Agile Workforce Deployment: Mobilizing Talent at the Speed of Business

September 9, 2014

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Jennifer Connell, CRP, SGMS-T, Director, Americas Practice, Consulting

Eighth edition 220 participants across U.S. and Canada Ten industry peer groups New this year:

– Questions modified to reflect our clients challenges in being agile in today’s economy – Enhanced report

About Our Survey

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Volatility

Uncertainty

Complexity

Ambiguity

Today’s Environment

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One-third of companies expect their mobility volume to increase over the next year

Talent shortages driving need for more agile workforce

High-growth companies embrace mobility as a strategic talent management tool

Temporary domestic assignments on the rise

Key Findings

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Renters are eclipsing homeowners in some markets. Extended relocation timeframes continue to prove a

challenge to companies. Lump sum tops the list of flexible approaches. Companies that leverage their mobile workforce to

advance talent management initiatives will be poised for strong performance.

Home sale remains a critical component of workforce mobility programs.

Key Findings (continued)

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Importance of Mobility

Supporting our Employee Value Proposition and desire to be an employer of choice

Rapid deployment to respond to staffing/ talent gaps

Meeting specific business objectives/ goals

Retaining talent through career developing relocations/ assignments

Recruiting new talent

Indicate the importance your relocation policy plays in the following areas

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Factors Driving Need for Agility

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External

Internal

Talent Shortage Organizational Changes

Competition Talent Shortage

Economy Markets Expanding/Reductions

Increased Projects Employee Demographics

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Temporary Assignments

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Which of the following domestic temporary assignments do you utilize?

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71%

44%

22% 21% 18% 15%

Lump sums Multiple tiers Granting more exceptions

Core-flex programs

Menu-driven programs

Domestic temporary

assignments

Flexible Programs

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Lump Sums

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Core-Flex Approach

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In core/flex programs, who selects the flexible benefits?

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Cost Control – Caps and Maximums

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Cap only provisions (i.e. 30 days of temp living) Caps on certain line item benefits No cap on provisions Certain tiers have cost caps Caps by policy tier

39% 37% 12% 5% 7%

Home Sale

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How critical is home sale assistance in Facilitating mobility for the following groups?

Loss-On-Sale / Equity Loss

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Percentage of homeowners receiving a loss payment in 2013

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Exceptions

22% grant more exceptions to policy to support flexibility 83% of companies have a formal process for exceptions Most frequent areas of exceptions:

– Temporary Living – Extending the overall timeframe of the move – More return trips home – Equity Loss Assistance – Miscellaneous Allowance

33% cite “Subsequent requests for exceptions” as a major obstacle in administering temporary assignments.

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Questions?