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

[Video] A Cheat Sheet for HR Managers: 7 Keys to Employee Relocation

Please enjoy our video, "7 Keys to Employee Relocation: A Cheat Sheet for HR Managers."

Avoid Five Common Errors in Relocation Policies

Employers with multiple global locations need effective employee relocation policies to attract and keep the most talented staff available. Relocation policies can be designed in any fashion the company chooses, but many employers make some common mistakes that hurt the effectiveness of their programs. Avoiding the most "popular" errors increase the competitiveness of relocation programs while

Turn Poor Relocation Policies into Competitive Programs

Most multi-location employers realize they need relocation policies to maintain their ability to attract and retain talented employees. Unfortunately, some relocation programs are incorrectly designed. This situation often causes two problems: The policy does not address the primary concerns of relocating employees and new hires. The employer incurs costs without getting full value for money

How does a loss on sale relocation work?

Loss on sale relocation features are at the forefront of competitive corporate relocation policies. Transferring employees need and appreciate this relocation feature, so employers whose policies lack this provision risk higher turnover of valuable employees and increasing difficulty attracting talented new hires. A recent survey by the Worldwide Employee Relocation Council® (WERC) indicated

How To Reduce Your Relocation Costs

In a tight money environment, cost cutting becomes a way of life in the corporate world. When relocation costs are reduced, the bottom line increases for company shareholders. Relocation expenses can drain other resource spending. Cutting back and controlling these expenses, without compromising the relocating employee’s experience, should be the goal of every human resource department.

Do Your Employee Loss-on-Sale Relocation Policies Need a Second Look?

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 making the decision to

Do Your Employee Loss-on-Sale Relocation Policies Need a Second Look?

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

4 Ways to Improve Retention with a Better Employee Relocation Policy

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