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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 […]

Understanding the true cost of exceptions can help you manage your bottom line costs for your relocation program. In a NuCompass survey, corporations were asked to identify the three biggest challenges in their job related to employee mobility, and the answers were: cost management, exception management, and ensuring a competitive mobility program. Clearly, cost management, […]

Developing a Request for Proposal (RFP) for relocation services is not an easy task, particularly if your Procurement Department has limited experience in relocation. The relocation industry can seem complicated in terms of Relocation Management Company (RMC) structure, revenue streams, technology innovation, supplier relationships, office locations, and service capabilities. The following are key areas to […]

As the coronavirus epidemic in China continues to escalate, there may be an impact on global mobility and relocation activities. International assignees may be affected by travel bans, evacuation, or delays in household goods shipments. While there are ongoing uncertainties with the epidemic situation, the current issues include travel restrictions caused by temporary closure of […]

In the ongoing efforts to limit the spread of the coronavirus, many countries have issued restrictions and quarantines, especially as new cases continue to be confirmed outside of China. Relocation activities remain severely restricted in China, and the full effect on global mobility remains to be seen. Factors that may impact mobility include postponed airfreight […]

With continued concerns related to the COVID-19 virus and the new travel ban put in place by President Trump on March 11, 2020, the following areas may have an impact on your employee mobility programs: Travel disruptions: With the travel ban from the Schengen Area, which is comprised of 26 European states, employees with existing travel […]

For most of us, the recent spread of COVID-19 has changed the way we live, work, and interact with others. Now more than ever, community is vital to our everyday lives, as both a company and a society. Here’s a quick look at some of the ways we’re doing our part to provide the best […]

The effects of the pandemic on global mobility service is ever-changing. As noted previously, our Supplier Management Team is actively working with our supplier partners to ensure continuity of services, safety of all parties, and transparency of information. Our team is continually compiling data related to all services in each country to ensure that our […]

We are all challenged to make informed business decisions in this unprecedented time. As you try to make sense of today’s business environment and protect the well-being and safety of your employees, NuCompass wanted to share our own COVID-19 Crisis Management Framework (CMF) with you. This informative White Paper was written by NuCompass Chairman, Frank […]