Category: Domestic Relocation

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50 U.S. Cities with the Most New Jobs

Portland Oregon in spring. A snow covered Mt hood in the background

Big opportunities in relatively small towns. 

With unemployment near a ten-year low and new jobs surpassing monthly expectations, one might be wondering, “Where are all of these opportunities, what are the 50 US cities with the most jobs?”

In an article for msn.com this July, writer Michael B. Sauter composed a comprehensive list of the top 50 cities for job growth in the United States. The data was tracked from 2012 through 2017 and details the percentage of employment increase, the number of new jobs, the industry (excluding agriculture) contributing most to the growth in opportunities, as well as other key factors.

The top ten cities experienced job growth from 18% to over 30%. Here is a sampling of the top ten cities from Mr. Sauter’s article:

TOP-GROWTH-CITIES-2012-2017

Not surprising, early 50% of the cities on the comprehensive list were from states that have the highest inbound relocation activity1. Fort Myers, FL earned the number one spot on a list of the top U.S. cities for relocation, as posted by US News & World Report.

 

Modern Mobility Made Easy™

What this means for you and your relocating employees

 

Global Mobility Solutions (GMS) has destination spotlights for many of the cities mentioned in the overall list. These spotlights contain information about a city’s climate, geography, transportation, entertainment, culture, sports, schools, and more. GMS spotlights are great tools for helping mobility managers explain the benefits of a relocation assignment and for transferees to become accustomed to an area before actually moving there.

Destination-Spotlights-Button

  1. Miami Herald, January 5, 2017
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Corporate Relocation Domestic Relocation Domestic Relocation Trends

Top U.S. Cities for Relocation

\A Trend Toward High Temperatures and Low Cost of Living

There was a time when the bright lights of huge coastal metropolises like New York and Los Angeles attracted hordes of people seeking employment. However, today’s relocating employees are drawn to lower-cost markets – especially in the southeastern states.

According to US News & World Report, the majority of 2016 relocations went to Florida, Texas, and North Carolina. Half of the top-ten list of cities from US News & World Report is comprised of cities from the “Sunshine State.” Not surprisingly, when comparing the cost of living in New York City to that of Ft. Myers, Florida, it is easy to see the savings that can be realized by both residents and businesses. Compared to Ft. Myers, New York has consumer prices that are 40.75% higher, average rent that is 225.70% higher, and grocery prices that are 30.95% higher(1). The median home purchase price in New York is $825,000 ($1,728,950 in Manhattan), while it is only $247,000 in Ft. Myers(2). Lastly, utility costs and transportation expenses in the Big Apple are 37% higher and 24% higher respectively than the costs in Ft. Myers(3).

Here are the complete lists of the top US relocation destinations in 2016:

US News & World Report Top Cities

  1. Fort Myers, FL
  2. Sarasota, FL
  3. Austin, TX
  4. Orlando, FL
  5. Charleston, SC
  6. Daytona Beach, FL
  7. Houston, TX
  8. San Antonio, TX
  9. Lakeland, FL
  10. Raleigh/Durham, NC

Forbes Top Cities

  1. Tampa, FL
  2. Jacksonville, FL
  3. Charlotte, NC
  4. San Antonio, TX
  5. Austin, TX
  6. Las Vegas, NV
  7. Orlando, FL
  8. Nashville, TN
  9. Raleigh, NC
  10. Portland, OR

At Global Mobility Solutions (GMS), we see this trend in action. In 2016, roughly one third of all our relocations were to the Top US Cities in southeastern and southwestern states.

If you are thinking about relocating to another destination, request your complimentary city-to-city cost comparison. This free report will detail the cost of living expenses of any two locations of your choosing. Learn before you leap.

Request your Complimentary City 2 City Comparison now!

