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Set expats up for success

The majority of expatriates are executives who take foreign assignments at their employers’ request. They’re generally well compensated in exchange for temporarily pulling up stakes. But money isn’t enough. Employers shouldn’t underestimate the adjustment involved in relocating. To improve the odds of a successful posting, companies must assist expats before, during and after the transition. The investment is worthwhile: expats return home with a more international mindset and stronger cross-cultural skills—crucial traits in today’s globalized economy.

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Article by Rensia Melles, manager of global solutions with Morneau Shepell.