The Evolution of the ExpatInside TrackSteve Martin – Sales Manager ENA - Bupa International31st May 2012

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Agenda

1. Early expatriates

2. The modern day expatriate

3. Expatriate statistics

4. Summary

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What is an expatriate?

• Definition

“Someone who does not live in their native country”

• Origin

Latin “ex” = away from “patria” = native country

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Early expatriates

Traditional view•Raiders•Looters•Pillagers

Modern view•Settlers•Traders SilverSilksLifestyle

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The Victorian expatriate

• Military or diplomatic background

• Long-term postings

• Single country assignments

• Imposing culture

• Male dominated

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The modern day expatriate

• Highly skilled

• Knowledgeable

• Expert in their field

• Geographically mobile

• Winner

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Expatriate statistics

• 200 million expatriates• 400,000 Brits emigrate each year• Majority of expatriates originate from USA (5.2m), Great

Britain (3m)• Most popular expat destinations United States, China and

Great Britain• Most challenging destinations are China, India, Russia and

Brazil• 50% are board level employees• 28% work in companies with annual global revenues over

$10bn

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The modern day expatriate profile

• Valued employee

• Highly educated

• Specialist

• First world origin??

• Increased female assignees

• Geographically mobile

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Key expatriate sectors

• Oil & Gas• Financial services• Manufacturing• Professional services• Maritime• Travel

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Why have expatriates

Employee

•Interesting challenge•International experience•Opportunity for Development•Career advancement

Employer

•Fill skills gap•Transfer knowledge•Career development • Develop global

competencies

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Supporting expatriates

• “Soft support”•Family•Culture•Training

◦ Language

◦ Professional •Performance management

• “Hard support”•Relocation•Visa documentation•Financial

◦ Taxation

◦ Banking•Benefits administration

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The importance of medical insurance

20

1 5 9

18

5

2423

21

20

3135

41

75

3932

0%

25%

50%

75%

100%

UK UAE Singapore Hong Kong

Veryimportant

Fairlyimportant

Not veryimportant

Not at allimportant

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To wrap up……

• A very different expatriate environment• Complex integration issues• A need for increased support

• We all want expatriate assignments to be more successful

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Thank you. Any questions?