Category: Domestic Relocation Tips

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Best Practice for Relocation: Multiple Bids for Mortgage Services

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Learn how a multiple-bid process can keep relocation costs in check

Very few people will walk into a car dealership, point to a vehicle, and say, “Let’s sign a contract.” Most of us will compare the prices offered by a few area dealerships. When the salespeople know that they have competition, they begin reducing the vehicle’s initial cost.

However, many relocation management companies (RMCs) either own or are owned by mortgage companies. Therefore, when a client company wants to move its employees, the employees do not have a choice of lenders. The RMC and the mortgage lender know that the transferee is at their mercy concerning price, scheduling, and customer service.

Some RMCs use a multiple-bid process to ensure that transferees are getting the best price and service. There are some significant benefits to going through an RMC and having their mortgage lenders compete for relocation business:

Lenders are motivated to offer competitive rates and minimal closing costs. They are willing to be flexible with their approval criteria for individuals referred by an RMC. These borrowers can access special discounts and mortgage programs exclusive to RMC referrals. To ensure the best deal, at least three lenders submit bids for the borrower to compare mortgage estimates. These estimates are based on the borrower’s financial capacity, loan amount compared to property value, and the terms of available mortgage programs. This process is considered a standard practice for optimal results.

Each lender understands that its objective is to win the business. Therefore, they provide mortgage estimates that are fair and accurate with relatively no cushion to the costs.

Helping Keep Relocation Costs in Check

When utilizing multiple bids for mortgage services, transferees save an average of .32% on their mortgage rate. What does this mean for transferees? The lower rate will allow transferees to explore more options, such as larger houses, better neighborhoods, or simply enjoying the monthly savings.

With multiple lenders providing bids, transferees can compare and choose the best mortgage rate. This saves them money in the long run and gives them the flexibility to consider different housing options that may have been out of reach with a higher mortgage rate. Ultimately, this process helps keep relocation costs in check and allows transferees to make the most of their new living situation. With the potential savings on their mortgage rate, transferees can focus on settling into their new home and community without the added financial stress.

While cost is essential, so is the transferee’s experience. Allowing the transferee to meet with multiple mortgage lenders will engage him or her more in the relocation process. This promotes an overall good experience because transferees tend to be happier if they feel that they are being heard throughout the relocation process. And we all know that happy employees are productive employees.

GMS Offers Companies Freedom of Choice

Global Mobility Solutions (GMS) pioneered the “Freedom of Choice” model in relocation. By providing multiple bids for an array of providers, client companies and their transferees have saved money on services like household goods movement and mortgage loans. GMS continues innovating best-practice workforce mobility programs to make relocations easy and practical for clients and their employees.


This unique approach gives companies more control over their relocation budget and ensures that transferees have options that best suit their needs. By offering freedom of choice, GMS can tailor relocation packages to fit the specific requirements of each individual or family, making the entire process more personalized and efficient. This not only saves the company money but also helps reduce stress and uncertainty for the transferee, leading to a smoother transition and a more positive experience overall. With GMS leading the way in innovative relocation solutions, companies can trust that their employees will be cared for during the relocation process.

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Filing Taxes in Multiple States After Relocating

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Young African American man calculating his expenses. He is checking the bills at home

Did you move to a new state for a job this past year? Learn about filing in multiple states

Relocating to a new area to pursue a fresh employment opportunity can significantly benefit your professional journey. However, it is crucial to familiarize yourself with the residency regulations of each state beforehand. In certain states, spending a minimum of 183 days within the state automatically qualifies you as a full-year resident.

It’s essential to understand the rules for each state when filing your taxes as a part-year resident. In most cases, wages are considered income from your state. However, other sources of income, such as interest, dividends, and pensions, are typically considered income from your state of residence.

When reporting your income, it’s crucial to remember that some states require you to report all sources of income, just like a full-year resident would. You must include your wages and any other income you may have earned from different states. However, don’t worry, as the tax calculation will consider the income you made as a resident compared to your total income. This means that the amount of tax you owe will be reduced based on the portion of income you earned as a resident.

On the other hand, some states have a different approach. They require you to divide your income between the states before calculating the tax. This means that you will need to allocate your wages and other sources of revenue based on the time you spend in each state. Once you have divided your income, you can then calculate the tax owed for each state separately.

Understanding these rules and regulations can be overwhelming, but it’s essential to ensure that you accurately report your income and pay the correct amount of tax. Suppose you need help with navigating these complexities. In that case, it’s always a good idea to consult a tax professional who can guide you through the process and help you maximize your deductions and credits.

Navigating the intricacies of state tax laws can be a daunting task. However, it is crucial to accurately report your income and pay the appropriate amount of tax to avoid any legal issues. If you find yourself overwhelmed by these complexities, seeking the assistance of a relocation tax professional is highly recommended. They have the expertise and knowledge to guide you through the process, ensuring that you understand the rules and regulations specific to each state. 

A relocation tax professional can also help you identify any deductions or credits you may be eligible for, potentially reducing your overall tax liability. By consulting with a professional, you can gain peace of mind knowing that your taxes are being handled correctly and efficiently. Remember, seeking expert advice regarding something as important as your taxes is always better.

