Control Your Bottom Line with Exception Management
Understanding the true cost of exceptions can help you manage your bottom line costs for your relocation program. In a NuCompass survey, corporations were asked to identify the three biggest challenges in their job related to employee mobility, and the answers were: cost management, exception management, and ensuring a competitive mobility program. Clearly, cost management, […]
Sample Relocation RFP Questions
When constructing a Request for Proposal for relocation services, it’s helpful to know why certain questions are important when evaluating supplier responses. The following are questions you can consider when constructing a Relocation Request for Proposal (RFP). In addition to the question, we provide the context for why the question is important, as well as […]
Key Points in Evaluating Relocation Technology
Evaluating the technology offered by Relocation Management Companies can be a difficult task for a corporation evaluating Request for Proposal responses. Relocation Management Companies (RMCs) have varying capabilities and sophistication in the technology that they offer to their clients and relocating employees. In addition, some RMCs own and develop their own proprietary technology, while others […]
Evaluating Relocation Business Models
When evaluating Relocation Management Companies, it’s important to understand business models and how the structure of the organization can affect service delivery. There are three common Relocation Management Company (RMC) business models in today’s marketplace: 1. Real Estate Company OwnedIn the most prevalent business model in the industry, the RMC is a subsidiary of a […]
Developing a Relocation Request for Proposal (RFP)
Developing a Request for Proposal (RFP) for relocation services is not an easy task, particularly if your Procurement Department has limited experience in relocation. The relocation industry can seem complicated in terms of Relocation Management Company (RMC) structure, revenue streams, technology innovation, supplier relationships, office locations, and service capabilities. The following are key areas to […]
APICTS Test for Relocation Mobile Apps
The APICTS Test can help HR and procurement to evaluate and compare mobile app technology offered by Relocation Management Companies. As mobile apps develop in the relocation industry, it’s challenging to evaluate the quality and content of the various apps for particular users. The APICTS Test is a framework for helping HR and procurement groups […]
Risk to UK Firms After Brexit
Related to recent changes after Brexit, there can be significant risk to UK firms if passporting rights are lost. Worldwide ERC recently provided information to its membership that there is a “significant risk” to UK firms if passporting rights are lost after Brexit. Passporting allows UK authorized firms, banks, and fund managers to conduct business […]
EU Approves Privacy Shield Data Agreement
Read the latest update on EU Privacy Agreements. On July 12, 2016, the European Commission approved the adoption of the Privacy Shield data agreement covering the transfer of personal data from the EU to the United States. This agreement replaces the Safe Harbor data agreement which was invalidated last October by the European Court of […]
Mexico City Auto Use Restrictions
Get the latest update on auto use restrictions in Mexico City. Source: Dwellworks Our partners, Dwellworks, provided the following information on the Mexico City automobile restriction policy, Hoy No Circula set forth by the Mexican government. The program aims to improve overall air quality by restricting vehicles permitted on the roadways. Due to a significant […]
Square Peg / Round Hole: Relocation Policies
Most companies use relocation policies based on certain qualifiers when moving their employees. But, what happens when an employee doesn’t easily fit into a policy slot? Most employers spend significant time developing policies designed to facilitate relocation for their organization. These relocation policies are typically designed around specific qualifiers such as new hire vs. current […]
