Global Multinationals and Corporate Transferees: A Worldwide Review
© Finaccord, 2017 Web: www.finaccord.com. E-mail: [email protected] 1
Global Multinationals and
Corporate Transferees:A Worldwide Review
Report Prospectus
October 2017
Global Multinationals and Corporate Transferees: A Worldwide Review
© Finaccord, 2017 Web: www.finaccord.com. E-mail: [email protected] 2
Prospectus contents
What is the research?
What is the rationale?
How are multinationals defined?
How are corporate transferees defined?
What is the report structure?
What are the key features of the research?
How can the research be used?
How can the MultinationalBASE™ be used?
Who can use the research?
What are some of the key findings?
What is the cost and format?
How can the research be purchased?
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Global Multinationals and Corporate Transferees: A Worldwide Review
© Finaccord, 2017 Web: www.finaccord.com. E-mail: [email protected] 3
What is the research?
Global Multinationals and Corporate Transferees: A Worldwide Review is a report and associated
MultinationalBASE™ dataset about multinational enterprises around the world and the expatriate
and other corporate transferees who are employed by them. Using its proprietary Global
Multinationals Model, Finaccord provides a worldwide analysis that provides the following
information:
- the total number of multinational enterprises in each year from 2013 to 2017 and with a forecast
for each year through to 2021, segmented by revenue band and region of headquarters;
- the total number of multinational enterprises in 2017 alone, segmented by industry sector;
- cross-tabulations of the total number of multinational enterprises in 2017 alone by revenue band,
region of headquarters and industry sector;
- the total number of expatriate and other corporate transferees employed by multinationals in each
year from 2013 to 2017 and with a forecast for each year through to 2021, segmented by revenue
band and region of headquarters;
- the total number of corporate transferees employed by multinationals in 2017 alone, segmented
by industry sector;
- cross-tabulations of the total number of corporate transferees employed by multinationals in 2017
alone by revenue band, region of headquarters and industry sector.
continued overleaf
Global Multinationals and Corporate Transferees: A Worldwide Review
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What is the research (continued)?
In addition, using the MultinationalBASE™ dataset that accompanies this study, segmentations of
the top 730 multinational enterprises are provided by various criteria, namely:
- number of countries in which active;
- percentage of total revenues outside country of headquarters;
- growth (or decline) in total revenues;
- actual or approximate number of employees that are expatriate or other corporate transferees.
Finally, and again using the MultinationalBASE™ dataset, rankings of the top 730 multinational
enterprises are provided by various criteria, namely:
- total revenue;
- revenue outside country of headquarters;
- growth (or decline) in total revenues;
- percentage of total revenue outside country of headquarters;
- percentage of total employees outside country of headquarters;
- actual or approximate number of employees that are expatriate or other corporate transferees.
Global Multinationals and Corporate Transferees: A Worldwide Review
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What is the rationale?
The rationale for this report and associated MultinationalBASE™ dataset derives from the fact that
no similar analysis has been produced at any time in the past in spite of the significance of
multinational enterprises and the expatriate and other corporate transferees that they employ to a
variety of different types of entity.
These comprise organisations that serve the multinationals themselves, which include financial
institutions such as banks, plus non-financial ones such as technology firms and providers of
recruitment solutions, and also companies that develop products and services specifically for
expatriate and other corporate transferees, such as health insurers and providers of international
mobility services.
Leveraging its previous research into the global expatriate population plus its expertise in
quantifying and segmenting enterprises by size and sector, Finaccord aims to provide through this
study unique and detailed insights into the worldwide environment for multinational enterprises and
their employees who are classifiable as corporate transferees.
Global Multinationals and Corporate Transferees: A Worldwide Review
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How are multinationals defined?
Finaccord has defined the concept of a multinational enterprise as comprising any for-profit
organisation (including state-owned entities) that has annual revenues of at least USD 200 million,
that has substantial operations (via subsidiaries and / or branches) in at least one country outside
the country of its headquarters, and that is not majority-owned by any other corporate entity (in
order to avoid double-counting), since numerous larger multinational groups have multiple
subsidiaries which themselves have annual revenues of more than USD 200 million and that
operate in more than one country). The revenue threshold of USD 200 million has been used in
order to focus on enterprises that are likely to employ significant numbers of expatriate or other
corporate transferees.
Global Multinationals and Corporate Transferees: A Worldwide Review
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How are corporate transferees defined?