What's happening in your industry? Request a Courtesy Benchmark report

At GMS, we make it a priority to know how talent mobility is changing in each major industry. What are the best practices? How are other companies changing their programs to retain a competitive edge? Your Mobility Pro will be in touch within 1 business day to help answer your questions and benchmark your industry.

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Corporate relocation tips Domestic Relocation Tips Home Purchase Relocation Best Practices

Preparing for Your Home Finding Trip: A Comprehensive Guide for Assignees

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Real estate agent and businessman customer, Image taken at average residential area with multiple ownership block of flats type of buildings.

Moving for a job? Here’s how to get ready for a house-hunt trip in your new destination

Embarking on a home-finding trip can be both exciting and overwhelming. Whether you’re relocating for a job or personal reasons, preparation is critical to making your transition smooth. Here’s a detailed guide to help you prepare for your trip, covering essential considerations before you leave, activities to engage in, and necessary contacts.

Working with a full-service employee relocation company can be the best route for a transferee assignment as they can provide valuable support and resources. Here are a few things to keep in mind when getting ready for your first home-buying trip:

Before Traveling to Your Destination

1. Visa Status and Requirements

Before you embark on your journey, verify your current visa status. Understanding whether you can leave your current location without jeopardizing your new visa application is crucial. For instance, certain countries have specific exit requirements that could impact your ability to enter a new country later.

Additionally, check if you need a special visa for your destination. Many countries have specific entry requirements; for example, U.S. travelers may require an ESTA, while the UK has introduced a new travel visa that could impact your plans. Don’t forget about potential medical exams or vaccinations needed before you travel.

2. Planning for Your Family

When relocating, it’s vital to consider your family’s needs. Research the destination thoroughly. What are the best neighborhoods for families? Look into transportation options, banking facilities, schools, and shopping areas. Understanding your family’s interests—sports, arts, or outdoor activities—will help you find a community that suits everyone. This pre-trip research will save you time and help your family feel more at home in the new location.

While in Destination

3. Create a Planned Agenda

While you’re in your new destination, having a structured plan will make the most of your time. Collaborate with your Global Mobility Services (GMS) partner to draft an agenda that includes property viewings, neighborhood tours, and essential errands. Consider scheduling meetings with local realtors who can provide insights into the housing market, and take time to visit schools if you have children.

4. Engage in Activities

While your primary goal might be finding a home, explore local culture and amenities. Attend community events, visit parks, and check out family-friendly attractions. This will familiarize you with the area and help you gauge the community atmosphere and how well it fits your family’s lifestyle.

Essential Contacts

5. Build a Support Network

Establish a support network before and during your trip. Contact your assigned relocation coach, realtor, and central office for insights and assistance. Your GMS partner should prepare a list of contacts who can help answer any questions and facilitate a smoother transition. Having reliable resources at your fingertips can ease any uncertainties you may have.

6. Consider Employee Engagement

If your employer allows, consider visiting the office during your trip. This can serve dual purposes: engaging with your new workplace and counting it as a business trip, maximizing the efficiency of your travel. Discuss this option with your employer and see if it aligns with their policies.

Financial and Cultural Considerations

7. Understand Tax Implications

Relocating often brings about tax implications that can vary significantly between locations. Consult with a tax professional who understands the laws of both your current and new home. This will help you avoid surprises and comply with all necessary regulations.

8. Language and Cultural Training

If you’re moving to a country with a different language, consider enrolling in language classes or cultural training. Understanding local customs, etiquette, and primary language skills can significantly enhance your integration into the community and workplace.

9. Security Briefings

Finally, prioritize your safety by obtaining security briefings specific to your new location. Understanding the local environment, potential risks, and safety protocols will help you and your family feel secure and prepared for any challenges.

GMS Can Assist with Employee Relocation

A successful home-finding trip requires thorough preparation and a proactive approach. By considering visa requirements, planning for your family’s needs, engaging with local resources, and understanding the financial and cultural landscape, you can ensure a smooth transition to your new home. Embrace the adventure ahead; with the proper preparation, you’ll be on your way to a successful relocation.

GMS and their expert team of global mobility experts can help any company with employee relocation. We offer tailored solutions that cater to the unique needs of each employee and their family. From finding suitable housing to navigating local schools and healthcare options, GMS is dedicated to making the relocation seamless. Our team understands that moving to a new country can be overwhelming, so they provide comprehensive support every step of the way.

Moreover, GMS informs you about the latest regulations and policies affecting your move. This knowledge is crucial in avoiding pitfalls and ensuring local law compliance. Our commitment to staying updated means you can focus on settling into your new life without unnecessary stress.

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A Detailed Look at Relocation Packages and Costs

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Happy family enjoying their new apartment. They are using laptop and holding apartment contract

Here’s a quick breakdown of expected costs associated with relocation packages

When a company covers the cost of your relocation, they are not just providing financial assistance and a sense of security and support. This is done through a relocation package, which typically includes services such as:

Services include packing, transportation of belongings with transit insurance, payment for truck rental or moving container costs, help with selling and finding a new home, temporary housing, assistance with vehicle shipping, and coordination of international moves.

