Month: July 2019

Categories
Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Domestic Relocation Trends Household Goods

What Should You Know About a Pet Move?

With 68% of American households owning a pet, chances are high that a relocating employee will include a pet move. There are many benefits to owning a pet. According to Animal Planet, some health benefits to owning a pet include:

  • Enhanced social skills
  • Less likelihood for children to develop related allergies
  • Decreased risk of heart attack and lower blood pressure
  • Healthier lifestyle from taking care of pets (walking dogs)
  • Increased companionship improves overall state of mind

What is a Pet?

A pet can be almost any kind of domesticated animal that is kept for companionship or pleasure, and may require a pet move, including:

Service Animals

Pets are distinct from Service Animals. Service Animals, according to the Americans with Disabilities Act regulations as published by the Department of Justice, are defined as any dog that is trained to do work or perform tasks that benefit an individual who has a disability.

Emotional Support Animals

Pets are also distinct from Emotional Support Animals, Therapy Animals, or Comfort Animals. These types of animals may be used as part of a medical treatment plan to treat conditions such as depression, anxiety, and phobias.

Points to Consider on a Pet Move

There may be times when a relocating employee must arrange for a pet move. This can be due to timing issues related to work travel or other business needs. A number of solutions are available depending on what is required. However, it is important to investigate the options as soon as possible and understand everything that is required in order to arrange the transport. With enough notice, a range of solutions may be available that provide the best option for a pet’s care and well-being during a pet move. It may also help relocating employees to look into training for their pets that might be traveling with them.

Ground Transport Points to Consider on a Pet Move

Shared Ride or Private Transportation

Ground transport for a pet move usually includes pickup at origin and delivery to destination. Usually, animal transportation services require a minimum of 4-6 week notice. Also, ground transport may be in a share-ride format, where pets are in transport with other pets. Should an employee’s pet not interact well with other pets, this may cause stress for the animal. Costs may be higher for private transportation.

Health Certificates and Microchips

Most ground transport firms require some form of interstate health certificate, verification of appropriate vaccinations, and other documentation to ensure the animal is in good health. Veterinarians should microchip all animals for identification. Some ground transport firms will send a complimentary microchip to the relocating employee’s veterinarian to implant during the examination needed for the health certificate. The International Pet and Animal Transportation Association has a number of helpful resources to review for a pet move. Many pet owners also choose to invest in pet insurance to cover the rising costs of veterinary care.

Air Transport Points to Consider on a Pet Move

Temperature Issues

While air transport may be available, it may be highly dependent on temperatures. Some airlines do not have temperature-controlled vehicles to take pets to and from the cargo hold on the aircraft.

Restrictions on Cargo Transport

Also, each airline has its own restrictions on whether pets can be transported in cargo. Costs are variable, as are space and type of transport. Some airlines have restrictions on the breeds of dog they will accept for cargo transport. Health certificates and vaccination records are usually required, and some airlines require the use of a U.S. Department of Agriculture (USDA) or International Air Transport Association (IATA) approved kennel. Even the size of a kennel may be an issue; some airlines will not accept large kennels, so air transport for larger animals may not be possible.

What Should Employers do About a Pet Move?

It is important for employers with relocating employees to know and understand issues relating to the concept of pets, Service Animals, and any other designations such as Therapy Animals, as they relate to the transferee. Relocating Employees with Service Animals may not be able to travel alone, so the relocation process must take the Service Animal into account.

Similarly, for all pets and non-Service Animals, employers should exercise care and concern on behalf of the relocating employee for these animals. Transferees and their family members usually consider pets and Comfort or Therapy Animals as a member of their family. Employers should extend the same level of service to these animals as they would to any other member of the relocating employee’s family. They should ensure safe transportation options are available, and consider all issues including health certificates.

Employers should work with a qualified and experienced Relocation Management Company (RMC) that can provide guidance for a pet move.  RMCs can help clients and transferees understand how to arrange for the best pet move transportation options and determine how to comply with pet shipping requirements for health certificates and other issues.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients understand how to help transferees arrange for safe and secure transportation for a pet move. Our team can help your company understand the issues involved with a pet move, and use appropriate pre-decision services to identify needs and requirements to ensure a smooth relocation process for the transferee and their pet.

GMS was the first relocation company to register as a .com, created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts. Contact our experts online to discuss your company’s interest in learning about solutions for a pet move, or give us a call at 800.617.1904 or 480.922.0700 today.

Categories
Buy a Home Home Purchase

Los Angeles Housing Options for Relocating Employees: Part 1, Condominiums

View of downtown Los Angeles from hillside above Lincoln Heights in Southern California.

Many of Global Mobility Solutions’ clients want to know about the Los Angeles housing options for their relocating employees. Los Angeles is a top destination for relocations. The city is also large in size as well as population, so knowing Los Angeles housing options is a priority for transferees and their families.

Los Angeles Facts

  • City limits consist of 469 square miles
  • Population is approximately 4 million residents
  • Density of population is around 8,500 people per square mile
  • Los Angeles Metropolitan Area population is approximately 13 million residents
  • The city is part of the “Southland” region with an estimated population of 18 million residents

Highlights of Los Angeles

Economy

Los Angeles is one of the most substantial economic engines within the US, with a diverse economy in a broad range of professional and cultural fields. A global city, it has been ranked 6th in the Global Cities Index and 9th in the Global Economic Power Index. The Los Angeles combined statistical area also has a gross domestic product of $881 billion (as of 2017).

