Tag: Corporate Relocation Services

What Is Corporate Housing?

Post author By Jules Matz | AHWD, ABR, CNE, CRP, GRI
Post date March 26, 2024

Nice looking apartment complex — Europe modern complex of residential buildings. And outdoor facilities.

A Deeper Look at Short-Term Corporate Housing Benefits

For quick 1-3 night work trips, many companies will offer employees hotel accommodations. Simple and typically supported by business-friendly amenities, hotels are great for meetings that require traveling. But what about work assignments that last weeks or months? What about employees accepting relocation offers to a new city or state? Are there options that the company can provide them?

Corporate Housing options are intended for employees on extended trips or for employees who are relocating alone or with their families. Additionally, extended corporate housing benefits are being used to help employees between homes due to the robust housing market in 2024.

Corporate housing, also known as short-term housing, is a temporary living accommodations network provided by the employee’s company that offers houses, condos, or apartments for the duration of the employee’s assignment or final move. Leases on these properties are typically contracted for 30, 60, or 90 days.

Typically, corporate housing offers fully equipped apartments with a fully stocked kitchen, a complete bathroom, and standard appliances. In more unusual cases, single-family houses may be provided for relocation purposes. Alternative terms for corporate housing encompass short-term accommodation, business housing, executive flats, serviced apartments, and temporary lodging.

Corporate Housing vs Rental Properties

The primary difference between short-term corporate housing options and typical rental homes or apartments is that corporate housing is provided to employees as a part of their relocation or assignment benefits package. Common rental properties are typically not covered as part of the company policy.

For companies with a large volume of employees consistently relocating to the exact location for longer than 30 days, working with a relocation services management company (RMC) could be beneficial. An RMC can broker contracts with a landlord or apartment complex to maintain a predictable long-term rate and consistent availability. This can be more advantageous as the company can cycle relocating or traveling employees through the properties as they move or report for assignments.

Who Uses Corporate Housing Options?

Companies with employees whose work assignments last 30 or more days typically take advantage of corporate housing. A primary reason is comfortability, as corporate housing creates a more at-home feeling to help keep employees focused. However, with the current real estate trends, more companies are shifting towards offering short-term housing options for relocating employees who need extra time to sell or purchase a suitable home.

The perks of corporate housing also offer various benefits to employees who are being transferred. To begin with, these advantages are often part of their employer’s relocation policy, meaning that the company pays for them. This helps alleviate the financial pressure on the employee. Furthermore, staying in temporary accommodation enables the relocating individuals to concentrate on familiarizing themselves with their new city and its environs before they endeavor to buy their own property. Lastly, corporate housing facilitates a transitional period for the relocating employees and their families, allowing them to adjust to the changes that come with moving.

For example, an employee who has to report on a specific start date can do so while staying in corporate housing. As the employee works at their new destination, the family can finish the school year, prepare their property for sale, or oversee the shipment of their household goods before rejoining the spouse/partner. This transitionary period is critical in ensuring the relocation is as stress-free as possible for everyone it impacts.

Furthermore, a transferee’s residence often sells rapidly in a thriving real estate market, leaving the employee with scarce options and a fiercely competitive market at their intended location. This can pose challenges for the buyer in swiftly acquiring a new home, prompting the family to seek temporary accommodations to bridge the gap. In the present real estate landscape, providing temporary housing perks and extensions in such circumstances is increasingly customary.

Industries & Job Types That Commonly Utilize Corporate Housing

While temporary housing is used by a broad range of organizations with relocation programs, the following are more common examples of industries and job types that utilize these benefits:

Healthcare – traveling nurses, doctors, and specialists
Energy – oil and gas company employees
Military – those on temporary duty assignment (TDY) or performing a permanent change of station (PCS)
Finance and banking – commonly auditors on assignment
Technology – IT professionals on projects
Retail – Trainees and managers supporting store expansions
Entertainment – stage crew and performers

Primary Benefits of Corporate Housing

As discussed, corporate housing offers both the company and the employee a solution regarding price and ease of transition. Additionally, the company has multiple employees coming and going from a specific city. In that case, it provides peace of mind knowing that they will have living accommodations available for their employees who are relocating or are on assignment.

Risk mitigation is an additional benefit of corporate housing. Companies who contract with corporate housing facilities know the property is safe and secure and provide priority coverage for the employee if something goes wrong.

For example, if an employee finds that an appliance is not working, that the plumbing has issues, or that there is an electrical problem, the property management team is there to handle it. Conversely, suppose employees are left on their own to rent temporary accommodations. In that case, they and the company are exposed to unnecessary risk, as there are no guarantees that the problem can be fixed promptly.

How to Learn More About Short-Term Housing for Employees

Corporate housing options can benefit all parties involved when it comes to relocating a job assignment, for both the company and the transferring employee. However, it is important to note that temporary housing benefits should be specified in the company’s relocation policies. Working with a full-service global mobility solutions team, like GMS, can help assure your corporate housing policies are clear and concise. Additionally, GMS offers relocation coaching to relocating employees to guide them on their journey and maximize their relocation benefits. Contact us today with any questions about corporate housing solutions or relocation needs.

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Tags corporate housing, Corporate Relocation Services, short term housing

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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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How Relocation Management Software Can Help Streamline Your Company’s Move

Post author By Sam Hoey | CRP, GMS
Post date January 10, 2023

Young couple moving in new house. They are happy and using laptop. — Young couple moving in new house. They are happy and using laptop to buy stuff they need.

Learn the advantages of using relocation technology

The use of relocation software is becoming more crucial in the context of company mobility. This is because efficiency is paramount if you wish to relocate without causing undue disruption to your operations. That being said, Relocation Management Software can streamline the moving process for workers across town or the country. Moreover, with the right solution, you can reduce the time and money spent on moving while being more efficient. Furthermore, relocation management software can help you find the best movers and estimate the costs associated with your relocation. Therefore, if you need help with relocation, here is how relocation management software can help streamline your company’s move.

