3 Things to Consider When Crafting an Employee Relocation Policy
Having a relocation policy isn’t just for corporations with big HR departments – it’s an essential tool for any organization that offers incentives for employee relocation. While about 70% of U.S. companies provide relocation assistance to help pay for the transition, only one in five HR professionals rate their relocation program as “highly successful.” A relocation policy that outlines the process, benefits, and points of contact along the way not only supports your employees, it helps keep your business running smoothly. A relocation strategy can save money, too. Statistics show that costs can range from $85,673 to relocate a current employee who’s a homeowner to...
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