Film and Television Industry

Los Angeles is the center of the nation’s film and television industry. Near its iconic Hollywood sign, studios such as Paramount Pictures, Universal, and Warner Brothers offer behind-the-scenes tours. On Hollywood Boulevard, TCL Chinese Theatre displays the handprints and footprints of famous celebrities, the Walk of Fame honors thousands of luminaries, and vendors sell maps to the homes of movie stars.

Lifestyle

Santa Monica, located west of downtown, has beautiful beaches and a vibrant nightlife. The beach is fringed by Palisades Park, with views over the Pacific Ocean. Santa Monica Pier is home to the Pacific Park amusement park, historic Looff Hippodrome Carousel, and Santa Monica Pier Aquarium. Hollywood, the home of the film industry, has music venues like the Hollywood Bowl, and Dolby Theatre, home of the Oscars.

Downtown Los Angeles has a number of excellent restaurants, museums, concert venues, sports arenas, and five-star hotels. Local favorite destinations include the Getty Center, The Grove, Griffith Park, and Olvera Street. Los Angeles was home to the Olympic Games in 1932 and 1984. It will host the Olympic Games a third time in 2028.

What are the Los Angeles Housing Options?

With all that Los Angeles has to offer, demand for housing is high. The city and the surrounding area offer many choices for housing, depending on location, interests, and preferences. Because the city is so large and diverse, there are a number of Los Angeles housing options for transferees to consider. These options include condominiums, single family houses, and apartments.

GMS spoke with Erik R. Brown of Douglas Elliman Real Estate, Realtor®, TV host, speaker, and author of “One in a Million: Everything You Need to Know to Find the Best Realtor®.” Erik agreed to share his industry knowledge and market expertise on Los Angeles housing options for relocating employees.

In part 1 of a 3 part series, Erik shares his 10 tips for buying a condominium in Los Angeles. Erik has published “Essential Tips to Buying or Selling a Condo in LA,” a helpful guide for relocating employees to learn more about Los Angeles housing options for condominiums.

Los Angeles Housing Options: Condominiums

10 Tips for Buying a Condominium in Los Angeles

  1. Determine whether a condominium is the “right fit” since you will be close to neighbors, maintenance of shared amenities is done for you, and you must comply with association rules and regulations.
  2. Hire a real estate agent who has experience buying and selling condominiums. They will know how to guide relocating employees through the process and ensure important documents are included.
  3. Obtain financing for the purchase. For buyers using a Federal Housing Administration (FHA) loan, they need to confirm the community is on the approved list. FHA usually requires 80% of units in a building to be owner-occupied.
  4. Confirm what the condominium includes, such as reserved parking, storage, and guest parking.
  5. Know how much the association fees will cost each month.
  6. Determine what the association fees include, such as shared expenses for maintenance of amenities, landscaping, and insurance.
  7. Review the association’s rules and regulations, especially with respect to pets, rental restrictions, and quiet hours for the community.
  8. Inquire about any planned special assessments that might be required for projects such as a roof replacement.
  9. Research the maintenance and management company, and determine the appropriate contacts for any issues. The company should be responsive and actively engage in enforcing the rules and regulations.
  10. Think about your future plans, as condominiums typically do not appreciate in value as much as a single family home. If you plan to remain in the condominium for up to ten years, your experience will be different than if you plan to remain only a few years.

What Should Employers do About Los Angeles Housing Options?

Employers should share the Los Angeles housing options with their relocating employees. This will help transferees and their family members learn about the housing market in the city. As a result, relocating employees will have valuable information to help them find housing that works well for their own needs, as well as for family members.

Employers should also provide as much information about the new location as possible. They should work with a qualified and experienced Relocation Management Company (RMC) that can provide many useful resources to assist relocating employees and their family members. Destination spotlights that highlight many aspects of a location are helpful reference materials to share with transferees during their pre-decision process. Video destination spotlights are a great resource to visually show employees and their family members their new location.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients understand how to identify and share valuable information with transferees. Our team can help your company share helpful information on Los Angeles housing options that will give transferees peace of mind as they go through their relocation process.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s need for Los Angeles housing options to share with your transferees, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

Categories
Career Services Job Market Job Seekers Labor Force

Successful Career Coaching for Spouses and Partners of Relocating Employees

What are the hallmarks of successful career coaching for spouses and partners of relocating employees? Career coaching programs may include several helpful elements. All of these elements work together in a seamless fashion. As a result, they provide spouses and partners the resources they need to find employment in their new location. These programs provide professional resources that are proven to assist spouses and partners with their careers.

Successful Career Coaching by Expert Career Advisors

Career Advisors with job search knowledge and expertise in the local area provide direct guidance and support. As a result, the Career Advisors are resources for information, guidance, and tools that address the client’s individual needs. These experts provide successful career coaching to help spouses and partners define their search strategy and implement their strategic job search and career plan.

Successful Career Coaching Program Elements

Successful career coaching programs include the following:

  • Quick Start Job Search Preparation (marketing tools, job search assistance manual)
  • Job Search Assistance (market information, access to searchable data)
  • Personal Branding (online profiles, personal website, blog, video)
  • Partnering Services (online courses for job search execution)
  • Resume Writing Services (resumes, cover letters, LinkedIn profile)

How Does Successful Career Coaching Result in Job Offers?

Global Mobility Solutions (GMS) recently heard from a spouse who relocated from Shanghai, China to Cambridge, Massachusetts and used the services of a Career Advisor for successful career coaching. In that person’s actual words, here is what successful career coaching can do for a spouse or partner’s job search and career path.

