Four Steps to Effective Global Relocation Policy Design
Companies that are relocating employees globally face a constantly changing business environment. Whether your organization requires a large-scale global policy redesign or you are adjusting only a few policy elements, mobility and HR professionals need to address a variety of challenges. Among these challenges is the need to identify your company’s strategic business objectives as they relate to global mobility, while also striking a balance between employee satisfaction, cost containment, and organizational support.
Following are the first few steps you can follow to get started on your policy redesign journey:
- Evaluate your policy development and talent strategies. Review your global mobility program as well as your company’s talent management plan, to ensure your program aligns with talent objectives.
- Analyze your organization’s goals and recognize its culture. Once you’ve answered initial questions about your company’s mobility and talent management goals and strategies, you’ll need to analyze your organization’s strategic objectives and identify key cultural behaviors and how your policies can best support them.
- Decide what type of structure your program will use. Choose from a variety of policy structures, depending on the results of your organizational analysis and on the specific goals of your mobility program. You may want to consider tiered policies, a single policy, cafeteria-style offerings, or a core-flex approach.
- Design your policy. When you have completed the previous steps, you should have a good grasp of your priorities, short- and long-term goals, the organizational culture that will drive decisions, and the policy structure appropriate for your organization. This understanding will help you to set the specific direction of your policies and their various components.
Understanding both your company’s goals and its culture will help you set the direction for your policies and programs. If you’re considering redesigning your policy to adopt a more flexible approach, read our latest white paper, Choosing the Direction of Change, where we provide you with a step-by-step guide on flexible policy transformation.
Any policy decision your organization makes will have both advantages and disadvantages. An experienced Consulting team can help you through this process successfully. For more information, please contact your Cartus representative or email email@example.com.