Navigating Employee Relocations: Lump Sum vs. Managed Budget

Lump Sum vs. Managed Budget:

When it comes to employee relocations, companies often face the decision between offering a lump sum or a managed budget. Each approach has its unique advantages and considerations. In this blog post, we’ll explore the key differences between lump sum and managed budget relocations, helping businesses make informed decisions that benefit both the company and the employee.

lump sum

Lump Sum Relocations: A Brief Overview

Lump sums are commonly viewed as a cost-saving measure rather than a standalone benefit. This approach involves providing employees with a predetermined cash allowance to manage their relocation independently. However, there are challenges associated with lump sum relocations:

Lump Sums Offer Limited Support:

With a lump sum, employees may experience limited support from the Relocation Management Company (RMC). While they can leverage a network of supplier partners, they often find themselves navigating the relocation process alone.

Employees May Experience Financial Pitfalls:

Employees receiving lump sums may struggle with understanding the true cost of relocation. This can lead to uneven spending, opting for the cheapest quotes without considering the overall experience, and even attempting to save cash rather than facilitating a smooth transition.

Employees Risk Using Rogue Movers:

Choosing the cheapest mover online can result in unforeseen issues. From untrained crews to unexpected additional charges, the lack of pre-move surveys can lead to complications, including goods being held hostage on the truck – a situation that is both inconvenient and illegal.

Managed Lump Sum: Striking a Balance

Managed lump sums provide a middle ground, offering both cost containment for the company and flexibility for the employee. Here’s why businesses should consider this approach:

Give Ongoing Support:

Unlike traditional lump sums, managed lump sums come with continuous support from the Relocation Management Company (RMC). This support extends throughout the entire relocation process, ensuring employees receive assistance, issue escalation, and regular status updates.

Leverage Expense Tracking:

The RMC utilizes technology to track dates and estimates, holding supplier partners accountable for delivering excellent service at transparent prices. This proactive approach minimizes the risk of unexpected costs and ensures a smoother relocation experience.

Offer Flexibility for Employees:

Managed lump sums allow employees to have more control over their relocation budget. They can pick and choose how to allocate their funds, providing a personalized experience that caters to individual needs.

Managed Lump Sums Deliver Cost Savings:

If an employee doesn’t utilize the entire managed budget, the remaining amount is captured by the employer as cost savings. This ensures that companies maintain financial efficiency while still prioritizing employee well-being.

Conclusion: Making Informed Choices

In the debate between lump sum and managed budget relocations, it’s clear that a managed lump sum offers a balanced solution. By combining ongoing support, expense tracking, and flexibility for employees, businesses can ensure successful relocations that benefit both the company and its workforce. As companies navigate the complexities of employee relocations, the managed lump sum emerges as a strategic and employee-centric choice.

The Role of Global Mobility Companies in Employee Transitions

Embarking on a relocation, especially in the context of global mobility, can be both challenging and exhilarating. Whether you are an employee preparing for an international assignment or an HR professional overseeing the seamless transition of your relocating workforce, the intricacies of overseas moves can seem overwhelming.

This guide aims to demystify the relocation process, with a focus on the vital role of a relocation management company (RMC) in simplifying the experience and ensuring a positive outcome for all involved.

Corporate Global Mobility/Employee Relocation

Global Mobility, or employee relocation, is an HR function that enables companies to transfer employees across borders from one location to another. It encompasses a broader range of activities related to international assignments and employee transfers, including pre-departure support, cultural training, and ongoing assistance during the assignment. Global mobility is a type of employee mobility function within an organization that enables employees to relocate and work from anywhere in the world. It addresses the logistical issues of talent relocation, such as immigration, compliance, HR support, global compensation, and ensuring overall continuity.

RMCs provide:

  • Logistical Support: Handling details such as finding a new home and shipping belongings.
  • Visa and Immigration Assistance: Navigating complex legal requirements.
  • Cultural Training and Onboarding: Assisting with adaptation to new environments.
  • Settling-in Support: Guiding employees in finding local resources and amenities.

