Posts Tagged ‘Corporate International Movers’

Some Hidden Costs of Global Relocation

Friday, June 10th, 2011

How exactly do we define a “hidden cost” of relocation? It’s not a non-disclosed cost buried in the supply chain—although those can be hidden and lead to surprise last-minute expenses if you don’t have a relocation services company looking out for your company’s best interests.

But the real hidden costs of global relocation lie in stressed-out transferees, lost productivity and even transferred employees who leave the company shortly after a relocation.

If you eliminate loss-on-sale benefits for transferred employees who own their own homes, how much stress are you creating for your employees? If you don’t offer spousal support, what will that do for the morale of your transferred employee? Stress leads to sick days, personal days and dissatisfied employees—all resulting in lost productivity and lost dollars for your company.

When you limit or eliminate moving expenses as part of a relocation package, how many more days will your employees need to line up moving companies, find the best prices or move themselves? How many days of productivity will this cost your organization?

Studies show a direct correlation between poor retention and changes in corporate global relocation policies. It costs much more (in real dollars, employee time and productivity) to hire and train a new employee than it does to retain a quality worker.

In today’s workplace, we know that every dollar counts. But before cutting costs by reducing benefits on employee relocation packages, make sure to measure the hidden costs of relocation.

Financial Needs of Moving Overseas

Wednesday, April 20th, 2011

Getting your finances in order before you take an overseas job is something you need to do now rather than after you get there. When you are already moving overseas the cost of making a call back to your home country can cost a lot of money. Wiring money can be a hassle if you do not already know the time it will take and the process you will have to go through when you cannot go to one of their branch offices. There will be times when you may need to wire money from the country you are in to one of your financial institutions and you will need to know the process you need to go through to do that. You will want to ensure your financial institutions let you manage your accounts online. Having a personal computer is pretty much a must because you do not want to do any online banking from an internet Cafe. Along with a personal computer you will need to not only have a good antivirus program you will need internet security software that can check for fishing sites and scan your emails that you import onto your computer through Microsoft Outlook or a similar kind of Email software.

Knowing how you are going to move your money when you are located overseas is very important. The easiest way to find out what is required is by going into one of your banks branch offices and asking them. Tell them what country you are moving to before you ask your questions because there may be different answers for different locations. Ask them how to wire money from your bank to another institution while you are overseas. Most bank require a form to fill out letting them know where you will be sending money too and a fax and a phone call each time you send money. You will need to find out your banks routing number and if they have one their SWIFT code so you can wire money to your account if you need to while you are moving overseas. Having a bank that has an online banking option is very important so if your bank does not you need to get a bank that does. You may want to use an “Online Bill Pay” service with your bank. This is so you can pay your bills from your bank online. Find out what contact numbers if any that they have you can call when you are overseas if you have any questions.

Why Hire a Relocation Service?

Thursday, March 31st, 2011

Moving internationally takes a great deal of planning; especially if this is your first time moving overseas. They say that in the course of a person’s life, he or she will move 11 times. Whether your reason is work-related or not, moving to another country to start a new life can be overwhelming.

When you move to another place, you usually bring your belongings with you. They make you feel good and make any new place feel like home. Some of those belongings are sentimental; some are necessities and some you are not sure why you even have anymore. Nevertheless, they are yours and now you have to figure out what to do with them. The best way to help you make sense of this task is to talk to and hire a professional international mover.

A professional international mover is someone who only does international shipments. They know what to do, how and when to do it. This professional international mover will be able to assist you in determining your volume, will take care of all the details behind the scenes, and will take good care of your belongings. The journey begins in your home in the US by packing your items (all of them, some of them or none of them), transporting your belongings, advising you about customs and delivering your belongings into your new home in your new country.

If this is your first time to live abroad, there are many questions you probably have regarding your belongings. What is the best way of transporting your possessions? How long does it take to get my belongings once they have been picked up? How far in advance should I place my order for pick up? Is packing included? Can I pack myself? What does packing cost? Do I need insurance? How much does insurance cost? What does insurance cover? Are there any items that are not allowed in my new destination country? Will I have to pay duties or taxes on the items I bring into the country? All of these questions can be answered by your international moving company.

The administration skill of the international mover you hire to manage your move from pick up to delivery will make your move successful. Understanding the structure of an International move will help you decide on the right international mover. There are many steps in the process to get your belongings from your home in the US to your new home in your new country.

Moving Overseas Can be Hard; Make it Easier!

Thursday, March 10th, 2011

Moving overseas can be hard work. There are a thousand details to take care of, a hundred crises to avert, and there are a lot of arguments to settle. Don’t you just wish that you could hire someone to take care of those details for you? In fact, you can do exactly that! By hiring an overseas moving service, you can delegate the tasks that need to be done to the people who can do them the best. Here are some ways an overseas moving service can help you:

1) Relocation – the first question that comes to mind when moving overseas is “where am I going to stay?” An overseas moving company can help you find a place of your own. By contacting branches in various places, an overseas moving service would be able to find you a place to call your very own. Often, they will show you some options which match your specifications. From there, you can decide which to pick.

2) Bookings and other paperwork – When you are moving overseas, there are a lot of different papers that need to be handled. Sometimes, it is just hard to do all of this by yourself. One way that an overseas moving service can help you is to handle the papers that are of minor concern.

3) Arranging transportation – an overseas moving service can help you arrange the transportation that you need for your possessions. In fact, an overseas moving company may even save you some cash on the freight. It is often the case that an overseas moving company has some sort of arrangement with a freight company in order to get reduced rates on moving your possessions. One concern with this, however, is the fact that most overseas moving services offer the services of only one freight company.

4) Packing – This is one of the most frustrating parts of moving overseas. Packing takes up most of the time spent in preparation for moving overseas. An overseas moving service can help you pack your possessions and store them in such a way that they will not get damaged on the way. Another advantage to having an overseas moving service pack your stuff is the fact that you can be sure not to miss anything.