When it comes to staff migration, your firm has two options: manage the relocation yourself or hire a corporate relocation company. While some businesses may choose to handle the process in-house, there are various benefits to employing a corporate relocation firm. The right real-estate corporate relocation companies can mean the difference between a smooth transition and a total disruption of your daily routine. Let’s look at some of them.
What Is a Corporate Relocation Company?
A corporate relocation company is a corporation that focuses on transferring employees and their families. They have extensive experience with large-scale relocation, with dedicated teams of professionals handling everything from planning and packing to transportation and unpacking at the new location.
These organizations may assist with almost every aspect of a move, including finding a new house, selling an old property, interim accommodation, storage, transportation, and insurance claims. Some businesses provide extra services such as pet transportation or assistance with school registration and medical bills.
Why Use Relocation Services
A number of factors influence the decision to outsource relocation logistics. The following are some of the reasons why businesses provide relocation services and hire a relocation company to establish, implement, and maintain a relocation policy:
#1. Business growth opportunity
Many businesses gain from an employee’s move. For instance, if they are opening a new location in a new city and require a dependable employee to help drive new revenue.
#2. Keep valuable employees
If a high-performing employee displays a desire in relocating to a different area and you don’t want to lose them as an employee, you could give relocation benefits to keep them from resigning formally.
#3. Attract out-of-state candidates
Some openings, such as executive or highly specialized positions, will need you to seek beyond your immediate market for candidates. If you locate the ideal applicant outside of the state, you can add relocation services as part of their benefits package.
#4. Reduce your HR team’s workload
HR departments are usually in charge of managing an employee’s relocation benefits. Consider utilizing a relocation company to manage everything for you and your migrating employee(s) to relieve their workload and allow them to focus on their other tasks.
#5. Leverage cost-savings
Corporate relocation companies have partnerships with a wide range of service providers, including real estate brokers, moving firms, and freight services, among others. Because of these connections, they are often able to obtain savings that they may subsequently pass on to you, providing you with more cost-effective moving options.
#6. Expand benefits
You may distinguish yourself from the competition and attract top personnel by providing relocation benefits in addition to other employee benefits. Furthermore, if you can assist employees in relocating, you are more likely to retain them.
Top Corporate Relocation Companies
When it comes to relocating staff, the process might be intimidating. That is why some companies prefer to outsource the details to a corporate relocation firm. Choosing the best corporate relocation company can be difficult as well, which is why we have taken the time to highlight the top among the hundreds available. They are as follows:
#1. Aries
Aries understands that a sound plan is the foundation of a successful migration. This is why they assign an expert to each of their clients, whose job it is to understand all of their issues before developing and executing an appropriate relocation strategy.
Aires provides a full relocation solution for national and international firms looking to relocate a single employee or their entire headquarters.
A relocation export is assigned to an employee and serves as their human point of contact throughout the transfer. However, its MobilityX app, which assigns and tracks tasks, deadlines, and expenses during the migration, is the main point of contact. Employers and employees can log spending, check off completed actions, and communicate in real-time via customized interactive dashboards on the app.
#2. Graebel
With relocation managers and supply partners all over the world and a service presence in over 165 countries, Graebel offers consistent, high-quality services you can rely on no matter where you are.
Graebel provides a highly customizable and easy-to-use corporate relocation service. Depending on the client’s selected management style, the Graebel globalCONNECT user dashboard is as accessible and extensive as they choose.
The CitySwitcher service, which offers access to multiple service providers and relocation solutions via the Shyft app interface, assists in relocating employees. Every move also receives a dedicated moving coach and 24-hour help.
#3. Cartus
Cartus’ services are supported by cutting-edge technology and decades of experience, guaranteeing that your domestic transferees and foreign assignees have the finest possible relocation experience.
Cartus provides complete corporate relocation solutions based on the preferences and goals of the moving employee. Their MovePro360 program automatically adjusts timelines based on their extensive moving experience and predictive analytics.
Their system facilitates communication between relocated employees and their organization. It also provides tracking through a client dashboard, alerting relocation managers when sentiment scores or missed deadlines endanger the move. Employers can act and assist in real-time as a result of this.
#4. Altair Global
Altair Global relieves you of the administrative burden by serving as your single point of contact and successfully arranging everything from start to finish, allowing you to focus on the more strategic aspects of your job.
Altair Global provides a thorough and data-driven customer relocation solution, beginning with a cost estimate to ensure viability. Their mobility management services include both the actual requirements of relocating personnel (housing, flights, and carrying goods) and administrative procedures like tax compliance and immigration. Their STAR portal technology is used for tracking and reporting.
Altair Global solutions are adaptable, allowing for the transfer of both individuals and entire enterprises. They also provide temporary assignments and rotational staff placement.
#5. Atlas Van Lines
Atlas Van Lines is well-equipped to manage all types of relocation needs, thanks to its tools, resources, and more than 70 years of experience in domestic and international mobility.
Atlas Van Lines’ global network of relocation agents provides a comprehensive relocation solution that includes local, long-distance, and international moves of any size. Flights, lodging, and transportation for the family are also handled by their specialist travel firm, Atlas World-Class Travel.
Atlas Van Lines moves are fully customizable and trackable via their Movr online interface. This is one of the corporate relocation companies that connect to other components of a move, such as real estate agents. Corporate clients can designate a budget for relocating personnel, who will then deal directly with an allocated relocation consultant at either end of their journey.
#6. SIRVA
Sirva provides a client-focused corporate mobility solution. They are one of the few relocation organizations with a global network that brings together owned resources for relocation, moving, immigration, and more.
