July 10, 2020
Understanding Relocation Appraisals
Do you know the difference between a typical mortgage appraisal and a relocation appraisal? There are key differences between a conventional appraisal for mortgage purposes and a relocation appraisal. A conventional mortgage appraisal is obtained to determine “fair market value” or “What is the house worth today?” A relocation appraisal is completed to determine the […]
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July 10, 2020
3 Primary Functions of Relocation Companies
Relocation Management Companies are in the logistics management business, and play a critical role in supplier management, technology, and accounting. Relocation Management Companies (RMCs) are the intermediary between a corporate client and the multiple suppliers that provide specific services to relocating employees. A full-service RMC offers corporate clients three primary capabilities: supplier management; a technology […]
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July 10, 2020
Why Employee Mobility Services Don’t Fit in the Multi-Process HRO Suite
A look into the relationship between employee mobility services and multi-process human resource outsourcing (MPHRO). Employee mobility services, which include relocation and assignment management, are Human Resource (HR) activities that are typically outsourced by most employers, especially larger corporations. It seems logical then that these services should be included in a Multi-Process Human Resource Outsourcing […]
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July 10, 2020
Mortgage Industry Changes and Relocation
Information about theTruth in Lending Act (TILA) / Real Estate Settlement Procedures Act (RESPA) / Integrated Disclosure Rule (TRID) You may have heard about upcoming changes in the mortgage industry and how they will affect consumers, including relocating employees. This summary will provide some background on the changes and how they might affect both your […]
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July 9, 2020
Value of global assignments can be complicated
Learn about strategies for global assignments, including cost containment and return on investment Paul Sorrentino, NuCompass Vice President of Corporate Partnerships, is quoted in this HRO Today article, written by Audrey Roth, about global relocation assignments. The value of global assignments can be a complicated calculation Relocation assignments are on the rise with 50 percent […]
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July 9, 2020
US West Coast Ports Resume Operation
Read the latest update about issues at the US West Coast Ports. The International Longshore and Warehouse Union (ILWI) and Pacific Maritime Association (PMA) have reached a new five-year contract. The 10 month negotiation process had caused multiple port delays along the West Cost of the United States. The ports have now resumed working at […]
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July 9, 2020
Where are the Millennial Real Estate Agents?
One of the requirements for NuCompass Connect real estate agents is to have a minimum of three years of experience in tax-protected home sale transactions. This ensures our agents are experienced in relocation real estate transactions. As baby boomers begin to retire, though, there has been a decline in experienced real estate agents. The real […]
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July 9, 2020
$200 Discount on HR Tech Registration
You can save an extra $200 off the registration fee at the HR Tech Conference – courtesy of CoPilot by NuCompass! As an exhibitor at the HR Tech Conference, we have a special promo code that gives you a discount on the registration fee. See the details here: https://l.feathr.co/v0/hr-tech-2017-copilot-by-nucompass-d Why Should You Attend? The Conference will be held October […]
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July 9, 2020
Move Over Millennials – Gen Z is Here
With all the talk over Millennials, Generation Z is hardly getting noticed, but employers need to be prepared as this generation (born 1995-2012) is just beginning to enter the workforce – all 73 million of them! According to generational expert David Stillman, here are some traits of this generation based upon a survey of Zers: […]
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July 9, 2020
Port Delays in Germany
NuCompass has been advised by our household goods providers that all ports in Germany are currently experiencing severe congestion. This can affect international relocation shipments because delays are impacting every aspect of the transportation supply chain. This includes unloading steamship lines, timely customs clearance, and delays in final delivery. What is the impact to international […]
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