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How to Keep Employee Turnover Low After a Corporate Relocation

Moving offices? Make Sure Your Employees Want to Come with You

Relocating your business or headquarters office doesn’t have to mean losing your valuable team members. In the following insightful guide, we will walk you through practical strategies that you can adopt to help retain your employees during and after a relocation. 

In turn, you can ensure business continuity throughout the unsettling relocation period and make sure that you keep employee turnover low. Here are the initial steps to keep in mind when preparing for an office move:

Communicate Well

You should keep your employees in the loop about your relocation plans as much as possible. Transparency is vital in maintaining trust and reducing panic, which might lead to staff leaving. Being upfront about your motivations for moving can put people’s fears to rest.

Involve Your Employees

Involve employees in the relocation process where possible. Give them roles to play or involve them in decision-making. This can make them feel valued and reduce resistance. In turn, you can minimize staff turnover.

Offer Support

Offer support to your employees for relocating their personal lives as well as their professional ones. For instance, you could assist with finding accommodation or schools and give information about local facilities. If you make life easier for your employees, they will likely stay with the company.

Consider Providing Financial Support

Covering relocation expenses is another way to retain your staff. Offering a reasonable reimbursement for costs incurred during personal relocation helps alleviate financial stress on the employees’ side.

Tips for Retraining Your Employees

During relocation, some roles may change slightly due to new circumstances. Provide training in any new areas that are going to be needed by employees in their positions after moving. Retraining your employees ensures they have the necessary skills and knowledge to adapt to their new roles. This helps them feel more confident and capable in their work and shows that you value their growth and development within the company. Additionally, offering training opportunities can significantly boost employee morale and motivation, demonstrating your commitment to their professional success.

In addition to retraining, you must provide ongoing support and guidance to your employees during the relocation process. This can include regular check-ins to address any concerns or challenges they may be facing and provide resources and information to help them navigate their new surroundings. By offering this support, you help ease the transition for your employees and foster a sense of loyalty and commitment to the company.

Furthermore, consider implementing a mentorship program for employees who are relocating. Pairing them with a seasoned employee who has already gone through a similar relocation can provide invaluable guidance and support. This mentor can advise everything from finding the best neighborhoods to networking opportunities in the new location. This helps the relocating employee feel more connected and supported and strengthens the overall sense of community within the company.

Lastly, take into account the power of recognition and appreciation. Relocating can be a challenging and stressful experience, so acknowledging and celebrating your employees’ efforts and resilience can go a long way in boosting morale and fostering a positive work environment. Whether it’s a simple thank you note or a small token of appreciation, showing your employees that their hard work and dedication are valued will encourage them to stay with the company and inspire them to continue giving their best.

In conclusion, supporting your employees during the relocation process is crucial for retaining top talent. By offering assistance with personal matters, providing financial support, retraining employees, and offering ongoing support and recognition, you create an environment where employees feel valued, supported, and motivated to stay with the company. This benefits the individual employees and contributes to the organization’s overall success and growth.

Create a Transition Team

Create a transition team to support employees during the moving phase. This team could offer physical help with packing and moving, provide emotional support, or assist in settling employees into the new workplace location.

Take Safety Precautions

If some employees have reservations about safety in a new location, establish solid security measures at the new site to instill confidence among your workers.

Offer Transitional Perks

Offer temporary perks to encourage retention during the transitional period. These incentives can range from extra vacation days to flexible hours until everyone settles down at the new offices.

Provide Promotion Opportunities

Relocation might open room for career advancements and promotions within your firm. Highlight these opportunities to your staff to maintain their loyalty and commitment to the company amidst all the changes happening.

Hand Out Awards at Work Anniversaries

Recognizing the service of your employees is another practical way to maintain their loyalty, especially after a relocation.

One way to do this is by holding ceremonies where the company hands out corporate awards at work anniversaries. This will serve as an appreciation of your workers’ continued dedication and loyalty despite the recent changes.

The thrill of receiving a corporate award not only boosts morale but also gives employees something tangible to aspire to.

Whether you’re awarding five years of service or applauding excellent performance, these recognitions can make team members feel more valued and less likely to consider leaving your company, even after a significant move.

Create a Comfortable Work Environment

Whether you are moving to a smaller office or a gigantic building, it is paramount that your new work environment should be comfortable and stimulating for your staff. A cozy space increases job satisfaction, contributing to employee loyalty.

Invest in quality seating arrangements, ensure suitable room temperatures, and maintain clean facilities. Also, consider incorporating spaces for relaxation and unwinding so employees can recharge during breaks.

A well-designed workspace can make everyone feel welcome and valued.

Provide Employee Counseling Services

Lastly, relocation could bring some team members emotional and psychological challenges.

Providing access to counseling services may be an essential step toward ensuring the well-being of your employees during this disruptive phase.

Employees experiencing stress or difficulty adapting might find talking to a professional helpful as they cope with changes professionally and personally.

