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