STAFF MORE LIKELY TO LEAVE AFTER OVERSEAS POSTINGS
Managers
coming back from exciting foreign postings are three times as likely to quit their jobs within the first year of their return, according to research.
Employers sending executives on international assignments, as a result, often lost talented staff and failed to capitalise on their investment, said the study by consultants PwC and the Cranfield School of Management.
Some 15 per cent of expatriate workers, on average, resigned within 12 months of returning home. In some cases, losses could be up to 40 per cent, compared with normal staff turnover of about 3-5 per cent.
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George Yeandle, a PwC, partner, said: “One of the worst pieces of news a human resources manager can get is that a high performing, newly returned employee is leaving. But this is worryingly common.
“People who have spent two years working in different ways across varied markets and cultures are not always happy to return to the same desk and the same prospects. In this vacuum of direction, many have a career ‘wobble' then leave via a recruitment market in which their experience is seen as increasingly valuable.”
Michael Dickmann of Cranfield School of Management said employers risked losing expatriate staff because they failed to devise proper career paths for them when they returned.
He said: “Much more time and effort must be put into preparing for an employee's return
