business on the move: labor mobility as a business and economic imperative
TRANSCRIPT
Business On The Move:
Labor mobility as a business and economic imperative
With You Today
Ellen G. YostPartner
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Labor mobility is critical for growth
Human capital
Demographics
Emer
ging e
cono
mies
“The unfinished business of globalization”
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Business on the Move
Cumbersome processes
Lack of Certainty
Differing Criteria
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Barriers to mobility
Rec
ruitm
ent
Lead
tim
e
Efficie
ncy
Certainty
Employment
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Recruitment
• Quota/ ratio requirements
• Labor market testing
• Specified occupations and definitions
• Separate work authorization pathways for intracompany transfers and local hires.
• Separate work authorization pathways for employees with specialized knowledge.
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Efficiency
• Visa application fees
• Online lodgement
• Overseas qualifications and work experience recognition
• Volume of documentation required
• Documentation requirements
• Additional procedures pre or post-arrival
• Registration
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Certainty
• Rules – publicly available
• Rules – frequency of change
• Discretionary decision-making
• Refusal rate
• Third party influence
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Employment Status
• Minimum salary
• Direct employment
• Family members and their status
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Lead Time
• Lead time
• Work prior to work authorization
• Expedited pathways for intra-corporate transfers
• Expedited/ simplified arrival processes
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Needed Reforms
Transparency• Online information• Stable rules• Consistent outcomes
Efficiency• Online lodgement• Low documentation• Quick turnaround• Reward Trusted Sponsors
Consistency
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Employers can help
Good Policy
Employers
GovernmentWorkers
Constituents
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Ellen G. Yost Partner
7 Hanover Square New York, NY 10004-2756 United States of [email protected]+1 212 230 2874