What Is Relocation Management Software?

Relocation management refers to the technology that supports and streamlines a company’s moving process. This can involve everything from keeping track of the employees moving to a new location to automating paperwork related to the move. This technology is most useful for companies that regularly relocate employees or offices. Additionally, it is also helpful for companies that provide support for workers who relocate temporarily. There are many features that a relocation management system can offer to help you improve the efficiency of your next move.

It Will Help You Track Your Staff in Real-time

Relocation management software can keep tabs on your staff in real-time, a considerable time saver during corporate relocation. This is hugely beneficial because if your company is moving personnel internationally, you can keep track of their whereabouts and other vital data while they travel. For instance, you will be able to keep an eye on the status of both the employee and their family members during the move.

It Makes Reporting a Lot Easier

The software facilitates personnel data monitoring and assists with reporting and analysis. As was previously noted, keeping tabs on your staff may improve your company’s ability to predict and prepare for the future during your company’s move. You will be able to observe how well your efforts to relocate are at all times. If something goes wrong or you notice that you are more efficient with your move, you can hire more help. In fact, according to moving experts, having numerous quotes for moving providers as a backup is always a good idea.

It Will Help You Manage Your Whole Move More Effectively

Relocation management software may aid in administrating any relocation project and the organization. Keeping track of employees from various divisions will be challenging if you relocate your whole company on short notice. However, relocation software helps you keep tabs on office space requirements. It may also be helpful if you need to relocate workers from many different locations since it simplifies process management to guarantee a seamless move. With this system in place, tracking what you need to do during an employee’s relocation is much easier. If you do this, your staff members are less likely to refuse to leave or quit altogether due to the struggles of the relocation.

A Few Additional Benefits of Relocation Management Software

The advantages of using move management software become apparent as early as the planning phases of relocation. An overview of the benefits that companies may anticipate from basing their corporate relocation plans on advanced move management software is as follows:

Unified focus. The software replaces paper papers and online folders with a single location for all relocation-related information. Everyone helping to plan the relocation shares information via a central hub. As the need for a united emphasis on important goals grows, centralization of relocation data becomes essential.
Timeline-specific planning. With the help of relocation management software, you can organize various moving elements into a logical sequence. Organizing the transfer into manageable segments and planning for the following steps ahead of time makes for a more streamlined transition.
Checklists and prerequisites. Using an index is one of the simplest and most efficient ways to keep yourself on track. Before, during, and after relocation, you should be using a list. Integrating checklists into relocation software helps teams stay on task and provides transparency into what has been completed, what remains, and who is accountable for what.

Digital integrations. Ensure that everyone in the company is aware of the new office layout by synchronizing corporate directories. Use facility support tickets to ensure the maintenance crew immediately addresses loose ends. Bring state-of-the-art Internet-of-Things (IoT) sensors to keep track of operations in old and new buildings. Effective relocation relies on careful planning and careful execution.

GMS Leads the Industry in Relocation Technology

Now that we’ve gone over all the advantages of relocation management software that can help streamline your company’s move, you shouldn’t have trouble deciding whether you need to use it. All these advantages add up to one thing: a relocation that goes off without a hitch, with no hiccups caused by mistakes or other mishaps. The less complicated the process of getting from point A to point B, the less impact it will have on daily business. Therefore, if you are not using it, you should start now.

Global Mobility Solutions (GMS) takes pride in leading the relocation industry regarding customer-facing technology. A few years back, we created MyRelocation, a cloud-based tool for our clients to track and manage their relocation process from start to finish. Please schedule a free consultation today if you are ready to contact one of our global mobility experts to discuss your relocation needs.

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The Most Googled Questions About Relocation Services

Post author By Kimberly Chacon
Post date February 1, 2022

woman doing research on moving — A beautiful young woman planning an overseas trip on the internet

Answering common questions about relocation packages and the global mobility process

Companies that are just starting to research information about relocation services may need to get some of their basic questions answered. Global Mobility Solutions (GMS) has been a leading relocation company for over 34 years. Our team members are all highly qualified for their positions and are experts in their specialty regarding relocation services. As there are a lot of moving parts when it comes to relocating employees, our team put this guide together in hopes of providing some answers to the most Googled questions. Most of these questions are commonly asked when companies with in-house programs (or no program) are considering outsourcing their mobility programs to an experienced relocation management company.

Here are those Q & A’s:

What Are Relocation Services?

Also known as talent mobility or global mobility, corporate relocation services are benefits provided by an employer or agency to an employee who has to move for a new position or promotion. In simple terms, relocation services are “moving perks.” When the employee accepts the position, they are provided with some different options to help them get to their destination smoothly in time for their start date. Depending on what type of benefits are offered, relocation services usually can be applied to individuals and families alike. International relocation and domestic relocation services are slightly different, but the idea remains the same.

In most instances, the hiring company will have already signed on with a relocation management company (RMC) to construct and deliver comprehensive relocation packages in order to ensure their talent acquisition program is as competitive as possible.

What’s Included with Relocation Services?

Relocation packages offered to employees should be tailored to fit the company’s objectives, along with employees’ wants and needs. Relocation services can vary in what is offered to, and utilized by, the employee. Common benefits range from assistance in selling a home to temporary housing assistance, school/area tours, and more.

Often, the most common theme among talent mobility perks is financial help with moving costs and shipping of household goods. Sometimes, the company will even offer to cover the cost of hiring moving services completely. Other companies may offer reimbursement options for relocation costs, meaning the employee foots the bills upfront to get to their new destination and the company repays them usually via check or EFT payment.

Side note: GMS recommends that companies offer employees relocation packages instead of reimbursement options. At GMS, we assign each moving employee a dedicated single point of coordination (a U.S. Domestic Relocation Coach or a Global Assignment Manager). This certified GMS team member is highly experienced in their field and will provide guidance to your employee every step of the way during the relocation process.

