Tag: corporate relocation

Keeping the Human Touch in the Relocation Process

Post author By Christina Urrutia
Post date January 2, 2024

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GMS Keeps Human Contact During the Entire Relocation Process

Accepting a new job in a new state or country can be exciting. But everyone knows that before getting to the new destination and settling into your new home and work scene, there is much work to do to make the move happen. Global Mobility Solutions (GMS) understands that a lot has to happen for you and your family to relocate seamlessly. For over 30 years, our expert team has been assisting in getting new employees from point A to point B.

Our relocation services model can be molded to fit any employee’s needs. From start to finish, GMS assists you with whatever you need help with for a successful move. GMS is a relocation management company that holds a prominent position nationwide and is renowned for its exceptional client service. GMS Coaches must possess many crucial personal qualities and interpersonal abilities to deliver such high-quality service. We also significantly emphasize keeping a human touch in the relocation process. The team at GMS understands, better than anyone, that moving can be tricky, and when you need help, the last thing you want is to pick up the phone only to get stuck pressing buttons while listening to machines.

In a day and age when so many companies are utilizing AI technology and automation systems to answer calls and emails, GMS believes that what sets us apart is that you can speak with a human for any stage of your move when you work with us. While we do use relocation technology to our advantage, we do not make that the only form of communication from our global mobility coaches to transferees.

You won’t have to navigate through a maze of automated options when you reach out to us. Instead, you’ll be greeted by a friendly voice on the other end. Our team of global mobility coaches is here to listen to your concerns, answer your questions, and provide personalized guidance tailored to your specific needs.

Effective communication is the key to a successful move. That’s why we go beyond relying solely on technology. While we utilize advanced relocation tools to streamline certain aspects of the process, we understand that nothing can replace the empathy and understanding that comes from speaking with a natural person.

Our goal is to make your move as smooth and stress-free as possible, and we know that starts with clear and compassionate communication.

So, when you reach out to us, know you’re not just getting a robotic response. You’re getting a team of dedicated professionals who genuinely care about your well-being and are committed to providing the support you need. Let us be your trusted partner in navigating the complexities of relocation, and together, we’ll make your move a success.

Whether you’re in the early stages of planning your move or facing unexpected challenges, our team is here to support you. We will work closely with you to create a customized relocation plan that addresses all your requirements and ensures a seamless transition to your new destination.

At GMS, we value the trust our clients place in us, and we strive to exceed their expectations at every step. So, when you choose to work with us, you can rest assured that you’ll have a dedicated team of professionals by your side, ready to provide the personalized assistance you deserve.

Don’t let the stress of moving weigh you down. Contact GMS today, and let us take care of the logistics while you focus on starting your new chapter with peace of mind.

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Tags corporate relocation, Domestic Relocation Trends, global relocation, Global Relocation Tips, relocation

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Navigating the Exciting Journey of Relocating for Work

Post author By Christina Urrutia
Post date December 5, 2023

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Things to keep in mind when going through the relocation process for your new job

Are you ready to take the leap and relocate for your career? Moving to a new workplace can be an exhilarating adventure, filled with opportunities for personal and professional growth. However, it can also be a daunting task that requires careful planning and execution. We will explore the exciting journey of relocating for work, offering valuable insights and tips to help you navigate this transition smoothly.

Relocating for work can be a thrilling experience, opening doors to new possibilities and fresh beginnings. However, it’s essential to approach this journey with a well-thought-out plan to ensure a seamless transition. Here are some key things to remember as you embark on this exciting adventure.

Remember to be patient with yourself during the adjustment period. Moving for a new job can be overwhelming, and it’s natural to feel a mix of excitement and anxiety. Give yourself time to adapt to the changes, and remember asking for help when needed is okay.

Planning Your Move

Before diving headfirst into packing boxes and booking flights, starting with a well-thought-out plan is essential for a successful relocation process. Here are some critical steps to consider as you embark on this exciting journey.

Research Your New Destination

Begin by thoroughly researching your new location. Familiarize yourself with the local culture, cost of living, and job market. This will help you make informed decisions about your move and ensure a smoother transition.

Secure Housing and Budget Wisely

Finding a suitable place to live is a top priority. Start your search early and consider factors like proximity to your workplace, public transportation, and the neighborhood’s amenities, whether you’re renting or buying.

