Category: Job Market

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Career Services Job Market Job Seekers Labor Force

UK Job Vacancies Drop Below 1 Million

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For the first time since 2021, there are less than 1 million job vacancies in the Uk

The decline in advertised vacancies in London is concerning, as it indicates a potential slowdown in the job market. With almost 200,000 fewer job opportunities than the previous year, job seekers in the capital may face increased competition for available positions.


Furthermore, the decrease in average advertised salaries in London adds to the worries of job seekers. A 2.0% decline may not seem significant at first glance, but it can substantially impact individuals’ financial well-being and the overall health of the UK job market. With London’s high cost of living, a decrease in salaries can make it even more challenging for residents to make ends meet.


On a more positive note, Wales experienced a slight rebound in November after a fall in October. This suggests that the job market in Wales is relatively stable, providing some relief for job seekers in the region. However, it remains to be seen whether this growth will continue in the coming months.


The East Midlands, on the other hand, has emerged as a surprising frontrunner regarding salary growth. Overtaking Northern Ireland and Yorkshire, which have consistently shown strong salary growth throughout the year, the East Midlands saw the highest year-over-year increase in November. This growth can be attributed to the rise in average salaries in Leicester, which increased by an impressive 6.8% to £34,781.


Overall, the job market in the U.K. is experiencing mixed fortunes. While some regions are witnessing job vacancies and salaries declines, others are showing signs of growth. Job seekers must remain vigilant and adaptable, considering opportunities in different areas and industries to maximize their chances of finding employment. 


Global Mobility Solutions (GMS) is the industry leader in relocation services and always has a pulse on job markets worldwide. Be sure to check out our Knowledge Base as we post weekly blogs with topics ranging from real estate insights to info for hiring managers.

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Job Market Job Seekers Labor Force

Welcome to 2023 and Beyond, Enjoy Your Workation

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What’s a Workation?

The idea of going on a workation appears to be a common practice nowadays. Combining work and vacation, a workation may seem paradoxical at first. After all, if you are working, you are not truly on a vacation, right? However, due to the rise of remote work and the newfound flexibility it offers, a new trend has emerged – the workation.

In this article, I will present to you this innovative idea. Initially, I will delve into the meaning of the term workation and the reasons for its rapid surge in popularity. Subsequently, I will explore the various variations of workations and the optimal locations for enjoying this unique type of vacation. Lastly, I will analyze the pros and cons of embarking on a workation, culminating in providing useful suggestions and guidance for a productive workation experience.

What is a workation?

A workation, also known as a workcation or worcation, is a unique experience that involves blending work and leisure time away from the office environment. Essentially, a workation allows you to take a break in a different location while still being able to fulfill your work responsibilities.

Since workation is a relatively new term, I haven’t been able to find an official definition yet. The extent of work required to consider oneself on a workation is still unclear. Does checking emails once a week suffice? What if you only accomplish 50% of your normal workload? Or do you need to work the same amount, or even more, than you would at home? Furthermore, why do we feel the need to travel for workation? Currently, workcations are quite popular.

At present, there is still a lack of clarity regarding the aforementioned matter, resulting in the term workation being ambiguous and open to interpretation. I have extensively discussed the definitions of different ideas in my previous articles, with particular emphasis on the definition of tourism. Therefore, in an effort to provide some clarification, I suggest the following explanation.
‘A workation can be described as a vacation where a significant portion of time is devoted to work.’ Dr. Hayley Stainton (2020).

The growth of workations

The year 2020 brought extensive devastation in various aspects. Tragically, numerous lives were lost, the international tourism sector suffered severe damage, our rights and freedoms were forcibly taken away, and we faced economic declines on a scale not witnessed since World War 2. It is undeniably clear that this was not our most successful year.

However, there is always a positive aspect to every situation, isn’t there? The global pandemic did bring about certain advantages. Health and sanitation measures have been enhanced on a global scale, technology has revolutionized various aspects of efficiency, and we are no longer confined to our office workstations as we were in 2019.

The idea of a workation has developed as a result of the newfound liberties granted to us in our jobs. We have demonstrated to our employers that constant supervision is not necessary and that we are capable of working autonomously. In fact, numerous employers now support the idea of remote work as a means to cut down on expenses such as office space rent.

The advancement of technology has empowered us to enhance our work methods. We are no longer compelled to harm the environment through daily commuting or extensive travel for business engagements. Instead, we can easily activate our laptops and establish virtual connections. Frankly speaking, I find it perplexing that it requires a worldwide health crisis for us to acknowledge this, as it appears quite apparent to me.

Anyway, I am getting off-topic… The main idea is that the professional landscape will undergo a permanent transformation. Individuals now have the option to work remotely from rural locations or even overseas. I anticipate that this trend will become increasingly prevalent in the future. Consequently, it can potentially lessen the economic inequalities between different regions and nations. However, I am not well-versed in economics, so I won’t elaborate on that aspect at this moment.

