Re:locate Extra - Issue 53

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Subject: Re:locate Extra - Issue 53 - June 2010

Re:locate: keeping you in touch

Welcome to Re:locate Extra – the e-newsletter that keeps you informed of the latest developments in the world of relocation. With a new government and an emergency budget let’s hear your views on how things are shaping up for relocation. Post your comments on our website and email us your opinions for the autumn issue of Re:locate.

Our bumper Summer 2010 issue of Re:locate, with special awards supplement, is out next week. Highlights include features on: the employment law and HR issues highlighted by the recent volcano-induced travel crisis; health and safety issues for expatriates who are caught up in overseas emergencies, or who suffer illness or accident abroad; the role of change and communications management in managing relocation; and the part tutors and guardians can play in educating and caring for the children of relocating families.

We’re particularly excited about our new Smart Move website. Designed specifically for relocating staff and with a regular, free online newsletter, it includes vital up-to-the minute information, area guides, practical advice and support from the trusted Re:locate source. Smart Move launches in the autumn, so sign up now for your online newsletter and keep checking the website for new content to support your relocating employees. See Fiona Leney’s comment on the new governments ‘education revolution’ and the implications for relocating families. Let us have your views.

Top Stories This Month

How the emergency Budget may affect relocation

Following Chancellor of the Exchequer George Osborne’s emergency Budget, Re:locate asked some experts what impact they think the measures announced may have on relocation.

No change to top rate of tax (50%)

Ben Wilkins, director, International Mobility Practice, at PricewaterhouseCoopers (PwC), says, “The UK remains more highly taxed than the other G20 countries, apart from Italy. It’s essential that companies moving employees here plan ahead to ensure they take full advantage of the reliefs available to foreign nationals.”

Taxation of Non Doms to be reviewed

Says PwC’s Ben Wilkins, “The government faces a tricky balancing act, in which it must raise revenue while still maintaining competitiveness. Many competitor countries have far more attractive regimes for Non Doms than the UK currently has. We await with interest the outcome of the review.”

VAT increased to 20%

According to Stephen Menko, UK director of HR recruiter Ortus, “Previous studies conducted in other European states suggest we can expect over 200,000 job losses from the VAT increase. The Chancellor may well feel that a price worth paying – but it certainly won’t be without its costs. The only way to reduce job losses significantly would have been to decrease other taxes, which is an option the Chancellor didn’t have.

See the full article and leave your comments

Emergency budget heralds ‘period of slow growth, falling living standards, and prolonged high unemployment’

Dr John Philpott, chief economic adviser at the Chartered Institute of Personnel and Development (CIPD), gives the HR viewpoint on Tuesday’s emergency Budget:

“The Chancellor has introduced what must surely rank as the most astonishing UK budget statement in modern times. Mr Osborne’s combination of £32bn additional spending cuts by 2014–15 and an £8 billion net tax hike amounts to an unprecedented fiscal squeeze, including an extremely severe clampdown on the welfare bill. Yet both he and the independent Office for Budget Responsibility (OBR) reckon there is a greater-than-evens chance that the government will meet what the Chancellor calls its ‘fiscal mandate’ with barely any serious short-term impact on economic growth and employment.

“Although the OBR has downgraded its pre-Budget economic growth forecasts in the light of Mr Osborne’s austerity measures, and become a bit more pessimistic about jobs, the suggested outlook for the economy is, nonetheless, remarkably rosy, with investment and net exports more than making up for weak household spending and a big drop in public spending. The Chancellor could hardly have asked for more had he and his Treasury team stuck with tradition and come up with the forecast themselves.

See the full article and leave your comments

Talent management climbing corporate agenda, EY report finds

Last month, Ernst & Young published its report Managing Today’s Global Workforce: Evaluating Talent Management to Improve Business. Based on the premise that talent management is a complete process and a key business competency which links mission, vision and strategy with the way it recruits, manages, develops and retains its people, the survey aimed, broadly, to explore the shape of the respondents’ talent management (TM) programmes (as well as its readers’). Do they, for instance, stand alone, or do they fit within the broader structure of the company’s business goals and, ultimately, its financial performance? And how do they work at the human level? For instance, are companies managing to retain their international assignees?