Employees can receive relocation packages in various ways. One option is a lump sum, where the employee is given a set amount to cover all relocation costs. Another option is reimbursement, where the employee pays for expenses upfront and is reimbursed by their employer after the relocation.

Occasionally, a company may collaborate with a moving service to manage employee moves. This approach is known as direct billing, where the moving company sends the bill directly to the employer for payment.

Certain employers provide tiered relocation packages based on length of service and individual or family circumstances. These packages may include a mix of the services mentioned earlier. It is crucial for employees to thoroughly examine and comprehend the relocation package offered by their employer before making any decisions. Some packages may offer extra perks like temporary housing, assistance with property transactions, or even language and cultural training for international moves. It is advisable for employees to openly communicate with their employer regarding any specific requirements or worries they may have throughout the relocation process. 

 

By working together, the employer and employee can ensure a smooth and successful transition to a new location. Employees should also take the time to research the cost of living in their new location to ensure that the relocation package adequately covers their needs. Considering housing prices, transportation costs, and healthcare expenses is crucial when evaluating the package’s overall value. Additionally, employees should be aware of any tax implications arising from the relocation, such as potential deductions or reimbursements for moving expenses.

In some cases, employees may be able to negotiate certain aspects of their relocation package with their employer. This could include requesting additional benefits or adjusting existing ones to suit their circumstances better. It is essential for employees to approach these negotiations professionally and to communicate their needs and expectations.

Overall, a well-structured and comprehensive relocation package can significantly benefit the employer and the employee. By taking the time to understand the details of the package, communicate openly with their employer, and consider the cost of living in their new location, employees can ensure a successful and stress-free transition to their new home.

What GMS Does to Keep Costs Down

Clients opt for Global Mobility Solutions’ business approach due to its flexibility to them and their transferees. This enables clients to collaborate with top-notch service providers worldwide. Unlike most relocation companies, GMS is independent and not tied to any specific real estate, household goods, or third-party service provider. This independence allows GMS to establish strong partnerships with leading providers globally, who work closely with GMS to meet clients’ needs effectively. The extensive network of partners enables GMS to offer personalized, real-time support to clients, ensuring a smooth relocation process for both the individual and their family.

GMS offers our clients the opportunity to save money by leveraging our provider network and utilizing our Pre-Decision Program. By engaging with clients early in the relocation process, before a final decision is made, GMS can assist in reducing relocation failures, improving job acceptance rates, providing a precise budget, avoiding transferee/assignee rejection, identifying home sale issues, simplifying house hunting trips, and minimizing policy deviations.

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How Employee Relocation Has Changed Over the Years

newly relocated employee meeting with manager for the first time
Latin American man hiring a mover to help him and his wife with the process of moving house and closing the deal with a handshake

Here’s an overview of how talent mobility programs have transformed

Corporate relocation is a relatively recent development compared to farming, production, and hospitality industries. Nevertheless, the sector has experienced significant growth in recent years due to the increasing demand for relocation services.

Throughout history, it has been a frequent practice to transport groups of individuals over long distances to achieve a particular goal. This could be seen in the nomadic tribes who journeyed to find food, the exploration expeditions as countries competed for land, or the missions to procure specific resources. Industry pioneers have traversed vast distances for centuries and engaged with unfamiliar societies to conduct business. The concept of relocating for employment has been ingrained in human culture for centuries, but modern relocation practices took off in the 1950s. 

Following the conclusion of the Second World War, the corporate landscape underwent a significant transformation. Companies began to look for opportunities to grow outside of their domestic markets. The war had paved the way for cross-cultural collaborations, introducing a new era of interconnectedness. This global transition resulted in a notable rise in international assignments, as significant corporations sent their top talent to work in foreign countries.

In 1964, a significant achievement was made in talent relocation history. The establishment of what eventually evolved into the foremost organization for talent management and global mobility expertise, the Worldwide Employee Relocation Council (WERC), represented a significant milestone. This organization played a vital role in shaping the industry as we see it today.

The New Millennium of the 2000's

The significance of relocation services such as Destination Services and Intercultural Training became apparent following major mishaps that led to unsuccessful transactions. The 2000s saw a shift towards prioritizing the well-being of employees as individuals and ensuring the satisfaction of accompanying family members.

Relocation technology also took a huge step forward in making the relocation process more manageable for transferees and their employees. As companies began to recognize the importance of employee satisfaction and retention, the focus on providing comprehensive relocation services grew. This included assistance with finding housing and settling into a new location and support with cultural integration and language training. The emphasis on employee well-being led to the development of more personalized relocation packages tailored to the specific needs of each individual and their family.

Advancements in technology also revolutionized the relocation process, making it easier for employees to navigate the complexities of moving to a new country or city. Online platforms and mobile apps were introduced to streamline the relocation process, providing access to resources and information at the touch of a button. This improved the efficiency of relocation services and enhanced the overall experience for employees and their families.