Moving from Shanghai to Cambridge: How to Start My Job Search?

“Deciding to relocate with my husband from Shanghai to Cambridge is a big decision for our family…I also worried about my own career. How am I going to continue to develop myself professionally through getting a job in a whole new country? I do not have any local education background and little knowledge about the job searching channel, workplace culture, employment preference…”

The concerns noted are typical for all spouses and partners. These concerns arise whether relocating from Shanghai to Cambridge, or from New York to Atlanta. Direct access to a locally-based Career Advisor is an invaluable resource. This resource will also bring peace of mind to a transferee’s spouse or partner.

Tools and Resources in Action

“My career coach has been very inspirational and helped me understand what I want in a position and for my career path.”

Career Advisors have diverse, professional backgrounds, and qualifications. They provide in-person support in major metropolitan areas, or remotely, as needs permit.

“Several useful surveys on the portal to help me get different ideas…discover how exactly I should emphasize and sell my strengths using a brief summary to make my background more attractive.”

Resources such as articles, surveys, local data, and job-related qualifications provide insight and guidance to local market employers and trends. A data-driven approach is a hallmark of successful career coaching.

“This summary was later updated in my LinkedIn profile to provide recruiters an overall introduction before they decide to approach me for further information. This also provides good material to prepare my self-introduction for future interviews.” 

Today’s job market requires job seekers to have defined plans. As a result, they must leverage cutting-edge technology along with determination and a commitment to implement their personal career plan. Job search tools must be created to match how employers search for new employees.

Written Communication and Verbal Skill Development

“We moved on to the next steps of revising my resume and cover letter.”

Communication is critically important in a job search. Successful career coaching will emphasize the importance of a well-written resume and targeted cover letters.

“My career coach suggested I go through the various training resources on my portal. These resources include webinars as well as useful articles and potential questions that might be asked during an interview.”

Beyond written communication, verbal skills during an actual interview often play a large part in candidate hiring decisions. A resume and cover letter may open a door. However, the job seeker must then close the deal with effective interviewing as well as post-interview follow through activities.

Interviews and Job Offers Due to Successful Career Coaching

“Encouragement on the day of the interview really meant a lot to me, so I felt I was not doing this alone. I feel more confident in my interviews because now I know clearly why I chose the company and the position as well as what I am capable of and how I am supposed to show my capabilities to the interviewers.” 

Most interviewers indicate that a job seeker’s appropriate level of confidence during an interview helps them feel more comfortable in determining their recommendation. Job seekers who can answer questions with clear answers as well as ask their own thoughtful questions of the interviewer will impart a favorable impression.

“Now I have an oral offer from one of the companies I have interviewed for. I also have several other interviews to attend in the coming weeks.”

Achieving the goal of obtaining a job offer and additional requests for interviews helps the job seeker feel more at ease with their new location. This also helps the entire relocation process for the relocating employee, the spouse or partner, and the entire family. As a result, the company benefits with successful relocations.

Recognizing Successful Career Coaching and its Result

“I was not sure how much it would help me through my journey of job searching and restarting my career. However, looking back, I would strongly recommend this program as well as my career coach to anyone that has the same relocation experience and needs to restart their career in a whole new place.”

Often a spouse or partner may not have a full understanding of the services a Career Support Program provides. Also, they may not realize how helpful these services will be to their job search. However, these proven resources result in successful outcomes. As a result, spouses and partners who utilize the programs benefit greatly from successful career coaching.

What Should Employers do?

The most successful company relocation programs provide a wealth of support programs and services for spouses and partners since they are often key to ensuring a successful relocation. GMS provides our clients with an extensive range of spouse and partner support programs. Also, GMS provides many other valuable business services so employee relocations are successful. Our high-touch service model fully extends to helping employee’s families with everything they need during their relocation process.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients develop successful career coaching programs to help their relocating employee’s spouses and partners find jobs in their new location. Our team can help your company determine how to offer career services for spouses and partners that promote successful relocations.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Contact our experts online to discuss successful career coaching programs that help your transferee’s spouses and partners, or give us a call at 800.617.1904 or 480.922.0700 today.

Categories
Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Household Goods

Why You Should Plan Ahead for Summertime Household Goods Moves

family moving out of home
African descent family moving into a new home. Mother, father and daughter. Real estate sign. Home in background. Spring or summer season.

Relocating employees often face the prospect of summertime household goods moves. Families with children prefer to move while schools are not in session. Moving during the summer means children will not miss any classes, and the move will not disrupt schoolwork. Also, many home buyers and sellers believe that spring and summer are the best seasons for real estate sales. As a result, over 70% of all moves occur between Memorial Day and Labor Day weekend.

During summer, most moving companies are extremely busy with full schedules. Also, transferees often compete with others who move during this timeframe. College students, seasonal workers, and many other people prefer to move when weather is usually warm and pleasant. As a result, they compete with transferees for space in moving company vans and trucks for summertime household goods moves.

Best Practices for Summertime Household Goods Moves

Companies should plan ahead for summertime household goods moves. Best practices for companies that need to move relocating employees during summer include:

1. Contact your Relocation Management Company (RMC) as early in the process as possible.

Best practice is to integrate your company’s pre-decision process with your RMC. This allows the RMC to have visibility for any potential summertime household goods moves.

