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
Tag: TRC Global Mobility
Positioning the company for continued growth
MILWAUKEE, Wis. February 11, 2014 – TRC Global Mobility (TRC), a leading talent mobility company, is pleased to announce several management changes and promotions:
Sean Lickver, CRP, GMS, has been promoted to Executive Vice President and will assume responsibility for TRC’s day-to-day operations. He works with the Chairman in setting the strategic direction for the company, and oversees the senior leadership team to ensure that TRC’s resources are optimally deployed to support the company’s mission and objectives. Lickver also oversees the company’s performance against key metrics; evaluates the performance results to ensure departmental and organizational goals are met; and manages the company’s quality control initiatives. Lickver has more than 15 years of operations and management experience in the relocation industry. Before joining TRC in 2011, he held management roles at AIReS and Cendant Mobility.
Craig Mueller, CRP, GMS-T, has been promoted to Vice President, Global Business Development & Client Relations. In this role, Mueller leads TRC’s business development effort and acts as a strategic resource for clients and TRC account managers. In his business development role, Mueller is charged with expanding the market for TRC’s services and maximizing sales volume and revenue for the entire TRC sales team. In his client relations role, Mueller works with clients and TRC Account Managers to build and development these critical partnerships. Mueller joined TRC in 2009 and has over 20 years of relocation experience in business development, operations, management and consulting services. Earlier in his career, he held management roles with several relocation management companies.
Sean Lickver can be reached at +1.414-226-1601 or email@example.com.
Craig Mueller can be reached at +1.630-823-8234 or firstname.lastname@example.org.
About TRC Global Mobility
TRC Global Mobility’ comprehensive relocation and international assignment services empower corporations to achieve their talent management objectives in more than 150 countries worldwide. A stable, reliable partner, TRC brings clients more than 25 years of experience, a flat, transparent organization and an independent structure that supports fresh ideas and customized solutions. As an independent company, we’re free from corporate bureaucracy and preconceived notions. We are prepared to exceed your expectations of a relocation management company.
# # #
Jerry Funaro, CRP, GMS-T
Vice President, Global Marketing
Part 2: Cafeteria Relocation Benefits – Cost Savings
The Potential for Relocation Cost Savings
As we mentioned in the prior blog, a desire for flexibility is the most common reason for companies to embrace a cafeteria approach. However, the potential for cost containment can be another powerful motivator.
In a typical relocation program, companies might be providing “one-size-fits-all” benefits that employees neither want nor use. In a cafeteria program or a hybrid tiered/cafeteria program, benefits tend to be better aligned with actual needs, frequently with a cap on the total benefit amount. According to the Worldwide ERC® survey, Relocation Assistance: Transferred Employees, 45 percent of companies using a cafeteria approach place a ceiling on the value of the selections made. That figure has increased from 39 percent in 2004; the ceiling typically depends on the job level of the employee.
For companies more focused on cost containment, cafeteria menu items often are tied to the core home selling and home finding processes, with limited “soft service” options. An example would be a self-move package for a new hire.
Who Selects the Benefits?
A cafeteria approach does not necessarily mean that the transferee has the deciding vote. In fact, the Worldwide ERC survey, Relocation Assistance: Transferred Employees reports that in 84 percent of organizations with cafeteria plans, the business unit or division selects the specific benefits. This helps balance the employee’s wishes with the competitive environment and allows the company to tailor benefits to attract the best candidates for the position.
Navigating the Short Sale Process With TRC
TRC Global Mobility has worked with many companies and organizations to facilitate short sales. If a short sale is indicated, a transferee whose company is working with TRC should follow this process:
1. Contact the lender. The transferee must identify and reach the person who is responsible for handling short sales and who has the authority to make decisions regarding short sales. The transferee should try to determine whether the deficit will be forgiven by the lender. This part of the process can be time-consuming.
2. Submit a letter of authorization to the lender. To permit the lender to disclose personal information, the transferee must submit a letter with his or her name, the date, the property address, the loan reference number and the real estate agent’s name and contact information. This letter should introduce TRC Global Mobility as the third-party relocation company that will provide the transferee with a guaranteed buyout offer. The letter should give the lender permission to talk with interested parties about the sale of the home. Read More