Celebrating 58 Years!
When a company reaches a milestone like its 58th Anniversary, there is good reason to celebrate. After all, many companies established in the 1960s no longer exist! As we celebrate, we’ve taken a moment to reflect on our ability to grow and evolve over these six decades – we’ve definitely seen it all! The founding […]
Hybrid Work and Global Mobility
Right now, flexibility is key in recruitment and talent retention, leading many companies to move towards a hybrid work schedule to accommodate this shift in the workforce. A recent study anticipates that 39% of knowledge workers will be hybrid by the end of 2023 (Gartner). Another study found that 74% of U.S. companies are using, […]
Improving the Unpacking Experience
Relocation can be a stressful experience, especially when it comes to unpacking and organizing a new home. Traditionally, relocation policies have offered full unpacking services, but this can often lead to overwhelming situations for employees. At NuCompass, we understand the challenges that come with unpacking, which is why we have partnered with our trusted supplier […]
The Pitfalls of Lump Sum Payments
Lump sum programs for relocating employees have continued to gain in popularity over the last few years. On the surface, lump sums seem like a simple solution because they are easy to administer, provide a known budget for the company, and offer flexibility to the employee. However, these programs also have issues that can negatively […]
Strategies for Optimizing Your Intern Relocation Program
Internship programs are a cornerstone of talent development for many organizations, with 72% of interns being offered full-time positions after their internship, according to Forbes. These programs offer a unique opportunity to attract and nurture emerging talent while infusing fresh perspectives into the workforce. However, when it comes to getting interns to the right work […]
Willingness to Relocate: Impact of Age and Professional Background
In an ever-evolving global landscape, the willingness to relocate for professional opportunities has become a defining factor in career trajectories as well as a critical consideration for talent-seeking companies. Recent insights from a comprehensive survey conducted by the Boston Consulting Group (BCG) , in conjunction with The Network and the Stepstone Group, shed light on […]
The Role of Relocation in Talent Acquisition and Retention
In today’s competitive job market, attracting and retaining top talent requires more than just a competitive salary. A comprehensive relocation program can be a pivotal tool in not only enticing first-choice candidates but also ensuring their long-term retention. Here’s how a robust relocation strategy can enhance your talent acquisition and retention efforts. Increase Acceptance Rate […]
Industry Trends: Mortgage Forecast
As inflation has grown, mortgage interest rates have been steadily increasing. The mortgage payment for the same price house (median $428,000) is almost $1,000 more this year compared to last year. This rise in interest rates can impact an employee’s decision to accept a job transfer to a new city. As a result, corporations with […]
Data Security and RMCs
In 2023, it is clear that data security and privacy are a crucial part of any business landscape. While there are many choices when selecting software or security options, there are core concepts that are needed across all companies and their vendors. When choosing a Relocation Management Company (RMC), there are four tips to consider in […]
TRENDS: Auto Shipping Forecast
In addition to shipping household goods, many relocating employees need to ship a vehicle to their new location. In the US contiguous states, autos are typically shipped via transit trucks, which makes the industry susceptible to economic shifts, such as higher gas prices. Relocation Management Companies, like NuCompass, work directly with vetted auto shippers at […]
