blogs / 9 Jan 2024

achieving cost savings through policy design: a two-part guide for relo professionals – part one

The art of crafting a relocation policy that perfectly balances cost savings, assignee satisfaction, and talent acquisition is the ultimate goal for relocation management professionals. Our two-part white paper series explores how to achieve relocation policy excellence, where meaningful cost savings harmoniously coexist with ensuring assignees and their families feel supported and valued throughout the relocation process.

In our first part, “Achieving cost savings through policy design – part one,” we provide strategic guidance on how to build a policy framework that will work for you and your relocating employees.

The white paper is now available.

From getting started on your policy redesign journey to specific methodologies, this is your New Year guide to asking the right questions when you begin reviewing your policy for cost-effectiveness:

  • Are international assignments occurring for the right reasons?
  • Which moves are business-critical?
  • Before an assignment or relocation, is there a detailed plan (the purpose of the assignment, the priorities, and desired outcomes)?
  • Are the right employees being chosen for each assignment? Are selection managers equipped to make the right choices?
  • Is the receiving manager suitably informed and trained to enable them to maximize the potential of the assignment?
  • What needs to be in place to make sure the assignment succeeds?
  • Is support in place for accompanying family members?

Approach your policy review with an open mind, some creative thinking, and stakeholder input, and you will uncover new and innovative ways to enhance your program and deliver cost savings to your organization.

find out more

Read Part Twoof this series, exploring how organizations have applied our strategies and realized cost savings.

If you have any questions about this topic or any other aspect of your mobility program, please contact your Cartus representative or email cartussolutions@cartus.com.

Terri Bonfiglio

about the author

With more than 35 years’ experience in the mobility industry, Terri joined Cartus in 2005 and supports our global Consulting Solutions group, which is responsible for developing and overseeing global client initiatives in the areas of HR and talent technology solutions, program benchmarking, policy design and writing, and group moves.