2. RMCs should provide companies with options to obtain the lowest cost for moves.

Best practice is to provide multiple bids for summertime household goods moves. However, the RMC will not be able to obtain multiple bids if time does not permit. The busiest week for moves is the last week of June. Companies should be aware that contacting an RMC to arrange moves without enough notice may prevent them from obtaining competitive bids. As a result, the RMC will not be able to find lower costs for the move. Generally, the ability to obtain multiple bids will save companies a significant amount for each move.

3. Best practice is to provide flexibility on dates for summertime household goods moves.

Flexibility on dates helps the moving company with their scheduling. It is also beneficial for transferees since they have many things to take care of related to their relocation. To obtain the lowest cost bids on moves, transferees should provide alternate pickup and delivery dates. Moving companies try to meet preferred dates or nearest alternative dates for relocations.

4. Timing can be a significant issue for some transferees.

Critical delivery dates due to expiring leases, home sale closings, and company requirements to be on site in a new location may require an extra-cost service. Companies that need a transferee to be in a new location by a specific date must provide enough time for them to make the move.

Transferees that are given very short notice for their summertime household goods moves often face significant issues in terms of cost to move and space for their goods on moving company vans and trucks. Last minute requests for space may result in a moving company providing space but only for a specific size such as 10,000 pounds of goods. Transferees with 2,500 pounds of goods may have no choice except to pay for the extra unused space in order to meet the due date set by the company. Best practice is to provide a quote that covers only the space needed for the goods. As a result, transferees would not pay extra for space they cannot use.

What Should Employers do About Summertime Household Goods Moves?

Employers should engage their RMC as early in the relocation process as possible, preferably at the pre-decision stage. An easy way to ensure this engagement starts as early as possible is to create an Application Programming Interface, or relocation API. An API provides a framework for different computer systems to communicate and share information. Employers with a relocation API will have their internal Human Resource Information System (HRIS) integrated with their RMC’s relocation technology. RMCs with industry-leading relocation technology solutions have designed their platforms to quickly and easily integrate with each client’s HRIS.

Employers should work with a qualified and experienced Relocation Management Company (RMC). RMCs provide guidance and insight as to best practices for obtaining multiple bids and arranging for summertime household goods moves. RMCs can help clients and transferees understand how to communicate important dates and other information relating to summertime household goods moves with moving companies.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients understand how to leverage the multiple bid process to save on summertime household goods moves. Our team can help your company follow industry best practices to communicate early and incorporate flexibility. We can also help your company understand options that are available for relocating employees facing a summertime move.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts. GMS is dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s interest in learning best practices relating to summertime household goods moves, or give us a call at 800.617.1904 or 480.922.0700 today.

Categories
Talent Mobility Visas and International Travel

New Saudi Arabia Immigration Law Enables Foreign Nationals to Obtain Special Privilege Iqama Status

A new Saudi Arabia immigration law that the Saudi Shura Council voted in favor of lets foreign nationals obtain residence status known as Special Privilege Iqama. This status is similar to the Green Card immigration plan in the United States. Officially known as a Permanent Resident Card, those having a Green Card can live and work permanently in the United States.

Saudi Minister of Commerce and Investment Majid bin Abdullah Al-Qassabi stated that foreign nationals will receive Special Privilege Iqama only if they meet eligibility requirements and meet specific criteria. The new law received Cabinet approval, issuing its landmark decision after reviewing the Council of Economic and Development Affairs recommendation.

Saudi Arabia Special Privilege Iqama Immigration Law: Labor Market Competition

Saudi Arabia nationals have noted some concerns about whether they would need to compete against foreign nationals who participate in and benefit from the new Saudi Arabia immigration law. Minister Al-Qassabi emphasized the kingdom is highly focused in its approach. As a result, foreign nationals eligible to participate include:

  1. Specific category of investors
  2. Holders of residence status who will add value

By focusing its approach, foreign nationals who obtain Special Privilege Iqama Status will not compete against Saudi citizens for jobs.

Special Privilege Iqama Choices

Foreign nationals can apply for and obtain Special Privilege Iqama status. To obtain this status, foreign nationals must meet specific qualifications and:

  1. Choose between annual renewable status or permanent residency status
  2. Pay a requisite fee that varies depending on choice of status
    1. Permanent status requires a higher one-time fee
    2. One-year annual renewable status will cost SR100,000 ($26,666)
    3. Permanent residency status will cost SR800,000 ($213,333)

Those granted Special Privilege Iqama gain the right to live, work, own businesses, and own property in the Kingdom. Expatriates will have equal rights to Saudi citizens except for actual citizenship, and access to services such as schools and government-provided healthcare.

Why is Saudi Arabia Creating Special Privilege Iqama?

In a word, economy. Saudi Arabia’s creation of this program came about as a part of a plan to reduce the kingdom’s reliance on oil and increase foreign direct investment. This effort will help the economy diversify into many new markets. New business investment will strengthen the kingdom’s revenue and support economic growth.

In 2016, Crown Prince Mohammed bin Salman unveiled Vision 2030, a wide ranging plan to reduce government expenditures and increase foreign and domestic investment. This plan is expected to transform Saudi Arabia from a nation dependent on oil, to one with a diverse, private-sector-driven economy. Special Privilege Iqama status helps the private sector quickly add qualified employees.

What is Vision 2030?

Vision 2030 is an ambitious blueprint to transform the Saudi Arabia economy, with three main pillars and thirteen distinct programs.

