Navigating the Challenges of Talent Mobility: Insights from the EY 2024 Survey
As the demand for international work experience grows, businesses face significant challenges in managing talent mobility. The EY 2024 Mobility Reimagined Survey reveals that three in four companies are struggling with fully developed mobility functions, potentially missing out on attracting and retaining top talent.
Key Findings
- Employee Retention: 64% of employees are more likely to stay with their employer after a long-term international assignment.
- Mobility Risks: 71% of firms have seen an increase in mobility risks but lack effective management policies.
These insights underscore the importance of a robust and strategic mobility program. Companies that prioritize strategic alignment, digital integration, flexibility, and external expertise are better positioned to support their employees through international assignments, thereby enhancing overall business resilience and competitiveness.
CapRelo’s Expertise in Talent Mobility
With decades of experience in global mobility, CapRelo provides end-to-end solutions that address the complex challenges of international assignments. Our services include strategic planning, risk management, and personalized support to ensure successful and efficient relocations. By partnering with CapRelo, organizations can enhance their talent mobility programs, improve employee satisfaction, and achieve better business outcomes.
Learn how CapRelo can help your business navigate the complexities of global talent mobility: CapRelo Global Mobility Services.