Recent Tweets

Follow Me on Twitter

Powered by Twitter Tools

lump sum relocation

College Grads and Relocation

When I was a senior at the University of Delaware, springtime meant a lot of different things. Finding and applying for jobs topped that list. Colleges and universities are getting ready to close out the 2017 spring semester and college grads and relograduation is right around the corner for students all over the country, which means that thousands of young adults are getting ready to enter the workforce.  If you are planning to recruit new grads, it’s a good idea to consider relocation benefits. Even a little help for a recent grad can go a long way and I believe that providing relocation assistance will give companies a recruitment advantage.

3 Things to Expect During the Busy Summer Moving Season

With summer right around the corner, it’s time to gear up for a whirlwind of transferees moving their families around the world. Every employee will have their own unique moving experience but there are a few trends that stick out each and every year. So who is responsible for handling common issues? When a company works with a quality 3 things to expect this busy summer moving seasonrelocation management company, HR can rest assured that their transferees are well taken care of. However, that doesn’t mean that your company’s gatekeepers are totally off the hook. When it comes to relocation benefits, there is no one size fits all package, which means exception requests are bound to happen. Aside from selling and buying a home, the physical household goods move is the most stressful aspect of a relocation for your transferee. We are gearing up for 2016’s busy moving season, so I figured I’d share some typical but vital lessons.

The Rise of the Hybrid Lump Sum Relocation Policy

Lump sums are all the rage. And, they will continue to be a hot ticket item. Yep, we said it. While we are not the lump sum’s greatest fan, we wholly accept that many employers will be working to combine as many relocation services as possible into a lump sum component.  Predictability is, understandably, very important for managing budgets. But, on the other hand, predictability does not automatically translate into cost savings.  In fact, it could do just the opposite.

2014 Worldwide ERC Transfer Volume and Cost Survey

Every year, as you know, we like to take a look at the Worldwide ERC Transfer Volume and Cost Survey to identify relocation industry trends. We always write about some of the important highlights and, this year, we are excited because the numbers are optimistic.  We are also optimistic here at XONEX – we are excited for 2015 – and we feel that these trends are consistent with what we have been seeing here. Even though the survey collects data that is a year old (despite being a forecast) – this year’s data is from 2013 – I think it’s still relevant and interesting. Also, now that we are in 2015, we can see how close the survey actually was to reality (feel free to weigh in on the comments section.   Further, survey respondents include a broad range of respondents representing approximately 23 different industries including retail, manufacturing, insurance and more.

How to Get Creative with Lump Sum Policies

If you are on the East Coast today, you are probably as angry as I am about the weather. This winter has been so bad, it feels like Spring is never going to get here. At least if Puxatawny Phil has his way. And, sadly, the groundhog seems to be winning.  Blast that groundhog!

How to Make Your Lump Sum Programs More Efficient

How to Make Lump Sum Programd More EfficientAt the end of 2012, we issued an EBook on the Top 10 Ways Relocation Programs Lost Money in 2012. It was well received. HR managers and relocation experts should consider ways to save money now that 2013 has started and there is still time before busy season starts in April. As a partner to HR, we want to help cut costs and will continue to work on new ways to streamline the relocation process, reduce redundancies and tighten overall program management. 

Search

Site Tags

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