Tag: Domestic Relocation

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Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Domestic Relocation Trends Visas and International Travel

New York Legislation May Impact Various Aspects of Relocation

US Customs and Border Protection form to fill out

New York legislation termed the “Green Light Law” took effect on December 14, 2019. This law blocks US federal immigration and border control authorities from accessing the state’s Department of Motor Vehicles (DMV) database. As a result, federal law enforcement authorities can no longer access data that would help determine if a vehicle owner has a criminal history or outstanding warrants for arrest.

Three Federal Law Enforcement Agencies Lost Access to DMV Records Due to Green Light Law

The New York legislation was intended to let people who do not have legal immigration status apply to receive a New York driver’s license. The section of the law that prevents DMV officials from allowing access to data affects three federal law enforcement agencies, including:

Additional agreements are in place to prevent other agencies that still have access to DMV data from sharing it with federal agencies such as ICE.

Trump Administration Plans to Block Access to Trusted Traveler Programs Due to New York Legislation

The Trump Administration plans to block access to Global Entry and other Trusted Traveler Programs for New York residents. CBP administers participation in these programs. The Department of Homeland Security (DHS) has taken the position that the New York legislation limiting the DMV from sharing information with CBP will make it impossible for DHS to properly vet Trusted Traveler Program applicants. Trusted Travel Programs rely on New York state records to verify a participant’s identity and conduct thorough vetting on the participant.

DHS Announces Plans to Suspend Trusted Travel Program Enrollments

On Thursday, February 6, DHS announced it was immediately suspending enrollment in Global Entry and Trusted Traveler Programs for all New York state residents.

CBP expects this suspension to affect up to:

  • 200,000 New York residents seeking to renew Trusted Traveler Program membership
  • 30,000 commercial truck drivers enrolled in the Free and Secure Trade (FAST) program at four Canada/New York entry ports

The reason for the suspension is that DHS officials believe the New York legislation is a direct threat to public safety because federal officials cannot access the DMV records. Officials use these DMV records for criminal background checks. They also use these records to determine if applicants for Trusted Traveler Programs meet requirements of the programs.

What Impact Does the New York Legislation Have on Relocation?

New York residents who have become accustomed to the streamlined procedures under Global Entry and Trusted Traveler Programs may now face much longer timeframes and delays for entering into the US and departing for international destinations. Commercial truck drivers at entry ports for Canada and New York may also face delays on their routes without the ease of the FAST program.

For New York residents planning to export automobiles or other vehicles such as motorcycles, the process may also face significant delays. Documentation to confirm information about these vehicles may be difficult to obtain and confirm due to the New York legislation restrictions on sharing DMV information with CBP.

What Should Employers do About the New York Legislation?

Employers should review their relocation plans and timelines for any moves into and out of New York. They should also anticipate possible delays related to employees traveling to or arriving from international destinations. They should also inform transferees about the New York legislation, and how it might impact travel arrangements, exporting of automobiles, and other similar issues.

Conclusion

Global Mobility Solutions’ team of global relocation experts have helped thousands of our clients with business travelers and international assignees from the state of New York. As a result, we can help your company understand how to plan for the impact of the New York legislation as it relates to your relocation program, business travel, and automobile exports.

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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn how to respond to the impact of the New York legislation from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

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

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Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Job Market Job Seekers Labor Force Talent Management Talent Mobility United States Economy

In the 2020 USA Job Market, Which Cities are the Best Places to Find a Job?

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

The 2020 USA job market is poised to continue its unprecedented growth. According to the U.S. Department of Commerce Bureau of Economic Analysis, the nation’s economic performance continues to perform strongly. The USA’s Gross Domestic Product (GDP) rose in the 4th Quarter of 2019 by 2.1%. Economists continue to forecast a future economic outlook of steady growth. This continuation of economic growth without negative impacts appears to be a “Goldilocks Economy.” Features of such an economy include:

  • Growth is not too hot to cause inflation
  • Growth is not too cold to create a recession
  • The ideal growth rate of 2-3% is in effect

The 2020 USA Job Market Benefits Cities Poised as Technology and Innovation Centers

2020 will see several job market trends impacting cities. Some of these trends include adoption of advanced technology, increasing global connectivity, and a workforce that continues to rise in average age. Cities that are positioned as technological innovation centers should gain significantly as corporations grow and their employee workforce expands.

Some forecasters predict that Artificial Intelligence (AI) will negatively impact jobs. PricewaterhouseCoopers published a report identifying several professions that may see significant impacts from AI, robotics, and similar technologies, including:

  • Bank Positions
  • Factory Jobs
  • Financial Services
  • Office Staff

However, all of these advanced technologies in turn create new employment opportunities. Employees who are comfortable with technology and rapid change should anticipate many new challenges and paths for future career growth.

What Characteristics do the Top 10 Cities in the 2020 USA Job Market Share?

The top 10 cities in the 2020 USA job market share several characteristics. Many of these cities exhibit several of the following traits:

  1. Business-friendly policies and incentives
  2. Pleasant climate and moderate weather
  3. Access to a wealth of amenities
  4. Significant job growth
  5. Highly educated and skilled local workforce
  6. Centers for technological innovation
  7. Close to other centers of employment

What are the Top 10 Cities in the 2020 USA Job Market?

