Employee relocation is a complex process that involves transferring employees for work-related purposes. Whether it’s a job promotion, company expansion, or filling positions in different locations, relocation plays a vital role in modern businesses. This comprehensive guide answers key questions about employee relocation.
Increasingly, in the fast-paced, competitive talent market, companies are realising that ‘retention is the new recruitment.’ With the demand for top talent outpacing supply, potential hires and existing employees have higher expectations from their employers. Consequently, organisations must address high turnover rates and recruitment challenges. However, this predicament presents a unique opportunity to re-evaluate and invest in retention strategies that create a magnetic organisational culture, nurture the best talent, and future-proof the workforce.
Global mobility refers to the process of moving employees from one country to another for work purposes. This can include short-term assignments, long-term expatriate roles, or permanent transfers. As an HR manager, you can collaborate with a specialist relocation provider to ensure that the entire process is well-planned, compliant with local regulations, and provides a positive experience for both the employee and the company.