Category: Domestic Relocation

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Domestic Relocation Domestic Relocation Tips Global Relocation Global Relocation Tips Relocation Technology

Saving Time and Increasing Data Accuracy with a Relocation API

Clients can save time and increase the accuracy of transferee initiations in their relocation program through an Application Programming Interface, or relocation API. An API provides a framework for different computer systems to communicate and share information. Generally, it lists operations that software developers can use in their design work. Also, an API includes descriptions for what they actually do. A relocation API facilities the communication of information that a Relocation Management Company (RMC) uses for initiations or other relocation-related functions.

Where Should a Client Start with a Relocation API?

The Global Mobility Solutions (GMS) team of developers has extensive experience building APIs to help clients with their relocation program needs. The team recently built an exceptionally robust relocation API for a client’s in-house system to interact with MyRelocation®. Award winning cloud-based MyRelocation® technology is specifically designed to streamline a company’s relocation management.

The GMS MyRelocation® technology provides everything a transferee needs to track and manage their relocation. It also provides clients with an advance financial reporting dashboard including over 200 custom reports on demand.

GMS’ team of developers recommends that before discussing a relocation API, clients should identify their goals. Having clear goals and defined end tasks helps developers quickly hone in on several possible solutions that will work correctly. In general, clients should consider goals including:

  1. Increasing process efficiency
  2. Improving data accuracy
  3. Providing flexibility for data and processes
  4. Enhancing speed of data transfer
  5. Additional and possible future uses for the relocation API data

For example, a client may want to implement a relocation API to replace current processes of completing online forms or submitting PDF documents that duplicate data in the client’s current system. Many clients with transferees already have the relocating employee’s information within their internal Human Resource Information System (HRIS). A relocation API can leverage this data to facilitate relocation initiations in the MyRelocation® portal. That same data is then available for use to interface with the GMS Travel Management Program. It might also be of use with visa and immigration systems for global relocations.

What does a Relocation API do?

Once a client defines their goals, developers can work together to define the relocation API. Major elements of it should include:

  • What the API actually does—the data it communicates with between systems
  • How the API works within the systems—where does data reside and how does it move between systems
  • The specific actions on each side of the interface to facilitate its functioning

By taking a holistic approach to development, clients and GMS can anticipate relocation program requirements and transferee needs. Clients can achieve significant process efficiencies and direct time savings toward value-added corporate objectives.

What Should Employers do?

Employers should examine their current relocation programs and processes to identify opportunities to create a relocation API. This will help internal departments increase their efficiency and save valuable time they can use to focus on business goals and corporate objectives.

Employers should work with a qualified and experienced Relocation Management Company (RMC) that can provide guidance and insight as to best practices for developing a relocation API. Industry-leading relocation technology solutions are specially designed to quickly and easily integrate with each client’s Human Resource Information Systems.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients understand how to identify and develop their relocation API. Our team can help your company create a relocation API that follows industry best practices. As a result, your company will save time, and increase its data accuracy.

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. Contact our experts online to discuss your company’s interest in developing a relocation API, or give us a call at 800.617.1904 or 480.922.0700 today.

Request a relocation technology demo

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Buy a Home Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Household Goods

Van Line Survey Notes Several Transferee Moving Challenges

man smiling while moving boxes into his new home
Portrait of a young man carrying a box while moving house

Allied Van Lines conducts a regular “On the Move” survey of employees who move for work to determine the transferee moving challenges from their viewpoint. Survey responses from over 1,000 people provide helpful insight into the impact of workforce relocation. The findings reveal specific points that companies should address in their relocation programs.

The Top 3 transferee moving challenges identified in the survey show points companies should address to improve employee retention and satisfaction. Companies should choose to work with a qualified Relocation Management Company (RMC). RMCs have knowledge and experience to help clients design robust relocation programs that provide the best relocation experience for transferees.

What are the Top 3 Transferee Moving Challenges?

1. Short Timeframes for Moves

The majority of survey respondents were given 0 to 30 days for their move, and the next largest group were given 31 to 60 days. Increasing market competition and evolving dynamics require corporate speed and flexibility. Companies often must act quickly to hire qualified staff and move them to where they can be the most productive.

