The Hidden Cost of Corporate Relocation

Posted by Johny Deep
1
Dec 22, 2015
101 Views

packers and movers bangalore   Relocating an entire company or just some departments to a new location can be a stress factor for the HR department that has to deal with the business processes of relocation but also with a serious hidden cost attached: stressed-out transferees, lost productivity and even transferred employees who leave the company shortly after a relocation.

packers and movers delhi   In today's workplace every penny counts, but it can cost much more (in money spent, employee time and productivity) to hire and train a new employee than it does to retain a quality worker.

Therefore an HR department responsible to chose a relocation package should be very careful in choosing the right corporate relocation service as well as being very careful when reducing employee benefits and costs as part of the relocation process.

Often moving to a new location means not only moving the employee but also his entire family. If there's no spousal and children support, what will that do for the morale of a transferred employee? There's a direct correlation between retention and changes in corporate relocation policies.


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