The rise of remote work has made it difficult to distinguish between work and personal life. Some people find this acceptable, while others do not. However, it does provide us with the freedom to shape our own lives, a privilege that was rare prior to the COVID-19 pandemic. We now have the option to work when it suits us best. Are you not a morning person? No problem. Do you want to be available to pick up your children from school? Absolutely. Would you rather work on Sundays instead of Mondays? Go for it. Are you looking for a more affordable way of living? Consider a workation as a potential solution.

The lines between work and leisure have become increasingly blurred, even during our vacations. We now have the ability to combine our work and holidays in a way that suits our needs. This is what we call a “workation.”

Gone are the days of being tied to a rigid schedule and a monotonous routine. With the rise of the workation, we have the freedom to break free from the traditional 9-to-5 grind and create a life that aligns with our individual needs and desires.

Imagine waking up in a cozy cabin nestled in the mountains, surrounded by breathtaking views. The crisp morning air fills your lungs as you sip on a cup of freshly brewed coffee, knowing you have the entire day ahead of you to work on your own terms. No more rushing through breakfast or battling traffic during the morning commute. Instead, you have the luxury of starting your workday whenever it suits you best.

For those who are not morning people, this newfound flexibility is a game-changer. You can now embrace your natural rhythm and tackle your tasks when you feel most productive. Whether you’re a night owl who thrives in the late hours or someone who prefers a leisurely start to the day, the workation allows you to optimize your work schedule to maximize your efficiency and creativity.

But it’s not just about the work. The workation also allows us to prioritize the things that truly matter in life. Need to pick up your kids from school? No problem. With the workation, you can easily adjust your schedule to be there for those crucial moments. Gone are the days of missing out on school plays or parent-teacher meetings due to work obligations. Now, you can seamlessly blend your professional and personal life, creating a harmonious balance that brings you joy and fulfillment.

And let’s not forget about the financial benefits of the workation. By exploring new locations and finding more affordable places to live, you can stretch your hard-earned money further. Imagine living in a tropical paradise or a charming European town, all while maintaining your career. The workation opens up a world of possibilities, allowing you to experience different cultures, cuisines, and lifestyles without sacrificing your professional growth.

Even when it comes to vacations, the workation offers a unique twist. Instead of taking time off from work, you can merge your holiday with your job. Picture yourself lounging on a pristine beach, laptop in hand, as you complete your tasks with the sound of crashing waves in the background. This seamless integration of work and leisure allows you to make the most of your time, ensuring you return from your vacation feeling refreshed and accomplished.
In this new era of flexibility and freedom, the workation has become a beacon of possibility. It empowers us to.

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Job Market Job Seekers Talent Management

Blind Recruiting: What is it?

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Happy businessman shaking hands with colleague on a meeting in the office.

Some companies are turning to blind recruiting methods to hire open positions

Recent job searchers prioritize workplace diversity when assessing potential employers. Most job seekers believe this is vital to a company’s identity. Establishing a DE&I strategy early in the recruitment process can attract the best talent, and blind recruitment can help ensure no one is overlooked.

It has been demonstrated that organizations with various qualified employees are 25% more likely to be successful and profitable. More and more companies are beginning to recognize the importance of having a diverse workforce, yet many need assistance achieving this goal. Unintentional bias in the hiring process may lead to fewer opportunities for diversity, so it is vital to have the correct recruitment approach to decrease this risk and maintain inclusivity.

What Is Blind Recruiting?

The practice of ‘blind’ or anonymous recruiting seeks to remove personal specifics from an applicant’s profile in the evaluation stage. This most often means the removal of names. However, in certain situations, like when using Applied, more information is taken away, such as age, address, and educational background, to eliminate potential bias.

To ensure fair and equitable treatment of job applicants, blind CVs have been gaining traction in recent years as they effectively remove personal biases that might come into play when viewing a candidate’s resume.

Currently, various recruiting techniques focus on diversity. One of these is blind recruiting, which eliminates a job applicant’s personal information to prevent anything from harming the hiring process.

By eliminating any type of recruiter prejudice—whether intentional or not—quality applicants are more likely to be hired based solely on their abilities and work history, as opposed to their identity, orientation, cultural heritage, impairment status, or history. 

Biases can prevent impartial hiring practices, but blind sourcing can limit the effect of these biases by obscuring information that could lead to prejudicial decisions.

How to Incorporate Blind Recruiting Techniques

It can be challenging to overcome unconscious prejudice, but blind hiring can assist recruiters in making unbiased decisions when selecting the most suitable applicants. Taking the following steps can make the pursuit of a diverse recruitment strategy more effective:

  • Set up training for hiring managers about hiring bias.
  • Use anonymity on job applications and résumés.
  • Review the current recruiting process to ensure it complies with state and federal hiring equity laws.
  • Perform regular metrics assessments on HR teams and hiring managers.

Relocation Pre-Decision Services Can Assist in Recruiting

Global Mobility Solutions (GMS) leads the global mobility industry with our award-winning pre-decision services. We offer 30% more benefits than any other relocation company. The expert team at GMS understands that relocating employees is a hard job involving much more than moving an employee’s household goods. 

