CapRelo Blog

The challenge companies face is how to successfully move the business, while being able to maintain a continual level of business operations. If you are not able to maintain the same level of business that you are used to, you are going to lose revenue and potential customers. It's imperative to approach the group move the same way you would handle any other business decision, but with a relocation program it can be easier than ever before.

Updating your corporate policies is often an overlooked necessity. Not only does it seem unimportant to the inundated, plenty of executives simply don't realize how critical having up to date policies is for the success of the organization. This is particularly true when it comes to relocation policies. Best practices and tactics are always improving, therefore making certain your relocation policies are keeping pace is a must. Not only will updating your relocation policies save the company money directly, it will help you retain valuable employees. Just as you would consider using the latest tax saving tools come tax return time, the same should be said for having the most up to date and relevant company relocation policies.

You've run the numbers and it makes perfect sense to move your corporate operations to a new location overseas. But now you're faced with a unique challenge: moving and managing expatriate employees.

Are you familiar with the old tale about the chicken and the pig who wanted to make breakfast for the farmer? In short, the chicken made a contribution by giving up some eggs. But the pig...well, he'd have to make a real “commitment” in order to help out with the gift of ham.

In the business world, though, commitment is a good thing -- and rarely fatal! We all want “pigs” in our company -- people who will be fully committed to our company's mission and vision, whatever that may be.

Of course, in order to have employees fully committed to your company mission, you need to be clear on what that mission is. Once that mission's in place, you can show your commitment to your employees in other ways. And, one way to gain committed employees is to show employees that key senior staff are committed, too.

The fear of losing money on a home sale is one of the key factors that keeps employees from wanting to relocate. It's a valid fear in today's market, especially if employees homes are already “under water” (that is, they owe more on the mortgage than the home is worth) due to increased interest rates, second mortgages or home equity lines of credit.

Every company today has a responsibility -- and multiple opportunities -- to put green practices in place. Corporate relocation service companies are part of an industry leading the charge when it comes to green initiatives.

We are very excited for the Worldwide ERC National Relocation Conference in San Antonio to begin. Because everything’s bigger in Texas, we invite you to participate in our big Texas-themed online scavenger hunt starting April 9th.

Thinking of relocating your company with the help of a company relocation service? In addition to providing support before, during and after the move, helping you select service providers and sub-contractors, and setting best practices and benchmarks for employee relocation packages, a company relocation service can also help you determine if a move is the best idea right now.

One factor to consider when contemplating a corporate move -- with or without the help of a company relocation service -- is grants, tax credits and other incentives available when you relocate.

If you work with a relocation management company prior to, during and after your company's strategic relocation, the relocation management company helps you determine the most cost-effective way to organize your move. The relocation management company also helps you consider all the factors to help you decide if a strategic relocation really is the strategic (and most profitable) choice.

Are you opening new offices? Is your HR staff debating the pros and cons of recruiting new talent in the region of your new facility vs. relocating trained, experienced staff from your current location? The question of whether it's cheaper to recruit new talent or relocate existing staff is one you should keep in mind when setting your employee relocation policy and when structuring relocation packages.