Companies offer relocation packages to their employees in tiers to help control relocation costs. Tiered packages are often established to address a variety of complex issues, but essentially it means that what is offered to one employee may not be offered to another. A company trying to retain existing employees or attract prospective talent may find they are able to offer more attractive
Offering market-driven relocation packages to potential new hires and current employees is one of the best ways to attract and retain the best talent in your field. Cost-effective relocation packages show employees that you’re prepared to invest in their future and that your team cares about making their transition as smooth and comfortable as possible. For organizations in all industries,
According to the Bureau of Labor Statistics, healthcare is the fastest growing industry in the U.S. With an annual growth rate of 2.6 percent, the sector is expected to add five million jobs between 2012 and 2022. Thanks to the consistent demand for talent in both public and private healthcare organizations, healthcare professionals are in a good position in the labor market. They don’t have to
The shortage of talent in the tech industry is the topic of many articles and debates. According to Laurianne McLaughlin in her article titled “The IT Talent Shortage Debate,” a survey by InformationWeek showed that 73 percent of companies with fewer than 1,000 employees and 88 percent of organizations with more than 1,000 employees agreed there’s a talent crunch. That’s why in recent years,
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
Creating a strong relocation package for your employees is key to attracting and retaining top talent. So how do you determine if your company's relocation policies are up to par? Consider the following five features that distinguish the most attractive relocation packages from the weakest. Learn more about developing relocation policies with our free guide. 1. Comprehensive, Not Complex The
Please enjoy our video, "7 Keys to Employee Relocation: A Cheat Sheet for HR Managers."
If your transferees are moving during the upcoming holiday season, here are seven tips and suggestions you can share with them to make their move and holiday season more joyful. When sending out your holiday cards make it a “two-fer” and let everyone know of your upcoming move as well. Make sure to use your new address as the return address. This is an easy way to make sure everyone knows that
Best practices have become a 21st century buzzword as an anthem for all areas of business, from HR to investment policies. Unfortunately, its common use has created numerous misunderstandings, if not outright phrase abuse. Relocation best practices are a graphic example of its misuse. Traditional definitions of best practices are suffering the fate of the dinosaurs with relocation policies in
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.