Management of expatriation and repatriation for novice global player

The paper tells us about the experience of a financial services company in managing its expatriation and repatriation processes. Data were gathered from official company sources and via in-depth interviews with former expatriates. The analysis indicates that some 50 percent of people left the company following the repatriation within a few years after return. The experience gained by the company manifests the importance of proper management of the processes of expatriation and in particular repatriation. To attain a successful expatriation and repatriation the management should handle both processes as an integrated part of career management, since expatriation can form a crucial point in the development of a psychological contract between the employee and the company.