“There are numerous personal and organizational advantages for sending employees overseas, including career development, global experience, new skillsets, and re-allocation of resources.
“In a skill-focused economy driven by digital disruption and the need for a globally connected workforce, deploying expatriate employees is an increasingly important aspect of a competitive business strategy for global companies,” said Ilya Bonic, President of Mercer’s Career business. Organizations realize that to thrive they must embrace change, adapt to new technologies, and build emerging skills to attract, motivate, and enhance talent. In a rapidly changing world, mobility programs have become a core component of multinational organizations’ global talent strategy. According to the report, N’Djamena, Chad takes the lead as the highest-ranking city in Africa. Mercer’s 25 th annual Cost of Living Survey finds that a number of factors, including currency fluctuations, cost of inflation for goods and services, and volatility in accommodation prices, contribute to the overall cost of expatriate packages for employees on international assignments. Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), has released the results of its 2019 Cost of Living survey, ranking cities around the world. Multinationals’ focus on mobility as a workforce strategy supports career growth and global competitiveness.Cities in Asia are the most expensive locations for employees working abroad.
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