Controlling the Costs of Relocation

  Providing relocation assistance can involve many complexities including selecting a mover, providing help with selling a home and support beyond the move in the new location. With a global relocation however, there are additional concerns such as visas, international taxes and housing allowances, all of which may involve a high cost.  Cost control, which is nothing new to relocation managers,

Controlling Global Mobility Costs

Companies that provide global relocation assistance for their employees can expect the usual concerns from their employees, including selecting a mover, providing help with selling a home, support in the new location, and so on. With a global relocation, however, there are additional concerns like visas, international taxes, housing allowances and replicating previous living standards as closely

Don't Confuse Relocation Reimbursement With A Bonus

Many employers offer bonuses or lump sums to employees agreeing to relocate. While this is a welcome benefit, it's important to understand the difference between relocation reimbursement and bonuses.  Bonuses and reimbursable moving expenses are additions to the employee's taxable income, requiring employers to also pay standard payroll taxes such as Federal, State and FICA. In a lump-sum bonus

9 Measures to Control Global Assignment Costs

Recently, many companies have reduced, frozen or eliminated their relocation programs in an effort to save costs. However, to remain competitive, companies still need to place the best talent at the appropriate locations, and often that talent isn't available without a global transfer. In these instances, the proper management and oversight of relocation costs becomes imperative. Learn more

Corporate Relocation Policy: Relocation Tiers vs. Employee Status

If you are in the process of creating a corporate relocation policy for the first time or restructuring your current policy, one of the questions you may consider is how to differentiate your employees in a tiered policy. Find out more about how to save time and money by using tiered relocation packages in our free article. Designing Tiered Relocation Packages There are many variables to take

The Hidden Cost of Losing Key Talent During a Group Move

There are many corporate relocation costs to consider before a group move. Typically, easily quantifiable, up-front corporate relocation expenses are foremost in the minds of management and HR staff. Rarely is the cost of losing key talent considered.  Find out everything you need to know for an effective, low-stress relocation in our Low-Stress Relocation Guide. Here are just a few of the added

The Hidden Costs of Employee Relocation

Hidden costs can surface to cause problems at the worst possible time – often right in the middle of an employee’s relocation – and may even prevent a successful transfer. These hidden costs can be monetary in nature or can be in human terms, and may not be readily apparent. Monetary costs are what usually come to mind when examining hidden costs, including things like utility reconnections in

3 Ways to Reduce Your Relocation Costs

Cost cutting has become a way of life in the corporate world. When relocation costs are reduced, the bottom line increases. Relocation expenses can drain other resource spending. Cutting back and controlling these expenses – without compromising the relocating employees’ experience – should be the goal of every human resource department. Unfortunately for many companies, this goal remains an

Three Strategies for Flexible, Cost-Conscious Relocation Management

While flexibility and lower costs may initially seem at odds with each other, the two often go hand in hand in the field of relocation management. In fact, a recent survey found that companies are citing cost concerns as their top reason for adopting more flexible relocation packages What relocation strategies can provide greater flexibility and lower costs, while leaving your employees with

Controlling International Relocation Costs

Companies planning to provide international relocation assistance for their employees can expect to have the usual concerns from transferees: selecting a mover, help with selling an existing home, support in the new location, and so on. In addition, there are also visas, international taxes, housing allowances, and replicating previous living standards as closely as possible. Other typical