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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

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

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

Culture Shock—Without Ever Leaving Your Home Country

| September 28, 2020

culture shock employee relocation servicesHow culture shock can disrupt even intra-country moves…and what you can do about it with employee relocation services

As global employee relocation moves have become commonplace, corporate relocation professionals have gained a much better understanding of the phenomenon of culture shock. They are well aware of its very real consequences for assignees, their families and the companies involved, and increasingly, they take concrete steps to avert or at least mitigate it with employee relocation services, from relocation candidate assessment, to weed out less-adaptable candidates, to cultural training, to help assignees anticipate the challenges and adapt to their new surroundings. Read More

How Business Leaders Can Navigate Remote Work Fatigue

| September 21, 2020
remote work exhaustionThis article was originally published by Worldwide ERC on September 9, 2020. Click here to review the original article.

With everyone constantly connected to their computers, fatigue can begin to set in. Employers must consider strategies that prioritize employee mental health while continuing to collaborate in the virtual setting that may not be for everyone.

Read More

Developing a Company Relocation Policy with a Relocation Management Company: What is Important to You?

| September 5, 2020

developing company relocation policyOften, the decision to reach out to a relocation management company (RMC) stems from an immediate need to move an employee. Still, it is worth giving some thought to the bigger talent mobility picture as well. Consider your company’s culture and the type of employee relocation experience you want to provide. Is a happy employee and a seamless experience most important? Is cost-control paramount? Companies typically try to align their relocation support with the level of employee benefits they provide overall. Read More

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

| 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

Worldwide ERC Supports Workforce Mobility Relief to Bolster Economic Recovery

| 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

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

| 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

How to Write a Relocation RFP

| 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

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