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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
injuries promptly with International SOS medical professionals involved
from the first contact, we can identify and mitigate potential issues that
might escalate into catastrophic events."
The Return on Investment report also examines the cost-effectiveness of
travel risk prevention strategies. Data from the report shows that preventive
health check programmes can yield a significant return, with every USD
1.00 invested potentially resulting in a USD 2.53 return. Furthermore, it is
reported 72% of HR specialists reported a positive impact on employee
wellbeing and resilience when partnering with third-party specialist
organisations. This improvement is attributed to the increased access to
mental health support programmes and resources.
NOTES TO EDITORS
The Return on Investment report was developed in conjunction with KPMG
between June and September 2023 by Ipsos, the market leading research
firm, on behalf of International SOS. The research involved surveying
senior decision makers responsible for risk management, health, safety
and/or security of people from 255 International SOS clients across the
world.
To determine the potential financial risk of a failed international assignment,
KPMG analysed representative long-term assignment data to estimate the
cost to an organisation in four key areas: Compensation, Relocation Costs,
Ongoing Assignment Support, and Taxes. Using this data, KPMG
calculated an average yearly cost for these respective categories and
extrapolated these figures over the average length of a long-term
assignment.
About the International SOS Group of Companies
The International SOS Group of Companies is in the business of saving
lives and protecting your global workforce from health and security threats.
Wherever you are, we deliver customised health, security risk management
and wellbeing solutions to fuel your growth and productivity. In the event of
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