Maintaining Employee Productivity During a Corporate Relocation

For many years organizations have used a Lump Sum payment to assist new hires or transfers with moving expenses. From 2018 through 2020 the Lump Sum approach was, by far, the most common way an employer would provide financial assistance to a relocating employee. But “the times they are a-changin’.”

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For many years organizations have used a Lump Sum payment to assist new hires or transfers with moving expenses. From 2018 through 2020 the Lump Sum approach was, by far, the most common way an employer would provide financial assistance to a relocating employee. More recently, interest in Lump Sum programs has fluctuated based on market conditions and employee preferences, with many companies reevaluating their effectiveness in supporting employee experience and meeting relocation goals.

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Group moves, often resulting from mergers and acquisitions, involve highly sensitive and critical communications to employees. Proper handling of these announcements is essential to their success. A common misconception is that “there is no right or wrong way to do a merger,” but this approach often leads to poor outcomes. There are clear right and wrong ways to manage group moves, and avoiding common pitfalls is crucial for success.

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