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

| 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

TRC Names Sean Lickver Chief Executive Officer; Amy Kust Executive Vice President & Chief Financial Officer

| April 14, 2020

Aligning titles with current responsibilities

MILWAUKEE, Wis. (March 18, 2020) TRC Global Mobility, Inc. (TRC) is pleased to announce that the company’s outside board has named Sean Lickver as the company’s Chief Executive Officer and Amy Kust as the company’s Executive Vice President and Chief Financial Officer. The new titles more accurately align their titles with their day-to-day responsibilities. Paul Haislmaier continues as TRC’s Chairman and Founder.

As TRC’s CEO, Lickver will continue to provide executive leadership for the company, ensuring that TRC remains at the forefront of global talent mobility firms. He leads TRC’s executive team in planning and implementing the company’s strategic initiatives, ensuring that TRC’s resources are optimally deployed to support the company’s mission and objectives and assessing the company’s performance and position. Read More

TRC Wins Wisconsin ESOP Association Company of the Year Award

| April 14, 2020

Employee-owners bringing passion and commitment to a shared company

MILWAUKEE, Wis. (March 13, 2020)  TRC Global Mobility, Inc. (TRC) is pleased to announce that the Wisconsin chapter of the ESOP Association has awarded TRC its Company of the Year Award.

In its application for this award, TRC detailed its efforts to create an ownership culture at TRC. The company mentioned how its ESOP Communications Committee organizes, educates and promotes TRC’s ESOP awareness; its participation in ESOP Association meetings and events; its ESOP month celebration; its community service projects; its ongoing education efforts; and its employee appreciation and awareness initiatives. Read More

Mobile Employees May Be Affected by Relief Checks Calculation

| 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.
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Worldwide ERC® Requests Financial Assistance for Mobility Industry

| 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.
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TRC Responds to COVID-19

| March 20, 2020

As a community of employee-owners and a people-centric business, we have been paying close attention to the growing spread of the COVID-19 virus. Our paramount concern is always the health, safety and well-being of our employee owners, clients, relocating employees, and business partners.

We have been heeding the advice of Federal, state and local authorities, the Center for Disease Control (CDC) and the World Health Organization (WHO), all of which are advising that people practice preventative measures, including hand washing, the use of hand sanitizer and social distancing as much as possible. Read More

U.S. Suspends Travel from 26 European Countries

| March 16, 2020

This article was originally published by Worldwide ERC on March 13, 2020. Click here to review the original article.

U.S. President Trump has announced a 30-day suspension of travel by foreign nationals residing or visiting Schengen Zone countries to the U.S. due to concerns over coronavirus (COVID-19).

U.S. Suspends Travel from 26 European CountriesIn a televised speech on 11 March, U.S. President Donald Trump announced the suspension for 30 days of travel to the U.S. by foreign nationals who have been in a country part of the Schengen Zone of Europe in the last 14 days. The entry suspension takes effect today, Friday, 13 March at 11:59 pm (eastern).

U.S. citizens and permanent residents currently in a Schengen Zone country with plans to arrive in the U.S. after the suspension takes effect will be subject to medical screenings. The suspension does not apply to foreign nationals whose plane takes off prior to the effective date and time but lands in the U.S. on 14 March. Several other categories of individuals including certain family members of U.S. residents, diplomats and flight crews are not subject to the restriction.
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Coronavirus: Countries’ Containment Efforts Affect Employers

| February 28, 2020

This article was originally published by Worldwide ERC on February 18, 2020. Click here to review the original article.

How Coronavirus Containment Efforts Affect EmployersGovernments around the world seeking to protect their talent from coronavirus have issued guidance and in some cases restrictions on employees traveling to and from China. The approach taken by the U.S. is similar to that taken by most countries, while Singapore’s approach is most restrictive.

In an effort to limit the spread of the coronavirus within their borders, several countries have provided guidance to, and in some instances, placed requirements on domestic employers related to employees traveling to China. In most countries, governments are recommending to businesses that they refrain from sending employees to China. The Singapore government has placed specific requirements and restrictions on businesses for employees entering the country from China. Read More

The Importance of a Global Mobility Strategy for Growth Driven Companies

| February 14, 2020

Today’s talent shortages are likely to continue unabated for years to come, and to be successful, a growth-driven company needs a global talent strategy. Mobility can be an important component of such a strategy.

In the U.S., nearly 6,000 Boomers leave the workforce every day, according to the Pew Research Center, and for companies looking to fill senior management roles, the succeeding Generation X is a markedly smaller group. At the younger end of the workforce, the Millennial generation is even larger than the Boomers, but there are still too few to meet the demand for specialized talent.

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China Travel Advisory

| February 3, 2020

China travel advisory for USABecause of the growing global threat posed by the coronavirus, the U.S. State Department has issued a Level 4 China Travel Advisory (Do Not Travel). For Americans currently in China, the U.S. Centers for Disease Control and Prevention (CDC) offers the following guidance.

China – Level 4: Do Not Travel

Do not travel to China due to the novel coronavirus first identified in Wuhan, China. On January 30, the World Health Organization (WHO) determined the rapidly spreading outbreak constitutes a Public Health Emergency of International Concern (PHEIC). Travelers should be prepared for the possibility of travel restrictions with little or no advance notice. Most commercial air carriers have reduced or suspended routes to and from China. Read More

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