When your business has a global reach, the health and well-being of your employees is vital, especially when working in a foreign country. Initially, working overseas can be disconcerting due to its unfamiliarity. AFA’s expatriate insurance can help ease the transition for employees posted abroad, away from home, and lacking the security of their home country and Medicare.
“Many expats returned home during the global COVID pandemic. However, in the wake of the lockdowns and travel restrictions, we’re witnessing a ‘resurgence’ in expats," says David Porter, Managing Director of AFA Insurance. There’s still a global skills shortage; conversely, people always look for something new.
In our experience, there are seven main reasons why expats return home early, which is often seen as a failed assignment.
Seven Reasons Expats Return Home Early
Cultural Adjustment Issues: Many expats struggle to adapt to new cultural norms and lifestyles. This struggle can lead to feelings of isolation and frustration, making it difficult to settle in.
Family Challenges: Relocating can be hard on families. Spouses and children might face challenges in adjusting, leading to stress and unhappiness that can prompt an early return.
Job Dissatisfaction: Sometimes, the reality of the job does not match expectations. This mismatch can result in dissatisfaction and a decision to leave the assignment prematurely.
Lack of Support: Expats may feel overwhelmed without sufficient support from their home or host company. Proper guidance and resources are crucial for a successful transition.
Health Concerns: Accessing healthcare and navigating various medical systems can be overwhelming. Health issues can often serve as a considerable reason for returning home. AFA Expat Medical Insurance can provide coverage for medical assistance and repatriation while working outside of Australia. Benefits include coverage for medical expenses, access to 24-hour medical assistance, and even repatriation, enabling expats to proceed with greater peace of mind.
Financial Strain: The cost of living in a new country can exceed expectations, leading to financial pressure that might result in an early departure.
Career Development: Some expats find their career growth stalls while abroad, prompting them to return home for better opportunities.
Understanding these challenges can help companies better prepare and support their expat employees, reducing the likelihood of failed assignments.
Benefits of AFA Expatriate Medical Insurance include:
- Medical and additional expenses
- Medical repatriation expenses
- Emergency evacuation expenses
- AFA Assist – 24/7 Emergency Assistance Services
- Maternity cover
- Ancillary expenses, including dental and optical
- Personal accident and sickness
- Personal liability
- Political unrest and natural disasters
A Commitment to Employee Wellbeing
By partnering with AFA Insurance and heeding the insights from World Travel Protection, companies can navigate expat and travel complexities with greater ease and assurance. AFA Expat Medical Insurance reflects a company's dedication to its employees' well-being. It sends a clear message that their safety is a top priority, fostering a culture of care and responsibility.
Contact our team for more information on how AFA Expat Insurance can safeguard your employees overseas.
