Gig Talent Goes Global October 30, :00 AM ET (-4 GMT)

Transcription

1 Gig Talent Goes Global October 30, :00 AM ET (-4 GMT) Our thanks to today s sponsor: 2018 Worldwide ERC

2 Why Mobility Should Care and Steps to Prepare

3 WORLDWIDE ERC WEBINAR DISCLAIMER The views, opinions, and information expressed during this webinar are those of the presenter and are not the views or opinions of Worldwide ERC. Worldwide ERC makes no representation or warranty with respect to the webinar or any information or materials presented therein. Users of webinar materials should not rely upon or construe the information or resource materials contained in this webinar as legal or other professional advice and should not act or fail to act based on the information in these materials without seeking the services of a competent legal or other professional Worldwide ERC 3

4 Webinar Instructions Technical difficulties? Dial , or questions to Sound Troubles? If your sound quality is poor, check your Wi-Fi strength or connect via cable. Call in using the phone number listed under the Event Info tab in the upper left-hand corner. To return to meeting room window: If you are in full screen mode, you may return to the meeting room window by clicking the View Meeting Room button located at the bottom left corner of your screen Worldwide ERC 4

5 Q&A Instructions Submit questions through Q&A dialogue box Box is located in lower right corner of screen Do not use the Chat Box Be specific You may submit your question at any time Q&A Dialogue Box: 2018 Worldwide ERC 5

6 Polling Instructions The Polling Box appears below Q&A Box Question will appear on slide and in the Poll Box Submit answer quickly Results will display in the same location Polling Box: 2018 Worldwide ERC 6

7 CRP and GMS Certification If you are a CRP seeking CE credit for this webinar, you may utilize the CRP credits management portal, available online under My Account. The seminar ID is (All (S)CRPs must apply for credit and submit the $8 processing fee to receive CE credit) If you are a GMS seeking CE credit for this webinar, you must include the name/date of this webinar on your GMS Renewal Application (at the time you apply for recertification) Worldwide ERC 7

8 Why Mobility Should Care and Steps to Prepare

9 Today s Presenters Katherine Reid Talent Mobility Analyst Graebel Worldwide Consulting Services Craig McEvoy Talent Mobility Manager Graebel Worldwide Consulting Services 9

10 Agenda o Who is the Gig Worker? o Research on this emerging workforce o Examples of Gig Worker scenarios o Impact on Global Mobility programs o Practical considerations o Strategies for success 10

11 Let s take a poll Which of these worker profiles best fits the Gig economy workforce population? 1. Highly skilled retiree looking for temporary employment 2. Entry level employee with a bachelor s degree and less than 5 years experience 3. Mid-career employee looking to transition into a full-time position 4. Veteran employee seeking international experience 12 11

12 Background Typical profile of a global Gig worker A universal, consistent definition is elusive Short-term, independent, or freelance workers Usually temporary, or project-based work Attracts highly skilled, experienced professionals including: Consultants Contractors Designers IT Professionals Project Managers 17 18

13 Background Who is taking global Gig jobs? A study by McKinsey Global Institute found that 20-30% of the working population in the U.S. and U.K. (49 million people) is engaged in independent work Generation Z and Millennials make up the largest proportion of this workforce Why? Flexibility is appealing to workers for autonomy and a better work/life balance Organizations gain access to resources and talent for short term projects and/or expertise not always available in-house 23 24

14 How Graebel addressed this issue Conducted a survey of 600 professional global Gig workers across the U.S., the U.K. and Singapore Analyzed the data for comprehensive insights and future trends Assessed the need for organizations to consider risk and compliance Graebel survey results 24

15 2018 Worldwide ERC 25 This document contains proprietary information. Reproduction of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc.

16 This document contains proprietary information. Reproduction of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc. 26

17 This document contains proprietary information. Reproduction of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc. 27

18 This document contains proprietary information. Reproduction of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc. 28

19 This document contains proprietary information. Reproduction of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc. 29

20 This document contains proprietary information. Reproduction of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc. 31

21 This document contains proprietary information. Reproduction of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc. 31

22 Let s take another poll What benefit packages might your organization consider offering to Gig workers? 1. Immigration Assistance only 2. Immigration and Tax Assistance 3. Air Shipment, Temp Housing, Immigration and Tax 4. The full suite of typical benefits offered to other assignees 5. No benefits

23 What does a professional global Gig Worker Look Like? 33

24 SCENARIO 1: Trusted Executive Marketing Leader A leading-edge marketing company in Singapore needs to fill an 8-month role in Hong Kong to deliver a highly innovative marketing solution to a key client. Due to recent organizational changes, this skill set does not exist within their current workforce Irene, a highly skilled retiree, is looking for temporary employment. She retired from this company a year ago as head of Marketing and retains a strong corporate network. Irene owns a home and is married with two dependents She needs some autonomy to return to Singapore on a frequent basis for family reasons 37 38

25 SCENARIO 1: Irene s Benefit Package Tax Reporting/ Compliance Visa/Immigration support Home Leave Assistance to visit family Temporary Living Assistance Per-diem payments for time spent in Singapore Preservation/Portability of existing home country benefits e.g. pension, social security Health insurance while in Singapore 38

26 SCENARIO 2: Expert IT Implementation Resource An ecommerce organization in Australia needs to fill a 12-month role for a large scale IT implementation in New Zealand. 50 positions need to be filled rapidly to meet the company s internal deadlines and there are not enough internal resources available Andrew, a recent graduate with a degree in Software Engineering, is looking for a temporary overseas position. He wants to broaden his skills globally across multiple organizations. Andrew is a renter and is single without children He is flexible on the location of his position and does not need to return to Australia in the near future 2018 Worldwide ERC 42

27 SCENARIO 2: Possible Benefit Packages for Andrew PACKAGE 1 PACKAGE 2 Tax Reporting/Compliance Home leave trip after six months One time Lump Sum payment Cash payment for Australian superannuation contributions Support to move some of his goods to New Zealand One-way flight from Australia to New Zealand Employment contract offered after Andrew arrives in New Zealand on his own Tax briefing only NO OTHER BENEFITS PROVIDED 43

28 Key Impacts on Global Mobility Immigration & Tax Risk and Compliance Cost and Retention Employment Laws and Regulations Benefits and Medical 44

29 What does this mean for your Global Mobility Team? 45

30 Practical Considerations How do you identify the right people to invest in? Can you balance the value of this temporary workforce vs. the potential costs? Can your company s culture avoid developing an Us vs. Them mindset? How do you train and develop talent with a temporary workforce? Does the host country s immigration rules allow gig workers? Are you trying to find a solution to a problem that doesn t exist? 51

31 Creating Strategies for Success 52

32 Engagement and Integration Career Management Flexible Mobility Offerings Tracking and Ownership 56

33 Connect with Us! Katherine Reid Talent Mobility Analyst Graebel Worldwide Consulting Services E: Craig McEvoy Talent Mobility Manager Graebel Worldwide Consulting Services E:

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35 Thank you for attending! 2018 Worldwide ERC Visit the Worldwide ERC web site at or contact Worldwide ERC for more information on these topics