Overall, the 2000s marked a significant shift in how companies approached employee relocation, emphasizing the well-being and satisfaction of their workforce. The evolution of relocation services and technology during this time laid the foundation for the modern global mobility industry, setting the stage for continued innovation and improvement in the years to come.

The Relocation Industry Today and Beyond

In today’s global economy, Switzerland, China, the United States, Mexico, the United Kingdom, Germany, Singapore, and Canada are top choices for international corporate relocations. Successful companies have flexible relocation partnerships to navigate the fast-paced business landscape. Dwellworks is well-equipped to streamline moves with a comprehensive range of services one interconnected company provides. 

Like many other sectors, the corporate relocation sector has been impacted by technological advancements. Cultural training services can now be accessed remotely and at flexible times to accommodate the hectic schedules of relocating workers. By utilizing technology, cultural trainers and Destination Services Consultants can customize their services to offer the most precise and practical support to new arrivals.

GMS Is, and Has Always, Been the Industry Leader

Global Mobility Solutions (GMS) has been a leader in the relocation industry since 1987. Our expert team is always willing to listen to your talent mobility needs and assist you in creating the best employee relocation policies.

With the rise of technology, GMS has adapted to provide top-notch services to meet the evolving needs of its clients. From virtual cultural training sessions to personalized consultations, GMS ensures that every aspect of the relocation process is tailored to the individual needs of each employee. This commitment to excellence has solidified GMS’s reputation as the industry leader in corporate relocation services.

Furthermore, GMS’s long-standing presence in the industry has allowed it to establish strong relationships with a network of trusted partners worldwide. This extensive network ensures that employees receive seamless support throughout the relocation process, regardless of where they are moving.

In conclusion, GMS’s dedication to innovation, personalized service, and global partnerships make it the go-to choice for companies seeking reliable and efficient corporate relocation solutions. Trust GMS to handle your talent mobility needs with professionalism and expertise. 

Contact us today if you’re ready to speak with a relocation expert.

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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.

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Lump Sum Relocation Packages: What are the Advantages? What are the Disadvantages?

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What are lump sum relocation packages?

Global Mobility Solutions recently surveyed its clients to determine the impact of lump sum relocation packages on their organizations. Industry trends arising this year are having a direct effect on transferees. Often, these trends become visible through business intelligence and data analytics.

Lump sum relocation packages are a specific amount of money that employers offer to transferees or new hires. This money replaces relocation benefits such as household goods moves, culture and language training, or home-finding assistance. Employers expect employees to receive a lump sum payment to manage their relocation process.

Advantages of Lump Sum Relocation Packages

The advantages of lump sum relocation packages relate to helping employers simplify the process. The main benefit is that employers and their mobility managers have fewer complications around relocation support. Providing support during an employee’s relocation is reduced to answering questions about when the lump sum funds will be available. Additionally, lump sum packages allow employees greater flexibility in how they choose to spend the money. Instead of being tied to specific services, employees can allocate funds according to their unique needs and preferences. For instance, some may prioritize hiring professional movers, while others might opt for temporary housing or travel expenses. This autonomy can lead to a more personalized and satisfying relocation experience.

Lump sum packages also encourage employees to take responsibility for their relocation. With a set amount of money, employees must plan and budget their expenses wisely. This can foster a sense of ownership over the relocation process as they make decisions that best suit their circumstances. It can also lead to more thoughtful planning as employees weigh the pros and cons of different options.

Budgeting and Forecasting

Another simplification for employers revolves around budgeting and forecasting. Instead of working to understand the actual costs of hiring new employees or transferring employees from one location to another, the budget process is tied to a number that is applied across the board based on tiers in the relocation program. An executive homeowner with a family relocating from Duluth, MN, to New York, NY, is given the same lump sum payment as another executive renter relocating from Las Vegas, NV, to Fort Wayne, IN. The renter will pocket a significant amount of money. However, the homeowner will not have enough funds to move their family.

Disadvantages of Lump Sum Relocation Packages

Lump-sum relocation packages make administration and budgeting more accessible for employers. However, there are several disadvantages employers are beginning to see in their organizations. First among these disadvantages is that many lump sum payments do not adequately cover all of an employee’s relocation costs. GMS’ 2019 Lump Sum Survey shows that employees spend more, sometimes significantly more, on their relocation than their lump sum payment. This includes:

  • 61 % of homeowners reported spending more
  • 50% of renters reported spending more

Employee Dissatisfaction

Ultimately, more than half of relocating employees need more lump sum cash to cover expenses. Naturally, this results in a higher level of dissatisfaction with the organization’s lump-sum relocation packages. Overall, dissatisfaction with lump sum payments follows these patterns:

  • 58% of homeowners reporting dissatisfaction
  • 53% of renters reporting dissatisfaction

Loss of Control

A significant disadvantage is the employer’s loss of control over spending budget dollars. Lump sum relocation packages disbursed directly to employees may result in company funds being spent on non-relocation expenses, including cars, televisions, vacations, or other items. Funds spent on non-relocation costs do not support the successful relocation of the employee. As a result, the relocation may be at a higher risk of failure. 

