TalentTakeawayswebinar & podcast series
Expatriate Rules of the
RoadGuest Presenter: Chuck CsizmarFounder & PrincipalCMC Compensation Group
AGENDAThe Series
TalentTakeawayswebinar & podcast series
Talent Takeaways Series
AGENDAAGENDAThe Sponsor
Talent Takeaways Series
Talent Management Made for Managers
Compensation Planning Total RewardsStay Interviews
AGENDAAGENDAExpatriate Rules of the Road
Talent Takeaways Series
Presented by:Chuck CsizmarFounder & PrincipalCMC Compensation Group
AGENDAAGENDA A Complex and Costly Affair
Talent Takeaways Series
AGENDAAGENDAA Complex and Costly Affair
Talent Takeaways Series
Procedural technicalities
Emotional stress
Career risks
Huge cost commitment
AGENDAAGENDAYet Still They Come
Talent Takeaways Series
Knowledge transfer
Skill development
Integrating an acquisition
Corporate representation
AGENDAAGENDA You Must Stay on Track
Talent Takeaways Series
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
AGENDAAGENDA Have a Policy
Talent Takeaways Series
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
AGENDAAGENDA Why Are You Doing This?
Talent Takeaways Series
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
AGENDAAGENDA Approval Chain of Command
Talent Takeaways Series
AGENDAAGENDAApproval Chain of Command
Talent Takeaways Series
Establish gatekeeper approval process
Managers will try to game the system
Unauthorized signatures still cost
AGENDAAGENDAConsider Non-Traditional Assignments
Talent Takeaways Series
Use shorter term assignments
Extended business trips
More attractive to candidates
Lower costs, easier adjustments
AGENDAAGENDASelect Employee Ambassadors
Talent Takeaways Series
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
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?”
AGENDAAGENDA Avoid Special Deals
Talent Takeaways Series
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
AGENDAAGENDA Focus on the Details
Talent Takeaways Series
AGENDAAGENDAFocus on the Details
Talent Takeaways Series
“Safe” issues can rise up & bite
Clarify, clarify, clarify
Document terms & conditions
We need a signature
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
AGENDAAGENDADo Not Forget Them
Talent Takeaways Series
Assignees require constant communication
“Out in the provinces” feeds discontent
Every assignee should have a mentor
AGENDAAGENDA Have an Exit Strategy
Talent Takeaways Series
AGENDAAGENDAHave an Exit Strategy
Talent Takeaways Series
Constant worry for assignees
Experienced expats are valuable resources
Have a repatriation plan
Avoid last-minute shuffles
AGENDAAGENDA You Can Do This
Talent Takeaways Series
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
AGENDAAGENDA CMC Compensation Group
Talent Takeaways Series
www.cmccompensationgroup.com
AGENDAAGENDA
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