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4 Ideas to Help Any Size Company Implement an Affordable, Competitive Relocation Program

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What's Covered

You don’t have to be a Fortune 100 company to have a smart, effective relocation program. Even if you only move a handful of new and current employees every year, there are a few ideas that can help you be effective.

Here are four ideas that can help you out:

  1. Make sure that recruiters and hiring managers understand the financial basics of relocation — Relocation is expensive but you can better manage costs with a smarter approach.
  2. Engage the employee and estimate the cost of the relocation before making a final decision — Understand the circumstances your employee will be coming from and estimate how much it will cost.
  3. Make a conscious relocation decision — Compare the cost estimate to the benefit of moving the employee and set an expense limit so you don’t go over the amount.
  4. Ensure that the process goes smoothly — Direct the employee to reliable providers vs. the do-it-yourself route so everything goes smoothly for both them and your organization.
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CoPilot is the missing link in your talent management software. It’s an exciting new platform for managing employee relocations. CoPilot reduces your costs while simplifying the relocation process. You and your employees are supported, every step of the way, by the professionals at NuCompass. Explore our different products, which we can match to different organizational needs.

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