CAP Worldwide Director, APAC JP Lin co-hosted an industry roundtable at the recent WERC APAC event held in Singapore at the Raffles City Convention Centre on 27/28 May.
The session, co-hosted by Rowen Wong of WHR Global, and including APAC global mobility leads for Schneider Electric, Continental and Publicis Groupe, discussed the changing landscape of talent mobility in the region.
The panellists addressed a number of key topics during a highly information session:
The Role of Talent Mobility
- The value proposition of talent mobility, how to measure and showcase how mobility impacts talent development, career progression, and employee retention.
- Global mobility as an “influencer” within business.
- The evolution of talent mobility since Covid-19, the increased involvement of talent mobility in the decision-making process, and also the variety of roles now performed by talent mobility within the business.
Cost Optimization vs Employee Experience
- Companies wish to maximize the value of their investments in relocation.
- Seeking innovative ways to optimize costs while delivering value instead of a one-size-fits-all approach. Lump sum vs Core-Flex programs.
- Also looking for benchmarking data on latest market trends to ensure companies stay relevant; analysis of data to achieve cost savings without affecting the employee experience.
- Relocation costs are increasing, yet price sensitivity continues during the tender process. The panel shared some great examples of how suppliers can deliver savings versus budgets by better understanding assignees needs, ensuring a more focussed delivery of services, and continually reviewing how efficiencies can be delivered to enhance global mobility programmes.
AI: Data Integration and Analytics
- Suppliers need to provide real-time data to clients to facilitate the decision-making process.
- AI is not only data integration in today’s context, there should be more functionality to support the mobility process, deliver efficiency and reduce administration.
- How does AI translate to service improvement and employee experience given the demographic range of a global mobility programme?
- How can AI be used to reduce the duplication of conversations with different parties during the assignment.
- Is AI really just about API feed and faster initiation and efficiency to avoid duplication of work?
- Is the use of AI going to produce better service quality, or will it simply help suppliers to deliver service more efficiently?
Thank you to WERC for the opportunity to host this session, and to the panellists for a fascinating and interactive discussion on talent mobility today.
