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๐Ÿ“ Understanding KPIs for Cost Containment โœจLaura Bloniarz shares her insights on how cost containment is measured. Dive into her latest episode of The Business Immigration Benchmark podcast for more details. Don't miss out on these insights! โฌ‡ โฌ‡ โฌ‡ ๐Ÿ“บ Watch on YouTube here: https://lnkd.in/dqmh3hcB

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Immigration Attorney @ WR Immigration | Global Mobility and U.S. Immigration Compliance - Navigating Borders with Precision

After spending the last 6 months talking with clients and other immigration/GM leaders about cost containment in their programs, here are three lessons I've learned: 1. ๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—ฎ ๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜ ๐—ฟ๐—ฎ๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜ ๐˜„๐—ถ๐˜๐—ต ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐˜๐—ฒ๐—ฎ๐—บ ๐—ถ๐˜€ ๐—ฐ๐—ฟ๐˜‚๐—ฐ๐—ถ๐—ฎ๐—น. Clear communication with finance is crucial to safeguard key components of your program, justify budget allocations, and support the addition of team members or technologies that will benefit your program.ย ย  ย ย ย  2. ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ถ๐—บ๐—บ๐—ถ๐—ด๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜ƒ๐—ฒ๐—ป๐—ฑ๐—ผ๐—ฟ๐˜€ ๐—ฐ๐—ฎ๐—ป (๐—ฎ๐—ป๐—ฑ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ) ๐—ณ๐—ถ๐—ป๐—ฑ ๐—ฎ๐—ฟ๐—ฒ๐—ฎ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฐ๐—ผ๐˜€๐˜ ๐—ฐ๐˜‚๐˜๐˜๐—ถ๐—ป๐—ด ๐—ผ๐—ฟ ๐—ฏ๐˜‚๐—ฑ๐—ด๐—ฒ๐˜ ๐—ฟ๐—ฒ๐—ฎ๐—น๐—น๐—ผ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜„๐—ถ๐˜๐—ต๐—ถ๐—ป ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ด๐—ฟ๐—ฎ๐—บ. I did this exercise recently with a client where they had been filing L and TN extensions via USCIS (given COVID era travel restrictions) and we redeployed their Blanket program for extensions at U.S. consulates to avoid the increased USCIS filing fees. And there are more opportunities like that. While you can't control some cost increases like USCIS fees for H-1B Petitions, you can adjust program strategies to offset some of those costs.ย ย If you haven't already, ask your vendor to audit your program for savings. ย ย ย  3. ๐—Ÿ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฝ๐—ฒ๐—ฒ๐—ฟ-๐˜๐—ผ-๐—ฝ๐—ฒ๐—ฒ๐—ฟ ๐—ฏ๐—ฒ๐—ป๐—ฐ๐—ต๐—บ๐—ฎ๐—ฟ๐—ธ๐—ถ๐—ป๐—ด: There are more GM benchmarking resources available than ever before. Exploring these can provide valuable insights to help you make informed cost-containment decisions for your program. That said, be aware that many public benchmarking reports ๐˜ญ๐˜ข๐˜ค๐˜ฌ ๐˜ต๐˜ณ๐˜ข๐˜ฏ๐˜ด๐˜ฑ๐˜ข๐˜ณ๐˜ฆ๐˜ฏ๐˜ค๐˜บ ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ๐˜ช๐˜ณ ๐˜ฎ๐˜ฆ๐˜ต๐˜ฉ๐˜ฐ๐˜ฅ๐˜ฐ๐˜ญ๐˜ฐ๐˜จ๐˜บ. It's crucial to ensure any benchmarking data you use to make strategic decisions for your program comes from a source that aggregates survey data from ๐˜ƒ๐—ฒ๐—ฟ๐—ถ๐—ณ๐—ถ๐—ฒ๐—ฑ immigration and GM professionals. At WR, we facilitate an empirical benchmarking program that is driven by a community of immigration and GM leaders, meaning there is true transparency within the data you benchmark against.ย ย DM me if you're interested in learning more!

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