Introduction
Deploying and maintaining talent around the world is a critical
priority for multinational companies. Driven by globalization,
global mobility is an increasingly important component of
maintaining market competitiveness, whether for expanding to a new
country, sourcing the right talent or ensuring workforce
diversity.
There are myriad reasons why companies choose to send employees
overseas on assignment, but employers typically must navigate a
common set of challenges with regard to properly managing their
expats. Make no mistake: The stakes are high. Employing an expat
typically costs two or even three times more than the simple cost
of the individual's home-country salary. Moreover, expat
assignments can and do fail, and improper immigration or tax
compliance management can lead to serious legal trouble for the
employer and/or the employee.