RMCs have resources and solutions to help companies maintain responsiveness while providing a positive relocation experience for employees. Transferee moving challenges related to short timeframes can be addressed with a robust relocation policy that is designed to provide solutions that benefit both clients and relocating employees.

2. Finding a New Home

One of the most difficult and time-consuming transferee moving challenges is finding a home in the new location. Choices can vary, and may include some of the following:

  1. Short-term corporate housing
  2. Renting before buying
  3. City/suburb/neighborhood location
  4. Apartment
  5. Condominium
  6. House
  7. New construction loan for relocation

RMCs have a number of solutions for transferee moving challenges related to finding a new home. Many transferees are relocating to a new location they know very little about, and will then search for a new home to purchase. A Realtor® working with the RMC should ask a number of questions to help the transferee clarify and express their preferences and interests.

3. Making Friends in the New Location

Transferee moving challenges are often amplified by the effects of the move on spouses and family members. While the transferee may have a built-in network of work colleagues in the new location to help them with their transition at work, they and their family will need to settle into the new community and make new friends.

One of the first challenges a transferee faces is career support for their spouse. Successful relocations often hinge on the spouse or partner’s career needs also being addressed. Transferees expect career support for spouses and partners as part of their relocation experience. In our Case Study on Educational Institution Relocation Programs, GMS helped a client learn that their biggest challenge in retaining new hires was due to not having career support for spouses and partners moving to the new location.

Pre-Decision Services Help Transferees

Companies should provide Pre-Decision Services in their relocation policy for transferees to help them learn about their new location. Candidate assessments and family pre-decision evaluations help companies determine the employee’s expectations, skills, personal qualities, family situation, and their financial readiness for the relocation. Helpful information an RMC can provide to the employee and their family for their decision-making process includes:

  • Cost of living analysis for the new area
  • Market analysis for home sales
  • School reports and information about activities
  • Moving cost estimates
  • Community tours to help familiarize employees and their family members with the new location

Provide Support for Spouses, Partners, and Family Members

Family member support is as critical to a transferee’s relocation success as to career support for spouses and partners. RMCs should provide a number of resources to help families settle in to their new area and reduce transferee moving challenges, including:

  • Helpful online resources for families to learn about local amenities
  • Community networks in the new location
  • Assistance in obtaining a local driver’s license
  • Arrangements for child care
  • Utility connections and installations
  • Ensuring health insurance coverage during the interim period
  • Identifying nearby medical resources and primary care physicians

What Should Employers do to Address Transferee Moving Challenges?

Transferee moving challenges should be addressed with robust solutions. Companies should work with a qualified and experienced RMC that can help them design a relocation policy that promotes successful relocations. The career needs of spouses and partners should be included in the transferee’s relocation experience. Family support is also critical to reduce any disruption from the move and provide peace of mind for the transferee, their spouse or partner, and their family members.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients develop relocation policies and programs that address transferee moving challenges. Our team can help your company determine how to design a robust relocation program that provides the best relocation experience for your company’s transferees and their family members.

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 company’s relocation program and the need to reduce transferee moving challenges, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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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.

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Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Household Goods

Why You Should Plan Ahead for Summertime Household Goods Moves

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.

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Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends

What are the 2019 Best States Overall?

What are the 2019 best states overall? Many factors go into determining this ranking. Some of these factors are important to some people, but not to others. Anyone who travels throughout the United States can clearly see that some states do an outstanding job with their infrastructure. However, a measure such as health care may be of greater concern for some residents.

What are the factors used to create a comparative ranking, and should importance to residents be a weighting factor?

US News & World Report’s 2019 Best States Overall Ranking focuses on eight major ranking categories that cover 71 metrics. Of these eight major categories, the most heavily weighted are health care and education, as these were found to be the most important to people.

Health Care

Access to hospitals, doctors, clinics, and health care resources, as well as affordability, quality of care, and health care results.

Education

Preschool and kindergarten through high school are reviewed. Access to charter schools, educational achievement, and schooling requirements impact this category.

