Relocation Policy Audit and Development
The key to our Clients employee mobility and relocation successes is our understanding of the issues that drive their needs, and then providing them with bespoke solutions supported by great service.
To do this we usually need to undertake a Relocation Policy Audit to understand existing policies (if there are any) and how they impact the business and its employees.
Relocation Policy Audit
If you have an existing Relocation Policy we will undertake a Relocation Policy Audit. Typically analyzing 19 key areas of relocation, each is sub-categorized resulting in more than 100 individual topics. The many facets of each Clients existing Relocation/Mobility Management policies are thoroughly discussed with HR personnel, senior management and relocating employees. This enables us to prepare a comprehensive report focusing on the way forward.
At its most basic level this will help identify where processes can be improved and cost savings that can be made.
Ultimately we will then be able to work with each Client to develop internal policies and strategies that are comprehensive and transparent, bringing genuine benefit to both the Client , its employees and its suppliers.
Our Audit identifies whether existing policies fail to comply with both local and destination legislation, highlighting changes that are needed.
Audit outcomes are highly varied and specific to the nature and needs of an organization. An outsourced decision is frequently the right one for many organizations although we may advise a partial split if it benefits the corporation and the assignees. Sometimes it is better to keep relocation support "in-house" whilst using us to manage the third party services and processes.
Please ask for a copy of our Relocation Policy Audit pack.
Relocation Policy Development
Why have a Relocation Policy?
Every corporation that relocates its employees should have a comprehensive, up-to-date and globally legal Relocation Policy, please ask us to review your existing Relocation Policy, or work with you to develop a new one that is fit for purpose and future proofed.
Simply, it means that all employees are treated with the same respect and support when they need to relocate and that they understand what resources are available to them and what is expected of them.
It also means that by working with us, the employee devotes the majority of their working day doing the job they're paid to do and does not spend hours and days researching their destination location!
Employment law differs vastly from country to country. Something that is allowed in the UK may not be in France or China - it is vital that a relocating employee arrives complying with local law from the start.
As a minimum, a Relocation Policy should address the following:
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What expenses should you pay?
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Do you have a policy on salary parity?
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What about partner and child assistance?
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What happens if the employee needs to sell or rent out their existing property?
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Should you recompense the employee for the "forced" sale of their vehicle/s
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What do you do if vehicles cost less where the employee is relocating to?
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Who pays for a rental property, the corporation or the employee?
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Tax, pensions and health insurance - who pays, you or the employee?
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What happens when repatriation is due?
A fully developed Relocation Policy answers these and many other questions you may not have even considered or thought about.
Contact us to initiate an informal discussion following which we will be able to prepare a program development schedule, implementation procedue and Policy Manual.