Relocating employees from one location to another is an exciting, yet complicated process. Making sure that the employee is properly incentivized to make the move is important. It is equally important to ensure that the move is fair in comparison to prior employee relocations, is competitive with the market at large, and is in line with company budgets.
The Domestic Relocation Policies and Practices Survey addresses key elements of an employee relocation program and provides you with benchmark data to create a program that aligns to your talent strategy. Included in the survey are details on the issues involved in transferring an employee from low-cost to high-cost locations and other talent mobility areas centered around the relocation process.
Three main policy types are covered in the survey: Standard (Core) Policies, Flex Policies, and Lump Sum Policies.
Specific policy topics founds within the survey include:
- Home sale and purchase
- Lease cancellation
- Spousal career assistance
- Tax assistance
- Temporary living
- Transportation and storage of household goods
- And more