Employers often go to great lengths to acquire and retain top talent. They offer competitive compensation and benefits, flexible work arrangements and opportunities for advancement. And when an employee has to relocate internationally for a position, an employer will typically provide relocation services that can include anything from assistance in selling his home and finding a new one to
Around the globe, employers are becoming aware that the low participation rate of women in the high tech industry has a negative impact on business. According to Sharon Florentine in her CIO article, “6 Ways to Attract and Retain Female IT Talent,” research shows that actively recruiting, retaining and advancing more women is good for a company’s bottom line. And when women are in leadership
Millennials—those born between 1980 and 2000—are far more interested in relocating for their careers than Generation X and Baby Boomer workers. In fact, Mary Lorenz, in her The Hiring Site article “Five Things You Might Not Know About Millennial Candidates,” cites a CareerBuilder and Inavero survey that showed that 83 percent of Millennials are willing to relocate for the right job that provides
In a global marketplace, the competition for finding and retaining talent is critical to your organization’s success. But long gone are the days you could quickly and easily fill vacancies from a vast pool of potential employees. The key now is to successfully manage talent on a strategic level and in partnership with your company’s global mobility experts. In fact, an effective talent
Employee engagement is a key driver of business success. According to a report by Harvard Business Review titled “The Impact of Employee Engagement on Performance,” a workforce that’s highly engaged with its employer improves productivity, maximizes human capital and reduces turnover, thereby positively impacting a company’s bottom line. A disengaged workforce, however, can contribute to low
In a recent Harvard Business Review article titled “The 3 Things CEOs Worry About the Most,”talent management issues were cited as the number one concern for 16 out of 24 CEOs. It’s no secret that many organizations are struggling to attract and retain the talent they need to grow their operations. With the labor landscape changing due to an evolving workforce that consists of an increasingly
What’s happening with ROI? According to a survey conducted by KPMG Global Assignment Policies and Practices 72 percent of 600 international organizations used global mobility programs to reach their business objectives and remain competitive in the global marketplace. However, only about 12 percent of the companies surveyed understood the need for controlling costs and what constituted a good
Why employees want to relocate According to a study by the job website Monster, three-quarters of international workers, including about 48 percent of American respondents, were agreeable to being transferred if the “job of their dreams” was involved. While 23 percent wouldn’t accept a transfer for any reason, 32 percent of respondents would even be willing to move halfway around the world.
We recently sat down with Patrick to learn more about his role at CapRelo and what he enjoys doing in his spare time. 1. Who is “Patrick Cacho?” – Where do you come from, what is your background, what do you do? I grew up in New York City and graduated from the City University of New York with a degree in Psychology. Soon after graduating from CUNY, I went on a business trip to Santa Barbara
Check out this video, which lists 3 tips for helping you write an effective employee relocation letter.