Additionally, this lack of oversight can lead to inconsistencies in how employees utilize their relocation funds. Some may prioritize essential moving expenses, such as hiring professional movers or securing temporary housing, while others might allocate their budgets toward personal indulgences. This disparity can create a sense of inequity among employees, as those who spend wisely may still face challenges in their relocation process. In contrast, others may find themselves financially comfortable but unprepared for the logistical aspects of moving.


Moreover, the unpredictability of lump-sum payments can complicate the relocation experience. Employees may underestimate the true costs associated with moving, leading to financial strain when unexpected expenses arise. For instance, last-minute repairs on a home, increased transportation costs, or the need for additional storage can quickly deplete the funds, leaving employees feeling stressed and unsupported.

To address these issues, organizations might consider offering more structured relocation packages that balance flexibility and support. For example, a tiered approach could allow employees to access funds based on specific needs, prioritizing essential relocation expenses while giving them autonomy over their choices. This way, companies can maintain better control over their budgets while enhancing employee satisfaction and reducing the risk of relocation failure.
Ultimately, a thoughtful approach to relocation packages can foster a more positive employee experience, leading to smoother transitions and greater overall satisfaction with the organization’s support. By recognizing the complexities of relocation and adapting their strategies accordingly, employers can create a win-win situation that benefits both the company and its employees.

Inefficiencies

Many GMS clients achieve significant spending reductions with relocation programs that follow industry best practices. A major GMS client recently conducted an in-depth study of their relocation program expenses. This client learned that if their organization moved to a lump sum program, they might increase their relocation program expenses by 40%. In other words, by following industry best practices, this client keeps relocation budget dollars that otherwise would have been spent on inefficient lump-sum relocation packages. Any GMS client can achieve the same reduction in relocation costs through:

  1. Benchmarking their relocation policy to industry best practices
  2. Efficient relocation program operation
  3. Providing support to transferees that they need
  4. Using business intelligence and data analytics to understand the actual costs of their relocation program
  5. Utilizing a competitive vendor network of relocation service providers

What Does This Mean?

Companies that offer lump sum relocation packages could save a significant amount of budget by following industry best practices. Lump sum payments let employers simplify their internal support, budgeting, and forecasting processes. However, this simplification may cost employers up to 40% or more of their relocation budget. It also results in over half of transferees reporting dissatisfaction with their relocation packages.

What Should Employers Do About Lump Sum Relocation Packages?

Employers with transferees or new hires who are recent college graduates, individual contributors, or new to their professional careers may be the best candidates for lump sum relocation packages. These employees are often renters and may not have a significant amount of household goods to move to a new location. Also, they tend not to require a significant investment in talent acquisition, as they compete for lower-tier positions.

Industry best practice is to provide a range of benefits for employers who have new hires and transferees at higher tiers. Employees at higher tiers often require a significant investment in talent acquisition. Benefits that help ensure successful relocations also result in higher employee satisfaction.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients understand how to create relocation policies that attract and retain talent. Our team can help your company provide the best experience for transferees and new hires with lump-sum relocation packages.

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 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 how your company can leverage lump sum relocation packages for new hires and transferees, or call us at 800.617.1904 or 480.922.0700 today.

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Complete Guide to Relocating with Children

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Full length portrait of happy father with two sons hanging pictures on wall while moving in to new home, copy space

Moving for work can be a stressful time; here’s a guide to help with your kids

Relocating for work can take time, whether within the same area or in a different city. And it can become even more intricate when you have young kids to consider. Your children compete for your focus during the entire procedure and may experience unease about the upcoming changes. However, it can be an easier transition if your employer provides relocation services for you and your family. 

Understanding how a relocation will impact your kids can assist you in getting ready for the changes and difficulties that lie ahead. We aim to provide you with helpful advice to make the transition easier. First and foremost, check with your relocation management company (RMC) to see what kind of family support services they provide for relocating employees. 

Moving can be just as stressful for children as it is for adults. According to a study published in the Journal of Personality and Social Psychology, the emotional impact of moving can have long-lasting effects on children’s mental well-being, which can persist into adulthood. This includes difficulties in forming social connections and a strong sense of identity. The consequences of moving can be particularly challenging for introverted or anxious children and those with rigid personalities, who may find it harder to make friends and develop a strong sense of self-worth.

How to Handle Relocating with Kids of All Ages

Many RMCs offer various family support services to help ease your children’s transition. These services include finding suitable schools or educational programs in the new location. It’s essential to ensure that your children’s education is not disrupted during the move, as this can further contribute to their stress and anxiety.

Additionally, some RMCs provide resources for finding extracurricular activities and clubs that align with your children’s interests. These activities can help them meet new friends and develop a sense of belonging in their new community. Whether joining a sports team, participating in art classes, or joining a scouting group, these activities can provide a much-needed sense of stability and routine during the relocation process.

Furthermore, RMCs may offer counseling services for children struggling with the emotional challenges of moving. Professional counselors can help children navigate their sadness, anxiety, or loneliness, providing them with the necessary tools to cope with the changes. These services can be invaluable in supporting your children’s mental well-being and helping them adjust to their new environment.