Pillars

  1. Saudi Arabia’s status as the heart of the Arab and Islamic worlds
  2. Determination to become a global investment powerhouse
  3. Transforming Saudi Arabia into a global hub connecting Africa, Asia, and Europe

Programs

  1. Quality of Life
  2. Financial Sector Development
  3. Housing
  4. Fiscal Balance
  5. National Transformation
  6. Public Investment Fund
  7. Privatization
  8. National Companies Promotion
  9. National Industrial Development and Logistics
  10. Strategic Partner
  11. Hajj and Omrah
  12. Human Capital Development (in conjunction with Special Privilege Iqama)
  13. National Character Enrichment

What Does This Mean?

Companies operating in Saudi Arabia should expect to see an increase in foreign nationals looking to obtain Special Privilege Iqama status. They should look into regulations and program management that will be administered by a new Special Privilege Iqama Center.

Foreign nationals looking to obtain Special Privilege Iqama status in Saudi Arabia should inquire about the new immigration law.

Employers not currently in Saudi Arabia might consider the kingdom as a strategic location for corporate expansion and business investment. The services of an International Professional Employer Organization (PEO) may be useful to help an employer enter Saudi Arabia and quickly test the local market.

What Should Employers do About Special Privilege Iqama?

Employers in Saudi Arabia should review their company’s growth plans and requirements for jobs across all levels of skill sets. They should also determine how their company’s growth plans will impact the jobs required to meet business plans and goals. The new Saudi Arabia immigration law and development of Special Privilege Iqama are designed to help transform the kingdom’s economy. As a result, employers should review their talent acquisition and management programs to ensure they align with a growing number of Special Privilege Iqama status holders.

Employers outside of Saudi Arabia should investigate the services of an International PEO. Relocation Management Companies (RMCs) can provide expert assistance to employers looking to expand their corporate presence and business investment to Saudi Arabia.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees in remote and challenging locations. Our team can help your company determine how to benefit as Saudi Arabia implements its new Special Privilege Iqama status.

GMS was the first relocation company to register as a .com, created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation and visa program needs for Saudi Arabia as a result of its new Special Privilege Iqama status, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary Visa Program Assessment

Categories
Talent Mobility

What are the Top 5 Questions a Realtor® Asks Relocating Employees?

Realtor shows a couple a home. The realtor shows them the home's large living and kitchen area. The couple is expecting their first child.

Many of Global Mobility Solutions’ clients want to help transferees know what to expect when a Realtor® asks relocating employees questions about their real estate needs. Many transferees are relocating to a new location and will then search for a new home to purchase. Transferees often move to a location they know very little about. Most relocating employees and their families have a number of questions about the new location as well as all aspects of the home purchasing process.

Many companies may not understand why it is in their best interest to encourage transferees to buy instead of rent. They also may not know how to leverage programs such as Buyer Value Option to save money and help their relocating employees focus on their new position. Relocation Management Companies (RMCs) can provide a number of helpful resources for transferees and their families. These resources may include career support for spouses and partners. 65% of Corporate Relocation Survey respondents indicate that spouse and partner employment frequently or nearly always directly affects an employee’s relocation. By providing helpful resources for spouses and partners, RMCs help promote successful relocations.

GMS spoke with Erik R. Brown of Douglas Elliman Real Estate, Realtor®, TV host, speaker, and author of “One in a Million: Everything You Need to Know to Find the Best Realtor®.” Erik agreed to share the top 5 questions a Realtor® asks relocating employees when they meet to discuss their real estate needs.

Top 5 Questions a Realtor® Asks Relocating Employees

Question #1: What is Most Important in Your Home Decision?

Erik notes that real estate buyers often have various goals with respect to their home decision. Many buyers want to invest well, as real estate is often the largest investment someone will make in their lifetime. Other buyers may be thinking of their family needs, both now and into the future. It is important for growing families to have a home large enough to fit their needs. Some buyers want to purchase a home that is near to things they like, such as neighborhood parks, commuter rail lines, or water features such as rivers, lakes, and oceanfront.

This question helps a Realtor® understand the primary objectives of the buyer. Answers to Question #1 provide a Realtor® with valuable information as to what the buyer’s primary objectives are for their new home. As a result, a Realtor® can more easily identify specific homes that meet the buyer’s goals, needs, and objectives. When a Realtor® asks relocating employees what is most important in their home decision, the answers provide a framework to help guide the home buying process.

Question #2: What are the Logistics of Your Home Purchase?

Once the Realtor® asks relocating employees the primary objectives for their home decision, it is time to hone in on the basics. Erik states that a Realtor® needs to understand the home buyer’s basic wants and needs with respect to the dwelling. Answers to this question helps a Realtor® determine the homes that qualify according to the buyer’s specifications. As a result, the Realtor® will have a good understanding of what the home buyer would like to see.

Major Logistics of Home Purchase Include:

  • Price Range
  • Location (Los Angeles)
  • Number of Bedrooms
  • Number of Bathrooms
  • Square Footage
  • Style of Home (Ranch, Split-Level, Colonial, Mid-Century Modern)
  • Desired Amenities (Garden, Pool, Fireplace, Garage, Storage Room, Patio)

Additional Logistics of Home Purchase That Are Helpful to Know if Important to Buyer:

  • City Preference (Pasadena, Malibu, West Hollywood, Los Angeles proper)
  • Neighborhood Preference (Quiet Suburb, Bustling Downtown, Seaside Enclave)
  • Distance to Work (Walking Distance, Train Ride, 20 Minute Drive)

Question #3: What do You Like to do Inside the Home and Outside the Home?