The journey of relocating for work can be costly, so create a budget that includes moving expenses, housing costs, and any unforeseen expenses that may arise during the transition. Having a financial cushion will alleviate stress and help you settle in comfortably.

Network in Advance

Reach out to colleagues or industry contacts in your new city before your move. Networking can help you establish a support system and gain insights into your new work environment. Attend local professional events or join online forums and social media groups related to your industry in the new location.

Engaging with professionals who are already established in the area can provide valuable information about job opportunities, local business culture, and even hidden gems in your new city. Building these connections in advance will ease your transition and set the stage for potential career growth in your new work environment.

Making the Move

With your plan in place for relocating for work, it’s time to start making the physical move. Here are some practical tips to help you relocate smoothly.

Declutter, Organize and Hire Professional Movers

Take this opportunity to declutter your belongings. Donate or sell items you no longer need to lighten your load and reduce moving costs. Consider hiring professional movers to handle the heavy lifting. They have the expertise to safely pack and transport your belongings, giving you more time to focus on other aspects of your move.

Pack Essentials Separately

Pack a separate bag with essential items like clothing, toiletries, important documents, and any items you’ll need immediately upon arrival. This will save you from digging through boxes during your first days in your new home.

Settling In

Once you’ve arrived at your new destination, it’s time to settle in and embrace your new surroundings. Here’s how to make the most of this exciting phase.

Explore Your New Community and Meet New People

Take the time to explore your new neighborhood and city. Visit local attractions, restaurants, and parks to get a feel for your surroundings. Don’t hesitate to leave your comfort zone and meet new people. Join local clubs, attend networking events, or use social media to connect with others in your industry or community.

Establish a Routine

Settling into a new job and location can be overwhelming. Establishing a daily routine can provide stability and help you adapt more quickly. A well-structured way not only aids in acclimating to your new surroundings but also enhances productivity.

Start by setting aside time for essential activities such as exercise, meal planning, and rest. Allocate time for exploring your new city or engaging in hobbies you enjoy. This balanced approach ensures that your transition is not just about work but also about embracing your new location’s lifestyle opportunities.

Maintaining Work-Life Balance

Balancing your career and personal life is crucial when relocating for work. It can be vital if you are going through work-related stress, mental health issues, or addiction recovery. If this is the case, the effect of stress on your recovery can be triggering and hinder the process. Here are some tips to help you achieve that equilibrium:

Manage your time effectively: Prioritize your tasks and avoid overloading yourself with work. Managing your time effectively will allow you to make the most of your new surroundings while ensuring you have the necessary space to focus on your recovery journey.

Stay connected with loved ones: Relocating might mean leaving loved ones behind. Stay connected with them through regular calls, video chats, and visits to maintain your support system.

Embrace the Journey of Relocating for WorK

Relocating for work can be a transformative experience that opens up new opportunities and horizons. While it may come with its fair share of challenges, careful planning, a positive attitude, and a willingness to adapt can make the journey manageable and truly exciting. So, take the leap, embrace the adventure, and watch your career and personal growth flourish in your new home. Your journey of relocating for work is a chapter waiting to be written, with endless possibilities.

In conclusion, relocating for work is an exciting journey filled with endless possibilities. By conducting thorough research, finding suitable housing, organizing the logistics, building a social network, exploring your new surroundings, and being patient, you can navigate this transition smoothly and make the most of this thrilling adventure.

Global Mobility Solutions has been helping employees get from point A to point B for over 30 years. Our expert team of relocation professionals allows companies to construct comprehensive relocation packages that make the moving process seamless for employers and employees. Contact our team today to set up a free consultation.

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Reports Show Corporate Relocation Numbers Way Up

Post author By Kimberly Chacon
Post date November 7, 2023

Coworkers helping each other getting moving boxes ready — Corporate employee holding file folders and potted plant in hands and looking at colleague with cardboard boxes

reports and studies are showing that corporate relocation numbers and spending are as high as in 2017

Since the COVID-19 pandemic hit the US, many companies are still trying to return to their old numbers and ways. While we are now coming up on three years since the initial pandemic wave, one sector is finally starting to see the light at the end of the tunnel: the relocation industry.

