The suspension of the moving tax deduction as part of the Tax Cuts and Jobs Act has had significant implications for individuals and businesses involved in employee relocations.
The acquisition of global talent is a move in the right direction for many companies. Here are a few challenges to expect, and the strategies for overcoming them.
Employers often offer relocation reimbursement expenses and bonuses as part of job relocation packages. While both are welcome benefits, it is important to understand the difference between relocation reimbursement and bonuses.
A lump sum relocation package is a financial allowance that a company offers an employee to help the employee relocate. Lump sum packages can help employees settle in and return to work faster because they provide more flexibility to move quickly
Back in 2021, Benefits magazine wanted to know the trends our team expected that year in global mobility policies. Our answer back then, in the height of the pandemic, was what we dubbed the Year of the Pivot.