Economy in the 2019 Best States Overall

Several indicators of economic health are part of this category. Number of jobs and job growth, measurements for unemployment and part-time employment, productive output including Gross Domestic Product (GDP) for the state, migration into states, and business startups all contribute to this category’s metrics.

Opportunity

This category specifically covers issues of fairness in 2019 best states overall. For example, fair housing compliance, economic performance versus poverty levels, and equal access to opportunities in jobs, housing, and organizations for all people including minorities, women, people of various ages and ethnicities, and those with disabilities.

Infrastructure Throughout the 2019 Best States Overall                                                  

Specific use of renewable energy including solar, wind, and geothermal, as well as the quality of broadband internet access. Rail, air, ocean, and road transportation and the systems that allow movement of people and goods.

Crime & Corrections

This category focuses on rates of violent crimes and property crimes. It also focuses on rates of incarceration across populations, management of prison systems, and overall public safety measures.

Fiscal Stability

Fiscal stability of state governments ensure the success of government-sponsored programs put in place to help residents and provide major services. Public education, pension liabilities, state budgetary measures, cash solvency, and other state-level social and public programs all serve as indicators of a state’s fiscal health. Chamber of Commerce.org presents a summary comparison of each state’s wealth, showing wide disparities between states and across regions.

Quality of Life

Clean water and air directly affect each 2019 best states overall resident’s quality of life. Also, community social support such as access to libraries, social service organizations, and public amenities increase resident quality of life. People tend to be happier and experience greater physical and mental health in areas with higher quality of life.

What are the Top 10 2019 Best States Overall?

While each state’s measurements in the eight major ranking metrics vary, the rankings indicate the following top 10 2019 best states overall:

  1. Washington
  2. New Hampshire
  3. Minnesota
  4. Utah
  5. Vermont
  6. Maryland
  7. Virginia
  8. Massachusetts
  9. Nebraska
  10. Colorado

Destination Spotlights for the 2019 Best States Overall

Want to learn more about the 2019 best states overall? Global Mobility Solutions (GMS) has a wide range of North America destination spotlights that highlight information useful to clients considering relocation programs, and to transferees as they consider assignments in new locations. Our team has published several other destination spotlights including several for Global locations, and you can also Request a Spotlight.

Conclusion

Thoroughly researching a destination to learn about the location, employment statistics, major employers, and cultural highlights is critical to relocation success. The North America relocation experts at Global Mobility Solutions (GMS) have the knowledge and expertise to help your company understand how to review the 2019 best states overall ranking.

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.

Our experts can also help your company determine how the ranking metrics relate to your company’s relocation program and transferee’s needs so you can offer your employees the best relocation experience. Contact our team of experts to discuss your 2019 best states overall relocation destination, or call us at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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Domestic Relocation Domestic Relocation Trends Talent Mobility United States Economy

United States Demographic Trends and Immigration Patterns

A recent report by the Economic Innovation Group describes United States demographic trends. As a result of these trends, several of the country’s cities, counties, and states experience declining population. Declining population negatively impacts economic growth in several ways:

Impacts of Declining Population

  • Housing market demand falls
    • Downward effect on home prices
  • Local government finances decline
    • Higher taxes to maintain current level of government services
    • Reduction in government services
  • Population of working age adults declines
    • Productivity falls
    • Economic opportunities stagnate
    • Reduced business startups

United States Demographic Trends: States and Territory Losing Population

According to the United States Census Bureau, nine states and one territory lost population in 2018. While the nation’s total population grew by 0.6%, the following states and territory experienced significant declines:

  • Puerto Rico: -129,848 -3.91%
  • New York: -48,510 -0.25%
  • Illinois: -45,116 -0.35%
  • West Virginia: -11,216 -0.62%
  • Louisiana: -10,840 -0.23%
  • Hawaii: -3,712 -0.26%
  • Mississippi: -3,133 -0.10%
  • Alaska: -2,348 -0.32%
  • Connecticut: -1,215, -0.03%
  • Wyoming: -1,197 -0.21%

Of particular note, Puerto Rico’s population has been declining over the past decade. However, Hurricane Maria in 2017 accelerated the population decline even during the recovery period.

