What Does a Failed International Assignment Cost Your Company?
How much does a failed assignment cost? The answer? A lot.
How much does a failed assignment cost? The answer? A lot.
When structuring a competitive benefits package, mobility should be a core consideration—right alongside healthcare, dental and vision coverage. Relocation is often a necessary part of career advancement, yet many companies fail to integrate it into their benefits offerings in a meaningful way.
As employee relocations are on the rise, companies can ease the transition by providing holistic family assistance through a comprehensive benefits package.
Several recent studies are pointing to the rise and return of group moves. From assessing business needs to identifying obstacles for employee relocation, the decision shouldn't be taken lightly.
Offering a relocation package can help improve talent acquisition and retention, establish protocol and set your company apart.
Core-flex benefits supplement the core aspects of your relocation policy, which allows for greater consistency and generally a better rate for the services that every relocating employee needs.
Lump sum packages can be easier to manage for employers, but there are still important points to keep in mind and educate employees on when offering this type of relocation package.
Employee retention is vital for organizations who want to maintain a strong company culture and ensure the best talent remains at their company.
How much does a failed assignment cost? The answer? A lot.
How much does a failed assignment cost? The answer? A lot.