Budgetary Analysis
Cost of Living Analysis
Lump Sum Calculations
Group Move Management
Relocation Policy Assistance
Employee Policy Counseling
Expense management for relocations is one of the most
important services provided in an outsourced relocation
program. This service returns valuable time to your Human
Resources and/or Payroll Department while providing relocation
tax expertise to your company.
Services Include:
Our team will manage the following process:
- Expense approval per your policy
- Expense audit
- Tax coding of all expenses to policy and current tax law
- Payroll tax withholding, wage updates and reporting
- Year-end tax Gross-up
- Providing a copy of our Relocation Tax Advisor publication for transferees
- Management and ad-hoc reporting
- Worldwide expense tracking
- International currency conversion
- Check and ach processing
- Manager login to the company database
- Employee login to their personal record
- Online expense submission with international currency conversion
- Secure data storage in the same facilities used by the Federal government
Based on your relocation policy, REM Management Group can provide
you with budgetary numbers for that will give you an informed decision on that candidate you are thinking about hiring or a possible transferee's relocation. This
will include costs associated with home finding trips,
lease cancellations, home sale, household goods move, storage,
home buying, rental broker's fees, temporary living, vehicle
shipping, etc...
Whether your transferee is a homeowner or a renter, REM Management Group will provide you and your transferees with an analysis of
the origin and destination communities. This analysis will
provide information on the differences in salary, housing
costs, property taxes, payroll taxes, utilities, etc...
The lump sum allowance provides a single, up-front payment
to the U.S. transferee for expenses related to home finding,
temporary living and the final move. Each report is customized
to reflect the employee’s family size and the company
specific policies governing these expenses and includes
detail on such costs as airfare, short and long-term lodging,
meals and car rental.
A group move can present difficult challenges
that may not be able to be handled by your companies internal
resources. You may not have the experience, capacity or even the desire
to manage a group move in a cost effective, service driven
manner. REM Management Group can provide a cost-effective plan
to ensure proper planning and execution.
REM Management Group can develop a complete package of services
and programs to address all phases of group relocation,
including: policy development, on-site consultation, marketing
assistance, home finding assistance, rental assistance,
destination area tours and the coordination of the move
process that will coincide with the needs of the transferees
and the corporate client. Our services will begin at the
earliest planning stages and continue through its entirety
until transferees are settled into their new area.
A well-designed relocation policy is imperative
to a successful relocation program. Communicating this
policy to transferees is just as important. We will review
your current policy or help you design a policy if you
do not already have one in place. In reviewing the policy,
we will consult with you on policy issues, concentrating
on those that impact the quality of service and the cost
of your relocation program
Employee counseling is a key element in the
overall success in relocation. Your transferees will be
counseled on all aspects of your relocation policy throughout
the relocation process. Our program allows your transferees
to receive guidance on all policy issues through a single
source, as well as allowing Human Resources to apply itself
to more productive issues. |