Counties with Declining Population

The Economic Innovation Group reports that all states have areas with declining population. As a result of uneven population growth as well as migration patterns, the United States demographic trends from 2007 to 2017 resulted in:

  • 50% of states losing working age population
  • 43% of counties in the average state losing population
  • 76% of counties in the average state losing working age population

Possible Solution for United States Demographic Trends

There is a possible solution that might help states and counties experiencing population decline. For example, a visa program that specifically targets immigration to these places with a range of incentives might bring new residents. Highly skilled immigrants currently gravitate to leading tech centers such as San Francisco, Washington D.C., and Boston/Cambridge.

A “Heartland Visa” program as described in the Economic Innovation Group’s report might provide incentives for other areas of the country to benefit from highly skilled immigrants. Canada actively pursues immigration as a solution to temper the effects of an aging population, and to ensure future success from immigrant’s contributions. Ontario province is seeking to attract highly skilled immigrants to smaller cities and towns. A similar program might help alter United States demographic trends so that states and counties losing population could lessen its impact, if not reverse the trends.

What Should Employers do?

Employers in locations experiencing population decline due to United States demographic trends should investigate all of the current United States visa programs. They also might consider advocating for a targeted visa program with incentives that would encourage highly skilled immigrants to migrate to their specific area.

Employers should also review their talent acquisition and management programs to ensure they remain competitive to attract and retain 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.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees. Our team can help your company determine how to leverage United States migration patterns for talent acquisition and management.

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. Since United States demographic trends may result in challenging employment situations, companies should verify their relocation program supports talent acquisition. Give our experts a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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Buy a Home Domestic Relocation Domestic Relocation Trends Job Market Job Seekers Talent Mobility United States Economy

United States Migration Patterns: Where are People Moving To?

United States Migration Patterns: Where are People Moving To?

A recent study by United Van Lines tracking 2018 United States migration patterns shows which states people are moving to.  According to the study, the top 5 states experiencing the highest rates of inbound migration are:

Top 5 States Growing due to United States Migration Patterns

  1. Vermont
  2. Oregon
  3. Idaho
  4. Nevada
  5. Arizona

To understand these patterns, it is best to look at a number of local as well as national trends and how these trends impact each state.

Vermont

Vermont benefits from United States migration patterns impacting employment and jobs. This state has a relatively small population compared to other states. Therefore, significant growth in employment is due mostly to people moving to the state to take new jobs or as a transferee within their company. Vermont industries experiencing exceptional growth include:

  • Renewable and Clean Energy including the highest number of solar jobs per capita in the nation
  • Tourism and Outdoor Recreation including top destinations for skiing, camping, and hiking
  • Food Processing including craft beer, cheeses, and maple products
  • Financial Services and Insurance including #1 ranking in the world for assets under management in captive insurance

Vermont is also well known for its beauty, with mountains, lakes, and four distinct seasons. The state has many pristine areas, and tourism is a significant industry. As a result, retirement is another factor driving United States migration patterns with Vermont as a choice retirement destination.

Oregon

Oregon benefits from United States migration patterns impacting employment and jobs. The state’s economy is one of the fastest-growing in the nation. This is due in part to significant job growth in the manufacturing sector including:

  • Computer and electronic products
  • Machinery
  • Primary metal

Oregon’s landscape includes mountains, lakes, rivers, forests, and waterfalls. The natural areas encourage an outdoor lifestyle, and several state parks are ideally situated for camping, hiking, biking, and boating.

Idaho

Idaho has seen growth from United States migration patterns relating to retirement. More than half of movers into the state were in the age range between 55 an 74 years old. New residents to Idaho gain access to several lifestyle features they could not have in more populated areas, including:

  • Outstanding National Parks
  • Mild climate with four seasons
  • Neighborhood walkability
  • Low cost of living
  • Educational and cultural centers

Idaho has a relatively low estimated population of 1,790,000 residents. Comparing Idaho to other states, population density is 19.8 people per square mile versus the national average of 434.9 people per square mile. New York by comparison has 419.0 people per square mile. Idaho is known for wide open spaces.

