ACHIEVING ASSIGNMENT SUCCESS THROUGH THE RELOCATING PARTNER

During a recent conversation with one of our senior consultants who has a specialty in supporting relocating partners within the Oil & Gas industry, shared with me the challenges that many partners were facing as they competed for jobs within a hiring environment that has been hit harder than most because of Covid-19. And these challenges are not exclusive to Oil & Gas hubs and cities around the globe. 

Many industries have been impacted by the global pandemic and with talent mobility continuing at a pace to move the right person to the right place at the right time, relocated partners are often finding themselves in new and unfamiliar locations with tough local competition for available career opportunities.

The pandemic has also heightened the importance for most families of maintaining a dual-income whilst on assignment, and we know from our own research, NetExpat & EY Relocating Partner Survey, that almost 70% of families rate the dual-income as a significant or critical factor in making the relocation both viable and successful in the long-term.

And as organisations begin to ignite conversations with existing and future talent about the prospect of moving cross-border, both factors are critical in considering the ability to both encourage and support the mobility experience of the entire family.

Almost 80% of female employees cite their partners refusal to relocate as the #1 reason for assignment opportunity rejection, a quite staggering statistic and one that does not support any organisations DE&I goals.  

Now is the perfect time to step into the shoes of your future relocating partners and to challenge whether your programme is delivering impactful support and duty of care not just for employee but for the spouse/partner as well.

Providing professional managed support to help guide each relocating partner on their personal pathway to happiness in their new city location is more important than ever before.

Investing in their ability to transition their career, perhaps entering the self-employment market or simply to integrate strongly will pay dividends to the long-term success of the assignment.

Over 80% of relocating partners supported by NetExpat are successful in securing new jobs versus research that shows only 9% are successful when left to their own devices or given a cash allowance. Powerful evidence of the reason to invest in managed support.

Relocating partners have the ability to remain the #1 reason for assignments to be rejected or to fail but on the flip side, they also have the ability to be a powerful advocate for assignment uptake and success. As the talent market becomes tougher in a post Covid world, now is the time to invest in relocating partners with cost effective, high impact managed support.

You’ll be amazed at the return on investment, which typically costs less than 1 week in a serviced apartment!