Sample Relocation Policies for HR and Mobility Executives
Build a Comprehensive Relocation Policy with Expert Guidance
Creating a structured and competitive relocation policy can be a daunting task, but North American Van Lines offers Sample Relocation Policies to help HR and Mobility executives build effective programs tailored to their workforce needs.
Benefits of Using Sample Relocation Policies:
- Customization: Sample policies provide a strong framework that can be tailored to your company’s specific relocation goals.
- Compliance: Ensure your policy aligns with industry standards and best practices, reducing compliance risks.
- Cost Efficiency: Understand how to structure relocation benefits to optimize costs while maintaining employee satisfaction.
- Streamlined Implementation: Save time by using pre-developed policies that reflect real-world relocation scenarios and proven strategies.
With 78.7% of companies now conducting annual or more frequent reviews of their relocation policies, having a well-crafted policy ensures you stay competitive in talent acquisition and retention.
Free Relocation Policy Review
Like your annual checkup, a regular Relocation Policy Review with a relocation professional is vital to any organization's relocation program. Suppose your company is interested in recruiting and retaining top talent. In that case, a competitive Relocation Policy can be the difference between securing a new team superstar or settling for a lesser choice.
If recruiting for a position that requires relocation, be it domestic or international, top talent will be looking for a robust relocation benefit that ensures a smooth transition for the relocating employee and their family. Such an important aspect of employee relocation should not be left to chance, so a thorough review of your relocation program policy is a must at least once a year.
Here’s what mobility and relocation decision-makers can expect from a relocation policy review:
- Information on relocation best practices
- Ranking of specific benefits, from must-haves to nice-to-haves
- What benefits are most important for international versus domestic relocations
Our Relocation Policy Review helps companies evaluate their corporate mobility programs to ensure they align with industry best practices. We analyze your current policy to identify gaps, cost-saving opportunities, and enhancements that improve employee satisfaction.
Benefits of a Relocation Policy Review:
- Identify cost-saving opportunities within your corporate moving program.
- Ensure compliance with industry trends and best practices.
- Improve the employee relocation experience and streamline transitions.
- Optimize corporate relocation budgets for better financial management.
- Compare your relocation policy to other companies in the same industry
Did you know? 57.3% of companies offer complete relocation programs, while 40.3% rely on reimbursement policies and 29.4% rely on Lump-sum policies. Understanding which policy best fits your workforce can significantly impact talent retention and satisfaction.
Free Household Goods Policy Review
Your Household Goods Moving Policy is one of the most important parts of your company's overall relocation benefit. Therefore, similar to your company's overall relocation policy, conducting a thorough annual review of your household goods moving policy is equally important. When relocating employees, moving is often one of the most stressful aspects of the entire relocation process. The reason is that moving is a complex process, and hiring movers to transport personal possessions to another state, cross-country, or internationally is something very few people have experienced first-hand.
To ensure your relocating employee's moving experience is as smooth as possible for him or her and their family, regularly evaluating your household goods moving policy can make the difference between a rested and focused employee ready to take on a new role or a distracted employee.
Here’s what mobility and relocation decision makers can expect from household goods moving policy review:
- Insight into best practices for household goods moving
- Help in evaluating what services are considered "musts" for most relocating employees
- Difference in priorities for domestic versus international household goods moves
The Household Goods Moving Policy Review focuses on how your company manages employee home-moving policies. Our experts assess your current moving policies to ensure they provide the best employee experience while maintaining cost efficiency.
Why Review Your Household Goods Moving Policy?
- Ensure fair and efficient moving policies for employees.
- Reduce unnecessary costs and improve budgeting.
- Enhance corporate relocation program effectiveness.
- Increase employee satisfaction with well-structured moving policies.
Key Insight: Nearly 75% of companies manage domestic employee relocations annually, but only a fraction has structured policies that fully support cost control and employee experience.
Free Household Goods Pricing Review
One of the most challenging aspects of creating a thorough moving and relocation policy is the portion that refers to household goods moving. Out of all the benefits included in a moving and relocation policy, household goods are probably one of the costliest, but the real challenge is determining the value your organization is receiving for the price it pays.
Many moving providers reply to the pricing questions in an RFP with a "discount" or a "discounted rate." But what good is knowing the discount or the discounted rate when you don't know the price on which the discount is based?
Selecting a moving vendor solely on a discount rate can leave the most seasoned mobility professional scratching his or her head when the final moving invoice arrives. What mobility professionals need is pricing transparency for household goods moves.
A Household Goods Pricing Review with an experienced household goods moving and relocation professional can remove the mystery from the moving estimate and help your organization obtain the pricing transparency it needs to make an informed decision.
Here’s what mobility and relocation decision-makers can expect from a household goods pricing review:
- Instruction on how to evaluate moving estimates to ensure you are comparing "apples to apples."
- Guidance on ways to develop an RFP for moving services that generates transparent, comparable pricing from all potential vendors
- Professional evaluation of past moving invoices so that you are confident your company is receiving the services it truly needs at the best value
Our Household Goods Pricing Review evaluates your company’s moving expenses and vendor agreements to identify cost savings and improve efficiency.
Key Advantages of a Household Goods Pricing Review:
- Ensure your corporate moving program is cost-effective.
- Compare pricing structures to industry standards.
- Gain insights into potential savings and efficiency improvements.
- Maintain high-quality employee relocation services while controlling expenses.
Did you know? 74.4% of executives confirmed that they rely on two or more moving vendors for their relocation needs, highlighting the growing trend of multi-vendor models to increase flexibility and ensure access to preferred moving dates. This trend makes a household goods pricing review even more important.