When a Realtor® asks relocating employees what they like to do inside the home and outside the home, answers provide clarity for types of neighborhoods and areas. Erik strongly believes that understanding a home buyer’s lifestyle is critically important to help a Realtor® locate areas and neighborhoods that will provide the best fit for the buyer. A few examples:

  1. Home buyer likes to hike; Realtor® helps find a home near trails, parks, and mountains.
  2. Nightlife is important to the home buyer, since they play guitar in a band; Realtor® helps find a home near music venues and entertainment spots.
  3. Spouse is an artist and maintains an in-home studio; Realtor® helps find a home that offers a lot of natural light and room for the spouse to set up their art studio.

Question #4: What is Your Timing?

Buying a home is a major decision for most home buyers. Erik knows that relocating employees often have a specific timeline to meet their employer’s start date expectation.  As a result, working within and understanding these timelines helps a Realtor® provide relocating employees with the best service.

Question #5: What is Most Important in Your Home Buying Experience?

A Realtor® asks relocating employees what is most important in their home buying experience so they can tailor it to meet the home buyer’s expectations. Erik is keenly aware that relocating employees may be experiencing times of exhilaration as well as times of stress. With so many moving parts in the relocation process, effective planning and superior organization are key Realtor® strengths. Answers to this question often show that home buyers want a great home as well as the following:

Erik notes that home buyers are looking for a true professional to take care of them. Thankfully, this is where a Realtor® comes in. They have the knowledge, experience, and credentials that prove their expertise in the home buying process and the real estate market.

What should employers do about the Questions a Realtor® asks relocating employees?

Employers with transferees who are moving to a new location should share the questions a Realtor® asks relocating employees. This will help transferees and their family members prepare to respond with information. As a result, this information will help the Realtor® assist them with their new home purchase.

Employers should also provide as much information about the new location as possible. They should work with a qualified and experienced Relocation Management Company (RMC) that can provide a wealth of valuable resources to assist relocating employees and their family members. Destination spotlights that highlight many aspects of a location are helpful resources to share with transferees during their pre-decision process. Video destination spotlights are a great resource to visually show employees and their family members their new location.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients understand how to communicate the questions a Realtor® asks relocating employees. Our team can help your company share helpful information that will give transferees peace of mind as they go through their relocation process.

GMS was the first relocation company to register as a “.com.” The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

New SafeRelo™ COVID-19 Knowledge Portal

GMS recently launched its new SafeRelo™ COVID-19 Knowledge Portal featuring a number of helpful resources including:

  • Curated selection of news and articles specific to managing relocation programs and issues relating to COVID-19
  • Comprehensive guide to national, international, and local online sources for current data
  • Program/Policy Evaluation (PPE) Tool for instant relocation policy reviews

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s approach to sharing the questions a Realtor® asks relocating employees, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

States are Enacting Workarounds to Help Businesses Avoid $10,000 Limit on Individual Deductions for State and Local Taxes

Several states are enacting workarounds to help businesses avoid the Federal Government’s $10,000 limit on individual deductions for state and local taxes, or “SALT” deductions. This limit is due to the Tax Cuts and Jobs Act (TJCA) that was signed by President Trump in December 2017. Prior to the TCJA, taxpayers choosing to itemize on their Federal tax return could deduct their state and local income, property, and general sales tax payments. Once the TJCA was signed into law, the new limit became effective.

SALT Deduction Limits Starting in 2018

  1. Capped at $10,000 per return for single filers, head of household filers, and married taxpayer who file on a joint basis.
  2. Capped at $5,000 per each return for married taxpayers who file on a separate basis.

Will the Federal Government Uncap the SALT Deduction Limit?

There is some discussion to remove this limit and “uncap” SALT deductions. However, the independent Tax Foundation analysis of this topic shows this would only benefit taxpayers at the top percentiles. Also, even with the possibility of raising the top individual income tax rate to 39.6%, a move to uncap these deductions would result in less revenue collections for the federal government.

Taxpayers in the top tax brackets gain the most from uncapping the limit. Notably, such a move would make the nation’s tax code less progressive. As a result, taxpayers in the top brackets would receive a tax cut. Therefore, some states are enacting workarounds to help some taxpayers reduce the impact of the new SALT deduction limit.

What Does the Internal Revenue Service Say About How States are Enacting Workarounds?

On May 23, 2018, the Internal Revenue Service issued Notice 2018-54 to state its intention to disallow federal deductions if state tax credits are allowed for individuals relating to charitable deductions. Effectively, some states are enacting workarounds that would allow taxpayers to:

  1. Characterize specific fund transfers as deductible charitable contributions for federal income tax purposes
  2. Use these same fund transfers to satisfy state or local tax liabilities

As a result, these types of workarounds for individual filers most likely will not be allowed. Also, both the Internal Revenue Service and the Treasury Department will issue regulations to clarify for taxpayers the relationship between the SALT limit versus charitable contributions that are deductible for federal income tax filers.

If States are Enacting Workarounds, Will Internal Revenue Service Allow Them?

Several states are enacting workarounds to provide a measure of relief for those who may be able to participate through the use of taxes on specific pass-through businesses. However, it is not clear that all taxpayers can benefit from these workarounds. These programs provide methods that do allow some entities to avoid the $10,000 limit on individual deductions for state and local taxes. The Internal Revenue Service has not yet publicly disallowed these types of workarounds.

