Corporate Relocation Policy
ERC
International
Management
Professional Development
Real Estate
Tax and Finance Issues
Technology
Trends
Prior "Who's News"
Corporate
Relocation Policy
Great Policy by Design
Ron Contarino, Infinity Management, Inc.
Winter 1997/1998 A well-designed relocation policy is the
cornerstone to a successful relocation program. Bench-marking and other developmental
methods are important when designing your policy but keep in mind that your policy is the
"rule book" for your company, the transferee and your service providers. Your
policy should be clear to all users and concise as possible. Remember to "keep it
simple" when designing contracts and policies. Your policy should be reviewed and
amended periodically to reflect changes in tax codes, the Relocation industry, legal
rulings and your company's other policies and cultures. Your sales representatives should
help keep you up-to-date on changes and trends in their respective industries. Let them
know you value this information and encourage them to make suggestions on ways to improve
your policy and contracts. complete article.
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Tackling a policy review . . . are you
ready?
M. Barbara Willis, CRP, Weichert Relocation
Co., Inc.
Winter 1997/1998 -- Whether revising an outdated
program or fine tuning current benefits, a clearly written and consistently administered
relocation policy provides the controls you need to manage relocation costs and
results. Start with an introductory message from management or human resources
detailing the company's relocation philosophy and objectives. Your objectives may include
providing for a smooth transition, assisting the entire family, selecting from a menu of
services, or offering tax gross-up assistance. Incorporate your philosophy throughout the
policy to reinforce your objectives. complete article
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ERC
ERC Establishes "Solutions of Distinction" Awards
Program
To Salute Successful Problem Solving of Industry Challenges
Throughout the relocation industry's history, programs like
lump sums, amended-value homesale, and expense tracking systems represented the ability to
rise to a challenge and find an answer to a wide-ranging concern. Now ERC has created a
program to recognize contemporary challenges and responses that have an equally profound
effect on the industry through Solutions of Distinction, the first industry wide
recognition awards program, open to all ERC and CIAM members. complete story
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page
e-relay
September 1999 -- Think about having the flexibility to
request, transmit, and receive service orders and status reports rapidly, any time of the
day or night, without the need to coordinate busy schedules with relocation peers. Then
think about the advantages of creating only one record for each relocation that is
initiated, with all transferee and requisite service information feeding into that record.
That's eRelay, relocation's only industrywide, nonproprietary electronic commerce
network! Because it was developed with modular use options, you can access eRelay as
much, or as little, as you need to. You'll be able to take advantage of increased
processing speed and enhance your client, employee and customer responsiveness. And
transmitting documentation electronically lets you avoid the duplication of effort that
often occurs. Staff efficiency is dramatically enhanced, overall accuracy is improved, and
using staff resources more effectively minimizes operations costs! [complete article]
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The Employee Relocation Council's Center
for International Assignment Management
Your source for global networking, resources and
professional development!
The Employee Relocation Council is proud to
introduce the Center for International Assignment Management (CIAM). The Center provides a
much-needed resource for the individual involved in the complex field of global workforce management. Designed with
the input of leading practitioners in the field, CIAM is a timely and practical resource
that will help you do your job better and faster.
[complete article]
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International
Cendant International
Assignment Services Study Reveals Unique Challenges Women Face Abroad
(Danbury, CT, February 8, 2000) The number of female employees
transferred abroad is increasing, according to a recent survey by Cendant International
Assignment Services (CIAS). Internationally, women now make up 16% of all employees who
are relocating to other countries, up from 12% in 1997.
A study performed by CIAS revealed that female assignees
also face some unique challenges in the corporate environment abroad. Some of the
challenges include establishing credibility where gender hierarchy exists, overcoming
stereotypes and having to redefine their role as a female executive. Rita Bennett,
Managing Director of Cendant Intercultural, The Bennett Group, Cendant Mobilitys
intercultural training consultancy, noted however that "the vast majority of women
have proven themselves to be well-equipped as international assignees, able to call upon
strong collaborative and participative skills that serve them well in their new
professional contexts." [Complete Article]
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Getting the Numbers on International
Assignments
Fall 1998 -- New York, NY. The fifth annual Global
Relocation Trends Survey Report issued by Windham International and NFTC notes that
the number of respondents relocating 25 or fewer expatriates grew by 69% in this
years survey, and the number of respondents relocating 50 of more expatriates
declined. The respondents represented 177 companies that conduct business worldwide.
