Corporate relocation – definition – what does it mean?

Corporate relocation is the term used to describe EITHER when a business has to relocate its premises to another location (Business Relocation) OR when a business has to move one or more of its Employees to another location (Employee Relocation).  The term “corporate relocation” is used to define both these types of business relocation.

CORPORATE RELOCATION – Business Relocation - Businesses relocate premises for a variety of reason, for example

• Need for more space
• Lower costs
• Lease expiry
• Tax incentives in new location

Nowadays more & more business relocations are taking place on an international basis as countries and regions compete to attract major employers to their area.

CORPORATE RELOCATION – Employee Relocation – Employers need to move staff to another location for many reasons, for example

• In connection with a business relocation (which often involves a group of Employees relocating at the same time – a so-called “group move”)
• To start conducting business in a new country or region
• Specialist expertise is needed in a particular location
• To fill a position at the location that has become vacant
• To troubleshoot at the location where, for instance, a crisis has occurred

An Employee Relocation may be temporary (short term) or more permanent (long term).

Both types of corporate relocation (Business Relocation & Employee Relocation as described above) involve substantial costs & some risks.  Most businesses engage the services of a specialist corporate relocation provider, like Saunders 1865, to help them (among other things):

• Manage of each relocation project efficiently
• Ensure that their relocating Employees & their families are kept happy
• To keep costs under firm control
• Minimize risks

Some Employers make the mistake of not providing high quality relocation support to their Employees.  It is a false economy.

Employees who are worried about important aspects of their private lives (e.g. their home, children’s schooling, spouse’s happiness, etc.) are less productive.  Sometimes the relocation of a family will need to be reversed which greatly adds to costs.

It therefore pays to use a premier provider of corporate relocation services like Saunders 1865.  We are well-known for providing high-end corporate relocation services on a very personal basis.

We are best known for delivering corporate relocation services to North American executives & their families who are relocating to the UK & Europe.

Click here to browse the types of corporate relocation services that are available.

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