Wednesday, May 19, 2010

Expatriates are not a dying breed

From an article by Sanchia Temkin:

"Expatriates are not a dying breed.. They are still very much part of the business strategies of many companies seeking to expand their activities beyond their homes bases," said Siobhan Cummins, MD for Europe, the Middle East and Africa of ORC Worldwide."

However, expatriate assignments are changing, with assignments lasting only one to three years, instead of much longer, which used to be the norm. Another change is that companies are paring down the assignment package, and are no longer paying large tax-free gratuities upon the completion of an assignment."

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