Friday 28 May 2021

WHR GROUP UNVEILS EMPLOYEE RELOCATION BENCHMARK RESULTS

KUALA LUMPUR, May 27 (Bernama) -- WHR Group Inc (WHR), a leader in the global employee relocation industry, has conducted a Global Mobility Benchmark study surveying some of the largest US companies from a variety of industries.

Findings shed light on how companies have changed their employee relocation policies, even during 2020 and a pandemic, according to a statement.

Respondents included corporate staff working in HR, mobility management; talent management; and benefits and compensation departments.

Findings include relocation benefits are still going strong even with the COVID-19 pandemic; 85 per cent of companies offer some type of home sale benefit to transferees; and, 67 per cent of respondents have experienced a talent shortage but include their mobility programme in candidate recruitment strategies.

Over 57 per cent surveyed have an international relocation programme, and 88 per cent have expatriate or international permanent transfer policies.

In addition, more than 50 per cent found immigration laws to be the most challenging part of international relocations with Africa and Asia reported as the most challenging.

Meanwhile, temporary housing; destination services and settling in; household goods; Visa and immigration assistance; and tax assistance are considered core benefits for international transfers and assignments.

Of the 68.5 per cent offering destination closing costs, 76.5 per cent do not cap this benefit, even though capping the support is a way to control organisational costs.

More details at http://www.whrg.com.

-- BERNAMA

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