Press release
23 Apr 2024  | London, GB

Three in four businesses failing to manage talent mobility effectively, as demand for international work experience soars

Press contact

Related topics

  • EY survey shows 75% of employers do not have fully developed mobility functions vital for meeting modern business and talent demands. 
  • Companies could be neglecting a crucial opportunity to retain key talent – 64% say international assignments would encourage them to consider staying in current job.
  • 71% of firms say mobility risks and scope have increased over past two years, but many don’t have policies in place to manage them.

Companies around the world could be at risk of losing out in the race for talent and driving business resilience because they are failing to mobilize their workforce effectively and create opportunities for flexible work experiences, according to the EY 2024 Mobility Reimagined Survey.

The survey canvassed the views of 1,059 mobility professionals across 21 countries on the benefits and challenges organizations can face when developing and building mobility strategies and functions.

It found that only one in four employers surveyed (25%) have a fully developed mobility function, with three-quarters (75%) failing to take advantage of a truly mobile and agile workforce.

Mobility strategy now central to talent attraction and retention

This is despite the fact that almost two-thirds (64%) of employee respondents around the world say they’re more likely to stay with their current employer after a long-term cross-border assignment, while (92%) believe such experiences can be “life-changing” and 89% say international mobility is essential for business continuity and resilience, edging up from 74% last year.

Gerard Osei-Bonsu, EY Global People Advisory Services Tax Leader, says:

“From economic volatility and geopolitical crises to talent shortages and rapidly changing employee demands, companies are having to navigate an unprecedented number of complex challenges.

“If organizations want to survive and thrive in this new working environment, they need to attract and retain top talent. Having an effective international mobility function and program in place is critical to creating a dynamic and empowered workforce.”

Organizations ill-prepared to deal with cross-border risks

Despite the significant benefits that mobility programs bring to companies, many are facing a growing number of risks and challenges when establishing international mobility functions.  Seven in ten respondents (71%) say cross-border mobility risks – including tax/regulatory and data privacy risks – have increased over the last two years, mostly due to the pandemic and ongoing geopolitical and economic challenges, which saw employees move around the world and work in separate jurisdictions, heightening corporate exposure to tax, regulatory issues and diverse employment laws.

Worryingly, many organizations are not fully prepared to manage all the risks they face. For example, while 84% of employer respondents recognize data privacy risks from hybrid mobility arrangements, just 55% have policies in place to mitigate them — a moderate improvement from last year’s 47%. Similarly, although 87% of employer respondents are aware of cybersecurity risks, just 46% have policies to address them – down from 51% last year.

In addition, 46% of companies responding use a centralized mobility operating model, which is often siloed from the rest of the business, creating a raft of communication, collaboration, and technology-related challenges.

Successful organizations accelerate mobility with five key drivers

Nevertheless, many companies are taking action where it is needed. More than eight in 10 employer respondents (82%) have developed a policy or approach for hybrid mobility, up from 76% in 2023.

There is also clear recognition that mobility is growing in importance. Eight in 10 employer respondents (80%) say they plan to increase investment in mobility technology over the next five years, up from 67% in 2023. Two-thirds (66%) of respondents believe the scope of the mobility function will grow over the next three years.  

The survey identifies five key drivers that are crucial to the development of a successful mobility function:

  1. Strategic alignment: Organizations should align their mobility strategy to broader organizational strategy.
  2. Talent linkage: An organization’s mobility strategy should be used for talent acquisition and development.
  3. Digital focus: Organizations should have investment and maturity in the automation and digitization of mobility processes.
  4. Flexibility: Organizations should be embedding flexibility in the selection of program benefits.
  5. External expertise: Organizations should be co-sourcing or outsourcing selected mobility processes for greater efficiency.

Maureen Flood, EY Global Mobility Reimagined Leader, says:

“It’s clear that businesses do understand the value of international mobility, not least for the impact it can have on the workforce and wider business resilience. With robust polices in place to address risks, the right level of investment, and by ensuring that the function isn’t siloed, mobility can propel businesses forward and help them face the many challenges that the future surely holds. When organizations adopt an evolved mobility approach, they reap much greater rewards.”

-ends-

About EY

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About the survey

The EY 2024 Mobility Reimagined Survey was conducted in January 2024 and received responses from 1,059 employees and employers from 21 countries. 

To take a, CPE accredited, deeper dive into the survey results, please visit and register here: Welcome - EY 2024 Mobility Reimagined Conference (cvent.com)

Related news

EY launches OpsChain Contract Manager solution to support secure private business agreements on public Ethereum

LONDON, April 17, 2024 – The EY organization today announces the launch of EY OpsChain Contract Manager (OCM), a transformative blockchain-enabled solution for contract management. EY OCM helps enterprises to execute complex business agreements, supporting confidentiality, helping improve time efficiency, and achieving cost reduction, with automatic adherence to the agreed terms.

17 Apr 2024 Barbara Dimajo

EY and Saïd Business School study reveals that leaders prioritizing a human-centered approach to transformation turning points are up to 12x more successful

LONDON,16 April 2024. The EY organization’s latest research with Saïd Business School, at the University of Oxford, reveals new insights into what happens when a transformation program’s leadership believes a transformation has or will go off-course and intervenes with the intent of improving its performance (turning points).

16 Apr 2024 Renny Popoola

Extreme E and EY publish Season 3 report, recording 8.2% carbon footprint reduction as female-male performance gap continues to narrow

LONDON, 9 APRIL 2024. Extreme E has published its third Sustainability Report, compiled, and produced in collaboration with EY. Continuing to race the series’ ODYSSEY 21 off-road electric vehicles and leveraging solar and green hydrogen energy, the report reveals that the racing series maintained its carbon-neutral status and reduced its overall carbon footprint by 8.2%.

09 Apr 2024 Michael Curtis

Major shift in global IPO market share from the past five years

London, 28 March 2024. The year kicked off on a cautiously optimistic note, marked by a selective thaw following a quieter period. The Americas and EMEIA IPO markets had a bright start in 2024, increasing global proceeds. However, the Asia-Pacific region started on a weak note, weighing down the overall global volume.

28 Mar 2024 Lauren Mosery

EY announces 18 women entrepreneurs selected for the EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 

HONG KONG, 27 MARCH 2024 — The EY organization today announces the details of 18 female entrepreneurs selected for the EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 ⁠— a bespoke executive program that identifies and champions a select group of high-potential entrepreneurs who have built profitable companies and provides them with connections and resources needed to unlock their potential and sustainably scale their companies.

27 Mar 2024 Lauren Mosery

EY announces acceleration of client AI Business Model adoption with NVIDIA AI

LONDON, 20 March 2024. The EY organization today announces Ernst & Young LLP (EY US) will help clients implement and accelerate their artificial intelligence (AI) journeys using NVIDIA’s industry-leading technology and solutions.

20 Mar 2024 Barbara Dimajo