According to WalletHub (the first website to offer free credit scores, reports, and additional financial information for consumers), the top 10 Cities in the 2020 USA Job Market are:

  1. Scottsdale, AZ
  2. South Burlington, VT
  3. San Francisco, CA
  4. Austin, TX
  5. Fremont, CA
  6. Chandler, AZ
  7. Boston, MA
  8. Tempe, AZ
  9. Portland, ME
  10. Boise, ID

Several cities from the 2019 ranking fell out of the top 10 ranking. These cities are:

  • Columbia, MD
  • Orlando, FL
  • Colorado Springs, CO
  • Plano, TX
  • Washington, DC

Conversely, several cities rose into the top 10 ranking. These cities are:

  • South Burlington, VT
  • Austin, TX
  • Fremont, CA
  • Tempe, AZ
  • Boise, ID

Scottsdale, Arizona and the 2020 USA Job Market

Scottsdale is the top city in the 2020 USA job market. This is the 2nd year in a row that Scottsdale has achieved the top spot in this ranking. In fact, two other Arizona cities are also in the top 10: Chandler is #6 (up from #10 in 2019), and Tempe is #8 (up from #14 in 2019).

WalletHub notes two significant factors that are driving Arizona cities to the top 10 ranking:

  1. Employment Growth
  2. Large Share of Engaged Workers

South Burlington, Vermont and the 2020 USA Job Market

South Burlington, VT rose to the #2 spot in 2020, from its #11 spot in 2019. Part of this rise is attributable to Vermont resident’s own migration patterns. Many Vermonters are relocating from remote locations to this metropolitan area.

Vermont as a whole is a small state, and South Burlington has an estimated population of over 19,000 residents. By comparison, Scottsdale has an estimated population of over 255,000 residents. Maricopa County in Arizona (where Scottsdale is located) added over 80,000 residents in 2018.

The University of Vermont’s location in Burlington helps draw residents to the city. Up to a third of Burlington’s residents are in their 20’s. As a result, this makes the city’s population much younger than the rest of the state. Residents are drawn to Burlington for quick and easy access to a wide range of urban amenities, such as:

  • Educational Opportunities
  • Fine Arts
  • Health Resources
  • Jobs
  • Public Transportation
  • Restaurants

What Does This Mean?

Job seekers in the 2020 USA job market should look at several Arizona cities as top places to find a job. Most of the job opportunities in Arizona are in the Phoenix metropolitan area. The leading job sectors in this area include:

  • Construction
  • Education and Health Services
  • Professional and Business Services

Several other cities in the USA are also great places to find a job. Job seekers have a wide variety of locations to consider when looking for a job, from Idaho to Vermont, and from Texas to Massachusetts. Employees looking for jobs should consider looking into the cities that rank high as a best place to find a job.

What Should Employers in the 2020 USA Job Market do?

Employers currently in a city that ranks as a best place to find a job should examine their hiring needs and identify candidates using pre-hire assessments. They should work with a qualified Relocation Management Company (RMC) that can provide a full range of pre-decision services.

Employers may consider relocating new hires or transferees to fill positions in these vibrant cities. They should provide transferees and their family members with as many valuable resources as possible to help increase relocation success.

Conclusion

GMS’ team of domestic relocation experts has helped thousands of our clients understand how to fill positions in the 2020 USA job market. Our team can help your company understand how to use pre-hire assessments to identify qualified candidates. Also, we can help your company design a relocation program following industry best practices that results in higher relocation success rates and greater transferee and family member satisfaction.

GMS was the first relocation company to register as a .com, 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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s need to fill 2020 USA job market positions, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

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

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Relocation Best Practices Relocation Management Relocation Policy Review Relocation Programs Relocation Technology

Centralization Advantages: What You Should Know

Companies benchmarking their relocation policies often learn about many centralization advantages that can be obtained by moving away from a decentralized business model for their relocation program. Often a company’s decentralized relocation program develops over time through business mergers and acquisitions. Challenges come to light when a transferee from one location moves to a new location that has different relocation policies.

What are the Challenges of Decentralization?

There are many challenges for companies that follow a decentralized business model for their relocation program. Reporting systems are often inconsistent. Therefore, it is difficult to obtain accurate information on the full scope of the relocation program. Costs are often excessive due to a high number of policy exceptions, use of multiple vendors for the same processes, and in-house costs related to maintaining multiple relocation programs. Since business units, HR teams, and other departments operate independently, lack of ownership hampers progress.

Impact on Employees

These challenges impact the satisfaction of new hires and transferees who are subject to decentralized relocation programs. There may be confusion for employees with currencies, visas and documentation, and reporting requirements. Ultimately, these challenges may reflect back on the company’s reputation among job seekers and other employees approached for relocation opportunities.

What are the Centralization Advantages for Relocation Programs?

