Avoiding the perils of foreign assignments

Steps to follow for a successful relocation
By Stephen Cryne
|Canadian HR Reporter|Last Updated: 03/07/2007

Some organizations think sending a star candidate on a foreign assignment to take care of the latest project can be done with a minimum of planning. But, to be really effective, foreign assignments must be meticulously planned.

According to Statistics Canada there are about 68,000 Canadians working abroad at any given time and, with more companies active in the global marketplace, this number is expected to increase. A Canadian Employee Relocation Council (CERC) survey conducted in 2005 found 68 per cent of companies expected foreign assignments to remain steady or increase.

Costs are also on the rise. It’s not unusual to see relocation packages in the millions of dollars as companies send top executives overseas to exploit global business opportunities.