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Employee relocation is a critical component of an effective talent management strategy. Keep your organization moving with NuCompass’ trusted global mobility services and technology.
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.
Latest Blog Posts
How COVID is Changing Talent Mobility
In a recent article, published in HR C-Suite, Frank Patitucci discusses the questions corporations should be asking now about relocation policies. Under pandemic conditions, it's not easy to get the right talent in the right location. It's important to adapt your relocation programs to ensure employee safety and support, while providing cost-efficient results for your company.
Key questions to ask include:
Presidential Proclamation 10014 and Impact on Relocation
On June 22, 2020, in response to the pandemic's economic impact, President Trump issued a proclamation that suspended the entry of new H-1B and H-2B, L-1A and L-1B, and J-1 nonimmigrants and their spouses and children, with limited exceptions. The proclamation took effect on June 24 and will expire on December 31, 2020.
New Article: “4 Key Considerations for Relocation Today”
NuCompass CEO, Dave Marron, writes about key strategies for getting talent mobility back on track as companies begin to re-open and get employees safely back into the office. But, what about the people you need to relocate?