Page 6 - Turkinsurance Digital Magazine

6 at a glance

Aon: Rising prices and talent shortages continue to be key issues for employee
mobility in international companies

(ESG) policies, sector-specific needs, (combining business and leisure travel)
and emerging roles. and “workcation” (short-term work
from a remote location) as new forms
In the report published in 2023, inflation of global employee mobility is also
and rising prices were ranked second, creating a set of new challenges for
with 51% of participants identifying companies. With 62% of companies
them as the most important factor this allowing short-term remote work, it
year. The prominence of inflation and is expected that clearly distinguishing
price increases also reflects widespread between business and personal time
economic concerns affecting both in global travel policies and ensuring
consumers and businesses. sufficient coverage in business travel
insurance will become a significant
Despite falling to second place in priority for employers.
2024, the talent gap continues to be
an important priority affecting global In her assessment of the report,
employee mobility. Approximately half Selda Oknas Tanbay, Co-CEO of Aon
of the participants (49%) indicate that Turkey, stated, “Employee mobility
the talent gap impacts their strategies in international companies is starting
According to Aon’s International as they strive to create a flexible to gain renewed importance on the
Employee Mobility Report, inflation workforce. agenda of the HR world. As policies
and rising prices, along with talent and practices related to this mobility
shortages, have become two key About a quarter of the participants undergo fundamental changes, new
factors affecting employee mobility in (22%) note that political instability and risks are also emerging. Political
international companies. its resulting consequences affect global instability, compliance requirements,
employee mobility, up from 16% in and new regulations, along with
Aon, one of the world’s leading firms 2023. Diversity and inclusion have also increasing awareness of diversity and
providing professional services in become another significant factor for inclusion, as well as the complexities
Risk Capital and Human Capital, has employees who are beginning to review introduced by remote work, are driving
published its annual International their benefits, ranking fourth at 18%. employers to take new steps. Our study
Employee Mobility Report, which Employees expect the benefits offered allows employers to see how rapidly
highlights the changing nature of human to support diversity, equity, inclusion, the dynamics of the global workforce
mobility in 37 countries, 82% of which and belonging strategies. are changing and that they need to
are located in the EMEA region. take action to adapt to these changes.
The report also highlights the impact Fundamental challenges such as
The report indicates that inflation of increasing compliance burdens on inflation and the talent gap emerge as
and rising prices, along with talent international employee mobility. As significant factors shaping workforce
shortages, are prominent factors countries’ specific rules regarding travel mobility in both the short and long
influencing employee mobility in and work become increasingly complex, term. It is critical for companies to
international companies. According to companies are also making more reassess their international employee
the report, business travel is gradually ambitious plans related to international mobility strategies and develop more
returning to pre-pandemic levels and employee mobility to address the talent flexible policies to mitigate the effects
even beginning to surpass them. The gap. These two situations indicate of changing economic conditions
policies and practices supporting this that this issue will gain much more and the talent gap. At Aon, we are
mobility are undergoing fundamental importance in the future. also committed to anticipating these
changes due to political instability, challenges and providing our clients
environmental, social, and governance The rise of terms like “bleisure” with the most effective solutions.”