ExpatRide International’s report, “Driving Sustainability: The Case for Eco-Friendly Assignment in Global Mobility,” delves into the environmental impact of corporate relocation beyond the logistical process of moving.
Welcome to the latest issue of Mobility Minute, a newsletter created by WERC. Every week, this newsletter will land in your inbox to keep you up to date on news from and about the talent mobility industry.
Here’s a quick glimpse of what you’ll find in this week’s issue:
Fueling Eco-Conscious Global Mobility
A Closer Look at DEI Efforts Around the World
FinCEN Issues Final Rule on Real Estate Transaction Reporting
The Benefits of a Multicultural Team
GWS Spotlight: AI and Data Analytics
Fueling Eco-Conscious Global Mobility
ExpatRide International’s report, “Driving Sustainability: The Case for Eco-Friendly Assignment in Global Mobility,” delves into the environmental impact of corporate relocation beyond the logistical process of moving. Learn how the industry can make strides to reduce its carbon footprint and move toward a more sustainable future.
Diversity, equity, and inclusion (DEI) efforts in the United States can dominate media coverage at times. But the truth is, DEI is a global issue. This article offers a brief snapshot of current efforts, survey insights, and programs around the world.
FinCEN Issues Final Rule on Real Estate Transaction Reporting
On 29 August, the Financial Crimes Enforcement Network (FinCEN) published in the Federal Register its final rule on “Anti-Money Laundering Regulations for Residential Real Estate Transfers.”
Multicultural teams are a powerful asset in the world of talent mobility, driving innovation through diverse perspectives. But with those benefits come challenges. Leaders need sharp cultural intelligence, and clear communication is essential for success. How does today’s workforce tackle these complexities head-on?
WERC’s Global Workforce Symposium (GWS) is the preeminent and largest event for talent mobility professionals seeking connections and expert knowledge focused on domestic and international relocation, immigration policies, tax issues, cutting-edge technology trends, hot topics, and much more.
GWS focuses on innovative education across a number of global talent mobility issues, like AI and data analytics. See below for sessions focusing on this category:
Transforming Global Mobility: 10 Ways to Use AI/GPT to Become a Better Mobility Leader Today
The union representing 45,000 U.S. dockworkers at East and Gulf Coast ports has temporarily suspended its strike until 15 January, following a tentative agreement on wage increases. This deal, encouraged by the Biden administration to prevent further supply chain disruption and support Hurricane Helene recovery efforts, allows dockworkers to continue under their previous contract as negotiations proceed. — The Associated Press
Spain’s hospitality industry has sharply criticized new government regulations requiring tourist accommodations to provide more detailed guest information to authorities, despite a two-month delay in implementation until December. Industry representatives argue that the law imposes excessive administrative burdens, lacks clarity, and could conflict with EU data protection laws. — SUR in English
French Prime Minister Michel Barnier has opened the door to reversing some of President Emmanuel Macron’s tax cuts on businesses and the wealthy in an effort to fix the country’s widening budget deficit. Among the avenues being explored are increasing the flat tax to as much as 35% and a temporary tax on “superprofits” earned by corporations. — The New York Times
There were 646,800 vacant homes across the 23 wards of central Tokyo last year, the highest number ever recorded in data going back to 1958, according to a survey from the Interior Ministry. The survey, taken every five years, put the percentage of vacancies in central Tokyo at 10.9%, up from 10.4% in 2018. — Nikkei Asia
Applications to refinance mortgages in the United States jumped for a second week as more homeowners capitalized on the cheapest borrowing costs in two years. The Mortgage Bankers Association’s refinancing index increased 20.3% in the week ended 20 September to the highest level since April 2022, as the contract rate on a 30-year fixed mortgage eased two basis points to 6.13%, the eighth straight weekly drop and the longest stretch of declines since 2018-2019. — Bloomberg
A survey of 2,585 Amazon employees on anonymous job review site Blind found that 73% of respondents said they are considering looking for a new job following CEO Andy Jassy’s recent memo announcing a full-time return-to-office. A separate survey from Glassdoor found that 74% of Amazon workers are “rethinking” the future of their careers. — CNBC
