Relocation & HR Trends

When offering prospective employees a relocation package, it’s important to put yourself in their shoes. The new employee has to weigh the financial and emotional cost of packing up their entire life and starting over against the benefits of the new opportunity.

Aside from being an incentive for top talent to accept your offer, supporting them through this process is essential, because it reflects positively on your company culture and leads to higher employee engagement. Here’s what to consider when offering prospective employees a relocation package.

Are you bound for SHRM’s 2019 Talent Management Conference and Expo, to be held in Nashville April 8-10? It’s an exciting, once-a-year opportunity for talent management pros, HR managers and recruiters to learn new strategies, exchange ideas and get the inside scoop on the latest industry news and trends.

Not all corporate relocations are created equal. Nor should they be! When it comes to offering an employee a particular relocation package, savvy employers will weigh multiple factors, starting with the type of employee and their anticipated tenure with the company. The distance of a move, the transferee’s needs, expected moving costs…these also should factor into the type of relocation benefits offered to employees.