Many employers or employees might need to learn about such an industry. But relocation management companies (RMC) are vital for businesses getting their employees from point A to point B. To sum it up, an RMC is hired by a company to assist employees in handling all the logistics of their move when they accept a job that requires relocation. From real estate needs to helping ship household goods, there are various services that an RMC can provide.

But like most other sectors, the relocation industry was hit hard when companies had to restrict employees moving around the country for the past few years. On top of that, with so many companies choosing a full-time remote setting, the need to move employees wasn’t as high.

The truth is now that numerous companies need talent and are back to be willing to move that new or promoted employee. As more and more companies and sectors shift back to standard quarterly numbers, so does the relocation industry. Many reports show corporate relocation numbers are back up to where they were in 2017.

Where are these employees moving to?

A recent report by Hire a Helper revealed that Florida has become the most attractive state for corporations to move their headquarters. The Sunshine State saw an 86% increase in corporations relocating their HQ, a record-breaking figure since 2017. The report analyzed Securities and Exchange Commission filings and found that 9% of American corporations shifted their HQ in the past fiscal year. This was mainly due to cost-cutting, favorable tax rates, or closer proximity to target markets. While cities like New York and Seattle have seen a decline in corporate headquarters, smaller towns outside metropolitan areas have become new homes for tech and pharma giants.

New data from the SEC shows that nearly 9% of publicly traded corporations in America, or 593 companies, moved their headquarters in the last fiscal year spanning March 2022 to March 2023. This marks the highest relocation rate in seven years, following a dip to below 7% in 2020 due to the pandemic. Comparing year-over-year figures, the number of corporations relocating their headquarters has increased by 29% from 458 in 2021-22. The trend of corporate headquarters relocation has increased, with more companies choosing to move their offices for various reasons. The figures indicate a significant shift in the corporate landscape and business operations.

According to Hire a Helper’s findings, the current increase in companies relocating their headquarters is the most significant in a decade, surpassing even the rebound seen after the pandemic in 2021-22. This year is proving remarkable, with a 25% rise in the number of corporations moving their HQs

Top Destination Cities for those relocating

Regarding favored locations for corporate headquarters, Waltham, MA, I experienced the most significant increase in corporate net growth among cities during the last fiscal year (+175%). Five companies relocated to this relatively small city near Boston, and none left. Waltham, MA, is home to several remarkable new corporate inhabitants, including biotech and pharmaceutical firms Cogent Biosciences and CinCor Pharma.

Burlington, MA, and Spring, TX, ranked second and third in growth, with a surge of 133% and 100%. Burlington has seen a boom in software and biotech firms, while Spring, TX, grabbed headlines when Hewlett-Packard relocated its headquarters. Additionally, three Florida cities made it to the top 10 list, with Jacksonville, FL recording a net gain of 67%, followed by Tampa, FL at 49%, and Miami, FL at 33%. Which U.S. cities are corporations leaving?

Surprisingly, Cambridge, MA, the renowned university town near Boston, has experienced a significant loss of corporate headquarters compared to the number of new ones gained (40%). The city’s thriving biotech and pharmaceutical industry has left little space for previous industry leaders. Seattle (-37.5%) and several cities in the Bay Area of California have also suffered considerable losses in company headquarters during the past fiscal year. New York City (-13.4%) is among the top 12 cities to have lost corporate HQs.

Reasons Companies are looking to relocate headquarters

Hire a Helper’s research indicates that the primary reasons for Americans to relocate are to find better housing or a new job. However, what motivates corporate relocations? One common assumption is that companies move to reduce expenses, which may entail relocating to areas with lower taxes. This could explain why more businesses are moving into Florida and Nevada rather than leaving. The Tax Foundation’s 2023 State Business Tax Climate Index measures how taxing state taxes are for businesses, and Florida and Nevada are among the ten states with the least tax burden. Meanwhile, Texas, which does not have a corporate tax, is in the 12th position.

Corporate relocation can be motivated by the high cost of office space, particularly in cities with expensive business rental costs. This is evident in the net losses of corporate HQs in cities like New York City and San Jose, where office rent levels are among the highest in the country. The pandemic-induced rise of remote work has further compounded the issue of high office space costs. As a result, major cities in America are grappling with high office vacancy rates as companies either continue to operate remotely or adopt a hybrid work model. To address this challenge, these cities require support and innovative solutions.

