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Your Transferee Must Do This One Thing Before Listing Their Home

The home selling process is at the top of your transferee’s list of stressful relocation tasks. There is a lot to consider and a lot to do both before and during the marketing period. Sure, your transferees know to clean and organize the1-thing-your-transferee-must-dohome and work on the curb appeal before the Realtor shows it to potential buyers, but do they know that they should take the time to talk to their local government to check on the accuracy of information on file?

To Stage or Not to Stage?

We all know time is money.  When it comes to real estate, this couldn’t be truer. While the sales price of a home may

Staging a Home

Photo credit: HGTV

not change, obtaining a sale quickly can save a considerable amount of money in the form of carrying costs and even loss on sale if the market is in decline.  One way to give prospective buyers a perception of the depth and functional usage of space is to furnish the home. As such, transferees may request additional monies for staging the home as a part of the home marketing benefit. Should you comply?

Where Has the Human Side of Business Gone?

It’s been a long time since I’ve written a blog post but, today, I want to talk about change. As anyone in relo knows, this industry changes often, sometimes overnight, as the world fluctuates around us.

I’ve been in the relo business now for over 30 years and have certainly seen many changes, some good and some very hard. As Disraeli’s famous quote goes, “Change is inevitable. Change is constant”.  It is undeniably a true statement.  Change is how we grow, evolve and get better.

Three Issues to Tackle to Make the Relocation Decision Easier for Transferees

When it comes to relocation, I think we all want the same thing: an employee that is happy, focused and engaged in their work at the new location. With the ever-changing relocation environment and a less than ideal economy, however, many companies have made major cuts to policies offered to transferring employees. In addition to corporate changes, the same issues have led employees to evaluate relocation opportunities even more carefully than they have in the past. So, the question is, how can you design relocation policies to fit your company budget but also attract your necessary talent?

A Vocabulary Lesson for Home Buying Transferees

My fiancé and I are inches away from closing on our first home. It has been a whirlwind of an experience, especially as we plan a move in the middle of the busy summer season. While I was pretty well informed going into the Home Buying Vocabularytransaction (several years in the relocation industry helps with that kind of stuff), I still learned a lot throughout the process and it made me realize, I’m probably not alone. With transferees moving all around the country this season, I thought today would be a good time to go over some standard real estate lingo that your employees will encounter if they are buying a new home at destination.

Brexit and Global Mobility

It’s an obvious fact that Britain’s vote to leave the EU will have repercussions here in the states. We are already recognizing an impact on US mortgage rates, and though there is still quite a bit of uncertainty regarding how the decision will impact HR, most companies foresee some major issues in the realm of talent retention and definitely global mobility. The largest implications in terms of mobility will undoubtedly include both household goods management and visa/immigration.

Five Ways to Celebrate the 4th of July Abroad

 

It’s easy to get swept up in the fun of Fourth of July celebrations here in the states. Who doesn’t love a day off and a BBQ with fireworks to top it all off? But it’s important to consider your Fourth of Julyemployees who may find themselves out of the country during a purely American holiday for the first time. Many expats will face a common challenge this year: How can they celebrate Independence day without coming across as culturally insensitive in their new home? As an assignee, it’s important that your employee considers their surroundings when planning any sort of celebration.

HR Interview: Global Mobility

Frank Schuitema is the Director of Global Compensation for International Flavors & Fragrances Inc (IFF) in New York, New York. IFF is a leading global creator of flavors and fragrances used in a wide variety of consumer productsFrank Schuitema to millions of customers globally on a daily basis. Frank is responsible for the design, implementation, planning and administration of all non-executive compensation programs including job evaluation, benchmarking, market reviews, salary structure and variable pay and the administration of executive compensation programs. He also oversees the management of the global mobility program for IFF.

Expert Interview: Temporary Corporate Housing

Everybody within the relocation industry knows that temporary corporate housing plays a major role in transferee Kelly Reganexperience. Finding a new home at destination isn’t always a cake walk and for many, temporary housing is a vital benefit. A couple of weeks ago, I had the privilege of picking the brain of Kelly Regan, Executive VP of GO Furnished Housing. It’s so valuable to gain insight from our trusted vendor network here at XONEX and I knew that her experience in the corporate housing world would be valuable to not only those on the RMC side, but also those of you in HR and procurement.

How to Explain Delivery Spreads to Your Transferees

Aside from selling their home and finding a new one, the household goods moving process is the most stressful aspect of your employees’ relocation process. There are a lot of details and steps involved in ensuring the move goes smoothly and in a timely manner. While your relocation provider will spend time explaining each step, should the Household Goods Movinghousehold goods move be included in the transferee’s policy, it is always a good idea to provide your transferee with as much helpful information as possible as the employer as well. The purpose is to manage expectations, especially during the height of the busy moving season. One of the biggest issues people tend to have regarding the household goods move is the concept of a delivery spread. So what exactly is a delivery spread?

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