TECH TRENDS
Navigate stricter compliance
A robust immigration and mobility programme enables businesses to effectively navigate complex global regulations and reduces the risk of costly penalties and legal complications . As technology reshapes immigration , heightened compliance requirements are significantly impacting employers and employees . This enhanced compliance culture demands a tightly regulated approach and increased employer accountability and a holistic approach to adherence . Keeping abreast of evolving laws and policies and proactively implementing compliance measures and safeguards protects financial interests , maintains corporate integrity and allows for Business Continuity . Companies should conduct regular compliance audits , health checks and stress tests to ensure they are adhering to statutory requirements , including those related to localisation .
Attract and retain talent
The shift towards remote and hybrid work models has profoundly impacted global talent attraction . Access to a highly skilled talent pool is crucial as talent shortages are expected to result in 85 million job vacancies and US $ 8.5 trillion in lost revenue by 2030 . Countries with flexible immigration regimes , reliable technological infrastructure and efficient visa systems are becoming preferred destinations for highly skilled talent . According to Fragomen ’ s www . intelligentcxo . com
23