Tips, tools and top 10s for saving money (Web sight)

Relocating is said to be one of the most stressful events in life. In the case of a corporate relocation, it’s not only stressful for the transferee, but also for the relocation manager, whose job it is to both provide a smooth transition for the employee while trying to keep costs to a minimum. These sites provide tips and resources to help companies meet the challenges associated with corporate relocations.

Breaking down the costs of relocation
www.rriworld.com

RRI Employee Relocation Solutions has a good selection of reports and articles on various aspects of employee relocation programs.

From the main page, enter the “Press Room” section, and follow the “Research and Survey Reports” link located near the bottom of the page. There are a number of free PDF files of interest, including Global Relocation Trends, Global Relocation Best Practices, Top 10 Tips for Controlling Relocation Costs and particularly Relocation Cost: Improving Your Bottom Line. In this paper the author examines how “most companies fail to monitor and, more alarmingly, fully understand the costs associated with maintaining their programs, inhibiting their ability to realize the maximum return on this investment.” The paper then breaks down relocation costs into direct costs, service fees and indirect costs with a description of the types of expenses that fall into each category. It also gives tips on making improvements to relocation programs.

Adding it all up
www.monstermoving.com

This comprehensive site provides relocation information on cities nationwide, and offers tools to: research real estate and rental properties, get mortgage and insurance quotes, moving quotes and more.

The site offers calculator tools to determine mortgage and loan payments. The city comparisons are detailed, offering differences in such things as climate, car insurance rates and crime levels. Unfortunately, the information covers only cities in the United States. Information on international relocation can be accessed via a link at the very top of the page, but the site is sparse in global information.

Membership has its rewards
www.erc.org

The Employee Relocation Council is a membership association encompassing corporations, government and military agencies and individuals. Its focus is on providing members with “information they need to make astute business decisions, reduce costs for themselves and their customers, and position themselves strategically in the marketplace.” ERC members have access to publications, upcoming conferences, news and other industry events, Mobility Online newsletter and a number of other services and resources.

10 tips for cost containment
www.cendantmobility.com

Cendant Mobility’s site offers a range of services and useful resources on corporate relocation policies. Under the “About Us” heading, follow the “Resource Library” link to the white papers listing. There is a particularly useful white paper on cost-control strategies for an uncertain economy. The paper discusses balancing both the internal and external factors that drive relocation costs higher and presents 10 strategies relocation managers should consider as they “develop contingencies to preserve the benefits intended in corporate relocation policies.”

Certifying relocation
www.cerc.ca

The Canadian Employee Relocation Council offers programs, publications and other resources to its members. The Web site outlines the benefits of becoming a CERC member, and provides information about its certification program, a Canadian industry specific designation. It also lists regional events, trends and developments, as well as a survey of domestic, cross-border and international relocation policies.

Real estate directory and more
www.runzheimer.com

This site has an excellent selection of articles and resources on relocation. From the main page, follow the “Domestic Compensation and Relocation Services” link. Along the left side of the screen are links to articles and newsletters, featuring the company’s own relocation newsletter, as well as links to a real estate directory and other useful tools.

The “Case Studies and Additional Resources” link includes a survey and analysis of relocation policies and costs, as well as cost-of-living data, mortgage interest rates and more. The site requires visitors to sign in, but all the information is free to access, and during sign-up you can also sign up for specific e-mail bulletins and publications of interest.

Going south
www.saunders1865.com/move_usa.shtml

If most of the relocation you handle is to our neighbour south of the border, then you might find this guide useful. It covers a range of topics including drug and alcohol laws and rules on moving animals and plants.

Shannon Simson is Canadian HR Reporter’s resource editor. Her Web Sight column appears regularly in the CloseUp section. To share an interesting HR Web site, contact [email protected].

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