Sources:
1. http://www.numbeo.com, accessed 06/30/2017
2. http://www.zillow.com, accessed 06/30/2017
3. http://www.areavibes.com, accessed 06/30/2017

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Global Mobility Solutions Named a Top Relocation Company

Phoenix Arizona city skyline at dusk, showing a beautiful city destination for companies considering a 2020 Phoenix Relocation

Global Mobility Solutions (GMS) is proud to be recognized by HRO Today as a top relocation company for the fourth year in a row. Every year, HRO Today compiles customer surveys and other data to produce their Baker’s Dozen list of the best relocation companies.

HRO Today’s Baker’s Dozen rankings are based solely on feedback from buyers of the rated services; the ratings are not based on the opinion of the HRO Today staff. Feedback is collected annually through an online survey, which is distributed both directly to buyers through HRO Today’s own mailing lists and indirectly by sending service providers the link to send to their clients. Overall ranking is determined by analyzing the results across three subcategories: features breadth, deal sizes, and quality. Using a predetermined algorithm that weighs questions and categories based on importance, HRO Today calculates scores in all three subcategories as well as an overall score. The rankings are based on those scores.

The fact that our customers continually place GMS into the Baker’s Dozen list of top relocation companies speaks volumes with regard to our outstanding service, our breadth of programs, and the value that we bring to our clients.

To see how GMS can make your life with regard to workforce mobility easier, simply ask for a complimentary relocation policy review and our expert consultants will discuss how to improve acceptance rates, make assignments more successful, and make the whole process more cost-efficient.

Get your complimentary Relocation Policy Review today!

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Corporate Relocation Domestic Relocation Global Mobility Global Relocation Relocation Management

Global Mobility Solutions Celebrates 30 Years of Relocation Success

A scene from Downtown Scottsdale at dusk with a canal and reflections in the foreground. Scottsdale is part of the Phoenix Metropolitan area.

Founded in 1987, Global Mobility Solutions (GMS) has been providing companies around the world with an array of innovative domestic and global relocation services. In the past thirty years, GMS has helped nearly 240,000 transferees for many companies in a variety of industries.

GMS has always been a leader in the relocation industry. From being the first to pioneer and perfect pre-decision programs to developing cutting edge online relocation tools, GMS is continually recognized for its breadth of solutions and world-class customer service by both clients and independent entities. GMS has been named to HRO Today’s “Baker’s Dozen” as one of relocation companies in satisfaction, quality and breadth of services for four years in a row. GMS has also recently been recognized as a 2017 LEAD Award winner for being both a top 10 company in the “Best Sales Leadership Program” category and a top 20 company in the “Best Global Leadership Program” category.

While GMS has been growing steadily since 1987, the company still places a high priority on giving back to the community. Working with its main charity, Move for Hunger, GMS helps donate food and money to local charities. GMS and its service partners donated have donated over 7,000,000 pounds of food, delivered to food banks across North America.

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Domestic Relocation Global Mobility Global Relocation Relocation Best Practices Relocation Management

Global Mobility Solutions Recognized as a Leader

Singapore business district skyline panorama over Marina Bay

Leader Recognition – For the past 34 years, the LEAD Awards have identified and recognized organizations with the top leadership programs, strategies, and solutions with regard to global leadership development. These prestigious leadership awards salute the world’s top leadership practitioners and programs and highlight their roles in developing their most important asset – their people.

Global Mobility Solutions (GMS) was recognized as a leader for its excellence in leadership training and education. GMS placed in the top 10 of 100 companies for Best Sales Leadership Program and Top 18 of 200 for the Best Global Leadership Program.

 

Global Mobility Solutions a winner of Best Sales Leadership Program

Global Mobility Solutions a winner of Best Global Leadership Program

 

The competition was strong as GMS went up against such household names as 3M, Boston Scientific, Cisco, Dell, Microsoft, and many others. In fact, the other winners have a combined average annual revenue 453% larger than GMS and an average of 383% more employees. It is an honor and accomplishment to be recognized amongst such giants of industry.

 

Learn how GMS can help your transferees become leaders in their new destinations

Is your relocation program the best it can be? Receive your free relocation policy review.

