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Can Big Data Bring Relocation into the Future?

Who out there went to the recent Worlwide ERC Global Workforce Symposium in Chicago? I think it’s one of the best relocation conferences and events every year. We had a great time in the “Windy” city, which has a lot of history, skyscrapers and great places to eat. Fun fact: did you know that the Hilton Chicago (where the conference was held) is a famous landmark that overlooks Grant Park, Lake Michigan, and the Museum Campus? It is also the third-largest hotel in Chicago and has the largest total meeting and event space of any Chicago hotel. The hotel has housed every president of the United States since its opening in 1927!

2014 HR Technology Conference: The Digital Impact on HR

Hello from the 2014 HR Technology Conference in Vegas! I hope you are having a great show.

Yesterday, I had the opportunity to sit in on a discussion about how the digital environment is impacting strategic HR. Check out the video below for my take on how we can use marketing best practices to segment employee populations for more meaningful benefit delivery and career pathing. Agree or disagree? Please share your comments below.
 

Four Rules for C-Suite and Senior Executive Relocations

So, you have built your relocation program with multiple relocation policy tiers, addressing the various elements of your organization.  Although there are always the typical exceptions (additional temporary living, home finding trips, storage, etc.), for the most part your program is running smoothly. That is, of course, until you receive a call or meeting request to discuss a senior level executive who is relocating. 

Free Whitepaper: How to Talk to Your CFO about Relocation

Out of all the executives in the c-suite of an organization, the Chief Financial Officer (CFO) can be the most intimidating. We’ve all been there, right? You are running a program that goes over budget and, all of a sudden, the CFO has taken notice and is knocking on your office door. As your brain starts to work on calculations and an explanation all at once, you may find yourself a bit…panicked.

How to Switch Relocation Companies with Transferees In Progress

When you decide to part ways with your former relocation provider, there’s some work to be done. Of course, you have to go through the RFP process to select a new relocation company. But, it doesn’t just end there. There’s always a transition period as you move from one relocation company to the next and, depending on timing, your transferees can get caught up in the mix. 

The Buyer Value Option is Still a Relocation King

Last week, I talked a little bit about real estate transactions and how they should be implemented, specifically in a Buyer Value Option (BVO) program. In response, I received a few questions about whether or not the BVO is still the best home buyout program in this economic climate.

How to Have a Successful Real Estate Transaction (BVO)

With summer winding down, I’m surprised to see that there are still so many homes on the market. On my way to work this morning, I counted more than 10 for sale signs! It made me question whether we are seeing so many signs because the market is back, or whether we are seeing signs because homes are not selling. My conservative nature is pushing me to the latter but, at the same time, we haven’t been having too hard of a time unloading homes here. So, maybe it’s a little of both. It could also be our approach here. We are pretty meticulous about the way we handle real estate transactions during relocation.

Happy Labor Day!

After a very hectic and busy summer, Labor Day is the relocation industry’s first sign of deceleration. But Labor Day is much more than that of course.XONEX Relocation

Labor Day is a day meant to recognize and celebrate the contributions that employees have made to the organizations they work for and the communities they live in.

Thank you to everyone at XONEX Relocation for their hard work (this summer and every day) and to our valued clients for choosing to partner with us. We hope everyone has a lovely, restful and well-earned holiday.

Happy Labor Day!

Have You Defined Your HR Technology Needs?

I think it’s safe to say we live in a digital world now. Technology is the backbone for so much of business today that every position in every company is touched, in one way or another, by multiple forms of IT. But, as technology conversations infuse our daily lives, I’ve noticed that the discussions are rarely specific, defined or realistic. What do we really need out of our HR technology?

Employee Retention Pitfalls after Relocation

We’ve talked quite a bit on this blog about payback agreements. Oh, the payback agreement. We both love it and hate it at the same time. Is it a necessary evil? Perhaps. We certainly don’t believe that companies should spend thousands, if not hundreds of thousands, of dollars on a relocation if there is a risk that the transferee will resign before the contracted period is up. Putting aside financial concerns for just a moment, however, I think we need to take a closer look at why payback agreements are so prevalent (94% of companies require them) and if there is a better, more effective way to ensure that talent stays on board after a transfer or assignment.

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