The survey received responses from over 340 companies within the Global Fortune 1000, mainly from senior executives or vice presidents in HR, Finance and Risk Management. All forward-looking companies know that it is their people, with their knowledge, skills and capabilities, who differentiate a company from its nearest rival. The survey covered a number of areas for consideration when examining talent management, and the solutions for each need to be factored in to company policy in a tailored and joined-up fashion.

See the full article and leave your comments

ERC Frankfurt summit explores changing face of workplace

The latest ERC Global Workforce summit, which took place in Frankfurt on 10 and 11 June, focused on Europe, the Middle East and Africa, and had as its keynote presentation The New World of Work: Perspectives on the next ten years. Presented by leading futurologist Dr James Bellini, it demonstrated the biggest, most important issues surrounding the changing nature of the workplace in the short and medium term as we undergo the biggest changes since the Industrial Revolution. Dr Bellini gave a dynamic and engaging presentation and we will share some of his fascinating predictions in our autumn issue plus the new mobility hot spots to watch.

Dr Bellini showed how technology is changing the whens and wheres of our professions, how organisations are being reorganised, the new balance of commercial power, the new business brands, and how the new billion+ middle class is leading to a massive shift in workforce mobility.

See the full article and leave your comments

Jobs board provides ideal recruitment solution

If you are looking for global mobility, international assignment and international HR candidates or relocation professionals, why not save money by advertising on Re:locate’s very own jobs board, where there are already high-quality candidates searching for the right job? As the only targeted jobs board for relocation, and covering both HR and suppliers, it features all the latest posts across this growing industry.

Candidates currently seeking new opportunities include global mobility managers, expatriate tax managers, global HR managers, relocation services directors, expatriate coordinators, relocation advisers, HR advisers, international assignment consultants and many more.

To register your jobs, go to http://jobs.relocatemagazine.com

Cranfield to deliver executive education programme in Dubai

Cranfield School of Management is hosting a two-day open executive education programme at Le Meridien Hotel, Dubai, on 22 and 23 June. The programme, Working with competing agendas: leading in complex times, is part of the school's successful General Management Programmes portfolio and is designed to help senior managers develop productive and effective business relationships in today's complex and high-pressured business environment in the Middle East.

The programme will be offered in the thriving business hub of Dubai by senior Cranfield faculty members Dr Martin Clarke and Dr Catherine Bailey, who possess a wealth of industry experience and have worked with many of the region's leading organisations.

See the full article and leave your comments

There are currently 97 great jobs on our website, relevant to you and your skills. The top ‘HOT JOBS’ are listed below, including new jobs posted online since the last Re:locate Extra. To view all job opportunities, click here.

Job Title: Business Development Manager
Location: Surrey
Salary: Negotiable
Further Details

Job Title: Relocation Management Consultant
Location: Herts
Salary: Negotiable
Further Details

Job Title: Advertising Sales Executive
Location: Kent, South East England
Salary: Negotiable
Further Details

Job Title: International Mobility Specialist
Location: London - City
Salary: £70,000 to £90,000 per annum
Further Details

Job Title: Corporate Services Manager
Location: London & M25
Salary: £32,000 to £35,000 per annum
Further Details

Job Title: International Move Specialist
Location: London & M25
Salary: £28,000 to £34,000 per annum
Further Details

Job Title: International Sales Estimator
Location: London & M25
Salary: £34,000 per annum
Further Details

Job Title: Sales Executive (Corporate Removals)
Location: London & M25
Salary: £45,000 per annum
Further Details

Job Title: Expatriate Tax Administrator
Location: London
Salary: £28,000 to £32,000 per annum
Further Details

Job Title: Area Sales Manager
Location: Surrey
Salary: £30,000 per annum
Further Details