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Employee Relocation Insurance Article
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Employee Relocation: Analysis and Outsourcing for Executives
from:There are quite a few reasons for companies that have well-staffed Human Resource (HR) departments to hire out a company that specializes in employee relocation. Analysis of countless relocations by the professional organization that serves the professional relocation specialist community, Worldwide ERC (formerly known as the Employee Relocation Council), has shown that not handling such a move correctly and smoothly can result in the loss of far more than employee morale.
When conducting employee relocation analysis, those taking the survey focus upon many different aspects of the move. This includes the simple logistics of getting the new employees furniture from point A to B as well as assisting children and spouses to acclimatize to the new environment.
International relocation can be especially difficult to handle in house, especially when the move is from a country that the US State Department has decided they don't trust. Employee relocation analysis has shown that the process of obtaining and securing a work visa is the first and foremost concern on the minds many international migrants whether they're sweeping floors or running a multi-national corporation. Professional relocation specialists and the immigration lawyers they routinely deal with will be able to ensure the process goes as smoothly as possible, even if your company is handling the rest of the process.
Moving is a very stressful time. Again, employee relocation analysis shows that when even minor things go wrong with the move, relocating employees and their family can very quickly loose faith in the whole process. You don't want this to happen. While it isn't the company's fault if the the urn that contains grandma is held up in customs, professional relocation experts know how to get urns and everything else through customs without a snag, making your company look good.
When deciding whether or not to use your HR department to handle employee relocation, analysis of the outcomes from the 40 years Worldwide ERC has been keeping records suggest that hiring a professional service actually saves money and morale in the long run. Of course, you'd expect them to say that, but there's data to back up this assertion, too. It is difficult to analyze employee happiness or loyalty, but subsequent bonuses and status in the company (as well as length of tenure) are good secondary indicators. At the end of the day, nearly every company that uses a professional relocation firm to handle employee relocation, or even just hiring them on to consult on very specific aspects of the process, has been pleased they've done so in the end.
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