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Expatriate Rules of the Road

Date post: 15-Jan-2017
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TalentTakeaways webinar & podcast series Expatriate Rules of the Road Guest Presenter: Chuck Csizmar Founder & Principal CMC Compensation Group
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Page 1: Expatriate Rules of the Road

TalentTakeawayswebinar & podcast series

Expatriate Rules of the

RoadGuest Presenter: Chuck CsizmarFounder & PrincipalCMC Compensation Group

Page 2: Expatriate Rules of the Road

AGENDAThe Series

TalentTakeawayswebinar & podcast series

Talent Takeaways Series

Page 3: Expatriate Rules of the Road

AGENDAAGENDAThe Sponsor

Talent Takeaways Series

Talent Management Made for Managers

Compensation Planning Total RewardsStay Interviews

Page 4: Expatriate Rules of the Road

AGENDAAGENDAExpatriate Rules of the Road

Talent Takeaways Series

Presented by:Chuck CsizmarFounder & PrincipalCMC Compensation Group

Page 5: Expatriate Rules of the Road

AGENDAAGENDA A Complex and Costly Affair

Talent Takeaways Series

Page 6: Expatriate Rules of the Road

AGENDAAGENDAA Complex and Costly Affair

Talent Takeaways Series

Procedural technicalities

Emotional stress

Career risks

Huge cost commitment

Page 7: Expatriate Rules of the Road

AGENDAAGENDAYet Still They Come

Talent Takeaways Series

Knowledge transfer

Skill development

Integrating an acquisition

Corporate representation

Page 8: Expatriate Rules of the Road

AGENDAAGENDA You Must Stay on Track

Talent Takeaways Series

Page 9: Expatriate Rules of the Road

AGENDAAGENDAYou Must Stay on Track

Talent Takeaways Series

Failure rate is too common

Expat relationships require effort & attention

Create a win-win scenario

No guarantees, but common sense helps

“Rules of the Road” can help steer the adventure

Page 10: Expatriate Rules of the Road

AGENDAAGENDA Have a Policy

Talent Takeaways Series

Page 11: Expatriate Rules of the Road

AGENDAAGENDAHave a Policy & Use It

Talent Takeaways Series

Policy delays are common

Minimize negotiating “feeding frenzy”

Avoid “stealth expatriates”

“Get it done” attitude is costly

Page 12: Expatriate Rules of the Road

AGENDAAGENDA Why Are You Doing This?

Talent Takeaways Series

Page 13: Expatriate Rules of the Road

AGENDAAGENDARequire a Business Case

Talent Takeaways Series

Can you answer the “why?” question?

What is the assignment ROI?

Advance notice of projected costs

Soft answers cost hard dollars

Page 14: Expatriate Rules of the Road

AGENDAAGENDA Approval Chain of Command

Talent Takeaways Series

Page 15: Expatriate Rules of the Road

AGENDAAGENDAApproval Chain of Command

Talent Takeaways Series

Establish gatekeeper approval process

Managers will try to game the system

Unauthorized signatures still cost

Page 16: Expatriate Rules of the Road

AGENDAAGENDAConsider Non-Traditional Assignments

Talent Takeaways Series

Use shorter term assignments

Extended business trips

More attractive to candidates

Lower costs, easier adjustments

Page 17: Expatriate Rules of the Road

AGENDAAGENDASelect Employee Ambassadors

Talent Takeaways Series

Page 18: Expatriate Rules of the Road

AGENDAAGENDASelect Employee Ambassadors

Talent Takeaways Series

Remember “The Ugly American”?

Who has the right personna?

Live with local residents, not above them

The family is involved too

Provide cultural orientation & language lessons

Page 19: Expatriate Rules of the Road

AGENDAAGENDAAlways Have a Backup Candidate

Talent Takeaways Series

Avoid having all eggs in one basket

It’s all about leverage

Look for “thanks for the opportunity,” vs

“So, you want a favor?”

Page 20: Expatriate Rules of the Road

AGENDAAGENDA Avoid Special Deals

Talent Takeaways Series

Page 21: Expatriate Rules of the Road

AGENDAAGENDAAvoid Special Deals

Talent Takeaways Series

Special arrangements become common knowledge

Be mindful of creating precedents

Major dissatisfier for your community

Confirm arrangements before departure

Page 22: Expatriate Rules of the Road

AGENDAAGENDA Focus on the Details

Talent Takeaways Series

Page 23: Expatriate Rules of the Road

AGENDAAGENDAFocus on the Details

Talent Takeaways Series

“Safe” issues can rise up & bite

Clarify, clarify, clarify

Document terms & conditions

We need a signature

Page 24: Expatriate Rules of the Road

AGENDAAGENDAHave a “Hand-Holder” in Place

Talent Takeaways Series

Local contact point for host country issues

Decision-making authority & responsibility

Do not rely on volunteers

Assign home country contact as well

Page 25: Expatriate Rules of the Road

AGENDAAGENDADo Not Forget Them

Talent Takeaways Series

Assignees require constant communication

“Out in the provinces” feeds discontent

Every assignee should have a mentor

Page 26: Expatriate Rules of the Road

AGENDAAGENDA Have an Exit Strategy

Talent Takeaways Series

Page 27: Expatriate Rules of the Road

AGENDAAGENDAHave an Exit Strategy

Talent Takeaways Series

Constant worry for assignees

Experienced expats are valuable resources

Have a repatriation plan

Avoid last-minute shuffles

Page 28: Expatriate Rules of the Road

AGENDAAGENDA You Can Do This

Talent Takeaways Series

Page 29: Expatriate Rules of the Road

AGENDAAGENDA You Can Do This

Talent Takeaways Series

Expat assignments will always be costly & complex

Assignees will always have issues

Following the “rules” can steer the adventure

You can create a win-win scenario

Page 30: Expatriate Rules of the Road

AGENDAAGENDA CMC Compensation Group

Talent Takeaways Series

[email protected]

www.cmccompensationgroup.com

Page 31: Expatriate Rules of the Road

AGENDAAGENDA

Downloads

Recorded Webinars

Product Tour & Demo

Resources & Support

Talent Takeaways Series

Page 32: Expatriate Rules of the Road

COMPview | Compensation Planning Software

Talent Takeaways Series

Automate, Align & Simplify Complex Compensation Planning


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