Christopher Bloedel held a webinar last week to delve into the top challenges in Domestic Relocation.
Mark Twain famously said, “buy land, they’re not making it anymore”. This rings true today as it relates to the U.S. housing market. Various reasons – local market conditions, lack of supply, robust demand from homebuyers as they take advantage of historically low interest rates, etc. – have caused a surge in home prices.
Domestic relocation practice is often complex given the wide range of employees and diverse locations. As a result, many of our clients find themselves evaluating extensive questions to define their domestic program and benefits
Join us for a discussion on trends and tangible examples of how industry leaders have solved the top challenges in U.S. domestic mobility.
In general, getting an employee to accept a domestic relocation can be difficult. It is not easy to uproot a family, logistically manage a move, and establish oneself in a new city. However, it can be even more challenging when the new location is considerably more expensive.
In August 2019, my partner received a job offer he couldn’t pass up, so I asked to relocate from Boston to New York City. Fortunately, AIRINC accepted my request to become a fully remote worker.
Talent Acquisition Managers and Recruiters are experts at selling the prospect of working at their company. There are issues that candidates consider that these companies can’t control…cost-of-living being one of them.
With respect to US domestic transfers, state and local income tax differences are of particular relevance for determining an equitable cost adjusted salary. Two individuals within the United States can have the same salary and family size and earn vastly different spendable incomes because of the different tax rates throughout the states and cities.
AIRINC's Domestic Transfer Reports now include home values. These values can be used to calculate:
Diana Caicedo leads Clorox’s Global Mobility program (among her many other roles). Clorox recently transformed their US domestic mobility program by expanding their Lump Sum program and introducing a Lump Sum calculator configured to their program specifics. We sat down with Diana to hear how Clorox uses Lump Sums and what advice they would offer others that are interested in Lump Sums.
