If you're relocating your business, you probably have a ton of concerns. Will your business grow as you expect in the new region? Or is expansion the right decision right now, in this slow-growth economy? The actual corporate move -- and relocation of your top talent -- shouldn't be another cause for concern. Hiring the right business relocation company can take a lot of stress off the minds of
Richter Consulting, Inc. recently published an article regarding some of the reasons for -- and risks of -- business relocation. The article also shared three ways companies can minimize the financial and cultural risks of a move. They just happen to be some of the core values that CapRelo brings to our business relocation services. 1. Planning - Corporate HR staffs are often too busy to
If you are revamping your executive relocation policy or even instituting a new executive relocation package, and are going with a lump-sum approach, you may have more flexibility than you imagined. As the name states, a lump-sum policy means that each relocating employee will receive a specific amount of money to cover moving costs. Out of this lump sum, the employee might pay for: Closing
Relocation management companies are in a competitive industry, providing extensive choices to interested parties. It's easy to find a relocation management company that will handle all aspects of your corporate relocation services, understands finance issues like tax gross-up, and has processes in place to assess the effectiveness of your employee relocation packages. What it's not so easy to
Many companies today are looking to reduce executive relocation costs through programs like lump-sum relocation packages or simply eliminating executive relocation expense reimbursement or payments entirely. However, this can reduce your company's strategic advantage in the marketplace because you're limiting the company's ability to recruit and retain top talent to your area after a corporate
The decision to relocate your corporate offices is not one to be taken lightly. Whether you are moving in pursuit of a larger facility to help your company grow, or relocating to better manage your budget in an area with lower labor and manufacturing costs, there's a price to be paid for corporate relocation. Business leaders who seek corporate relocation assistance will find themselves in a
There's a lot to think about if your company is considering going to a lump-sum employee relocation package rather than reimbursing moving expenses for relocating employees. Here are a few factors you may not have considered. Employee satisfaction may be lower when employees are left to manage their own funds, as with a lump-sum relocation package. Employees looking to save a few bucks (and
When you're shopping for employee relocation companies, there are multiple ways you can judge a company. But one of the most important is how a relocation management company treats its clients. You can gauge this in a number of ways. Culture of Service in an Employee Relocation Company 1. Do the employees communicate well with each other? How the employees of a corporate relocation company
If you're considering moving your entire business, it's important to consider the real costs of corporate relocation. Some reasons to move may include: To place your company in an area with access to more and better talent To move to an area with better distribution channels To move to an area that provides lower operating costs To take advantage of tax incentives or benefits offered in
A new survey from Worldwide ERC reveals some interesting statistics regarding the prevalence of a tiered relocation program for new hires. The information was collected from 184 Worldwide ERC members in September and October of 2010. This survey represents the first time Worldwide ERC has conducted a survey like this since 2007. Since that time, tiered relocation programs have grown