A lump sum relocation package is a financial allowance that a company offers an employee to help the employee relocate. Lump sum packages can help employees settle in and return to work faster because they provide more flexibility to move quickly
Back in 2021, Benefits magazine wanted to know the trends our team expected that year in global mobility policies. Our answer back then, in the height of the pandemic, was what we dubbed the Year of the Pivot.
The first step in taking DEI&B policies global is for global mobility managers to look closely at the tools we are using to facilitate employees’ global assignments.
A CapRelo study uncovered three consistent themes when it comes to how global mobility leader organizations are maturing their DEI&B approaches, including rethinking outdated policies, a broader mix of candidates, and creative assignee benefits.
Inclusive design for global mobility can remove barriers and make international opportunities more accessible to diverse individuals. Here are four key reasons why aligning mobility and DEI&B are win-wins.