 

About LEAD2017 LEAD2017 is a 2-day leadership forum, February 7th and 8th, 2017 in Nashville, Tennessee, at the Music City Center. Designed to inspire leadership in people from all walks of life in person at the conference as well as live simulcast to hundreds of remote host sites internationally. The event brings together top thought leaders and the world’s best leadership practices that can be shared by attendees to develop leadership programs in their own organizations and communities http://www.lead2017.com/ February 8th will be broadcasted globally with the goal of touching 1 million lives to choose leadership.

About HR.com and the LEAD Awards HR.com, the largest global social networking and resource site for HR Professionals is committed to providing a deeper understanding of the HR function for over 290,000+ members by offering an annual global leadership annual event – LEAD, the LEAD Awards, HR Certification Exam Prep Courses, certification programs, a personal development app, monthly themed HR e-publications, 4,500+ webcasts, 1,200+ eLearning credits, 230+ virtual conferences, blogs, community networks, industry news and advisory boards. See www.hr.com for more information.

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Managing Mobility Costs

Businesspeople in a meeting

Department heads all over the globe are constantly asked to identify cost-saving opportunities within their departments. Human resources, employee mobility, talent acquisition, and procurement are no exceptions. As you scrutinize your budget, try utilizing these three steps to help better manage and ultimately reduce your relocation expenses:

Cost Estimates

Managing mobility costs starts with understanding what those expenses are. First estimate what costs should be involved with your vision of a successful mobility program. A cost estimate will provide you with a clear picture of the potential costs of individual relocation assignments. You can then use these cost estimates to correctly establish a budget prior to initiating any relocations.

One effective way to determine your cost estimates is by utilizing cost estimate technology. There are many software programs that by using the latest upgrades will help you:

  • Save time
  • Reduce human error
  • Ensure compliance

Policy Reviews

By reviewing your relocation policies, either internally or with an outside relocation management company (RMC), you will be able to identify cost-saving opportunities and eliminate expensive exceptions. When reviewing your mobility management policies, you should:

  • Do so in conjunction with cost
  • Benchmark against other companies within your industry
  • Leverage technology for key services (i.e. Virtual destination tours, online school reports, etc.)

Example:

Using online language tools can reduce relocation costs by roughly $5,000 - $20,000.

Tracking and Reporting

Lastly, you want to ensure that you are continuously tracking all expenses and reporting any overages or savings. Get a detailed account of how your cost estimates match up with your actual spending. Then the whole process repeats itself. Once you have your data:

  • Take action – Make any necessary adjustments to your budget, policy, or both
  • Review – Go over the detailed reports to identify more cost-saving opportunities
  • Incorporate technology – Save time and money by offering key services online

Global Mobility Solutions (GMS) is an award-winning RMC and, since 1987, has been helping companies save time and money with regard to their corporate relocations. As a courtesy service, GMS will review your current relocation policies and provide expert feedback to ensure that your policies are competitive within your industry and to identify any cost-saving opportunities, so you can focus on managing mobility costs.

Click here for your free relocation policy review

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Corporate Relocation Domestic Relocation Domestic Relocation Tips

Best Places for Business in the U.S.

A close  look at “The Best Places for Business in the U.S.”

Why should you be interested in the best places for business in the United States? On January 3, 2017, Mark Fields, CEO of Ford Motor Company, talked about how Ford was scrapping plans to build a $1.6 billion manufacturing plant in Mexico and instead was going to be investing $700 million into a facility in Detroit. The move would not only save existing jobs in Michigan, but add 700 new ones. Fields stated, “This is a vote of confidence for President-Elect Trump and some of the policies he may be pursuing.” This could also be interpreted as, “We better keep our operations in the U.S. or we will be heavily fined by the new administration.”

Deciding which state may make the most sense, many companies logically look for less expensive, more business-friendly locations to relocate all or parts of their operations. However, if crossing the border is no longer an option due to penalties and political backlash, to which states should companies look when setting up satellite facilities? What are the best places for business in the United States?

