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5/7/24, 9:01 AM The True Cost of a Failed International Assignment: USD1.25 million – Highlighted in International SOS’ New Report
Commenting on the figure, and the importance of preventative strategies,
Katherine Avery, Tax Principal at KPMG, states, "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."
Last year, International SOS proactively disseminated approximately 102
million medical and security alerts and special advisories to mobile workers
and those responsible for safeguarding their wellbeing. The Return on
Investment report highlights the importance of this work, especially in light
of KPMG’s estimate of the cost of a failed assignment.
Dr Neil Nerwich, Group Medical Director at International SOS, comments:
"The key points with respect to cost containment are proactivity, in both, the
prevention of medical incidents through appropriate preparation and
education of employees before deployment and travel. The interventions
we take very early on in the course of a medical event have a significant
impact on the ultimate medical outcome of a patient. At International SOS,
early intervention is at the core of our approach, which starts before an
individual travels or is assigned overseas. When we are highly proactive,
we are not only significantly benefiting medical outcomes, but also
mitigating our clients’ business disruption. By addressing illnesses or
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