In addition to the services provided by the RMC, there are steps you can take as a parent to support your children during the relocation. Open and honest communication is vital. Sit down with your children and discuss the upcoming move, addressing their concerns or fears. Encourage them to express and validate their emotions, letting them know that it’s normal to feel a range of emotions during this time.

It’s also essential to involve your children in decision-making when possible. Allow them to have a say in the move, such as choosing their new room decor or exploring potential neighborhoods. This can help them feel a sense of control and ownership over the changes in their lives.

Lastly, try to explore the new community together as a family. Take walks around the neighborhood, visit local parks, and discover nearby attractions. Familiarizing yourselves with the new surroundings can help your children feel more comfortable and excited about their new home.

By utilizing the family support relocation services provided by your RMC and implementing these strategies, you can help alleviate some of the stress and challenges that come with relocating for your children. Remember, their emotional well-being is just as important as the logistics of the move, and by prioritizing their needs, you can ensure a smoother transition for the entire family.

GMS Makes It About the Whole FamilY

As a family moves more often, maintaining stability becomes increasingly crucial. It is vital to be well-prepared and actively engaged when relocating children, regardless of age. Children must be aware of the plan for the move, feel involved in the process, and have a positive anticipation towards the relocation.

When parents provide adequate assistance, relocating can benefit children, enhancing their self-assurance and nurturing their ability to interact with others.

Global Mobility Solutions (GMS) offers comprehensive assistance and tools for transferees and their families to guarantee smooth relocations. The team of experts at GMS specializes in corporate relocation. It can assist your company in evaluating potential candidates for assignments and providing top-notch relocation services for your employees and their loved ones.

Contact our team of professionals to explore how we can enhance your relocation support services. By providing inclusive relocation bundles, we guarantee that your company remains competitive in employment opportunities. Subsequently, we will help your employees achieve a smooth and effortless relocation experience.

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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.

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How Spousal Support and Family Services Affect Relocation Decision-Making

Family With Children And Pet Dog Outside House On Moving Day

The success of a relocation heavily depends on the happiness of the relocating employee and their family

The “spousal assistance” benefits have evolved from a small aid to a powerful support system. Companies now understand the importance of the well-being of both employees and their families in a successful relocation. This once-overlooked perk has become a valuable tool for personal and professional development. 

Employee and family assistance has become a must-have component in corporate relocation services by providing support that boosts confidence, helps overcome challenges, and reduces stress about the move. It is no longer an afterthought but a crucial component that can make a significant difference in the success of a move.

In the past, companies have seen corporate moves as simply moving an employee from one place to another as efficiently and inexpensively as possible. The concept of providing job search help for spouses, now known as “spouse assistance,” became popular in the 1980s. However, this support was usually only given to those spouses or partners who specifically requested it or even insisted on it.

In recent years, significant discussion has concerned the employee experience in the industry. However, policies have mostly stayed the same, and financial resources must be expanded.

In the current competitive job market, with a renewed emphasis on health and environmental responsibility following the pandemic, employers are reconsidering the concept of employee relocation. Instead of viewing it as a work-related change, companies recognize that moving affects every aspect of an individual’s personal and professional life. It is essential to acknowledge that employees are people first and foremost, and their well-being should be prioritized. This shift in perspective leads to a reassessment of how the relocation sector can better assist employees and their families during the moving process.

“spouse assistance” has transformed into “employee and family assistance,” enabling companies to support the overall well-being of the entire household proactively. This approach ultimately helps employees thrive in their new roles.

This shift in perspective recognizes the importance of considering the holistic needs of employees and their families when it comes to relocation. By supporting the employee and their spouse and children, companies can create a smoother transition and help ensure the employee’s overall well-being and productivity in their new location.

Employee and family assistance programs may include services such as helping spouses find employment in the new location, providing resources for children to adjust to a new school, offering counseling services for the entire family to cope with the stress of moving, and even assistance with finding housing and settling into the new community.

By taking a more comprehensive approach to relocation support, companies can demonstrate their commitment to the well-being of their employees and their families. This helps with employee retention and satisfaction and contributes to a positive company culture that values its workforce’s personal lives and happiness. Ultimately, investing in the well-being of employees and their families during a relocation can lead to tremendous success and productivity in the long run.

What GMS Does to Help Provide Spousal and Family Support Services

Offering a comprehensive array of career assistance and additional tools for transferees and their families is crucial for ensuring smooth relocations. The seasoned professionals at Global Mobility Solutions (GMS) possess the skills and know-how needed to aid your company in evaluating potential candidates for assignments and offering top-notch relocation services for employees and their loved ones.

Our team at GMS understands the importance of supporting the transferee and their family during the relocation process. We offer various services such as spouse career support, school search assistance, and settling-in services to ensure the entire family feels supported and comfortable in their new location. By providing comprehensive support to the employee and their family, we can help reduce stress and increase the likelihood of a successful relocation. Contact us today to learn more about how GMS can help provide your employees spousal and family support services.

