Global Employee Relocation is the practice where the employer of an enterprise moves their staff or employee from one company to another – simply, the relocation of in-house staff.
Relocation decisions by employers can stem from various reasons, may it be management resolutions or skill allocation to enhance the productivity of the company. This may include long-term relocation that may apply to inter-country or inter-continent transfers – a wide practice employers exercise that, when managed well, boosts their company’s performance towards global mobility.
The failure to provide sufficient support during this relocation process may render higher costs and expenses towards the employee, as well as suffering the possible result of low retention rates by the company.
Elements that You Need to Consider
When relocating in-house employees, there are a lot of factors an employer must consider before going through the process – this is not just an impulsive move-to-move practice, but a decisive integral decision one must weigh in.
Here are some of the common elements an employer must consider first before going through the relocation process – take note that these are only one of the common issues that come up when deciding to relocate an employee – once a company decides to accomplish the relocation process, attached to it are personalized requirements that would cater their decision.
| ELEMENTS OF GLOBAL EMPLOYEE RELOCATION |
| Language and Cultural Training & Adaptation |
| Employee Wages and Benefits |
| Airfare for International Relocation (for inter-country and inter-continent relocation) |
| Daily Living Expense – Tax Expense |
| VISA, Work Permits and other necessary paper-works |
| Transportation Services |
| Housing Assistance |
| Human Resource Management (New Market Environment) |
| Vehicle Assistance or any Rental Assistance |
Significantly, an employer must be adequate enough to support the employee during the relocation process – as poor support may render poor service and dissatisfaction from the relocated employee, especially when the planning is done poorly.
Quick Advice when deciding to Globally Relocate
Additional to the basic needs and costs it requires, Global Relocation is an overwhelming step for employees. It is best to give them time to settle in first and have a good-view of what’s to come – as noting this again, proper support can go a long way, productivity and loyalty wise.
Always keep in touch and ask for updates with the relocated employee, good and consistent feedback can both benefit the employer and the employee. To that being said, sending and relocating skilled employees to a new location will both require the employee and employer to work together to accomplish success.
It’s Cost – Is your Company Ready?
It is a common notion that everything comes with a price, to boot, with Global Relocation comes its expenses.
Following this notion, it is important that the company who is going through the relocation process would not overspend or underspend – striking the balance with cost management. Typically, company relocation processes come with four (4) different packages that would best suite a given situation – through properly organized benefit relocation packages, this would attract great commitment and productivity from employees.
| Benefit Package | What it Offers |
| Lump-Sum | This package offers that the employer will provide a fixed amount of money that is sufficient enough to cover expenses throughout the relocation process. |
| Reimbursement | This package uses the “pay and reimburse” method, where this package makes the employee pay for all the costs and fees incurred during the relocation process, then the employer will reimburse it. |
| Direct Billing | This package makes use of a “moving company”, where all the costs and expenses incurred are directly billed to the employer. |
| Outsourcing Relocation | This package uses a “third-party company” that would handle the employee’s relocation process (i.e., HR services, legal services for paperwork and, etc.) |
Learn more about our Global Employment Relocation Service or we can schedule a free consultation to help us learn more about your business requirements. Get in touch with one of our sales representatives at +639772415709.