Posts about Lump Sum

Employee relocations are a critical aspect of modern business operations, often necessitated by the need to optimize costs or tap into talent pools across different regions. In response to the growing complexity of global assignments and diverse workforce needs, organizations are increasingly turning to mobility technology to revolutionize the relocation experience for both employees and […]

Relocating employees is a complex and often stressful process, but it doesn’t have to be. With the right tools, companies can ensure a seamless transition for their employees. CoPilot Express™ by NuCompass offers an innovative solution for employees receiving a cash payment to move. CoPilot Express combines the ease of administration of a lump sum […]

Let’s face it— your Relocation Management Company (RMC) is probably crushing it when it comes to full-service moves. Core-flex, managed cap, traditional policies? Covered. But what happens when your employees get a lump sum and are left to figure things out on their own? Cue the chaos. Now enter CoPilot Express™ by NuCompass— your not-so-secret […]

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 […]