According to Hire a Helper’s examination of SEC filings from 2022-23, 62% of companies that relocated their headquarters in the past year chose to move to cities with smaller populations, which typically have lower rental costs. This trend is gaining momentum.

GMS Is Ready If You Are

Global Mobility Solutions (GMS) is here to assist you with relocating your headquarters or employees. Since 1987, GMS has been there to help employees get from point A to point B. Our wide range of services and expert relocation specialists allow your company to get the necessary package. GMS will assist your company in putting together a global relocation plan that makes sense for your company and employees, all while staying within a realistic budget. 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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Tags corporate relocation, Domestic Relocation, relocation

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What Are the Benefits of Outsourcing Global Relocation Services?

Post author By Kimberly Chacon
Post date October 10, 2023

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learn why your company should work with a relocation management company for talent mobility

What are the benefits of outsourcing global relocation programs? For companies that have steady moving needs, there are many benefits to outsourcing this strategic function. Most learn they need to gain the knowledge and experience to manage talent mobility with in-house resources effectively. Outsourcing this critical activity provides them access to the industry’s best practices and thought leadership that will help their company’s international relocation program achieve success with virtually all relocation assignments.

There are five distinct benefits clients can gain from outsourcing their global relocation services with a trusted relocation management company (RMC):

Cost Management

For most clients, managing relocation costs is one of the most important reasons driving their choice to outsource relocation. 71% of companies working on relocation in-house need to be made aware of their total internal operating expenses. A lack of knowledge of the actual costs of relocation prevents the company from understanding how to utilize resources efficiently. They also cannot gain the most benefit from their global relocation program. A solution that provides full expense tracking and reporting is one of the top features clients seek as they consider outsourcing their global relocation program so that costs can be fully identified and reviewed for budgetary impact and program performance.

Savings With Outsourcing Global Relocation Programs

Outsourcing global relocation services should allow clients to obtain more significant cost savings. Some RMCs are not independent. As a result, they often do not seek multiple bids for household goods shipments and other services. An independent RMC provides clients with several opportunities to receive and review proposals on services, and this helps keep costs lower than other RMCs that don’t seek competitive bids.

Compliance

Transferees and their families often have questions about tax issues, visa applications, and other reporting requirements related to their global relocation assignment. To avoid putting the client’s company at risk for providing incorrect or insufficient guidance and advice, outsourcing global mobility management can provide expert guidance on unique relocation needs to help transferees find the right solution and help clients avoid any risks related to transferee requests.

Program Enhancements Through Outsourcing Global Relocation Programs

In-house programs only sometimes provide enhancements such as pre-decision tools, candidate assessments, auto lease programs, home purchase programs, and other value-added services. Choosing to outsource relocation services provides access to these services. Transferees and their families highly value these relocation program enhancements. Additional valued services include community tours, language training, outplacement services, school reports, and moving cost estimates.

Focus on Their Core Competencies

Working with an RMC lets human resources, compensation, benefits, and recruiting professionals focus on their core competencies. As a result, they can provide the best service in these business areas. In turn, experts at an RMC give the client’s international relocation program the best service. Choosing an RMC with the knowledge and experience to manage their entire program provides peace of mind and assurance that costs will be managed effectively, relocations will be successful, and transferees and their families will be satisfied with their experiences.

Work with the Best Global Relocation Service Provider

Global Mobility Solutions (GMS) has been helping customers get their employees from point A to point B since 1987. Our wide range of services and expert relocation specialists allow your company to get the necessary package. GMS will assist your company in putting together a global relocation plan that makes sense for your company and employees, all while staying within a realistic budget. If you are ready to discuss more about our offerings, please set up a free consultation with one of our business development managers by filling out this form.

We look forward to working with you!

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Tags corporate relocation, Domestic Relocation, global relocation, Global Relocation Tips

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How to Keep Employee Turnover Low After a Corporate Relocation

Post author By Kimberly Chacon
Post date September 5, 2023

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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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Tags corporate relocation, employee turnover, office relocation

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Integrating Existing and New Teams during Relocation

Post author By Michael Barone
Post date August 15, 2023

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Help Ease Relocated Employees

In the world of business, moving forward often means moving physically too. Shifting to a larger office, expanding across regions, or simply seeking out greener pastures for operational efficiency – relocation is a significant part of a company’s growth journey. However, one of the most critical challenges lies in integrating existing and new teams during relocation. To help you successfully navigate through this period, we’ve consulted experts in workforce mobility and relocation, and here are seven pro tips we’ve gathered.

