David Fennell, who is acting Chair of the CERC member board, delivered the opening and closing addresses; he also received the Distinguished Service Award (in photo), which is the second highest award one can receive from CERC.
Also, our VP of Consulting, Ellie Sullivan, presented a well-received panel on aligning workforce mobility with talent management — a topic of increasing concern to our clients.
Last but not least, Cordell Collins, Counselor in our Toronto office, was lauded by attendees for achieving the highest score in the highest level of CERC’s professional designation training program. Congrats to Cordell on this accomplishment!
On September 25, I participated in a panel discussion on workforce mobility in Brazil at a meeting of the Boston chapter of the Forum for Expatriate Management. Fellow panelists included representatives from AIRINC, Cultural Awareness International, Fragomen, Radius and KPMG.
Topics discussed included tax and compensation issues, cultural awareness and business practices in Brazil, housing, cost of living, and a firsthand account from an assignee who spent time in Brazil. In my segment, I presented the results of Weichert’s Latin America Mobility survey and discussed trends that we are seeing in this area.
The top concerns voiced by both the panelists and audience when it comes to moving employees into Brazil were:
– the lengthy immigration process
– lack of available/adequate housing for assignees, and
– overcoming cultural differences (particularly those felt by American employees taking on assignments in Brazil)
We are happy to report that Weichert Workforce Mobility was named Relocation Management Company of the Year at the 2014 EMMA Awards for the Americas region. Presented by the Forum for Expatriate Management, the EMMAs recognize excellence in workforce mobility, and are are independently judged by some of the most highly esteemed professionals in the industry.
The win was announced last night at a formal ceremony closing out FEM’s 2014 Americas Global Summit. Competitors nominated in the RMC of the Year category (for companies that manage over 10,000 moves per year) included Brookfield, Crown, Graebel, SIRVA and UniGroup Relocation.
For the past two years, Weichert Workforce Mobility has been the only large-size relocation management company to rank among the top three in the “RMC of the Year” category of the EMMA Awards in all three regions — the Americas, EMEA and APAC. Presented by the Forum for Expatriate Management, the EMMAs are among our industry’s most coveted awards, celebrating excellence in expatriate mobility.
We are proud to note that in 2014, Weichert Workforce Mobility has once again been nominated as RMC of the Year in all three regions. In the Americas, we were also nominated in the “Thought Leadership Study of the Year” for our popular and groundbreaking Latin America mobility survey. Continue Reading →
A: While they’re not right for everyone, new hire graduates are one demographic for which the lump sum is very appropriate. According to the results of ERC’s New Hire Policies Survey, 46% of companies offer at least some entry-level new hires a lump sum to cover mobility expenses.
A lot of existing research doesn’t get into whether or not this amount should be grossed-up, but in my experience helping companies develop policies, the majority do provide tax assistance (in the form of a gross-up) on lump sums, even for those at the new hire grad level/tier. ERC’s survey data adds that when items are reimbursed, 70% of companies cover the gross-up for the additional federal and 64% cover the state tax liability caused by the move, supporting my findings. Continue Reading →
Today, business success depends on how quickly and easily you can deploy your most highly-valued talent to seize new opportunities. But what are the best practices for building an agile mobile workforce? And what industry trends and policy provisions do you need to be most aware of to achieve your company’s mobility goals and grow your business?
In Weichert’s latest webinar, you’ll get a first-hand look at the results of our 2014 Workforce Mobility Survey, in which 220 corporate mobility managers helped define best practices and strategic techniques for getting critical talent into critical roles whenever and wherever they’re needed. This information will be a valuable blueprint for making it faster, easier and more cost effective to deploy your mobile workforce.
This webinar will be held on Wednesday, July 30 at 2:00pm ET. You can register here. As always, our webinars are free to corporate relocation professionals (sorry; not open to other third party providers).
In this year’s survey, over 7,000 relocated employees were asked to rank the RMCs that moved them.
Based on their feedback, Weichert Workforce Mobility achieved the highest average service satisfaction score among the industry’s five largest suppliers. Weichert also earned a net satisfaction rating that surpassed the industry average.
Perhaps most importantly, data aggregated from the past five years’ surveys shows that we’ve made significant year-after-year improvement in our overall customer satisfaction ranking.
As more companies embrace global mobility as a critical tool for developing top talent and pursuing new opportunities, our Consulting desk has seen increased requests for the best models and practices to streamline the complex management of global moves.
In response, we developed a diagnostic survey tool to help companies identify areas for program optimization, and invited corporate mobility managers to use this tool to determine where to improve their programs.
Not surprising, the one area that received the most focus is tax and payroll compliance—an admittedly slippery slope for most companies. The cumulative results of our survey, which are presented here, give greater insight into how much of an issue compliance risk is to today’s companies.
Continue Reading →