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Worldwide Medical Insurance News: Expat jobs 'set to increase'

Expatriate health insurance policyholders are set to find a wide range of employment opportunities worldwide, as research shows international companies are expecting to focus on their expat executives in the coming years.

A report from the Economist Intelligence Unit (EUI) revealed that businesses are planning to expand into emerging markets, such as China and India, and to do so, two-fifths (39 per cent) of firms expect to increase their expatriate staff over the next five years.

Asian countries featured highly on the most common destinations for companies to send their expatriate medical insurance policyholder staff, as did the Middle East, Russia and Eastern Europe.

Mark Dixon, chief executive of Regus, the company which carried out the research, commented: "This survey shows that globalisation is forcing companies to review their approach to where they locate their operations and how they manage human resources and property."

Of the expatriate employees surveyed, three-fifths believe that their corporation does not sufficiently understand the local business environment, which suggests firms wanting to break into new markets should do significant amounts of research before deploying staff.

Additionally, four in five executives expressed belief that becoming an expatriate member of staff aids career progression.

Moving abroad? Get a free quote for your international medical insurance online.
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