Month: April 2022

What Is Global Mobility?

Post author By John Fernandez | CRP, GMS, SSB
Post date April 26, 2022

young businesswoman typing on laptop — Cropped shot of an attractive young businesswoman working in a modern office with her colleagues in the background

A Definition of Global Mobility and Why It’s Important

Global Mobility refers to a company’s ability to make its workforce mobile. You will also hear it commonly referred to as talent mobility and can even be better categorized as relocation assignments.

Nowadays, countless companies are trying to expand globally due to leveraging technology to reach new audiences. However, if businesses want to succeed in expanding internationally, they will have to manage their talent pool. The best way to do that is to have global mobility policies set in place.

There are various assignment types for companies setting up for global mobility, from permanent country moves to short-term international assignments. The ability to mobilize your workforce and provide relocation services for new employees widens talent pools to further depths. That assures your company is obtaining top talent.

Common Services Included in Global Mobility Policies

Any company looking to work with international relocation specialists to set up talent mobility policies should know that each company’s talent mobility needs are different. And should be handled as so. There is no short-cut method for handling global assignments; each needs to be tailored specifically.

Each global mobility provider will have a different range of services. But here is an overview of the standard services most relocation management companies (RMC) provide:

Pre-Decision Services:

– Needs Assessment/Pre-Decision Counseling

– Security Briefings

– Cost Projections and Tax Calculations

– Cost of Living Analysis

– Goods & Services Tables

– School Reports

– Virtual and Video Destination

– Mobility Assessments

– Pre-Hire/Decision Travel Booking

– Area Tour & Orientation

– Candidate Expenses

– Assignment Letter Development

– HR/Recruiter Debrief

Pre-Departure Services:

– Program Counseling & Management

– Global Expense & Compensation Management

– Visa & Immigration Services

– Home Disposition Assistance

– Auto Shipment & Disposition Assistance

– Tax Equalization & Consultation

– Medical Coordination

– Assignment Travel Booking

– Area Tour & Orientation

– Global Home Finding

– Schooling Assistance

– Spouse/Partner Career Assistance

– Cultural Training

Destination Services:

– Settling In

– Auto Lease/Purchase

– Language Training

– Air, Sea, & Surface Shipment

– Storage Management

– Global Banking

– Driver’s Education

– Temporary Living

– Career Assistance

– Education Assistance & Placement

Ongoing/Repatriation Support:

– Ongoing Tax Consultation & Filings

– Security Monitoring and Alerts

– Global Travel Tracking

– Tenancy Management Services

– Emergency Services

– VAT Recovery

– Repatriation Program Counseling & Management

– Repayment Collections

Why Are Global Mobility Strategies Important?

Talent mobility is highly beneficial for international growth-focused organizations. However, before moving staff members overseas, it’s essential to consider various mobilizing factors, such as immigration requirements. A strategy set in place with a qualified global mobility service provider ensures that each employee’s international deployment process is seamless.

It should also be noted that the global marketplace is constantly changing for each industry. Therefore, you should work with your human resources team and global mobility consultants to review and update your strategy annually to reflect the current international mobility offerings of your competitors.

Once a global mobility strategy is created and implemented, global deployment is more cost-efficient, consistent, and compliant. All this leads to the best possible relocation process for your employees.

GMS Provides Excellent Global Mobility Service

Global Mobility Solutions (GMS), an international relocation management company, is the industry leader in global mobility consulting. Since 1987, our relocation experts have assisted companies and put talent mobility strategies in place for their businesses and employees to succeed in new countries.

When you set up a free consultation with us, we will listen to all of your needs, wants, and goals. Then help you construct comprehensive global mobility service packages that will help your business thrive. Contact us today with any questions regarding international relocation or domestic relocation.

We're Here to Help! Request a Courtesy Consultation

Are you ready to talk to a Mobility Pro? Learn how GMS can optimize your mobility program, enhance your policies to meet today’s unique challenges, receive an in-depth industry benchmark, or simply ask us a question. Your Mobility Pro will be in touch within 1 business day for a no-pressure, courtesy consultation.

