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Home / Employee Relocation / Page 2

Category: Employee Relocation

Top Relocation Companies Serve as Partners, Not Vendors: What the RMC Relationship Should Look Like

Jerry Funaro | August 19, 2020

top relocation companiesA relocation management company (RMC) can function as an outsourced department of your company, managing the entire talent mobility process and equipping you with the technology to monitor your employee relocation program. For many companies, this is precisely their objective: to minimize their involvement in day-to-day relocation operations. Other companies prefer a higher level of involvement and consultation, at least for higher-profile relocations. This is always your choice. Regardless, when you need to relocate an employee, you initiate the move by simply contacting your RMC. Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, Relocation Policy, Talent Mobility

Relocation 101: Working with Corporate Relocation Companies

Jerry Funaro | July 28, 2020

Man pressing on digital screen - pre-decision planning programMaybe you have found the perfect candidate for a key management role—but she lives in another city or country. Or your fast-growing company might be opening a new location across the country or halfway around the world and you need to re-deploy some of your current employees. These employees are willing to consider a move, but they have asked about relocation benefits.

For many companies, employee relocation begins as a baptism by fire, with an immediate need but little idea of the type or amount of assistance to offer. Often, companies begin by simply reimbursing relocation expenses directly as they occur, which can prove to be a costly yet incomplete solution. Fortunately, help is available from professional relocation management companies (RMCs). Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, International Relocation

Worldwide ERC Supports Workforce Mobility Relief to Bolster Economic Recovery

Jerry Funaro | July 16, 2020

tax reform workforce mobilityThe U.S. economy has lost 15 million jobs since February 2020 and the unemployment rate, while improving, stood at 11.1% for June 2020—a historically high level. Before the pandemic and the onset of the current recession, the unemployment rate was around 3.5%—a 50-year low.

Public and tax policy can facilitate workforce mobility, helping job hunters to become re-employed and employers to engage the talent needed for growth. Unfortunately, more recent legislation, such as the 2017 Tax Cuts & Jobs Act, has actually made mobility more costly and less attractive, by eliminating popular tax provisions widely utilized by companies and relocating employees. Read More

Categories: Domestic Relocation, Employee Relocation, International Relocation, News, Relocation Tax Assistance, Talent Mobility, U.S. Relocation

Are Relocation Expenses for Employees Taxable When Paid by an Employer?

Jerry Funaro | July 10, 2020

relocation expenses for employeesThe short answer is “yes”. Relocation expenses for employees paid by an employer (aside from BVO/GBO homesale programs) are all considered taxable income to the employee by the IRS and state authorities (and by local governments that levy an income tax). This includes household goods transportation, temporary living expenses, miscellaneous allowances, lump sum payments and more. Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, International Relocation, Relocation Policy, Talent Mobility, U.S. Relocation

How to Write a Relocation RFP

Jerry Funaro | June 23, 2020

corporate relocation RFPIf you’ve never written a relocation RFP—or any RFP—before, the process might seem intimidating. However, if you take a systematic approach, it isn’t difficult. An RFP need not be overly long, but it should be thorough enough to elicit the information you need when searching for a relocation management company (RMC).

Your objective is to learn more about potential relocation partners, assess their capabilities and decide how well each aligns with your company’s needs, culture and values. You ultimately will weed out those RMCs that are not a good fit and select several finalists. Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, International Relocation, Relocation Policy, Talent Mobility, U.S. Relocation

Implementing a Talent Mobility Program with Corporate Relocation Management Services

Jerry Funaro | June 9, 2020

corporate relocation management services partnerAfter your company has completed the preliminary steps of the RFP process and reviewed the final presentations from prospective corporate relocation management services providers, you will be ready to evaluate pricing proposals and proceed to contract negotiations. Once the contract is signed, your new provider will work closely with you to implement your new program. A successful partnership will strengthen the competitiveness and success of your employee mobility program.

