Relocation News and Trends

NuCompass keeps you up to date with the latest relocation trends and mobility news.

 

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.

Charting the Course: Talent Management in 2024

As we navigate the complexities of global talent management, reflecting on the pivotal shifts of the past year offers valuable insights for the future. The year 2023 witnessed the ascendancy of managers and the dawn of generative AI, setting the stage for transformative changes. Looking ahead to 2024, talent leaders brace for new challenges and opportunities amidst an evolving landscape. Let’s explore the transformative trends of 2023 and their implications for talent strategies in the coming year amid ongoing change and uncertainty.

CoPilot Express: Elevating Duty of Care for Employers

In the ever-evolving landscape of business, companies are constantly seeking ways to attract and retain top talent. Many companies are turning to lump sum payments for employees due to cost control and ease of implementation. However, the lack of support and guidance during this process can pose significant challenges for employees, especially when faced with tight deadlines and unfamiliar territories. Enter CoPilot Express, a game-changing solution that not only empowers companies to exercise an elevated "duty of care" but also ensures a seamless relocation experience for their team members when offering a lump sum payment.

HR 1568 Bill Passing: Moving Americans Privacy Protection Act

In the ever-evolving landscape of global employee mobility, safeguarding sensitive data during relocations has become a paramount concern. Recent legislative strides, exemplified by the Moving Americans Privacy Protection Act (MAPPA), are thought by experts to signal a transformative approach. Let’s discuss the background, specifics of the bill, and potential ramifications for the global mobility of transferees.