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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.


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Why ESG Matters in Modern Mobility Programs

Environmental, Social, and Governance (ESG) criteria are becoming increasingly crucial in the corporate world, shaping how companies operate and make decisions. In the realm of mobility programs, ESG principles play a vital role in ensuring that relocation and mobility practices are sustainable, ethical, and transparent. Embracing ESG in mobility programs not only helps companies meet regulatory requirements but also enhances their reputation, attracts top talent, and drives long-term success.

Supporting Diversity and Inclusion through Relocation

In the contemporary corporate landscape, diversity and inclusion (D&I) are pivotal to fostering innovative and dynamic workplaces. At NuCompass, we recognize that our relocation programs can play a significant role in supporting these efforts. By embedding diversity and inclusion into our supplier selection process and prioritizing veteran-owned and diverse suppliers, we ensure that our operations not only enhance business efficiency but also contribute to broader societal equity.

The Benefits of a Comprehensive Relocation Policy Review

In today’s dynamic business environment, ensuring that your relocation policies are up-to-date and aligned with industry best practices is essential. NuCompass Sr. Director, Client Relations, Carol Ordway, says, “Regular reviews of your relocation policies can yield significant benefits, ranging from cost savings to improved employee satisfaction.” Let’s explore why it’s crucial to conduct regular policy reviews and offer guidance on how to do so effectively with insights into exception management and the advantages of using advanced tools like NuCompass’ CoPilot® technology.