Following these pro tips can help ease the transition and successfully integrate existing and new teams during relocation. Remember, a smooth and seamless integration is essential for maintaining productivity and fostering a positive work environment.

Early Communication: Clarity Breeds Confidence

Therefore, be transparent about the new location, the potential new team members, and what these changes mean for your current team’s roles and responsibilities. In addition to group communications, consider individual meetings to address personal concerns. Through practical and early communication, you give your team confidence, making integrating existing and new teams during relocation significantly easier.

Fostering a Culture of Inclusion: The Harmonizing Melody

Relocation and team integration present an opportunity to nurture a robust culture of inclusion. Creating a welcoming environment is crucial in this process. Encourage participation from everyone and create spaces for team members to share their thoughts and ideas. Consider organizing activities that promote bonding and team collaboration, such as team-building exercises, group outings, or creative projects.

Also, make it a point to celebrate team successes and achievements, both big and small, fostering a shared sense of pride and ownership. This inclusionary culture facilitates smooth integration, making everyone feel valued and integral to the company’s growth journey.

Empathetic Leadership: The Human Touch

Leaders have a crucial part to play in the process of merging. Demonstrating understanding and compassion towards your team, both old and new, can significantly alleviate the change. Acknowledge that your current team might feel a sense of displacement, not just from relocating to a different place but also from accepting new members.

Similarly, new team members may feel anxious about joining an already-established team. Facilitate open discussions about these feelings and offer supportive resources to help employees manage stress during corporate relocation. This way, you display an empathetic leadership style that fosters a cohesive and harmonious work environment.

Investing in Training: Building Bridges

Training acts as a foundation for collective knowledge and development. Given the introduction of a fresh venue and possibly new colleagues, it is essential to allocate resources to training sessions that acquaint all individuals with the altered environment.

These could be technical training to adapt to new tools, operational processes, or soft skill sessions reinforcing the company’s values and culture. Joint training sessions also allow team bonding as individuals collaborate and learn, strengthening their professional relationships.

Setting Clear Expectations: The Roadmap to Success

During changes, clarity is the beacon that guides teams forward. Clear expectations give direction and purpose, helping team members navigate the unfamiliar terrain of a new location and unit.

Therefore, outline specific performance goals, define new or changed roles, and detail any operational changes the new location may entail. This transparency alleviates potential confusion and ambiguity and provides a sense of stability and certainty.

Encourage Social Interaction: Breaking Ice, Building Bonds

As you pack up your office and prepare for the move, consider how you can transport the spirit of team camaraderie to your new location. Creating opportunities for social interaction in an informal setting effectively fosters strong bonds among team members.

These informal social interactions can build a sense of familiarity and belonging among the team, whether it’s a communal lunch area, a recreation room, or regular team outings. A friendly and relaxed environment eases the transition process for everyone.

Fusing the Old and the New: The Final Note

Relocation can be daunting, but integrating existing and new teams during relocation doesn’t have to be. You’re setting up a successful transition by weaving the threads of clear communication, empathetic leadership, and a culture of inclusion. Remember, a harmonious team that grows together thrives together. And remember to engage your relocation management company early in the process and ensure a smooth experience for everyone involved.

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Tags corporate relocation, Domestic Relocation, global relocation, relocation, Workforce Mobility

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Understanding The Do’s & Don’ts of Credit When Moving Overseas

Post author By Christina Urrutia
Post date July 20, 2023

The young family moves into a new house. They walk through the yard with their hands full, carrying cardboard boxes and go to the front door of the house.

What to know about credit when accepting an international relocation assignment

Moving overseas is an exciting adventure that often comes with various logistical challenges – one crucial aspect to consider when relocating abroad is how your credit will be affected.

Understanding the do’s and don’ts of credit when moving overseas is essential to ensure a smooth transition and financial stability. This blog post will explore the key factors to consider regarding credit during an international move.