How Much Can You Expect to Spend on Relocation Services?

That’s an excellent question. From the hiring company’s standpoint, paying to provide relocation services will depend on a number of variables. How many employees need to be relocated? Are these employees individuals or moving a family with them? Is the company willing to cover the costs of the entire move or just partial support? Are real estate perks offered in the package?

Going back to the idea that relocation benefits should be tailored to fit the company’s objectives and employees’ needs, it’s hard to put a price range on just how much relocation services cost. Relocation costs are typically worth it in the long run because it increases the chances of getting the right candidate in the right seat for the vacant position. These employees arrive stress-free and ready to work, and are shown to stick around longer. Without global mobility benefits, your company runs the risk of having to hire and train multiple people over because only local talent is applying for the job.

What’s the Average Timeline for Relocating?

When helping companies create their relocation benefits, GMS usually recommends that there be a designated timeframe in which the policies can be utilized. This timeline will vary from company to company, or position to position. In many cases, a 90-day window for employees to start their relocation process does the trick. Employers need to keep in mind that these new-hire employees may have families, and trying to move a family with children is something that cannot always be done within a few weeks. Additional factors should be taken into account as well, such as the time it takes to sell the employees home, or the availability of transportation services for their household goods.

In extreme cases, the company might give the employee a start date within a month of the offer. But the downfall with this approach might be the employee may decline the offer, or the company’s relocation costs will increase if services are needed ASAP and not planned out.

What if an Employee Doesn’t Use/Need Every Relocation Benefit Offered?

GMS prides itself in our proactive relocation coaching. By having a Relocation Coach or Global Assignment Manager assigned to each employee, GMS helps to ensure the relocator is using the right mix of benefits for their unique situations. This can help them to get the most out of their available and applicable benefits, whether it be helping with moving costs, spousal support, or language training. GMS’ relocation experts help to pinpoint why employees may or may not utilize certain benefits to make sure the employee is getting the support they need without contributing to inflated mobility program costs due to the use of unnecessary services.

What Is Corporate Housing?

When thinking about accepting a job out of state, one of the most sought-after relocation benefits is corporate housing. Also known as short-term housing, this benefit is recommended for employers to provide as it might seal the deal for the new hire to sign on.

Corporate housing is usually a 30, 60, or 90-day stay in a furnished apartment or townhome that is covered by the employer. The reason this is such a draw for relocating employees is because it gives the employee and their family a transitional period to get their feet wet and learn a little bit about the lifestyle of their new destination. This period of time is also valuable as it provides the employee a place to live during the period of time it takes for them to secure a new place to live and await the delivery of their household goods. It also can be used for a situation where the employee has to go ahead of their family for the job, while their family finishes up any loose ends before the relocation completely takes place such as kids finishing the school semester.

How Often Should We Review Relocation Benefits?

GMS urges companies who are offering relocation packages to look into reviewing or updating those benefits every 12 to 18 months. The reason being, industries become more competitive and employee needs can evolve. If a competing company in your industry is offering more money or benefits to new hires, it could make it harder for your company to attract the top talent you need.

GMS Is Here to Answer All of Your Relocation Questions

When it comes to your talent mobility strategy, there are thousands of questions about where to begin or how to improve. The relocation experts at GMS have been helping companies move their employees for over three decades. If you have any questions about creating, reviewing, or improving your mobility program or relocation services, please reach out today. Our team can answer any questions you may have while offering insight into alternatives and enhancements to already existing relocation packages.

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Reaffirming the Importance of the Human Connection for Corporate Relocation Companies

Post author By Sam Hoey | CRP, GMS
Post date May 11, 2021

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2020 has proven how important the human connection is for relocation companies, and we see clients recognizing this fact for 2021. Certain processes can easily leverage technology to increase efficiencies and performance. However, research indicates it is impossible for computers with artificial intelligence to replicate jobs that rely on humanistic and social skills. The role of the relocation coach far outweighs the technology that supports it.

Global Mobility Solutions (GMS) is a nationally ranked Relocation Management Company and a leader in the relocation industry that excels in providing superior service to clients. This level of service requires GMS Coaches to have significant measures of important human attributes and social skills including:

Adaptability
Coaching
Communication
Creativity
Critical Thinking
Complex Problem Solving

Curiosity
Emotional Intelligence
Empathy
Insight
Listening
Resilience

Clients recognize the importance of the entire relocation experience as an extremely important touchpoint for their talent acquisition programs. If they leave such an important experience to the vagaries of computer programs, employees and new hires are likely to feel less valuable to the client. Talent acquisition programs help clients ensure a greater likelihood of good hires, which in turn helps lower costs and saves time. A robust relocation management program fully supports client investments in sourcing and onboarding talent and helps ensure successful relocations.

Relocation Coaches and Their Impact

Our clients appreciate the service our Relocation Coaches provide to their employees, and their employees are grateful for the high-touch service that GMS provides. Here are several comments we have received over the past year that reaffirm the importance of the human connection in relocation services:

“I felt as though Tricia made this process very simple. She even walked through how to do expenses with me step by step. I never felt as though I was bothering her when I called which I prefer to do instead of email and that was never a problem for her. I also felt she was very informed on all aspects of the move. She let me know countless times to call whenever I needed anything, which I did. In closing, she also had such a great attitude and was 100% approachable. I am big on customer service and Tricia definitely provided the best.”

“Jennifer has been fantastic from beginning to end. I give her the highest marks possible. There’s no way to make relocation fun, but she made it as painless as I can possibly imagine.”

“Ana, through her incredible support, listening capacity and anticipation of my needs, always promptly resolved my doubts, additional unplanned requirements due to this pandemic by COVID. Definitely, Global Mobility Services is a company with the know-how, structure, personnel, and suppliers that provide excellent service for corporate mobility needs.”

