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How Much Do You Know About Relocation?

Exceptions, or expenses that were not originally intended, can impact your company’s annual relocation spend. What's the average amount spent on exceptions in a typical relocation program?

That’s right!Sorry, you’re incorrect! The average amount spent on exceptions is typically 12.5%.*

If your company is spending more than 5% of its total relocation spend on exceptions, it’s time to take a look at your program.

*Results based on a recent NuCompass study conducted to investigate the effect of exception spend on total program costs.

Latest Blog Posts

Where are the Millennial Real Estate Agents?

One of the requirements for NuCompass Connect real estate agents is to have a minimum of three years of experience in tax-protected home sale transactions. This ensures our agents are experienced in relocation real estate transactions. As baby boomers begin to retire, though, there has been a decline in experienced real estate agents.

Government Affairs Community Update

The latest issue of the Worldwide ERC® (WERC) Government Affairs Community Update addresses several topics, with Tax Reform the leading discussion point. WERC advises that progress on tax reform has slowed while the Senate remains focused on health care. There are no drafts of legislative language that would indicate specifics of a new tax plan, and there are conflicting reports as to the expected timing for a unified plan to be available. Hearings are continuing in advance of the expected August recess.

Will the Partial Travel Ban Affect Employee Relocation?

The Supreme Court delivered a mixed ruling on Monday, June 26, 2017, that allows President Trump to implement the travel ban against six countries — Iran, Libya, Somalia, Sudan, Syria and Yemen — but only for travelers with no "bona fide" relationship to the U.S. Those that have established ties will be allowed to continue entering the country, and the justices provided examples of who may enter the country, including when a U.S. business has given a job to a worker from one of the targeted countries. 

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