The Do's of Credit When Relocating Internationally

1. Notify your creditors and financial institutions

Before leaving your home country, inform your credit card issuers, banks, and loan providers about your upcoming move. This proactive step will help prevent potential issues or losses with your current accounts.

They can offer valuable advice or alternative solutions for managing your finances abroad. They also help you figure out how you can process credit card payments while abroad.

2. Research the local credit system

Countries have different credit systems, and your credit history might transfer slowly. Take the time to understand your new destination’s credit reporting agencies, scoring models, and processes. This knowledge will help you establish credit in your new country effectively.

3. Maintain your existing credit relationships

Try to maintain your current credit relationships, such as credit cards or loans, even when you move abroad. A long credit history can positively impact your credit score and make it easier to access credit in your new country. Consider keeping at least one credit card or account active, using it periodically, and paying off the balance to demonstrate financial responsibility.

4. Establish local credit

Once you arrive at your new location, start building your credit in the local market. Open a bank account, apply for a local credit card, or consider obtaining a secured credit card if you cannot qualify for unsecured credit initially. Timely payments and responsible credit usage will help you establish a solid credit history in your new country.

Click here to find more about which countries use credit reporting.

The Don'ts of Credit When Moving Overseas

1. Close all your existing accounts

Closing all your accounts in your home country can negatively impact your credit history and credit utilization ratio. Instead, consider keeping some accounts open to maintain a connection to your home country’s credit system. This can be especially helpful if you plan to return in the future.

2. Rely solely on cash

While it may be tempting to rely solely on cash transactions when you move overseas, having a mix of payment methods is crucial. Responsible credit card usage can help you establish a local credit history, gain rewards, and provide additional security and protection for your purchases.

3. Ignore currency exchange rates

When using credit cards overseas, be mindful of currency exchange rates and potential foreign transaction fees. Some credit cards offer favorable exchange rates or waive foreign transaction fees, making them more suitable for international use. Research and choose the best credit card options for your specific needs.

4. Overextend your credit

Moving to a new country can bring unexpected expenses and financial challenges. Avoid overextending your credit and accumulating excessive debt. Create a budget, track your spending, and ensure that you understand your financial obligations and capabilities in your new environment.

Final Thoughts from GMS

Moving overseas is an exciting opportunity, and managing your credit effectively is crucial for a successful transition. By following the do’s and don’ts of credit when moving overseas, such as notifying your creditors, understanding the local credit system, and responsibly managing your credit, you can establish a solid financial foundation and ensure a smooth integration into your new life abroad.

For more information about international relocation services, set up a free consultation with one of our business development managers. Global Mobility Solutions (GMS) is the industry leader in providing companies with global mobility programs.

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Tags corporate relocation, relocation

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Managing Employee Stress During Corporate Relocation

Post author By Kimberly Chacon
Post date July 11, 2023

Couple sit on sofa pack their personal belongings, sealing cardboard boxes with adhesive tape preparing for relocation from rented house to new own home. Bank loan for young family, tenancy concept

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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Tags corporate mobility, corporate relocation, Corporate Relocation Services

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Engage Your Relocation Management Company Early in the Relocation Process

Post author By Kimberly Chacon
Post date June 20, 2023

group of employees smiling while in meeting — Group of business persons in business meeting. Group of entrepreneurs on meeting in board room. Corporate business team on meeting in the office.

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:

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.
Insert language into offer letters describing the RMC and the programs specific to the transferee or new hire.
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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Tags corporate relocation, Domestic Relocation, global relocation, Global Relocation Tips, relocation best practices, Relocation Implementation, relocation management

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How To Craft An Effective Relocation Orientation Program For Employees

Post author By Christina Urrutia
Post date June 13, 2023

Team of new employees going through relocation orientation — Planning, communication and strategy meeting with business people for management, innovation and advertising. Support, marketing and teamwork with employees in office for goals, vision or analytics

Here are some tips to help ease in newly relocated employees

When hiring new employees, it’s important to provide in-depth orientation programs for new hires so they can be onboarded efficiently. This is also important to consider when team members are relocated to a different site, especially if this involves a significant upheaval in their living circumstances.

To that end, here are some tips to follow to build a relocation-focused orientation program that works.

