Relocation News and Trends
NuCompass keeps you up to date with the latest relocation trends and mobility news.
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Overcoming Challenges Series: Enhancing Employee Experience & Mobility Goals (Part 3)
The success of a global mobility program depends not only on the smooth execution of logistical elements but also on how well the experience aligns with the needs of the employees and the overarching goals of the organization. In this final part of our Overcoming Challenges series, we explore four critical areas: housing and cost of living adjustments, spouse and family support, aligning mobility strategy with business objectives, and retaining talent post-relocation.
Overcoming Challenges Series: Supporting Cultural Integration and Employee Well-Being (Part 2)
Relocating to a new country is more than just a change of address—it’s a transition into a new way of life. While the logistical aspects of global mobility are critical, the success of an international assignment often hinges on how well employees and their families adapt to their new cultural environment and maintain their well-being. In this second part of our Overcoming Challenges series, we will explore the importance of supporting cultural adaptation, surmounting communication barriers, and ensuring employee mental health and well-being during relocation.
Overcoming Challenges Series: Navigating Legal & Financial Complexities in Global Mobility (Part 1)
In today’s globalized world, the movement of employees across borders has become increasingly common. However, with this growing trend comes a host of legal and financial challenges that global mobility teams must navigate. In this first part of our “Overcoming Challenges Series,” we will explore three of the most pressing issues in global mobility: navigating complex immigration laws, managing tax compliance across multiple jurisdictions, and tracking relocation expenses.
Advantages of Choosing Vetted Relocation Suppliers Over Internet Deals
In today’s fast-paced, digitally driven world, it’s tempting to turn to the internet for quick solutions. With a few clicks, you can find a number of relocation and moving suppliers promising the lowest price or the best deal. However, relying on unvetted online suppliers can be risky for your transferring employees. Let’s highlight why choosing vetted suppliers offers significant advantages in terms of performance, pricing, coverage, and partnership.
Employee Relocation During Economic Uncertainty
In times of economic uncertainty, businesses face the challenge of managing costs while maintaining essential operations. One area where this balance is crucial is employee relocation. During such periods, companies must navigate the complexities of moving employees efficiently and cost-effectively. Implementing strategic insights and innovative solutions, such as NuCompass’ CoPilot Express™ platform, can help manage relocations effectively, ensuring business continuity and employee satisfaction.
Why ESG Matters in Modern Mobility Programs
Environmental, Social, and Governance (ESG) criteria are becoming increasingly crucial in the corporate world, shaping how companies operate and make decisions. In the realm of mobility programs, ESG principles play a vital role in ensuring that relocation and mobility practices are sustainable, ethical, and transparent. Embracing ESG in mobility programs not only helps companies meet regulatory requirements but also enhances their reputation, attracts top talent, and drives long-term success.
Supporting Diversity and Inclusion through Relocation
In the contemporary corporate landscape, diversity and inclusion (D&I) are pivotal to fostering innovative and dynamic workplaces. At NuCompass, we recognize that our relocation programs can play a significant role in supporting these efforts. By embedding diversity and inclusion into our supplier selection process and prioritizing veteran-owned and diverse suppliers, we ensure that our operations not only enhance business efficiency but also contribute to broader societal equity.
The Benefits of a Comprehensive Relocation Policy Review
In today’s dynamic business environment, ensuring that your relocation policies are up-to-date and aligned with industry best practices is essential. NuCompass Sr. Director, Client Relations, Carol Ordway, says, “Regular reviews of your relocation policies can yield significant benefits, ranging from cost savings to improved employee satisfaction.” Let’s explore why it’s crucial to conduct regular policy reviews and offer guidance on how to do so effectively with insights into exception management and the advantages of using advanced tools like NuCompass’ CoPilot® technology.
The Role of Relocation in Talent Acquisition and Retention
In today’s competitive job market, attracting and retaining top talent requires more than just a competitive salary. A comprehensive relocation program can be a pivotal tool in not only enticing first-choice candidates but also ensuring their long-term retention. Here’s how a robust relocation strategy can enhance your talent acquisition and retention efforts.
Technology Solutions for a Seamless Relocation Experience
Relocating employees, whether domestically or internationally, is a complex process that requires meticulous planning and execution. NuCompass has revolutionized this process with its technology solutions, CoPilot® and CoPilot Express™, designed to streamline and simplify every aspect of relocation. Here, we explore the unique features and benefits of each platform, highlighting how they cater to different needs within the realm of employee relocation.