What is Employee Relocation?
Employee relocation occurs when a company chooses to move a new or existing employee from one location to another, and will often entice them with certain benefits to help make the move smoother and more affordable. The reasons for relocating an employee can include to open a new location, fill an open position in another location, career development, and more.
Employee relocation, also known as global mobility and corporate relocation, is an important task that allows employers like you to remain competitive in your search for top talent. The relocation industry exists to help you manage and move your best and brightest talent to wherever they need to be in order to increase personal performance and company revenue.
Relocation benefits often include pre-decision counseling (i.e., is this move right for them?), departure and destination assistance (such as selling a home, finding a new home), and a household goods move (which can be via rental truck, van line, or air freight). However, you can choose the level of benefits each relocating employee will receive based on criteria important to you, such as employment level, homeowner status, or any other criteria you deem critical in creating what we call relocation policies. Relocation policies are like workflows that dictate what each employee will receive for benefits, typically based on tier.
Employee Relocation Services
Employee relocation services, or benefits, are typically outlined in a relocation policy.
This takes the guesswork out of handling each individual relocation, and allows consistency within your program.
|For employee relocating within the US, these services might include a combination of any of the following:
||For those relocating internationally, services might include a combination of any of the following: