Challenges for Expatriates Returning: Measures and Approaches for a Successful Reintegration of Employees in Financial Organizations
LAW AND ECONOMICS YEARLY REVIEW JOURNAL, Queen Mary University, London, UK, vol. 5, part 1, pp. 125-150, ISSN 2050-9014
31 Pages Posted: 14 Sep 2016
Date Written: July 2016
The international mobility and the overseas assignment of employees as part of global operations are growing of importance for financial organizations. However, these organizational aspects can also bear risks for both the employee and the companies. They may cause problems that affect the performance, motivation, satisfaction and retention of employees in the organization, especially upon their return. Results from several global surveys confirm the existence of problems following the employees’ return and highlight where action is still required. This article investigates the sources of such risks and provides a discussion about how enterprises can reintegrate their employees successfully. There is a specific focus on managerial measures, which can help financial organizations to prevent potential risks on the return of their employees. Furthermore, it emphasizes on which methods in particular can be useful in order to achieve a smooth reintegration of employees.
Keywords: business organization, human resources management, finance, expatriates, international companies, economic globalization, banks
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