Relocation News and Trends
NuCompass keeps you up to date with the latest relocation trends and mobility news.
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Global Relocation: Why School Search Services are Essential for Employees with Children
In today's globalized world, international relocations have become commonplace. However, these moves present unique challenges for employees and their families, especially those with school-aged children. Finding the right school for their children emerges as a top priority accompanying such a transition. Let’s explore how companies can help employees with young children have a more successful relocation experience.
Employee Benefits Trends for 2024: The Top 5 Trends
Attracting and retaining top talent is especially in today's dynamic business environment. The relocation industry organization, WERC, recently published an article with the top five employee benefits trends for 2024 and how these trends can help corporations support their employees: Read NuCompass’ takeaways on the potential impact on relocation.
Spotlight: NAR Settlement
Recent developments in the real estate industry, particularly a proposed settlement of litigation involving the National Association of REALTORS® (NAR), have sparked considerable attention and speculation about impending changes in the landscape of home buying and selling processes. The agreement reached by NAR to resolve nationwide claims related to broker commissions marks a significant milestone in this ongoing saga. For more information on this, see our recent blog post, and a statement released by our industry trade group, WERC.
RFP Scorecard
When evaluating Relocation Management Companies (RMCs), a traditional scorecard evaluates an RMC's baseline capabilities to manage services. However, it can be challenging to determine if they have the capabilities to create a high-value partnership with your organization. Using a “High-Value Partnership Scorecard” can help you identify extraordinarily well-managed RMCs, leading to the selection of a provider that possesses the capacity and vision to provide increasing levels of value to your company year over year.
NuCompass Mobility: 59 Years of Pioneering Relocation Through Technology
This month marks another successful year for NuCompass as we proudly celebrate 59 years in business. Since our founding in 1965, we have been solely dedicated to simplifying the complex process of relocation for companies and their relocating employees. Our journey has been one of innovation, adaptation, partnership, and a relentless pursuit of excellence in mobility management.
Navigating Relocation: The Vital Role of Human Connection
In today's rapidly evolving job market, where skills-based hiring reigns supreme and businesses battle the persistent skills gap, the importance of global mobility in talent management cannot be overstated. As discussed in a recent HR Magazine article, the talent lifecycle encompasses various stages, each crucial for attracting, nurturing, and retaining top talent.
Leveraging Technology for Seamless Employee Relocation
Employee relocations are a critical aspect of modern business operations, often necessitated by the need to optimize costs or tap into talent pools across different regions. In response to the growing complexity of global assignments and diverse workforce needs, organizations are increasingly turning to mobility technology to revolutionize the relocation experience for both employees and employers. Let’s delve into the multifaceted benefits of leveraging mobility technology as we explore the innovative solutions offered by CoPilot Express™ to further enhance the relocation process.
Real Estate Compensation Transformation
In a landscape marked by legal verdicts and industry adaptations, the realm of real estate compensation is undergoing significant transformations. Let’s explore the responses from the relocation industry on the real estate compensation legal suits related to buyer agent commission as discussed by the Worldwide ERC (WERC). Their series provides a comprehensive understanding of the shifting dynamics and implications for Relocation Management Companies (RMCs) and corporations.
US Immigration Challenges and Opportunities
In today's rapidly changing global landscape, the role of immigration in addressing labor shortages and facilitating talent mobility is becoming increasingly vital. As corporate mobility and HR leaders navigate the complexities of employee relocations, staying abreast of immigration policies and developments is paramount. Let’s discuss the challenges and opportunities presented by immigration within the United States.
Changes in Global Mobility: The Rising Prominence of ESG and Sustainability
In recent years, Environmental, Social, and Governance (ESG) criteria and sustainability have surged to the forefront of corporate agendas worldwide, becoming a central focus for businesses of all sizes and industries. Nearly all of the participants in a recent ERC study said that their corporate strategy includes sustainability objectives (Worldwide ERC). Let’s delve into why ESG and sustainability have become such hot issues.