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Want to cut relocation, temp housing (and other) costs? Here’s how.


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duty of care

Duty of Care – Keeping Employees Safe in High Risk Locations

19 April 2018 / By Nick Royle / Business  / Business Travel Tracking  / export  / Global Mobility Management  / Global Talent Mobility  / HR  / International Assignment  / Relocation  / 

Duty of Care – Keeping their global business travelers and assignees safe has become much harder for companies than it…

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restrictive covenant

Should Companies Include Restrictions in Assignee Contracts?

9 April 2018 / By Nick Royle / Business  / Global Mobility Management  / Global Talent Mobility  / HR  / 

Anytime a company sends an employee on assignment, there are multiple issues to consider, although some tend to be overlooked.…

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Baker's Dozen

MSI wins 1st place for Quality of Service in HRO Today Magazine’s 2018 Baker’s Dozen: Relocation Ranking

March 25th 2018 – MSI Global Talent Solutions, a human capital advisory firm that enables companies to improve, grow, and…

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Move for Hunger

MSI Global Talent Solutions and Move for Hunger Announce Collaborative Effort to Help Feed Families in Need

Hampton, NH February 12th 2018 – MSI Global Talent Solutions, a professional services organization dedicated to helping companies create human…

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GDPR

Not yet GDPR compliant? Here’s how to minimize your organization’s risk

For better or worse, it’s almost here. On May 25, after a two year transition period, a strict new regulation…

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high-risk travel

Keeping Employees Safe in High Risk Locations

Keeping their global business travelers and assignees safe when visiting high-risk travel locations has become much harder for companies than…

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GDPR – Will you be ready?

Summary: What is the GDPR?  Who needs to comply? In this session we reviewed the highlights of the new General…

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Global Talent Strategy: Modernization to Facilitate Success

Summary: Organizations continue to be impacted by the evolution of advancing technologies, shifting political climates and high competition for quality…

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Want to cut relocation, temp housing (and other) costs? Here’s how.

7 March 2017 / By Nick Royle / Domestic Relocation  / export  / Relocation  / 

Companies are always looking for ways to cut mobility costs, especially those that can add up quickly, like temp housing or household goods storage.

Although temp housing pricing can vary, depending upon the length of the stay, location, time of year, and number of bedrooms, it can sometimes be one of the more expensive components of a relocation package. The same applies to household goods storage. While both are important policy benefits for transferees who aren’t yet settled into permanent housing, using them judiciously is always the goal.

One way to expedite the move into permanent housing is to also provide ample home finding assistance as part of the benefits package. In most instances this can help transferees secure housing much sooner than if they were to handle the process themselves.

Directing transferees to work with your mobility provider’s brokers and rental service partners will not only ensure that timelines are adhered to, but that service performance is monitored and that your employee has a positive experience.

For example, renters working with home finding providers to manage the search and plan the viewing schedule are more likely to find that the process is smoother and more efficient than it would have been otherwise.

Also, those whose trips are scheduled by the provider within 30 days of a planned move will be able to view the actual inventory available for the move-in date. This may then enable them to sign a lease during the trip, which can further expedite the overall process.

So providing home-finding benefits clearly does have its benefits. It not only helps companies avoid exceptions and stay within budget, but also makes for happier, more settled, and ultimately more productive transferees.

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