Market Leader Expands on Trends in The Relocations Industry


Posted September 20, 2021 by relocationcoordinates

What is driving the growing market?What is driving the growing market?
 
While the advances in technology have been shrinking the world over several years, it is only for the last year and a half to two years that globalization took off in full force on all levels in the corporate world as well as the lives of private individuals. This is much more than a trend but much rather how the new way of business is settling in on all levels of the livelihood of the workforce of the current generation. The most visual impact it has is the need for relocation that is now in much higher demand than ever before. Relocations also don’t only take place on a domestic level, but more people are now relocatinginternationally, and this is the driving force behind the growing industry in which relocation management companies flourish.

“We notice every year an increase in demand for international relocations. This increase in demand is also brought about several trends in the industry. One trend that immediately comes to mind is that more companies are now keen to assist with the relocation of talent. In the past, geographics would play an important role to determine which talented professionals your firm would consider. Today this is no longer an obstacle,” says Sue Harrington, president to Relocation Coordinates International, a leading name in the industry and widely referred to as one of the best relocation companies in the field.

Harrington also then refers to a change in lump sumpoffers. What this means is that in the past many companies would reimburse employees for their expenses linked to relocating. It meant that initially the employee had to pay all the costs and only then would they receive their money back. Alternatively, the company would pay lump sumps in advance and then these lump sump amounts fell under taxable income. It would mean that employees would be at the shortest end of the stick. This is no longer the case. Now companies would deal with a relocation management company directly and carry the cost so that the employee would not be losing out on money.


“The industry also became much more focused on the needs of the family. The trend now is to provide a personal service, addressing several concerns such as temporary housing, and helping families to find employment for all who are affected by the relocation. We would even help to find placement in schools,” Harrington further expands.

What these trends do is transform the industry from being cold and corporate to being warm, inviting and personal.

About Us:

Our goal is to ensure that every client we serve gain all the benefits there is to opt for working with our highly experienced team. We offer customized solutions at an affordable rate to assist clients on a global scale. It is why you’ll always find that we devote all the time and resources needed to ensure that we address all the problems you might be facing during your relocation, may it be local or international. The pillars of our success are our excellent customer care, our go-getter attitude, and our out-of-the-box thinking when it comes to finding solutions to your concerns. Visit our website at http://www.relocationcoordinates.com/ or contact us directly and see how we can make your relocation easy.
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Issued By Sue Harrington
Phone (866) 915-8631
Business Address 6310 Greenwich Drive
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Country United States
Categories Business
Tags business relocation companies , career transition services
Last Updated September 20, 2021