Looking to Control the Costs of Mobility Programs?

Work with Your Employees to Maximize Your Budget

The biggest concern for most organizations’ relocation programs: How much will this cost? It’s not always so easy to figure out, either. The fact is, no two relocations are the same. With differences in household size, families, and distance — there are too many variables for most organizations to get anything better than a range of possible outcomes.

If you ask most employees, they don’t care about certain parts of programs. Renters don’t care about home sale services. And single people don’t care about spouse job search assistance. However, most will probably want all of their stuff to get from point A to point B and help with short-term living accommodations.

Employees: Your Best Partners

Understanding your employees’ needs can help you manage your mobility costs in a number of ways:

• Right-size offerings: If your workforce consists mostly of younger people, you might be offering too much for what they actually need. If you’re primarily relocating high-level managers, you might be severely underestimating what they need. 
• True customization: Each employee may have vastly different relocation needs. Between houses, spouses, and the specific location they are moving to, there can be radically different mobility costs. 
• Better relocation decisions: Relocation is ultimately a business decision that should be weighed by its costs and benefits to the organization and the employee. With a better picture of what’s actually needed, organizations can determine if relocation is actually the right business decision and most cost-effective choice.

Mobility Costs Can Be Controlled

It’s easy to feel hopeless about getting your relocation costs under control. Instead of taking drastic, across-the-board cuts that don’t account for individual needs, you can partner with your employees to understand what costs are essential for you to help them with for their move, while also clearly defining a budget for each relocation.

With new technologies, this can be even easier with automatic cost estimating to help the organization and the employees transparently see the costs and benefits of every part of mobility services.