WHR Global: A Leader in Global Mobility Solutions

When selecting an RMC, the experience and expertise of the provider are crucial. WHR Global, a prominent player in the industry, is known for delivering top-notch global mobility solutions and ensuring the best employee relocation experiences.

WHR Global sets itself apart by offering cutting-edge software, mobile, and web solutions. Their centralized relocation management platform simplifies the entire process, providing real-time tracking, vendor management, and compliance oversight, ensuring transparency and accountability for all parties involved.

Benefits of Partnering with WHR Global

Collaborating with a reputable RMC like WHR Global offers several advantages, including reduced stress, enhanced employee satisfaction, cost savings, and improved compliance. By entrusting your relocation needs, you can navigate the complexities of global mobility with confidence and ease.

By embracing global mobility and partnering with reputable RMCs such as WHR Global, companies can streamline their global mobility processes, reduce stress, enhance employee satisfaction, and ensure compliance. From comprehensive pre-assignment planning to cultural training and settling-in support, the expertise of an RMC is indispensable in facilitating a smooth and fulfilling experience for relocating employees.

Leveraging cutting-edge software and web solutions, WHR Global sets itself apart in delivering top-notch global mobility solutions, offering real-time tracking, vendor management, and compliance oversight. By incorporating these essential elements into your global mobility strategy, you can navigate the complexities of employee relocation with confidence and ease, ultimately driving positive outcomes for your organization.

In conclusion, a successful relocation hinges on thorough planning, expert guidance, and strong support. By partnering with an RMC, you can embark on your relocation journey knowing that you have a trusted ally dedicated to ensuring a smooth and fulfilling experience for you, your family, or your relocating workforce.

Relocating Employees to Singapore? 10 Apps to Recommend

Relocating Employees to Singapore

Is your organization relocating employees to Singapore? HR, global mobility, and talent acquisition teams are expected to guide employees through this process and provide key resources. Some of the greatest resources an organization can provide to that employee are free or low-cost mobile phone apps. From finance to digital health services: here are 10 must-have apps you should recommend when relocating employees to Singapore.

Digital Identity App for Employees Relocating to Singapore

SingPass

With more than 3.5 million users, SingPass is a digital identity for all Singapore citizens and residents. It allows them to access over 460 government agencies and businesses with 1,700+ digital services, online and in person. SingPass is issued to all residents of Singapore by the government, and this allows users to:

      • Access over 460 government agencies and businesses with 1,700+ digital services
      • Check customers’ key details in-person without scanning or photocopying any physical documents
      • Check their name in the registers of electors
      • Apply to restore their name to the registers of electors
      • Register as an overseas elector
      • Change overseas voting application
      • Cancel registration as an overseas elector
      • Get a bank account, credit card, or cashline/personal loan account instantly without having to visit a branch or uploading any supporting documents

The Super App for Employees Relocating to Singapore

Grab

Grab is a ride-hailing, taxi, food delivery, and grocery app in Southeast Asia. It’s cheaper than normal metered taxis and Uber in Singapore. Likewise, employees relocating to Singapore can send packages and documents, or choose from a variety of financial services such as cashless payments, insurance, and investment options.

Payment App for Employees Relocating to Singapore

Google Pay

In additional to GrabPay, Google Pay is a digital wallet and payment platform that allows users to pay for purchases online, in apps, and in stores. It also allows users to send and receive money instantly, earn rewards for everyday payments, and discover offers from their favorite places.

Home Search App for Employees Relocating to Singapore

Property Guru

Your transferees can use Property Guru to search through properties on-the-go, viewing detailed information including sales history and recent sales in the area. Transferees can also create alerts when properties become available that meet their criteria, or use the app to stay updated on market trends, government measures, and bank regulations. 

Transport Guide App for Employees Relocating to Singapore

CityMapper

CityMapper for Cities helps transit thrive by making journey planning easy, personal, and fun for riders while also providing agencies with valuable tools and ridership insights to optimize their networks. Transferees in Singapore can use CityMapper to view commuting times and prices from walking to cycling and taking a cab. 

