What Are the Benefits of a Tiered Relocation Policy?

Most corporate relocation policies come in one of two overall primary designs: Single or tiered programs. One, the single policy, is the easiest to administer and implement. Another, the tiered policy, is typically more attractive to employees, whether new hires or transferred current staff. Depending on your industry, competition for talent and relocation "volume," either a single or tiered

Single Policy Characteristics vs. Tiered Policy Characteristics

Employer relocation policies, whether single or tiered, must be thoughtfully planned by senior management, in cooperation with HR, finance and tax departments. Corporate policies will determine the success, acceptance and attractiveness of employee relocation strategies. The best way to ensure employer policies are successful is to make them IRS compliant, mirror the company's corporate culture,