“Carroll was the best part of my relocation process. She is professional, responsive, knowledgeable and most importantly sweet and so supportive. I moved during COVID after having lived in the same place my entire life so you can imagine this was traumatic and challenging. Carroll kept me on track and guided me the whole way with kindness humor and diligent follow-up. She called me just to check in and see how I was doing. She is a gem and you should know what a true professional and wonderful person she is- if I ever need to move again I will check with her first. I cannot sing her praises enough! My experience was great.”

“Jen was a big help through this whole process. Being relocated is a stressful event. Being relocated during a global pandemic is even more stressful. She was a big help to find what we needed to help move.”

“Dear Jennifer, I want to extend my utmost gratitude for the care, professionalism, and passion you demonstrated during every step of my move. Your timely attention to detail, your communication, and your attitude toward your vocation as Relocation Coach made me feel that you were right there beside me from the beginning and onward. As a Hospital Chaplain, I work alongside hundreds of diverse staff and I can easily identify those who bring excellence, integrity, and compassion to their work, I am confident you are one of those people. Thank you again for you making my move easy.”

“Moving can be very stressful and even more so after coming out of a tornado a month ago and trying to relocate during a pandemic. Kim was always calm, reassuring, and timely in her responses. I am in the hospitality industry and have to treat guests this way all the time. It was certainly nice to be treated this way myself! It made the chaos of the move so much easier from a mental standpoint! THANK YOU!”

The Human Connection Makes the Difference

As you can see, a high-touch customer service approach has a dramatic impact on the lives of relocating employees and their families. The direct support that corporate relocation companies provide to relocating employees has a direct impact on the family’s ability to cope with the stress of their move and improves the readiness of an employee to focus on their position when they arrive at their destination. Through GMS’ high-touch customer service process, relocations are measurably more successful with our clients experiencing a reduction in the number of costly failed relocations. By working with a proven and effective company like Global Mobility Solutions, you can rest assured you’ve chosen a company that treats your employees with compassion and the dedicated attention they deserve.

What's Trending in Workforce Mobility for 2021?

This article is an excerpt from our 2021 Workforce Mobility Forecast. Download a complete copy today, or watch a recording of our latest Thought Leadership Series webinar on the trends that are shaping the industry.

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About GMS

GMS’ team of global relocation experts has helped thousands of organizations understand how to develop relocation programs that provide the best possible experience for new hires, transferees, and their family members. Our team wants to help your company understand how to review your relocation program and share how the GMS approach delivers consistent, high-quality relocation experiences on time and on budget.

Contact our experts online to learn more about the GMS difference, or give us a call at 800.617.1904 or 480.922.0700 today.

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2020 Phoenix Relocation: Where are the Companies Coming From?

Post author By Sam Hoey | CRP, GMS
Post date November 17, 2020

Corporate relocation companies in Phoenix, AZ

The Greater Phoenix Economic Council reports that many companies are considering a 2020 Phoenix relocation or expansion. In their October 2020 Prospect Overview, a number of significant data trends are clearly visible. Looking at the data relating to the prospects’ region of origin, we can see the following:

California	25	28%
New York	6	7%
North Carolina	4	4%
Colorado	3	3%
Texas	3	3%
Florida	2	2%
Illinois	2	2%
Washington	2	2%
Georgia	1	1%
Maryland	1	1%
Nevada	1	1%
New Jersey	1	1%
Ohio	1	1%
Pennsylvania	1	1%
Tennessee	1	1%
Virginia	1	1%
Unknown	14	16%
International	20	22%
GRAND TOTAL	89	100%

One clear data trend is that there are a significant number of companies from the next-door state of California that are considering relocating to Phoenix. The number of companies coming from California is more than four times the number of companies coming from New York. There are usually a number of reasons that a company may desire to initiate a 2020 Phoenix relocation. However, there are some factors specific to California that may be influencing company’s decisions to accelerate their relocation.

What are the Major Factors Driving California Companies to a 2020 Phoenix Relocation?

In looking at the major factors that are driving companies to leave California, three of the most significant factors are:

Cost of Living
Taxes
Business Regulations

Reviewing these major factors in California versus Arizona may show why many companies have a 2020 Phoenix relocation on their agenda.

Factor 1: Cost of Living

On average, the cost of living in Los Angeles versus Phoenix is 67% more expensive. This is a significant different between these two major cities. Nearly every category by comparison costs higher in Los Angeles. Housing costs are 188% more in Los Angeles than in Phoenix. Transportation costs are also significantly higher in Los Angeles, over 40% higher than in Phoenix. From a cost of living standpoint, both employers and employees can benefit with a 2020 Phoenix relocation.

Factor 2: Taxes Drive Many Companies to Plan for a 2020 Phoenix Relocation

Comparing the tax situation in California versus Arizona shows taxes are much higher in California. A comparison of the differences shows the following:

	California	Arizona
Average State Income Tax Rate	9.3%	4.54%
State Sales Tax	7.25%	6.60%
Property Tax Per Capita	$1,449	$1,043

The top state income tax rate in California is an astonishing 13.3%, currently the highest in the nation.

24/7 Wall Street reports that of the states with the highest and lowest taxes, California ranks near the top at #14 on the list for highest taxes, while Arizona ranks near the bottom at #46.

The Tax Foundation noted in a previous study that the five highest state-local tax states (the combined effect of all state and local taxes) were:

New York 12.7%
Connecticut 12.6%
New Jersey 12.2%
Illinois 11.0%
California and Wisconsin 11.0% (tie)

Certainly taxes are a major factor for any company considering a relocation. The significantly different tax rates between California and Arizona provide a strong incentive for a 2020 Phoenix relocation.

Factor 3: Business Regulations

Business regulations can cover a variety of issues, from the necessary permits required to construct office buildings to the number of parking spaces required in a shopping center. It could also include topics such as how workers are classified. For example, California recently passed the AB5 Law requiring many companies to classify “gig” workers as statutory employees, not independent contractors.

