Annual research shows that organizations continue to leverage relocation to fill talent gaps.
By Debbie Bolla
For organizations aiming to have the right person in the right role at the right time, mobility programs can provide a valuable opportunity to fill key skill gaps. And these programs also benefit the workforce; relocation offers employees the chance to develop additional skills and gain sought-after experience. Companies are adopting a variety of approaches to relocation, often driven by market factors. For example, many are considering short-term assignments, international transfers, and rotational programs to hit their business goals.
View the top-rated relocation program providers in the industry.
By The Editors
HRO Today’s Baker’s Dozen Customer Satisfaction Ratings are based solely on feedback from buyers of the rated services; the ratings are not based on the opinion of the HRO Today staff. We collect feedback annually through an online survey, which we distribute to buyers directly through our own mailing lists and indirectly through service providers. Once collected, response data for all providers with a statistically significant sample size are loaded into the HRO Today database for analysis.
Economic transitions in Asia are influencing the duration and destination of relocation assignments.
By Michael Switow
The days of relocating professionals and their families overseas on two-to-three year contracts with housing, education, and other allowances are certainly not over, but they are waning.
Short-term relocation assignments are emerging as a strategy to keep younger workers engaged and loyal to the organization.
By Marta Chmielowicz
Globalization is raising the bar on mobility. As technology strengthens economic and intellectual connections across the world, leading multinational companies are looking to develop a new generation of leaders with a global mindset and multicultural experience.
With Barry Morris, CEO of CapRelo
Aligning data analytics with organizational goals and objectives are the foundation of a successful global mobility management program. Putting reliable data analytics and reporting processes in place will help organizations use the data to make actionable business decisions. Here, Barry Morris, CEO of CapRelo, shares best practices to leveraging data reporting and the impressive results that come along with it.
Strategies to help ease the anxiety that often comes with a company-wide relocation.
By Lisa Mendelsohn
For many employees, the thought of their company moving to a new location can be terrifying. So many questions race through their heads: What does this mean? Is my job in jeopardy? What about my family? My spouse? My kids? This is a very human and normal reaction to such an announcement, and it happens more often than not. It boils down to human nature and the fear of ambiguity. What can HR leaders do to mitigate the worry and make the process of a company move less stressful for employees?
Innovative technology advancements are changing the global mobility landscape.
By Simon Kent
A recent report from the RES Forum shows that there is still huge untapped potential for the use of technology in aiding global mobility. The report suggests that areas such as pre-assignment support, payroll processes, and repatriation could all benefit significantly from digitalisation. The report’s author, Professor Benjamin Bader, senior lecturer in international HR management at Newcastle University Business School in the UK, says the sector is only just beginning to adopt technology and the future of the function is still up for debate.
Harnessing the power of data is leading to better decision-making and improved employee satisfaction to boot.
By Debbie Bolla
Global mobility has traditionally been a costly investment for organizations. In fact, according to Urban Bound, it costs more than $97,100 to relocate current employees who are homeowners and nearly $73,000 to relocate new hires who own homes. But in a tight labor market where talent is often a key differentiator, can organizations put a price on having the right person in the right role at the right time? That’s a tough question to answer, but luckily data is easing the cost implications of relocation while delivering additional insight into employee satisfaction, productivity, and retention.
HR can earn an advantage when understanding the living preferences of the younger generation.
By Michael Switow
For organisations looking to hire millennial talent, which Asian cities are the best—and worst—places to base company operations?
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