2020-21 Corporate Relocation Budget: Start Planning Now It is not too early to start thinking about your company’s 2020-21 corporate relocation budget. Many companies start reviewing budgets on a regular timeframe. However, the year 2020 has been anything but regular. Every nation in the world…
Relocation Policy Review: Anticipating Changes and Challenges What is the best time to arrange for your company’s relocation policy review? Best practice in the mobility industry is to conduct a policy review every 12 to 18 months. This will help your company remain at the…
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…
Affinity Programs and Relocation: How Your Company Can Benefit Many companies can benefit by adding affinity programs to their relocation policy. Relocation offers ample opportunities for transferees and new hires to use services. As a result, a robust relocation policy with well-structured affinity programs may…
Year-End Relocation Expense Reconciliation: How You Should Prepare Companies with relocation programs should prepare for their year-end relocation expense reconciliation. The relocation program may have several parts that flow into multiple departments and functions such as Accounting, Human Resources, Travel, and Tax. Therefore, thorough preparation…
