SHRM Survey: Lump Sums the Single Most Popular Relocation Benefit
A recent SHRM survey on employee benefits found that lump sum payments are the single most popular relocation benefit offered by the surveyed companies. Lump sums are offered by 28% of responding companies, down slightly from 29% in 2017 and 32% in 2016. The survey does not differentiate between lump sums that are one part of a company’s relocation package and lump sums that represent the company’s entire relocation benefit.
The 2018 Employee Benefits Survey, administered by the Society for Human Resource Management (SHRM) in February and March 2018, assessed the prevalence of more than 300 benefits. Human resource professionals were asked whether their organizations formally offered each benefit or had plans to do so in the next 12 months. This report examines changes in the prevalence of benefits over the past five years.
Other relocation benefits most commonly offered in 2018 include temporary relocation benefits (16% of companies), location visit assistance (16%), reimbursement of shipping fees (12%), and cost-of-living differentials (11%). Read More
At the recent 
With the passage of the Tax Cuts and Jobs Act of 2017, there are key changes to the tax treatment of several common relocation benefits. Whether you are an 
Too often, a company identifies an ideal candidate for a role that will require employee relocation and then communicates only with the candidate about the potential relocation. Ironically, the accompanying spouse/partner and family often endure the brunt of the move. 
With the hard work of defining your company’s needs and vetting prospective relocation management companies complete, the final step of the selection process is negotiating the contract with your chosen 
In developing specifications for a new, outsourced provider, it is best to begin with an evaluation of your current process and policies, and a frank assessment of how well they meet the needs of your internal customers (recruiters, managers and 