Recently Uber and Lyft were successful in their efforts to stop AB5 from impacting their businesses. However, some other businesses impacted by AB5 are not covered in this initiative. Also, there is the specter of continued and increasing regulations relating to how companies actually conduct their business. Locations, employees, products and more are all impacted by California’s extensive regulatory environment.

By comparison, Arizona has been successful in creating a welcoming business climate. The state’s economy continues to grow along with the national economy, and consistently exceeds 2% over time. This stable growth rate is appealing to many businesses. It is also very easy and inexpensive to establish a business in Arizona. The Arizona Commerce Authority notes several ways that the state has reduced regulations:

Streamlining Tax Collections
Eliminating the Need for Multiple (State & Local) Tax Licenses, Returns, and Audits
Reducing Red Tape and Paperwork
Right-to-Work State Ensuring Labor Peace and Business Stability

What Does This Mean for Companies Looking at a 2020 Phoenix Relocation?

As can be seen by the data from the Greater Phoenix Economic Council, the benefits of relocating from California to Arizona are driving many companies to consider a 2020 Phoenix relocation. Employers in California should look at the three major factors of cost of living, taxes, and business regulations to determine if their company, employees, and customers might benefit in multiple ways with a relocation to Phoenix.

Companies should work with a Relocation Management Company (RMC) that has direct experience with state-to-state relocations. RMCs will have knowledge and experience to help companies determine the best plan for a 2020 Phoenix relocation.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients understand how to approach a corporate relocation from one state to another state. Our team can help your company determine if a 2020 Phoenix relocation should be part of your future plans.

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

Contact our experts online to learn if your company should consider a 2020 Phoenix relocation as part of your corporate plans, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

Tags 2020 Phoenix Relocation, Arizona, California, California AB5 Law, California Solar Panel Mandate, corporate relocation, Corporate Relocation Factors, Corporate Relocation Services, Fastest Growing Cities, Maricopa County

Corporate Relocation Domestic Relocation Global Relocation

Virtual Destination Services: Ideal Solutions for our Virtual World

Post author By Sam Hoey | CRP, GMS
Post date September 22, 2020

Smiling mixed race woman working in bright office, using laptop and headset, portrait.

Virtual destination services provide transferees with the tools and resources they need to navigate their relocation from a distance. Many GMS clients have transferees who benefit from using convenient formats and technology. In today’s virtual world many processes are changing to ensure health and safety during the COVID-19 pandemic. As a result, transferees have access to new tools and resources to assure a successful relocation.

GMS spoke with Ann Hinch, International Destination Service Manager at GO Destination Services, who agreed to share her knowledge and expertise on this topic.

Three Convenient Formats for Virtual Destination Services

For services such as searching for schools, finding homes, and getting to know the new location, there are three convenient formats:

Real-Time Community Video

Live video lets transferees review specific areas, discuss their interests, and share their preferences. The local destination contact provides direct communication on specific points and can answer questions that may arise.

Webinar Presentation and Consultation

Transferees access a 1-on-1 presentation through a web-based platform. They also receive consultation for their destination needs.

Custom Pre-Recorded Video

A personalized video is recorded and shared with transferees. They are then free to review the recording at a time that is convenient to their schedule.

Ann notes these virtual destination services are a terrific option for transferees and their family members. The services provide benefits such as:

Providing direct support when needed
Keeping assignments on track for success
Recruiting and retaining key employees
Assisting and supporting family members
Developing and growing relationships

Example #1: Home Finding

More people are buying homes sight-unseen due to several factors including the pandemic, the speed of business, and preference. Transferees using virtual destination services to find a home receive a number of helpful resources, including:

Initial consultation/needs assessment to allow for service personalization
Research conducted using transferee’s timeline, preferences, and budgetary requirements
Appointment-setting services to provide a virtual review
Virtual review of lease
Move-in inspection using virtual services
Personalized 1-on-1 consultation for questions and answers

Finding Homes

GO Destination Services has helped many clients find homes utilizing resources such as real-time video, webinar presentations, and consultations. One example is a recent transferee who was relocating from Canada to the U.S. West Coast for her job. Pre-pandemic, she would have flown to her destination city for a pre-move tour and to view available properties a month or more before the date of her move. However, that was complicated by the fact Canada is imposing a mandatory 14-day quarantine for anyone arriving from outside national borders, including residents returning from the U.S. – this would have created a delay for her local preparations toward her final move.

Video Conference

To solve this, one of GO’s area consultants in her destination city put together a virtual presentation that included an area tour and orientation, as well as video and information about potential homes she had selected ahead of time, and went over these with her during a real-time video conference. She was able to ask questions, discuss the properties with the consultant, and ultimately chose her new home – all without leaving the country. GO then assisted with the lease review and signing, inspection, and arranging landlord repairs before she arrived, lessening the stress of her move-in date.

Ann notes the recommended service length for home-finding is eight hours.

Example #2: School Search and Consultation

Families moving with children often have specific needs for their home, location, and schools. Transferees using virtual destination services to find a school participates in a virtual search, support, and coaching sessions on school choices. These services include:

Initial consultation/needs assessment for service personalization
1-on-1 personal consultation
Appointment-setting services
Extensive and thorough question-and-answer sessions through phone and video

GO Destination Services recommends transferees participate in a webinar presentation and consultation for this service. Ann notes the recommended service length for school search is also eight hours.

Additional Virtual Destination Services

Ann notes that several destination services can be provided virtually. These include tours and orientation, departure services and support, and area consultations. All of these services provide transferees with 1-on-1 consultation and support to ensure their peace of mind.

Area Tours

Some of GO’s clients use virtual services for area tours for potential new hires at the interview stage. Candidates who are doing video interviews with clients and cannot travel to the destination city are connected to GO. Then they are afforded the opportunity to talk with a local area consultant. The consultant inquires about their preferences and other items of importance when considering a new job and relocation. Using that information, the consultant and GO prepare a web-based platform presentation highlighting local attractions, services, and even rentals – using such tools as video, mapping features to virtually “move around” the city, and, of course, opportunity for question-and-answer time.

