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Work from the Office? Work from Home? Work from Anywhere?

| April 6, 2021

remote work policyThe remote work trend was supercharged by the pandemic when even more conservative companies were forced to experiment with a dispersed workforce and implement a remote work policy. Most companies are still sorting out what their post-Covid work environment will look like, including whether and how they will permanently incorporate remote work, whether they will maintain their current office space and locations, and how they will configure these offices. Read More

Tips for Moving Employees to Another Location in a Competitive Real Estate Market

| March 30, 2021

relocation home sale assistance moving employees to another locationRelocating employees don’t need any more stress in their lives, but today’s competitive real estate market is dialing up the pressure. The good news: more employees will be able to sell their homes quickly, at or above their asking price. The bad news: they’ll likely face a competitive home buying process at the destination. Read More

Working Remotely in a Different State Could Mean Tax Headaches

| March 19, 2021

working remotely in a different stateAt the beginning of the Covid pandemic, just five percent of American white collar workers worked remotely full time. By the end of 2020, it was two out of three! With an open-ended break from the office, some opted to work remotely from a different state—often one that was warmer, cheaper or closer to family.

While traveling to another country became all but impossible, taking off for another state seemed simple enough. Few employees gave any thought to tax considerations and many saw no need to tell their employer about their plans. Read More

TRC Global Mobility Announces Management Promotions: Stacy Hough, VP, Client Services and Jodi Bischoff, VP, Finance

| March 8, 2021

MILWAUKEE, Wis. (March 8, 2021) – TRC Global Mobility, Inc. (TRC) is pleased to announce that Stacy Hough, CRP has been promoted to Vice President, Client Services and Jodi Bischoff, CPA has been promoted to Vice President, Finance, effective immediately. Both join TRC’s executive team.

Stacy Hough will work to ensure that TRC delivers an outstanding customer experience, building strong client partnerships while helping to plan department strategy and goals. She will also ensure that new TRC clients are implemented effectively and efficiently and serve as an executive-level liaison to TRC clients. Read More

How to Become a Relocation Expert in Four Easy Steps…or Just Look Like One!

| February 12, 2021

employee-relocation-experts-toolkitMany companies today lack in-house relocation experts and little or no experience with corporate relocation. They identify the perfect candidate for a position—but she lives on the other side of the world. Or they need to move a current employee to a different company location as soon as practical, but they don’t know where to begin. Forced to make decisions quickly, and with limited knowledge, they can easily over or undershoot the relocation benefits package, incur unnecessary taxes, run afoul of immigration laws or incur a host of other problems.

Though the employment market has been disrupted by the COVID pandemic, the long-term trend of talent shortages continues unabated. Employee relocation can be a powerful tool to help your company recruit and retain talent—but where do you begin? It is far better to have at least a basic relocation policy and program ready for use when needed than to risk losing a prized candidate or delaying the start of a project. Read More

C-Suite Executives Weigh Company Relocation, Remote Work, and Vaccinations

| January 28, 2021
Expat global spouse assistance overseasThis article was originally published by Worldwide ERC on January 21, 2020. Click here to review the original article.

Survey research shows that C-suite executives are considering moving their companies to cheaper locales, while also weighing their options for remote work, vaccinations, and more.

In a survey of 150 C-Suite executives, consulting firm West Monroe found that more than a quarter of respondents are considering moving their operations to another cheaper location. This is one of the major implications of the overall shift to remote work, a key strategy to keep employees safe as the COVID-19 pandemic continues. However, for some companies, this shift away from the office has proven difficult. Respondents’ reasoning for considering a big move included high costs of talent and living in their respective locations, as well as taxes, real estate, and regulations. Read More

International Corporate Relocation Services Best Practices: Compensation & Benefits

| January 16, 2021

American Dollar Bills

For all the value they can bring to an organization, traditional international assignments come with a daunting price tag. In response, companies have been trimming relocation benefits and costs for several years, making the packages less generous for assignees and less costly for employers. Certainly, there is much more variation in the assistance offered to assignees than in the past.

Employees today are more likely to see an international assignment less as a hardship and more as a career- and life-enhancing experience—and they are more likely to seek out these experiences with fewer incentives. Of course, benefits vary depending on the company’s policies, culture and competitive environment, the employee’s seniority and the assignment location. The goal is to deliver the support needed without providing a windfall. Read More

How Will Employee Relocation Emerge from the Pandemic?

| December 21, 2020

global mobility trendsIt is safe to say that none of us will be sorry to see 2020 end? The year brought personal and professional challenges for almost all of us, and real hardship for too many families.

All major events bring unanticipated consequences, and the coronavirus pandemic changed how and where we worked and collaborated. In some cases, it accelerated trends that were already underway. Incredibly, all of this happened within the span of a few months! Read More

Opportunities for Cost Reduction within Your Company Relocation Policy

| December 14, 2020

company relocation policy cut costsEffectively managing a company relocation policy and the program costs requires a comprehensive approach. You must first consider your company’s culture and overarching talent management objectives, as these give you a sense of the degree of cost control that might be possible. Ultimately, your plan will likely include a combination of smaller adjustments and refinements and larger policy shifts.

For some companies, it is easier to phase in more sweeping changes over several years. This approach also allows you to analyze the preliminary results and refine your plan as needed. A successful initiative will reduce excess costs, better align your relocation benefits with employee needs and expectations and support your talent and business objectives. Read More

Ways to Reduce the Costs of Your Corporate Relocation Program

| November 20, 2020

American Dollar BillsThe pressure to reduce global mobility services costs began before the current pandemic, but Covid-19 is certainly accelerating that process. As we slowly return to normalcy, companies will want to consider how they can preserve some of these cost savings while still achieving their talent management and business objectives.

Cost-reduction initiatives are definitely not one size fits all.  In this eBook, we suggest areas to review.  And while not all will apply to your company, with almost any corporate relocation program, there is at least some opportunity for cost savings. Read More

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