The evolution of global mobility
As the economic recovery picks up, Cameron Senior, Head of Distribution, HSBC Expat reflects on the importance of the needs of the individual when navigating the complexities of global mobility. Feeling connected to home has proved vital for assignees and flexible working is here to stay post pandemic, he writes.
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daptability is the single most important trait for any international secondee. But this past year has demanded far more than just adaptability, it has required grit
and a determination to push through uncertainty when global mobility became much more complex. With the world starting to open up once again, and a sense of international adventure re-emerging, it is this perseverance which has revolutionised the way we collaborate across borders and will set us up for success in the years to come. Helping international employees through the
pandemic has fundamentally changed the role of global mobility professionals. It has been an opportunity for HR and global mobility teams to shine, adapt to the new environment and keep up with changing regulations, to support their assignees and the businesses with which they work.
EMBRACING CHANGE TO BEAT UNCERTAINTY One of the greatest obstacles for international assignees can be uncertainty. The ability of teams to operate in a more agile way and make decisions quickly, often under pressure,
has been a key advantage. Whilst we have found our way through new rules and regulations, HR and global mobility practitioners have played a critical role in providing reassurance and stability to those living and working abroad. Central to this has been helping assignees understand local restrictions and managing repatriation requirements for those making the decision to move back home. Travel restrictions have seen people more reliant on
transferring money overseas to support family and friends, which has exposed them to currency instability and a heightened risk of fraud. As a result, for expats, getting the necessary support to guide them through financial uncertainty has become even more important. Ultimately this has created new ways for international professionals to manage their money and ensure they can support loved ones, no matter the distance between them. Wellbeing has perhaps never been so important, and
mental health has become front and centre as our work lives were turned upside down. With travel restrictions in place, the pandemic has forced us to find new ways to connect, and this is especially true of those living in a new country. As I reflect on what the international community has overcome, I am inspired by the way expats have adapted and redefined what home really means to them.
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