Moving Experiences

Navigating the employee relocation landscape requires a good map and a watchful eye
Converging geopolitical and economic forces are reshaping the landscape of relocation making it imperative for companies operating in the employee mobility space to pay close attention to what is happening around them. Shifting demographics, new entrants in the housing market, immigration and visas, and changing tax questions are among the issues affecting the relocation industry in the year ahead.

“Volatile” is the word Lee Curtis, RESIDE Worldwide, Inc.’s founding partner and co-CEO, uses to describe the relocation landscape. “From Brexit to immigration to the current trade wars, the companies that we all serve will be making real-time decisions on hiring, relocation and growth that will have a dramatic downline effect on the service providers that support them.”

Christine Moore, vice president, global marketing for Oakwood, says the company has the opportunity to work with companies operating in a range of industries around the world and she has seen first-hand things impacting relocation.

“In the wake of the most recent US election, Brexit, visa challenges and other global conditions, we are finding that companies are increasingly focused on saving costs – finding efficiencies within their corporate travel and relocation programs – while also maintaining employee compliance with their policies,” Moore says. “Companies have a continued need to align talent around the globe with their business strategy and growth plans,” regardless of current, external marketplace conditions.

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