Page 45 - INTERNATIONAL SOS PR REPORT MAY 2024

5/7/24, 9:02 AM PRESSR: Failed international assignments can cost organisations up to $1.25mln, reports International SOS — TradingView News
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.”

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,

commented: “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

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