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
Tag: Domestic Relocation
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
Excerpted from Mobility May 2015
Professional athletes are a not-so-obvious audience for relocation services. Interestingly, enough, the players themselves are often responsible for their own relocation arrangements and expenses.
Chris Dingman, President of The Dingman Group, the leading sports relocation company, said: “According to the Collective Bargaining Agreements, across all 5 major sports, if it’s a trade then the team that receives the player is responsible for relocation expenses. Outside of a trade, like free agency, it’s almost always the responsibility of the athlete to pay relocation costs.” 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.
You’re relocating and have a few days to find your dream house – or at least a house you can call home. New homes sparkle, but older homes have character. Plus, you’ve been watching DIY shows on TV that have convinced you to give one a try.
Before you sign on the dotted line, there are some things everyone should consider when buying an older home.
Lead paint: If the home was built before 1978, the year lead paint was banned, it should be tested by a certified lead inspector. Lead dust is released when you sand or scrape old paint. Read More
Let’s face it: Relocating consistently ranks as one of life’s most stressful experiences. But in our global economy, relocating employees seamlessly is more important now than ever before.
10 questions to ask a relocation company:
1. Talent mobility – a phrase that has quickly become part of our daily business jargon – is the key to keeping the best and brightest committed to a corporation. TRC Global Mobility defines talent mobility as the movement of employees to where they are needed most, sometimes across the world, sometimes right next door. Will your prospective relocation company strategize with you on how best to use talent mobility to help your company achieve its broader strategic objectives?
According to the U.S. Census Bureau, in 2010 4.2 million more people worked from home than a decade ago, and no, they’re not all stay-at-home moms. The typical telecommuter is a 49-year-old college graduate — man or woman — who earns about $58,000 a year and belongs to a company with more than 100 employees.
At TRC Global Mobility, many of the employees we relocate spend at least one day a week – often more – working from home. Some more facts from the Census Bureau:
- About one in 10 employees who worked exclusively from home was 65 or older in 2010.
- About a quarter of home-based workers were in management, business and financial occupations.
- Home-based workers in computer, engineering and science occupations increased by 69 percent between 2000 and 2010.
- Mondays and Fridays were the most popular days to work from home for those who work both at home and at another location.
- Metro areas in the Southeast, Southwest and West had the largest percentage of workers who worked from home.
If the real estate crash taught us anything, it’s that the old rules don’t work anymore, especially for those dealing with a relocation. Recently, TRC has seen a number of transferees opting to rent in a new location rather than buy. Many more have stopped looking at a house as an investment, but rather the place they call home.
The New York Times recently conducted an analysis that found in many of largest metro areas in the United States – New York City, the San Francisco Bay area, Los Angeles, Boston, Miami and Washington, D.C. – prices have risen so quickly that buying property is beginning to look like a perilous investment, with some experts concerned that a price correction is in the offing. Read More
Relocating, no matter the distance, is stressful for everyone, including your pets.
“How to safely move pets is a question we are asked over and over again,” says Jerry Funaro, vice president of global marketing for TRC Global Mobility, Inc., a global mobility firm based in Milwaukee, Wis. “Pets are members of the family, and their safety and health is a critical part of a successful relocation.”
According to the Humane Society of the United States, pets are sensitive by nature: If you’re stressed, so are they. Relocating pets from the safe confines of your home takes understanding, care and an investment of time that starts long before moving day.
TRC has developed a 15-point checklist to make a pet’s transition to a new home seamless and less stressful. (If you’re planning to move a pet to another country, remember that rules and regulations vary widely from country to country. Some countries impose quarantine requirements and some make it very difficult or impossible to bring in specific breeds or pets in general. It’s important to research the host country’s requirements well in advance.) Read More
Part 1: Recognizing a Reluctant Renter
In the past, relatively few homeowners became renters. When they did, it was often a lifestyle choice, such as empty-nesters who sold their large suburban home and moved into a city apartment. Today this situation is much more common — and too often an effect of the current housing market and economic conditions.
Why Homeowners Choose To Rent
In the domestic relocation services industry, some transferees cannot sell their departure home and end up renting it out and finding a rental property at the destination. Others expect their time at the destination to be limited. Still others may have been spooked by the volatile housing market in general. The most delicate employee relocation situation centers on what we call “involuntary renters” or “reluctant renters”: homeowner transferees who manage to sell their home but cannot afford to buy another one. Overall, 67% of surveyed companies in Worldwide ERC’s 2010 Transfer Volume and Cost Survey are seeing a “somewhat” to “significant” increase in the number of homeowner transferees who are opting to rent at their new location. Read More