Outsourcing global mobility services is becoming increasingly popular among businesses of all sizes. The globalization of the economy, the rise of remote work, and the need for companies to be agile and flexible have all contributed to the growth of outsourcing. Below we will look at the perks of outsourcing global mobility services and how businesses can benefit from this practice. But first things first, what do these services entail?

What are Global Mobility Services?

Global mobility services refer to the management of employees who work outside of their home country. This includes managing immigration, tax, legal compliance, relocation, and other related services. The process of managing global mobility services can be complex and time-consuming, and it requires specialized knowledge and expertise.

Global mobility services are essential for businesses with international operations because they help ensure employees have a smooth and successful transition to their new location. They also help companies to comply with local laws and regulations.

Global mobility services are typically managed by HR departments but can also involve coordination with finance, legal, and immigration experts. These services can vary depending on the business’s needs and the employee’s location. Still, they generally include support for obtaining the necessary visas and work permits, assistance with housing and transportation, and guidance on cultural differences and social integration.

What is Outsourcing?

Outsourcing is hiring an external company to perform a specific task or function rather than performing it in-house. Outsourcing allows businesses to concentrate on core competencies while leaving non-core functions to external experts. Outsourcing is a cost-effective way to access specialized expertise, improve efficiency, and reduce costs.

Perks of Outsourcing Global Mobility Services

Access to Specialized Expertise

Outsourcing global mobility services allows businesses to access specialized expertise in managing immigration, tax, and legal compliance. Outsourcing providers have extensive knowledge and experience in managing global mobility services, and they stay up-to-date with changing regulations and compliance requirements. By outsourcing, businesses can ensure that their employees comply with relevant regulations and laws and avoid costly mistakes and penalties.

Cost Savings

Outsourcing global mobility services can result in significant cost savings for businesses. Hiring and training in-house staff to manage global mobility services can be expensive, and it requires ongoing training and development to keep up with changing regulations and compliance requirements. Outsourcing allows businesses to avoid these costs and access specialized expertise at a lower cost.

Improved Efficiency

Outsourcing global mobility services can also improve efficiency for businesses. Managing global mobility services can be time-consuming and distract employees from their core responsibilities. Outsourcing allows companies to focus on core competencies while leaving non-core functions to external experts, which can result in improved efficiency and productivity for the business.

Flexibility and Agility

Outsourcing global mobility services can also provide businesses with greater flexibility and agility. In today’s global economy, companies must respond quickly to changing market conditions and business needs. Outsourcing allows businesses to scale their global mobility services up or down quickly and easily without hiring or training additional staff.

Improved Employee Experience

Outsourcing global mobility services can also improve the employee experience for businesses. Relocating can be a stressful and overwhelming experience for employees. Experienced global mobility facilitators like BoardRoom can support and guide employees during the relocation process, including finding housing, enrolling in schools, and obtaining necessary visas and work permits. By providing this support, businesses can improve the employee experience and reduce employee turnover.

Risk Mitigation

Outsourcing global mobility services can also help businesses mitigate risk. Managing global mobility services involves compliance with complex and ever-changing regulations and laws. Outsourcing providers have extensive knowledge and experience in managing global mobility services, and they stay up-to-date with changing regulations and compliance requirements. By outsourcing, businesses can ensure that their employees comply with relevant regulations and laws and avoid costly mistakes and penalties. Additionally, outsourcing providers can provide risk assessments and help companies to develop risk mitigation strategies.

Increased Access to Technology

Outsourcing global mobility services can also provide businesses with increased access to technology. Managing global mobility services involves using technology, such as software for tracking visa and work permit applications, managing tax compliance, and coordinating relocation services. Outsourcing providers have access to specialized technology that can improve the efficiency and accuracy of global mobility services. By outsourcing, businesses can access this technology without investing in expensive software or IT infrastructure.

Consistency and Standardization

Outsourcing global mobility services can also provide businesses with consistency and standardization. Managing global mobility services can involve coordinating with multiple departments and stakeholders, including HR, finance, legal, and immigration. This can result in inconsistencies and variations in the quality of services provided. Outsourcing providers can offer a standardized approach to managing global mobility services, ensuring that all employees receive the same level of service and support.

Increased Focus on Business Strategy

Outsourcing global mobility services can allow businesses to focus on their core business strategy. Managing global mobility services can be time-consuming and distract employees from their core responsibilities. Outsourcing allows companies to focus on key functions while leaving non-core tasks to external professionals. This can result in improved strategic focus for the business and more competitiveness in the marketplace.

Improved Reporting and Analytics

Outsourcing global mobility services can also provide businesses with improved reporting and analytics. Managing global mobility services involves collecting and analyzing data related to immigration, tax, and legal compliance, as well as relocation and other related services. Outsourcing providers have access to specialized technology and expertise that can improve the accuracy and relevance of this data. By outsourcing, businesses can access more robust reporting and analytics, which can provide valuable insights into the effectiveness of their global mobility program.

The bottom line

Outsourcing global mobility services can provide businesses access to specialized expertise, cost savings, improved efficiency, flexibility, agility, and employee experience. Outsourcing allows companies to focus on core competencies while leaving non-core functions to external experts. Suppose you are considering outsourcing global mobility services. In that case, choosing a reputable and experienced provider who can provide the support and guidance you need to manage your global mobility program effectively is important.