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