The Role of HR Leaders in Business Integration

by Malak Kazan, CECP, CCP, CBP, GRP 17. May 2016 14:29
HR leaders manage the human side of business transactions during the due diligence, deal close, and business integration stages. The strategic questions about how a new business target aligns with business objectives related to growth in new products or services, accessing new geographic markets, and/or recruiting mission- critical talent have already been answered during the research to identify the business target. During due diligence, the focus is on uncovering any red flags (if any) that may end the discussions for a host of different reasons. Once there is a definitive agreement signed to pursue the acquisition, the terms of the purchase are detailed with specific buyer and seller responsibilities. Then the heavy lifting begins with business integration to realize the intended business synergies. [More]

Talent Management and Employee Relocation

by Malak Kazan, CECP, CCP, CBP, GRP 9. March 2016 13:31
Organizations are offering more innovative, flexible relocation programs as a way to align talent management strategies to business operation demands and to better compete in the war for talent. The employee (and family members), performance managers, and human resources are critical stakeholders in the process. Whether the company initiates a relocation for business and professional development purposes or the employee initiates it for personal family or career interests, the stakeholders collaborate to make an informed decision about the move. Cost of living, compensation, and career management are three factors that need to be evaluated to ensure a relocation is successful. [More]

Metrics for Cost-of-Living Analysis

by Marillyn Tefft, Senior Researcher 5. May 2015 14:36
Cost of living is frequently a key decision metric for opening and relocating business units. It is common for management to ask relocation and HR professionals to compare the company’s locations to the US National Average cost of living as a benchmark in analysis. The Relocation Assessor databases contain data for over 6,000 US locations of all sizes, which are used to establish this important benchmark. Since many companies are located in larger cities, it is useful to consider other averages in benchmark comparisons. Housing costs (both rental and home ownership), a key component of cost-of-living differentials between locations, are significantly higher in large cities. Using the cloud-based Relocation Assessor, we develop two additional benchmarks below: a US Large City Average and a US Large City Average which excludes New York City (NYC) and San Francisco (SF). The following cities are included: Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, Miami, Philadelphia, San Francisco, and Washington, DC. [More]

Renting and Owning in Cities and Their Metro Areas

by Marillyn Tefft, Senior Researcher 16. March 2015 18:02
The decision to rent or own in a new city is often a key concern to relocating employees. Heightened awareness continues to be stimulated by recent headlines of rental prices increasing and tight vacancy rates. Compensation, HR, and mobility professionals require accurate housing data to provide useful cost-of-living metrics to relocating employees and to contribute to analysis used by management in business decisions. The Relocation Assessor data sets provide in-depth comparisons needed for these multiple uses.
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Cost of Living Index

by Marillyn Tefft, Senior Researcher 20. January 2015 13:28
ERI’s Cost of Living Index ranks the price of goods and services in heavily populated US cities as a percentage of the national average. Data is provided by ERI's Relocation Assessor. [More]