Offering these services demonstrates that you prioritize employee well-being, which can encourage them to stay with the company during and after relocation.

Remember, happy employees produce better results compared to those under immense stress. When happy employees work for your company, you can ensure high retention rates.

Corporate Moves by GMS

Securing employee loyalty during a business relocation demands thoughtful strategies. Implementing the above-suggested approaches can lower staff turnover and ensure minimal disruption to your operations.

Remember: the key is proactively supporting your employees, acknowledging their efforts, and involving them in the process. Your team is an invaluable asset. So, ensure your employees know it during the transition stage and beyond.

And for more information on getting your office moved from point A to point B seamlessly, consider reaching out to Global Mobility Solutions (GMS) today. Our expert team of corporate relocation specialists is here to assist you in having a successful office move for your business.

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Managing Employee Stress During Corporate Relocation

How to help employees through the talent mobility process

Relocation – a word that conjures up images of excitement and new beginnings. Yet, amidst the sparkle of fresh opportunities lies a lesser-known truth: the significant stress it places on employees. With its whirlwind of change and upheaval, corporate relocation can take a toll on your workforce’s emotional and psychological well-being. As a manager, recognizing and addressing the impact of this process is crucial for maintaining productivity and preserving employee satisfaction. This blog post will delve into managing employee stress during a corporate relocation, equipping you with essential insights and strategies to guide your team through this challenging transition.

Understanding the Impact of Corporate Relocation on Employees

In the intricate mosaic of relocation, it’s vital to unravel the threads that weave through the minds and hearts of your employees. Relocation isn’t simply a physical shift from one place to another; it’s an emotional odyssey. The impact runs more profound than the boxes they pack or the miles they travel. It seeps into their sense of stability, uprooting familiar routines and unsettling personal lives. By peering into the kaleidoscope of emotions experienced during a corporate move, we can begin to empathize with our employees‘ fears, anxieties, and aspirations, forging a path toward better support and understanding.

Creating a Supportive Relocation Policy

Just as a compass guides weary travelers through uncharted territories, a well-crafted relocation policy is a guiding light for employees navigating the murky waters of corporate relocation. It’s not merely a set of rules and regulations; it’s a lifeline that offers support, assurance, and a sense of security. A comprehensive policy should be a cloth of empathy and practicality, addressing the unique needs and challenges of uprooting lives. By weaving financial assistance, relocation packages, and essential resources for housing and settling in the new location, we can create a safety net that eases the burden on our employees’ shoulders and paves the way for a smoother transition.

Effective Communication and Transparency

In the labyrinth of corporate relocation, communication becomes the compass that guides employees through the maze. Openness, honesty, and transparency are the keynotes of a successful transition. By fostering a culture of open dialogue, we provide a safe space for employees to voice their concerns, air their anxieties, and seek reassurance. Regular updates and clear communication channels ensure no one feels left in the dark, adrift amidst uncertainty. By embracing two-way communication, we create a bridge that connects managers and employees, allowing for the exchange of feedback, questions, and valuable insights. Together, we navigate the uncharted waters, united and well-informed.

Supporting Employee Well-being

Amidst the whirlwind of relocation, we must maintain our employees’ well-being. Balancing work and personal life becomes even more critical during this transitional period. Encouraging stress management techniques, such as exercise and mindfulness, helps employees find moments of tranquility amidst the chaos. Access to counseling or employee assistance programs can provide a safety net for those grappling with heightened emotions. By prioritizing their well-being, we fortify our team, ensuring they remain resilient and productive throughout the relocation. After all, a healthy and supported workforce is the foundation upon which success is built.

Providing Practical Assistance

An office move with minimal disruption? There are ways to stay on track. Are you facing logistical challenges? By offering practical assistance, we alleviate their burdens. Assisting with tackling the hands-on realm of turmoil lightens the physical load and sends a message of care and support. Guiding employees in finding suitable schools, healthcare providers, and local amenities ease their integration into the new community. Additionally, providing access to resources for spousal employment and support ensures that their loved ones feel secure and supported. Together, we lay the groundwork for a seamless transition, one practical step at a time.

Empathy and Understanding

Empathy and understanding become beacons of light in the tempest of corporate relocation, guiding us through the storm. Each employee’s journey is unique, and we must acknowledge and appreciate their circumstances. By showing genuine empathy, we create an environment where they feel heard and supported. Understanding their challenges and emotions helps us tailor our approach, adapting to their needs and alleviating stress whenever possible. Flexibility becomes a cornerstone, allowing us to accommodate personal circumstances and provide support. With empathy as our compass, we navigate the choppy waters of relocation, fostering a culture of compassion and unity.

