As Brexit and the impending withdrawal of the United Kingdom from the European Union continues to be a major topic of discussion in the news, Mark Woelfel, CapRelo's Vice President of Global Development in our UK office, explains how it affects CapRelo's global mobility efforts:
While the negotiations of Brexit continue between Westminster and Brussels, we've continued to see the same trends over the past year in relation to its impact into the mobility space. There is a general reluctance towards making long-term talent acquisition strategies until there is more clarity around the terms of the deal, and a reduction by many multinational corporations to make long-term assignments around and into Europe. Since the announcement of Brexit, many countries in the EU (including the UK) have seen a tightening of immigration requirements—not so much in overall policies, but in the application of the regulations—more intense scrutiny of documentation, revisiting of immigration caps and schemes and a generally slower service in processing of individual immigration applications.
Savvy leaders in the mobility space continue to make exhaustive scenario planning around the possible outcomes and have been increasing the use of business travelers and short-term assignments to meet their immediate business objectives. In the UK in particular, we've seen reviews of UK Domestic programs, evaluating their fitness in light of not just changing legislation (such as new GDPR requirements), but for scalability as companies consider the need to utilize more local and regional talent to fill their open positions.
We remain in a "hope for the best and plan for the worst" environment, and CapRelo is assisting many companies in preparing for a variety of eventualities.