In the article “America’s Top States for Business in 2016,” Scott Cohn, Special Correspondent for CNBC, identified ten metrics and weighted them to determine state rankings. These are:

·         Workforce (400 points)

·         Cost of Doing Business (350 points)

·         Infrastructure (350 points)

·         Economy (340 points)

·         Quality of Life (325 points)

·         Technology & Innovation (250 points)

·         Education (200 points)

·         Business Friendliness (160 points)

·         Cost of Living (75 points)

·         Access to Capital (50 points)

By using these metrics, Mr. Cohn was able to compile an ordered list of the top states in which to do business. The top 10 overall rankings for 2016 are:

1.       Utah

2.       Texas

3.       Colorado

4.       Minnesota

5.       North Carolina

6.       Washington

7.       Michigan

8.       Georgia

9.       Iowa

10.   Florida

To view the full list of all 50 states, as well as the scores for each individual metric, visit the CNBC article page.

Should your company be planning a move to a more business-friendly state, be sure to utilize an experienced relocation management company to make the most informed decision and to facilitate your mobile workforce. Global Mobility Solutions (GMS) has been a leader in relocation management since 1987, continuously delivering innovative programs and relocation technology along with award-winning customer service.

Before you move – or even develop your relocation policies – contact GMS for your complimentary benchmark study.

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Corporate Relocation Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Global Mobility Global Relocation Global Relocation Tips Global Relocation Trends Relocation Best Practices

Pre-Decision and Best Practices for Global Mobility

Singapore business district skyline panorama over Marina Bay

Pre-decision Best Practices: Why do many companies have a 50% rate for assignment rejection? It is primarily because the potential transferees do not have a clear understanding of the destination location and the support available for their families.

The top 3 reasons cited for rejecting relocation assignments are housing/mortgage concerns, trailing spouse/partner employment concerns, and overall family concerns. Pre-Decision Best Practices

Assignment rejection and failure can be very costly to a company. Firms spend an average of half a year’s salary in recruiting and training when onboarding a new employee. For high-level executives, the expense can be six to nine months of their salaries. However, according to the ERC, it can be as high as three-times an annual salary for international executives. If assignments are rejected, or fail after a move – which adds much more to the financial loss – companies must go through the expense of onboarding and training new staff.

 

How can companies ensure that they get the right people in the right place at the right time and for the right price?

The answer is to use pre-decision programs. Global Mobility Solutions (GMS) is the pre-decision pioneer and we continue to develop new, innovative features for pre-decision programs.

Although the number is growing, currently only 22 percent of companies around the world are utilizing pre-decision programs. However, when working with an RMC, nearly 60 percent choose to incorporate pre-decision into their mobility management solutions.

Employees decline relocation assignments due to housing, family, and spousal/partner employment concerns. Many firms had a 50% rate for assignment rejection. 32% housing/mortgage, 55% spouse/partner employment, 69% family issues. By using pre-decision, companies increase assignment acceptance, reduce failed relocations, save money, and project a progressive and employee-friendly image.

Going back to the reasons cited for assignment rejection, let’s see how the in-depth questioning and available services of pre-decision can address each of those concerns.

 

Housing

Candidates are interviewed to learn about community and lifestyle preferences. Candidates are presented with destination spotlights that highlight the cost of living and attractions of the assignment location. Area tours are arranged. Candidates are pre-approved by participating mortgage lenders. Candidates are provided with home selling and home buying assistance.

Spouse/Partner Employment

The pre-decision interview includes an employee’s spouse or partner. Pre-decision best practices programs offer a career assessment to develop an action plan that will help the spouse or partner adjust to the new location. This can include resume services, aggressive job searching, and more.

Family

Through the pre-decision interview process, the specific needs of the family are determined. To help candidates better understand the new location before moving, they are presented with school reports and detailed community information. Community tours are arranged so that transferees and their families can see schools, hospitals, and centers of culture and entertainment prior to moving.

 

The talent acquisition program manager of a large healthcare company said, “By using pre-decision to initiate relocations prior to the face-to-face interview, we know that transferees have arrived more quickly, have settled better, and stayed longer.”

Benefits of utilizing pre-decision programs include reduced time to acceptance, reduced overall costs to the company, an increased acceptance rate, and an increase in successful assignments.

