Relocation News and Trends
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Living Anywhere: Will Big Cities Thrive or Dive?
Many companies are making return-to-work optional, allowing permanent remote work. For cities like New York, San Francisco, LA, and Seattle, will the ability for office workers to work from anywhere cause them to thrive or dive? Cities base much of their economies on the office worker spending as much as $6,730 annually (New York City) around the office. With the potential for millions to remain home, cities must adjust to the new way of work. The good news? Not everyone is moving away.
Hybrid, Agile, Interdependent Work: Here to Stay
It’s safe to say that the last three years have radically changed the way we work. Changes like going hybrid, agile, and interdependent were begun in years of crisis, but have shown over time that they confer a competitive business advantage.
Finding Childcare Can Prohibit Relocation and Employee Growth
Taking a new position in a new city far from a support system can lead to burnout for working parents. With companies looking to add perks to encourage workers to return to the office, one perk that can’t be overlooked is the need for childcare. As new positions open up and employee mobility grows, parents are weighing their ability to advance their careers against the need for childcare.
Relocation and Fintech: Article by Stephen Chen and Douglas Fritz
NuCompass team members, Stephen Chen and Douglas Fritz, came away from the Money 20/20 Fintech conference with a wealth of information and insights about digital evolution and financial technologies. In a recent article, Chen and Fritz highlighted five key takeaways from the event:
New U.S. Startup-Visas For Innovative People
The constant battle for more progressive visa measures in the U.S. has cost American companies great foreign talent. The National Security Commission said that the absence of a startup-visa places the United States in great disadvantage compared to other nations. An analysis by the National Foundation for American Policy proved that more than half of the startups in the U.S. had at least one immigrant founder.
Can The 4-day Workweek Solve the Great Resignation?
The workweek as we know it — Monday to Friday from 9 to 5 — has not always been the norm. This way of working was first implemented by Henry Ford in 1926 when most companies had their employees working 6 days per week, several hours a day. Today, amid a global pandemic that completely disrupted the way we work and live, companies are starting to reconsider the 5-day workweek.
Where In The Workplace Are Females Progressing The Most?
A study by Reboot Digital analyzed the different sectors within a workplace to understand where women are advancing the most in the UK job market. The report showed that most industries still have a long way to go to minimize the gender pay gap and other key developments for gender equality.
Diversity & Inclusion Might Be Excluding Some Marginalized Groups
Diversity and inclusion have been a rising priority for businesses since the Black Lives Matter movement began in 2020. Before this, companies were aware of D&I and made some efforts to progress on this. These efforts have intensified in the last couple of years.