Summary
This document is a report detailing the findings of Aon's 2024 International People Mobility Study, which analyzes the factors influencing employee assignments abroad. The study indicates a decline in traditional assignments due to rising costs and talent shortages, with 51 percent of surveyed businesses citing inflation as the primary concern. The report highlights the impact of political instability on international mobility, with 22 percent of respondents acknowledging its significance. Additionally, the competition for skilled workers is noted as a pressing issue, prompting employers to seek talent from abroad. The document also discusses emerging trends such as 'workcation' and 'bleisure' and emphasizes the growing importance of diversity, equity, inclusion, and belonging strategies in international remuneration. Furthermore, it addresses the influence of environmental, social, and governance (ESG) criteria on business travel decisions, with many companies adopting policies to reduce travel for environmental reasons. The report concludes by noting the complexities employers face in adapting to these evolving conditions.