Companies that develop a centralized business model for their relocation program gain in many ways. These centralization advantages cover all aspects of relocation, and include:

  • Consistency in operating platforms with robust integration options
  • Cost containment to reduce variation and increase forecasting and predictability
  • Customized billing processes that meet the company’s needs
  • Defined ownership across local, regional, and global entities
  • Global access to courtesy mobility consulting 24/7/365
  • Greater discounts across a streamlined network of vendors along with dual bid savings
  • Reporting capabilities across multiple platforms, anytime, anywhere

What Should Companies do to Obtain Centralization Advantages?

Companies should work with a qualified Relocation Management Company (RMC) that has extensive experience in helping companies obtain centralization advantages for relocation programs. GMS has published a Case Study on Decentralization that describes how a client was able to obtain centralization advantages that led to significant cost savings and greater employee satisfaction.

Companies should ask their RMC a wide range of critical questions to address all of their main concerns. The RMC will help them understand how to obtain centralization advantages for their relocation program. Also, the RMC will help them design their relocation program. As a result, this will help gain the most benefits for the company, new hires, and transferees.

Industry Benchmarking Studies Highlight Centralization Advantages

GMS has also recently published several Industry Benchmarking Studies that will help companies learn whether their relocation program is designed following industry-specific best practices. There are many benefits to a corporate relocation policy benchmarking. For example, employers can learn how they can ensure their competitiveness in their industry to attract and retain talent with the highest level of skills and experience.

Industry best practice is to schedule a relocation program and policy review every 12 to 18 months to ensure your company maintains its competitive position. This review will also help your company learn about how the relocation industry is evolving to meet increased employee demands.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients benchmark their relocation program and obtain significant savings and process improvements through centralization advantages. Our team can help your company understand how to obtain centralization advantages for its relocation program. As a result, your company will be positioned to make a number of improvements to its relocation program as it works to obtain centralization advantages.

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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn more about the centralization advantages your company can obtain for its relocation program. Contact our experts online or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

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

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Buy a Home Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Home Purchase Job Market Job Seekers Labor Force Talent Mobility United States Economy

Choose Topeka Incentives Aim to Draw New Residents to Kansas

The Kansas state capitol building is located in downtown Topeka on land donated by the Atchison, Topeka and Santa Fe Railroad company. Construction began in 1866 and was officially completed 37 years later in 1903 at a total cost of just over 3.2 million dollars. The building is over 300 feet tall and is 17 feet taller than the U.S. Capitol building in Washington D.C.

Choose Topeka is a new incentive program that will draw new residents to Topeka and Shawnee County, Kansas. The program begins in 2020 with a public launch and full promotion. The incentives are performance based. As a result, new residents will become eligible after residing in the community for one year.

The program arose from a partnership between GO Topeka and local Topeka businesses. Over the past year, organizers have been working to develop the program and marketing materials to reach a wide audience. GO Topeka focuses on creating economic opportunities and growing the local business climate. The Joint Economic Development Organization has an agreement for services with GO Topeka. Both organizations are working together on the Choose Topeka incentive program.

What are the Eligibility Requirements for Choose Topeka?

The Choose Topeka incentive program is to help draw employees to work at local businesses. Therefore, the eligibility requirements center on meeting the needs of local employers and full-time positions:

  1. Participants must be eligible to work in the US
  2. Program requires participants to move to Topeka for a full-time position
  3. Employers must participate in the program for participants to receive matching funds
  4. Participants must purchase or rent a home in Shawnee County within a year of their hire and move to the area

What are the Benefits for Participants in Choose Topeka?

The benefits for participants in Choose Topeka are generous, and apply to both the participant as well as to the employer.

Participant Benefits

Up to $15,000 in funds in Year 1

  • Renting: $10,000
  • Home Purchase: $15,000

Source of funds: GO Topeka/Joint Economic Development Organization (JEDO) and Employer, match at 50%

Employer Benefits

  • Employer fully funds $10,000 up to $15,000 with employee transfer
  • After Year 1, GO Topeka/JEDO reimburse up to $5,000 ($10K) or $7,500 ($15K) to employer for employee retention

The Choose Topeka incentives are based on performance. Employees must move to the community and reside for at least one full year before becoming eligible. Only primary residences are eligible for the incentives. The incentives may be used for all expenses related to moving.

What is the Goal of Choose Topeka?

The goal of Choose Topeka is to draw up to 60 new residents and their families to the city. Employers will gain new workers with requisite skills. Also, several industries will receive economic benefits as the new residents move in and purchase locally.

GO Topeka estimates the total local economic impact of the Choose Topeka incentives to be:

  • Over $2.14 million/Year 1
  • Up to $11.38 million/By Year 5

What Should Employers do About Choose Topeka?

Companies in Topeka and the surrounding Shawnee County area that have growth initiatives may be able to leverage the Choose Topeka incentives in their talent acquisition and relocation programs. Companies should examine their plans for corporate expansion. They should also consider participating in the Choose Topeka incentive program to gain the matching funds provided by GO Topeka/JEDO.

Many other US locations offer similar moving incentives. As a result, companies should leverage GO Topeka’s 2020 marketing and promotional efforts for the Choose Topeka incentive program into their employee recruitment efforts.

Conclusion

GMS’ team of domestic relocation experts has helped thousands of our clients understand how to leverage moving incentives such as those in the new Choose Topeka program to attract and retain talent. Our team can help your company by using industry best practices to design your relocation program. This will increase your company’s ability to hire and retain new employees.

GMS was the first relocation company to register as a .com, 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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss your company’s interest in learning how it can leverage the Choose Topeka moving incentives to attract and retain talent, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

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

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Domestic Relocation Domestic Relocation Challenges Job Market Job Seekers Labor Force Talent Mobility United States Economy

California AB5 Law and the Impact on the Relocation Industry

Aerial image of downtown Los Angeles, California at night

The new California AB5 Law may impact the relocation industry in several ways. The law aims to change how employees are classified. This is seen as a way to address the rise of the gig (or “sharing”) working economy and its perceived negative effects.

What is the California AB5 Law?

The California AB5 Law took effect on January 1, 2020. This law makes all independent contractors in the state into statutory employees. The law covers all types of workers, including truckers, drivers, and writers. Ultimately, the law requires the following:

  • Extends employee classification status to gig workers.
  • Companies must use a three-pronged “ABC test” to prove workers are independent contractors, not employees.
  • AB5 is designed to regulate companies that hire gig workers in large numbers, such as Uber, Lyft, and DoorDash.

Consequences of California AB5 Law

Consequences of the law include companies like Vox Media announcing it will not renew the contracts of freelance writers for SB Nation, a sports-focused website. Some analysts believe the new law may impair the ability of workers to hold jobs. Some gig economy companies are pursing legal action to reduce the impact of the law on their operations. Other companies are departing the state due to the impact of the law; however, this may leave more opportunities for their competitors.

Assemblywowan Lorena Gonzalez, (D-San Diego), the architect of AB5, indicated that perhaps some freelancers have lost income, but she has stated “These were never good jobs…No one has ever suggested that, even freelancers.”

Employee Benefits Gained With California AB5 Law

Moving from the status of independent contractor to employee now lets these workers become eligible for a full range of benefits. In California, benefits employees become eligible for include:

  • California Paid Sick Leave
  • Unemployment Benefits
  • Pregnancy Disability Leave
  • Social Security Benefits
  • Overtime Pay
  • Worker’s Compensation Coverage
  • Minimum Wages
  • Family and Medical Leave Act Benefits (FMLA)
  • Holidays and Vacations
  • Final Wage Payment

How Might California AB5 Law Impact the Relocation Industry?

Household Goods Moving Companies

The new California AB5 Law might impact several aspects of the relocation process. One reason is due to some employers such as Household Goods (HHG) moving companies. These companies often utilize independent contractors and freelancers for their workforce as an accepted long-term industry practice.

Recently, a federal judge blocked California AB5 Law from applying to over 70,000 independent truckers. Without the block, this law might severely restrict the ability of HHG movers from operating in the state. The injunction was sought by the California Trucking Association on the grounds that the state ran afoul of federal law that governs interstate commerce. However, some HHG moving companies may still have concerns and confusion about the effects of the law and how best, or whether, they should comply.

Shared Ride Providers

Another reason is due to transferee acceptance of and preference for services provided by companies that epitomize the sharing economy. Examples of these companies are shared ride services such as Uber and Lyft. Transferees might contact a shared ride service company for a ride from the airport to a location during pre-assignment travel.

Companies such as Uber and others have filed a lawsuit against the state, asserting the new law is unconstitutional. Ultimately the suit notes that the law prevents independent contractors from benefiting from the flexibility offered by gig working arrangements.

What Should Employers do About the California AB5 Law?

Employers should review their relocation plans and timelines for any moves into and out of California. They should anticipate possible delays related to any household goods moving processes such as transportation, loading/unloading, and packing/unpacking services. They should also inform transferees about the new law, and how it might impact travel arrangements such as shared ride services.

Conclusion

Global Mobility Solutions’ team of domestic relocation experts have helped thousands of our clients with household goods moves and transferees into and out of the state of California. We can help your company understand how to plan for the impact of the California AB5 Law as it relates to your relocation program.

GMS was the first relocation company to register as a .com, 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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn how to respond to the impact of the California AB5 Law from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

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

Categories
Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Job Seekers Talent Mobility United States Economy

2019 Migration Patterns: Where are People Moving To in the United States?

City of trees Boise Idaho with fall colors

A recent study by United Van Lines of 2019 migration patterns in the United States shows which states people are moving to. According to the study, the top 5 states experiencing the highest rates of inbound migration are:

Top 5 States Growing due to 2019 Migration Patterns

  1. Idaho
  2. Oregon
  3. Arizona
  4. South Carolina
  5. Washington

The state of Idaho moves up from #3 to #1 for 2019 migration patterns as the state with the most inbound moves. The state of Vermont actually experienced a higher percentage of inbound moves than Idaho. However, the study’s focus was limited to states where United Van Lines moved at least 250 families.

Trends Driving 2019 Migration Patterns

Examining a number of local as well as national trends and how these trends impact each state helps explain these patterns. For example, over 45% of United Van Lines’ inbound moves were for baby boomers, ages 55-74. What are the trends driving 2019 migration patterns?

Retirement

Many of Idaho’s inbound movers were aged 55-74. Movers in this age range are from the baby boomer generation, and are moving for retirement reasons. For most retirees, Idaho is seen as a tax-friendly state that does not tax social security income. However, other forms of income are taxable. Balancing this out is the relatively low property taxes in the state. Additionally, Idaho has a “circuit breaker” that lowers property tax bills by up to $1,320 for homeowners who meet specific criteria, including:

  • Seniors age 65 or older
  • Own and occupy their home
  • Health and ability issues
  • 2019 income less than $30,450

State Economic Performance

The forecast for Idaho’s economic performance continues to be positive. A major contributing factor is population growth due to 2019 migration patterns. Also, the state has a strong job market with a diverse employment base. The personal income growth for Idaho is projected at or above 4.5%. As a result, increasing discretionary income leads to higher levels of purchasing power and upward growth in local jobs.

Cost of Living

The cost of living in Idaho is 2.3% lower than the US average, according to Sperling’s Best Places. 2019 migration patterns show that people often move to places with lower costs of living. Residents of Idaho benefit from generally lower costs in several categories including groceries, health, utilities, transportation, and miscellaneous costs.

However, with the increasing population, housing costs are rising in Idaho. The Idaho market is seen as “Very Hot” according to Zillow. Home prices have risen over 10.1% in 2019, and Zillow predicts another rise of 5.8% for 2020.

What Do 2019 Migration Patterns in the United States Mean for Employers?

Employers in the states of Idaho, Oregon, Arizona, South Carolina, and Washington benefit from 2019 migration patterns that draw an increasing number of new residents. Expanding industries produce increasing job opportunities. As a result, communities grow and need services such as real estate, health programs, and insurance. Demand for employees may be particularly strong especially during tight labor markets.

What should Employers do?

Employers in locations that benefit from 2019 migration patterns in the United States should review their company’s growth plans and requirements for jobs across all levels of skill sets. They should also determine how their company’s growth plans will impact the jobs required to meet business plans and goals.

2019 migration patterns in the United States may lead to a growing local population and potential future workforce. Since the nation is experiencing low unemployment, employers should review their talent acquisition and management programs to ensure they remain competitive to attract and retain new hires and transferees. Relocation Management Companies (RMCs) can provide expert assistance to employers to benchmark their relocation policies and add enhancements that attract talent.

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 determine how to leverage 2019 migration patterns in the United States for talent acquisition and management.

GMS was the first relocation company to register as a .com, 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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss your company’s relocation program needs. Give our experts a call at 800.617.1904 or 480.922.0700 today.

 

We're Here to Help! Request a Courtesy Consultation

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

Categories
Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Job Market Job Seekers Labor Force

What are the Fastest Growing Jobs in Nevada?

LAS VEGAS, USA - JULY 14 : World famous Vegas Strip in Las Vegas, Nevada as seen at night on July 14, 2016 in Las Vegas, USA

What are the fastest growing jobs in Nevada? Known as “The Silver State” for the mid-1800’s silver rush, Nevada’s overall economy is the 8th best in the nation according to US News and World Report’s Best States Rankings. Nearly 75% of the state’s residents reside in Clark County. This county contains three of the state’s largest metropolitan areas, including:

Each of these cities carries its own identity, but are situated near each other in the metropolitan area. As a result, they often share borders, industries, employers, and employees. These cities are also considered best places to live in Nevada.

In addition to having a healthy overall economy, Nevada scores favorably in other rankings such as:

The Southwest region as a whole continues to experience high economic growth, including Nevada. The state’s economic outlook remains positive due to several underlying indicators including:

  1. Consumer spending
  2. High rate of taxable sales
  3. Increasing personal income
  4. Population growth
  5. Rising employment

Fastest Growing Jobs in Nevada

Any list of the fastest growing jobs is subject to change, depending on economic factors including availability of qualified employees, consumer spending patterns, and technological changes. However, recent studies show the fastest growth in these Nevada jobs:

Building Industry Jobs

  • Cement Mason

Electrical Jobs

  • Electrical System Assemblers
  • Licensed Electricians

Industrial Jobs

  • Industrial Engineers
  • Inspectors
  • Machinists

Manufacturing Jobs

  • Assemblers
  • Assembly Line Leaders
  • Production Operators

Service Jobs

  • Taxi and Shared Ride Drivers

Highlight on Industries in Las Vegas, Nevada

Las Vegas is the largest city in Nevada, with over 600,000 residents in the city proper. There are nearly 2.3 million residents in the entire Las Vegas metropolitan area. Las Vegas is one of the most famous resort cities in the United States, known for its world-renowned nightlife and entertainment options.

Las Vegas is known as “The Entertainment Capital of the World,” and is home to many large casinos, hotels, resorts, restaurants, and theaters. The city annually hosts many business conventions and is a global leader in the hospitality industry. Las Vegas annually ranks as one of the world’s most visited tourist destinations, with over 40 million visitors spending over $100 billion in the economy.

Major Employers in Las Vegas, Nevada

Within the Las Vegas metropolitan area, the major employers include several globally known names within the hospitality industry, including:

  1. Boyd Gaming
  2. Caesar’s Entertainment
  3. California Hotel and Casino
  4. Clark County School District
  5. Coast Casinos Inc
  6. Déjà vu Worldwide
  7. Diamond Resorts
  8. Dreyer’s
  9. Las Vegas Sands
  10. MGM Grand Las Vegas
  11. The Mirage – MGM Resorts
  12. MGM Resorts International
  13. Perry Johnson & Associates
  14. Scientific Games
  15. Southwest Gas Holdings
  16. The Cosmopolitan of Las Vegas
  17. The Mirage Resort and Casino
  18. The Venetian Las Vegas
  19. Wynn Las Vegas
  20. Wynn Resorts

Largest Industries in Las Vegas, Nevada

The largest industries in Las Vegas include:

  • Education
  • Food Products (Ice Cream)
  • Gaming
  • Healthcare Information Technology
  • Hospitality
  • Utilities

What Should Job Seekers do?

Job seekers should investigate the fastest growing jobs in Nevada for opportunities. A number of resources are available to learn about jobs and careers in Las Vegas. Professional networks such as Linkedin often provide a wealth of information on companies and contacts. Job seekers may want to focus on a specific location such as Henderson or North Las Vegas, and then narrow down their search by industry in Henderson or industry in North Las Vegas to specific job type. Job seekers should utilize professional career services to enhance their job search and achieve success in their career objectives.

Thriving locations such as Las Vegas often have many top tourist destinations. All of these destinations need job seekers to fill local employment opportunities in related and service industries, from Helicopter Pilot for tours over the city, to caring for the marine animals as an Aquarist at the Shark Reef Aquarium.

What Should Employers in Nevada do?

Employers in Nevada should examine their employment needs as economic growth fosters competition for job seekers with requisite skills and training. They should review their relocation program to determine if it benefits their talent acquisition goals and corporate objectives. Employers should work with a Relocation Management Company that has the knowledge and expertise to help them design a relocation program that promotes global talent acquisition.

Conclusion

GMS’ team of domestic relocation experts has helped thousands of our clients develop hiring and recruiting programs to attract highly skilled job seekers. Our team can help your company determine how to attract job seekers looking for employment opportunities in Nevada, or any other location around the world.

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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss your company’s recruiting, hiring, and relocation program needs in Nevada, or give us a call at 800.617.1904 or 480.922.0700 today.

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Domestic Relocation Trends Relocation Technology

Relocation Artificial Intelligence: What is on the Industry Horizon?

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GMS clients in the technology sector recognize the positive aspects that relocation artificial intelligence can provide to their organizations. These clients operate on the cusp of technological innovation. As a result, many are actively working on innovative solutions that use computers to perform tasks that usually require human interaction. Their industry experiences provide real world examples that the relocation industry can leverage to improve many processes.

What is Relocation Artificial Intelligence?

Artificial intelligence (AI) can represent many different concepts and approaches. Ultimately, AI is the process whereby a machine can:

  1. Learn from what it experiences on its own
  2. Make adjustments based on its receipt of new inputs
  3. Perform tasks that mirror those performed by humans

These AI-capable machines often must process natural language patterns and utilize “deep learning.” In computer parlance, deep learning can be described as the creation and use of a large network of neurons by way of computers. This network can process a large amount of data. Deep learning is thus very similar to how human brains work. There are online certification courses and helpful resources related to Deep Learning Algorithms.

AI Developers can use computers with large amounts of data to train these large networks to respond and act similar to how humans would respond and act. Therefore, relocation artificial intelligence is the use of AI-capable machines to perform tasks usually performed by humans during a new hire or transferee relocation.

How Might Relocation Artificial Intelligence Impact Industry Processes?

Several industry processes might be impacted by the application of AI-capable machines. Processes that might change due to relocation artificial intelligence include those that require repetition of a task or a set of tasks following a specific set of rules, guidelines, and definitions.

The top 3 industry processes that might be impacted by AI include:

1. Moving Cost Estimating

Yembo has implemented AI into their moving cost estimating program. The company’s technology utilizes deep learning and robotics algorithms. This allows the program to recognize household goods, count them, and compile the information into a cost estimate. Users only need access to a mobile web browser to access the platform. The technology calculates results including percentage estimates for accuracy based on its visual perception.

2. Real Estate Appraisals

Appraisal uses AI to create a specific formula that allows the company to predict property values and then convert these values into accurate pricing. Their focus is on removing margins of error and guesswork from property valuations and forecasts for prices. As a result, this type of relocation artificial intelligence will greatly enhance pricing decisions.

3. Mortgage Loan Initiations

Black Knight launched Digital Point of Sale, an AI-powered solution that is integrated with the company’s Empower® loan origination system. The solution leverages the company’s artificial intelligence virtual assistant, “AIVA.”

What Does This Mean?

Relocation artificial intelligence is already in place for several industry processes. Many industry suppliers are leveraging AI to automate a number of tasks. Automation for repetitive tasks and processes will help reduce errors. Also, it will allow companies to focus on providing greater value in those areas that are not repetitive.

What Should Employers do About Relocation Artificial Intelligence?

Employers should work with a qualified and experienced Relocation Management Company (RMC). RMCs will have knowledge that can assist companies in understanding how processes that utilize AI can help their relocation program. They can also share recommendations and guidelines in case studies to ensure results meet expectations as well as increase new hire and transferee satisfaction.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients enhance their relocation programs through innovative technology solutions. Our team can help your company understand how relocation artificial intelligence in different processes can provide a wide range of benefits.

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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to learn more about relocation artificial intelligence, or give us a call at 800.617.1904 or 480.922.0700 today.

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Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Domestic Relocation Trends United States Economy

What Does the 2020 US Rental Market Look Like?

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

Employers with plans to relocate employees either to US cities or between two different US cities should be sure to understand the 2020 US rental market dynamics. Each rental market is unique, and rents vary depending on a variety of factors. The number of units available for rent, business and economic growth, and even weather and climate patterns can impact rents. A regular review of the state of the 2020 US rental market can uncover opportunities for transferees to consider new assignments as different markets experience changes in rental affordability.

2020 US Rental Market on a National Basis

For the 2020 US rental market, CBRE Research identifies the following top 4 major metropolitan areas for continuing rental market demand:

  • Atlanta, Georgia
  • Austin, Texas
  • Boston, Massachusetts
  • Phoenix, Arizona

Specifically, multifamily rents in suburban locations will rise faster than those in central urban cores due to stronger demand within high-growth areas.

On a national basis, rents over the past year are 1.4 percent higher, less than the current 1.8% overall rate of inflation, and less than the average hourly earnings rate increase of 3.0 % over the past 12 months, according to an analysis prepared by online rental marketplace ApartmentList.com.

2020 US Rental Market Large Cities with Fastest Rising Rents

The fastest rising rents for the 2020 US rental market among large cities is the city of Mesa, Arizona, heading into 2020 after experiencing an increase of 5% over the past year. This rate of growth is more than three times the national rate of rent increases. Why is Mesa experiencing such a fast increase in rents?

According to the Rental Housing Journal, renters looking to move to the Phoenix metropolitan area are most likely to be searching from the city of Los Angeles, California. Residents of Los Angeles appear to be relocating to Arizona rather than commute from more affordable locations in California.

Inland Empire cities such as Moreno Valley, Riverside, and San Bernardino all offer more affordable housing options than Los Angeles. Many of these cities are highly desirable locations to live, work, and raise a family. However, commuting times to work from these cities are often lengthy and filled with delays. Over 53% of Moreno Valley residents experience commuting time over 30 minutes. Comparing Moreno Valley commute times to the US average shows that residents of Moreno Valley consistently face longer commuting times:

Commute Time Comparison Over 30 Minutes: Impacts the 2020 US Rental Market

 Moreno Valley, CaliforniaUS Average
Commuting 30 to 34 minutes17.5%13.7%
Commuting 35 to 39 minutes4.0%2.9%
Commuting 40 to 44 minutes5.0%3.9%
Commuting 45 to 59 minutes9.8%8.1%
Commuting 60 to 89 minutes9.7%6.2%
Commuting more than 90 minutes7.4%2.7%

What Makes Mesa, Arizona a Top Location for the 2020 US Rental Market?

Job Growth

Among large US cities, Mesa is uniquely positioned in the state of Arizona to capitalize on a number of factors. Proximity to Phoenix is key, with Mesa being only 15 miles to the east. Also, the city of Scottsdale, a major job hub and generator, is just 12 miles to the north. In 2019, Scottsdale ranked as the #1 best city to find a job according to CNBC Make It.

Mesa, Phoenix, Scottsdale, and many other cities in the metropolitan area are experiencing tremendous growth in jobs, impacting the 2020 US rental market. As noted by Arizona Governor Doug Ducey, the state of Arizona ranks #2 in the US for year-over-year job growth, according to the US Bureau of Labor Statistics. Sperling’s Best Places reports that Mesa has seen its job market increase by 3.3% over the past year. Additionally, future job growth in Mesa is projected to be 47.1%, much higher than the US average of 33.5%. Growth in jobs is a driving factor for rising rents in the 2020 US rental market.

Cost of Living Impact on 2020 US Rental Market

The cost of living in Mesa is just 4% higher than the average cost of living in the US. The average cost of most consumer items including groceries, health, utilities, and miscellaneous items is at or below the US average, so the 2020 US rental market reflects strong demand. Mesa’s cost of living compares favorably with many other nearby cities such as Chandler, Gilbert, Scottsdale, and Fountain Hills.

Population Growth

As the Phoenix metropolitan area’s jobs and economy continue to grow, more residents are drawn to Mesa. As a result, the 2020 US rental market analysis clearly shows demand for housing places upward pressure on rents.

The city of Mesa as well as private developers are actively pursuing several construction projects that will increase the number of rental units. The city is constructing a building downtown in an effort to attract Arizona State University classes by spring of 2022. According to investors, Mesa is seen as “next” in line for development, since the city has light rail service, and is centrally located to many other Valley destinations.

Following Mesa in the rising rent category for large cities are Henderson, Nevada (suburb of Las Vegas) at 4.3%, and Phoenix, Arizona at 3.9%, due to increasing job growth and continually expanding populations.

2020 US Rental Market Areas with Declining Rents

The largest decline in rents (2% or more) is occurring in these three US cities:

  • Dearborn Heights, Michigan: -5.2%
  • Pascagoula, Mississippi: -2.3%
  • Bismarck, North Dakota: -2.0%

Dearborn Heights, Michigan is a suburb of Detroit. It ranks as #31 in the best places to raise a family in Wayne County, Michigan. The city is experiencing a weak job market and other quality of life issues that negatively impact its rental market.

Pascagoula, Mississippi has been experiencing a decline in population, matching a decline that has been persistent across the state of Mississippi for several years. By comparison, Bismarck, North Dakota, the state’s capital city, is experiencing a stronger and stable housing market that appears to be drawing residents toward single-family homes. As a result, the 2020 US rental market for Bismarck shows a trend away from apartments. Also, jobs are slightly declining in Bismarck so there is little upward pressure on rents.

Conclusion

GMS’ team of domestic relocation experts has helped thousands of our clients understand how to respond to changing rental market dynamics. Our team can help your company determine how to leverage the 2020 US rental market for transferees.

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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to learn more about how the 2020 US rental market might impact your company’s corporate growth initiatives, or give us a call at 800.617.1904 or 480.922.0700 today.

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Buy a Home Domestic Relocation Domestic Relocation Tips Domestic Relocation Trends Home Purchase United States Economy

Winter Home Sellers More Likely to Find Serious Buyers

When it comes to the best season for home sales, winter home sellers are more likely to find serious buyers. Most people commonly believe spring is the most ideal season for home sales. As a result, sellers often wait until spring arrives to consider listing their home for sale.

Home sales during summer and fall lead to a reduction in market inventory. Sellers who wait for spring to place their home on the market further reduce the number of homes for sale in the winter months. As a result, winter home sellers gain a clear advantage. Less homes on the market allows their home to have greater visibility among serious buyers.

5 Specific Advantages for Winter Home Sellers

Beyond less competition from other homes, there are 5 specific advantages for winter home sellers:

1. Buyers in winter are serious buyers

Many people enjoy winter for its snow-filled beauty and wide range of outdoor sports such as ice skating, skiing, and sledding. However the season is also known for several major holidays, unpredictable and sometimes caution-producing weather, travel, and year-end work commitments. Only serious buyers would be looking for a home during this season. Buyers who make an appointment to see your home are not window shopping for homes as spring buyers often do. Rather, they are specifically interested in your home and its amenities. Winter home sellers can be assured that buyers truly want to purchase in the near term. Many times these serious buyers are relocating to take a new job or transferring to a new location with their current company.

2. Days on the market are less of a concern to serious buyers

Some home buyers use the number of days a home is on the market as an indicator. This indicator could mean any of several things, such as:

  • Condition of the home and property is not comparable
  • Location of the home is not desirable
  • Pricing compared to other homes on the market is not consistent
  • Seller does not have motivation to sell or is hard to work with

However, days on market is less concerning to serious buyers in winter. For example, winter home sellers whose home has been on the market since fall may benefit from buyer’s interest in working with sellers who are fully intending to sell.

3. Realistic decisions on pricing are easier to make during winter

Winter home sellers have an advantage when listing their home. Comparable homes on the market since the summer and fall seasons provide an excellent guide for realistic pricing. These home sellers often have adjusted their pricing to be consistent with or slightly below recent sales. This in turn will help them attract the right buyers looking for homes like theirs. Realistic pricing decisions for winter home sellers are easy to make by reviewing comparable homes.

4. Sellers who need to buy face less competition as they search for their new home

While buyers are searching for homes, winter home sellers gain from having less inventory for their home to compete with. At the same time, if those sellers need to buy a home, they also benefit from having less buyers to compete with. Sellers who must also buy have an advantage since winter holds down excess competition from other buyers. If they are the only ones looking at a specific home, chances are good that their offer will be taken seriously.

5. Spring season is just around the corner, just in case more buyers are needed

Some winter home sellers may not sell their home before spring arrives. The arrival of spring usually brings many more buyers into the market, including more families with children who want to plan moves during the summer. More buyers coming into the market means there will be more views of the home listing and perhaps more visits to the home. Winter home sellers may be seen as especially motivated to sell. As a result, homes should be freshened for the new season, and pricing should be reviewed to determine if it is still comparable or if adjustments must be made.

What Should Winter Home Sellers do?

Winter home sellers should consider placing their home on the market. Those who are able to do so benefit from serious buyers, less competition, and the ability to have their home ready to sell early in spring if they have not yet sold. Something to keep in mind is that a few markets exhibit stronger buying patterns during the winter season. Scottsdale, Arizona winter home sellers often experience the best home sale outcome by listing their home for sale in January.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients and their transferees with real estate needs when it comes to relocation. We can help your company understand how to obtain the best advantage for home sales and purchases, whether selling a home during winter as part of a relocation by leveraging the GMS Buyer Value Option (BVO) program, or buying from winter home sellers in a new location.

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.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices for winter home sellers from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

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

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