Relocation Coordinates International
For more than 30 years, Relocation Coordinates International has been providing the finest global relocation services to clients of varying sizes, industries, and relocation volume. The breadth of our coverage includes the Americas, EMEA, Asia and Pacific Rim. We partner with our clients to design programs that match talent acquisition goals while maintaining the bottom line. Our boutique approach which emphasizes value and a great customer experience is the cornerstone to our success. This is supported by our relocation management platform that offers a seamless integration between our client Human Resources department and financial systems.
Making Sure Your Relocation Goes Off Smoothly. Good Relocation Services Can Take A Lot Of Stress Out Of The Process. Important aspects to consider before embarking on international corporate relocations. Learn more about the role of relocation service providers and their boutique approach to service delivery and employee relocations. Planning Ahead For the Busy Moving Season. Every year, millions of people will have to go through the process of finding a new home and moving.
Oftentimes, they are relocating for their job, with the vast majority moving during the summer months. Summer is an ideal time for many employers to relocate employees because their kids are out of school, work schedules tend to be more flexible and weather conditions are favorable. According to the U.S. Census Bureau, about 33% of all annual inbound moves take place between June and August. How to Successfully Present Relocation Program Budgets to Your CFO. Be Candid About Exceptions, Accruals and Other Possible Drawbacks The relocation process is never 100 percent predictable, and each relocation is as unique as the transferees being moved.
For instance, unlike more prevalent type of home appraisals for mortgages, relocation home appraisals are only valid for a set time period and may be adjusted later. Also, your financial department may not be aware that relocations are not always closed in the year they were initiated. We know these as “accruals” in the relocation industry. Utilizing a relocation management company’s tracking system will guarantee you obtain accurate data on accruals to share with your CFO. 4 Common Mistakes Companies Make When Measuring Mobility Programs. 4.
Ignoring Market Changes The mobility industry is experiencing rapid change. Changing Your Hiring Process Improves Relocations. Make the First Day a Smooth Transition Let each individual who is relocating know the little nuances about your office before their first day.
Mention things such as the details of the dress code, best directions to the office, and a rough schedule of their first day. Be specific and include the exact time you expect them to arrive in the office and if they should bring anything for onboarding such as certain documents for identification. It is also a fantastic idea to have a small gift waiting at the new hire’s work area or desk on the first day.
Attract High Level Talent with These Three Specialty Relocation Services. Personalized Area Tours Another service valued by employees is an area tour customized to their needs.
Many companies find this difficult, especially when multiple employees are relocating to numerous locations. Relocation management teams are trained to seek out compatible Realtors and other professionals to thoroughly present all the new area has to offer. Relocation managers can also provide important details including information on sites for outdoor activities, nightlife, places of religious worship, area demographics and more. Is a Lump Sum Program Right For Your Organization? Relocation Coordinates International. Companies that want to stay ahead of the competition and attract the best available and highest qualified employees will offer an expertly designed global relocation program.
A program that adheres to an industry’s best practices while also staying up to date on constantly changing tax and legal requirements is time consuming and requires expert knowledge, which is why HR departments outsource the process to a relocation management company (RMC). Relying on an RMC, such as RCI, eases the strain of creating and maintaining a competitive relocation program while enabling your HR department to focus on other job duties.
HR roles no longer consist of just arbitrating personnel issues, new hire paperwork and benefits administration. New tasks such as recruiting, training, professional development, rewards and retention are now key responsibilities for HR professionals. Relocation Expertise. Relocation Coordinates Unveils New Look with More to Come. We are pleased to announce the launch of Relocation Coordinates International’s (“RCI”) newly designed website – www.RelocationCoordinates.com.
Our new uncluttered design creates a user-friendly browsing experience which has our clients and their employees in mind. The site is interactive and previews all of RCI’s service offerings and global mobility benefits with streamlined access to our online portal and key features such as: Why RCI: Our Difference, RCI People & Culture, Locations, Domestic Services, International Services, Corporate Services, Knowledge Center, Contact Us and our state-of-the-art Technology. Among the updated components, the site has simplified navigation with drop down menus for both mobile and desktop versions and contains integrated social media buttons to foster improved communication. The TCJA Impact on Employer Gross-Up of Relocation Benefits. The Tax Cuts and Jobs Act (TCJA) has created many questions for mobility professionals as they seek to understand its impact on the relocation industry.
There have been numerous conferences, webinars, phone calls and email exchanges involving the application of the new Federal legislation. Guidance from the government has not covered every question that still plagues the mobility industry and payroll departments which leaves certain aspects of the law left to interpretation. These changes affect relocation management companies, all companies that relocate employees and the transferees themselves. This law has directly affected the relocation policies of most companies and specifically, the gross-up of relocation benefits. The Employee Experience Continues to Rank #1 in Importance. Mobility professionals continue to express that a positive employee experience is ranked #1 in importance to the overall success of a relocation.
Most corporate executives agree with this belief system. They recognize that a global mobility program should be designed to attract and retain top talent and develop future leaders. A seamless employee relocation from origin to destination and assimilation into the workplace has a direct impact on the employee’s engagement, performance, and retention and, ultimately a happy employee. Unmanaged Lump Sum vs. Value Added Lump Sum Program. A relocation program that provides a lump sum payment to an employee, without additional support, can leave your employee feeling disheartened as they embark on creating their relocation strategy and identifying service providers to help them.
An unmanaged lump sum program usually means the employee is expected to plan and manage their own relocation. This task can be daunting, especially if the employee has never relocated before or is unfamiliar with the destination location. Developing a Workplace Strategy: Flexibility. The experience of applying resilience in the workplace has made us more open to change, and proven to ourselves that we can adapt, succeed, and maybe even come out better on the other side. It’s been well over a year since workplaces have had to adapt to the massive changes brought about by the COVID-19 pandemic.
One after the other, new challenges and considerations seemed to have arisen around every corner: furloughs and job transition programs, health and safety in the workplace, mental health supports, and the longer-term impacts of remote work on productivity and connectivity. Even now, with the vaccine rollout in full swing and a return to mostly-normal mere months away, the unknowns are not yet defined and likely not even fully understood. Looking back to last March, HR professionals were worried about the risk of such sudden and dramatic change.
RCI is proud to be Biocom’s sponsor for their 2021 HR webinar series. Employee Relocation Technology - Relocation Apps. Relocation Coordinates International. Supplier Management RCI’s global best-in-class supply chain network includes partners in departure and destination locations with expertise in real estate services, shipment of household goods, temporary housing, immigration and tax services. Our clients benefit from these relationships which are based on merit, performance ratings, competitive pricing, and technology offerings. Continuous review of operating procedures, as well as legal and tax regulations ensure providers are compliant. Relocation Coordinates International. Relocation Coordinates International. Relocation Coordinates International. International Relocation - Global Mobility Provider. International Relocation - Global Mobility Provider. Relocation Coordinates International. Home Marketing Assistance RCI provides home marketing assistance to provide employees the support and expertise required to sell their homes quickly and for the highest possible price.
Realtors are recommended based on their experience, reputation and knowledge of the local market. Relocation Coordinates International. Relocation Coordinates International. Professional Domestic Relocation Services & Consultation. Relocation Coordinates International. Market Leader Provides Overview on Different Stages of Domestic Relocation. Tips to Keep in Consideration During Group Moves. The Assistance to Expect from a Domestic Relocation Service. Departure Services for International Relocation.