What Obstacles Should Be Addressed?
A number of our clients have chosen to enhance their relocation policies with pre-decision services to assist potential transferees who cannot afford to sell their homes or have difficulty securing mortgages among other possible concerns. Assessing the cost of a home sale before the offer is accepted shelters the company from committing to relocations that are not cost-effective and increases the feasibility for a successful relocation. While real estate and mortgage burdens continue to be leading causes of hesitation for candidates, there are many other probable circumstances SRMs must evaluate. These may include:
- Will the candidate require financial assistance renting a home?
- Are there quality schools in the immediate vicinity for their children?
- Will their spouse or partner be able to obtain suitable employment in the area?
- Do they have any family members with disabilities that need special assistance? (For example: adequate special education programs or elder care)
The company must also determine if the candidate is highly qualified and, if so, what is most advantageous way to accommodate his or her transition. Our SRMs will accurately conclude what information and aid each candidate requires after their personalized needs assessment. Our SRMs have access to extensive resources including professional area tours, Realtor and lender recommendations and comprehensive housing market overviews that incorporate detailed neighborhood and school district information. This list is only a sample of our complete pre-decision services program.
Our pre-decision services support companies in regulating the liability of failed relocations by providing an essential understanding of the plausibility of a favorable relocation. Equipped with relevant, systematic cost evaluations and individual data, recruiters can significantly scale down hiring timelines and thwart failed relocations with stronger hiring decisions. As relocation experts, our goal at RCI is to facilitate a decision-making process that benefits both the employer and the employee.
For more information, please email [email protected] or fill out the form on our contact us page.