Building a Sense of Community in the New Location

Building a sense of community in the new location becomes paramount as employees embark on their relocation journey. Facilitating opportunities for connection and camaraderie fosters a support system amidst unfamiliar surroundings. Organizing social events and team-building activities helps forge bonds and create a sense of belonging. Encouraging employees to explore and appreciate their new surroundings cultivates a positive mindset and a deeper connection with the new environment. Together, we weave a fabric of unity, transforming a foreign land into a place they can proudly call home. Through community, we find strength and resilience in the face of change.

Final Thoughts from GMs

Regular check-ins after corporate relocation allow us to gauge their well-being and assess the toll the transition may take on them. Identifying signs of burnout or excessive stress becomes crucial in providing timely support. Equipped with this knowledge, we can offer resources and assistance tailored to their needs, be it stress management techniques or access to mental health support. By actively addressing their stress levels, we ensure their mental and emotional well-being remains intact, fostering a resilient and thriving workforce.

For more information about how to handle every aspect of the corporate relocation process, contact Global Mobility Solutions (GMS) today. GMS is a full-service talent mobility provider. Our in-depth relocation programs help companies get their employees from point A to point B by reducing stress as much as possible.

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Family Matters and Career Support for Spouses Impacted by Relocations

Learn why it’s important to include family and spousal support in relocation assignments

Relocating employees often have questions regarding their children’s education, family healthcare, eldercare, and the job market and career support for their accompanying partner or spouse. Understanding your employee’s needs is essential to their relocation process. By providing valuable resources for transferees and their families, your company can help ensure a successful relocation.

In Worldwide ERC’s report, U.S. Transfer Activity, Policy & Cost Survey, the average cost to relocate a home-owning employee is approximately $79,000. Family concerns about the relocation often make employees reluctant to accept transfer assignments. Reasons include fears about the new location, spouse reluctance to leave their current position, housing market issues, and cost of living differences. There are many actions employers can take to ensure their employees and family members have a positive relocation experience.

Pre-Decision Services

Your company should provide Pre-Decision Services for employees to help them learn about the relocation assignment. Candidate assessments and family pre-decision evaluations help your company determine the employee’s expectations, skills, personal qualities, family situation, and financial readiness for the relocation. Helpful information your company can provide to the employee and their family for their decision-making process includes:

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

Significant benefits to the organization include increased job acceptances, accurate budgets, minimal policy exceptions, and cost savings. Benefits for employees include expert counsel to help understand all their relocation assistance, a dedicated consultant and support services for spouses and partners.

Career Support

Your company should provide career support services to the partners and spouses of relocating employees. An experienced and well-qualified Relocation Management Company (RMC) can provide industry best practices and a relocation benchmarking study for guidance on how to set up your relocation program. Career support should include the following:

  • Comprehensive career assistance that reviews a candidate’s experience, identifies personality type, discusses the importance of corporate culture, develops an application schedule and goals, offers resume review, provides networking and interview preparation, and assists candidates in navigating job listings and online resources.
  • Access to the company’s network of recruiters it uses for its staffing requirements; some Relocation Management Companies (RMCs) can provide access to a larger recruiter than the company’s current in-house program.
  • Partners or spouses may have a small business with unique needs and require specific guidance when relocating their business. Resources for partners or spouses looking to start a new business or relocate an existing company may include market analysis, networking assistance, and introductions to the startup community in the new location.

Family Support

Relocating employees and their family members often deal with several stressful factors and situations as they relocate. Your company can help smooth the process by providing resources to help everyone acclimate to their new location. Relocation programs should include resources for settling into the area, such as:

  • Access to online resources and community networks in the new location
  • Attaining a local driver’s license
  • Child care arrangements
  • Connecting utilities and arranging for installations
  • Interim health insurance coverage
  • Locating a primary care physician in the new location

Let GMS Assist Your Employees and Their Families

Providing a full range of career support and other resources for transferees and their families serves to ensure successful relocations. The corporate relocation experts at Global Mobility Solutions (GMS) have the knowledge and expertise to help your company assess candidates for assignments and provide your employees and their family members with the best relocation experience.

Contact our team of experts to discuss how we can help strengthen your relocation assistance offerings. We will ensure your company stays competitive in job offers with comprehensive relocation packages. Then, we will assist your employees in the most seamless relocation process possible.

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Engage Your Relocation Management Company Early in the Relocation Process

Learn why it’s essential to work with an RMC every step of the way

Employers should engage their Relocation Management Company (RMC) early in the relocation process. Employers often go to great lengths to define the questions they ask RMCs in their Request for Proposals. Several employees from departments including Human Resources, Accounting, Legal, and Procurement may spend a significant amount of time finding and selecting an RMC with the knowledge and experience that will ultimately serve the needs of the company, transferees, and new hires.

With all of the effort to find an RMC that best matches their requirements, wouldn’t you think employers would actively engage the RMC in their relocation process? Most companies do a good job communicating to their hiring managers and others throughout the organization how to utilize their RMC’s resources. However, even with this communication, the hiring manager or others sometimes do not engage the RMC early in the process. This may lead to several consequences for transferees and new hires.

