Posts about Industry Trends

Industry Trends
July 9, 2020

Hurricane Harvey Relocation Update

With the unprecedented events in Houston having an effect on many NuCompass clients and their employees, we invoked our teams at the beginning of the storm to be prepared in the aftermath for the needs of relocating employees. This event can affect relocating employees in all stages of relocation, from those in the process of leaving the Houston […]
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Industry Trends
July 9, 2020

Government Affairs and Relocation

Worldwide ERC® recently published a Government Affairs Update, which outlines the potential impact on relocation and global mobility programs. Information in this update includes:tax reform, Social Security, IRS changes, the new French withholding system, the travel suspension, the FinCEN advisory, and airline carbon emissions. Tax ReformThere were a number of developments on tax reform during the last […]
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Industry Trends
July 9, 2020

Talent Management Trends in China

Worldwide ERC recently published a survey of 116 companies on trends they anticipated regarding talent mobility in China. Below are some interesting survey results for assignment management structure and top destination cities. Structure for Managing Assignments in China  Respondents were asked how assignments were managed by their companies. The results were not surprising in that there […]
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Industry Trends
July 9, 2020

Fairness for High-Skilled Immigrants Act and the Impact on Global Mobility

The U.S. House of Representatives has recently passed a Fairness for High-Skilled Immigrants Act (H.R. 1044). This bill would dramatically change the employment green card distribution system.  Under the previous policy, only seven percent of green cards could be issued in a year to nationals from a given country, regardless of its population. Act H.R. 1044  would eliminate a safeguard […]
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Industry Trends
July 9, 2020

Executive Brief: Brexit and Its Impact on Employee Relocation

Three years after the referendum in the United Kingdom to depart the European Union set Brexit in motion, we are still left with uncertainty and a U.K. that is still very much a part of the EU. What’s the latest on Brexit and how might it impact the mobility industry? After an extension on the […]
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General
July 9, 2020 Blog

Coronavirus Impact on Global Mobility

As the coronavirus epidemic in China continues to escalate, there may be an impact on global mobility and relocation activities. International assignees may be affected by travel bans, evacuation, or delays in household goods shipments. While there are ongoing uncertainties with the epidemic situation, the current issues include travel restrictions caused by temporary closure of […]
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General
July 8, 2020 Blog

Coronavirus Update: Potential Impact on Global Mobility

In the ongoing efforts to limit the spread of the coronavirus, many countries have issued restrictions and quarantines, especially as new cases continue to be confirmed outside of China. Relocation activities remain severely restricted in China, and the full effect on global mobility remains to be seen. Factors that may impact mobility include postponed airfreight […]
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Industry Trends
July 8, 2020 Blog

Coronavirus, EU Travel Ban, and Global Mobility

With continued concerns related to the COVID-19 virus and the new travel ban put in place by President Trump on March 11, 2020, the following areas may have an impact on your employee mobility programs: Travel disruptions: With the travel ban from the Schengen Area, which is comprised of 26 European states, employees with existing travel […]
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Industry Trends
July 8, 2020 Blog

COVID-19 Operational Updates

For most of us, the recent spread of COVID-19 has changed the way we live, work, and interact with others. Now more than ever, community is vital to our everyday lives, as both a company and a society. Here’s a quick look at some of the ways we’re doing our part to provide the best […]
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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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