UrbanBound, the leading provider of tech-driven relocation management services, has unveiled an innovative new relocation policy, Freeway, which gives employees the freedom to relocate their way—while offering employers a predictable, cost-effective relocation program.
“Freeway solves the biggest relocation challenge facing employers today,” says UrbanBound CEO and Co-Founder, Michael Krasman. “Namely, how to give employees a great, personalized relocation experience, while controlling costs and operating within a fixed budget.”
According to UrbanBound’s research, what employees prize most in relocation benefits is the freedom to arrange their move on their own terms. Conversely, employers seek a tightly-managed relocation program with built-in cost controls—that doesn’t sacrifice the employee experience.
UrbanBound was able to develop Freeway because of its revolutionary relocation technology, which offers employees flexibility and employers real-time transparency, yet costs a fraction of what some employers spend on traditional relocation programs.
UrbanBound’s software, available on any desktop, laptop or mobile device, guides employees through each step of their move, automatically tracking expenses as they go. It offers employees:
Simultaneously, the platform gives employers automatic control over their dollars, real-time visibility into their employees’ moves and insight into how their program is performing.