In a domestic relocation, the home selling process seems to receive most of the attention yet finding the right home is arguably even more important to a successful transition. The extent of assistance offered by companies varies, depending on the policy tier, homeowner vs. renter status, type of reimbursement and more. Clearly defining home finding benefits at the outset will make the process more efficient and reduce confusion and exception requests.
Considering Employee Home Sales Support Programs
Though the trend has been to offer more lump sums and other relocation benefits short of a full home sale program, home sale services remain a central part of a well-rounded corporate relocation program. Lump sums can help to control costs, and they are certainly simple to administer, but the results are not always what the company and employee expect. Home sale assistance represents a greater commitment to the employee and his or her future with the organization—a fact that is not lost on the employee. And the economic ups and downs of the past decade have resulted in some innovative practices and approaches that allow employers to offer home sale assistance as part of their employee relocation packages while maintaining better control over costs.
Relocating employees are happiest, and costs are lowest, when they are settled into permanent housing as rapidly as possible.
When this is not possible, providing good temporary living services to employees becomes an important part of a successful relocation process. First impressions make a lasting impact, and for employees who are moving their whole lives to a new location, temporary housing will be their first foray into an unknown environment. Seamless planning and execution is crucial to ensure happy and productive employees.
In order for companies to stay ahead of the competition in this global economy, they must leverage and optimize all the tools at their disposal. Talent is the most important of these tools and often proves to be the single greatest differentiator among companies in a crowded marketplace. Talent pools, like the economy, are global in nature today.
Seasoned expatriates can represent a particularly attractive segment of prospective talent as they often share valuable common characteristics that provide companies with key bottom line benefits. For example… (more…)
Representing TRC in the Northeast U.S.
MILWAUKEE, Wis. (February 25, 2016)
TRC Global Mobility, Inc. (TRC) is pleased to welcome a new addition to the company’s global business development team. Chris Ward, GMS has joined TRC Global Mobility as Director, Global Business Development, focusing on the Northeast U.S. region.
Chris gained business development experience at several relocation management companies and developed an in-depth understanding of the global relocation process in corporate roles at Seagate Technology and EMC Corporation.
Chris is actively involved with Worldwide ERC© and regional relocation groups. He served several terms on Worldwide ERC’s Global Advisory Council and chaired that group in 2015. His Mobility article, “Applied Sociology”, appears in the March 2016 issue of the magazine. Chris holds Worldwide ERC’s Global Mobility Specialist (GMS) designation.
Right Talent, Right Place, Right Time
Used strategically, employee relocation can positively impact a company’s competitive position and business performance by getting the right talent in the right place at the right time. Unfortunately, the relocation process can be very complicated and stressful for both the employee and the company initiating it. For businesses, some key challenges are competitiveness, cost control, compliance, and employee resistance. For employees, spouse/partner careers, children, elder care responsibilities, real estate concerns, and family resistance are among the frequent challenges. (more…)
TRC Global Solutions is now TRC Global Mobility! We selected our new name to emphasize our mission and exclusive focus on U.S. and Global Relocation services.
“TRC Global Solutions suggested a more fragmented human resources services focus; a direction some of our competitors have taken but one we have consciously avoided,” said Sean Lickver, CRP, GMS, Executive Vice President. “It did not convey what TRC does and what we are all about to best advantage. TRC Global Mobility more accurately captures our mission and our exclusive focus on employee relocation and global assignment management. We chose to retain the “TRC” part of our brand, a tribute to our founding as The Relocation Center in 1987.”
Two key additions to management team
MILWAUKEE, Wis. – February 1, 2016 – TRC Global Mobility, Inc. (TRC) is pleased to welcome two additions to the company’s management team.
Craig joined TRC as Director of Expense Management and assumed responsibility for TRC’s expense management department. Craig comes to TRC with 13 years of relocation expense expertise and leadership, working as Client Financial Services Manager and Director of Expense Services at several relocation management companies. One particular focus will be client financial set-up and management.
Brad Bianucci, CRP, joined the TRC team in the newly created role of Supplier Relations Manager. Brad has a broad relocation background spanning nearly 15 years, including counseling, account management, implementations/consulting and supply chain management. Brad has also authored several articles for Worldwide ERC’s Mobility magazine. Brad will be assessing TRC’s supplier management practices, forging new relationships and managing our suppliers to agreed service level agreements.
We all know that kids have feelings too, and when it comes to a corporate relocation, unless they are babes, their world is going to be shaken up a bit. The parents’ role in transitioning their children to a new environment is critical, and begins before the move. What follows are TRC’s six suggestions for smoothing out the often bumpy road of a family transfer. (more…)
According to a new report from Knight Frank, a global property agent based in England, finding the right school is the biggest challenge for relocating families, whether they are moving around the world or only 100 miles away. The kids are leaving their friends and extended family behind, and no matter how excited they are about the move, they are still facing some very challenging hurdles: fitting in and making new friends while doing well in their new school. (more…)