WHY COMPANIES ARE NOW LOOKING AT LOCAL CONTRACTS TO FILL MOST JOBS?
To save money, expats packages are prohibitive
Because companies must have a deep understanding of how to market and sell in each market/country. Companies must deliver localized products at the right price and with the right branding/marketing/sales strategies to customer markets all over the world. And to do that they need local nationals with “street savvy”.
The continual revolving door of expats leads to a perceived lack of advancement by locals.
So, is it the end of the traditional expats?
YES, the game has changed.