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2. Avoid Relocation Companies that Use Mark-ups
Did you know that many traditional relocation companies add fees to each item on a client’s invoice, including moving costs, airplane tickets, and short-term housing? They’re not interested in helping you save money. On the contrary, you’re their cash cow!
In addition, some relocation companies get commissions from vendors, which also drives up your costs. Some are legally affiliated with the suppliers in their network—a conflict of interest that doesn’t benefit you.
Now’s the time to find out if your relocation company marks up its invoices…collects commissions…or is related to its vendors. If the answer is yes, it’s time to take your business elsewhere—stat.
3. Upgrade to a Tech-based Relocation Company
Finally, if you use a traditional relocation company, consider switching to an online relocation provider. Software-based relocation programs are far more affordable than traditional ones. They’re more efficient, their overhead is lower, and they’re less labor-dependent.
Plus, today’s employees want and expect tech-based solutions. They seek transparency and autonomy—and you should, too.
In addition to lowering the cost of your relocation program, online relocation programs provide real-time analytics that will keep you on top of your spending and within budget day after day.
The Fastest Way to Start Saving
If you need to get your relocation costs under control for 2023, consider using us as a resource.
UrbanBound is the leading tech-based relocation company. We don’t do mark-ups or commissions, but we do know how to design relocation plans that stretch the tightest of budgets.
Need proof? When businesses switch to us, they reduce their relocation costs by up to 66%. In fact, 94% of the moves we manage come in under budget. And yes, our clients and their people love us.
If your 2023 relocation budget was cut, but your recruiting goals weren’t, give us a holler. We were made for this moment, and we can help.