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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
SURVEY RESULTS: Impact of COVID-19 on Workforce Mobility
NuCompass recently conducted a Flash Survey to identify the business and economic impacts of COVID-19 and highlight the implications for global mobility. The survey results are now available: FLASH SURVEY RESULTS.
The business community across the globe is experiencing extraordinary, unprecedented impacts resulting from the global COVID-19 pandemic. The impact is not limited to normal business activities, as it is also having a significant effect on global mobility events and activities.
National Disaster Declaration & Impact on Mobility
The recent national disaster declaration by President Trump triggered provisions of IRS code 139, which allows employers to make disaster relief payments tax-free. This may impact certain relocation expenses that may be considered non-taxable.