Expat Professionals Demanding Return To Gold Plated Relocation Packages

Published:  7 Dec at 6 PM
Want to get involved?

Become a

Featured Expat

and take our interview.

Become a

Local Expert

and contribute articles.

Get in

touch

today!

New research is revealing more and more expat professionals are unhappy with cuts to their relocation packages and are demanding a rerun of the ‘good old days’.

In spite of the growing trend in many former favourite locations towards employing local talent, experienced expats are digging their heels in for extensive lifestyle and medical benefits as well as a stronger focus on mental health, well-being and flexible working hours. Over the past several years, Western expats heading for the Gulf States and Asia have found both governments and locals less welcoming, with a number of countries raising the bar against foreign professionals.

Many expatriates believe the golden age of globalised working overseas is about to fade into history, and are finding themselves unable or unwilling to adjust to the new reality. The trend is at its most disturbing in the Gulf States, most of which are following Saudi Arabia’s ‘Saudization’ lead.

One recent global study involving 150 senior human resources directors and some 1800 globally mobile professionals showed over half of the directors had noted a growing demand for benefits since 2012. Just a third reported they’d been arranging increased health and well-being benefits over the past 10 years, and another third expected their international workforce to expand between 2017 and 2022. Around 80 per cent of those expecting expat growth focused it on Europe, North America and Asia, but forecasted restricted growth in the Middle East.

A major and growing ongoing problem amongst long-term globally mobile expat professionals is mental health including stress, anxiety and depression, with high-flyers the most likely to succumb. Expectations and increasing demands by employers are the main reasons, along with a lack of appreciation as to how mental health problems can be a serious barrier to achievement. A good number of HR directors now believe comprehensive private health cover gives an edge over other employers’ relocation packages and is a strong aid in recruitment and retention of top-quality staff.

Comments » No published comments just yet for this article...

Feel free to have your say on this item. Go on... be the first!

Tell us Your Thoughts On This Piece:

RECENT NEWS

From Hungary To Cyprus: The European Countries Where You Can Still Get A Golden Visa

While some countries like Spain have clamped down on golden visas, others like Hungary and Cyprus still offer them for l... Read more

How Seville Is Standing Up To Madrid And Barcelona As A Host City For Major Events

The Andalusian capital is no longer a transit destination. From the Latin Grammy Awards to the Ibai Evening, plus the la... Read more

Four Seasons Launches Its First Yacht Complete With On-board Spa Plus 11 Restaurants And Bars

Named Four Seasons I, the vessel will have just 95 suites on board and will sail around the Mediterranean in the summer ... Read more

Collision On The Runway At New York LaGuardia Airport: Two Pilots Killed And Flights Grounded

An Air Canada regional jet struck a rescue and firefighting vehicle that was responding to a separate incident. Read more

Cycling In Sweden: New 170km Route From Gothenburg Will Open In May

The Ljungleden trail from Gothenburg to Falköping is designed for both experienced cyclists and more casual riders. Read more

These Are The UKs Most Popular Tourist Attractions, From The Natural History Museum To Stonehenge

How many of these museums, galleries and monuments have you been to? Read more