Aligning the Program with Company Culture and Values

One of the essential aspects of crafting an effective relocation orientation program is ensuring that it aligns seamlessly with your organization’s core values and distinctive company culture. This helps relocated employees quickly understand what defines their new work environment, facilitating a smooth transition into their roles.

To achieve this alignment, feature stories that showcase company traditions or events that exemplify your business ethos in written materials and multimedia presentations throughout the orientation process. Encourage participation from existing employees to share anecdotes about memorable experiences at work reflecting vital cultural elements, such as teamwork, innovation, or community engagement.

Moreover, provide clear guidelines on expected workplace behaviors while highlighting how they stem from foundational beliefs driving overall company objectives. Incorporating these cultural insights into every aspect of your relocation orientation program promotes faster integration and fosters more substantial commitment and loyalty among newcomers.

Leveraging Orientation Videos for Engaging Transitions

A well-produced and engaging orientation video is crucial to kickstart your employee relocation program. To create an impactful video, start by outlining the essential information that newly relocated employees need, such as company policies, support resources, documentation assistance, and brief introductions to coworkers or teams they will be working with.

To make the experience more enjoyable for employees while conveying important messages effectively, incorporate high-quality visuals and animations that capture their attention.

Additionally, consider adding soothing background music to establish a relaxed atmosphere during this potentially overwhelming time in their lives. Some sources allow you to download royalty-free tunes perfectly suited for setting the desired ambiance within your orientation materials.

By combining valuable content with visually appealing presentations accompanied by pleasing sounds, you’ll lay a solid groundwork to set newcomers at ease, ultimately contributing to successful talent integration.

Facilitating Smooth Integration: Socializing & Networking Activities

While providing essential relocation information and resources is crucial, addressing the human aspect of moving also plays a vital role in successful employee transitions. Arranging socializing and networking events within your program can significantly aid newcomers’ ease into their new surroundings while making valuable personal and professional connections with colleagues.

Organize informal gatherings like team lunches or after-work outings to help break the ice between relocated employees and their co-workers. Such activities create opportunities for authentic interactions away from workplace pressures. Consider holding optional workshops focusing on common hobbies or sports so that employees bond over shared interests, which is an approach that naturally fosters camaraderie.

Additionally, arrange sessions where newcomers interact with representatives from different departments or divisions, illustrating cross-functional teamwork’s importance in achieving company objectives. By offering varied opportunities for interpersonal connection within the relocation orientation program, you’ll effectively pave the way toward mutual understanding among peers, thus establishing an inclusive environment primed for sustained collaboration and success.

Providing Comprehensive Information on Local Living Essentials

An effective relocation orientation program thoroughly addresses newcomers’ basic needs and concerns, helping them navigate the essentials of day-to-day life in their new location. Providing a guide, either in physical or digital form, can significantly relieve stress by offering ample resources for employees to settle into their new surroundings more comfortably.

Some essential contents to include within this guide may be:

Housing options: Advice on local neighborhoods that cater to different lifestyles and budgets and opportunities for temporary housing as needed.
Transportation: Information about public transport networks, parking facilities, or green commuting initiatives (if applicable).
Healthcare services: Details regarding nearby medical centers, hospitals, or pharmacies.
Childcare and schooling options: Insight on finding suitable schools, daycare centers, or student-support programs.
Grocery stores & dining spots: Recommendations for sourcing daily provisions from supermarkets and favorite restaurants within various budgets.

Setting Up Continuous Feedback Channels to Improve Relocation Experiences

To continually refine and enhance your relocation orientation program, establish open lines of communication for soliciting feedback from employees who have experienced the process firsthand.

Encourage honest responses via anonymous surveys or designated human resource personnel. Also, assess received feedback periodically to identify improvement areas, adjusting as needed within subsequent rollouts.

Ask Us for More Advice on Relocation Services

Now that you know what’s involved, you can start crafting your effective relocation orientation program today. Incorporating these eight essential elements ease employees’ transitions and creates a thriving and inclusive work environment. Enhancing the employee experience by developing a comprehensive support system that paves the way for success will pay dividends for individuals and the business.

If you need more information about employee relocation, contact us today. Global Mobility Solutions (GMS) has led the talent mobility industry since 1987; we utilize up-to-date relocation technology and an award-winning team of global mobility experts.

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Tags corporate relocation, Domestic Relocation Trends, relocation, workforce mobility management