Finaccord has defined corporate transferees as individuals entering a country on a posting from a
for-profit organisation who are considered to have already worked for the same organisation in
another country and who have been transferred contractually within the organisation to the
destination country on a temporary basis of between three months and ten years. Note that the
count of corporate transferees does not include their dependents (i.e. spouses and children) who
will in many cases relocate with their family members, unless these individuals are themselves also
transferees. Corporate transferees include both expatriate transferees (which Finaccord defines
as employed individuals working temporarily in a country other than their country of origin for a
period of between six months and five years) and other transferees (defined as employed
individuals working temporarily in a country other than their country of origin either for a period of
between three and six months or for more than five years).
Global Multinationals and Corporate Transferees: A Worldwide Review
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What is the report structure?
0. Executive Summary: providing a concise evaluation of the principal findings of the report.
1. Introduction: offering rationale, a description of methodology and some definitions.
2. Global Overview: comprising four main sections – i) analyses of the number, segmentation and
growth of multinationals worldwide by revenue band, region of headquarters and industry sector, ii)
analyses of the number, segmentation and growth of expatriate and other corporate transferees
employed worldwide by multinationals across the same variables, iii) analyses of the world’s
leading 730 multinationals by number of countries in which active, percentage of annual revenues
outside country of headquarters, growth in annual revenues, and number of expatriate and other
corporate transferees, and iv) rankings of the world’s leading 730 multinationals by total revenues,
by annual revenues outside country of headquarters, by percentage of total revenues outside
country of headquarters, by revenue growth, by percentage of total employees outside country of
headquarters, and by number of expatriate and other corporate transferees.
Global Multinationals and Corporate Transferees: A Worldwide Review
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What are the key features of the research?
Key features of this research include:
• unique insights into the global environment for multinational enterprises which numbered around
12,230 worldwide in 2017, up from around 11,300 at the end of 2013;
• detailed data for each of the world’s leading 730 multinational enterprises including the percentage
of their revenues that they derive from non-domestic markets, the percentage of their employees
based in non-domestic markets and the actual or approximate number of their employees
classifiable as expatriate or other corporate transferees;
• analysis of expatriate and other corporate transferees worldwide including their number and
segmentation according to the revenue band, region of headquarters and industry sector of the
multinational enterprises that employ them;
• forecasts for both expatriate and other corporate transferees and the multinational enterprises that
employ them – by 2021, it is predicted that their numbers will have risen to around 1.01 million and
13,900, respectively.
Global Multinationals and Corporate Transferees: A Worldwide Review
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How can the research be used?
You may be able to use this report and the MultinationalBASE™ dataset that accompanies it in one
or more of the following ways :
• understand who the world’s multinationals are, the magnitude and rate of growth of their revenues,
where they are based and how they break down by industry sector;
• assess which of the leading multinational enterprises are most worth targeting as global accounts
given their growth, the degree to which they have diversified internationally and the number of
expatriate and other corporate transferees that they employ;
• identify the industry sectors (and specific multinational enterprises) that employ the highest
numbers of expatriate and other corporate transferees;
• plan your own organisation’s strategy for targeting multinationals worldwide and / or the corporate
transferees that they employ with reliable global data forwards to 2021.
Global Multinationals and Corporate Transferees: A Worldwide Review
© Finaccord, 2017 Web: www.finaccord.com. E-mail: [email protected]
How can the MultinationalBASE™ be used?
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Note: other data points in MultinationalBASE™ include revenue growth in most recent year and number of
employees based in countries other than country of HQ
Multinational Sector Country of HQ
Number of
countries in
which active
Revenues (most
recent year)
(USD billion)
% of revenues
(most recent year)
outside of country
of HQ (actual /
estimated)
Total number of
employees (2017)
Number of
employees that are
corporate
transferees (2017)
(actual / estimated)
Groupe LactalisManufacturing -
consumer (general)France 85 18.8 72.8% 75,000 470
Grupo BimboManufacturing -
consumer (general)Mexico 22 13.5 68.0% 130,913 450
GS Caltex Energy and power South Korea 3 22.2 26.0% 3,000 10
Gunvor Energy and power Switzerland 23 47.0 99.5% 1,600 110
H&M Hennes & Mauritz Retail and wholesale Sweden 51 22.5 96.0% 114,586 140
H.E. Butt Grocery Company Retail and wholesale US 2 23.0 14.5% 86,000 20
Select
country of HQ
Sort by number of
countries in
which activeFilter by
multinational
Choose
sector
View magnitude and
breakdown of revenues
Appreciate number of
employees that are
corporate transferees
Global Multinationals and Corporate Transferees: A Worldwide Review
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Who can use the research?