Food Delivery Apps for Employees Relocating to Singapore

GrabFood

GrabFood puts food delivery and groceries at your transferees’ fingertips. While in temporary housing, a hotel, or their permanent home, transferees can find and order their favorite cuisines across Singapore – from Kaya Toast for Breakfast, to Laksa for Lunch, from Kopi for brunch to Famous Malay Fish Curry for Dinner!

Deliveroo

Like GrabFood, Deliveroo is an online food delivery service that connects customers with local restaurants. Customers can use the Deliveroo app or browser to place orders from a menu that includes dishes from different cuisines. Deliveroo also offers service options for larger events, such as corporate functions.

Digital Health Services Apps for Employees Relocating to Singapore

HealthHub

HealthHub is the national platform for digital health that can be conveniently accessed by Singapore residents via the online portal or mobile application to:

      • View evidence-based health and wellness information,
      • Access health records for self and loved ones, and
      • Perform transactions across public healthcare clusters such as appointments, bill payments and refilling of medication.

DoctorAnywhere

Convenient for expats on-the-go, DoctorAnywhere allows transferees to find an online doctor in Singapore through their virtual clinic, in-person clinics, home care services, chronic disease management program, DoctorAnywhere MarketPlace, and mental wellness solutions. DoctorAnywhere allows transferees to connect to a doctor online in less than 5 minutes, with free delivery of medication at your transferees’ doorsteps within 3 hours. 

Home Goods App for Employees Relocating to Singapore

Amazon

When transferees need something delivered on short notice to a hotel, temporary housing, or unfurnished home, Amazon can be an excellent and cost-effective solution. Some assignees may choose to bypass their household goods shipment altogether and purchase everything at their destination with a furnishings allowance. From TVs to furniture, cleaning supplies, and more, Amazon Prime is an excellent way for expats to furnish their new homes or deliver an essential item to temporary housing.

Meet the WHR Family

Due to the pandemic, this long overdue trip finally took place in the summer of 2023. I was given the opportunity to travel from Singapore to our WHR headquarters in Pewaukee, Wisconsin to spend some time with my US colleagues.

After doing video calls for the past two years, it was exciting to meet my colleagues in person. The first thing that I said to my US counterpart Jon DesChane (who I talk with almost every week) was, “Oh my gosh, you are so tall!”

Week 1

During my first week in the office, my colleagues organized a potluck. At the pantry, Kay Cucinello from the Household Goods Department came up to me and said “Ni hao” with a big smile on her face. Wow. There were at least fifteen types of food and yes, I tried every single one of them: puppy chow, peanut butter brownie trifle, the famous Wisconsin cheese curds to name a few. My Director, Heather Hess, CRP, GMS prepared at least three dishes and amazed me with her mouth-watering buffalo chicken dip. I was touched by my generous colleagues who took time out of their busy schedule to give me such a warm welcome. If I may paraphrase, the way to a woman’s heart is through her stomach!

Jon, who reminds me of Sheldon from The Big Bang Theory (I believe Jon actually majored in Physics), thought it would be a good idea to bring me to a baseball game. Despite Jon being an avid sports fan and trying his level best to do a Baseball for Dummies 101 during the game itself, I caught no ball.

Nevertheless, it was definitely a once-in-a-lifetime experience and to me, the highlights of watching the baseball game were:

1. Pre-drinks before the game.

2. A colleague nudged me to remove the Milwaukee Milkmen cap when the national anthem was played as a sign of respect, please pardon the ignorance of a foreigner.

3. During interludes, there were brief interactions with the audience. One was with a war veteran, and he was treated with utmost respect by everyone.

4. Queuing for snacks—I did not try the hotdog as I do not take beef, but the bratwurst was delicious. Special thanks to our Head of Global Sales, Chris Lagerman who gave us all a treat.

