what "cost" means in corporate relocation
TRANSCRIPT
COSTWHAT
MEANS IN CORPORATE RELOCATION
Like any employee benefit,employers often make decisions for
their staff based solely on cost
lowering costs &creating efficiencies
In the relocation industry,
is as vital as in other industries
But lowering relocation benefit costs to such adegree that transferees are...
Put into a call center,
Must leave repeated messages,
Cannot get an answer on their first request,and
Have to administer their own relocation
...is fundamentally flawed
relocation is the most expensive HRbenefit a company can provide
According to Worldwide ERC® survey data,
[the average cost to transfer an existing homeowner is ~$97,000]
Think of relocation as a major investment
[not just another employee benefit]
With employeeinvestments
this large,companies are
obviouslyexpecting a
return onthese
investments
Therefore, whenorganizations
considerRelocation
ManagementCompany pricing,
the decisionshould be viewedin the context of
this majorinvestment
So, how can
be gauged across Relocation Management Companies?
VALUE
1Ask about anyhidden fees inproposedpricing
2Is therecollection offees fromdownstreamproviders?
3What aboutmark-ups, or anynon-compliancefees?
Choosing a relocation provider that maydrive the lowest cost on paper may
actually cost your organization more inthe long run
[due to hidden fees and less focus onthe customer experience]
VALUE
and what a provider can bring to yourorganization to improve productivity,is a true benchmark with which you
should be associated
Want more? VisitWWW.WHRG.COM/NEWSFOR MORE RELOCATIONRESOURCES