Frustrated by a lack of career paths, 15 percent of employees returning from overseas assignments quit within 12 months of returning home.
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Restless Repats: Many expatriate workers experience “career wobble” during the
first year after returning to their home country, when the chances of losing
them are greatest. On average, 15 percent of international assignees resign
within 12 months of completing their overseas assignment, according to a report
by PricewaterhouseCoopers and the Cranfield School of Management in England.
What’s worse, these people often are among an organization’s highest performers.
The fault apparently lies with human resources managers who “fail to devise a
career path” to retain repatriated employees, according to the report. The study also finds
that “each international assignment costs companies an average of $311,000 per
year.”
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