5. The fun vibes with people singing along to Neil Diamond’s Sweet Caroline (Good times never seemed so good, so good, so good …).

6. Sean Thrun, our Strategic Initiatives Manager bought me a pack of Big League Chew and I learned that chewing gum and baseball have a long history. Sean was in Singapore recently and he knew that chewing gum is illegal in Singapore, I kid you not.

7. Fireworks at the end which lasted for more than fifteen minutes.

By the time the game ended, the temperature had dropped quite a bit. Another colleague from Accounting Department offered to send me back to my serviced apartment. Never in my wildest dream did I imagine that we would end up having a karaoke session in the car, singing JVKE’s Golden Hour and Queen’s Bohemian Rhapsody at the top of our lungs. I cannot remember when was the last time I had so much fun. This totally changed my perception of our Accounting team, who were usually the quietest bunch in the whole office. Accounting (led by our powerhouse CFO, Jami Long) ROCKS!

Week 2

My awesome HR Manager Kimberley Uitz, SHRM-CP, GPHR mobilized the entire office to set up the Bags/Cornhole Tournament, which was brought forward to August for my sake. In the spirit of the tournament, my teammate and I came up with the name “Oh Shucks” for our team. The other Client Service Managers, David Peters, CRP and Ben Koceja displayed their agility and prowess in the game effortlessly. A casual toss from these masters and the bean bag goes right into the hole.

I had no regrets squeezing a pair of badminton rackets and shuttle cocks (badminton is one of the most popular sports in Asia) into my luggage because I got a glimpse of our Supply Chain Manager, Adam Rasmussen‘s competitive streak as he impressed me with his lightning reflexes and powerful smash.

Special shoutout to our IT Director, Jeff Beyer and his boys, who are always on standby to help us with our IT set-up.

What I learned at our US Office

Generally, what I learned about my colleagues in the US office:

  1. People tend to rise earlier here, and some of my colleagues start work as early as 7am. Lunch is a simple affair where most people bring food from home, unlike in Singapore where going out for lunch is the highlight of our day.
  2. Almost everyone I know in the office has a pet cat and/or dog, some even more than one.
  3. People in Wisconsin love sports, and even if you don’t play, you would support a baseball team.
  4. The Midwestern hospitality is real. When Heather brought me to an Arts festival, we were walking around the neighborhood and came upon a family giving out free bratwurst in front of their house. There was a steady stream of people coming in, just sitting together and having a cordial chat over bratwurst. Perhaps it was the summer heat that melted the ice between total strangers, or people are generally friendly in this city. Kimberley and her beautiful family spent their whole Saturday with me: we went for a little hike at the Devil’s Lake, visited Wollersheim Winery and they brought me to a shop selling all kinds of cheese (can’t miss that in America’s Dairyland). My big boss, Roger Thrun (founder of WHR) was the perfect gentleman when he brought me out for a tour at his lavender farm, but that is a story for another day.
  5. Myth debunked: US is dangerous. I stayed in a place called Oconomowoc, which was a nice and safe neighborhood. Just like any big city in any part of the world, there are some dodgy places where you would not want to go alone. I am indebted to my team for being such great hosts and planning everything for me to enjoy my first-ever trip to the US.

You can’t count someone as your family until you have had a disagreement. There are times when we disagree on how certain things should be done. This could be due to cultural differences, regional nuances and how we perceive things from a different lens. This trip has helped me to understand my US WHR family so much better, and I hope vice versa too. At the end of the day, we all want the best for our family and I know without a doubt, that my family always have my back.

Relocating Employees to Switzerland? 10 Apps to Recommend.

Relocating Employees to Switzerland 10 Apps to Recommend

Is your organization relocating employees to Switzerland? HR, global mobility, and talent acquisition teams are expected to guide employees through this process and provide key resources. Some of the greatest resources an organization can provide to that employee are free or low-cost mobile phone apps. From Swiss customs to public transportation: here are 10 must-have apps you should recommend when relocating employees to Switzerland.

