5 mistakes to avoid when relocating your employees
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SlideShare outlining 5 of the most common mistakes companies make when relocating their employees.TRANSCRIPT
5 Mistakes to Avoid When Relocating Your Employees
Relocating employees is
stressful.
Relocating employees is
expensive.
Relocating employees is difficult.
Relocating employees is complex.
Did we mention expensive?
That being said...
There is not a lot of room for error.
To avoid this, we have outlined 5 of the most common
mistakes companies make in their relocations.
Mistake #1
Not educating your employee about his or her new city
People appreciate a leg-up on the basic day-to-day information that makes a city
functional for them.
Give them information on parking.
Give them information on
restaurants.
Give them information on
government.
Give them information on sports.
Mistake #2
Poor communication
Your employee’s move might not be the most important thing going on in your life,
BUT…
it is for them.
Send an email.
Check in.
Monitor their progress.
They’ll appreciate it!
Mistake #3
Not guiding your employee through his or her relocation
Explain.
Explain.
And then explain some
more.
Explain what expenses you’ll reimburse.
Explain what lump sum means.
Explain what expenses are eligible for tax breaks.
The more money you can help them save,
the better.
Mistake #4
Providing a limited amount of resources
Finding a house is just the beginning.
They’ll need cable.
They’ll need water.
They’ll need internet.
They’ll need furniture.
They’ll need doctors.
They’ll need a gym.
See? Just the tip of the iceberg.
Mistake #5
Not giving robust options for renters
Many companies make the mistake of forgetting about their
renter population.
Do you know how many years it can take before buying is a viable
option?
FIVE.
This being said, among your transferees, renting is likely the
more common choice.
Not including it in your relocation
package is not an option.
We hope you’ve enjoyed these tips!
For more information, see our eBook
which explains each mistake in detail,
And you’ll never make these key mistakes again!