Should I Use a Relocation Management Company?
March 19, 2024
Amy Smith, Director of Global Mobility Strategies, at NEI Global Relocation explores the benefits and challenges of handling relocations in-house versus outsourcing to a Relocation Management Company (RMC). The speakers highlight the potential cost savings and efficiency gained by outsourcing to an RMC, emphasizing the specialized focus on mobility that RMCs offer compared to in-house HR or benefits departments. The analogy of building a cake is used to illustrate the potential inefficiency of trying to manage relocations internally, while an RMC's expertise, efficiency, and extensive experience are underscored as valuable assets. The discussion emphasizes the cost-saving potential through RMCs' volume-based contracts with service providers.