Recent Tweets

Follow Me on Twitter

Powered by Twitter Tools

Monthly Archives: July 2014

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 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?

Four Helpful Sites for Expats on International Assignment

Moving abroad for the first time can be overwhelming for expats on international assignments. They have different challenges than domestic transferees: cultural differences, language barriers and regulatory disparities are just a few of the obstacles that employees face while on assignment. HR professionals, relocation managers and relocation companies all do our best to adequately assess candidates prior to the assignment (are they right for the assignment?), and then prepare them for the experience. But, no matter how much we do for our assignees, we cannot walk with them through every moment. We can offer support and guidance, but we cannot join them in their adventure.

Housing Market: Top 10 Turnaround States

Earlier this week, I read a CNBC article and slideshow about the top 10 turnaround states in the nation as it pertains to their financial stability.  It’s pretty neat to see the 2011 rankings versus what is going on today, especially since it’s the housing market that seems to be driving the recovery.

Three Must Have Rental Assistance Benefits

Historically, relocation packages have focused on homeowners. However, since the economic downturn has made renting more popular, there are more transferees renting today. Further, we know that most Millennials are not yet buying homes for various reasons. For one, tight mortgage restrictions, a difficult job market and rising home prices has made home buying seem unattainable. Also, younger generations are enjoying the flexibility of renting, especially as rentals are now being built with great amenities.  Will this trend continue? It’s hard to say. At some point, the Millennials will dominate the workforce and should have the financial means to start buying. When that happens, there will be a substantial uptick in the market as the Millennial generation is as big as the Baby Boomer generation. For now, however, we expect to see the rental trend continue.

Search

RICK CALANNI
VP of Business Development Northeast Region

 

Site Tags

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |