Tag: Workforce Mobility

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Global Mobility Global Relocation Global Relocation Challenges Global Relocation Tips Global Relocation Trends Talent Management Talent Mobility Visas and International Travel

Global Talent Shortage Can Be Mitigated With Global Relocation

Group of business people at the office, two of them shaking hands for successful deal, colleagues around applauding
Group of business people at the office, two of them shaking hands for successful deal, colleagues around applauding

Learn how offering relocation benefits can help hire top talent

It’s no secret that your company must set itself apart from the competition if you want top talent for job openings. What factors can put your company above the rest when hiring for vacant positions?

Offering relocation benefits to those who have to move for the job could be a great way to lure top talent. But just how much does the offering of global relocation packages help persuade candidates to your side?

Korn Ferry’s study “Global Talent Crunch” highlights the skilled talent shortage impacting countries and specific industries worldwide. Many countries are already facing a skilled talent shortage across several industries. The study examines the talent shortage issue across twenty major developed and developing countries, including:

  • Americas: Brazil, Mexico, United States
  • EMEA: France, Germany, Netherlands, Russia, Saudi Arabia, South Africa, United Arab Emirates, United Kingdom
  • Asia Pacific: Australia, China, India, Indonesia, Japan, Malaysia, Singapore, Thailand

Which industries are most at risk due to talent shortage?

The financial and business services industries are the most at risk due to talent shortage. According to the study, these industries could be facing a shortage of nearly 11 million workers by 2030, with about $1.3 trillion negative impact. Across the globe, technological advancement is at risk due to a skilled talent shortage of over 4 million Technology, Media, and Telecommunications (TMT) workers by 2030. Additionally, manufacturing will have a surplus of workers through 2023, quickly becoming a skilled talent shortage of nearly 8 million workers by 2030.

Which countries are most at risk due to talent shortage?

The greatest vulnerability to talent scarcity lies in advanced nations. France and Germany in Europe and Japan in Asia encounter the highest levels of risk. The United States and Australia also confront a significant deficit in skilled personnel, with the US anticipating a staggering loss of approximately $1.8 trillion in yearly earnings by 2030. Conversely, India stands alone among the countries examined, as it remains in possession of an excess of skilled talent until 2030.

What should employers expect?

Employers should expect to find it increasingly difficult to recruit and hire in several countries and industries. Those with plans to expand into new markets should consider this as they develop their hiring plans and corporate objectives.

Employers finding difficulties hiring and recruiting for positions in specific countries and industries should consider highlighting their relocation program’s benefits in their recruiting materials. The healthcare industry has been facing a critical talent shortage for several years. Healthcare employers have responded in several ways, including:

  1. Providing Exceptional Candidate Experiences
  2. Using Data to Enhance Recruiting
  3. Recruiting for Cultural Fit
  4. Creating a Superior Employer Brand
  5. Speeding the Process to Keep Candidates Engaged

Relocation Management Companies (RMCs) are ideal sources for information on global candidate recruitment and relocation. Pre-Decision Services are critical for employers as they provide valuable information about a candidate’s ability to accept a position and be successful. Assessment data can be paired with structured interview questions to understand better the candidate’s interests, goals, and motivations.

Contact GMS for More Resources

The team of professionals at Global Mobility Solutions (GMS) specializes in assisting companies with corporate relocation, creating effective relocation programs that can successfully appeal to and maintain skilled employees. By implementing industry-leading strategies, our team can help your company design a relocation program that enhances your ability to attract and retain new employees and alleviate the challenges of a talent shortage. 

GMS became the inaugural relocation firm to become a registered .com. Additionally, they developed the initial digital tools and calculators, which significantly changed the relocation sector. GMS persists in leading the industry by introducing pioneering innovations and technological solutions through their exclusive MyRelocation™ technology platform.

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

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

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Global Relocation Immigration Rules Relocation Best Practices Visas and International Travel

How to Get an IMM 5257 Visitor Visa

Calagary skyline at sunset
Skyline of Calgary at dusk. Skyscrapers and office buildings are already illuminated. Alberta - Canada.

Visitor Visa (Temporary Work Visa) in Canada

If you aren’t a Canadian citizen or a permanent resident of Canada but have plans of relocating up north, there are a few options you have for visas. First, you can come to Canada on vacation; you can come to see family or conduct some manner of business in Canada. Your stay is restricted, and you need to follow some rules. and one of them might be that you need a visa, especially if you plan to work in Canada.

These IMM 5257 visas will be significant for you to enjoy your stay in Canada, and they are also a little complicated to get. Are there certain visas and government documents those applying need? Thankfully, rather than dealing with the headaches that can arise when you try to get a visa alone, you can work with a full-service relocation company that can assist with all the hardships of applying for the IMM 5257. Check out the rest of this article to get all the help you need.

What Temporary Work Visas Can You Get?

There are two different types of work visas that you can apply for. The first is an employer-specific work permit that allows you to work in Canada while you follow the conditions on the license. These conditions include the name of the employer you can work for, how long you can work, and sometimes where you can work.

You will also need a full copy of your employment contract and the offer of employment number or a copy of the labor market impact assessment. This can be useful if a specific employer in Canada already hires you and is entering the country to work a particular job.

An Open Work Permit allows you to work for any employer in Canada during your stay, except for those on the list of blacklisted employees. 

Additionally, you may need a medical exam if you have lived in certain territories or countries for 6 months or more or have applied to come to Canada within one year. Additionally, suppose you plan to work in certain occupations (such as in the field of healthcare, with children, or within agriculture occupations). In that case, you will need a medical exam no matter what.

You will not need a medical exam if you want to work in Canada for six months or less and do not meet any of the above conditions. Once you have your work visa and all the paperwork from your employer, you can begin the application process.

Using an IMM 5257 PDF Template

Having a template to work off of can be a lifesaver, especially with government documents. You need to work off of an IMM 5257 PDF Template, and one that is correct and fully updated. Then, you can confidently fill in the blanks and submit your information correctly. No worries, no fuss, and you can work in Canada as long as your other documents are handled correctly.

How To Apply For A Temporary Work Visa

You can apply for a temporary work visa online and must submit various forms. These can include but are not limited to IMM 1295 – Application for Work Permit Made Outside of Canada. Schedule 1 – Application for Temporary Resident Visa. Family Information Form IMM 5645.

Additionally, you will need a valid passport, two applicable photos of yourself, police record certificates, and bank statements proving you have enough funds to remain in Canada while having enough funds to return home, and your resume. If you bring your spouse and family members with you, you will also need extra documents for them.

Now, all of this can be extremely overwhelming, and if you make a mistake, forget to include a document, or have another problem happen, you will need to start over. That can be a massive problem, especially if you have a job that can’t wait.

Can I Extend My Temporary Work Visa?

If your work permit is still valid, then you can extend it. Whether you have fallen in love with the job, the country, the food, or the people, you can extend your temporary work visa while in Canada as long as you meet the following conditions. 

You must make any changes, alterations, or extensions at least 30 days before the visa expires, and you can’t extend your work permit beyond the expiration date of your passport. However, other than those conditions, extending your temporary work visa is pretty straightforward. Whatever drew you to Canada, you can continue experiencing it until your passport expires.

No matter what you plan to do, you can get a temporary work visa in Canada. Just make sure you get the steps right the first time!


Contact Global Mobility Solutions today for more information on work visas and relocating to Canada.

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Properly managing a visa and immigration program involves meticulous coordination, precise communication, and worldwide interaction with government agencies, corporate personnel, and relocating employees.

At GMS, we provide you with peace of mind in knowing your mobility program is fully compliant and being managed by the best in the industry.

Request a no-pressure, courtesy consultation from a GMS Mobility Pro. We’ll be in touch within 1 business day.

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Choosing a Relocation Company Corporate Relocation Corporate relocation tips

Integrating Existing and New Teams during Relocation

team members in an office, working well together
Young smiling designers working together in the office

Help Ease Relocated Employees

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

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

Early Communication: Clarity Breeds Confidence

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

Fostering a Culture of Inclusion: The Harmonizing Melody

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

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

Empathetic Leadership: The Human Touch

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

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

Investing in Training: Building Bridges

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

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

Setting Clear Expectations: The Roadmap to Success

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

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

Encourage Social Interaction: Breaking Ice, Building Bonds

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

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

Fusing the Old and the New: The Final Note

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

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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Corporate Relocation Domestic Relocation Domestic Relocation Challenges Domestic Relocation Tips Global Relocation Global Relocation Challenges Global Relocation Tips Relocation Policy Review Talent Mobility

Family Matters and Career Support for Spouses Impacted by Relocations

Couple on floor next to moving boxes

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

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

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

Pre-Decision Services

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

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

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

Career Support

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

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

Family Support

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

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

Let GMS Assist Your Employees and Their Families

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

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

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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Global Relocation Trends Relocation Technology Talent Mobility

Talent Mobility Technology for 2023 and Beyond

Business woman working at home on the computer

Learn what the industry leaders are using for international relocation services

Technology trends continue to shape the 2023 workplace and workforce. Companies need to rethink their talent mobility strategies to respond effectively within the new parameters of workplaces. Companies can more easily expand their organizations to meet market demands without restrictions or needs for solely geographically-limited talent.

Opening a division in a new location requires knowledgeable employees to be at the site to ensure processes are followed, and procedures are in place to match corporate requirements. A visual meeting platform like Zoom might work for meeting purposes. Still, it could be logistically challenging for an employee to conduct a factory tour or examine manufacturing processes in detail over a Zoom call.

This is why companies providing international relocation services instantly broaden their hiring pool. If you can hire the best candidate, no matter where they are currently located, you are more likely to get the right person in the right seat. 

But moving employees internationally is a challenging process. There are lots of moving parts that have to be kept in mind. With that said, companies that offer international relocation programs should utilize up-to-date technology to keep all of these moving parts in one central database. With increases in global assignments, companies should examine the following three trends that impact talent mobility:

Cloud-Based Systems

The estimated increase in talent mobility highlights the need for companies to surround employees with the proper technological infrastructure to maintain productivity. Cloud-based systems may increase talent agility and flexibility since employees can access corporate information quickly with an established Wi-Fi connection. Relocation technology for transferees should reflect the most modern technology trends in providing service and solutions anytime, anywhere.

Having a cloud-based system allows all involved with the relocation process to have clear insight into how the move is going. Everyone means the employee, the employer providing the talent mobility benefits, and the company that is providing the international relocation services.

Relocation Technology Trends Attract Top Talent

Global assignments require a set of leadership competencies, including cultural awareness, open-mindedness, and flexibility. There is strong interest among employees of all levels for international assignments as technology trends provide more extraordinary learning experiences. Companies should examine their employee relocation needs with pre-decision services to ensure candidates will likely succeed.

Communication and Collaboration

Video conferencing is common in business as teams expand globally and the need for visual and verbal communication increases to replace the limitations of emails and texts. Employees drive the demand for easy solutions, so businesses must respond with practical tools and training to ensure security is not compromised as communication flourishes. Communication trends will improve with robotic process automation, which speeds up business processes, so employees have the information they need much faster than through manual processing.

GMS Provides the Best Relocation Technology

Global Mobility Solutions (GMS) created MyRelocation to make the relocation process seamless. Our cloud-based system acts as central insight for each employee’s relocation. 

From bookkeeping on receipts and payout orders to pointing out key dates, such as when movers are supposed to arrive, MyRelocation keeps all involved in the know. 

GMS believes that its award-winning MyRelocation technology and our expert team make us the US’s best international relocation service provider. We would love for you to set up a free consultation with us so that one of our relocation experts can walk you through why GMS is the best in the industry.

Our cloud-based relocation technology is designed to help you streamline your company’s relocation management.

Explore MyRelocation®
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Global Relocation Global Relocation Tips Global Relocation Trends Relocation Best Practices Relocation Programs

What Are The Benefits of Outsourcing Global Relocation Programs?

young woman with friendly dog in their new house with moving boxes.
Woman and dog flooring in new home

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

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

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

Cost Management

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

Savings With Outsourcing Global Relocation Programs

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

Compliance

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

Program Enhancements Through Outsourcing Global Relocation Programs

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

Focus on Their Core Competencies

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

Work with the Best Global Relocation Service Provider

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

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 Challenges Relocation Management Relocation Policy Review Relocation Programs

5 Terms to Include in a Competitive Relocation Package

family enjoying pizza in their new home with moving boxes around
a young family move into their new home and have pizza for their first meal

Make your relocation offer competitive by including these policies

Every year millions of people move for new jobs. Relocating for your professional career is familiar, but the relocation industry has changed since the Covid-19 pandemic. When it comes to offering relocation packages to employees willing to move for a new position, studies show that employees are more reluctant to move if there is a higher cost of living in their new destination. 

Another factor for employees not wanting to relocate is the start date. Companies often ask employees to be in their new seats within 30 days of signing the offer letter. So, what can companies do to work around these distresses? 

Companies who are asking talent to relocate for a position should look into offering employee relocation packages. These packages help offset the stress of moving by providing financial assistance and corporate housing so that the employee can relocate as seamlessly as possible. 

While every company has different opinions on what should and should not be covered regarding talent mobility, a few basic policies should be included in every relocation package. Here are five terms to make your company’s relocation package appealing to applicants so that they cannot refuse your offer:

1) Real Estate Programs or Lease-Break Assistance

A survey by Worldwide ERC showed that selling a home for less than it is worth is the most expensive part of relocating. When time is limited, employees are often forced to accept a lower sale price or pay a financial penalty for ending a lease. Often, employees are scared they will get stuck paying two mortgages or rent payments for multiple months, which could hurt them financially. 

If companies want a shot at landing top talent for an open position, they will include financial aid coverage for breaking a lease. If the employee can get out of their current rental at little or low cost to them, they are more likely to accept your relocation offer. 

For applicants who are homeowners, offering home sale assistance and home-buying assistance programs in the relocation package would be a massive perk for them. Standard relocation real estate programs include BOV, GPO, or Direct Reimbursement. Each of these programs has different pros and cons. But every moving employee will have different needs, so options can make any offer even more appealing.

2) Moving Expenses

This one may seem too easy to list, but it is essential. Very few people save thousands of dollars regularly if they may have to move unexpectedly. So, if an employee is mulling over your offer, the price of moving may be daunting in the back of their mind. But if your company were to cover or assist in the moving expenses, it could quickly put those thoughts to the rest of the employees. 

There are numerous ways to assist an employee with relocation costs. Most companies go the route of reimbursement programs, but there are packages where the company will handle everything on behalf of the employee so that they do not have to worry about it. Again, each different kind of program will have its pros and cons. 

It’s worth noting that no matter which method your company chooses to use for handling relocation expenses, some relocation technology can help keep spending within a budget.

3) Transportation Costs

Moving can be costly, by car or plane. Visiting the new spot before relocating is necessary to find housing and get to know the area. Relocation packages typically include reimbursements for two or three trips. This can also be a chance for the transferring employee to search potential neighborhoods and schools for their family.

4) Tax Implications

Relocating employees can face an unanticipated problem with taxes concerning relocation benefits. An employer may give a ‘relocation lump sum’ to cover relocation expenses, which is taxed as extra income at the employee’s ordinary tax rate.

Employees with a 25% tax rate will be taxed $2,500 on a $10,000 lump sum. This can be a financial strain, so many companies increase the lump sum to cover taxes.

5) Miscellaneous Expenses

One last suggestion to make a solid offer to a potential candidate is to have a miscellaneous expenses policy in your relocation package. Employees may incur costs when relocating. Ask them what expenses they anticipate and offer assistance to cover them, such as vacation days, spousal income loss, and packing services.

GMS Specializes In All of These Terms and Conditions

Look no further if your company needs help updating or creating employee relocation packages. Global Mobility Solutions (GMS) has been helping companies with their relocation services needs since 1987. Our expert team will listen to your wants and needs, then assist you in putting together the best relocation policies to make all your offers to new employees appealing for them to accept a relocation assignment. We specialize in helping companies provide their employees with the terms mentioned above. 

Reach out to us today to set up a free consultation. Within 24 hours, one of our business development managers will be in touch to get you started on setting up the most competitive relocation package in your industry.

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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Global Relocation Global Relocation Tips Global Relocation Trends

What are the Top Calgary Industries Leading the City’s 2023 Economic Development?

Updated for 2023

What are the top Calgary industries leading the city’s 2023 economic development? For the last few years, much of the local economic news has been filled with the effects of the COVID-19 pandemic. The Conference Board of Canada reported that the province of Alberta took a massive hit during the pandemic, with the most damaging effects due to the pandemic and declining global oil prices. Calgary is the largest city in Alberta, the city and the surrounding region will experience these adverse effects.

However, the population of the Calgary Metropolitan Region exceeds 1.2 million residents. As a result, both the city and the region are positioned well for significant future growth. Before the pandemic, this year was projected to be Alberta’s first year of full economic recovery.

Top Calgary Industries

According to Calgary Economic Development, 8 Key Sectors drive Calgary and Alberta’s economy. Each sector, in turn, helps Calgary industries to grow with investments and jobs.

1. Aerospace & Logistics

Calgary is home to one of Canada’s busiest airports. Also, one of the nation’s major airlines is in the city. Several Calgary companies are focused on commercializing aerospace technologies such as drones. Aerium Analytics provides Unmanned Aerial Vehicle (UAV) flight and analytics to address issues such as airport wildlife management, building inspections, and forestry management.

2. Agribusiness

Agribusiness is one of the top Calgary industries. This sector is poised to be the fastest-growing adopter of several transformative digital technologies. Spending on these technologies is expected to increase by 23% from 2019-2022. Decisive Farming focuses on precision agronomy, farm management, and crop marketing with services and technologies.

3. Creative Top Calgary Industries

The Calgary Film Centre is located just 25 minutes from the city’s airport. The Centre includes:

4. Energy

The energy sector represents a significant portion of the top Calgary industries. Clean technologies include those that derive from solar, wind, bioenergy, and geothermal sources. Calgary industries focusing on energy are the most well-known in the city. Alberta is Canada’s largest producer of natural gas and oil. Over 70% of the province’s CleanTech company headquarters are in Calgary.

5. Financial Services

What is FinTech? This term describes the use of new technology to improve and further automate both the delivery and use of financial services. It may also include concepts such as cryptocurrencies like bitcoin. Companies like Bitfury are leading the effort in implementing blockchain technology and artificial intelligence solutions.

6. Interactive Digital Media

Over 60 companies in Calgary produce video games and/or immersive media products. The Calgary Game Developers Association has over 800 members and represents a strong talent pool.

7. Life Sciences Top Calgary Industries

There are over 110 life science companies in Calgary, making for a sizable segment of the top Calgary industries. Oncolytics Biotech Inc. is developing an immuno-oncolytic virus to kill cancer. The Calgary Cancer Centre is scheduled to open in 2023. The centre will increase capacity and add to Calgary’s leading role in cancer services.

8. Technology

Calgary businesses are projected to spend $7.5B on digital transformation (DX) from 2019-2023, representing a 20% compound annual growth rate. What is DX? DX refers to applying new technologies to change work processes and customer experiences and enhance value. It’s not just making current technologies work better in a defined process. It uses new technologies to change the function and gain advantages through innovation and disruption.

What Should Employers in the Top Calgary Industries Do?

Employers in the top Calgary industries 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 with the knowledge and expertise to help them design a relocation program promoting talent acquisition.

GMS has recently published several Industry Benchmarking Studies to help employers in the top Calgary industries learn whether their company’s 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 how the relocation industry is evolving to meet increased employee demands.

Stay up-to-date with GMs

GMS’ team of global 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 any of the top Calgary industries.

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.

Contact our experts online to discuss your company’s recruiting, hiring, and relocation program needs as they relate to the top Calgary industries, or give us a call at 800.617.1904 or 480.922.0700 today.

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

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Corporate Relocation Corporate relocation tips

3 Tips to Use When Prepping Your 2023 Relocation Budget

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Use these tips to keep relocation costs manageable moving into 2023

We may be working through Q3 of 2022, but it’s never too early to start budgeting for the new year. During the year’s second half, companies begin to evaluate their costs in all areas. Any reliable relocation management company (RMC) would recommend that companies take a look at their relocation packages on an annual basis. This assures talent mobility benefits offered to new employees are competitive. 

These tips provided on the business relocation budget focus on research, cost competitiveness, and professional expertise. Focusing on these tips will also help guide the employee’s moving process in a positive direction. Identifying the full scope of what the company covers regarding moving expenses are critically important to developing a useful talent mobility program.

1) Work with a Relocation Management Company

Working with a qualified RMC will help your company achieve success. RMCs have valuable knowledge and experience to determine how to proceed with the company’s relocation services. Having experience helping companies move employees lets RMCs bring essential points to the forefront. As a result, the company’s budget will have a higher degree of accuracy. Also, the process will ensure a smoother and more successful employee relocation.

When choosing the RMC, look for one that offers ongoing employee support services, relocation benefits, superior technology, comprehensive supplier management, and an industry-leading expense management program. In addition, employers should provide resources for employees and their families during the relocation process. This will help them gain confidence in accepting their new assignments.

2) Get Estimates from Multiple Providers

Employee relocation is a significant undertaking. Companies must be sure to obtain the most substantial value from the business relocation. Therefore, companies should ensure that the RMC of their choice can get their relocation programs in the most cost-efficient way.

Obtaining multiple estimates from reputable suppliers helps companies identify cost-effective solutions that meet the business relocation budget requirements. It is important to note that rates can often be negotiable. RMCs that have experts in group move coordination can easily leverage volume to obtain the best rates from van lines for business relocation and for employees’ household goods moves.

3) Research and Understand Your Rights

The Federal Motor Carrier Safety Administration outlines many rights and responsibilities that businesses are entitled to before, during, and after relocation. These rights are noted in Electronic Code of Federal Regulations, Subpart F—Transportation of Shipments §375.601, §375.603, §375.605, §375.607, §375.609. They include:

  • A van line must move a client’s belongings in a timely manner
  • The moving company must provide a written record called a reasonable dispatch service
  • If there is a delay, the company must then prepare a written record of its amended date for delivery

GMS Can Help Keep You Under Budget

Your company’s 2023 business relocation budget will require adherence to cost guidelines. Therefore, ensuring the entire logistical process runs smoothly and efficiently is essential. Global Mobility Solutions (GMS) team of corporate relocation experts has helped thousands of our clients develop their relocation program budgets. In addition, our team has also helped hundreds of clients create and administer their business relocation budgets for individual and group moves. As a result, we can help your company develop a thorough and cost-effective relocation budget to ensure an entirely successful corporate relocation process.

If you are ready to discuss ways your company can save on talent mobility programs, reach out to us today. We will start with a free consultation with you to go over all your needs when it comes to moving employees. From there, our team will work on a relocation budget that can help your company and employees thrive.

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
Global Mobility Global Relocation Global Relocation Tips Global Relocation Trends Visas and International Travel

Zoom Town Options for International Relocation

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Singapore skyline at night.

Check Out These Countries That Offer Relocation Incentives

Countless companies are continuing to allow their teams to work remotely. These changes have primarily been due to the COVID-19 pandemic and the resulting shift in corporate culture. Working remotely from home has become a new normal for numerous industries. It has gotten to the point where “home” can be somewhere new almost every year. Employees are relocating to where they are most comfortable for their personal life as they no longer need to report to a physical office on a daily basis. Because of this, many cities and provinces are seeing an influx of new workers (and new taxpayers) as their populations grow.

What Are Zoom Towns?

A Zoom Town can be loosely defined as a town or province seeing an increase in population due to remote employees opting to move in. The phrase was coined from the broadly popular corporate movement to allow people to work remotely during the pandemic and the meteoric rise of “Zoom” as the virtual meeting platform of choice. 

 

Due to this phenomenon, various local and regional governments around the globe are getting creative in their competition for new wage earners. It has gotten to the point where these destinations are offering relocation incentives to remote workers considering a move within their borders. Many of these towns are looking to revitalize and compete by growing their population and gaining more working professionals. 

 

Now that people are accustomed to working remotely, many are looking into international relocation. There are Zoom Towns in other countries, some offering lucrative relocation incentives. If you’re looking to relocate internationally within the next year, here are some of the fastest-growing Zoom Towns abroad:

Switzerland

The village of Alibnen in the mountains of Switzerland is offering a rich relocation incentive. The town will shell out USD 25,200 to newcomers. On top of that, the Swiss government will give USD 10,000 per child that relocates with the family. Of course, there is some fine print for this great incentive. First off, applicants have to be under the age of 45. The property purchased in Alibnen has to be a permanent home, not a secondary residence. Also, the property has to hold a minimum value of 200,000 francs (about USD 201,600).

Italy

When many people think about Italy, they think about gorgeous landscapes and delicious food. This is why it is a popular destination for remote workers researching international relocation destinations. If you are considering Italy, it is worth looking at the town of Candela. This small town is offering grants of €800 euros per person and up to €2,000 for couples with children. Applicants of the grant can also take advantage of tax breaks. The only major requirement for this program is that the relocating workers have to live in Candela full-time, rent a house, and have a job with a minimum yearly salary of €7,500.

Greece

Another example of a creative incentive program is the Greek island of Antikythera. The program is closed as of the time of this article, but the island of Antikythera was trying hard to boost and revitalize it’s population number of 50 residents by offering relocation incentives. Those willing to relocate there could apply to receive housing, land, and an allowance of 500 euros a month for the three years from the Greek Orthodox Church, approximately USD 20,000 in incentives. 

 

Fortunately, Antikythera’s incentives worked! The island has seen an influx of young families and is now home to a climate research center.

Croatia

Legrad is a small town in northern Croatia that is looking to increase its population of just over 2,000 residents. In doing so, anyone looking to relocate to Legrad can bid on a house starting at just $0.16 (1 kuna). While an entire home for only 16 cents sounds great, there is a drawback. There are a limited number of homes in the town that can be purchased at the incentive price. However, there is good news – the mayor of Legrad pledged up to $3,979 (25,000 kuna) towards any refurbishments that newcomers would like to make to their houses. 

GMS Can Help with International Relocation

Global Mobility Solutions (GMS) is the industry leader in the corporate mobility market. Since 1987 we have been helping companies relocate their employees both domestically and internationally. Our relocation-specialized team stays up-to-date on all the government-provided relocation incentives offered in various cities, states/provinces, and countries. 


Our team also can help with any visa and immigration questions you may have when it comes to moving an employee to a new destination. You can contact us today with any questions or book a free consultation with one of our experienced consultants who can provide you with a courtesy review of your current relocation program and provide feedback on how to maintain a competitive talent mobility program.

We're Here to Help! Request a Courtesy Consultation

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

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About

Contact Us

About Us

GMS Client Login

Privacy Policy

Other Services

Our Technology

Global Relocation

Group Moves

U.S. & Canadian Relocation

Address

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

1.800.617.1904
Available 24/7/365

About

Contact Us

About Us

GMS Client Login

Privacy Policy

Address

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

1.800.617.1904
Available 24/7/365

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