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Corporate Relocation Corporate relocation tips Domestic Relocation Challenges Domestic Relocation Tips Global Mobility

What Is Corporate Housing?

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Europe modern complex of residential buildings. And outdoor facilities.

A Deeper Look at Short-Term Corporate Housing Benefits

For quick 1-3 night work trips, many companies will offer employees hotel accommodations. Simple and typically supported by business-friendly amenities, hotels are great for meetings that require traveling. But what about work assignments that last weeks or months? What about employees accepting relocation offers to a new city or state? Are there options that the company can provide them? 

Corporate Housing options are intended for employees on extended trips or for employees who are relocating alone or with their families. Additionally, extended corporate housing benefits are being used to help employees between homes due to the robust housing market in 2024. 

Corporate housing, also known as short-term housing, is a temporary living accommodations network provided by the employee’s company that offers houses, condos, or apartments for the duration of the employee’s assignment or final move. Leases on these properties are typically contracted for 30, 60, or 90 days. 

Typically, corporate housing offers fully equipped apartments with a fully stocked kitchen, a complete bathroom, and standard appliances. In more unusual cases, single-family houses may be provided for relocation purposes. Alternative terms for corporate housing encompass short-term accommodation, business housing, executive flats, serviced apartments, and temporary lodging.

Corporate Housing vs Rental Properties

The primary difference between short-term corporate housing options and typical rental homes or apartments is that corporate housing is provided to employees as a part of their relocation or assignment benefits package. Common rental properties are typically not covered as part of the company policy. 

For companies with a large volume of employees consistently relocating to the exact location for longer than 30 days, working with a relocation services management company (RMC) could be beneficial. An RMC can broker contracts with a landlord or apartment complex to maintain a predictable long-term rate and consistent availability. This can be more advantageous as the company can cycle relocating or traveling employees through the properties as they move or report for assignments.

Who Uses Corporate Housing Options?

Companies with employees whose work assignments last 30 or more days typically take advantage of corporate housing. A primary reason is comfortability, as corporate housing creates a more at-home feeling to help keep employees focused. However, with the current real estate trends, more companies are shifting towards offering short-term housing options for relocating employees who need extra time to sell or purchase a suitable home.

The perks of corporate housing also offer various benefits to employees who are being transferred. To begin with, these advantages are often part of their employer’s relocation policy, meaning that the company pays for them. This helps alleviate the financial pressure on the employee. Furthermore, staying in temporary accommodation enables the relocating individuals to concentrate on familiarizing themselves with their new city and its environs before they endeavor to buy their own property. Lastly, corporate housing facilitates a transitional period for the relocating employees and their families, allowing them to adjust to the changes that come with moving.

For example, an employee who has to report on a specific start date can do so while staying in corporate housing. As the employee works at their new destination, the family can finish the school year, prepare their property for sale, or oversee the shipment of their household goods before rejoining the spouse/partner. This transitionary period is critical in ensuring the relocation is as stress-free as possible for everyone it impacts. 

Furthermore, a transferee’s residence often sells rapidly in a thriving real estate market, leaving the employee with scarce options and a fiercely competitive market at their intended location. This can pose challenges for the buyer in swiftly acquiring a new home, prompting the family to seek temporary accommodations to bridge the gap. In the present real estate landscape, providing temporary housing perks and extensions in such circumstances is increasingly customary.

Industries & Job Types That Commonly Utilize Corporate Housing

While temporary housing is used by a broad range of organizations with relocation programs, the following are more common examples of industries and job types that utilize these benefits:

  • Healthcare – traveling nurses, doctors, and specialists 
  • Energy – oil and gas company employees
  • Military – those on temporary duty assignment (TDY) or performing a permanent change of station (PCS)
  • Finance and banking – commonly auditors on assignment
  • Technology – IT professionals on projects
  • Retail – Trainees and managers supporting store expansions
  • Entertainment – stage crew and performers

Primary Benefits of Corporate Housing

As discussed, corporate housing offers both the company and the employee a solution regarding price and ease of transition. Additionally, the company has multiple employees coming and going from a specific city. In that case, it provides peace of mind knowing that they will have living accommodations available for their employees who are relocating or are on assignment. 

Risk mitigation is an additional benefit of corporate housing. Companies who contract with corporate housing facilities know the property is safe and secure and provide priority coverage for the employee if something goes wrong. 

For example, if an employee finds that an appliance is not working, that the plumbing has issues, or that there is an electrical problem, the property management team is there to handle it. Conversely, suppose employees are left on their own to rent temporary accommodations. In that case, they and the company are exposed to unnecessary risk, as there are no guarantees that the problem can be fixed promptly.

How to Learn More About Short-Term Housing for Employees

Corporate housing options can benefit all parties involved when it comes to relocating a job assignment, for both the company and the transferring employee. However, it is important to note that temporary housing benefits should be specified in the company’s relocation policies. Working with a full-service global mobility solutions team, like GMS, can help assure your corporate housing policies are clear and concise. Additionally, GMS offers relocation coaching to relocating employees to guide them on their journey and maximize their relocation benefits. Contact us today with any questions about corporate housing solutions or relocation needs.