That is why our pre-decision services can help you when recruiting new employees. Having relocation packages ready for employees and other benefits can allow your recruiting and hiring managers to brag about the smooth process. 

Schedule a free consultation today if you are ready to get more info on our pre-decision services. One of our relocation experts will share how we can assist you.

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Career Services Job Market Job Seekers

A Guide to EAP Programs

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Woman sharing her experiences during a mental health group therapy meeting. Multiracial women participate in support group session sitting in a circle.

What is an EAP?: Everything you need to know about setting up EAP Programs for your employees

An Employee Assistance Program (EAP Program) is a professional service program designed to help employees handle issues that arise daily in both a career setting and their personal life.  An EAP provides benefits to employees in the form of counseling and other services. In most cases, these programs also offer resources to managers and employers through organizational development and training. Typically EAPs are set up by the company’s human resources department. Various vendors can help a company set up an EAP.

Most companies have an online portal where employees can review and utilize these special EAP benefits. The most common benefits include mental health counseling, discounts on other services, and sometimes gym memberships or phone bills. 

This guide provides insight into what an EAP is and the associated benefits and standard services usually included. Choosing the right program for your organization is essential, as the services provided can directly impact the well-being of your organization. Therefore, it is critical to ensure that your employees are provided the assistance and help they need.

Common EAP Program Services

Each company will have different areas of services to offer its employees, but here are some of the standard services EAPs usually include:

Mental Health Counseling

Employees who are stressed or overwhelmed by personal or work situations can’t perform their duties effectively. An employee’s poor mental health can lead to decreased productivity, increased absences, and errors that might lead to safety mistakes. An EAP that provides counseling can be the perfect resource that an individual might need to get help. A solid EAP will have a list of counselors that an employee can choose to contact. 

In most cases, the employee’s immediate family members can also have access to counseling through the EAP. This is an essential detail that companies should look into because if the employee has a family member who is having a rough go of it, their productivity can be just as compromised, just as bad. 

The 24/7 online and over-the-phone counseling programs have become more popular over the years. It is expected that many EAPs will cover this type of counseling, but companies should go the extra mile to ensure that in-person appointments can also be made for employees.

Personal Life Resources

It’s not just enough to promote a healthy work/life balance. Companies should put processes in place that create a perfect work/life balance. Numerous employees struggle with finding the right mix of working hard for the company and taking time for themselves. Some situations come up in everyday life that sometimes requires additional assistance. Personal life resources are meant to provide employees with the options they need help with. 

The most common life situations that employees may need help with are: 

  • Child care
  • Pet care
  • Housing services
  • Education
  • Elder/adult care

That’s not to say that the company should pay for each employee’s daycare or pet boarding services. But an EAP could be an excellent opportunity for the company to get a stellar price from vendors offering these services and then promote a great price to employees. This sets up a win for all parties. The company gets a happier, less stressed employee. The employee receives these services at a reduced price. And the providers for these services get repeat business. 

Career Advancement Services

This one should go without saying. Every company should invest in the advancement of its employees. It is a good idea to include career advancement programs in EAPs. Special training, classes, or conferences that can help employees learn more about moving up to the next level has numerous benefits. Employees who feel they are trained and appropriately promoted are more likely to stay. 

If the company can train and then promote from within, it can help cut down on employee turnover. And every company knows that employee turnover costs money because the hiring process can take much longer than expected.

Update Your EAP with Relocation Services

An excellent way to make your EAP more comprehensive is to include a small range of relocation services for employees to utilize. With so much of the workforce going remote these days, companies are not as willing to pay to relocate employees, but if the company were to partner with a reliable relocation service provider such as Global Mobility Solutions (GMS), then they could add talent mobility benefits to their EAP. 

If employees have relocation benefits at their fingertips, they can move to where their family is most comfortable, at a more affordable price, without the company having to pay for it. This could be a good setup for companies in a remote setting. 

There are still benefits of working with a relocation management company for companies not in a remote setting. For starters, relocation companies have a long list of reputable real estate agents who can still assist employees who are looking to move within the state. Also, partnering with an RMC can give you options for moving companies within your EAP, so employees who have to find a new apartment or house have some help moving.

Why GMS?

Why use GMS as your relocation management company in your EAP? GMS is the industry leader in talent mobility. Our expert team has been helping employees move, both domestically and internationally, since 1987. We work with companies to figure out their needs when it comes to relocation services. Whether you’re looking for full-service relocation assignments for your in-office employees or some side benefits to add to your EAP, GMS has you covered. Feel free to set up a call with one of the relocation experts who can assist you in moving forward.

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Career Services Employee Development Job Market Job Seekers Labor Force Relocation Challenges

The Relationship Between Frictional Unemployment and Relocation

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What Is Frictional Unemployment?

Frictional unemployment is the technical term for someone who is “in-between jobs” because they plan to move to a new position. Economists use this term for employees who leave their jobs voluntarily or involuntarily. There are other types of unemployment, but frictional is unique because it is seen as a natural part of labor turnover rates.