Connecticut

The state of Connecticut enacted Public Act No. 18-49 that creates a Pass-Through Entity (PTE) Tax of 6.99% that applies to:

  • S Corporations
  • Partnerships
  • Limited Liability Corporations (LLCs) treated as Partnerships for federal income tax purposes

The PTE Tax provides a tax credit for these entities that is an effective workaround for the SALT deduction limit. The tax credit is a refundable credit that is equal to the shareholder’s, partner’s, or member’s share of the PTE tax paid by the PTE. 93.01% is the multiplier for this amount. This format may become a model for how states are enacting workarounds.

Oklahoma

The state of Oklahoma enacted HB 2665, the Pass-Through Entity Tax Equity Act. HB 2665 creates a similar PTE Tax workaround to that of Connecticut. The Oklahoma corporate income tax rate is currently 6%. Also, the PTEs electing to pay Oklahoma income tax on the entity level will receive an offsetting deduction. This offsetting deduction will be equal to the allocation of state income, gain, loss, or deductions.

Wisconsin

The state of Wisconsin enacted Senate Bill 883. This bill was signed into law and created 2017 Wisconsin Act 368. This Act allows the election of PTEs to be taxed at the entity level. According to the Act, the PTE Tax is 7.9% on the PTE’s net income that derives from Wisconsin. However, this Act does not allow claims for losses and credits, other than a credit for tax paid to other states.

If States are Enacting Workarounds That Will Stand, What Does This Mean?

Several states are enacting workarounds to help businesses avoid the limit on SALT deductions. As a result, employers in these states should take note to provide new hires and transferees with information. The ability to allow PTEs the option to pay tax at the entity level may provide significant benefits for some taxpayers. However, the process may still come under further Internal Revenue Service scrutiny. In all cases, taxpayers should consult qualified tax advisors and professionals for guidance.

What should Employers do?

Where states are enacting workarounds, employers should take notice and identify helpful resources to share with new hires and transferees. The creativity of each state’s tax policy and ability to circumvent SALT deduction limits might provide valuable incentives for new hires and transferees. Relocation Management Companies (RMCs) can provide expert assistance to employers to benchmark their relocation policies and add enhancements that attract talent. RMCs can also identify helpful resources for employers to communicate their state’s position on SALT deduction limit workarounds. They can also identify which states are enacting workarounds.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees to help your company increase its ease of doing business 2019. Our team can help your company determine how to attract and retain new hires for talent acquisition and management programs.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to learn about how states are enacting workarounds to SALT deduction limits, or call us at 800.617.1904 or 480.922.0700 today.

GMS is not a tax advisor and is only disseminating public information. Everyone’s tax situation is different; individuals and employers should always consult their tax advisors prior to making any decisions.

Request your complimentary relocation policy review

Categories
Corporate Relocation

Why Companies Should Choose an Industry-Leading Expense Management Program

Business meeting
An industry-leading expense management program will provide a number of benefits for companies. To effectively manage relocation program expenses, a company must devote a significant amount of internal resources. Departments and functions include Human Resources, Accounting, Accounts Payable, Payroll, Tax, and Auditing. Complexity increases in cases of global expense management issues such as foreign currency conversions and payments. Companies should choose industry-leading solutions to ensure department needs are met.

What is the GMS Expense Management Program?

The GMS Expense Management program provides companies with a full and robust cloud-based technology solution. The award winning, world class MyRelocation® portal provides:
  • Online expense submission
  • Easy expense tracking
  • Anytime, anywhere, any device accessibility
  • Payroll reporting that is fully secure
  • Exception cost tracking
  • Custom reporting options
  • Easy to use dashboard

How Does the GMS Expense Management Program Reimbursement Process Work?

The reimbursement process is quick and easy for transferees, for any location where they reside. GMS Expense Management is able to handle multiple currencies, so transferees can submit expenses without having to convert currencies on their own. Reimbursements and invoices are processed within one to two days. All reimbursements are transmitted through Automated Clearing House (ACH) or global wire transfer for quick turnaround. Lump sum payments can be processed before the transferee’s start date.

ACH Network

The ACH network is central to US commercial transactions. Reimbursements are made through direct payment via electronic transmission in an ACH transaction to the transferee’s bank account.

Global Wire Transfer

With a global wire transfer, the transaction is paid for at the sender’s bank. The recipient’s bank receives instructions for deposit. The recipient’s bank then deposits money from its own reserve account to the transferee’s account. Following the global wire transfer, the two banks settle payment on the back end of the process.

Lump Sum

Some companies may provide a lump sum payment to a transferee. GMS Expense Management can easily process lump sums before the transferee’s start date, unlike typical company accounting systems.

How is Invoicing Handled?

The GMS Expense Management program is fully customizable to meet any requirements for coding, frequency, and format. GMS offers several flexible funding options, as well as easy payment terms. GMS also offers prepaid card solutions that provide even greater flexibility for companies and transferees. With a prepaid card, money is already available on the card and transferees have instant access to funds.

How Does the GMS Expense Management Program Integrate with Payroll?

Important payroll functions such as tax calculations and reporting are quick and efficient with GMS expense management. The GMS approach includes:
  • Year-end employee tax reporting
  • US W-2 compensation data calculations, accumulation, and reconciling
  • Regularly scheduling payroll and wage updates
  • Tax assistance calculations that are consistent and flexible
  • Tax coding done in accordance with US Internal Revenue Service guidelines
  • Estimates for assignment and tax costs
  • Expatriate compensation balance sheets and worksheets

Auditing Process

Beyond auditing actual to claimed expenses to ensure receipt accuracy, GMS expense management provides several value added services. Confirming expenses comply with company policy is critical to ensure fair and equal treatment for all employees. The program documents all exceptions to ensure proper approvals are in place. By integrating the company’s policy within the expense management program, it is easy to identify business expenses as compared to those that are truly relocation expenses.

