Since 1994, WHR has been helping its clients contain costs and lower relocation program expenses. Although there are many ways, below we share just three easy suggestions to lower organizational expenses. Explore three practical tips, from auditing your program to monitoring exceptions and staying ahead of industry trends. Discover how tailoring your approach to real-life experiences can minimize expenses while ensuring a smooth relocation for your employees.
1. Audit Your Relocation Program
你的方案是否反映了你的搬迁员工的真实生活经历?通过搬迁过程的每个步骤,分析定量和定性数据。看看以前搬迁的数字,同时调查经历过搬迁过程的员工,发现哪些福利对他们真正有意义。
It’s often said that relocating is the 3rd most stressful experience in a person’s lifetime, just after death and divorce. While it’s critical for employees to have a suite of relocation services to choose from, your company may not be in the financial position to provide certain ancillary benefits. It may be helpful for your global mobility team to stack rank which benefits are most critical to your employees, with the intention of cutting the least-critical services.
Here is a sample stack ranking from most to least-important:
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- 移民问题
- Tax Consultation/Preparation Assistance
- Tax Gross Up Assistance
- Reimbursement of Final Move Expenses
- Household Goods Shipment
- Temporary Housing…
- …Language Lessons
- Cultural Training
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2. Monitor Policy Exceptions
当搬迁过程中发生意外时,你可以打赌它将影响整个过程中的物流。这些例外情况会导致成本增加。尽量减少例外情况和对你的底线的影响的第一步是设计一个深思熟虑的和以数据为导向的搬迁计划。你的计划越能反映你的调职员工的实际经验,你就越能围绕例外情况进行规划。方案的执行同样重要。
WHR trains our Relocation Counselors to anticipate needs before they are requested, set expectations upfront, and regularly check in with transferees throughout the move. Should an exception be required, our Counselors review all possible alternatives first. Can a closing date be moved? Is there a more cost-efficient storage alternative? Can the cost be covered by a miscellaneous allowance?
3. Stay on Top of Trends
To find relocation cost savings, look at the dollars…and the pennies! With a little creativity and by staying current on what’s happening in the industry, you’d be surprised at the cost savings you can find.
Consider home sale bonuses, for example. Ten years ago, companies would offer employees $10,000 as motivation to sell their homes quickly. This is not required in today’s real estate market since homes are selling quickly as demand greatly outweighs the supply of available inventory.
Your Relocation Management Company can provide you with Benchmark studies and reporting identifying gaps or redundancies in your policy, as well as opportunities for savings.
虽然搬迁福利是一项重要的投资,但有一些方法可以让你的员工满意并将成本降到最低,从而周到地实施它。根据转职员工的实际经验定制你的计划,监测例外情况,并保持对行业趋势的了解,确保你的员工有更顺利的搬迁体验,并帮助你降低费用。
If you’re interested in learning more ways to cut costs, contact WHR Global.