Posted: 27/07/2017 Author: Santa Fe Relocation

Worldwide ERC held their global APAC summit in relation to the impact of immigration changes, the future of global mobility and talent pooling earlier in the year. There are a number of trends and changes likely to hit the global mobility sector due to recent political and economic developments in a number of APAC areas, with a current focus on Singapore and Shanghai, and here we're taking a closer look at the area's developing trends.

Singapore & Shanghai Global Mobility

Throughout the summit, the discussions were revolved around two-folds: the opportunities to attract foreign talent that supports country growth in the realm of knowledge and technology, and also the idea to limit the admission of general foreign workers. The latter is a focus in order to help protect the local labour force in a number of areas including Beijing, Shenzhen and Guangzhou. The idea is to attract top-talent foreign nationals as opposed to general workers, and this is one of the things that is likely to push the country further. In order for this to apply and work effectively, Chinese businesses may need to further customise and develop their global mobility programmes, while continuing to collaborate with service providers to attract the top talent.

Changing Workforce

Within the summit, the Asia Pacific leader of global employer services at Deloitte Tax believes that up to 53% of the jobs available today will be gone in ten years' time, and that by 2025 in the UK, around 11 million jobs will be lost - meaning an increase in new skills will be needed. Changing workforces is important, and with elements of robotics, AI and other computing aspects in the works it is highly likely that workforces will need to change even further. Around 70% of employers believe that their current workforce talent is going to need to adopt in order to see more of a blend of 'on-demand' employees, as a result of a rising gig economy. With technology likely to have more of an input in the workplace than ever before, there will be more of a rise of 'human' jobs which incorporate skills like listening, feelings, time management and social perception.

Immense Changes In Global Mobility

There are a number of changes ready to hit the global mobility industry, but one of the most important and pressing is the changing talent pools that employers are likely to see and hire from. There are a huge number of nationalistic tendencies, and with the opportunity to connect and drive some of the biggest company's futures and economic industries beginning to change dramatically, global mobility is likely to broaden even further. With areas like Singapore and Shanghai likely to make more of an impact on the global mobility sector, we are likely to see more of an integration of workforces around the world.

If you're interested in learning more about the future of global mobility, and how current social, political and economic factors are likely to impact your business' global mobility efforts, then get in touch with a member of our expert team today.

Santa Fe Group A/S published this content on 27 July 2017 and is solely responsible for the information contained herein.
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