Preparing for Recovery: The Impacts of COVID-19 for Mobility Teams

COVID-19 past and present COVID-19 has had many impacts on relocation in 2021, due both to capacity reductions made by providers in 2020 and increased demand in 2021. From a transferee volume perspective, many industries reduced transferee volume in 2020; hospitality, technology, air transportation, energy and certain retailers were hit particularly hard. As the economic… Continue Reading

#ReloRant: The Definition of Insanity

A Lively Conversation with Steven John, CPA, SCRP, SMS-T, HomeServices Relocation President and CEO “Doing the same thing over and over again and expecting different results.” – Unknown While often ascribed to Albert Einstein, there is no actual evidence that he said this. Regardless, this “definition of insanity” has been used so many times by… Continue Reading

#ReloRant: Do the Math – Evaluating Relocation Program Costs

A Lively Conversation with Steven John, CPA, SCRP, SMS-T, HomeServices Relocation President and CEO Do the Math – Evaluating Relocation Program Costs: Most of us work for companies that are expected to make a profit at the end of the day. Even for non-profit or start-up entities, there are budgets and other financial measures that… Continue Reading

Future-proofing: Adapting Relocation Benefits for a Changing Workforce

Of the myriad of HR benefits available to employees, relocation is unique in that it is not regulated, and benefit levels are not proscribed by law. This allows relocation professionals to craft programs that best balance the needs of the employee and the organization. Future-proofing: adapting relocation benefits for a changing workforce Core-Flex programs are… Continue Reading

#ReloRant: A Measured Approach

Lighting Up your Business Scoreboard A Lively Conversation with Steven John, CPA, SCRP, SMS-T, HomeServices Relocation President and CEO Pearson’s law states that, “When performance is measured, performance improves. When performance is measured and reported back, the rate of improvement accelerates.” – Karl Pearson, father of the modern science of statistics From a psychological perspective,… Continue Reading

The Relocation Pricing Paradox: Q&A with Steven John

As the global landscape created by COVID-19 continues to evolve, organizations that rely on employee relocation programs have been challenged in new and unprecedented ways. From contending with travel restrictions to navigating shifting government regulations, mobility professionals have had to act swiftly in response to the needs of their distributed talent. With so much complexity... Continue Reading

#Unstoppable, #Unwavering, #Unrelenting!

Words inspired by Warren Buffet describe the consumer solutions focus of Berkshire Hathaway HomeServices’ CEO, Chris Stuart and his team of real estate professionals in the August 2020 issue of RIS Media. An inspiring example of the dedicated leadership behind the success of all HomeServices companies. Alan Dalton, Senior Vice President of Research and Development… Continue Reading

#ReloRant: The Hard-knocks of Lump Sum Programs

A Lively Conversation with Steven John, CPA, SCRP, SMS-T, HomeServices Relocation President and CEO Lump Sum Only programs Per the 2020 Atlas Corporate-Relocation Survey, 26% of relocations are Lump Sum Only programs, where the sole benefit provided is a lump sum amount. For larger companies, over 50% provide a payment of $10,000 or more. Such… Continue Reading