Tags global mobility, international relocation, Talent Mobility

Career Services Employee Development Job Market Job Seekers

Lack of Remote Work Policies Up Resignation Numbers

Post author By Nancy Kritzer | CRP
Post date April 19, 2022

young professional woman resigning from job — Waist up portrait of smiling young businesswoman holding box of personal belongings leaving office after quitting job, copy space

Employees are resigning from companies that don’t offer flexible remote work options

In 2020 at the start of the Covid-19 pandemic, countless companies whose primary worksite was an office setting had to mobilize their employees to a remote environment. Within weeks employees who worked in an office were told to work from home. Many employees and employers saw this as an excellent opportunity to prove that remote work policies can benefit productivity and employee retention.

Now in 2022, some companies are asking their employees to return to the office. Many found remote work strategies worked better for them and their employees. However, some companies are now in full remote workforce mode and have no plans to return to an office building. This dynamic brings hiring and employee retention policies and processes into question, with remote work options at the forefront.

Recently, a study surveyed about 1500 employees across various industries to gauge their attitude toward remote work and flexible work hours. In addition, nearly 300 human resource managers were also given the same questions to provide a different perspective.

The point of the survey was to conclude if remote work options for employees would be a make or break for new hires to accept a position. Or for employees to stay in general. Most of the survey’s findings showed that employees were willing to leave if the company could not offer some type of remote work policy on a regular basis.

Employees Resigning Because of Lack of Flexible Work from Home Arrangements

The study revealed that 29% of employees changed jobs in 2021, and in 2022, 34% of employees are planning to resign from their current organization. The main reason was that employees were disappointed with their company’s remote work policies. However, a significant reason is that there is a lack of flexibility in the day-to-day work schedule.

Companies that give the option to work remotely are considered a potential benefit by 46% of employees. And 35% stated that the lack of flexibility to work remotely plays a factor in searching for a new employer.

The study also showed that employees have a strong desire to work from home, as 64% of the employees stated that if told to return to the office, they would start searching for a new job. Additionally, of the employees surveyed, 91% agreed that they should be able to work from home as long as their work is getting done.

72% of employees said that flexible work arrangements are one of the most important qualities they look for in a new employer. This includes things like being able to work remotely, which is more important to employees than factors like company culture, professional development, and social impact. The only qualities to top flexible work arrangements were compensation and employee well-being.

While employees enjoy the flexibility of remote work, employers show hesitation to implement remote work options due to the ability to determine the employees’ working hours. The employee’s location can also be a concern because there can be tax and immigration compliance issues on hand if employees are in different cities or states. The reports show that in 2022 only 46% of HR representatives were confident in knowing where their employees were located during work hours.

Employees and HR professionals both agree that allowing employees to work remotely allows the opportunity to build a team that is based on qualifications and experience. The report shows that 90% of HR representatives and 82% of employees agree that hiring should be based on skill set over the location.

GMS Can Help with Employee Retention

Global Mobility Solutions (GMS) understands that hiring and retaining good employees is a pain point for many companies. To help organizations retain employees, GMS created our Employee Choice Program for relocations not financially sponsored by the employer. This allows companies to open up opportunities for employees looking to relocate. In addition, companies can give employees the flexibility to work remotely.

In working with GMS to utilize this program, the company allows employees to leverage the buying power, deep discounts, and high-quality coordination from a relocation management company without financial sponsorship. In more straightforward terms, employees electing to relocate can utilize our network of vetted and qualified partners at an affordable cost without the employer’s financial assistance for management and service costs.

GMS hopes this service can act as a win-win situation as the employee is able to stay with the company, while the organization is not hit hard with relocation costs. If you are ready to start looking into Employee Choice Programming, then contact us today to set up a courtesy consultation and demonstration. Our relocation experts would be glad to discuss how GMS can help with any of your relocation services.

We’re Here to Help! Request a Courtesy Consultation

Tags Employee Development, remote work options, remote work policies

Choosing a Relocation Company Corporate Relocation Domestic Relocation Domestic Relocation Challenges Relocation Best Practices Relocation Challenges Relocation Programs Talent Mobility

Why Relocation Services Should Include Spousal & Partner Support

Post author By John Fernandez | CRP, GMS, SSB
Post date April 13, 2022

Happy couple carrying cardboard box and pot plant in new house

The Importance of Providing Spouse & Family Support for a Successful Relocation Process

Relocating for a job can bring many new opportunities to one’s professional career. But moving to a new destination for a job can also mean uprooting a partner, or even an entire family. When a candidate accepts a new position and agrees to move for the job, many negotiate to get relocation costs covered by the new company. Companies that are regularly involved in the talent mobility process work with relocation management companies (RMC) to construct relocation packages that are enticing and helpful to employees.

