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Expatriate Management: Why Companies Explore Foreign Talent Pools

TRC Global Mobility | March 7, 2016

Global Mobility In order for companies to stay ahead of the competition in this global economy, they must leverage and optimize all the tools at their disposal. Talent is the most important of these tools and often proves to be the single greatest differentiator among companies in a crowded marketplace. Talent pools, like the economy, are global in nature today.

Seasoned expatriates can represent a particularly attractive segment of prospective talent as they often share valuable common characteristics that provide companies with key bottom line benefits. For example… Read More

School: The biggest challenge facing relocating employees

TRC Global Mobility | January 14, 2016

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

Five mistakes companies make when choosing an international relocation company

Jerry Funaro | November 6, 2014

To remain competitive and gain an edge, more and more companies are pursing the best and brightest talent around the world. While any move is stressful, an international assignment can be exponentially tougher. Choosing an expert international relocation company can reduce stress, increase satisfaction and reduce the risk of miscommunication and failed assignments. Read More

TRC Global Mobility Offers 15 Steps for a Stress-less Relocation for Your Pet

TRC Global Mobility | January 30, 2014

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

Register Now for Complimentary TRC Webinar, Africa Rising: Cultural Considerations for Working in Emerging Markets

TRC Global Mobility | March 15, 2012

– May 1 Webinar to Focus on How to Succeed in Emerging Markets –

MILWAUKEE, Wis. (March 13, 2012)

Working in newly emerging markets and economically developing countries presents unique cultural challenges. Understanding and managing these challenges is absolutely essential in order to realize the full potential that working in these regions presents.

Recognizing this, TRC Global Mobility (TRC), a leading relocation management company, will sponsor the webinar, Africa Rising: Cultural Considerations for Working in Emerging Markets, on May 1, 2012 from 2:00-3:00 p.m. EST.
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Cultural & Language Training in Relocation

TRC Global Mobility | October 12, 2011

Careful cultural assessment and training can mean the difference between a successful assignment and a costly, failed one. Companies commonly invest $1 million or more in an international assignment, yet about 30 percent of assignees end up returning early – and an alarming 70 percent fall short of the goals established for the assignment. Too often, these failed international relocation assignments are blamed on poor housing choices, unhappy spouses and children or misdirected emotions, when in fact the real reason is cultural disconnection.

Select the right candidate

One of the mistakes companies commonly make is to pick the candidate with the best technical qualifications, with little consideration of how he or she (and his or her family) will function in a different location and culture. For example, it’s typically assumed that a hard-charging, effective New York executive will be equally successful in Tokyo. In fact, taking an employee out of his or her comfort zone can disrupt both professional and personal rhythms, upsetting the family unit and compromising workplace effectiveness. To succeed in a markedly different environment, the candidate (and his or her family) must possess flexibility and a sense of adventure.

Before an offer is made, a certified cross-cultural training provider can use targeted tests and exercises to assess the family’s flexibility and adaptability for an international assignment. Human resources professionals and hiring managers can use this information to determine the likelihood of a successful assignment and even to build a pool of vetted, prospective assignees.

How to Optimize Your Company’s Relocation Tax Assistance Policy

TRC Global Mobility | June 21, 2011

Relocation Tax Assistance: Part 1

A substantial and often hidden expense

relocation tax assistance Tax assistance is an expensive and sometimes hidden cost of corporate relocation programs. In fact, it’s the third most expensive benefit in a relocation program, on average, after home sale and household goods.More specifically, the 2008 Worldwide ERC® Transfer Volume and Cost Survey reported that it cost an average $76,600 to move an existing employee, of which more than 10% was spent on employee tax assistance benefits. It can cost more to provide tax assistance than to pay for an employee’s house hunting, temporary living and final trip expenses combined!

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