What is relocation talent management?

What is relocation talent management? A few years ago I served on the Advisory Board for ERC Worldwide / Employee Relocation Council. Relocation is the single biggest reason tenants stay in corporate housing. In the beginning individuals receiving a corporate housing relocation package would generally be allotted 90 days to stay in a corporate rental while they found and setup a new permanent residence. In these days specific services were given as part of the package with everything from home buying and selling to neighborhood orientation tours.   Then about 10 years ago companies started using the “lump sum”...

Corporate Relocation Questions & Data

This month the annual Corporate Housing Industry Report came out showing that gross rents for Serviced Corporate Apartments was $2.66 Billion in 2012 and 37% of that business or $984,200,000.00 was a direct result of Corporate Relocation needs. According to the Annual “By Owner” Corporate Housing report 43% of property owners report having tenants related to a Corporate Relocation. Last year the CEO of CHBO served on the US Advisory Council for the ERC / Employee Relocation Council the trade organization that represents the entire Relocation Industry and according to ERC we have seen a return to Pre-Recession “New...