Settling-In Services

Other virtual services include assistance with settling-in steps. When the Social Security Administration first closed offices in March because of the pandemic, it was not allowing applications for new Social Security cards for international work visa holders. Later, some locations began adding the ability to schedule in-person appointments even with offices still closed. Many offices will not allow area consultants to accompany the transferee inside for appointments; a number of those even require the transferee to call and schedule their own appointment. In these instances, the consultant offers instructions and support to the transferee through the process, including being on standby by phone or video during the application appointment.

What Should Employers Do About Virtual Destination Services?

Employers should leverage virtual destination services. This will provide transferees with easy to use resource that also promote health and safety in our virtual world. A Relocation Management Company (RMC) with knowledge and experience will help employers understand how to how to access a wide range of tools and resources to meet their relocation program’s needs. As a result, transferees and their family members will have peace of mind. Their relocation process will also be smooth and successful.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how to identify if transferees can benefit from virtual destination services. Our team can help your company understand how to identify specific points of concern and issues. As a result, this will help your company provide appropriate virtual resources and solutions. We also have a wide range of North America and Global Destination Spotlights and MyRelocation^® Video Destination Spotlights to help new hires and transferees learn about their new location.

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

Contact our experts online to learn more about virtual destination services, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

Tags corporate relocation, Corporate Relocation Services, Domestic Relocation, employee relocation, global relocation, relocation, Virtual Destination Services, Virtual Experience

Corporate Relocation Corporate relocation tips

Corporate Relocation Factors: Top 7

Post author By Sam Hoey | CRP, GMS
Post date September 10, 2020

a young female entrepreneur sits at her laptop in an empty office surrounded by moving in boxes but as yet no furniture. Behind her colleagues are organising files, and a male co-worker is chatting to a contractor as to where the furniture needs to be going .

Several corporate relocation factors may influence a decision to move to a new location. There are some standard reasons, such as being closer to customers and markets. With the advent of the COVID-19 pandemic, a few new factors are rising in importance. For example, locations outside of major cities appear to be gaining traction for a number of employees. Whereas there had been a trend for people to want to live in larger cities like New York City prior to the pandemic, now that trend appears to have reversed:

Westchester County, NY: July 2020 new home contracts double the usual number
Greenwich, CT: 72% increase in new home contracts

This trend is repeating in other US cities including Chicago, San Francisco, and Los Angeles. While it is accelerating with the pandemic, the trend was already coalescing. Millennials in particular were seen as shifting to the suburbs back in 2018. Reports detail that millennial buyers seek:

More space
Lots of bathrooms
Safe neighborhoods
Ample parking
Shorter commutes

U.S. Census data analysis shows the following:

	2010	2018
Americans moving to urban areas	33%	28%
Americans moving to suburban areas	46%	54%

What are the Top 7 Corporate Relocation Factors?

For most corporations, relocation decisions are made for several reasons. Thorough planning processes may yield both short term and long term objectives. Companies should review all of the important factors pertinent to their decision. Sometimes these major factors have been known to the company, especially if they need to grow through talent acquisition.

Top 7 Corporate Relocation Factors

Companies seeing a trend of employees departing large cities will inevitably face declining workforces. Therefore a potential relocation to suburban areas might be in order. Many companies seek to be near a large pool of talented employees.

The ability to be in a location that offers attractive housing, low commuting times, and favorable amenities is a positive factor for companies. Even though some work may be done remotely, there may be occasions to bring employees together in a safe manner. Suburban locations may still require longer commuting times. If a company relocates to the suburbs near employees, that is one more benefit to drawing nearby talent for job openings.

Homeownership and Quality of Life are Important Corporate Relocation Factors for Employees

Homeownership is something that many employees seek. When markets offer record low interest rates, the case for buying versus renting is clear. Employers should encourage employees and transferees to buy instead of rent. There are many benefits that accrue to both the employee and the employer in the case of homeownership. Homeownership is often more easily attainable in suburban locations.

Quality of life issues cover many areas and may be important to spouses and families. For example, the ability for a spouse to find a job in a new location might determine the success of a relocation. In our Case Study on Educational Institution Relocation Programs, GMS found that our client was losing new hires after year or so. Researching the issues, we helped the client understand that lack of employment opportunities for spouses was the major factor impacting the decision process. Therefore clients should include the considerations of families and spouses as a corporate relocation factor.

Moving from Older to Newer Facilities is a Corporate Relocation Factor

Many companies located in older facilities face formidable market competition. Nimble market newcomers are often flush with the latest technologies. Upgrading facilities and equipment is a very important corporate relocation factor. Companies currently operating in outdated facilities may be at a competitive disadvantage. It is important for companies to consider their technology needs as they look at their corporate relocation factors.

The ability to reach new clients and increase market exposure in a new location can help a company reach corporate objectives. Some corporate headquarters moves are made to gain easy access to capital and financial decision makers. Many large companies have facilities in several locations to gain unique advantages. This also allows them to leverage several pools of talent and local expertise.

Cost and tax considerations may be a factor in some corporate relocations. Many companies take the cost of a location into account as they seek to assure continued success as they respond to rising costs and increasing competition.

Once a company planning to relocate reaches a decision, there are many points to consider. As it plans for a corporate relocation, a company should consider each point. As a result, this will ensure the company is fully aware of potential issues. They should have specific plans and ensure preparations are sufficient to ensure a smooth relocation experience. Often this also provides an excellent opportunity for positive Public Relations (PR) efforts that can highlight the corporate relocation’s benefits.