Nevada

Nevada benefits from United States migration patterns impacting employment and jobs. Most migration to the state is for people to take a new job. The state’s growth industries include:

  • Tourism including Gaming
  • Clean Energy Initiatives including Solar, Wind, and Geothermal
  • Mining including Gold, Silver, and Lithium
  • Aerospace and Defense including several Air Force Bases
  • Information Technology powered by a strong Digital Infrastructure

With no income tax, low property taxes, and a warm climate, retirees find Nevada a welcoming place. Around half of movers into the state were in the age range between 55 an 74 years old.

Arizona

Arizona benefits from United States migration patterns relating to retirement. Most of the moves to Arizona were for retirement, followed closely by moves for a new job or as a transferee. There are several reasons people choose Arizona for retirement, including:

  • Generally pleasant climate
  • Exceptional natural attractions such as the Grand Canyon
  • Low cost of living
  • Greater number of retirees for social groups
  • Tax-friendly policies

Arizona is increasingly diversifying its economy, with growth in a number of industries including:

  • Bioscience Research and Development
  • Technology and Innovation
  • Manufacturing including High Tech
  • Aerospace and Defense including top ranking University Programs
  • Business and Financial Services including Data Centers

According to a new economic report by State Policy Reports, Arizona ranks #3 in the nation for economic momentum. The momentum is based on Arizona’s growth in categories such as population, employment, and personal income.

What Do United States Migration Patterns Mean for Employers?

Employers in the states of Vermont, Oregon, Idaho, Nevada, and Arizona benefit from United States migration patterns that draw a variety of new residents. Growing industries with burgeoning job opportunities tend to generate additional jobs. As a result, communities grow in population and related services are needed such as housing, retail, insurance, and child care. Demand for employees may be strong in these states and many other locations, especially during tight labor markets.

What Should Employers do About United States Migration Patterns?

Employers in locations that benefit from United States migration patterns should review their company’s growth plans and requirements for jobs across all levels of skill sets. A company’s growth plans will impact the number and type of jobs required to meet business plans and goals.

Since the nation is experiencing low unemployment, employers should review their talent acquisition and management programs to ensure they remain competitive to attract and retain 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.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees. Our team can help your company determine how to leverage United States migration patterns for talent acquisition and management.

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.

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 program needs. Since United States migration patterns may lead to a growing local population and potential future workforce, be sure your company’s relocation program supports talent acquisition. Give our experts a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

Categories
Domestic Relocation Home Purchase

What is the Buyer Value Option Program, and How Does it Work?

Family With Children And Pet Dog Outside House On Moving Day

Companies can save money with the Buyer Value Option program. However, many companies are not aware of what this program is, and how it actually works. Global Mobility Solutions (GMS) has many clients who use this program. As a result, our clients have much success and higher satisfaction levels for new hires and transferees.

What is the Buyer Value Option Program?

Most corporations use a form of tax assistance, known as tax gross-up, to help offset the tax impact felt by the transferee receiving reimbursement. The gross-up expense can add substantial costs.

The GMS Buyer Value Option program lowers costs from income tax gross-ups associated with the reimbursement of transferee real estate closing costs.

The GMS Buyer Value Option program avoids the costly process of “grossing up” dollars used to pay for the commissions and closing costs on the sale of a transferee’s home. Typically, commissions and closing costs are associated with the sale of a transferee’s home. These two expenses represent the majority of the total costs incurred during a relocation. Reimbursement to a transferee of these expenses is considered taxable compensation by federal and state authorities.

How Does the Buyer Value Option Program Work?

Once a transferee receives a valid offer to purchase from a 3rd party buyer, and after GMS has been able to verify that all contractual terms are customary, the transferee turns the sale of the home over to GMS. GMS purchases the home from the transferee and subsequently transfers the home to the 3rd party purchaser. All closing costs and realtor commissions are paid by GMS and billed directly to the employer. Since the transferee does not incur any home sale expense, regular reimbursement of these expenses is not required.

