Employee Relocation Guide

Employee Relocation Compensation And Benefits Section


   
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Welcome to Employee Relocation Guide

   

Employee Relocation Compensation And Benefits Article

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An Introduction to Employee Relocation for Managers

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There are generally two types of employee relocation that managers are responsible for administering or outsourcing: importing talent from elsewhere or exporting the whole office to a new location. Either way, even if you're not in the Human Resources (HR) department, as a manager, you'll need to let your people know what's going on and make sure that any transition is a smooth one.

In the case of incoming workers, when a new employee from another state or country is entering your department, you know you'll get your best effort from them if there are no major stumbling blocks in the way. Having to deal with goons from Homeland Security definitely counts as a roadblock and a major distraction for everyone even peripherally involved. Making sure the folks in HR (or the subcontractor they've hired) have all the information and support they need from your department is essential for smooth employee relocations.

A manager who makes a point of introducing themselves and the new job to a prospective employee as soon as possible, even before the move, will have the advantage of starting with someone who is ready to hit the ground running. If some initial telecommunications work can be done beforehand, all the better. Nothing full time, of course – he or she still needs to move. Part time is plenty, especially for moving international employees.

Relocation of managers is fraught with its own dangers, though they don't differ significantly from the hire of any new for a supervisory employee or relocation. Management has its work cut out for it in the case of moving an operation from one location to another.

For starters, no one is bound to tell you whether they're staying or leaving and you are bound to loose some people to the move. This is especially bitter when you're not making the move either. It can be next to impossible to keep up morale, especially in situations where you're not able to promise any sort of assistance package for employee relocation. Managers and executives are most typically the recipients of relocation services – you may be offered services your charges are not. Check with HR to see if any within your group have been given differential relocation packages.

There is rarely a good way to make the transition to a new office, one that means the loss of several people's jobs, and have employees who are leaving without prospects or severance packages help you put the move together. If it seems that very few people will make the move do what you can to speed up the process, so people aren't left bitter and stewing.

When dealing with employee relocation, as a manager, you're bound to consider the efficiency of your whole team. While others are taking care of the moving itself, you need to keep a business moving forward with the very best personnel, even if that means some changes.
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Employee Relocation Compensation And Benefits News

Multi-Color Corporation Announces Results for Fiscal 2012 - Reuters


Multi-Color Corporation Announces Results for Fiscal 2012
Reuters
... Kansas City facility, the Company incurred a charge of $1.2 million in the fourth quarter of fiscal 2012 primarily for employee severance and other termination benefits, non-cash charges related to asset impairments and relocation and other costs.

and more »

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Significant Benefits - American Progress Action Fund


American Progress Action Fund

Significant Benefits
American Progress Action Fund
Since benefits comprise a great deal of federal employee compensation, this disparity effectively denies federal employees with domestic partners equal pay for equal work. Fortunately, senators yesterday took a significant step toward ending this ...
Hawaii Senator Applaudes Bill Providing Domestic Partnership BenefitsInsurance News Net (press release)

all 16 news articles »

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Employee stock option plans and employee share plans - International Law Office


Employee stock option plans and employee share plans
International Law Office
The new act clarifies and simplifies various aspects of the current practice on equity-based compensation. In particular, the new act defines the taxable event and stipulates rules on the taxation of employee stock option plans and employee share plans ...

and more »

Read more...


Tax Reform That Is Simple, Transparent, Fair - American Thinker


Tax Reform That Is Simple, Transparent, Fair
American Thinker
In summary, we need to extend FICA (which contributes, in theory, to Social Security and to Medicare) to a pure flat tax: no ceiling; benefits and unearned income would be included in the base. The FICA rate should be raised from 15.3% to 20%.

and more »

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New York Ranked Lowest Risk City in the World to Recruit, Employ and Redeploy ... - Sacramento Bee


New York Ranked Lowest Risk City in the World to Recruit, Employ and Redeploy ...
Sacramento Bee
By Aon plc CHICAGO, May 17, 2012 -- /PRNewswire/ -- New York is the lowest risk city in the world for recruiting, employing and relocating employees, according to rankings released today by Aon Hewitt, the global human resources business of Aon plc ...

and more »

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Watch out, Alabama -- the Midwest is closing the cost gap - Crain's Cleveland Business (blog)


Watch out, Alabama -- the Midwest is closing the cost gap
Crain's Cleveland Business (blog)
The Journal notes that at the end of 2011, “the average employer cost for employee compensation — a measure of both wages and benefits — was $27.66 an hour in the region that includes Michigan, Indiana and Ohio, according to government figures.

and more »

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Expat Package Compensation - EasyExpat (blog)


EasyExpat (blog)

Expat Package Compensation
EasyExpat (blog)
Rarely do overseas positions offer the financial rewards they once did. That doesn't mean expat employees should be doing any worse once they move overseas. Different methods of compensation are available to compensate the cost of working abroad.

Read more...


 

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