Actual Case of an Employer That Did Not Engage Early

What happens when employers must engage their RMC early in the relocation process? Global Mobility Solutions’ Senior Vice President of Business Development, Sam Hoey, met a transferee and heard a first-hand account of their experience. Their employer’s hiring manager did not initiate their relocation process promptly, and they were left scrambling to find their own movers, real estate agents, mortgage provider, and temporary housing, all within just a few weeks before the new job start date. As a result, the transferee was stressed and unduly burdened by processes that the company’s RMC could have managed for them with greater ease. Let’s look at a few of these areas in detail to understand better what they entail.

Van Line Delays

The busiest time of the year for relocations is during the summer months. Children are out of school, travel is relatively easy to arrange, and weather delays are minimal. As a result, van lines that move household goods are often hectic during this time. They may have bookings for moves going out four, five, or up to six weeks in advance.

Employers looking to relocate an employee should understand the length of time their RMC needs to arrange to book a move of household goods at van lines, keeping in mind the preferred van lines may already have several weeks of booked moves on their schedules. With enough time, transferees may be able to find their household goods movers.

Real Estate Processes

When a transferee or a new hire receives notice of a job offer that requires them to start work within a few weeks, this gives them little time to make living arrangements. They may have a short time to determine how to proceed in several areas. Here is a list of just a few of the specific points they might need to address before starting their new position:

Specific Points

  • Engaging a real estate agent/company to handle a home sale
  • Selling a home
  • Handling the closing process for the home sale
  • Finding temporary housing
  • Engaging a real estate agent/company to handle a home purchase
  • Finding a new home
  • Obtaining a mortgage, including applications and paperwork
  • Handling the closing process for the home purchase

If you have ever bought or sold a home, had to find an apartment, or sought a mortgage, think of those processes. How long did they take you to complete? These processes often require several steps, including applications, reports, inspections, financial transactions, arranging the services of a notary public, and research to verify the new location meets the needs of everyone who is relocating, such as spouses, partners, children, and pets.

Employers looking to relocate an employee should be aware of the processes their RMC needs to manage to help the employee find suitable housing arrangements. RMCs with experience in these processes are vital to ensuring the success of a relocation, as they help the transferee or new hire in many areas. This, in turn, helps the employee feel happy and confident in their choice to relocate.

What should employers do?

Employers should review their relocation programs to better integrate their RMC into the front end of the relocation process. Helpful tips to ensure the RMC is engaged early in the process include the following:

  1. Implement Pre-Decision Services, so the employer, hiring manager, transferee, and/or new hire are actively engaged with the RMC early in the relocation process, and information can be shared that is helpful to the employee, the employer, and the RMC.
  2. Insert language into offer letters describing the RMC and the programs specific to the transferee or new hire.
  3. Integrate the RMC into Human Resource Information Systems and Talent Management Programs so hiring managers and program administrators always have ready access to information they can share with the transferee or new hire.

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 by using industry best practices to design your relocation program so that you engage your RMC early in the relocation process.

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

Contact our experts online to discuss your company’s relocation program needs.

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6 Ways to Help Employees Adjust After a Relocation Assignment

These Small Perks Can Help Your Employees Settle Into Their New City After a Major Relocation

Relocating for a job is an exciting step that millions take each year worldwide, but it also comes with its fair share of trials and tribulations.

It’s essential for employers to consider this and accommodate the needs of team members who have uprooted their entire lives to move to a new city on behalf of the organization they work for.

Here are some small but meaningful perks you should consider offering if you want this transition to be as smooth as possible.

Welcome Packages: A Little Bit of Home Goes a Long Way

Moving to a new city can be daunting and overwhelming. To help employees settle in, providing welcome packages is an excellent start. These should include items that will make their transition more manageable, such as local maps and transportation passes for getting around town quickly.

You could also provide them with information about the neighborhood they’ll be living in or any helpful tips you think they may need to know before starting work, which will be doubly important if they’re moving with children.

Additionally, add home comforts, like snacks from their hometown or small souvenirs that remind them of where they came from, for extra motivation throughout this challenging process.

Coffee House Culture: Helping Newbies Connect

One of the best ways to help your employees settle into their new city is by introducing them to the coffee house culture. Invite your team members for a cup of coffee and allow them to meet locals who can share tips about what’s happening in town or provide insight into any exciting activities they should check out.

You could also invite local business owners, entrepreneurs, and other professionals who can offer advice or even business opportunities. This will make it easier for them to acclimate to their new surroundings and build meaningful connections that can last beyond relocation.

Networking Events to Establish Professional Relationships

An essential part of relocation is making professional connections in the new city, not just in a casual coffee house setting.

Hosting networking events or workshops can help employees build a network and develop relationships with local movers and shakers to whom they may not have had access before. This could be an excellent opportunity for them to learn more about their industry in this area and share any ideas or resources that would benefit everyone involved.

