A Guide to Mitigating the Risk of Failed Employee Relocation
In today’s globalised business environment, employee relocation has become increasingly important as it allows companies to access a larger talent pool, expand into new markets, and facilitate knowledge transfer and collaboration between different branches or departments. However, a failed relocation can have severe consequences for both the organisation and the employee. For the organisation, it can lead to decreased productivity, increased costs, the loss of valuable employees, and a negative impact on employee morale. For the employee, a failed relocation can result in stress, dissatisfaction, and potential harm to their career progression.