Relocation has a new look

Article Abstract:

Relocation of employees is not what it used to be. In the past, employees did not make a big fuss when they are asked to transfer to another area. They simply moved. However, things are not as simple as that anymore. Employees now have the option of refusing to relocate with their employer because they know that they can find jobs in another company at their present location. Another concern is the family of the employees. They may have spouses or partners who are also working and are not willing to give up their jobs, thereby preventing them from relocating. Their children and elderly relatives are other factors that may dictate whether employees will move or not. Employers can entice their employees to relocate by providing them and their family members with services that will make a transfer an easy undertaking. It is also suggested that a written relocation policy be developed to provide a guide for future transfers.

Management, Business relocation

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Heck no - we won't go! How to sell employees on relocation

Article Abstract:

Companies are finding it harder to look for employees who are willing to relocate to another area. This is in sharp contrast to conditions in the past when employees willingly transferred to another location if they thought that the move was best for the job. In the present scenario, employees are not as agreeable to relocations for a number of reasons. They may cite their spouses and families, dependents and old relatives as prime justifications for not choosing to relocate. Another probable reason is that they do not know what the benefits of a move are for them. Companies must acknowledge these valid concerns and address these issues before they can hope to persuade an employee to move. Doing so will result in a situation that favors both the company and its employees.

Methods

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Five tips to cut relocation costs

Article Abstract:

Employee relocation costs often entail huge expenses for companies. Employee relocation specialists suggest that to minimize such costs, employers should cap the miscellaneous expense allowance, reduce reimbursements for discount points on new mortgages, manage well the tax coding for taxable and non-taxable income, give incentives to transferring employees to sell their own homes and provide a lump sum for expenses incurred while looking for a new home.

Finance, Relocation (Housing), Employee housing

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