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BREXIT-A First Look on Global Workforce Mobility and Economic Impact


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1 Bharatiya Vidya Bhavan’s M P Birla Institute of Management, India
 

BREXIT is official now. Britain is in the throes of conflict. There is no definitive picture of what is going to happen? Serious questions arise in the backdrop of this concerning employees and their rights to work and live in the UK and how employee mobility policies need to be changed and made adaptable to benefit employees whose livelihood depends on their jobs in the UK. All changes have a positive and negative side to them but what is important is that one should take them in stride and try to reap beneficial outcomes. Strategic plans need to be formulated and an action plan must be put in place because the outcomes here seem to be unclear at present without an iota of knowledge of how the future will actually unfold. With no concrete outcomes visible, inevitably this will result in a knock-on effect for firms in UK.

The Brexit Aftermath - Aftershocks, Resignations, Recriminations, Rediscoveries and what more? All that can be done now is to wait and watch what happens next?


Keywords

Global Mobility, Employee and Corporate Relocation, Immigration, Taxes, Brexit
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  • http://www.nytimes.com/2016/06/21/world/ europe/brexit; Retrieved on 7/7/2016 @10.55pm
  • http://www.weightmans.com/library/ newsletters/2016; Retrieved on 7/7/2016 @11.05pm
  • http://www.thequint.com/entertainment; Retrieved on 7/7/2016 @11.15pm
  • www.ndtv.com Retrieved on 7/7/2016 @11.25pm

Abstract Views: 194

PDF Views: 80




  • BREXIT-A First Look on Global Workforce Mobility and Economic Impact

Abstract Views: 194  |  PDF Views: 80

Authors

Rohini G. Shetty
Bharatiya Vidya Bhavan’s M P Birla Institute of Management, India

Abstract


BREXIT is official now. Britain is in the throes of conflict. There is no definitive picture of what is going to happen? Serious questions arise in the backdrop of this concerning employees and their rights to work and live in the UK and how employee mobility policies need to be changed and made adaptable to benefit employees whose livelihood depends on their jobs in the UK. All changes have a positive and negative side to them but what is important is that one should take them in stride and try to reap beneficial outcomes. Strategic plans need to be formulated and an action plan must be put in place because the outcomes here seem to be unclear at present without an iota of knowledge of how the future will actually unfold. With no concrete outcomes visible, inevitably this will result in a knock-on effect for firms in UK.

The Brexit Aftermath - Aftershocks, Resignations, Recriminations, Rediscoveries and what more? All that can be done now is to wait and watch what happens next?


Keywords


Global Mobility, Employee and Corporate Relocation, Immigration, Taxes, Brexit

References