Top 5 Points a Company Looking at Corporate Relocation Factors Should Consider

Assign a project team to plan the relocation and develop the relocation budget.
Develop appropriate contingency plans and protocols to account for issues such as adverse weather, communications, and operations.
Plan for backup systems to counteract any disruptions to customer service or employee communications during the relocation.
Connectivity, security, adequacy of backups, and ability to restore technology systems should be reviewed to ensure full compliance with corporation needs, customer requirements, and business continuity plans.
Ensure employees, customer, vendors, and others receive information about the move. Often this is a good opportunity for positive Public Relations (PR) efforts that can highlight the corporate relocation factors and the benefits of the move.

What Should a Company Planning to Relocate do?

A company planning to relocate should identify all of the corporate relocation factors leading to the decision. Also, the company should consider all of the Top 5 Points that may impact the relocation. Companies contemplating a corporate relocation should work with a qualified Relocation Management Company (RMC) that has knowledge and expertise in all of the planning and processes involved with a corporate relocation.

Corporate relocation experts provide valuable insight and can help a company’s corporate relocation process run smoothly with minimal disruptions. Engaging a Relocation Management Company early in the process will ensure a company has a knowledgeable partner that can guide them through all phases. RMCs help companies understand the important corporate relocation factors impacting their decision. They will also arrange all aspects of the company’s relocation to ensure a smooth process.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients develop plans and processes to ensure a successful and efficient corporate relocation. As a result, our team can help your company understand the corporate relocation factors that should be considered. We can also help your company understand how to proceed with a corporate relocation that will keep your company operating at full capacity before, during, and after the relocation.

Contact our experts online to discuss corporate relocation factors facing your company, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

Tags 2020-21 Corporate Relocation Budget, corporate relocation, Corporate Relocation Factors, Corporate Relocation Services, Corporate Relocation Spotlight, COVID-19, Move During COVID, Move During COVID-19

Corporate Relocation Domestic Relocation Global Relocation Global Relocation Challenges Relocation Best Practices Relocation Management Relocation Policy Review Relocation Programs Talent Mobility

2020-21 Corporate Relocation Budget: Start Planning Now

Post author By Sam Hoey | CRP, GMS
Post date September 1, 2020

Young woman collecting important documents — Shot of an attractive young businesswoman going through paperwork while sitting with her laptop

It is not too early to start thinking about your company’s 2020-21 corporate relocation budget. Many companies start reviewing budgets on a regular timeframe. However, the year 2020 has been anything but regular. Every nation in the world has been dealing with the impact of the COVID-19 pandemic. From border restrictions to stay-at-home orders, the vast majority of companies have been facing multiple disruptions.

As a result, these disruptions are bound to have some type of impact on corporate budgets. Companies will find it difficult to determine the “new normal” in their business and industry.

Issues That May Lead to 2020-21 Corporate Relocation Budget Increases

Business Growth

Some companies have seen increasing demand for their products and services. For example, Amazon’s recent second-quarter report earnings call indicates tremendous growth for the company:

Earnings per Share: $10.30 (average analyst’s estimate: $1.46)
Revenue: $88.9 billion (average analyst’s estimate: $81.56 billion)
Sales: up 40% year over year in the quarter
Drivers: online retail, cloud services

Of special note is Amazon’s online grocery and delivery services, with significant progress in this area.

New Corporate Expansions

Other companies are planning significant expansions. Nikola Motor Company announced it will break ground on a manufacturing plant in Coolidge, Arizona. The plant should create thousands of jobs within Pinal County. Nikola expects to produce up to 35,000 hydrogen electric and electric semi-trucks.

Not to be outdone, Tesla recently announced it will build its next factory in Austin, Texas. Known as a Terafactory, the next Tesla Gigafactory will make the Tesla Cybertruck electric pickup truck and the Model Y. Additionally, Tesla’s headquarters location may also soon relocate to Austin.

Issues That May Lead to 2020-21 Corporate Relocation Budget Changes

Immigration Limitations

Beyond business growth and new corporate expansions, other issues may lead to budget changes. Limits on immigration may decrease a company’s ability to hire foreign nationals to work inside the United States. However, alternatives may still allow companies to hire qualified staff. These alternatives require specific conditions, with possible increases in costs in some areas such as travel and facilities.

Need for Highly Qualified Staff

Other issues could include staffing requirements. Some industries such as healthcare have seen a dramatic rise in the need for corporate housing solutions. This is due in part to a dramatic increase in a truly mobile workforce to deal with effects of the COVID-19 pandemic.

How Should a Company Approach Reviewing its 2020-21 Corporate Relocation Budget?

Every company looking to review its 2020-21 corporate relocation budget should consider the following 5 specific points:

1. Relocation Policy Review

It is imperative that companies undertake a review of their relocation policy. Best practice is to review this policy every 12 to 18 months. With changes impacting nearly every component of a company’s 2020-21 corporate relocation budget, a policy review will help define areas that should be examined for compliance, utilization, and cost savings.

Do you know if your company’s business continuity plan includes points related to its relocation program? A relocation policy review will highlight areas that should be considered, such as employees on temporary assignment who may need to be quickly reassigned to a different location.

2. Historical Data Review

A thorough review of expenses will provide a good indicator of areas in need of attention. That being said, it is now critically important to also factor in multiple forces that may impact the future budget, including:

Immigration issues
Travel restrictions
Costs to comply with COVID-19 sanitation guidelines
Virtual talent acquisition
Virtual office requirements
Tax compliance issues

A number of points specific to each company’s needs can be considered in light of new business operating guidelines.

3. Significant Cost Generators

Many costs in relocation budgets are due to significant cost generators. Often these costs are driven by specific activities such as moving an employee to a new destination, or reimbursing temporary housing costs during a short term assignment. A thorough review should include examining these activities in detail as they impact the relocation budget:

Home Sales
Home Purchases
Temporary Housing Costs
Tax Obligations
Household Goods Moves

Be sure to compare and account for cost differences between global relocations and domestic relocations.

4. Accounting Accruals

Companies often account for business expenses that occur in one period by setting aside amounts known as accruals. Future expenses are then allocated toward the accrual amount. Reviewing your 2020-21 corporate relocation budget, consider those expenses that might be better accounted for through accruals.