In creating the profile of the average expatriate, we see that
85% of expatriates are men; 74% are married and most (89%) go on assignment with a spouse.
Over half bring children. The most critical challenges reported are family adjustment
(68%), childrens education (67%) and spouse resistance (54%). While many companies
do provide some form of cross-cultural preparation (70%) and assistance for
childrens education (87%), spousal assistance remains a sticking point. complete article]
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A Look at Families Abroad
Winter 1997/1998 -- Women now comprise
14% of expatiates, compared to four years ago when they made up 10%, according to the
fourth annual Global Relocation Trends Survey Report issues by Windham International and
the National Foreign Trade Council (NFTC). Women are predicted to be 18% of the workforce
by the year 2000, a realistic adjustment from previous surveys that predicted women would
comprise 20% of the workforce by the year 2000. [complete article]
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Management
What Does It Take? Recruiting and Retention
Matthew J. Vossler, DAL Partners, and executive search firm
So what does it take to attract and hold on to key employees
short of bribery, coronation, or a visit from Tony Soprano? In todays new economy of
dot com -- twenty something millionaires, stock options, IPOs, Silicon valley and
alley, incubators, and venture capitalists, it may sound surprising that new innovations
like sound management that can clearly define goals and objectives, meaningful benefits, a
comfortable work environment, and likable fellow employees, may be the key ingredients of
successful recruitment and retention strategies. Complete Article
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FUN for GENERATION XERS
Cam Marston, Marston Communications
How can you create fun in your office that energizes, motivates, and
moves your people towards their goal? Check out these examples of what other companies
have done. [complete article]
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The bottom line on recruiting, motivating and retaining
Generation X-ers
Cam Marston, Marston Communications
Spring 1999 -- Generation X is giving employees fits. The employers
(generally baby Boomers or older) cant figure Xers out and are going nuts. I hear
them complain all the time, "Whats wrong with them?" they cry. When I ask
about these employees, the one thing that they all have in common quickly becomes clear.
They are between 22 and 33 years old -- Generation X. [complete
article]
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Professional
Development
Aligning for Success
Jon P. Kraushar, President, Jon Kraushar &
Associates, Inc.
What do a tailor, a mason and a sales person have in common? The
most successful ones are specialists in alignment. Alignment means achieving just the fit
your target audience wants. Whether your expertise involves buttons, bricks or any other
business, alignment is what you need to do, to succeed in your professional relationships.
Here are some categories where alignment counts. Complete
Article
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To Sell Better, Listen Better
Jon P. Kraushar, President, Jon
Kraushar & Associates, Inc.
It pays to listen, with your whole body. On
average, 20% of salespeople sell 80% of a company's products and services because they use
their eyes and ears to pick up buyers cues. In a survey of 432 corporate buyers, 87%
said that salespeople dont ask enough questions about their needs, while 49%
complained that salespeople talk too much. Read on to find out how to listen well! [complete article]
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page
Personal Work Behavioral Styles: A plan to Understand
Yourself and Others
as presented by Richard Christian, SCRP at the TRS Winter Workshop
Spring 1999 The Personal Profile
System is a self-assessment
instrument that presents a plan to help the you understand yourself and others,
specifically in the work environment. Completing this instrument heightens understanding
of your primary work behavioral style and identifies the environment most conducive to
your success. At the same time, you learn the differences of others and the type of
environment they require for maximum productivity. [complete article]
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The Magic Bullet: Make Them Like You And
Your Ideas Will Soar
Jon P. Kraushar, President, Jon Kraushar
& Associates, Inc.
Winter 1998/1999 -- If you want to influence others,
one trait is so much more powerful than all others: I call it the "magic
bullet." With it, your audience will forgive just about anything you do wrong.
With-out it, you can hit every bulls eye in the room and no one will be impressed.
Those who can be tough-minded but likable have the best chance to join the management
elite. Thats because the business arena is wide open to public scrutiny and requires
winning the goodwill -- the "like" votes -- of constituencies. These
constituents include employees, investors, government regulators, consumer activists, and
the news media. As Irving Shapiro, former Dupont CEO, said in an interview, "Today
(the CEO) is a quasi-public official who needs as much skill in dealing with people as any
Senator." [complete article]
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Building Your Business -- The Value of
Education
Matt Vossler, Relocation Resources
International, Inc.
