Beruflich Dokumente
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xpatriate
By Niyati Mavadia
MBA sem 3
Subject International Business
Expatriate
• Meaning
• An expatriate is an employee sent by his or her emp
loyer to work in a foreign country.
• Many corporations are sending expatriates to their
overseas operations.
• In business terms, expatriates are employees send t
o work abroad for long periods of time. This may in
clude employees sent to populate a new office or s
enior managers sent abroad to manage or set up a
new location.
Benefits and services
• Expatriates often congregate in expat communities, w
hich are self-contained groups that meet, socialise and
live in either a formal or informal environment.
• Expatriate employees often receive additional benefits
, such as cost of living and hardship allowances as well
as housing or education.
• In some cases the company will pay for the education
of the expat's children. Most companies do not pay for
loss of earnings for the employee's spouse but may hel
p them access jobs and benefits in the new local area.
Importance of Expatriates
• Improve Local Market Knowledge
• Instill Company Culture
• Transfer Knowledge
• Develop Management Talent
• Changing Role
Expats on Assignment