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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 […]

By Stephen Chen, NuCompass Mobility, Senior Vice President, Technology & Security In today’s dynamic market, retailers have faced significant challenges in meeting customers’ specific expectations for their shopping experiences. Customers now require mobile-friendly websites and apps that cater to their preference for shopping and conducting business on smartphones. They also desire a seamless journey across […]

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 […]

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 […]

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 […]

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 […]

As we look at the latest trends in housing and temporary living, we find that many companies are planning for continued improvements in their relocation programs and are optimistic for the new year. Here are some of the key findings in 2022: Looking Ahead to 2023As we enter 2023, the Federal Reserve has made it clear […]

There are a variety of funding options available for corporate relocation programs, and it’s important to evaluate several key factors when setting up your program. Relocation requires specialized funding and payment methods, and corporate clients should understand their funding options, especially when creating or evaluating a Request for Proposal (RFP) for relocation or global mobility […]

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: 1. A […]

Throughout our 50 years in business, NuCompass has learned that communication with transferring employees is the most crucial aspect of our customer service process. This begins in the first conversations with transferees by outlining all policy components, setting expectations, providing realistic timeframes. Invariably, challenges occur during the course of a move, and the high-touch customer […]