Following are some tips on working through pricing and contract negotiations with a corporate relocation management services partner. Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, International Relocation, Relocation Policy, Talent Mobility, U.S. Relocation

Considerations to Issuing an RFP to Corporate Relocation Companies

Jerry Funaro | May 13, 2020

corporate relocation RFPOnce you’ve accomplished the first steps in the developing a comprehensive and accurate request for proposal (RFP), and you have your initial list of prospective partners, the next step is to contact the targeted relocation management companies (RMCs). As a first step, most companies either request a proposal from the RMCs or they issue a more formal RFI (Request for Information).

An RMC’s standard proposal will give you general information about the company and its capabilities, but it will be a rather high-level document, as the RMC would not have the information at this stage to present a more customized solution. Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, International Relocation, Relocation Policy, Talent Mobility, U.S. Relocation

How to Find the Top Corporate Relocation Companies: 3 Steps to Take Before Issuing an RFP

Jerry Funaro | April 27, 2020

top relocation management companiesIn a time of talent shortages and an ever more connected world, employee relocation can give your company a leg up on your competition. However, with its intersection of talent, tax policy, technology, immigration regulations and other moving parts, global mobility is complex and help from expert relocation specialists become essential. Yet many growing companies have no idea how to find the help they need to support domestic reassignments and international relocations.

For many companies, employee relocation begins in an ad hoc way. There are no polices and few precedents, so the program often consists of a straightforward reimbursement of relocation expenses as they occur. If this describes your company, then this is an excellent time to consider a formal, outsourced relationship with a relocation management company (RMC) and well-thought-out relocation policies. Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, International Relocation, Relocation Policy, Talent Mobility, U.S. Relocation

Mobile Employees May Be Affected by Relief Checks Calculation

TRC Global Mobility | April 6, 2020

This article was originally published by Worldwide ERC on March 27, 2020. Click here to review the original article. If you have questions about how employee relocation benefits can impact relief checks, please contact us.


The proposed coronavirus relief package defines the amounts to be given to taxpayers based on their adjusted gross income. This can be complicated for transferees who received moving expense payments.

A massive coronavirus economic relief package that is expected to be passed by Congress and signed into law by the end of the week includes one-time relief payments to every American with a Social Security number. However, limitations on who can qualify may, in some cases, affect recently relocated employees.

The relief payments are $1,200 per adult ($2,400 for married couples), plus $500 for every child under the age of 17. However, full payments are limited to individuals with adjusted gross income less than $75,000 and married couples with adjusted gross income less than $150,000. The payments then phase out to zero over income levels up to $99,000 and $198,000.
Read More

Categories: Employee Relocation, International Relocation, News, Talent Mobility, U.S. Relocation

Worldwide ERC® Requests Financial Assistance for Mobility Industry

Jerry Funaro | March 23, 2020

This article was originally published by Worldwide ERC on March 20, 2020. Click here to review the original article.


Worldwide ERC® has sent letters to congressional leaders requesting the inclusion in the latest economic stimulus package of four provisions to help Worldwide ERC® members address the impact of the coronavirus (COVID-19).

Earlier today, Worldwide ERC® sent letters to U.S. congressional leaders requesting financial assistance for our members to help mitigate losses due to global travel restrictions that are necessary to contain the coronavirus. The U.S. Congress is currently developing a third legislative package to stimulate the U.S. economy and provide financial relief to employees and employers.

In the letter, Worldwide ERC® makes four specific requests of lawmakers as our members face an enormous reduction in the number of relocations.
Read More

Categories: Corporate Relocation, Domestic Relocation, Employee Relocation, International Relocation, News, Talent Mobility, U.S. Relocation
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Drawing on more than 30 years of experience providing personalized corporate employee relocation services backed by advanced technology and thought leadership, we hope to provide fresh perspectives to our readers, as well as imaginative and resourceful advice.

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Since 1987, TRC has delivered creative, cost-effective relocation and international assignment services across the United States and in more than 150 other countries around the world. TRC partners with its clients to develop competitive, best-practice relocation programs, drawing from a comprehensive range of relocation services, including U.S. home selling, home finding and consulting services and complete international relocation services. TRC’s client base represents a wide variety of products and services and ranges from startup firms to Global 1000 companies.
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