Comprehensive Study on Relocation Management Software Industry

Comprehensive Study on Relocation Management Software Industry

Relocation services, employee relocations, military permanent station changes (PCS) or labor mobility comprise a number of internal business processes to relocate employees, their families and / or entire departments of a company to a new location. Like other types of employee benefits, these processes are usually managed by human resources professionals within an organization. In the military, these processes are managed by the Transportation Management Office (TMO) and the Personal Property Shipping Office (PPSO).

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Some of the key players of Relocation Management Software Industry:

Equus Software LLC, Gerson Relocation, MCS Solutions, mLINQS, NuCompass Mobility Services Inc., Orion Mobility, ReloAssist, ReloTalent, RMW, UrbanBound

Such business processes may include domestic housing services, where an employee moves within a country or state, as well as international moving services, which include planning diplomats, managers, etc., who work overseas. An agency providing moving services directs and manages the moving process, including organizing the necessary documents (visa, long-stay permit), finding a new house (accommodation), finding a school for children (education), searching looking for a job for the partner or "subsequent spouse", finding a teacher for the family (language training) and introducing expatriates to the local culture.

Sending an employee to work in another country (sometimes referred to as a "global job" in current HR jargon), which goes back to the Dutch East India Company, has generated significant costs and theoretically opened up the potential for financial returns for the employer. With tax compensation, housing benefit, adjustment of the cost of living and other benefits, the typical expatriate allowance package is two to three times the basic salary of the home country. For example, an expatriate with an annual salary of € 100,000 costs the employer € 200,000-300,000 per year incl. the moving costs. Short-term contracts result in lower costs, especially when tax thresholds are avoided.

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