It’s also an excellent way to get feedback on how your organization has handled the relocation process, giving you valuable insights into what works best.

This can even be implemented as part of remote staff appreciation strategies. With modern tech, it’s easy to host virtual networking events so that team members from all locations can benefit from the relationship-building and camaraderie they provide.

Local Discounts for Every Day Necessities & Treats

Small things like discounts on everyday necessities can make all the difference when moving to a new city. Consider offering your employees discounted rates at local stores and restaurants, or even provide them with coupons for specific products they may need when settling in.

You could also give out gift cards that allow them to explore their new surroundings, whether it’s trying out an exciting eatery or catching a movie at the cinema. These simple perks will help show how much you value their contribution while ensuring they feel comfortable and welcomed in their new home away from home.

City Tours and Adventure Days To Show Off the Best of The Town

Organizing a tour or adventure day can highlight what your city offers new employees. Take them on an informative journey around town, highlighting key attractions and places they should visit.

Also, if there are any nearby hiking trails or outdoor activities, suggest those for some time away from work. This is an excellent way for everyone to bond and get familiar with their surroundings, and it’s always lovely to show newcomers how much fun their new home has in store. Plus, it will give them more confidence when exploring independently later on.

Easy Transportation Options For Getting Around in Style

Providing access to transportation is critical when it comes to helping employees settle into their new city. Consider offering them access to discounted public transport services or providing company cars for their stay.

You could also ensure they know about bike-sharing programs, carpools, and other alternatives for getting around town quickly and safely. Whether they need a lift from work or help to find unique places that aren’t always accessible by bus, these small perks will show your commitment to making relocation as stress-free as possible.

Let GMS Help You Help Your EmployeeS

Global Mobility Solutions (GMS) has been helping companies get employees and their families from point A to point B since 1987. Our relocation specialists are equipped with the skills and knowledge it takes to assist your company in setting up comprehensive relocation packages. Not to mention, the more competitive and appealing your relocation packages are, the easier it is to hire employees who are willing to accept relocation assignments

Our team is always on standby and ready to walk you through the beginning steps of how to set up your employees for a successful moving process. Set up a free, risk-free consultation with one of our business development managers today!

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Benefits of Pre-Decision Services

What Are Pre-Decision Services? Learn more about the relocation process, starting with pre-decision services

Global Mobility Solutions (GMS) is the original pioneer of the benefits of pre-decision services. Our clients know that partnering with us at the start of the relocation process helps identify the markers of a successful relocation and greatly enhances transferee productivity. Our wide range of services allows clients to identify those employees who are the best fit for the assignment. Relocation technologies and systems let clients manage employee relocation programs with ease.

Among the many services GMS offers, candidate assessments have become critical for clients to assess expectations, skills, qualities, and financial and family issues impacting relocation success. Clients should examine candidate circumstances to identify prospects likely to succeed. For the candidate, pre-decision services provide valuable information they can use to determine, including helpful information about the cost of living, housing markets, school reports, and moving expenses.

Candidates indicate that community searches and tours benefit them in understanding the new location and helping them select areas best suited to their needs.

There are several benefits of pre-decision services for both the client and the candidate:

Benefits of Pre-Decision Services for the Client

  • Increase job acceptance ratios
  • Budget accuracy
  • Eliminate the risk of non-acceptance
  • Streamline orientation to the new location
  • Minimal policy exceptions
  • Identify candidate concerns and issues
  • Cost savings

Benefits of Pre-Decision Services for the Candidate

  • Personal support and attention from industry professionals
  • Thorough orientation tours for families
  • Expert counsel and assistance regarding all aspects and impacts of relocation
  • Support services for spouses and partners

Systems and Processes

Our relocation experts have created systems and processes to help clients manage their Global and North America relocation programs quickly and efficiently. We provide high-touch customer service, policy expertise, benchmarking, and flexible reporting options. Clients succeed most with a customized, right-fit relocation program designed to meet their unique requirements. Employees and their families expect a broad range of services to help them during their relocation process. Our pre-decision services help clients and employees throughout the relocation process and help ensure successful relocations.

Get Pre-Decision Services from GMs

The benefits of pre-decision services to clients and candidates serve to ensure successful relocations. The corporate relocation experts at GMS have the knowledge and expertise to help your company assess candidates for assignments and provide your employees with the best relocation experience. Contact our team of experts to discuss how we can implement pre-decision services in your company’s relocation process.

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Reducing Moving Costs Through Government Relocation Incentives

Check Out These U.S. Cities with Relocation Benefits Programs

Moving to a new place for a new job can be an excellent move for your career and your personal life. Starting somewhere fresh can give new beginnings and new opportunities. But what if the new company does not offer a competitive relocation package? Relocating for a position can be expensive, especially for an employee paying out of pocket; however, if the employee faces a once-in-lifetime job opportunity that cannot be turned down, making the decision even harder. 

