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The Downward Trend in Employee Relocation Services

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In an effort to cut down on costs, many corporations are continuing to offer employee relocation services at progressively lower levels each year. This trend is certainly not uncommon in an era where just about everything is being downsized.

Over the last half-century, the packages offered many high-level employees and executives increasingly more comprehensive employee relocation services that are aimed at being part of a benefit package to lure them. Increasingly, this has involved services that cater to the needs of the family such as language training, help in finding schools and many different kinds of perks that make finding and furnishing a new home a lot easier.

One of the most extravagant perks that seems to be falling by the way side is the practice of using company money to purchase the home that's being abandoned so the new employee in question can concentrate on fitting into the new environment. While this particular aspect of employee relocation services is still practiced, it is now much more commonly offered only to executives of larger corporations.

Another aspect of this downsizing is the number of employees that are offered any type of employee relocation services at all. For many this might cover only a moving van (for domestic employees), a map and some materials on what is a nice place to begin looking for a home, or perhaps just a few days off before beginning work.

While this hardly could be considered much of an incentive, anything at all might be better than nothing for people who are looking to make a move anyhow. These types of downsized employee relocation services typically are offered to younger employees or those in non-executive positions.

One sector that seems to be relatively untouched by cuts in employee relocation services are diplomats and other federal (or less commonly, state) employees who are stationed throughout the United States and abroad. These moves are usually covered from one end to the other, though vacated homes are never actually purchased by a governmental agency or the State Department (for obvious reasons), but are very often sub-let for the duration of the assignment.

Only in the most competitive fields that naturally attract the best and brightest worldwide will you find unscathed employee relocation services being offered to non-executives. Technological firms very commonly use such services as part of the package they offer, often to young employees who are unlikely to have entire families to move, but who simply need a nearby location and the right work visa to get in and stay in.
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Employee Relocation Compensation And Benefits News

10-Q: WINNEBAGO INDUSTRIES INC - MarketWatch (press release)


10-Q: WINNEBAGO INDUSTRIES INC
MarketWatch (press release) - 18 hours ago
We have reserves for other loss exposures, such as litigation, taxes, product liability, repurchase commitments, worker's compensation, employee medical ...

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On the edge - Toronto Sun


On the edge
Toronto Sun,  Canada - 8 minutes ago
Ask for relocation counselling. Make sure you get credit for all unused vacation time. Make sure your benefits aren't cut off immediately. ...

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Cooper Tire meeting attracts hundreds - Albany Herald On-line


Cooper Tire meeting attracts hundreds
Albany Herald On-line, GA - Dec 31, 2008
... relocation allowance, 26 weeks of occupational training, income supplements and tax credits for health benefits, Bishop said. Cooper employee Lloyd ...

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Did Relocation Offer Amount to Termination? - HR.BLR.com


Did Relocation Offer Amount to Termination?
HR.BLR.com - Dec 11, 2008
The employee chose a layoff instead. Was he eligible for unemployment compensation? What happened. A male worker began working as a truck driver for Eaheart ...

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The Legal Helpline - Gulf Times


The Legal Helpline
Gulf Times, Qatar - Jan 2, 2009
As a matter of fact the compensation from the Government will definitely be more than reasonable for relocation. Repatriation of its employees after paying ...

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