The Buyer Value Option program allows the transferee to move quickly, and maintain their focus on the new job and community rather than on the sale of their home. Once their home is turned over to GMS, the transferee relinquishes all obligations including attending the actual closing. GMS manages the entire sale and closing process on behalf of the transferee. Transferees gain peace of mind with the knowledge that GMS is handling the sale of their home. They can also focus on their new home and enjoy their new surroundings.

What is the Buyer Value Option Process?

  1. Employee lists home with the help of GMS
  2. Similar to a traditional sale in the transferee’s eyes
  3. Once a buyer is found, GMS transfers the title from seller to GMS
  4. GMS sells to the outside buyer at closing
  5. The client is billed 10% for commission and closing costs prior to closing, eliminating the transferee’s out-of-pocket costs
  6. Home sale is closed by GMS
  7. Equity is wired in full to the transferee’s account of choice after closing
  8. GMS refunds the difference back to the client
  9. To complete the transaction there are strict IRS guidelines that must be followed

How Does the Buyer Value Option Program Reduce Risks for Clients?

The Internal Revenue Service requires putting the client at risk of owning the home in order to receive the tax benefit. If the buyer falls through prior to closing, the client will be financially responsible until a new buyer is found.

  • On average, 1.5% of properties fall through within the industry
  • However, less than 0.5% have fallen through in the last 3 years at GMS

How Do Employees Save Time?

The GMS Buyer Value Option program does not require the transferee to appear at closing. This lets the employee focus on their position and objectives, while settling in to life in their new community.

How Does a Company Save Money With the Buyer Value Option Program?

Since tax gross-ups are not required, companies can achieve significant savings. In order for an employee receiving a $24,000 home sale reimbursement to net the actual amount of the reimbursement and not feel an impact on their take home pay, it will cost a company $43,800. This cost can escalate even further if a company elects to take an individual’s actual tax bracket into consideration.

By utilizing the GMS Buyer Value Option program there is no tax gross up, and a company saves $19,800. Since the transferee does not have to appear at closing, companies also save on return trip costs.

What Should Companies With a Home Sale Program Do?

Companies that are currently reimbursing employees for the commission and closing costs on their home sale should look into the GMS Buyer Value Option program. Home sale expenses are the only remaining tax-protected relocation benefit when a company utilizes the GMS Buyer Value Option program. Companies can save the tax gross up on the reimbursement, and gain additional benefits including:

  • No need for the employee to be at the closing of their home sale
  • No return trips necessary to attend the closing if your employee is already at the new destination
  • The employee can more quickly adapt to their new role and become an effective member of the team

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients develop their home sale and Buyer Value Option program. Our team can help your company understand how it can save the tax gross up on home sale reimbursements.

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 Buyer Value Option program, or give us a call at 800.617.1904 or 480.922.0700 today.

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Categories
Domestic Relocation Domestic Relocation Tips

Massachusetts May Retain Deduction for Moving Expenses

The state of Massachusetts may retain deduction for moving expenses that the 2017 Tax Cut and Jobs Act (TCJA) eliminated at the Federal level. According to the Massachusetts Revised Working Draft TIR 19-XX: Impact of Selected Provisions of the Federal Tax Cuts and Jobs Act on Massachusetts Personal Income Tax under Chapter 62 published on April 1, 2019:

Section B., “Amendments to which Massachusetts does not conform for the purposes of G.C. c. 62,” notes in sub-section III that the exclusion from gross income afforded under IRC § 132(a)(6) and (g) and the deduction allowed under IRC § 217 are still allowable for eligible Massachusetts taxpayers.

What does the 2017 Tax Cut and Jobs Act Require?

Beginning in 2018, the TCJA requires the following changes:

  • Eliminates the deduction for moving expenses
  • Unreimbursed moving expenses are also not deductible
  • Employer reimbursed moving expenses are:
    • Not deductible (this is the basis for Massachusetts choosing to retain deduction)
    • Included in income
    • Taxable to the taxpayer

What is the Impact of Massachusetts Choosing to Retain Deduction for Moving Expenses?

