According to an annual Global Relocation Trends Survey (published by GMAC Global Relocation Services), India is emerging as one of the sought after locations to work for expatriates. Other countries that are hot-ticket destinations are China and 
Russia. In 2006, as much as 69 % of MNCs reported an increase in the number of international postings; and 65% of MNCs are now planning to increase the number of their overseas postings this year. However, all is not hunky dory either. Expats are having to face financial and cultural strains, and all this is taking a toll on the personal family lives of these professionals. There are additional problems like – and these apply to all three countries in consideration – housing and living costs, immigration challenges, payroll and employment-related concerns. Basically, even though these markets are sought after destinations, they are also ‘the most challenging locations for expatriates’.
Russia. In 2006, as much as 69 % of MNCs reported an increase in the number of international postings; and 65% of MNCs are now planning to increase the number of their overseas postings this year. However, all is not hunky dory either. Expats are having to face financial and cultural strains, and all this is taking a toll on the personal family lives of these professionals. There are additional problems like – and these apply to all three countries in consideration – housing and living costs, immigration challenges, payroll and employment-related concerns. Basically, even though these markets are sought after destinations, they are also ‘the most challenging locations for expatriates’.For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
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