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Monthly Archives: February 2011

Going Home: Indian and Chinese Returnees Find Their Roots

In businesses worldwide, the intense competition for talent continues. Multinationals are increasingly turning to the strategy of placing “returnees”—foreign nationals who have previously lived and worked outside of their home countries—in hard-to-fill slots in China and India. Returnees are considered far more adaptable to local cultures because they often speak the language fluently and are more familiar with cultural traditions. They are very often highly educated, with work experience in the Western world and familiarity with Western business practices. Moreover, they may be highly motivated to return to their roots out of a desire to honor family commitments, such as caring for aging parents in the homeland, or a wish to familiarize their children with ancestral surroundings and traditions.

 For their part, many returnees expect that bringing their Western educations and work experience back home to China and India may result in increased pay and prospects—a move up the organization chart, so to speak. A survey conducted by Ewing Marion Kauffman Foundation, “America’s Loss is the World’s Gain,” confirmed these great expectations; it showed that among Indians, the percentage of respondents holding senior management positions increased from 10% in the U.S. to 44% in India, and among Chinese, it increased from 9% in the U.S. to 36% in China. (more…)

When the Olympic Torch Crosses Tower Bridge: Planning for the London Summer of 2012

London is calling all right. It is estimated that a quarter million people will visit the United Kingdom’s capital city during the summer of 2012 to attend events including the Queen’s Diamond Jubilee, the Olympics, the Paralympics, and the Wimbledon Tennis Open Championships. An estimated eight million tickets will be sold for the Olympics, which are scheduled to run from July 27 to August 12, and the Paralympics, which will be held August 29 to September 9. With this agenda in mind, there are planning considerations for relocation managers.

Advance Planning

With approximately 16 months remaining until the Olympics, advanced planning is critical to managing successful relocations into London during the summer of 2012. In general, most relocation services are likely to take longer to deliver. Although it is too early to plan for some moves, graduate programs, long term assignments, and repatriations can be reviewed now. Relocation managers should consider monitoring the number of assignees that they need to move and try to avoid having their employees begin or end relocations or assignments on dates that coincide with any of the summer 2012 events.

If companies are planning a number of relocations to and from London in 2012, it is recommended that they conduct regular calls with their Cartus representative to monitor future moves and any changes or allowances that may need to be made. (more…)

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