Posts about Industry Trends

Industry Trends
July 8, 2020 Blog

COVID-19 Operational & Supplier Updates

The effects of the pandemic on global mobility service is ever-changing. As noted previously, our Supplier Management Team is actively working with our supplier partners to ensure continuity of services, safety of all parties, and transparency of information. Our team is continually compiling data related to all services in each country to ensure that our […]
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Industry Trends
July 8, 2020

COVID-19 Relief Bill and Relocation Alert

As we are all adapting to the changes the COVID-19 pandemic has brought, we want to continue providing information that may impact your relocating employees. On March 27, 2020, the President signed into law a massive coronavirus relief package. A key component of the package provides U.S. individual taxpayers with a relief payment. Full payments are limited […]
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Industry Trends
July 8, 2020

Enhanced Services as Moving Restrictions Ease

As the country begins to ease restrictions pertaining to COVID-19, we know that things will look different. In some cases, very different. Our goal continues to be ensuring that the mobility-related needs of relocating employees and their families are being addressed. We can expect that transferees and their families, like many of us, will have heightened concerns and […]
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Industry Trends
July 8, 2020 Blog

Crises Management Framework for COVID-19

We are all challenged to make informed business decisions in this unprecedented time. As you try to make sense of today’s business environment and protect the well-being and safety of your employees, NuCompass wanted to share our own COVID-19 Crisis Management Framework (CMF) with you. This informative White Paper was written by NuCompass Chairman, Frank […]
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Industry Trends
July 8, 2020

EU Issues Digital Green Certificate For Travel

In what may be a preview of post COVID-19 Global Mobility, a digital COVID-19 certificate in the European Union was released recently to provide safe and free movement for its citizens. The document records whether an individual has been vaccinated, recovered from the virus, or has tested negative within 72 hours. The long-term goal is for […]
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Industry Trends
July 8, 2020

Global Companies are Leaving Hong Kong

Jolted by political disruption and a crackdown by mainland China and the pandemic, global companies are moving to cities like Shanghai and Singapore. According to the American Chamber of Commerce in Hong Kong, “42% of the 325 respondents said they were considering or planning to leave the city, citing uneasiness over China’s new security law […]
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General
July 8, 2020 Blog

Climate Change is Important to Your Global Mobility Business

Customers, clients, and employees are looking for more sustainable and better environmental practices to do businesses with.  Now, companies like FIdelity International have said “it will hold company directors to account next year if they fail to deliver on issues of climate change and boardroom gender diversity.” The UN’s Intergovernmental Panel on Climate Change began […]
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General
July 8, 2020

Business Travel Boom Expected After U.S. Lifts Travel Ban From the UK and EU

After 19 months of travel restrictions from Europe, the U.S. has lifted the virtual travel ban and fully vaccinated tourists and business travelers are now able to enter the country. Since the lift on Monday, airlines have already seen a steep incline in scheduled flights. Mark Tanzer, chief executive of the Association of British Travel […]
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Industry Trends
July 8, 2020

Goldman Sachs CEO Calls for Ease of Border Restrictions in Hong Kong and China

At the Bloomberg New Economy Forum in Singapore, Goldman Sachs CEO David Soloman said strict border controls in Mainland China and Hong Kong are creating staffing challenges. “Being restricted in terms of leaving or coming back, the family pressure, etc., that’s not a great dynamic for talent,” Soloman said. “That’s certainly a headwind for global […]
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Industry Trends
July 8, 2020

Britain’s Financial Sector Aims for 6-month Staff Visa

A Global Talent Mobility report from TheCityUK, City of London Corporation, and EY shows that organizations are looking for a “hybrid” short-term business visa that would allow people to work without the need to go through full work visa requirements. The report showed that after the implementation of Britain’s new immigration system, “financial and related […]
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