But do these relocation benefits ever include any support for the transferee’s spouse or family? Any modern RMC representative would highly recommend including partner/spousal support and family support offerings to recently hired employees. There are many reasons companies should be happy to help ease the transition for their new employees’ families. For example, if the employee knows their family will have an easier time moving, they are more likely to accept the position. Finding the right candidate quickly cuts down on the time of the job search. Also, knowing their family will be taken care of during the relocation process because of special relocation benefits, the employee can have their mind on their work.

There is no one size fits all relocation package. Each talent mobility assignment is different and should be treated as so. With that being said, there are numerous relocation services that RMCs can provide to moving employees’ spouses and other family members. Let’s look at some of the more common programs worked into the relocation process.

Area Orientation Trips

Orientation trips are a relocation benefit that tends to get overlooked. Many RMCs would recommend that companies cover at least one or two (if not more) orientation trips for the employee and their partner/spouse. The main reason to add this into a relocation package for the employee to utilize it as a house-hunting trip. Including this service helps the employee and their family get somewhat familiar with the lay of the land for their new destination. These trips can also be used to check out different schools and activities for those relocating with children. Taking a tour of a local school might help the family decide which neighborhood they might want to settle in. If the transferee’s kids play sports or participate in other after-school activities, then take advantage of the trips to meet and greet with coaches and directors so that they are not starting from square one once arriving in the new city. Area orientation trips can give kids and spouses a new, exciting spin on the move if a dream house is discovered while house hunting.

Spousal Career Services

Another perk that should be included in relocation packages is career services for the moving employee’s spouse or partner. It’s not unusual for a domestic partnership to make up a dual-career household; this means if the family is moving for one person’s job, there is a chance the other will have to quit or alter their career. But there are ways that companies can work with RMCs to include spousal career services in their talent mobility benefits. These programs can offer comprehensive career assistance along the lines of:

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)

Spouses who are moving with their partner can use this time to their advantage. Some people hold off on a career change, but right after a relocation could be a perfect time. If the moving spouse has to resign from their current position anyway, then it could be a new beginning they need to switch industries or positions, maybe even start their own business. In very lucrative relocation offerings, there may even be grants and financial support benefits for the employee’s spouse to get special training for a new job. And sometimes, some RMCs might even work in entrepreneurial opportunities for relocating partners.

Language Training

For international relocation services, language training might be one of the most essential benefits needed. Those who relocate to a new country with a spouse and children will more than likely have to learn a new language. Learning a new language can be difficult if the family has not been preparing for it for a few years leading up to the move. Companies that plan to interview, and ultimately hire, global candidates should seriously consider covering or reimbursing for classes and tutoring for the employee and their family members to learn the language of their new home. Language training programs give the spouse and family a better chance of adjusting and liking their new surroundings making it more likely that the employee can succeed at their new job as well.

GMS Offers Relocation Services with Spousal Support

We're Here to Help! Request a Courtesy Consultation

Tags relocation packages, relocation services, Talent Mobility

Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Domestic Relocation Trends Global Relocation Tips Global Relocation Trends

2022 Gas Prices Impact Relocation Costs and Estimates

Post author By Ann Knapp | CRP, GMS, CMC
Post date April 5, 2022

semi truck driving through desert at sunset — Large semi truck hauling freight on the open highway in the western USA under an evening sky.

Learn how higher fuel prices impact the shipment of household goods

There is no question that the recent rise in fuel prices has had an impact across the board on many industries. From pain at the fuel pump to increases in prices at the local grocery stores, people are spending more on a weekly basis. The talent mobility industry hasn’t been immune to the effects of increased fuel prices. However, the industry is making strides in developing more accurate estimates that account for higher gas prices. In the relocation industry, these costs are typically passed down from vendors to relocation management companies (RMCs) which, in turn, results in increased direct costs for companies relocating their employees.