Sirva is a comprehensive corporate mobility solution that includes commercial movements and staff relocations. Their services include domestic and international relocations in 190 countries, as well as the support services required by employees at the point of origin and destination.
Although Sirva provides consultant help 24 hours a day, seven days a week, its Connect+ platform and iMOVE lump sum service app enable a self-managed, customizable employee experience. Connect+’s HR Platform provides mobility managers with an overview and in-depth tracking solution.
#7. Xonex
XONEX combines technology with individualized customer service to ensure that every relocation project runs quickly and efficiently. Each client receives a tailored plan based on their budget and requirements.
XONEX offers comprehensive local and international relocation services, including help at both the transferee’s origin and destination.
With over 1300 service partners in 130 countries, they provided customized solutions as well as simple mobility technologies. To monitor and manage individual relocations, the Gateway web-based system provides distinct dashboards for corporate clients and transferees. Furthermore, through the employee’s mobile device, the MyXONEX mobile app allows live tracking and connections to a relocation service manager.
How Do I Choose a Relocation Company?
As a business owner or manager, you must carefully select your corporate relocation company. There are various aspects to consider when choosing a service provider based on your individual needs.
#1. Type of Services Offered
When selecting a relocation firm, the first thing you should consider is the services they provide. Some companies simply handle specific aspects of the corporate relocation, but others handle everything from packing to unpacking and rearranging your furniture in your new house. For example, if you intend to do the majority of the moving, a full-service firm may not be necessary.
Check to see if the firm you want is licensed to provide local or long-distance moving services. This will save you time when looking for a reputable mover.
#2. Experience
You want a company with the skills and resources to assure the safety of your equipment, goods, and employees during the transfer. It’s also a good idea to hire a firm with locations all over the country, so they’ll know how to get your belongings to your new address.
You’ll also need a company that’s easy to work with and can tailor its services to your organization’s specific requirements.
#3. Licensed and Insured
A critical need is that the firm you’re considering is licensed for interstate movements and adequately insured against any accidents that may occur. Check the company’s website or call their office directly to see whether they are certified by any major industry associations. If something goes wrong, you don’t want to be left holding the bag.
#4. Excellent Reputation
You want to know exactly what kind of service you’ll get before you sign up for it. Asking friends and family for referrals is a terrific approach to identifying movers who have earned the trust of others. You can also look up reviews online and contact the Better Business Bureau for any relevant information on the businesses you’re interested in.
#5. Cost
Obtaining quotations from a few different organizations is another key step to consider when looking for a corporate relocation company. Many businesses provide corporate relocation services on a local, regional, or nationwide scale. Discuss your requirements properly with each firm so that they can provide an accurate estimate of moving prices.
What Corporate Relocation Companies Cost
Relocation businesses charge a variety of costs that differ from one another. They will first charge you a fee for developing and managing your relocation program. Packages have ranged from $2,000 to $100,000. What goes into your charge is determined by the relocation strategy you develop and the cost selections you make. Will you, for example, simply compensate an employee for moving expenses, or will you outsource the full moving procedure to a relocation company? Do you intend to fund the entire cost of the relocation or only a portion of it?
Other fees you might be charged include referral fees for relocation real estate agents or freight companies, for example; non-compliance fees for services not covered by your relocation policy or contract; cancellation fees; and more. When speaking with corporate relocation companies, make sure you obtain a clear picture of all fees that may apply to your company.
What Companies Help You Move Abroad?
North American Van Lines is the most professional international moving company we’ve come across. North American Van Lines, unlike some organizations that just provide transportation services, can also fulfill your international storage needs.
Do Relocation Companies Negotiate?
Wait until your old house has been sold or is under contract – real estate agencies often do not want any stipulations on the transaction. You should expect to pay the whole asking price. Negotiating a cheaper price on these houses is difficult, especially if other bidders are interested.
How Much Is a Typical Relocation Package?
The total cost and figures vary based on the individual and their package, but payments are normally between $2,000 and $100,000.
What Is a Generous Relocation Package?
A large relocation package will cover all moving costs and give employees plenty of time to select their new home. This involves locating movers to assist with your employee’s relocation, as well as providing packing and unpacking services and shipping vehicles.
Can I Hire Someone to Help Me Move Countries?
One advantage of hiring full-service international movers is that they can assist you in obtaining the necessary papers and customs clearance for shipping your goods to another country. If you don’t have time to handle all of the necessary paperwork for your move, you’ll need to hire an international mover.
Do International Moving Companies Pack for You?
Yes, the organization can assist you with comprehensive packing and guide you through the more challenging aspects of an international move, such as customs clearance. Auto transport is available in addition to moving home goods internationally.
How Do I Get a Job Before Moving to Another Country?
The following are the steps to finding work in another country:
- Choose the type of work you want.
- Choose the country where you want to work.
- Find a career that interests you.
- Request a visa or work permit.
- Make your resume more local.
- Apply for the position
- Various languages
- Interviews that are out of the ordinary.
Conclusion
For both you and your transferring employee, relocation costs can mount up. Furthermore, managing employee relocation can place a significant strain on your human resources team. Relocation solutions, fortunately, can manage your local and global relocation needs as well as give expert advising services to guarantee your employees have a smooth transition to their new places. Thank you for taking the time to read our guide.
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- RELOCATION PACKAGE: Benefits and All You Should Know
- RELOCATION ASSISTANCE: What It Is and All You Need to Know
- RELOCATION PACKAGE: Definition, Examples & Negotiation
- OFFICE RELOCATION: Top Relocation Companies In 2023
- RELOCATION: Meaning, Package & Services
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