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Millennials and the workforce

The millennials represent an ever growing part of the workforce. The conventional wisdom is that the new generation of assignees will foster greater global mobility and will allow companies to relocate employees more easily and at a lower cost than in the old days of the expensive and demanding traditional expatriates. The most common adjectives to describe the millennials are mobile, tech-savvy, and flexible. This seems to herald a new golden age of global mobility that would reconcile the aspirations of employees and the business imperatives of companies. Alas, the reality is more complex and the disconnection between HR practices and the millennials’ expectations can be significant at several levels.

Chart of what motivates millennials to take foreign assignments

Source: Mercer’s spot survey on millennials, June 2017

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