Executive Relocation Made Easy for a Faster Return to Productivity

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

Company Relocation: Do Tax Benefits Make it Worth It?

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

Are International Corporate Relocation Costs Worth It?

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

Business Relocation: Three Expenses You May Not Have Considered

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

Employee Relocation - Everything You Need to Know

Employee Relocation: The Cost-Effective Alternative 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 to new hires. Find out more about developing relocation policies with our free guide. The Cost of Hiring Let's explore some of the costs involved

Relocation Package: How Does Yours Compare?

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

Relocation Assistance: The New Reality

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

Putting the “Service” Back in Relocation Services

When you think about relocation benefits packages for your employees, you probably think about the cost of things like Real estate services to buy and sell a home Household goods moving services Temporary Housing The physical relocation of employees and their families and pets All of these are key aspects, of course, of a relocation services benefits package. But there's an important question

Relocation Expense Management Made Easy

Relocation expense management is one of the keys to successful corporate relocations. But unfortunately, it's often one of the places where human resource directors who are not experts in corporate relocation often feel as if they are losing control.   If you provide a lump sum relocation package to employees, it may be easier to maintain a relocation budget, but it could backfire. For instance,

What a Relocation Specialist Can Do For You

When you hire a corporate relocation company, you'll enjoy a variety of services that only a relocation specialist can provide. With our staff of relocation specialists, CapRelo can handle a variety of tasks that previously may have fallen under the domain of your (already busy) human resources department—or simply fallen by the wayside.  For instance: Negotiating relocation benefits packages