A lot goes into the relocation process, from the home sale and purchase costs, movers to travel funds, and even food and temporary housing costs come into play. Even if the new job does not offer the employee relocation benefits, it might not be the end of the opportunity just yet. 

Many U.S. cities and states offer relocation incentive programs to take advantage of. Corporate relocation state subsidy programs are designed to help cover the cost for people moving for a job opportunity. Depending on the program, these incentives may apply to the entire state, region, or city. Here are some cities with the best relocation programs, with many of the programs focused on enticing remote workers in today’s new normal.

Cities & States with Relocation Benefits Programs

When looking for a new job, consider these relocation incentive programs offered by each city or state. Depending on what the relocation assistance covers, it could significantly reduce the cost of moving while also helping to break a tie between two employer offers.

Tulsa, OK

This remote working program is an innovative one. Tulsa offers workers up to $10,000 cash to help with relocation costs and a free workplace within an office space for any remote worker who moves to and works from the city. All employees have to do to qualify for the program is be at least 18 years old, work remotely in a full-time job, be eligible to work within the U.S., and be able to move to Tulsa within 12 months of accepting the relocation incentive.

Northwest Arkansas

To attract professional talent, the Northwest Arkansas Council offers incentives of up to a $10,000 lump sum for those looking to relocate. Recipients will also be given a free street or mountain bike to use on the new 162 miles of paved trails, the 37-acre Razorback Regional Greenway, and the region’s 322 miles of mountain biking trails. If a bike doesn’t suit the fancy of the moving worker, participants can also choose an annual membership to arts and cultural institutions.

Newton, Iowa

In 2014, Newton, Iowa, initiated The Newton Housing Initiative to boost home buying and construction. Investing in Newton’s infrastructure with a $190,000+ home yields a $10,000 cash incentive plus a “Get to Know Newton” package worth ~$2,500, with discounts at local stores and eateries.

To be eligible for this program, you must buy or build a new home worth $190,000. The reward is given at the final loan signing, and a certified appraiser must appraise the home’s value. The Newton home’s construction has to be completed before you receive the incentive, confirmed with proof of occupancy by the City of Newton. Rental properties do not qualify for this relocation program.

Savannah, GA

The Savannah Technology Workforce Incentive is willing to reimburse relocating employees up to $2,000 of relocation expenses. To qualify, applicants must be willing to work with a technology company in the region, be self-employed, or be remote workers looking to relocate to Savannah. Additionally, the employee must relocate within 12 months, have a minimum one-year lease or purchase property, and have resided in the county for 30 days before being able to apply

Tucson, AZ

Thinking of living in the desert? StartupTucson offers incentives totaling up to $7,500 in cash and moving services. Relocation funds, internet setup, and housing support are just some of this program’s benefits

The Shoals, AL

Another program geared toward remote workers, this relocation benefits package, is willing to pay moving employees $10,000 cash, which can go a long way in the low cost of the living area of The Shoals. To be eligible for the money, workers must have a minimum annual income of $52,000, be able to move within six months, be full-time employees, and be at least 18 years old. $2,500 of the incentive is given upfront for moving costs. The rest is given in two payments, the first after six months and the last after a year.

GMS Can Help Relocating Employees Utilize Relocation Incentive Programs

Are you a company that has been exploring innovative new ways to utilize a remote workforce? GMS can help you craft creative relocation policies while maximizing the relocation incentives programs offered by various state and local governments across the U.S. Contact us today to discuss how your company can obtain and retain the best talent from anywhere in the country and how to do so affordably.

Or if you’re an employee looking to take advantage of relocating on remote work policies, then feel free to contact as well. GMS is happy to announce our new Employee Choice Program, where we help remote workers get network pricing on moving services as they relocate to an unknown destination.

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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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Cost-Effective Strategies for Managing Employee Relocations

use these tips to keep relocation costs within budget

It’s no secret that relocating an employee is a costly endeavor. Creating global teams for your business can be highly beneficial. However, you might lose money on the project if you fail to play your cards right. It’s easy to feel overwhelmed with all the expenses you encounter during this process. There is so much to account for when managing employee relocations. Just a few of these things would be: 

  • Moving company expenses
  • Benefits packages
  • Acquiring accommodation
  • International transport (when applicable)
  • HR department bonuses

And the list goes on. However, it’s not all bad news. If you work strategically, you can save on relocation costs while keeping your employees happy when getting them from point A to point B.

Create tiered packages for employee relocations

The first strategy you can use to stay on budget when relocating an employee is creating tiered relocation packages. This means that the benefits package for an entry-level employee who has been with the company for three months should differ from that of an executive. This is a widespread and very effective strategy. Many employers have three or even four relocation benefit packages. You can create additional layers to those categories based on employee productivity.

Secure housing before the move

There are a lot of hidden expenses that come with moving on a whim, from renting out storage for your employee’s items to an indefinite time spent in short-term accommodation. And since using a storage unit isn’t tax deductible for businesses anymore, it’s even more expensive. Securing housing for your employee before moving is an excellent way of managing employee relocations while saving money.

