Posts about Industry Trends

Industry Trends
July 8, 2020

Instant Access to Worldwide Temporary Accommodations

To support worldwide temporary living accommodations, NuCompass is pleased to announce it has enhanced its centralized booking platform for furnished accommodations and hotels. The new platform integration delivers instant temporary living options at the most competitive rates, with 100% provider and rate transparency. As a centralized system for worldwide accommodations in more than 160 countries, […]
Read More »
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 […]
Read More »
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 […]
Read More »
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 […]
Read More »
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 […]
Read More »
Industry Trends
July 8, 2020

Infrastructure Investment and Jobs Act Is at the Finish Line

The U.S. House of Representatives passed the $1.2 trillion infrastructure bill, H.R. 3684, Friday, advancing it to President Biden’s desk. For mobility, this means improving the cost and efficiency of transporting household goods throughout the United States. The largest item in the bill is a $110 billion investment dedicated to building and repairing roads and […]
Read More »
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 […]
Read More »
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 […]
Read More »
Industry Trends
July 7, 2020

Can The 4-day Workweek Solve the Great Resignation?

The workweek as we know it — Monday to Friday from 9 to 5 — has not always been the norm. This way of working was first implemented by Henry Ford in 1926 when most companies had their employees working 6 days per week, several hours a day. Today, amid a global pandemic that completely […]
Read More »
Industry Trends
July 7, 2020

Living Anywhere: Will Big Cities Thrive or Dive?

Many companies are making return-to-work optional, allowing permanent remote work. For cities like New York, San Francisco, LA, and Seattle, will the ability for office workers to work from anywhere cause them to thrive or dive? Cities base much of their economies on the office worker spending as much as $6,730 annually (New York City) […]
Read More »