The majority of frictional unemployment is when an employee leaves their job for a new one. Career changes also fit into this category. Students who recently graduated and trying to obtain full-time positions are also considered under frictional unemployment.

Because frictional unemployment is natural in a healthy economy, it doesn’t always compel a negative impact. In most cases, this type of unemployment can be beneficial. If a higher-qualified employee chooses to explore new opportunities, companies receive applications from candidates. And in many cases, a set relocation strategy offers a significant offset to minimize time and costs for an employee moving to a new destination.

Examples of Frictional Unemployment

There are different situations that would constitute frictional unemployment. Again, because frictional unemployment numbers are high in a healthy economy, it can be suitable for companies and employees alike. The only obvious downfall on the employees’ end is that any type of unemployment can be scary and stressful. The longer the unemployment stent lasts, the harder it is on the employee and their family. Here are some everyday situations that reflect frictional unemployment:

Personal Transition

Maybe the most common example of frictional unemployment. A personal transition can include taking time off to care for kids or an ill relative to a complete career change. As always seen as voluntary unemployment, personal transitions can last just a few days to a long extended time. Career changes usually involve new training or going back to school, so they can take years in some instances. 

Another prime example of personal transition unemployment is an employee who leaves their job to start their own business. As people can save and set a foundation for their business, they do their best to time an exit from their current position to take a shot at their dream business.

Geographic Move

There are numerous situations that would fit in this category. The most seen is someone who accepts a new position in a new state or country. No one can just move overnight and be ready to work the next day. The relocation process takes some time in which usually the employee is not working, so there is a small gap in employment before the new job starts. However, if an employee accepts a promotion or corporate relocation assignment from their company, there could still be a minimal employment gap. 

Geographic move unemployment matters also occur when an employee’s spouse or partner accepts a job in another location. The employee then gives resignation notice due to the move and then searches for a new job. 

Another callout for this type of frictional unemployment might be if an employee wants a fresh start in a new home, but the company won’t allow a transfer and doesn’t offer remote work options. Obviously, this also fits into voluntary unemployment. In most cases like this, it is recommended from a professional point of view that the employee already have a position lined up in their new destination before relocating.

Skill Matching

Skill matching refers to an employee leaving their job for a position where the skills, responsibilities, and requirements are on the same level. This situation usually occurs when an employee feels underappreciated or underpaid at their current company. Sometimes, the employee will apply to open similar positions to get the pay raise they hope to reach. Or if the employee feels the new company can offer better career growth opportunities. 

Skill matching frictional unemployment happens in a thriving economy when employees have more power in salary negotiation.

Up-Skilling

Up-skilling frictional unemployment is highly similar to skill matching. The big difference is that the employee is taking a new position because they cannot advance at their current company. The most straightforward call out here is an employee who holds an entry-level job moves to a new organization to go into a manager-level role. Or a manager-level employee wants to be promoted to a director or president-level role. This switch usually happens when an employee is topped out and looking for a higher salary and more responsibilities. 

Again, up-skilling is easier done in an employee-favored economy during hiring frenzies. But, just like skill matching, the number of days unemployed is minimal and on the employee’s terms.

Entering the Workforce

Recently graduated college students who have yet to find a full-time job count in frictional unemployment rates. Younger job seekers who are applying and interviewing for positions usually make up the highest rate of this example. This situation for frictional unemployment is the most dependent upon the health of the economy. In a healthy economy where job openings are plentiful, graduates have more options and a better chance of limiting their unemployment days. 

It is not uncommon for someone who may have been a stay-at-home parent looking for their first career job since caring for children. And military members whose service time has concluded, now on the job search fit into this category also. 

How a Relocation Strategy Can Reduce Frictional Unemployment

Setting up corporate relocation policies can help companies cut down on frictional unemployment. These set policies help quicken the timeline it takes for an employee and their family to move. If the company develops its strategies with a relocation management company (RMC), processing time and costs can be managed better. Companies tend to work with relocation specialists who can provide coaching for the process and a prepared list of vendors who work in the services needed, such as movers and real estate agents. 

Frictional Unemployment can hinder companies that relocate new, existing, or promoted employees if they do not have a strategy in place. The company suffers because the moving process drags out; there are numerous days when the position is not filled. On the flip side, the employee suffers because this is time they are not getting paid. But being prepared with relocation packages to offer employees gets them from point A to point B within a reasonable timeline.

GMS Has Taken It to the Next Level

Global Mobility Solutions has been assisting companies with their relocation strategies since 1987. Our team of relocation experts knows how to help companies prioritize their global mobility needs. In addition, we have set in a new Employee Choice Program allowing employees to relocate without their company providing financial sponsorship. 

This program is meant for companies to retain top talent for positions allowed to work remotely. In addition, companies can enable employees to relocate while not having to pay for the process. GMS offers this program to companies so that their employees can utilize our list of relocation vendors at great prices. Please fill out this form to get more information on this new program put together by GMS. Then one of our relocation experts will reach out to let you know how your employees can take advantage of the Employee Choice Program. 

