Following the publication of a recent survey by ExpatFinder.com, the international relocation guide has reported a huge increase in school fees since 2017.
The survey looked at 688 international schools across 27 countries; revealing a staggering 19 per cent rise in school fees this year. Some countries reported a more substantial hike in fees than others; Singapore saw an increase of 20% and Luxembourg reached a staggering 31% respectively.
As a result of changes in international moving and costs of living, it’s not uncommon for tuition fees to rise. However, current expatriates will be feeling the pinch of providing for their children abroad, particularly as the demand for international school places by affluent locals rises.
Some of the most expensive countries for international education are:
- China: While the total cost of a child’s education varied greatly between the 688 countries, China topped the table for ‘most expensive schools in the world’. For expatriates living in China, their child’s education could cost them US$33,591 per annum.Moreover, the study found that the aspirations of Chinese families to have an “English-medium” and “internationally oriented education” fueled the demand for international schools in the country.
- Switzerland: Switzerland is home to some of the most exclusive and expensive schools in the world, which is why a year of education will cost US$32,453. In 2016, a report by The Telegraph listed five of the top boarding schools in the world; all of which were based in Switzerland.
Global mobility experts explain the trend for exclusive; international schools in Switzerland as a result of the multinational companies based in Geneva. These expatriates have created a huge demand for high-quality schools in the area where the children can earn an International General Certificate of Secondary Education (GCSE).
- Singapore: According to this year’s International School Fee Survey, it costs a total of US$25,758 to attend school in Singapore. As one of the most expensive countries in the world; it’s not hard to understand why Singapore’s international schools are some of the most expensive in the world.After all, international schools in Singapore offer the acclaimed International Baccalaureate qualification, demanding more teachers to a classroom. This allows schools to require higher tuition fees from attendees.
Want to find out more information about international schools in your transfer destination?
Galleon International has a team of global mobility experts. Our experts can provide you with all the information you need regarding your overseas move. As part of our corporate relocation services; our transatlantic partners can provide you with all local knowledge and contact details you will require when settling into your new home.
Finally, for more information on how Galleon International can be there to help you with moving overseas; get in touch today on 01708 868 068.
A study by global relocation experts has shown that the ‘employees’ use of social media and smart technology is shaping their expectations of how workplace communication should be operated. At the same time, technology is also changing the way that organisations identify with mobile talent. As well as the way that they engage with employees from recruitment to redeployment.
They have identified a growing willingness to feedback and share information about overseas assignments amongst the younger employees. In return, these employees expect the organisations to be open. They also expect them to respond in a two-way conversation.
Following the study, the same question has been asked by experts in global mobility; are digital technologies beneficial for relocating employees?
Danny Taggart is a director in the Deloitte’s Global Workforce team. He argues that ‘digital technologies offer a massive opportunity for the global mobility function and mobile employees alike.’
“The diversity of the talent in the workforce is changing, along with employee perspectives,” he says. “Think of the ‘traditional expat’ posted overseas 20 years ago, and compare this with the expectations and the needs of millennials today. Technology is the enabler to meet the rapidly shifting demands of the modern workforce.”
Moreover, it has been argued that employee openness is a result of generational influence. For example, millennials are very conversant with mobile and digital tools. They are also comfortable with providing feedback in real-time and they expect responses in a similar time frame. Their use of technology in their personal lives has driven an expectation for the corporate services.
However, this feedback and the monitoring will only be successful if the employee feels that they are being listened to. As well as the fact that decisions are made with the feedback in mind. This is similar when it comes to relocating employees overseas.
A lot of successful overseas placements are about setting the right expectations. After all, moving abroad can be stressful and can be challenging for the employee. Therefore, it is important to ensure that the experience is positive for them.
As global relocation experts, Galleon International are constantly keeping up to date with the latest trends. They are also kept up to date with the changes that are related to moving overseas and working abroad. Our team can pass this information onto the relevant corporate moving clients. We do this to reduce the stress and the uncertainty that comes with relocating abroad.
If you would like to speak to Galleon International’s team of experts about our international moving options then contact us. Get in touch today on 01708 868 068.
Whether you need assistance with the process of international office relocation or simply need help with employees being given international assignments. Any corporate relocation process undoubtedly requires advanced, careful planning. Plus, it requires ongoing support to ensure a smooth transition. Our consultants at Galleon International provide professional knowledge and negotiation. In addition, they also provide a uniquely personal service. Easing the burden of relocation.
As an international moving company, Galleon understands that a trouble-free relocation process is crucial for your business. When employees and their families are able to settle down quickly into their new home and surroundings, this inevitably reduces the disruption to their work life. We can enhance efficiency by allowing the employee to focus on their professional priorities.
Galleon International is able to offer a service which provides the flexibility that is often limited due to work demands. We help organisations to achieve this smooth transition. Here are some of the benefits of using Galleon International for corporate relocation.
- A ‘self-managed’ budget tool condenses all the available options for corporate relocation. It provides calculations to ensure that the moving process remains within budget and per the costs agreed.
- A transparent approach with Galleon’s Cloud portal enables a company to interact directly with contracted suppliers. HR can, therefore, have full visibility and confidence that the relocation is progressing in accordance with the policy.
- The use of Galleon’s ‘local orientation service’ will assist your employees who are not familiar with the area.
- Galleon International offers a choice of either a home survey or a virtual survey via a smartphone or a tablet. It is, therefore, possible for employees to schedule a virtual survey at a time to suit them. This includes weekends and evenings. This benefits employers equally. It means time does not need to be scheduled away from the office in order to arrange a quote prior to the relocation.
Every element of an employee’s international relocation has been taken into consideration with Galleon International. To find out how we can help make the transition as smooth as possible contact us. Customers can get in touch today: + 44 (0) 1708 868 068