Massachusetts taxpayers may benefit from the state choosing to retain deduction for moving expenses. These taxpayers may also benefit from the state choosing to exclude moving expenses from gross income calculations. Governor Charlie Baker signed the state of Massachusetts’ Fiscal Year 2019 budget into law in July 2018. The plan supports his administration’s full commitment to balancing the state budget from a structural standpoint. Since Massachusetts currently has a healthy budget status, the ability to retain deduction for moving expenses should not materially impact state finances.

What Should Employers do Since Massachusetts is Choosing to Retain Deduction?

Employers in the state of Massachusetts should keep aware of changes to local tax laws. They should highlight the state’s interest to retain deduction for moving expenses to new hires and transferees. This is a favorable benefit for those choosing to relocate to Massachusetts.

Massachusetts has a need for workers. Recently Massachusetts had the largest construction worker shortage in the United States. Employers should work with a qualified Relocation Management Company (RMC) that has the experience and knowledge to help them understand how to leverage tax law changes for their relocation program.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how local tax laws may impact their relocation programs. Our team can help your company determine how to highlight the benefit of Massachusetts choosing to retain deduction for moving expenses to new hires and transferees.

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 company’s relocation program and ways to highlight Massachusetts choosing to retain deduction for moving expenses, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

Categories
Domestic Relocation Domestic Relocation Challenges

What is the Best Way to Overcome Reluctance to Moving?

Employers must find ways for transferees to overcome reluctance to moving. Relocation to a new home, city, state, or country may be stressful for transferees and their family members. During periods of strong economic growth and tight labor markets with plentiful jobs, job seekers may not have to leave their homes for new employment. Employers should have access to a range of tools and resources to help overcome reluctance to moving.

How Talent Acquisition Programs can Help Overcome Reluctance to Moving

A strong talent acquisition program will include pre-decision services. Global Mobility Solutions is the pioneer of pre-decision services. GMS experts know that putting in the extra effort upfront helps employers as well as transferees in the relocation process. These services are an important tool to help retain new hires and ensure successful relocations. Relocating employees benefit from pre-decision services and are more likely to report being highly engaged with their company and new home.

Family Does Matter in Helping to Overcome Reluctance to Moving

For employees with families, the decision to relocate is a family matter. Many families have both spouses working, so any relocation should include career support for spouses and partners. GMS recently published a Case Study on Educational Institution Relocation Programs. In this Case Study, GMS describes how working with the client to engage spouses in the relocation process increases relocation success. In fact, the client’s biggest challenge in their hiring process was that spouses felt left out of the decision-making process. As a result, many dual career couples moving to the new location had a difficult time adapting if there was no job for the spouse.

Pre-decision Services for Transferees

Pre-decision services assist both the employee and the company in determining the benefits and challenges of a potential relocation to help overcome reluctance to moving. The general process is:

  1. Relocation Management Company (RMC) engages the transferee early in the process.
  2. RMC identifies points that are important to the transferee and their family members.
  3. The RMC arranges community tours, housing information, and cost of living analyses.

Pre-decision services help remove all of the unknowns, and generate positive excitement for the transferee and their family members to help overcome reluctance to moving.

Organizational Benefits of Pre-Decision Services

For employers, pre-decision services are proven to increase offer acceptance and decrease time to acceptance. Also, built-in programs like Candidate Expense Management help reduce the final cost of relocation. Employers can more accurately budget for relocations. They can also eliminate the cost of non-acceptance by the transferee.

What Does This Mean?

Employers can help overcome reluctance to moving by utilizing pre-decision services. Transferees who have access to pre-decision services are more likely to accept offers for relocation. Relocating employees report higher levels of engagement when they have access to pre-decision services.

What Should Employers do to Help Overcome Reluctance to Moving?

Employers should work with a qualified Relocation Management Company (RMC) that can provide a full range of pre-decision services. Employers considering relocating new hires or transferees should provide them and their family members with as many valuable resources as possible. This will help increase relocation success.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how they can gain the benefits of using pre-decision services to overcome reluctance to moving. Our team can help your company understand how to provide your relocating employees and their family members with pre-decision services. As a result, relocation success rates will increase, and transferees’ satisfaction will improve.

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 pre-decision services to overcome reluctance to moving, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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