GMS is here to help with any relocation needs, and our Knowledge Base is full of hard-hitting blog topics that can answer many levels of questions. 

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Career Services Employee Development Job Market Job Seekers

Lack of Remote Work Policies Up Resignation Numbers

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

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

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

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

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

Employees Resigning Because of Lack of Flexible Work from Home Arrangements

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

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

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

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

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

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

GMS Can Help with Employee Retention

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

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

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

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Job Market Job Seekers Labor Force Relocation Best Practices

Here Are Some Hiring Incentive Ideas to Land Top Talent

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Recruiting In a Hot Job Market? Sweeten the Deal

From trucking to healthcare, many industries are having a hard time landing top talent for open jobs. Companies have difficulty filling positions regardless of the talent level in some industries, such as hospitality and foodservice. What is holding back companies from being able to hire the right candidate in a reasonable time? 

While pandemic and economic factors certainly play a factor in these difficulties, GMS recommends that you keep it simple and review what your HR department does from a recruiting and benefits standpoint. What can your company offer that other companies can’t? How do you prove to candidates that working at your company will improve their life professionally and personally? 

Sometimes, companies will offer high salaries for positions but end up with a candidate who is not qualified. Or worse, a candidate who works for the company for six months then moves on to another job that offers more. Obtaining and retaining good employees can be difficult for HR managers and recruiters. That’s why some companies provide enhanced incentives to new employees. 

Here are some ideas on how your company can hire and obtain talented candidates for positions at all levels:

1. Roll Out an Employee Referral Program

A simple idea, but giving your employees incentives to recruit for the company can go a long way. Your employees know better than anyone what type of person needs to fill the open seat. Rewarding your staff by giving bonuses or other financial incentives for bringing in a front-runner job candidate will pay dividends.

In many cases, these referral programs offer existing employees a pre-defined bonus if the employee refers an applicant who meets all criteria, is hired, and then stays with the company for a specified length of time. Ninety days of employment is the typical timeframe applied to these programs. However, with the current competitive hiring market, some companies are paying their employee referral bonuses after only 30 days of the new hire’s start date.

2. Temporarily Reduce Repayment Agreement Terms to One Year

Offering relocation policies to candidates is a great way to open up the talent pool for the open position. When you are able to field any applications from candidates located throughout the country, it gives your company much more opportunity to find the right employee as opposed to just interviewing local candidates. Keeping the job posting local shrinks the number of potential candidates. 

Oftentimes, when offering relocation packages to new hires, employers offer to cover the costs of the relocation if the employee stays with the company for a protracted period of time (generally 2-3 years). This arrangement is called a Repayment Agreement, whereby the employee is contractually obligated to repay a defined amount of the relocation costs that were covered on their behalf in the event they leave the company within the specified time period.

In a tight hiring market, many companies are temporarily reducing the terms of this agreement to as little as one year. This can be perceived as an added incentive for the employee, reducing their risk of paying back their relocation costs in the event they need to move on. However, this represents added risk and exposure to the employer.

3. Increase Allowances to Encourage Candidates to Consider Relocation

Miscellaneous Expense Allowances (MEAs) are a pool of money a company will offer an employee above and beyond the benefits, the employer has committed to directly covering (such as household goods transportation costs.) The MEA can be used by the employee to cover relocation costs that might not be covered under the policy, but qualify for use. For example, the employee’s relocation policy might not specifically call out pet transportation as a covered benefit. Employees can utilize their MEA to help cover the cost of transportation for their dog or cat, reducing their personal financial burden.

The specific MEA benefit level and its allowable use can be different from company to company and policy to policy. However, increasing the amount offered in the MEA can be a powerful incentive for job candidates who might be on the fence about relocating for the position.

4. Review and Approve Relocation Policy Exceptions Upfront

In the negotiation stage of hiring, it is always important to be upfront and crystal clear about what benefits are contained within your relocation policies. Make sure the employee knows what is covered, how they can utilize relocation policies, and why they should take advantage of each benefit. The last thing you want is to send an offer letter out only to have it rejected. 

Occasionally, the benefits provided by your relocation package may not meet the needs of a candidate and their family, potentially derailing the hiring process. In these cases, policy exceptions can be used to provide additional and targeted relocation support to the candidate. For example, consider increasing the number of days of temporary housing coverage to accommodate an employee without a place to live due to the current hot real estate market. As homes are selling quickly, intense competition in purchasing a new home can drag out how long an employee needs accommodations.

5. Formalize A Sign-On Bonus Structure

Sign-on bonuses are an easy way to hire in a hurry. Offering a set amount of money to be paid to the new employee after a certain amount of days on the job can be a powerful hiring incentive. In industries that are desperate for talent, these sign-on bonuses can be as high as $5,000 to $10,000. The amount of the bonus should depend on the employee’s experience and the urgency for filling the open position. 