Spring 1998 -- There is no doubt that education -- learning new
ideas and keeping current with industry trends and changes, and expanding your base of
personal and professional contacts are two key elements that any successful business
person recognized every day they put on a tie or log on to the net. The super flow of
information that is available to us instantaneously along with the immense changes that
are occurring in the market place every minute have a profound effect on ones
ability to stay up-to-date and to stay-in-touch! Furthermore, the globalization of our
marketplace (its prerequisites) in erasing time zones and trade barriers and creating
mandates for complete cultural awareness and understanding have added new meaning to the
phrase "know your customer." [complete article]
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Real
Estate
Technology Changes the Job Profile
An Updated Portrait of a Realtor®
Relocation Business News, July 16, 1999.
We all have the stereotype of the average real
estate sales person. Someone like the woman next door, a housewife looking for extra
income now that the children are older. Or maybe a younger woman with preschoolers still
at home. And sometimes an older man who has retired from his first career. We seldom think
of a dedicated, full-time professional. In the dark ages when I sold real estate, an
office would accept any candidate, hoping for one or two sales before they got frustrated
and left. There was often little training an computers hadnt entered the scene yet!
In reality, todays members of the National
Association of Realtors are better educated, embrace new technology and have more training
than his or her predecessors in the past, said a recently released survey. [complete article]
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page
Tax
and Finance
Legal Update from the 2000 June Event
Jeffrey A. Arouh, Esq.
Gilbert, Segal and Young, LLP
The year 2000 brings with it
fundamental changes to the real estate and relocation industries. Information that for
many years was regarded as secret or difficult to access is now available on the internet
for free. Business practices and businesses
themselves are changing to adapt to this "new world" of information
availability. These changes are breeding changes in the regulatory environment and in
other areas. Complete Article
Hot Relocation Tax
Issues from the 2000 June Event
David S.
Oltman
The Hessel Group
With regards to relocation expense
administration, many companies use the "28% supplemental withholding method"
during the year. No year-end "true-up" is performed based on the fact that
employees will use the tax firm called ReloTax® to prepare their Federal, State and Local
personal tax returns. After ReloTax® has prepared the tax returns, a "gross-up"
audit is done. A "with" and "without' move tax analysis is prepared
detailing any extra dollars the transferee may need to pay due to the increased tax
liability they may have incurred because of their move with the company. If the analysis
shows extra money is due the employee, those dollars are passed to the Payroll Department
for processing, and remitted to the employee, thus
keeping the employee "100% whole". If the analysis shows the employee was
"over grossed-up or withheld", the transferee is not asked to repay the company.
Complete Article
Business Processes and Financial Control
Aram Minnetian, VP Finance Weichert Relocation
Company
Synopsis coordinated by Joanne Rice, Princeton Properties
The term process is used frequently in today's business environment. In its
simplest form, process is a set of activities, or tasks, that taken together produce a
result of value to a customer. In a much broader sense, process includes virtually
everything that goes into running a business or performing a service - such as people,
customers, data, systems, etc. The extensive application of business processes throughout
the relocation industry stems from the fact that efficient, customer-oriented business
processes represent one of the surest ways for organizations to achieve high levels of
transferee satisfaction and, at the same time, realize extraordinary improvements in
productivity and efficiency. Complete Article
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Gross-Up Issues with Terminated Employees
Aram Minnetian, CAP, Vice President of Finance
at Weichert Relocation Company
Winter 1998/1999 -- Gross-up procedures should include routine
reviews of relocation expenses for terminated employees. These reviews should focus on the
issues of residency and payback agreements. On the basis of your review, you may conclude
that certain benefits may be excluded from taxable wages. [complete
article]
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Technology
Dont Overlook On-Line Opportunities
Betsy Burlingame, Founder and President
expatexchange.com
It's astounding to think that five short years ago a family
relocating to another state or country had difficulty finding helpful information on the
Internet about their future home. Today, that same family is able to find a realtor, chat
with them online, virtually tour neighborhoods and homes -- even buy the house of their
dreams - all without ever leaving their computer keyboard. I'm not saying it's a
hassle-free process. The next five years will definitely bring calm to Internet chaos.
But, if you're a relocation company or employer supporting transferees, a wait-and-see
attitude is not even an option when it comes to planning your company's Internet and
Intranet strategies. [complete article]
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Technology Changes the Job Profile
An Updated Portrait of a Realtor®
Relocation Business News, July 16, 1999.
We all have the stereotype of the average real
estate sales person. Someone like the woman next door, a housewife looking for extra
income now that the children are older. Or maybe a younger woman with preschoolers still
at home. And sometimes an older man who has retired from his first career. We seldom think
of a dedicated, full-time professional. In the dark ages when I sold real estate, an
office would accept any candidate, hoping for one or two sales before they got frustrated
and left. There was often little training an computers hadnt entered the scene yet!