What Should Companies Seeking to Outsource Their Expense Management Program Do?

Companies that are seeking to outsource their expense management program should look into the GMS Expense Management program. GMS provides an industry-leading technology solution for employee reimbursements. Also, GMS provides accurate tax accounting and reporting. Industry standards guide the conduct of all necessary audits to ensure accurate program implementation. Customized reporting options meet each department’s needs for information critical to their function.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients outsource their expense management program. Our team can help your company understand how to benefit from industry-leading expense management solutions. GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform. Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey. Contact our experts online to discuss your interest in the GMS Expense Management program, or give us a call at 800.617.1904 or 480.922.0700 today.
Categories
Immigration Rules Visas and International Travel

German Integration Foundation Supports Successful Integration to Workforce

Chemists in a lab in industrial plant. Focus on woman, 40s

The German Integration Foundation has several campaigns to help immigrants between the ages of 18 and 29 successfully integrate into the workforce. Since its founding in 2008, the foundation has pursued a twofold mission:

  1. Preserve Social Cohesion
  2. Secure the Future Viability of Germany

According to Christian Wulff, the former Federal President of Germany and Chairman of the Board of Trustees of the German Integration Foundation, diversity enriches every German’s life together. Diversity also challenges everyone to respect differences with respect to culture, religion, and ethnicity as part of the German society. As a result, peace will be maintained, and the German society can live together in harmony.

German Integration Foundation Celebrates the Basic Law’s 70th Anniversary

Germany celebrated the 70th anniversary of the passing of the German Constitution on May 23, 2019. In her speech to a group of young immigrants to mark this anniversary, German Chancellor Angela Merkel noted the country’s future viability depends on how successful it is in managing both immigration and integration. The German Integration Foundation’s “Go Your Way” initiative brought the crowd together for the occasion.

What is the Go Your Way Program?

The German Integration Foundation’s Go Your Way program provides scholarships and mentoring opportunities for young talented immigrants. The program has four main elements:

  1. Scholarships
  2. Mentoring Program
  3. Exclusive Events
  4. Broad Network

While the scholarships provide funding for the participants, the main element of the program is the mentoring relationship. Through mentoring, the immigrants gain access to professionals who provide coaching and introduction opportunities over a two year period.

Participants can take part in several other program offerings to expand their skills in career-related topics. The program notes that several high-profile personalities provide mentoring in the program, including Federal Minister of Justice and Consumer Protection, Dr. Katarina Barley; former Chief Executive Officer of thyssenkrupp AG Heinrich Hiesinger; and former Federal President of Germany Christian Wulff.

How are Businesses Benefiting From the German Integration Foundation?

German businesses benefit from the German Integration Foundation in several ways. Companies facing skills shortages gain by working alongside the government to help immigrants entering the country. Many companies participate in Wir Zusammen, or “We Together,” a group that help integrate new arrivals into German society. The network brings together companies who commit to helping immigrants gain admission to society and a quick start in the German working world.

We Together was founded in February 2016 by Ralph Dommermuth, founder and CEO of United Internet AG, and is supported by the Ralph and Judith Dommermuth Foundation. Over 36 major German companies participated in the initiation including:

  • Adidas
  • Deutsche Bank
  • Hugo Boss
  • Bosch
  • Siemens
  • thyssenkrupp
  • Lufthansa Group
  • United Internet
  • Volkswagen
  • Airbus

What Does This Mean?

Employers in Germany should look into programs from the German Integration Foundation. The foundation’s reach includes a social media campaign to introduce young immigrants and lets them share their experiences in Germany. The foundation recently celebrated its 10 year anniversary in December of 2018 and welcomed over 600 guests from across Germany’s political, business, administrative, and cultural spheres.

Employers not currently in Germany might consider the country as a strategic location for corporate expansion. The services of an International Professional Employer Organization (PEO) may be useful to help an employer enter Germany and quickly test the local market.

What should Employers do?

Employers in Germany should review their company’s growth plans and requirements for jobs across all levels of skill sets. They should also determine how their company’s growth plans will impact the jobs required to meet business plans and goals. Employers should consider developing apprentice programs and structuring jobs to appeal to immigrants who are seeking jobs. They should contact the German Integration Foundation for more information on how they can benefit from its many programs.

Employers outside of Germany should investigate the services of an International PEO. Relocation Management Companies (RMCs) can provide expert assistance to employers looking to expand their corporate presence to Germany.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees throughout the world. Our team can help your company determine how to benefit as the German Integration Foundation administers programs that support successful immigrant integration into German society and the workforce.

GMS was the first relocation company to register as a .com, created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation and visa program needs for Germany as they relate to the German Integration Foundation and their programs, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary Visa Program Assessment

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Contact Us

About Us

GMS Client Login

Privacy Policy

Other Services

Our Technology

Global Relocation

Group Moves

U.S. & Canadian Relocation

Address

Global Mobility Solutions
15333 N. Pima Road
Scottsdale AZ, 85260

1.800.617.1904
Available 24/7/365

About

Contact Us

About Us

GMS Client Login

Privacy Policy

Address

Global Mobility Solutions
15333 N. Pima Road
Scottsdale AZ, 85260

1.800.617.1904
Available 24/7/365

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