6. Offer Retention Bonuses To Obtain and Keep Top Talent

Having retention or goal-based bonus structures for new hires can be a great way to keep good talent around. After an employee is hired, give them a list of obtainable goals for them to meet in their first 30-120 days. If all goals are met, the employee should be eligible for the bonus. Programs like this do two things: first off, they keep the employee motivated and focused on meeting marks. Second, it is a great recruiting weapon. Advertising to potential employees that they can get bonuses for aspects of their job can entice some great candidates to be willing to leave their current job to work for you.

GMS Knows Hiring Can Be Hard. Let Us Help!

Global Mobility Solutions (GMS) has been a workforce mobility leader since 1987. We help companies create and update relocation policies for employees, offer outstanding recruiter services, and develop innovative resources for HR managers. We want to help your company get the right people in the right seats quickly and easily. Contact us today to set up a consultation call with one of our talent mobility experts. We will listen to all of your wants and needs, then help you put together the best global mobility plan possible.

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.

Categories
Business Services Career Services Employee Development Job Market Labor Force

Preparing for 2022 Workplace Trends

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Group of young modern people in smart casual wear discussing business while working in the creative office

What lies ahead for the average workplace in 2022?

It is hard to believe that the fourth quarter of 2021 is already upon us. So much has happened in the US (and around the world) the past two years, but it still feels like it’s moved ahead at a blurred pace. The modern workplace is constantly evolving as it is, but the past few years have forced numerous industries to change their workplaces due to Covid restrictions with little to no warning. Keeping up on trends to ensure that your company’s workplace or work plan is positive, collaborative, and flexible is important to making sure you can employ the best talent for each position.  

A healthy workplace not only attracts the best talent but also can help improve employee performance and productivity. Employee turnover is an expensive problem for a workplace that is struggling with morale or productivity on everyday tasks. In order to set up your workplace for employee success in 2022 and beyond, check out these trends that you should consider implementing throughout the new year:

Gen Z Is Coming

Demographic shifts are something that cannot be halted. In the past four-plus decades we’ve seen the workforce transition from Baby Boomers to Gen X to Millennials. Now, the next generation is ready to start entering the business world. Gen Z (born between 1997 and 2010) is the newest working generation and stats are predicting that they will make up about 40% of the global workforce entering 2022. 

The main difference between Gen Z and the previous age demographics is Gen Z was born and raised with technology in hand. With mobile phones, tablets, laptops, endless apps, and more, Gen Z has been steeped in technology. This familiarity has allowed Gen Z to embrace technology and the improvements it can provide in the workplace. They are quicker to catch on to updates to systems and policies and adapt to using new software when asked. Small and midsize businesses will need to explore the habits, skillset, and mindsets of this new working generation to ensure that their business can stay up to date against the competition. Using old technology and software or outdated workplace policies can hurt a company’s chances of hiring the best candidate for a job if most of the applicants are from this new generation. 

To keep up with this new generation, and to keep pace with the workplace trends of 2022, it could be time for your organization to review office practices, routines, training, and career progression plans.

Working Remotely and Flexible Work Schedules

Mainly due to Covid-19 office restrictions, many companies learned that employees can be just as productive working remotely as they can sitting in a central office complex. 2020 and 2021 have shown companies that there are many benefits to allowing employees to work remotely. There are two main advantages for employees. The first is the improved work-life balance that can be achieved when the employee no longer needs to commute back and forth to an office five days per week. The other is not dealing with the stress of rush hour traffic each way during these daily office commutes. Both of these points can also benefit the employer because if employees are less stressed, then they are more likely to be productive during the workday. 

Allowing employees to work remotely full-time, even after all Covid-19 restrictions are lifted, is something that is going to be the new normal. In a survey sent to company leaders, it was reported that 47% of companies said they will let employees work remotely full-time, while 80% from that same survey said they will allow at least part-time work away from the office. 

Also, the mandatory 8am to 4pm or 9am to 5pm work schedules are being left in the dust by innovative managers. Companies (whether they allow remote work or require office work) should consider flexible work schedules. Again, it helps employees be able to retain a work-life balance that will keep them happy, positive, productive, and less distracted.

Set Realistic and Motivating Promotion Paths

Many larger companies tend to get bad reputations when it comes to employee growth and promotions. Often, employees of bigger branches feel like just a number in the system and seem stuck once in the same position for a few years. This creates a culture that lacks creativity and passion, ultimately hurting company performance. In addition, current trends have shown a huge increase in open jobs that need to be filled. Companies who do not have set promotion paths for a majority of their employees will probably have a hard time keeping talent, because they can advance their careers by filling one of the numerous open positions that need to be filled. 

When ownership groups and managers can come together to set realistic goals that can give the employee a clear path to development, promotions, raises, new training, and new opportunities it can set a great work culture that employees will want to work at and thrive at for years to come. It should be noted that it is not advisable to simply set career paths for new employees and leave it at that. Regular reviews should be set for all new and current employees to  meet with a company leader to discuss their place in the organization and how to further develop their professional skills and advance within the department or company.

