“Compromise” is an important word in the real estate industry right now. Sellers may have to compromise on their asking price, offer sellers' concessions or take other steps to ensure the fast sale of their home. Buyers must navigate a tricky mortgage approval process that could involve extra paperwork, delays or interest rates higher than they could get a few years ago. But no one is
Do you have difficulties recruiting top talent in your field? Do you often feel as if you are reinventing the wheel every time you enter negotiations with a potential employee? Is the talent pool in your region thin? Do you have too many competitors vying for the best employees? These are just a few of the challenges that rapid-growth industries like healthcare, biotechnology, and alternative
Unlike private and publicly-held companies, the federal government has specific regulations and standards when it comes to relocating employees. Exceptions to federal relocation policies are extremely rare and require going through lots of red tape. This makes relocating civil service employees more of a challenge. Most federal employees are under a contract that may preclude them from refusing
Many surveys rank moving on the list of the top five stressors in American life, right behind death of a loved one, divorce, and illness. Even for top-level executives, work may suffer in the time prior to, during, and immediately following a move.When this occurs, the whole company may suffer loss of morale and loss of profits. A relocation management company can help make relocation a
When Peoria, Illinois-based Caterpillar threatened to move from the state due to income tax increases, it sparked a flurry of debate over corporate relocation and relocation tax incentives for companies. The threat actually hurt stock prices of the heavy equipment manufacturer, as well as reducing company morale and productivity. While Caterpillar's CEO stressed to Illinois governor Pat Quinn
The April issue of Globility magazine published two interesting, and somewhat conflicting, reports about the immigration of foreign skilled workers into the U.S. One Associated Press report stated that 1.2 million educated professionals from other countries can't find work in their field in the U.S. A second report stated that American business owners are willing to pay high visa fees, plus
Are you thinking about business relocation as a way to save money? Perhaps you're considering moving your corporate offices to a location where the cost-of-living is cheaper. You assume you'll pay less for a lease, reduce overall operating expenses, and recruit top talent for less money. But don't forget to factor in these important expenses when it comes to business relocation: Cost of
In today's job market, one might think it would be easy to find talent in nearly every region of the U.S. This may be true—or it may not, especially if your company works in a highly specialized field. If you are relocating your business, you probably want to keep some of your existing employees. It turns out, with the right support, employee relocation can be the more cost-effective alternative
What do you tell top prospects when they ask about your corporate relocation package during a job interview? Here are some of the key benefits included in a standard relocation package: Airfare/mileage, hotel, and rental car for the employee and their family for “scouting trips” to new location Household goods moving costs Temporary living for one month or more Temporary storage of household
During the real estate boom, the challenges of providing relocation assistance to employees had a completely different face. Homes sold quickly—usually at a substantial profit. With interest rates so low, most relocating employees could find (and finance) an even nicer home in their new region while lowering their monthly mortgage payments. For many people, the view was on the short term, with