Just as individuals earning a Business Administration degree in college often go on to earn an MBA, professionals in many segments of the employee relocation industry often seek special certifications that attest to their expertise.
A gross-up is an amount of money that an employer adds to a payment to cover income taxes their employee will owe for that payment. This additional gross income helps relieve the employee of the tax liability associated with relocation expenses.
The complicated landscape of employee relocation can divert important resources for companies which try to manage mobility in-house. Relocation management companies (RMCs) alleviate this burden for their clients.
If COVID disruptions weren’t already enough of a challenge for global mobility business leaders to traverse, we can now add in the Great Resignation, a supply chain in disarray and an unpredictable business outlook going into 2022.
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