A good practice is to review the prior year’s accruals to determine if similar amounts should be in the budget through accrual accounting methods. This will also help ensure a smoother expense tracking and recording process. It may also assist the company with cash management requirements.

5. 2020-21 Corporate Relocation Budget Strategic Initiatives

Consider the impact of any strategic initiatives that might result in additional employee relocations, new hires, or corporate expansions. Is the company planning to build a new manufacturing facility or open a sales office? Are there discussions of future partnerships with other firms? Are new talent management programs in development?

With the advent of COVID-19, today’s workforce is even more responsive to changing company requirements. Given the swift nature of how companies responded to the pandemic, be sure to plan for future contingencies, changes, and disruptions.

What Should Employers do for Their 2020-21 Corporate Relocation Budget?

Employers should work with a Relocation Management Company (RMC) that has knowledge and experience with relocation budgets and managing for contingencies. RMCs are ideal sources for industry best practices. RMCs also have valuable knowledge on global issues relating to immigration, travel, and how the relocation industry and service providers are changing to meet new requirements due to the COVID-19 pandemic.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how to develop and prepare robust relocation programs that follow industry best practices. Our team can help your company understand how to account for each of these 5 specific points during the review of its 2020-21 corporate relocation budget.

Contact our experts online to request a relocation policy review as part of your 2020-21 corporate relocation budget review process, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

Business Services Choosing a Relocation Company Corporate Relocation Relocation Best Practices Relocation Challenges United States Economy

Post-Pandemic Business Planning: The Importance of Pre-Decision Services

Post author By Sam Hoey | CRP, GMS
Post date August 4, 2020

Shot of a mature businessman having a brainstorming session against a glass screen in a modern office

What will your employer’s post-pandemic business planning require? The United States has seen two months of unexpected employment increases, far beyond expectations. According to the U.S. Bureau of Labor Statistics, the employment situation over the past two months reflects:

May 2020 Employment Situation

Nonfarm Payroll Employment Increasing by 2.5 million

Unemployment Rate declining to 13.3%

June 2020 Employment Situation

Nonfarm Payroll Employment Increasing by 4.8 million

Unemployment Rate declining to 11.1%

A Returning Workforce Requires Thoughtful Post-Pandemic Business Planning

Many employers are currently making plans for their returning workforce. They may need to develop new workspace configurations in order to limit COVID-19 issues. They may also need to hire new employees, develop a robust talent acquisition program, or arrange for short term domestic assignments.

Post-pandemic business planning must take into account a variety of issues and factors that many employers have not ever thought of, let alone have expertise in. Operating a business in the aftermath of COVID-19 requires significant measures of research, analysis, and thoughtful approaches to solutions.

Pre-Decision Services Help Employers Understand the Issues of Importance

Employers focusing on talent acquisition as part of their post-pandemic business planning should work with a Relocation Management Company with knowledge and experience in pre-decision services. As the original pioneer of the benefits of pre-decision services, Global Mobility Solutions (GMS) can help employers understand the issues of importance to new hires and transferees. GMS offers a wide range of pre-decision services including candidate assessments that help clients assess the circumstances of prospects who are likely to succeed.

Candidate Assessments Provide Valuable Information for Post-Pandemic Business Planning

Candidate assessments provide valuable information for employers as to the expectations of new hires and transferees. New workspace configurations and requirements should be clearly communicated during the pre-decision phase. Questions and feedback from candidates and transferees will provide a valuable source of input and guidance for an employer’s post-pandemic business planning with respect to COVID-19 planning and hazard reduction efforts. With respect to post-pandemic business planning, pre-decision services provide several benefits for clients by:

Clearly identifying a candidate’s issues, concerns, and questions
Completely eliminating any risk of non-acceptance
Minimizing policy exceptions
Increasing the accuracy of budgets
Providing cost savings for the client
Increasing job acceptance ratios
Streamlining the candidate’s orientation to the new location

How Can GMS Help Your Company’s Post-Pandemic Business Planning?

GMS has the knowledge and experience to help your company understand how to identify issues and learn about useful resources. GMS’s team of domestic relocation experts can help your company learn how to use information gathered during pre-decision services to enhance post-pandemic business planning.

As a result, we can help your company develop robust plans during its post-pandemic phase of operations. This will help maintain your competitive position in the marketplace for highly skilled and qualified talent.

What Should Employers do?

Employers looking to enhance their post-pandemic business planning should work with an experienced and knowledgeable Relocation Management Company (RMC). RMCs are ideal sources for information on corporate relocations, workspace setups, pre-decision services, and many issues specific to each employer’s needs surrounding new hires, transferees, and talent acquisition.

Conclusion

GMS’ team of corporate relocation experts has helped many of our clients determine how to identify specific needs of new hires and transferees through pre-decision services. Our team can help your company determine how to leverage information gathered from new hires and transferees. As a result, this will help your company enhance its business planning process.

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

Learn best practices from Global Mobility Solutions. Our relocation industry and technology experts are dedicated to keeping you informed and connected. Contact our experts online to learn more about how your company can leverage pre-decision services to enhance its post-pandemic business planning, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

Tags Business Continuity Plan, Business Traveler Health Precautions, corporate relocation, Corporate Relocation Services, COVID-19, Diversity and Inclusion Initiatives, domestic mobility, Domestic Relocation, Domestic Relocation Trends, employee relocation, Move During COVID, Move During COVID-19, Post-Pandemic Business Planning, Pre-decision, Pre-Decision Programs, Pre-Hire Assessment, relocation best practices, relocation policies, relocation programs, relocation services, Return Safely, Returning Workforce, Sanitation, Transferee Moving Challenges, Travel Guidance, Travel Tools, United States Migration Patterns, US Economy, Virtual Agent Services, Virtual Career Opportunities, Virtual Experience, Virtual Trainer, Virtual Training, Workforce Mobility, workforce mobility management, Working From Home