What is a Relocation Package & What Should it Include?

WHAT IS A RELOCATION PACKAGE? When a company offers an employee long-term employment in a location more than 50 miles from the current work location, a company may offer a relocation package. This usually covers the employee’s reasonable moving and other work-related expenses. By offering transferees a relocation package, employers provide comprehensive financial and other types of assistance to

What Do you Need to Know Before Writing a Relocation Letter?

Relocation letters have two primary purposes. Fortunately, you need not spend hours researching data or statistics to get the information you need to create a good relocation letter of understanding. The two major features of relocation letters accomplish these goals. Inform the employee or new hire about the terms of the relocation. Motivate the transferee to have positive feelings about their

Managing Relocation Suppliers

Supply chain management is critical in the relocation industry. Just one issue in the supplier network can disrupt one or even several employee relocations. As a result, many corporations and government agencies utilize the services of a relocation management company to manage suppliers. This takes the challenging task of researching, qualifying and managing suppliers off of your shoulders.

What Information Do you Need Before Writing a Relocation Letter of Understanding?

Relocation letters have two primary purposes. Fortunately, you need not spend hours researching data or statistics to get the information you need to create a good relocation letter of understanding. The two major features of relocation letters accomplish these goals. Inform the employee or new hire about the terms of the relocation Motivate the transferee to have positive feelings about their

Relocation Paperwork You Can Expect To See and What It Means

Relocation services are there to simplify the process of transferring employees from one location to another. Ultimately, it’s the goal of the relocation management company to pave the quickest, least disruptive path between Point A to Point B so that the transferee can experience as seamless a move as possible, with minimal stress and worry. Learn more about developing relocation policies in

Effective Business Performance Measurements for Your Corporate Relocation

If you're in the process of selecting a corporate relocation firm to manage your company's corporate relocation policy, you may have a lot of doubts: How will I know the corporate relocation management company is acting in my best interests? What can I expect from a corporate relocation firm? How will I know if the company is fulfilling its agreements? How can I get the best value for my money

Employee Retention Solutions That Work in Lean Times

It's the classic Catch-22. Unemployment is at an all-time high, but employers say they're having more difficulties than ever before in recruiting and retaining high quality talent. What's the answer? Many employees and people looking for work today say employers expect too much (work), in exchange for too little (pay, benefits and job support). Obviously, the best way to avoid the expense and

Finding Corporate Relocation Companies with the Resources You Need

Corporate relocation companies come in all sizes, shapes and forms. Some rely heavily on technology to get the job done. Others focus on superior customer service, going above and beyond to satisfy high-level executive clients who are relocating. Others have strengths in the financial management aspects of relocation, pulling out all stops to get clients the most bang for their buck in tight

What are Your Biggest Employee Relocation Costs?

Have you ever considered the items that are your biggest employee relocation costs? An employee relocation expense can be broken into one of several categories: Household goods and people and pet moving Temporary housing Scouting/recruiting tours Expenses related to spouses, children or elderly parents Real estate expenses (buying and selling a home) Miscellaneous expenses (utility turn-on,

How to Beat the Stress of Relocation in the Current Housing Market

These days, there’s enough worry about the real estate market without having to overburden your employees with the stress of relocation. For many of your employees, the notion of uprooting their lives to follow a greater job opportunity halfway across the country is simply not an option – or least not one they’ll enter into eagerly, considering all of the work they’ll need to put in to find a