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4. Failure to Acclimate
According to the Society for Human Resource Management (SHRM), 42% of international assignments fail. The primary reason: failure to acclimate to the new location. Often, it is not the employee who is struggling, but their partner and/or children.
Yes, it’s human to be homesick and stressed when new to a faraway, foreign environment, but ideally, this should ease with time. Employers can help families acclimate better by offering pre-relocation support, providing access to mental health and wellness benefits, and insisting on work-life balance for employees on global assignments.
5. Higher Global Relocation Costs
It’s a given: international relocations cost more than domestic ones. Airfare costs more. Household goods services cost more. Plus, there are the added costs of visa and customs fees on the front end and repatriation fees on the back end.
And of course, there are more variables, such as high inflation, currency differences, and tax implications.
However, there are many ways employers can control relocation costs—and most start with their choice of relocation partner. For example, a relocation partner that leverages technology, like UrbanBound, can cut operating costs and pass those savings back to their clients, negotiate discounted rates with preferred suppliers, and provide employers with access to detailed analytics, allowing them to monitor their relocation spend in real-time.
Yes, international relocation presents unique challenges for employers—but there are solutions. For more information, read our companion blog, 5 Differences between Domestic and International Relocation—or learn more about UrbanBound.