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Top 50 Relocation Questions: Part 2 of 5

Last week, we began a 5 week series to go over the 50 most common questions we receive from transferees and the answers that we provide on a regular basis. This week, as promised, it’s time to go over questions 11-20.

Top 50 Relocation Questions: Part 1 of 5

Every year, we move thousands of corporate transferees around the globe. Some are homeowners, some are renters, some are domestic and some are international. We handle group moves, family moves, individual moves, temporary moves and even permanent moves. As you can probably imagine, we have fielded just about every transferee question pertaining to relocation there is … even some real stumpers! As we are gearing up for the busy relocation season, it dawned on us that we should be documenting all of the questions we receive and the answers we provide so that we can share it with you, as well as our transferees. If you have ever wished for a desk reference of frequently asked relocation questions so that you can respond to your employees, this five week blog series is for you.

How to Project Relocation Costs More Efficiently

With relocation busy season around the corner, relocation managers are probably dusting off their policies and taking a good look at relocation budgets. But, how realistic are those budgets? One of the biggest challenges that human resources and procurement managers face is the difficulty of designing a proper relocation budget and then sticking to it when the rubber hits the road. That’s why clear cost projections are the linchpins that connect cost containment with adequate relocation benefit delivery. In order to ensure clear projections, its critical to get the most accurate view of anticipated costs right out the gate, preferably before an offer has been extended to the potential transferee.

The Benefits of Relocating Transferees in December

I know that your busy relocation season is usually over the summer. Your transferees’ kids are out of school, so moving them to a new city is easier without having to pull them from the middle of a school year. But companies change and grow all year long.  Business doesn’t stop because of winter weather or holidays – at least not for more than a few days. While your company may not relocate quite as many people over the winter months and the holiday season, that doesn’t mean you don’t have transferees mid-move, looking for a new home in a new city. Luckily, there are several benefits to both relocating and buying a home at the end of the year.

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?

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?

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.

Airbnb for Home Finding Trips

The more I use Airbnb for travel, the more I fall in love with the concept. Airbnb is a travel site that allows people to rent out private rooms, apartments, or even entire houses for a select period of time. Now think about this: The home finding trip is essential in your transferee’s search for a new home at destination. They need to be armed with plenty of information and resources to ensure they select a home that will work them and/or the whole family. Since the whole home marketing and home finding process can take such a big toll on transferees, why not present them with options that turn the home finding aspect into something desirable and fun?  

Don’t Trust Temporary Living Lease Terms

Yep, we said it. At times, temporary living is a necessary evil, as opposed to a relocation benefit. Semantics, to be sure, but nothing turns us off more than landlords or property management companies who pack their lease agreements with fine print clauses designed to “trap” distracted transferees into a longer lease term and/or additional fees. It’s a shame and it’s bad business but, unfortunately, it happens.

Free Whitepaper: 10 Temporary Living Rules to Live By

We’ve been talking a lot about temporary living lately – and with good reason. As we know, temporary living is one of the bigger line items in the relocation budget.  Employers, capped-budget transferees, and even those who really do care how much their move costs their company (yes, some really do!) can find themselves sticker shocked from temporary living totals.

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