Because of how it engages relocation candidates and their families, increases assignment acceptance and success, and saves companies time and money, pre-decision best practices should be utilized when it comes to mobility management.

Learn more about how pre-decision programs can benefit both you and your transferees.

 

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Corporate Relocation Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Global Mobility Global Relocation Global Relocation Tips Global Relocation Trends Relocation Best Practices

Why Benchmark?

Thai family using technology in their everyday live.

Relocations can generate a lot of excitement as companies eye the potential for increased revenue, organizational growth, and the development of their employees. It is important for those managing workforce mobility to know if their company’s relocation policies make sense in today’s evolving, global business environment. It is critical for all the stakeholders in employee relocation – talent acquisition, human resources, procurement, finance, legal, etc. – to fully understand the best practices to ensure that their policies are competitive, compliant, and effective.

Here are the top 5 reasons you should be reviewing your relocation program and policies:

  • To ensure competitiveness within your industry in order to attract and retain the best talent
  • To identify enhancement and cost-saving opportunities (i.e. process, service cost, exception reduction, etc.)
  • To maintain alignment with your overall mobility objectives across key disciplines
  • To educate internal stakeholders on current best practices and trends
  • To learn about innovative ideas for managing a changing workforce mobility environment

Policy Benchmarking Options

A best practice across all industries is to conduct program and policy reviews every 12 to 18 months, depending on an individual company’s relocation volume, size, and scale of programming. You can receive expert guidance and award-winning service by submitting a request for contact.

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5 Steps to a Successful Year-End Process

Business coworkers working together at office

While most people are happily preparing for the holidays, you’re scrambling through the year-end reconciliation of all of your relocation expenses. Well, even though it’s only November, here is a gift that will help you not only navigate this year, but help you to have a successful year-end process for years to come.

Though many relocation managers might prefer battling crazed Black Friday crowds to year-end reporting, the process tends to go more smoothly when run by the relocation department. To maximize efficiency, be sure to utilize these five steps:

  1. Create a year-end checklist. A detailed checklist will help identify all of the information you need to accurately report year-end compensation. Your checklist should include due dates, responsible individuals and departments. Establishing the responsibility for reporting all of the relevant compensation data is an important component, and can include wages, imputed income, benefits, equity, taxes, and more. This year-end checklist will help you identify all the resources you will need to create a complete and accurate report. Your itemized checklist needs to include items such as early cutoff dates and all employees who will receive the tax filing services (employees on the tax eligibility list), as well as provide for the time needed for verification, approval and processing. A well-developed checklist will also set firm deadlines for the reporting and tax filings.
  1. Set up a year-end preparation call. When setting due dates, be cognizant of the vacation times made mandatory by some countries around the end of December. During the call, review your year-end checklist with all involved parties to ensure that they are aware of their role and due dates. Use this call as an opportunity to build understanding and develop relationships that will make year-end reporting easier in the future. If you have not already held a year-end preparation call, schedule one as soon as you finish reading the rest of this article!
  1. Verify all of your data! Accuracy is vital, especially when it comes to compensation reporting. Data such as addresses and tax ID numbers/Social Security numbers should be confirmed, as well as wages, benefits, sick and vacation time. Double-checking data prevents backtracking and costly errors down the line.
  1. Finalize your data. Make sure that the final payroll reports of the year have been included, plus any end-of-the-year benefits. Be sure to back up the program data again and be sure to save it in a secure location should it need to be referenced in the future.
  1. Get ready to submit your report. Double-check the deadlines for all the countries on your list and be prepared to provide specific data for each. Tax providers may ask for data for different assignee/transferee populations. Be sure to adhere to your year-end deadlines and, whenever possible, send the data ahead of time. Some international locations may have very tight turnaround times to make that final tax payment of the year.

As with anything, practice makes perfect. The more you follow these five steps, the easier year-end reporting will become for you and you can be confident of a successful year-end process.

Learn more about how to save time and money while managing your corporate relocations.

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