Additionally, one of the most common reasons employees won’t relocate for work is that the move seems too hassle. So, securing everything in advance will not just help you save money; it’ll also help with employee satisfaction.

Introduce expense caps

Introducing expense caps is a great way to ensure your relocation program stays on budget. Expense caps are a great way to ensure no employee abuses their allowance. It’ll prevent surprise expenses from becoming the norm within your relocation program. 

When introducing expense caps, there are two essential factors to keep in mind: 

  1. Permissible exceptions – You should have some leeway in your budget if something goes wrong during your employee’s relocation. If they need to make an unplanned expense that is deemed necessary, you should be able to provide that;
  2. Expense caps should be personalized – It’s important to remember that living expenses differ in different areas. Ensure that your expense caps are calculated with the average cost of living in the area in mind.

Managing employee relocations is not ‘one-size-fits-all’

While offering every employee the same budget, guidelines, and services when managing their relocations may seem much more straightforward at first glance, you’ll quickly realize that it’s not. For example, a young single employee will require very different services than an older married employee with two kids. 

It’s essential to account for the individual needs of every employee you are relocating. Don’t worry if some mistakes come up the first few times. After a while, you’ll learn which services and guidelines are necessary for which group of employees. Ensuring that benefits packages and relocation services are tailored to the needs of your employees will help you save in two main ways: 

  1. You’ll be able to cut out any expenses that aren’t necessary for that worker; 
  2. You won’t be cutting out vital things to your employee. This will help keep morale (and productivity) up.

Other Relocation Costs to Keep in Mind

Conversely, a great option is to secure a fully furnished new home for them. That way, they only need to bring essentials and valuable personal possessions. Some other ways to cut costs on a long-distance move would be: 

  1. Choosing the suitable date – Moving during the off-season (winter and fall) can usually get you lower prices; 
  2. Shopping around – Getting estimates from a few moving companies is a great way to ensure you’re getting the most bang for your buck; 
  3. Compound expenses – If you plan on hiring professional packers in addition to movers, try finding a company that offers both. That way, you can get a deal on both services instead of paying the total price for each.

Ready for the best deal on relocation services?

Global Mobility Solutions (GMS) is your best bet to get a proper quote when it comes to relocation services. First off, all of our service providers are strictly vetted. And second off, we use a multi-bid approach when it comes to hiring vendors for each move. 

Most relocation services companies (RMC) will have a trusted partner vendor they use most of the time. Which is why their prices stay set at what they are. But GMS will get multiple bids from different vendors so that our savings on relocation costs get passed on to you. 

If you’re ready to hear more about how GMS can help save your company money on relocation costs, contact us today to schedule a free consultation.

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Money Management Tips for Relocating to a New City

Here are some financial points to keep in mind after accepting a relocation assignment

With any job offer, one of the most important factors, if not the most important, is the salary. The number one reason employees seek a new position is to increase their pay. But what if you have to accept a relocation assignment in order to make that leap in the pay range? It is common for employees to consider moving to get a higher salary, better promotion, or a more enjoyable work environment. 

Whatever the reason, relocating for a job from a new company (or promotion from your current company), there is no doubt that finances will be top of mind. The first thing that must be kept in mind is that moving can be expensive if the company does not offer corporate relocation assistance. When interviewing for a position in a different state or country, be sure to get crystal clear explanations of what type of global mobility benefits are provided. 

But even after making the move official, there will still be money management skills that should be practiced. Here are a few financial tips when considering the relocation costs for a domestic move or an international assignment.

Do Thorough Research on the Cost of Living

The adjusted cost of living is the most obvious factor in accepting or rejecting a job in a new location. Before taking a giant leap, you’ll want to research some ordinary living expenses in the new city, such as rent/home prices, cars, gas, utilities, childcare, and other everyday expenses. If you are working with a relocation management company (RMC) to assist you in your move, it will be worth asking if they can provide a cost-of-living calculator.

Plugging some numbers into a relocation technology tool can help you understand how much money you’ll have to make and spend in your new destination. Once you have a clear picture, you can begin navigating your finances into a monthly budget that assures you’ll be stable in your new home.

Finding a Budgeting Style

In preparation for relocating, it is recommended to have a budgeting technique and do your best to stick to it. Setting a budget within your new cost of living allows you to see the scope of your finances to their extent. 

Popular Budgeting styles and techniques:

  1. Envelope method. Categorize envelopes for different expenses (e.g., rent/mortgage, groceries, gas, travel). Allocate money from paychecks to each. This method aids in monitoring spending and encourages mindful spending behavior.
  2. 50/30/20. Divide your paycheck into three parts: necessary costs (50%), leisure and pleasure (30%), and savings/debt repayment (20%). Adjust the percentages as needed; if you have more debts, increase the amount allocated to that category. This system is customizable and can be tailored to your individual needs.
  3. Zero-based Budgeting. Budgeting using zero-based systems divides your income into more minor, less expensive expenses. Record your income, then list the categories you need to spend each month. Estimate how much you will need to pay for each type until your total is zero. This way, you can be sure that every dollar will go somewhere, like your savings, rent, or groceries.
  4. The Pay-Your-Self-first Budget. A great way to put money aside to pay down debt and build your savings. Once you’ve paid off your debts, you can use the rest for anything.

