Relocation drives growth for companies by enabling them to strategically deploy talent and it helps employees to access new opportunities. But navigating the complexities of relocation benefit taxes can be difficult for both employers and employees.
Successful relocation doesn’t end when an employee arrives—it’s just the beginning. Without the right support, companies risk higher turnover. From mentorship to spouse support and check-ins, here’s how to help transferees thrive.
If you ever questioned the impact that global mobility has on the environment we live in, you need only look at the United Nation’s Sustainability Development Goals, or SDGs.
More homes sat unsold on the housing market as of November 2024, with active listings rising to 12.1% compared to 2023. More than half the listings (approximately 54.6%) received no interested buyers after 60 days, the highest rate in five years.
Employee relocations can have their fair share of tax implications. No other circumstance is quite as worrisome to the employee as the impact that can come about from receiving a lump sum payment to cover their moving expenses.