In reality, todays members of the National
Association of Realtors are better educated, embrace new technology and have more training
than his or her predecessors in the past, said a recently released survey. [complete article]
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The Truth About Technology and
Its Impact on Relocation
Dan Amdur, President, Orion Relocation
Services, Inc.
Spring 1998 -- Relocation always has been -- and always will be --
about communication, productivity, expectations, service and cost. The only way to improve
these outcomes is to improve the process, and todays technological tools equips us
to improve the process dramatically. We now have the ability to unleash efficiencies that
will set new standards of quality within our industry! [complete article]
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Trends
A Great New World
G. Michael Loewe, Lion Mobility Consulting
Spring 1998 -- It is a Great New World, albeit not an easy one. For
all of us in Human Resources and Relocation the challenges and opportunities are more
significant and positive than in the past five decades. We live and work in a world that
is fast paced, rapidly evolving and presenting a mind expanding set of opportunities with
the dawn of each day. We are challenged by business globalization, by multi dimensioned
competition, by corporate and supplier consolidation and our individual needs to
prioritize efforts in the mists of a multitude of options. Should we choose to avail
ourselves of the benefits of this Great New World, we stand on the threshold of a
brilliant future. [complete article]
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new faces . . .
Going Places
. . . new places
Winter 2000
Danbury, CT ERC
Statistics indicate that 44% of all 1998 transferees involved renters. Recognizing and
responding to the need for rental locator services for relocating employees, Cendant
Mobility has introduced the industrys first national rental finding network for
corporate and government transferees: the Cendant Mobility Rental Locator Network.
Taking a new and innovative approach to rental programs, Cendant Mobility has formed an
alliance with nearly one hundred rental locators, led by Cendant subsidiary Rent Net
(www.rent.net) and including Apartments Nationwide, the countrys largest locator
affiliate.
Rental locator firms, specializing in rental
assistance, have developed relationships with major apartment complexes and have created
systems and unique programs tailored to meet the needs of the rental transferee. Cendant
Mobilitys new rental locator service is offered in all fifty states and complements
what Cendant Mobility already provides through its GlobalNet providers in more than
seventy countries around the world.
Danbury, CT George Powdar has been promoted to Vice
President, Operations Controller for Cendant Mobility. Bringing more than seventeen
years of experience to his new role. Powdar will be responsible for the billing, equity,
closing, accounts payable and client reporting functions for the company.
Wayne, PA Patricia (Tish) Misell has joined Commonwealth
Relocation Services, Inc. (CRS) as Relocation Coordinator. She is responsible for
assisting and counseling transferring employees through the relocation process. She also
serves as a liaison for CRS corporation clients and the company relocation
service providers.
Darien, CT -- Recently, the format of Craighead Countries Online
was upgraded to individually address the four key audiences requiring international
country information; Long-term Assignees, Short-term Assignees, Business Travelers and
others conducting international business, what Craighead refers to as "Virtual
Travelers". Links to country-specific and general international information on the
Internet have been added making Craighead Countries Online the most comprehensive,
up-to-date single source available.
Landing, NJ Crowfutt & Smith Moving and Storage is
please to announce the additional of George Watson as Senior Vice President of
National Accounts. George has been the recipient of many industry awards and honors and
has been very active with ERC.
New York, NY Douglas Elliman has appointed Paul F. Purcell
Chief Operating Officer/ Managing Director. In his new position, Paul will be responsible
for all administration and operations for Douglas Ellimans New York and suburban
offices.
Liberty Corners, NJ Industry veteran James Simon has
been named the new president of GMAC Relocation Services. He brings over 20 years
of senior management experience in relocation and real estate to the position. GMAC
Relocation Services, (GRS) a subsidiary of GMAC Home Services, has acquired CHA
Relocation Management, Inc. a full service relocation management firm based in San
Ramon, CT. Other recent acquisitions include Argonaut Relocation Services, Morrell
& Associates, Windham International, and The Relocation Assistance Cooperative
(TRAC).
Ridgewood, NJ Stephen J. Eschbacker has been named
president of Household Movers Services. He brings to this position 22 years of
experience in the moving and storage industry.
