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2. Talk to Your Employees
Is your relocation program meeting the needs of your employees? Are they satisfied with their benefits? Did they have a good relocation experience? This feedback can identify areas to improve your program. You might be surprised at which benefits employees really need - or don't.
3. Audit the Competition
Make sure the relocation benefits you're offering are in line with - or better than - what your competitors are offering. This will help you attract and win top talent. Reducing the time it takes to find and attract candidates is a huge budget win for Recruiting and HR teams. On the flip side, you may learn that you're offering too much and can adjust your relocation program slightly without sacrificing competitive advantage.
4. Use Technology for Efficiency
Make use of recruiting and relocation software to streamline your processes and reduce manual admin work for overall cost savings. Time savings is huge for HR, especially in high-growth industries. Technology can also help with the first point, reviewing your metrics, by streamlining reporting and data-gathering to quickly and easily find cost saving opportunities.