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Latin America Workforce Mobility

LATIN AMERICA WORKFORCE MOBILITY LATIN AMERICA HAS BECOME PARTICULARLY ATTRACTIVE FOR COMPANIES L0OKING TO GO GLOBAL. But with great opportunity comes equally great talent mobility challenges. A survey of 88 global HR managers in 11 industries identified the most pressing challenges, and the best practices for a successful workforce transition. TOP LATIN AMERICA DESTINATIONS 94 percent of companies surveyed expect their volume of mobile talent in Latin America to increase or remain static over the next twelve months. Here are the most popular destinations. 25% 43% MEXICO BRAZIL 4% COSTA RICA 10% COLOMBIA ARGENTINA MAIN WORKFORCE MOBILITY CHALLENGES COORDINATING PAYROLL & COMPENSATION 30.2% CONTROLLING PROGRAM CCOSTS 25.4% COMPLIANCE ISSUES 17.5% GETTING BEST CANDIDATES TO TAKE ASSIGNMENT 14.3% RELUCTANCE TO RELOCATE TO THIS REGION 11.1% SECURITY 11.1% LACK OF INTERNAL RESOURCES/EXPERTISE 11.1% STEALTH EXPATRIATES 04.8% -TURNOVER UPON REPATRIATION 04.8% LACK OF ROI ON ASSIGNMENT 01.6% BEST PRACTICES AND RECOMMENDATIONS Companies are well advised to prepare for activity in this region before it commences. Good planning will help avoid long immigration processing times, increase savings and enhance overall control. XXXXX Create benefits packages that are based on the impact that an assigment, and the employee's career development, will have on driving your company's business strategy. Whenever possible, leverage the expertise of workforce mobility management companies that have deep roots in the region, knowledge of local business practices and regulations, and expertise in sourcing and managing local supply chain partners. Eliminate the complexity that manual processing of global payments can bring. Instead, automate and outsource compensation collection to improve compliance, boost cost control and prevent tax penalties and other consequences. FOR MORE BEST PRACTICES AND OUR COMPLETE SURVEY FINDINGS, Weichert Workforce Mobility EMAIL SOLUTION[email protected] OR VISIT WEICHERTWORKFORCEMOBILITY.COM

Latin America Workforce Mobility

shared by annikabrandow on Apr 20
An infographic explaining the challenges that arise from expanding your company into Latin America while offering solutions to these challenges.


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