New York City The Intrepid New Yorker LLC
announced today that they were expanding their unique personal approach to relocation
counseling and consulting because of growing demand for their quality services in the
suburban market. Kathy Mayer Braddock and Tory Baker Masters, Partners of
The Intrepid New Yorker announce that Sylvia Ehrlich, CRP, has joined the
partnership to spearhead the expanded suburban component of the companys premiere
destination services. Because of the success of a strategic alliance throughout the 1990s, between Sylvia
and her suburban company, Relocation and Real Estate Consulting Services, and The Intrepid
New Yorker, the logical step was simply to join forces.
The two leaders of INY described their new
partner, Sylvia, as a highly respected leader within the relocation industry and a pioneer
in the field of destination services, international counseling and settling-in
services." Sylvia was one of the first to receive the official designation of
Certified Relocation Professional, (CRP).
Rocky Hill, CT When Peter G. Helie purchased Prudential
Connecticut Realty, he set forth a strategic plan to enable to company to continue to
do business successfully into the 21st century. The planned initiatives include
setting up universal e-mail accounts for the 1000 sales executives and employees of the
firm, and providing computerized direct-mail capabilities for the 32 Prudential
Connecticut Realty offices around the state.
PRC has commissioned IPIX, the leader in 360
degree imaging, to photograph select homes for virtual tours its upgraded web site.
The state-of-the-art IPIX photography creates a sense of actually standing in the center
of the room and taking a look around, all through the computer screen.
Chicago, IL RELO, the nations largest network of
independent real estate brokers, has appointed Pamela K. Chute, CRP as Regional
Vice President, Membership Northeast. Pamelas responsibilities will cover member
needs from Maine south through New Jersey,
Somerville, NJ Relocation Dynamics, Inc. (RDI) is
pleased to announce the appointment of Barbara Howard, CRP as Business Development
Executive for the New York metropolitan and Northeast areas. An 18 year relocation
professional, Barbara has experience in operations, account management, and sales. Barbara
will operation out of RDIs Connecticut office.
Sharon Morris has been hired as the
Client Service Manager, and her duties will include the hiring and supervision of the
Client Services Department, as well as the ongoing CSD education and training. Sharon
brings with her an in-depth knowledge of the corporate (client) requirements with over 12
years experience within the relocation industry.
New York, NY John Bemont of Bemont and Associates has
been retained to manage the Victory Relocation Services, Inc. Consulting Division.
As Managing Director of Victory Relocation Services, he will focus on maximizing
relationships between corporate relocation departments and their service providers.
Ridgewood, NJ In August Voyager International, Inc.
officially became Arpin International Group, the international division of Paul Arpin Van
Lines. All operations staff have remained the same, maintaining the right level of
professional service. Already a national provider of international moving services, Arpin
International Group is developing Regional Service Centers in major gateway cities, to
further strengthen their position as a quality leader in worldwide moving.
CRN Announces International Conference
Consider attending the Paris Conference sponsored by CRN News in
association with the International Herald Tribune. The International
Conference on Career Management and Employee Mobility will be held in Paris on November
17-19. More than 12 hours of advanced professional education has been
assembled. For information on the conference or registration, please contact
Kate at 1-800-872-6863 or kate@boundinternational.com
TRS to Hold Charity Auction To Benefit Abused Women
Stirling, NJ . . .As TRS continues to grow and enjoy the support of
its members, we believe that it is time to return something to the Tri-State community. In
conjunction with this year's Annual Fall Dinner, TRS is holding a benefit auction in honor
of its Founders, with proceeds going to the Devereux Foundation's Deerhaven. Deerhaven
serves girls and young women who have been victims of domestic, emotional and sexual
abuse. Deerhaven's goal is to help these women strengthen their self-esteem, gain a
positive attitude toward learning and community, and to build positive interactions with
others so that they may become contributing members of society.
"We're excited to give something back as an organization,"
explains TRS Vice President Cheryl Wright, "and Devereux is a very worthy
cause." For more details on the upcoming auction, see related story on page 2.
Cendant Mobility Broker Network Fulfills Amandas
Dream
Danbury, CT, Amanda, a nine year old Connecticut resident,
has rhabdomyosarcoma, a form of cancer. Like all children her age, she has always wanted
to visit Disney World in Florida. However, this was simply not a possibility until Cendant
Mobility Broker Network and Make-A-Wish Foundation of Connecticut became involved.
Through a donation to Make-A-Wish, Cendant Mobility was able to send
Amanda, her parents and her younger sister to Disney World this past spring. After the
trip, Amandas mother wrote, "We all loved Disney, especially Amanda as she
grows up with all her Disney videos. Amanda loved the theme parks and had a wonderful
time." |