Transportation App for Employees Relocating to Switzerland

SBB

SBB stands for Schweizerische Bundesbahnen, which translates to Swiss Federal Railways. Consequently, as Switzerland’s largest transport company, SBB runs all major trains in the country. At the same time, SBB also provides links to the European high-speed network. Every day over a million passengers and more than two hundred thousand tonnes of freight travel on board more than ten thousand trains along the SBB rail network. Employees relocating to Switzerland can use the SBB Mobile app for public transportation all throughout the country. Relocating employees can also buy tickets from ticketing machines or at ticket offices in bus or train stations. Some buses in rural areas don’t have machines and ticket offices.

Payment App for Employees Relocating to Switzerland

TWINT

With TWINT, Switzerland’s payment app, employees relocating to Switzerland can make convenient and secure payments using their smartphones. The TWINT app makes it easy for expats to pay at store cash registers, in the supermarket, in the online shop, and when shopping in the farm shop – digitally and cashlessly.

Customs App for Employees Relocating to Switzerland

QuickZoll

QuickZoll is the official Swiss customs app for individuals. As a private individual, QuickZoll allows to employees relocating to Switzerland to independently declare goods for importation for their own use or as a gift and pay any applicable taxes and duties directly. In addition, the Swiss Customs app summarises all the important facts about entry to Switzerland briefly and concisely.

Public Safety App for Employees Relocating to Switzerland

Alertswiss

Alertswiss is the official, free mobile app which publishes all relevant information pertaining to precautions and behavior during disasters and emergencies in Switzerland. Although Switzerland is rarely affected by major disasters, it is good to know which dangers exist and which behaviour can protect employees relocating to Switzerland. Relocating employees can receive alerts, warnings, and information about their current location directly and constantly on their smartphones. 

Social App for Employees Relocating to Switzerland

InterNations

InterNations is a global community for people who live and work abroad. It’s the largest network of its kind, with around 4 million members in 420 cities worldwide. It offers networking and socializing both online and in person. Additionally, members can attend events, participate in forums, and receive tips and advice on expat life. In similar fashion, InterNations conducts an annual Expat Insider survey that ranks countries and cities. In 2023, Mexico was ranked the best place for expats.

Language Apps for Employees Relocating to Switzerland

Google Translate

Google Translate‘s mobile app is a must-have for expats in Switzerland. Chiefly, it is a multilingual neural machine translation service developed by Google to translate text, documents and websites from one language into another. Given that Switzerland has 4 national languages (German/Swiss German, French, Italian, and Romansh), employees relocating to Switzerland can look forward to translating many street signs, menus, and more.

Duolingo

Communication App for Employees Relocating to Switzerland

WhatsApp

Food Apps for Employees Relocating to Switzerland

Just Eat

Formerly known as Eat.ch, Just Eat is an excellent solution for employees in hotels, temporary housing, or transferees waiting for their kitchen supplies to be delivered by the moving company. Expats in Switzerland, accordingly, can order takeout or delivery from the Just Eat app from most cities in Switzerland, including Zürich, Geneva, Basel, Bern, Lausanne, and more. 

Too Good to Go

Due to its high cost of living, expats in Switzerland may have an affinity for the mobile app Too Good To Go. Too Good To Go is a free app that helps reduce food waste by allowing users to buy unsold food from restaurants, bakeries, and other businesses at a discount. In their 2022 annual impact report, Too Good To Go stated 2 million users open the app daily which saved 79 million meals. Even more, the app serves a greater purpose; It’s estimated nearly one-third of all food is wasted while 828 million people go hungry every day. By selling unsold food at discounted prices, businesses reduce excess waste and help communities reduce greenhouse gas emissions. 

Relocating Employees to the US? 10 Apps to Recommend.

Relocating employees to the US

Is your organization relocating employees to the US? HR, global mobility, and talent acquisition teams are expected to guide employees through this process and provide key resources. Some of the greatest resources an organization can provide to that employee are free or low-cost mobile phone apps. From language training to hotels, travel, and more: here are 10 must-have apps you should recommend when relocating employees to the US.

