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Complexities of Employee Relocation

By
Real Estate Broker/Owner with Lavell Realty, LLC 0515179

Technology has dramatically changed the speed of business.   It has enabled global openness.  Its knowledge based workforce has become a capital asset.  Deploying such talent to the right place and project has become a never ending challenge.  

The relocation of corporate families has always been a time consuming and often frustrating experience for corporations and their employees.  Relocation is just one of the responsibilities of a Human Resources Department and requires extensive knowledge of everything from Real Estate, to Moving and Storage, to Relocation Tax Implications.

The Partnering of Professionals

Many corporations outsource their relocation management to reduce fixed costs, while adding specialized skills and geographic expertise.  The goal is to maintain productivity, employee loyalty, control costs and ensure a smooth transition for the employee.

Relocation management companies provide the employee with a single contact (Relocation Specialist) to assist the transferee with all aspects of their relocation.   The specialist will review the corporate relocation policy with the employee, contact the movers, realtors, temporary housing providers, as well as, answer questions or concerns that the transferee may have about their relocation.   Each relocation is unique so the Relocation Specialist will review the individual needs of the transferee and their family to make sure nothing is overlooked.

The Relocation Company works with partners at origin and destination that can best meet the needs of the transferee.  Communication is imperative between the service partners and the relocation company to make sure everything goes smoothly for the transferee.  One small change such as a closing date being delayed by one day can create issues for everyone.  Good communication can alleviate delays, frustration and stress for the transferee.  The transferee needs to be focused on their family and their new job in their new location.

To learn more about relocation services, email us at linnea@lavellrealty.com