1. Organisations seeking to serve multinationals at a global level: numerous types of company
compete to win global accounts with multinational enterprises – these include accountancy
firms, banks, insurers, public relations consultancies, recruitment solutions providers and
technology enterprises, among others;
2. Organisations focused on providing services to corporate transferees: expatriate and other
transferees employed by multinationals constitute a viable target audience for various types of
financial institution including banks, insurers, assistance firms, investment managers and
providers of international payment services, plus non-financial entities such as relocation
consultancies;
3. Management consultancies: if your company is helping a client firm with its strategy for
targeting multinationals or the expatriate and other corporate transferees that they employ, then
this research will provide it with a unique analysis of the global landscape, saving time and
effort on researching the subject itself.
Global Multinationals and Corporate Transferees: A Worldwide Review
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What are some of the key findings?
Note – the ‘Other’ category includes agribusiness, food service, manufacturing (automotive),
mining / minerals, property and miscellaneous
Source: Finaccord MultinationalBASE™
1) At a worldwide level, the financial and retail / wholesale
sectors generate over one third of multinational enterprises
Chemicals, 3.3%
Conglomerate, 8.6%
Construction and engineering, 4.2%
Energy and power, 4.4%
Financial, 18.3%
Healthcare, 4.2%
Logistics, transport and travel, 3.4%
Manufacturing -consumer
(general), 9.3%
Manufacturing -non-consumer (general), 8.5%
Professional services, 7.5%
Retail and wholesale, 17.8%
Technology, media and
telecoms, 2.5%
Other, 8.1%
Global Multinationals and Corporate Transferees: A Worldwide Review
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What are some of the key findings? (cont.)
2) Smaller ‘mini’ and ‘midi’ multinationals are vastly more numerous than larger ones (with
more than USD 10 billion in annual revenues) and their number is also growing more rapidly
Source: Finaccord MultinationalBASE™
2013 2017 2021
(forecast)
0
5,000
10,000
15,000
USD 200 to USD 1 billion
USD 1 billion to USD 10 billion
USD 10 billion to USD 20 billion
More than USD 20 billion
Number of
multinationals
worldwide
Global Multinationals and Corporate Transferees: A Worldwide Review
© Finaccord, 2017 Web: www.finaccord.com. E-mail: [email protected]
Middle East
Latin America
Australasia
Africa
North America
Asia-Pacific
Europe
CAGR of number of corporate transferees employed
by multinationalsworldwide, 2013 to 2017
15
What are some of the key findings? (cont.)
3) The growth in number of expatriate and other corporate transferees employed
by multinationals headquartered in the Asia-Pacific region makes them on track
to overtake those employed by Europe-based multinationals by 2021
Source: Finaccord MultinationalBASE™
Numberof corporate transferees employedby multinationalsworldwide, 2017
0%
2%
4%
6%
8%
10%
12%
0 50 100 150 200 250 300 350
Global Multinationals and Corporate Transferees: A Worldwide Review
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What are some of the key findings? (cont.)
4) Key findings from the executive summary include:
• there were a total of around 12,230 multinational enterprises worldwide with revenues of at least
USD 200 million in 2017 and their number increased at a compound annual rate of 2.0% between
2013 and 2017;
• furthermore, there were around 838,600 expatriate and other corporate transferees employed by
these multinationals in 2017 and, given a compound annual rate of 4.1% since 2013, this number
has been growing at a faster rate than the number of multinational enterprises;
• while multinationals with annual revenues in excess of USD 20 billion in 2017 accounted for only
4.0% of the total number of multinational enterprises in that year, they are estimated to have
accounted for 54.9% of the total number of corporate transferees;
• among all multinationals globally, Tata Group employs the most expatriate and other corporate
transferees followed by two other India-based enterprises, namely Infosys and Wipro, and then by
the state-owned China National Petroleum and Taiwan-based manufacturing group Foxconn.
Global Multinationals and Corporate Transferees: A Worldwide Review
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What is the cost and format?
Global Multinationals and Corporate Transferees: A Worldwide Review is available as a standard PDF
document. The MultinationalBASE and market data file that accompany it at no further charge are in
Excel format. Costs for this research set and related titles already available or soon to be released at the
time of publication are as follows:
REPORT
Global Multinationals and Corporate Transferees: A Worldwide Review
Global Business and Corporate Travel Insurance and Assistance: A Worldwide Review
Global Expatriates: Size, Segmentation and Forecast for the Worldwide Market
International Health Insurance for Expatriates and Students: A Worldwide Review
Travel Insurance and Assistance in the Asia-Pacific Region
Travel Insurance and Assistance in Europe
Travel Insurance and Assistance in the GCC Countries
Travel Insurance and Assistance in Latin America
PRICE *
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USD 4,195
USD 4,195
USD 3,495
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Costs quoted are for a single site user licence only.
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