To ease the burden on HR teams and transform the relocation experience for employees, partnering with a Relocation Management Company is a smart, strategic move. Without a professional relocation counselor, transferring employees with lump sum only benefits will inevitably have…
The Tax Cuts and Jobs Act: Sunset or Reinstate? Gary Conerly, CRP, GMS, Director of Client Advisement The Tax Cuts and Jobs Act (TCJA), enacted in 2017, brought significant changes to the U.S. tax landscape, impacting various sectors of the…
Despite a growing consensus that a recession is just around the corner, economist do not expect unemployment numbers to rise. April 2024 was a turning point for the US labor market. The U.S. Bureau of Labor Statistics reported that the…
Perhaps your organization is moving to a new city to take advantage of lower costs. Or maybe there has been a merger and you need to consolidate forces. Whatever the reason, group moves present unique challenges for employee retention and…
Let’s talk about the elephant in the room There is a paradox in the way most relocation management companies (RMC’s) earn money for their services that makes it difficult to align the RMC’s goals with their client’s goals. It’s a…
Work-from-home evolves to work-from-anywhere While many businesses struggle with a variety of challenges, the COVID-19 pandemic has caused significant changes in how HR is supporting employees who need to relocate. Perhaps more importantly, the pandemic has changed how employees view…
Keeping service fees in the non-taxable column Traditional RMC revenue models needlessly increase gross-up costs for employers. The most sweeping US tax legislation since the Tax Reform Act of 1986 was signed into law on December 22, 2017. The Tax…