While organizations may wish to utilize a managed capped move program to control costs, it is important to consider all the factors that may have an impact on this type of program, including employee productivity and experience, relocation goals, talent management, company culture, and exception management. Our latest white paper, “Benefits and Challenges of Capped Move Programs,” explores these elements and looks at the best practices required to successfully design such a policy.
In a capped move program, the relocating employee is provided with a relocation policy which includes various service offerings and a maximum dollar amount that cannot be exceeded. Some corporations choose to cap a policy benefit versus capping the total relocation costs.
If a capped move is what you decide to provide, taking a thoughtful approach upfront to managing the program will save you time and frustration down the road.
Our white paper shares key considerations for administering a capped move relocation program, including the typical benefits that should and should not be included, to ensure a positive employee experience.
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