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How firms can optimise their spending on expats
While scaling back on packages may help them save in the short run, this alone isn't the best move as uncompetitive packages could drive up assignment failure rates.
Beverly Mayhew (right), co-founder of Orientations, at the launch of an outreach centre of her company in Singapore. According to ECA's Managing Mobility Survey, retaining talent is a challenge faced by companies.
ST FILE PHOTO
THE merger of International Enterprise Singapore and Spring Singapore has brought internationalisation to the forefront of Singapore's national agenda. For companies looking to expand overseas, global mobility will play a huge role in their business decisions and allocation of funding.
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