If you’ve ever moved, you know that relocation can be a complicated process with a lot of moving parts and details to keep track of. For businesses managing employee relocations, the work can quickly become an overwhelming and unmanageable task that eats into your bottom line.
Because relocation benefits are a key way to strengthen your retention and recruitment strategies, tossing the responsibility of managing moves back to employees isn’t necessarily the best way to achieve an efficient relocation. Instead, take the time to flesh out a policy that benefits your employees and makes relocation management simpler for your team. Here’s how you can adjust your approach and achieve an efficient relocation:
Starting from scratch every time an employee relocates can cause unnecessary stress for everyone involved and even inflate your budget for the move. Developing a standardized, corporate relocation program can make the process more clear and consistent. This also helps remove the guesswork for your team and the moving employees alike, giving everyone a single reference point that covers every aspect of the process and addresses questions before they arise.
When developing acorporate employee relocation program, no detail is too small. Here are some things your policy should address:
To create the most effective policy for your organization, it’s important to get input from the different departments involved with employee relocations. This is an opportunity for the procurement and HR teams to come together to develop a policy that benefits employees, simplifies the process and keeps the budget in mind.
Beyond developing a written policy internally, it’s important to provide clear, comprehensive information to your relocating employees from the get-go. More communication upfront means fewer questions and less confusion down the line – saving you and your employee time and stress.
There’s no such thing as too much communication. To ensure your employees have the information they need and something to reference throughout the process, communicate relocation details verbally and in writing. You should also assign a point of contact for any questions to keep employees informed.
When developing a corporate relocation program, it's always best to be as detailed as possible. Creating detailed guidelines about the resources, support tools, and financial compensation packages will make the experience less stressful for everyone involved. It will also reduce back-and-forth communication between employees, your HR team, and the relocation coordinator, which will help eliminate workplace distractions.
When choosing an outside corporate relocation partner for employee relocations, work smarter, not harder. Rather than juggling multiple vendors, work with a relocation provider who can do it all under one contract. Not only can this help you achieve an efficient relocation,but working with a strong relocation provider gives you access to professional insights, quality, comprehensive support and a simplified line item in your budget that makes planning the financial aspect of your program less of a headache.
Working with one vendor also helps to ensure that each of your employees receives a consistent experience and reduces the likelihood of unexpected costs, scams or differences in service quality.
For 95 years, Allied has been cementing our status as a leader in corporate and household moves. Our team is ready to provide you with the service and expertise you need to best support your employees. Learn more.
Ready to optimize your corporate relocation program? We're here to help. We've gathered a list of frequently asked questions you can use to enhance your offerings and find a trustworthy corporate relocation vendor to help implement your policy.
A corporate relocation policy should include detailed guidelines about reimbursement policies, preferred corporate relocation vendors, and financial assistance programs. It should also have moving timeline details and information about the additional assistance available throughout the transition.
Clear communication will help you maintain transparency and improve employee satisfaction. The clearer you are about policies and guidelines, the less confusion there will be throughout the transition. It will also ensure your employees fully utilize all resources available throughout the relocation process.
Working with one preferred corporate relocation provider can help streamline the entire transition. You'll have a single point of contact you can rely on to address concerns, manage costs, and oversee the moving timeline. This will help streamline productivity, improve communication, and ensure everything is handled for your employees.
Allied Van Lines is a top-rated corporate relocation moving company with hands-on experience helping businesses with local, long-distance, and international relocations. We're here to help you standardize your processes and provide your employees with hands-on support through every phase of the transition.
If you have a tight budget for employee relocation services, consider a capped allowance financial assistance program. Moving costs are easiest to predict and budget with this approach.