Executive relocation services and relocation management companies like CapRelo provide a wide range of business relocation services, including the sale and purchase of real estate. But what if, for whatever reason, it is more cost-effective and expedient to set up temporary housing for your employees? There are a number of reasons employees may prefer temporary housing for a stay that will be
As you know from reading this blog, executive relocation services and relocation management companies like CapRelo provide a wide range of business relocation services, including the sale and purchase of real estate. But what if, for whatever reason, it is more cost-effective and expedient to set up temporary housing for your employees? There are a number of reasons employees may prefer
Want to hire a business relocation service, but are afraid of the costs? You can get tailor-made relocation management services with as little (or as much) outside involvement as you'd like. Maybe your HR staff is adept at providing relocation management services to your employees, negotiating packages and helping transferees integrate with the new environment. Maybe you've lined up service
One of the biggest expenses when relocating employees – in the case of individual employee transfers or relocating entire corporate offices – is surprise relocation costs. Emergency expenses no one predicted can blow your relocation budget out of the water, lead to frustrated HR staff and transferred employees, and hurt your company's bottom line. A relocation calculator can help accurately
Relocation Policies The fear of losing money on a home sale is one of the key factors that keeps employees from wanting to relocate. It's a valid fear in today's market, especially if employees homes are already “under water” (that is, they owe more on the mortgage than the home is worth) due to increased interest rates, second mortgages or home equity lines of credit. One way corporations are
In rare cases, when an employee relocates, market conditions and cost-of-living in the new location warrant a pay cut. This may be necessary to keep the transferred employees' salary in line with existing employees at the location, to avoid legal and ethical issues, and to maintain company morale. If the amount of pay cut would be very small, it's better to keep employees at the current rate of
Are you considering a relocation, either to promote growth and expansion for your company or to provide a better lifestyle for yourself and your employees? A professional relocation management company can help you calculate costs not only for individual employee relocations, but on a corporate scale. When you calculate relocation costs for your company, there are a number of factors to consider.
When employees sell their home, pack up their belongings, and move their family across the state, across the country, or even across the world in the case of an international relocation, you think that shows a level of commitment. You may think those employees are in it for the long haul. But that's just not true. Employee retention percentages often drop after a relocation, especially if the
Are you in the midst of offering relocation packages to some of your top employees or new recruits? Are you wondering what benefits those relocation packages should include? It's not an easy decision, especially when companies are looking to cut costs and keep budgets in check while retaining top employees who bring value to the business. In fact, devising fair and cost-effective relocation
Are you moving your offices or setting up a second branch in another state -- or internationally? National or international relocation services like Capital Relocation Services can help -- and not just in the ways you might imagine. When you move your corporate offices, you'll have a lot of tough decisions to make in regard to your workforce, salaries, retaining employees and recruiting new hires.