Deutsche Bank offers expat spouses life options
12 November 2014
With family unhappiness often a key factor when expatriate assignments fail, Deutsche Bank has launched a four-pronged approach to help accompanying spouses and partners adjust to life abroad.
Thu 13 Nov 2014 | By DeeDee Doke
With family unhappiness often a key factor when expatriate assignments fail, Deutsche Bank has launched a four-pronged approach to help accompanying spouses and partners adjust to life abroad.
Spouses and partners of Deutsche Bank’s expatriate employees can choose from one of four options to help them find a job, set up a business, continue their education or simply to integrate socially in their new environment.
Speaking last Friday (7 Nov 2014) at the EMEA Global Mobility Summit 2014 in London, Deutsche Bank’s Joanna Tickner said that spousal support is now considered a core relocation benefit for all of the company’s expatriate employees. Tickner is vice president, human resources international – governance.
The benefit cannot be cashed in, and one of the options must be initiated within six months of the spouse or partner’s relocation to accompany the expatriate employee, Tickner said. She added: “We have a philosophy: use it or lose it.”
Since the spousal support programme was fully launched in November 2013, 110 spouses have taken it up. Of the four options, the greatest percentage -- 62% -- have taken up the job search coaching, of which 70% have succeeded at getting a job.
Accompanying spouses and partners are not allowed to work in some locations where expatriates can be assigned, which is why some choose the social integration option. Since last year, 22% of the 110 Deutsche Bank spouses and partners have opted for that form of support, Tickner said.
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Women have made up 80% of the 110 spouses accepting one of the options and men 20%, Tickner said.
The Global Mobility Summit is held by the Forum for Expatriate Management.
Spouses and partners of Deutsche Bank’s expatriate employees can choose from one of four options to help them find a job, set up a business, continue their education or simply to integrate socially in their new environment.
Speaking last Friday (7 Nov 2014) at the EMEA Global Mobility Summit 2014 in London, Deutsche Bank’s Joanna Tickner said that spousal support is now considered a core relocation benefit for all of the company’s expatriate employees. Tickner is vice president, human resources international – governance.
The benefit cannot be cashed in, and one of the options must be initiated within six months of the spouse or partner’s relocation to accompany the expatriate employee, Tickner said. She added: “We have a philosophy: use it or lose it.”
Since the spousal support programme was fully launched in November 2013, 110 spouses have taken it up. Of the four options, the greatest percentage -- 62% -- have taken up the job search coaching, of which 70% have succeeded at getting a job.
Accompanying spouses and partners are not allowed to work in some locations where expatriates can be assigned, which is why some choose the social integration option. Since last year, 22% of the 110 Deutsche Bank spouses and partners have opted for that form of support, Tickner said.
.
Women have made up 80% of the 110 spouses accepting one of the options and men 20%, Tickner said.
The Global Mobility Summit is held by the Forum for Expatriate Management.
