The best corporate relocation programs reflect not only the company’s culture, budget and recruiting priorities but also changes in the external environment. Here are a few of the external trends that you should consider in developing or refining your global mobility program.
Relocating abroad presents challenges, but often the most difficult part of an international assignment is returning to the home country. The sad reality is that more than 25% of international assignees leave their employer within two years of returning home. With such a substantial investment in each international assignment, it’s wise for companies to plan […]
Employees on international assignments typically observe the holidays of their host country location, which is sometimes a bit of a surprise for the expats. They might be American citizens working for an American company in its Paris office, but they will be celebrating not U.S. Independence Day but French Bastille Day! They usually receive the […]
Shipping personal goods can represent a significant expense for companies and a significant source of stress for expatriates. Careful counseling is important to ensure employees do not move goods they will not be able to use in the new location (e.g. televisions; excessive or very large furniture that will not fit in the destination housing; […]
The first few days of an international relocation tend to be exciting yet trying. To reduce stress and help employees adjust to their new environment, most companies provide a series of destination and settling in services to the families. Usually this means allowing employees to spend two to four days at their new location handling […]
Candidates for international assignments are, of course, chosen primarily based on their technical competence and the need for their skills and expertise in the global location. But it is critical that the employee and family are given an opportunity to experience the new location, and that they are thoroughly prepared for life in the new […]
Employees who are embarking on a global assignment are usually expected to return home within 3-5 years. Under this scenario, property management is a practical alternative to homesale, since most assignees who expect to return home within a reasonable amount of time prefer to retain their home. Automobiles present another challenge for assignees, but companies […]
A capable relocation management company will help you to select the best program, or programs, for you; offer cost-saving ideas; and help to ensure you remain in step with current best practices and compliant with applicable IRS directives surrounding employee homesale programs.
Relocating employees are happiest, and costs are lowest, when they are settled into permanent housing as rapidly as possible. When this is not possible, providing good temporary living services to employees becomes an important part of a successful relocation process. First impressions make a lasting impact, and for employees who are moving their whole lives […]
Right Talent, Right Place, Right Time Used strategically, employee relocation can positively impact a company’s competitive position and business performance by getting the right talent in the right place at the right time. Unfortunately, the relocation process can be very complicated and stressful for both the employee and the company initiating it. For businesses, some key challenges […]