In a typical relocation or assignment, anticipated relocation costs are calculated via a needs-based estimate. Meaning each relocation assignment is unique and could cost a different amount, depending on the employee’s needs. But just how much does the price of gas affect how much it is to move an employee? Which aspect of the relocation process is hit the hardest when fuel is expensive? Here is a breakdown has to why relocation costs go up when fuel prices increase:

Shipment of Household Goods

The largest impact of high fuel prices on relocation naturally resides within the process to ship household goods (HHG) from point A to point B. The packing and transporting of furniture and other belongings is a critical component of any relocation program. Companies that offer relocation benefits often will make sure to include covering, or at least reimbursing, an employee’s need to have their household goods shipped to their new destination. Industry-leading RMCs will obtain multiple bids from moving vendors to help ensure the best possible cost. In most cases, the RMC will have established partnerships with numerous vendors who are vetted and reliable, but they could reach out to a newer vendor for a better deal if need be. These bids from transportation companies are largely estimated on how many pounds of household goods need to be moved and how many miles away the destination is. These are two of the more obvious figures that are directly connected to gas prices and the total cost of the move.

What is the Impact of Fuel Surcharges on the Shipment of Household Goods?

With fuel prices quickly on the rise, take this opportunity to learn how fuel surcharges are calculated for domestic relocation HHG shipping. On the first Monday (or Tuesday) of every month, the van lines each go to the US Department of Energy’s (DOE) database to access the average cost of diesel for the entire United States. The average price has a corresponding number on a chart that most HHG vendors use, which will indicate what percentage to use for the fuel surcharge.

For example: If diesel is at an average of $4.84 per gallon, then the common surcharge would be 16%. The new fuel surcharge will be applied to any shipments loading after the 15th of that month.

HHG estimates are completed using the current fuel surcharge. The difference between the fuel surcharge when the estimate is completed and the load day fuel surcharge will result, sometimes ending in an increased amount, depending on market conditions. Relocation experts have seen this happen before when fuel surcharges spiked in 2009 and impacted moving expenses.

It is worth mentioning that fuel surcharges are always non-binding, even on talent mobility policies that may hold some type of guarantee not to exceed cost estimates. This type of HHG estimate is commonly used by RMCs as part of an overarching, comprehensive cost estimate that is used to help companies gain a clearer picture of the total projected cost of relocation.

Do Companies Need to Update Relocation Policies?

Many companies look into what are called “Capped Relocation Policies.” Meaning, there is a pre-approved, maximum budget the company is willing to pay up to for moving the new employee. Working with an RMC helps companies to stay within that cap for each employee who is transferred. This policy design method is effective in helping to contain runaway costs and can provide a measure of consistency with your total mobility program spend.

However, in today’s environment, some capped policies are quickly eaten up by increased fuel surcharges. This is making it difficult for companies to stay within the approved budget while relocating. In some cases, the budgeted amount isn’t enough to fully execute the move and is leaving the employee to make up the difference. If a company finds this to be occurring frequently, a review of your policy caps might be in order.

This is another great advantage of working with an experienced RMC to ensure that your company is not overpaying for relocation costs while offering competitive relocation benefits within your industry.

GMS Is Here with Explanations on Relocation Costs

We know that the relocation process and the costs associated with it can be confusing. That’s why Global Mobility Solutions (GMS) offers free consultations to anyone who has questions about talent mobility. Our relocation experts will walk you through a common outline of relocation packages and their structure during this online or in-person consultation. From there, you make the decision if you would like us to help you either create or rewrite your relocation policies. When a company offers relocation policies to job candidates, they open their hiring field to a wider range of top candidates for any given position. Let GMS assist you in all of your relocation needs, contact us to start getting all of your questions answered.

Ready to Calculate Your Program Savings? Request Access Now!

Are you ready to calculate your potential relocation program savings? Request access to our easy-to-use Relocation Cost Savings Calculator. Your Mobility Pro will grant your access request within 1 business day.

Tags gas prices, relocation best practices, relocation trends

A Definition of Global Mobility and Why It’s Important

Common Services Included in Global Mobility Policies

Why Are Global Mobility Strategies Important?

GMS Provides Excellent Global Mobility Service

We're Here to Help! Request a Courtesy Consultation

The Importance of Providing Spouse & Family Support for a Successful Relocation Process

Area Orientation Trips

Spousal Career Services

Language Training

GMS Offers Relocation Services with Spousal Support

We're Here to Help! Request a Courtesy Consultation

Learn how higher fuel prices impact the shipment of household goods

Shipment of Household Goods

What is the Impact of Fuel Surcharges on the Shipment of Household Goods?

Do Companies Need to Update Relocation Policies?

GMS Is Here with Explanations on Relocation Costs

Ready to Calculate Your Program Savings? Request Access Now!

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