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International assignment activity among global companies surges

  • May 25, 2012

International assignment activity among global companies surges

The signs of a reviving economy have officially begun affecting global relocation trends. Almost two-thirds of global companies sent more employees overseas in 2011 than in 2010, according to a recently released study by industry experts. After  three consecutive years of shrinking, this is a strong indicator that global businesses believe they are on the upswing.

The decision by many companies to relocate employees signals an emphasis on growth in the face of increased spending. Finding the right talent was commonly cited as a motivation by companies who were more willing to hire or relocate the right candidate even if it meant long distance moving or hiring an international moving company, according to the study.

The United States, China and the United Kingdom remained on top of the list of destinations for international assignments, according to the study. Despite maintaining that position, however, these three countries lowered their share of the total from 77 percent to 44 percent, demonstrating a widening pool of international corporate destinations.

More than 60 countries were listed as destinations for international relocation - more than three times the highest total from any other year.


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