We all know that kids have feelings too, and when it comes to a corporate relocation, unless they are babes, their world is going to be shaken up a bit. The parents’ role in transitioning their children to a new environment is critical, and begins before the move. What follows are TRC’s six suggestions for smoothing out the often bumpy road of a family transfer. Read More
Category: Corporate Relocation
According to a new report from Knight Frank, a global property agent based in England, finding the right school is the biggest challenge for relocating families, whether they are moving around the world or only 100 miles away. The kids are leaving their friends and extended family behind, and no matter how excited they are about the move, they are still facing some very challenging hurdles: fitting in and making new friends while doing well in their new school. Read More
Corporate relocations entail more than a new job position. The list of items that come into play for any relocation is long, but at the top is usually finding a new place to call home.
Most corporate relocation packages include some type of home finding assistance. The benefit can vary considerably, from a lump sum to a full-service, escorted area orientation, depending on the company and sometimes the employee’s position.
Regardless of the scope of the program, the goal of TRC Global Mobility is to make the relocation as stress-free as possible and provide expert, professional advice throughout the process. Read More
You’re still processing the fact that your company is moving its headquarters to another city….along with you and possibly your partner, children, and pets!
Many corporations look to corporate relocation companies like TRC Global Mobility to smooth the transition for its employees. But there are still things to think about outside of the services that your relocation company offers. And those considerations can grow exponentially with the size of your family. You may still have to oversee the movers, transfer bank accounts and utilities and even more importantly—take care of your family. They’re feeling the stress of moving as much or more than you are.
It’s time to make a list. Use the following relocation checklist that we have put together, based on our knowledge of the relocation process and feedback we have received over the years from the employees we have relocated. Read More
Relocation stress is real, even if you are headed to your dream job. After all, your whole life is being turned upside down.
According to experts, the stress can be mild or severe, and could include aches in the back, head or stomach, high blood pressure, or increased susceptibility to infection or disease. Some people become irritable or impatient, while others are moody or depressed, and could be experiencing nightmares, bouts of crying or panic attacks. Read More
Choosing the right corporate relocation company can be confusing. An important part of the process is assessing the qualifications and credentials of each firm’s relocation professionals.
While conducting due diligence, you will find that some relocation company employees have a series of letters following their names. These represent professional certifications they have earned from Worldwide ERC®, the recognized industry authority in managing and servicing a mobile workforce.
Even though you know this is the right move, it won’t come without some stress. You need to find a new place to call home, learn how to navigate a different town, master your job, build a support network, and if you have a family, find schools for your kids and perhaps a job for your spouse or partner. Read More
I’ve worked with domestic transferees for quite a while but I’m brand new to global relocation. Do you have any dos and don’ts you can share for a global mobility newbie?
Dear Global Mobility Professional,
Congratulations on your new responsibilities! You’ll find that global mobility has some similarities to domestic relocation, but even more differences. Here are ten dos and don’ts for you, in no particular order:
Partner career assistance for relocating employees can mean the difference between a successful and a failed assignment
Family considerations, including the spouse/partner’s career, have traditionally been the number one reason for reluctance from relocating employees. According to Worldwide ERC®, real estate concerns eclipsed family and career considerations during the Great Recession (imagine having to sell an “upside down” house and give up a spouse/partner’s job during a recession), but as the real estate market recovers, personal issues are again rising to the forefront.
Dual-career families have become the norm. Ozzie and Harriet are gone: according to the U.S. Census bureau, men are the sole breadwinners in only one out of four married couples. So even with a great offer on the table, most families are reluctant to embark on a domestic relocation unless the spouse can either continue his or her job in the new location or find a new one. International assignments bring special challenges as many countries limit or outlaw spouse employment. Read More
In today’s lean business environment, most companies no longer have the luxury of a dedicated relocation department, staffed with experienced professionals who can devote their full attention to the process.
More likely, if the function is managed in-house, it’s just one of many responsibilities juggled by busy HR professionals. Complicating matters further, relocation has gotten more specialized and complex over the years.
For domestic relocation, in-house professionals must keep abreast of current best practices and tax/legal regulations, control costs, source and manage suppliers and sometimes even manage inventory. Global moves are even more challenging. Companies must identify, qualify and manage global partners, worry about immigration and tax matters and source and coordinate a whole array of support services.