What Companies with Low Relocation Volumes Need to Know About Mobility
Published: Tuesday, August 20, 2019
Relocation represents a significant investment, often up to three times the salary of the individual being moved depending on the move type, so whether a company moves two or 2,000 employees per year, it pays to approach mobility efficiently. Unfortunately, decision makers at companies that manage a low volume of moves per year are often unaware of the trends and best practices that would guide sound mobility strategies. In addition to causing unnecessary losses of time, profits, and productivity, inexperience and knowledge gaps can result in a level of frustration and stress that could have otherwise been avoided. This paper explores the benefits of well-managed relocations, basic concepts associated with workforce mobility, guidance on designing quality mobility programs on a budget, and why mobility partnerships can be a wise choice, particularly for companies that deploy a low volume of relocations, annually.