Expatriate is the term used for employees transferred to foreign countries by the company solely for work-related purposes. It can be for a temporary period or a long-term job assignment. The ex-pat employee is assigned to handle the overseas business of the organization, and manage a new branch setup or gain experience.
Here is an example for your better understanding :
No, the companies operating, dealing, or working only in a single country do not need an expatriate program. Organizations with no relation to foreign countries do not need to send employees out of the country. Although, this can change only if the company expands and sets up branches in foreign countries.
It can be beneficial for organizations when they plan and manage the expatriate program effectively. The benefits are:
The criteria for choosing the ex-pat employee may differ as per the organization. Here are some of the factors to keep in mind while selecting the ex-pat employee:
Yes, the ex-pat employees are given special allowances related to housing, travel, automobile, child education, and other miscellaneous benefits.
Let your HR and workforce focus on most important business decisions while factoHR can reduce the burden of daily activities of the organization.