By Mark Woefel, GMS, Vice President, Global Client Services The CapRelo Insider provides a glimpse at news, trends and happenings in the global mobility industry and those affecting the industry. Our experienced and tenured client services team provides updates and analysis direct to our clients, along with policy and program recommendations that are best for your company and employees. To
Travel restrictions cautiously lifting in Asia and EuropeBy CapRelo Although blanket passenger bans continue to be in place for some locations, in general travel restrictions are gradually and cautiously lifting in Asia and Europe. This relaxation has been accompanied by both mandatory quarantine periods and the introduction of new medical measures. Over 30% of countries have introduced medical
Observations, Global Travel and Immigration ImpactsBy CapRelo Communication and collaboration across the industry throughout the pandemic, and into the future, positions mobility to remain a critical element in the support of business and talent development goals. Questions on specific cases should continue to be directed to your Client Services contact or to info@caprelo.com.
By CapRelo A new decade brought optimistic economic opportunities. With that came multiple challenges, such as securing talent, focus on the employee experience, data and technology—and how to be more strategic in our organizations. Join us Wednesday, June 3, 2020, at 2:00 p.m. until 3:00 p.m. EST for our Global Mobility Leadership Webinar:
Global Mobility Updates—Industry InsightsBy CapRelo With lockdown measures being relaxed in phases, we are observing an uptick in moving activity. Questions on specific cases should continue to be directed to your Client Services contact or to info@caprelo.com. Many clients are beginning to transition employees back into the office in a
By CapRelo Table Of Contents What is a lump sum relocation package? What is covered by the lump sum? How are lump sum relocation packages negotiated? How are relocation package lump sums paid? Types Of Lump Sum Relocation Packages How Do Lump Sum Relocation Programs Benefit Businesses? What Standard Procedures are Companies Following? The Trade-offs of Using Lump-Sum Relocation Packages What
By CapRelo What is Gross-Up? A gross-up is when the employer offers an employee the gross amount that will be owed in taxes. This additional gross income helps to relieve the employee of the tax liability associated with relocation expenses. For example, if the relocation costs include $5,000.00 taxable dollars, the employer may pay a total of $7,500.00 so that the employee gets the full benefit
By CapRelo Employee transfer letters are given to employees who are being transferred to a different branch, department or location of their employer. The reasons for the letters is more than just common professional courtesy. Transfer letters provide employee and employer the "ground rules" of the transfer. Learn more about how to write an employee transfer letter with our free article.
By CapRelo Many employers offer bonuses or lump sums to employees agreeing to relocate. Relocation reimbursement expenses and bonuses are often offered as part of a job relocation packages. While this is a welcome benefit, it's important to understand the difference between relocation reimbursement and bonuses. Bonuses and employer paid moving expenses, such as house hunting relocation
By CapRelo Table of Contents What is a Relocation Package? What's Included in the Average Job Relocation Package? What Kinds of Job Relocation Packages are Available? Are Relocation Packages Common? Who Gets a Relocation Package? Relocation Packages are Good for Both Sides What is a Relocation Package? When a company offers an employee long-term employment in a location more than 50 miles