Why a Destination Service Provider?
A McKinsey study found that 25 percent of all international assignments end prematurely with failure rates among U.S. expatriates particularly high.
A recent study co-authored by Willamette University and Cendant Mobility found nearly 60 percent of the 548 surveyed "globally mobile" employees complained that lack of career opportunities for spouses and partners diminished their overall quality of life.
"A Director Magazine article reported, "among executives who fail overseas, most do so because of stresses on the family."
A Bureau of Labor Statistics study found: "At least 70 percent of relocation turndowns are due to family issues."
When a company transfers a key executive to another country or to another city, the transferee, the spouse and the children need reliable, expert support to get off to a good start and feel at home in their new setting.
Consider the cost of a failed transfer, not only the monetary cost to your corporation but the transferee's reduction in productivity due to poor morale. Compare that with the cost of engaging with the top destination services provider, Place2Place, to ensure success.
At Place2Place, we are dedicated to creating successful domestic and international relocations with enhanced productivity for transferees and spouses.