Keep Communications Open and Sociable

Today, simple conversational and writing skills can be difficult for some employees. Many younger employees who are new to the workforce have grown accustomed to communicating primarily through text messaging or social media. Encouraging your employees to be more personal when communicating, especially when working remotely, can go a long way towards their overall personal and professional development. Providing software that can include instant messaging and easy-to-use video calls can promote your employees to speak face to face when possible. This will go a long way in developing a work culture where employees not only feel like a person, but feel that they are interacting with other “real” people.

Stay On Top of Workforce and Workplace Trends

Global Mobility Solutions offers readers updates on relocation industry trends on a regular basis. Our command of emerging trends have allowed our team to help countless companies to develop robust and competitive relocation programs, enhance their retention of talent, and acquire the fresh talent needed to grow their business. GMS performs regular benchmarking studies to track and evaluate policy trends and identify shifts in the mobility landscape. GMS is committed to staying in-the-know regarding the challenges facing a wide range of industries that have a need for global mobility and relocation services. 

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

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

Categories
Global Mobility Global Relocation Job Market

An Employee & Employer’s Guide to Expatriate Health Insurance

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The mid adult female doctor uses the digital tablet to show the x-ray to the unrecognizable senior man.

What Is Expatriate Health Insurance?

Relocating employees is not necessarily the easiest process. There is a lot that goes into moving a candidate to fill a role, from home-selling assistance to transportation of household goods to tax gross-ups, companies have to assure that the many needs of their relocating employees are covered. Typically, health insurance is something that is discussed in the negotiation stage of hiring. But what if the candidate is moving from another country? Each country has different health care systems and requirements for health insurance coverage, and employees’ existing insurance plans may not provide complete coverage when the employee is moving internationally. Newly hired employees moving internationally might have a concern about their coverage for the period before the new job’s health plan goes into effect. 

When hiring international applicants, it is recommended that companies have expatriate health insurance options in their relocation benefits packages. Expatriate medical coverage (also known as expat insurance) is temporary insurance that is provided for people living outside their home country. Many plans are designed to cover employees who are staying in one country or will be traveling to multiple countries during their work assignments.

Why Is Health Insurance Important for Expatriates?

Expat insurance comes into play when a relocated employee is considered a foreign national and does not qualify for plans offered by local insurance companies. An easy example would be a Canadian citizen who is living in the US for an extended period for work. Does their home health insurance provide the same level of coverage and cost-benefit when they are outside of their home country?

For the Employer

Companies may want to consider covering expatriate insurance benefits because it can help attract and maintain talented employees. When trying to fill a seat in the company, having the option of being able to interview, and ultimately hire, international applicants opens up more options.

For the Employee

International relocators should take advantage of expatriate insurance when offered due to the varied health coverage in different countries. As each country has its own healthcare system, it can be very confusing to know how the system works and what is and isn’t covered. Uninsured individuals who seek treatments could end up with massive bills later on. 

Expatriate health coverage also gives the moving employee peace of mind, not only knowing they’re covered for unexpected healthcare needs but in knowing they are protected financially as well. If an emergency or sickness were to pop up, that employee knows their coverage will help with medical bills.

What Type of International Health Insurance Plans Are Available?

When it comes to expatriate insurance coverage options, the line does not stop at just medical. There are plans offered by providers which also include: 

  • Health Insurance
  • Life Insurance
  • Disability Insurance
  • Group Insurance
  • Evacuation and Medical Evacuation Insurance
  • Dental and Vision Insurance
  • Property and Liability Insurance
  • Travel Insurance

All of these different insurance types can help attract the best possible candidate for any job opening. Again, people who travel internationally for work assignments might desire these types of insurance because in their home country they may already be covered by them.

Considerations to Take When Choosing Expatriate Insurance

While there are a few providers who specialize in expatriate insurance plans, it’s always a good idea to look into which plan will work best for any given person. Is the favored policy set up for travelers or locals? Does the insurance company have a good reputation? Are the brokers and employees of the company certified for their specific field/job? Can the company pay claims from abroad? How do claim payments affect taxes or reimbursements? Does the employee have a choice of local healthcare at public and/or private hospitals? Does the policy cover a range of conditions, or is it limited to medical emergencies only?

All of these questions are fair to ask when inspecting a provider. But the big question to ask is if pre-existing medical conditions are covered and how they’re handled. Pre-existing conditions in the employees’ medical history could be the make-or-break deciding factor in choosing a provider. Companies should be sure their employees can get treatment coverage for conditions that are disclosed at the beginning of their health insurance policy.

Incorporate Expatriate Health Insurance into Your Relocation Program

Providing relocation benefits is one of the best ways to assure a company that they have the best shot at hiring the right person for the right seat. Global Mobility Solutions has been assisting companies in setting up their relocation programs for over 30 years now. If your company is ready to implement expatriate health insurance coverage into their policies then reach out to us today. Making sure employees are covered in case of an emergency medical situation is important. Our qualified team can help set up relocation benefits with expatriate health insurance included.