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.

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Corporate Relocation Corporate relocation tips Domestic Relocation Tips Employee Development Global Relocation

How to Negotiate a Relocation Package

two women discuss relocation packages in a job interview
The mature adult female business owner smiles encouragingly at an unrecognizable female job applicant.

When interviewing for a new job, make sure your relocation needs are met

Negotiating a relocation package involves understanding what is covered, discussing expectations with your employer, and being willing to compromise. Read on for a comprehensive look at arranging a relocation package with your employer so you can confidently navigate your move with ease and peace of mind.

Understanding what is covered in a relocation package is crucial before negotiations. Typically, a relocation package includes moving costs, temporary housing, transportation, and even assistance with selling or renting your current home. It is essential to clearly understand what expenses will be covered and what will not be so that you can plan your budget accordingly.

Negotiating a relocation package requires a certain level of flexibility and compromise. While it is essential to advocate for your needs, it is also crucial to understand that your employer may have limitations or constraints. Be open to discussing alternatives or finding creative solutions that benefit both parties. For instance, if your employer cannot cover certain expenses, they may be willing to provide a higher salary or additional benefits to compensate.

Remember, maintaining a positive and collaborative attitude is critical to successful negotiations. Approach the conversation with a willingness to find common ground and reach a mutually beneficial agreement. Be prepared to provide supporting documentation or evidence to justify your requests, such as cost estimates for moving services or rental prices in the new location. This will demonstrate that you have done your research and are making reasonable demands.

Here are some points to cover when negotiating for relocation assistance:

Understand What Relocation Expenses are Covered

Employers typically offer a relocation package to assist with the costs associated with moving. This package can encompass various expenses, such as:
– Costs relating to travel, including transportation and hiring professional movers.
– Assistance with selling your current residence or purchasing a new one.
– A lump sum of money is provided to cover general moving expenses.
– Support in obtaining a work visa if necessary.

It is crucial to clarify which expenses will be covered when negotiating your relocation package with your employer. Understanding the specifics beforehand will allow you to plan accordingly and ensure a smoother transition during the relocation process. Whether you must pay for these expenses upfront or are eligible for reimbursement, having this information beforehand is essential.

Discuss Your Expectations

Being honest and open with your employer regarding your expectations and desired outcomes is crucial. Communicate the specific assistance you require from them, and provide any relevant information that could impact their decision-making process. Additionally, it is advisable to inquire about the company’s policy on relocation and the usual support provided. By clarifying these details, you will better understand the extent of their offer and determine the level of additional support you may need. For example, you might need extra time off for the relocation or other funds to cover temporary living expenses.

Do Your Research

After you have clearly outlined the particulars of your relocation and thoroughly discussed your expectations with your employer, it is crucial to delve into the specifics. Take the time to research the cost of living in your prospective new city, and be ready to request additional assistance if it significantly surpasses your current location.

It is advisable to be upfront and straightforward about your specific requirements for the relocation package, whether it be extra time off, a salary increase, or supplementary funds to cover expenses.

One crucial aspect to consider when negotiating your relocation package is the cost of living in the new location. Research the average housing prices, groceries, transportation, and other essential expenses to understand how far your relocation package will stretch. This will help you determine if the financial assistance provided by your employer is sufficient or if you need to negotiate for additional support.

Be Open to Compromise

After you have clearly outlined the particulars of your relocation and thoroughly discussed your expectations with your employer, it is crucial to delve into the specifics. Take the time to research the cost of living in your prospective new city, and be ready to request additional assistance if it significantly surpasses your current location.

It is advisable to be upfront and straightforward about your specific requirements for the relocation package, whether it be extra time off, a salary increase, or supplementary funds to cover expenses.

One crucial aspect to consider when negotiating your relocation package is the cost of living in the new location. Research the average housing prices, groceries, transportation, and other essential expenses to understand how far your relocation package will stretch. This will help you determine if the financial assistance provided by your employer is sufficient or if you need to negotiate for additional support.

Final Negotiation Tips

Additionally, it is crucial to familiarize yourself with the local laws and regulations of the new city or country. This includes understanding the visa requirements, tax obligations, and other legalities affecting your relocation. You can avoid any surprises and ensure a smooth transition by being well-informed.

Furthermore, don’t hesitate to reach out to colleagues or contacts who have previously relocated to the same destination. They can provide valuable insights and advice based on their own experiences. They may also recommend reliable real estate agents, schools, or other services to assist you during your move.

Lastly, remember to take care of yourself throughout the relocation process. Moving to a new place can be emotionally and physically draining, so prioritize self-care. Stay organized, maintain a positive mindset, and lean on your support network for assistance.

In conclusion, negotiating a relocation package requires thorough research, practical communication, and a clear understanding of your needs. By following these steps and considering all the necessary factors, you can ensure a successful and stress-free relocation experience.

Global Mobility Solutions (GMS) has provided clients with the best relocation services since 1987. Our expert team can assist in getting employees from point A to point B, no matter how far the move is. Contact us today to set up a free policy review!

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.

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