Managing Global employees – Expats
In today’s global economy, having a workforce that is fully updated about the world is a competitive advantage for the company. 80% of midsize and large companies currently send their professionals abroad and 45% plan to increase the number of people on assignment (Black and Gregersen 1999). An organization might send an expat instead of hiring someone locally for a variety of reasons. The procedures and culture of the local office can be carried over to the new one by an expatriate employee. Most expats have experience working in one of their employer's local offices, so they are familiar with how the company operates. This could be particularly crucial when opening a new office. An expatriate can ensure that the same culture and procedures you employ at home exist abroad to ensure that your foreign offices can collaborate effortlessly with your local ones. There are advantages and disadvantages of expatriation. Advantages · Able to tran...