How Much Do You Know About Relocation?
Exceptions, or expenses that were not originally intended, can impact your company’s annual relocation spend. What's the average amount spent on exceptions in a typical relocation program?
That’s right!Sorry, you’re incorrect! The average amount spent on exceptions is typically 12.5%.*
If your company is spending more than 5% of its total relocation spend on exceptions, it’s time to take a look at your program.
*Results based on a recent NuCompass study conducted to investigate the effect of exception spend on total program costs.
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Relocation Technology on the Move
NuCompass' Chairman, Frank Patitucci, is quoted in the article, "Tech on the Move", in the September 2017 issue of HRO Today Magazine. The article, written by Christa Elliott, takes a look at how new technology advances, including virtual reality and artificial intelligence, will impact the global mobility industry.
Do You Know Where Your Global Assignees Are?
A few decades ago, there were public service announcements on television that aired each night with a simple message: “It’s 10PM - do you know where your children are?” The message was provided as a reminder that parents should be aware of the location of their children with the idea that late at night, they should be safe at home. There is an application in that message for employers – particularly as concepts such as “Duty of Care” for employees is becoming a topic to consider and political environments around the globe are rapidly changing.