Social Apps for Employees Relocating to the US

InterNations

InterNations is a global community for people who live and work abroad. It’s the largest network of its kind, with around 4 million members in 420 cities worldwide. InterNations offers networking and socializing both online and in person. InterNations members can attend events, participate in forums, and receive tips and advice on expat life. InterNations also offers an Expat Insider survey that ranks countries and cities. In 2023, Mexico was ranked the best place for expats.

MeetUp

Meetup is a social networking site that allows people to find and join groups based on their interests. Meetups are informal meetings or get-togethers for people with similar interests. Meetups can be in-person or virtual, and can take place in places like cafés or parks. There are no membership fees to join Meetup, which makes it an excellent app for expats to build their new friend groups and social networks. 

Language App for Employees Relocating to the US

Duolingo

Communication App for Employees Relocating to the US

WhatsApp

Hotel & Travel App for Employees Relocating to the US

Booking.com

Headquartered in Amsterdam, Booking.com is an online travel agency that connects travelers with a wide variety of places to stay. The company was founded in Amsterdam in 1996 and has over 28 million accommodation listings. Booking.com offers discounts on hotels, flights, car rentals, taxis, and attractions. This is extremely useful for expats who are left for themselves to book hotel stays on short notice, or rental vehicles during their preview trip and temporary housing. 

Transportation Apps for Employees Relocating to the US

Uber & Uber Eats

When employees are relocating to the US, ride-hailing apps such as Uber are cost-effective solutions to getting to and from hotels, temporary housing, apartments, and homes. Furthermore, when expats are tired and jet-lagged from travel, they can order a plethora of food and other products on Uber Eats from the comfort of their hotel or temporary housing.

Lyft

Similar to Uber, Lyft provides ride-hailing, rental cars, and food delivery in the United States and Canada. Lyft offers a marketplace where drivers can be matched with riders through the Lyft app. Lyft also offers other transportation options, such as motorized scooters and bicycle-sharing. Lyft offers ride booking, payment processing, and car transportation services. Lyft can be a fantastic alternative when there is a spike in price, or lack of availability through Uber. 

Mental Health App for Employees Relocating to the US

Headspace

After death and divorce, it’s said that relocating is the third most stressful event in a person’s lifetime. Headspace is an app that offers guided meditations, courses, and mindfulness exercises on topics like stress, anxiety, and building resilience. The app aims to improve concentration and mood, and reduce anxiety. Offering hundreds of meditations, sleep sounds and music, focus music, and mood-boosting workouts, Headspace is an excellent mental health tool for expats who need to slow down and breathe. 

Home Goods App for Employees Relocating to the US

Amazon Prime

When expats need something delivered on short notice to a hotel, temporary housing, or unfurnished home, Amazon Prime can be an excellent and cost-effective solution. Some assignees may choose to bypass their household goods shipment altogether and purchase everything at their destination with a furnishings allowance. From TVs to furniture, cleaning supplies, and more, Amazon Prime is an excellent way for expats to furnish their new homes or deliver an essential item to temporary housing.

Self-Move App for Employees Relocating in the US

SimpleMove®

SimpleMove is a free, online platform developed by WHR Global. It can be used by: (1) employees relocating themselves within the US; (2) HR and talent acqusition teams who want to a self-move or lump sum solution for US relocations; or (3) established global mobility programs who want a cost-effective solutions for US relocations.

The largest financial benefit is a tax-free, cash-back rebate paid to the employee when they sell or purchase a home through a SimpleMove real estate agent. The rebate, paid after closing, is based on $5 USD per every $1,000 USD of the sale or purchase price. There is no cap on the rebate amount; For example, a $300,000 USD home sale or purchase will provide the relocating employee with a $1,500 USD rebate. This is in addition to accessing WHR Global’s network of moving companies, rental agents, temporary housing providers, mortgage lenders, and other helpful resources within the platform.

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