The Global Phoenix - Issue 4 The Global Phoenix - Issue 4 | Page 16

Design a Mobility Program that Packs More Punch 5 global mobility strategies that will enhance talent management effectiveness Chris Pardo, Plus Relocation Pay matters. But, for most organisations, it’s not the top factor that wins and keeps talent. Attracting and retaining talent is much more about the total experience the company offers the employee, and competitive compensation is just a piece of that experience. Glassdoor’s chief economist, Andrew Chamberlain, offers key insight into the corporate proposition to employees: “One of the most striking results we’ve found is that, across all income levels, the top predictor of workplace satisfaction is not pay: It is the culture and values of the organisation, followed closely by the quality of senior leadership and the career opportunities at the company. Among the six workplace factors we examined, compensation and benefits were consistently rated among the least important factors of workplace happiness.” So, you’re off to a good start if you didn’t scare your candidates away in the recruitment process, or assign new employees to a manager whose style hinders motivation or engagement. If your company culture is attractive and supportive, and your overall benefit package is competitive, then it’s time to take it to the next level and explore how your mobility program can further contribute to an effective talent management agenda. Page 16 www.theglobalphoenix.org