HRO Today July/August 2015 - 35

Relocation
then there are huge compliance issues, not only for the
organization from a payroll perspective, but for the
employee. Employees can be caught up in IRS audits, "
says Exley.
5. Utilize external expense management. The wide array
of costs associated with relocation assignments can be
hairy without the proper support, so using a relocation
management firm for all aspects of global mobility
is an easy avenue for efficiency. " There is simply too
much to track and be aware of for most organizations
to handle global mobility on their own, unless they can
employ specific expertise in this area and provide all the
necessary tools, education and support, " says Sorrentino.
" With the right data collection processes in place, the
organization can then begin to analyze the information
and start drawing conclusions or seeing trends in their
global activity. "
6. Have continued collaboration and review of
assignments. Develop an internal team from different
departments such as finance, compensation, mobility,
and HR. The team can meet regularly to review the cost
projections against actuals, says O'Shea. " The more you
meet to review and discuss, the more you'll find better
FAST FACT:
Seventy-five percent of respondents named cost
control as the top global mobility challenge in terms
of future impact on their organization finds Cartus's
2014 Global Mobility Policy and Practices survey.
ways to communicate to business leaders about the value
the mobility program brings, and it helps keep everyone's
expectations clear about total cost for any assignment. "
Gail Kelly, director of global relocation at ColgatePalmolive,
who works with Weichert Relocation, says they
track cost of all assignments. She reports that they share
the cost tracking information with finance for annual
reporting and comparisons, utilizing collaboration for
efficiency.
Smarter Spend
Although cost remains a primary concern, 88 percent
of respondents to Brookfield's 2015 Global Mobility
Trends Survey expect their international assignment
population to increase (43 percent) or stay the same
(45 percent). The increase is not solely reflective of a
decrease in expense, but with the changing attitude of
desire toward experiencing a relocation assignment.
They are now commonly considered very beneficial to
career growth and many employees, especially millenials,
are expecting these potential opportunities. " What this
means for organizations is they are moving a lot more
people, especially globally, and even some domestically,
depending on the industry that they're in, " says Exley.
Although the increase in assignments does not entail
a decrease in price, the upsurge encourages smarter
spending choices.
One way cost can be controlled is with shorter
assignments, which require less expense. " If a company
JULY/AUGUST 2015
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HRO Today July/August 2015

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