GMS Can Provide Cost of Living Analysis

As stated above, it is always a good idea to get a scope on the cost of living for the desired state or city you are looking to move to. Global Mobility Solutions (GMS) is proud to call itself the leader in the relocation industry regarding technology. We are the pioneers of relocation technology. 

Our cost of living calculators can get you to point in the right direction from the start. From there, you can decide whether the relocation process suits you for this particular job. Our calculators are constantly updated and tested to ensure realistic answers. Please contact us today if you want more information on receiving a cost of living analysis for a new city. And always be sure to check our Knowledge base, where we post blogs about countless relocation topics.

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HR’s Role in Managing Employee Relocation

Here is an overview of everything you need to know about getting an employee from point A to point B

Any company’s human resource department has countless staff relationship tasks, from approving vacation days to helping employees during their relocation process. The HR team is the company’s glue, holding together all the company’s processes and the backend paperwork regarding every employee. 

In most cases, the HR team is responsible for working with relocation services providers to work with the company to assist moving employees who accept a relocation assignment. HR teams will usually be in charge of getting quotes from relocation management companies (RMC), then working with the chosen RMC to set up the global mobility benefits that employees can utilize. If not taken care of properly, a lousy relocation process can hinder the hiring or retaining of skilled employees. A competitive and comprehensive relocation package is necessary to encourage employees to accept domestic and international relocation assignments.

HR’s role in employee relocations is significant; they must ensure a smooth transition by providing support. Global relocations are critical to every company’s success and should be taken seriously.

Setting Goals for Relocation Services

The HR team needs to come up with more innovative ideas when it comes to global mobility and employee relocation. In multinational companies, specific programs and procedures are in place to ensure employee hassle-free relocation. 

Any relocation plan that addresses and minimizes stress on employees and HR professionals must be appealing to transferring employees at any level on the organization chart. The employee must be able to relocate and be familiar with the process, often resolving questions regarding relocation and relocation issues.

Key Elements of Relocation Policies

There is no doubt that relocating employees can be a hectic process for all involved. But none more so than the employee and their family. That is why the HR team must cover as many benefits as possible so that the employee has the best chance of a smooth transition. It is a big ask for an employee to move states, or even countries, to work for a new company, which is why they should be taken care of. Here are some standard relocation services that should be covered in even the most standard packages:

  • Fair compensation adjustments are made if the living cost of the new location is higher than the transferee’s base.
  • Working with expert relocation coaches to assist relocating employees to guarantee low-stress, effective location change.
  • Paid trips to look for a house, multiple if possible, allow the employee and spouse to see homes that would work and get to know new neighborhoods that would be acceptable.
  • Moving and travel expenses are reimbursed to ensure that the shipping of the employee’s household goods is appropriately performed and minimizes the family’s costs to relocate to the new location.
  • Short-term housing options so the employee and their family can adjust to their new destination for a short period before buying a new home.

It’s HR’s Job to Introduce and Education New Employees about Relocation

As stated before, the HR manager and their team have countless tasks and processes to keep employees up to date on. But walking through the relocation policies with a new-hired employee is a vital task that should be considered. There should be a set company process setup for onboarding a relocating employee.

It is crucial to go over how, when, and where the relocation process occurs. Also, be honest and upfront with the employee on what they can expect during the move. Lastly, if working with an RMC that provides relocation coaches or one-on-one contact with a global mobility specialist, a company HR representative should introduce the employee to that assigned coach. On top of that, the company’s HR team should also act as a backup, best they can, if the relocation coach is unavailable for more than a few business days.

Need Help Updating or Creating Relocation Services?

Global Mobility Solutions (GMS) knows first-hand how busy HR teams can be. We want to help you and your team update or create your company’s relocation policies. Since 1987, GMS has been hiring the top relocation experts in the industry to ensure we can provide award-winning relocation services to our clients. 

Let us help you remove all the stress and concerns of relocating employees. We will listen to all of your needs and, from there, help you construct comprehensive relocation packages that employees will have a hard time turning down. But it is not only our goal to assist your employees’ move, but to keep relocation policies cost-efficient for your company. 

Our initiative technology helps employees, HR reps, and relocation coaches track the relocation process from start to finish. We have a cloud-based system that helps track everything from payments and recipients to household goods shipping. 

If your HR team is ready to discuss how to set up an excellent relocation process for both employees and the company, then set up a free consultation with one of our relocation experts, who will get you on the right track.

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.