Categories
Corporate Relocation Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Job Market

2020 Regional Competitiveness Score Shows Maricopa County Leads the Nation

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In the fifth annual Talent Attraction Scorecard published by Emsi, Maricopa County ranks #1 for its 2020 regional competitiveness score. This ranking is among large counties in the US, defined as having a population of over 100,000 residents. Interestingly, Maricopa County also held the top spot for large counties in 2017 and 2018, and the second spot in 2019. The metropolitan Phoenix market is attracting both businesses and talent at a healthy and self-sustaining rate of growth.

Top 10 Ranking

The top 10 large counties ranking highest for their 2020 regional competitiveness score include:

  1. Maricopa (Phoenix, AZ)
  2. Clark (Las Vegas, NV)
  3. Collin (McKinney, TX)
  4. Williamson (Georgetown, TX)
  5. Riverside (Riverside, CA)
  6. Denton (Denton, TX)
  7. Fulton (Atlanta, GA)
  8. Wake (Raleigh, NC)
  9. Montgomery (Conroe, TX)
  10. Lee (For Myers, FL)

Source: Emsi Fifth Annual Talent Attraction Scorecard.

Note that all of the top 10 large counties ranking at the top for regional competitiveness are in southern or western states. Texas in particular has four large counties that rank high for regional competitiveness.

Emsi defines regional competitiveness as the “job change that occurs due to factors within a region.” This is as opposed to impacts from trends outside the region such as national economic performance or any other influences. With its return to the top spot for 2020, it is clear that locating and growing a business in Maricopa County is a winning proposition.

Data Included in 2020 Regional Competitiveness Score

Emsi’s data analysis focuses on several important measurable factors including:

  • Educational attainment
  • Growth of jobs
  • Growth of skilled workers
  • Migration
  • Population
  • Regional competitiveness

The report highlights several positive trends for Maricopa County, including current business expansions and a tremendous 18% in the growth of skilled jobs. Expansions in semiconductor manufacturing are highlighted, including Intel Corporation’s newest investment, the Fab 42 plant. This single investment accounts for over 10,000 jobs in Arizona, including 3,000 high-tech positions at the facility. Additional jobs include support engineering, equipment technicians, facility management and maintenance, transportation, and administration.

Success in Several Industries Supports Maricopa County’s 2020 Regional Competitiveness Score

However, the 2020 regional competitiveness score recognizes much more success in businesses than just in the semiconductor industry. The report notes that Maricopa County’s success spans a wide range and depth of industries. Ultimately, the report points to a “positive feedback loop” that supports growth:

Existing talent in Maricopa County

Attracts

Company relocations and investments

Attracts

Additional talent to relocate to Maricopa County

This feedback loop results in greater growth overall for Maricopa County and its several cities. For example, the city of Scottsdale has ranked at the top of the list for the 2020 USA job market. As business and jobs grow, so does the need for housing and infrastructure. According to Sperling’s Best Places, future job growth in Scottsdale is predicted to be higher than the US average.

What Should Employers do Regarding the 2020 Regional Competitiveness Score?

Employers should look into the data prepared by Emsi and other organizations such as the Greater Phoenix Economic Council (GPEC). The data may support a strategic relocation to Maricopa County or an expansion of current facilities located in the county. Recently GPEC reported 89 different companies looking to relocate to the Phoenix metropolitan area in their October 2020 Prospect Overview.

Many of these companies are looking to benefit from a lower cost of living, less taxes, and business-friendly policies. As a result of Maricopa County’s top ranking 2020 regional competitiveness score, these companies will also benefit from the county’s job growth, a growing and highly educated workforce, and positive inbound migration of skilled talent.

Conclusion

GMS’ team of domestic relocation experts has helped thousands of our clients understand how to find information on highly desirable areas for business relocations and group moves. Our team can help your company understand how the 2020 regional competitiveness score can lead to a successful business relocation with many benefits for both employers and employees.

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.

New SafeRelo™ COVID-19 Knowledge Portal

GMS recently launched its new SafeRelo™ COVID-19 Knowledge Portal featuring a number of helpful resources including:

  • Curated selection of news and articles specific to managing relocation programs and issues relating to COVID-19
  • Comprehensive guide to national, international, and local online sources for current data
  • Program/Policy Evaluation (PPE) Tool for instant relocation policy reviews

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 interest in learning more about the 2020 regional competitiveness score for Maricopa County, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

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

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About

Contact Us

About Us

GMS Client Login

Privacy Policy

Other Services

Our Technology

Global Relocation

Group Moves

U.S. & Canadian Relocation

Address

Global Mobility Solutions
15333 N. Pima Road
Scottsdale AZ, 85260

1.800.617.1904
Available 24/7/365

About

Contact Us

About Us

GMS Client Login

Privacy Policy

Address

Global Mobility Solutions
15333 N. Pima Road
Scottsdale AZ, 85260

1.800.617.1904
Available 24/7/365

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