Page 33 - INTERNATIONAL SOS PR REPORT MAY 2024

5/7/24, 9:01 AM Failed international assignments can cost organisations up to $1.25mln, reports International SOS
UAE: International SOS, the world's leading health and security services company, has
released findings and invaluable insights into the financial impact that failed business trips

and international assignments can have on organisations, emphasising the need for

effective strategies and best practices.

The findings, backed by the company’s Return on Investment report created in

collaboration with Ipsos and KPMG, indicate that the cost of an unsuccessful international

assignment can amount to USD 1.25 million. Failed assignments can be caused by a
number of reasons, including neglecting the health, safety, security, and well-being of an

organisation’s mobile workforce.

Commenting on the figure, and the importance of preventative strategies, Katherine Avery,

Tax Principal at KPMG, stated: “With the impact to the business of a failed international

assignment potentially being detrimental, striking a balance between managing cost and
employee experience is vital for the success of any assignment. Engaging with the

internal global mobility team early in the planning stages can be highly beneficial, as their
expertise with the mobility policy and understanding of the organisation, can help to

ensure an optimal employee experience while also effectively managing cost and

compliance.”

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