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Transferee Relief for Rapidly Rising Interest Rates

Transferee Relief for Rapidly Rising Interest Rates

Mobility Trends and Hot Topics

Homebuyers today are feeling the financial pinch as rising interest rates compound affordability challenges brought on by record home value growth. This time in 2021, the average interest rate on a 30-year home loan was below 3 percent. In late April 2022, the 30-year mortgage rate surpassed...
Finding a Balance: Permanent vs Temporary Policy Changes

Finding a Balance: Permanent vs Temporary Policy Changes

Mobility Trends and Hot Topics

Simultaneous Directives “Attracting and retaining talent is tougher than it has ever been, workers are quitting at high rates. The lack of qualified candidates and a competitive market pose significant challenges,” reports Forbes Magazine. Knowing this, Global Talent and HR...
Five Tips Before Taking Your Furry Friends on International Moves

Five Tips Before Taking Your Furry Friends on International Moves

Mobility Trends and Hot Topics

At NEI, we believe pets are family too! Here are five tips to consider before relocating internationally with one’s pets: #1 Meet with your veterinarian Ask your vet to check on destination requirements for your pet’s vaccinations and quarantine rules. Ask your vet for advice...
Remote Online Notarizations Gaining Popularity

Remote Online Notarizations Gaining Popularity

Mobility Trends and Hot Topics

Notary publics are state-licensed individuals who serve as impartial witnesses to the signing of important documents to deter fraud.  Most state laws required notarizations to take place in-person and use “wet ink”, but COVID-19 shutdowns and social distancing made this...
Getting Recruits to a "Yes" for Relocating

Getting Recruits to a "Yes" for Relocating

Mobility Trends and Hot Topics

So much of convincing a recruit to accept a new position in a new location is based on understanding what is important to them. A thorough needs analysis with your candidate by your NEI Account Executive provides the information to identify ways to help your recruits learn about – and fall...
Repayment Agreements & the Great Resignation

Repayment Agreements & the Great Resignation

Mobility Trends and Hot Topics

Recruitment vs. Retention Repayment Agreements are legal contracts between employees accepting relocation benefits and their company. The agreement helps companies recover all or portions of the relocation investment should an employee resign within a specific period after the relocation...
How Rapidly Rising CPI Impacts Relocation

How Rapidly Rising CPI Impacts Relocation

Rising energy, food, rent prices are seen everywhere today.   The March 2022 all items Consumer Price Index (CPI) inflation rate hit 8.5 percent annually – a new 40-year high with continued surges in costs. Mobility programs are not immune to inflation. Consider the following...
Inflation Nation - Relocating Renters Hit Hard

Inflation Nation - Relocating Renters Hit Hard

Mobility Trends and Hot Topics

Rising Rates and Rents Everything seems to be subject to inflation increases lately and more expensive. Rent is no exception… In 2021-22, rents rose to an average of $1,877 in America’s 50 largest cities. In a “normal” year, rents typically increase three or...
Top Considerations for Winning the War for Talent

Top Considerations for Winning the War for Talent

Mobility Trends and Hot Topics

The First Step Towards Change is Awareness Facing the tightest labor market in decades, recruiting, and retaining talent today is no light issue. In our “point, click, find a new job” world, companies are fighting aggressively every day to win the war for talent, that is, all...
Top Home Design Trends for 2022

Top Home Design Trends for 2022

Mobility Trends and Hot Topics

The National Association of Home Builders (NAHB) reported home buyer preferences have continued to reverse trends in home building, responding to new interests including a desire for bigger homes, suburban locations, and more outdoor amenities. Such changes have resulted in building of bigger...
Navigating a Swamped IRS

Navigating a Swamped IRS

Mobility Trends and Hot Topics

The Internal Revenue Service’s (IRS) workload has been increasing for years as its headcount has been contracting.  Like other employers facing this labor shortage, the IRS is also having its own difficulties finding enough qualified job applicants. Coupled with limited funding and...
Car Rental Prices Skyrocketing

Car Rental Prices Skyrocketing

Mobility Trends and Hot Topics

Car rental prices soared during the pandemic and they are expected to continue to rise throughout 2022 with no end in sight: A study by Confused.com, a comparison website for insurance, showed in July 2021, rental car prices were over 40 percent higher than the year before in the U.S....
Why Are Americans Moving?

Why Are Americans Moving?

Mobility Trends and Hot Topics

The pandemic stimulated a need for employees to work from home, which fueled a movement to work-from-anywhere. That phenomenon triggered an exodus from more expensive cities to more affordable suburban locations. In fact, suburban and rural areas have seen more people moving in than out,...
Russia - Ukraine Crisis Potential Impact on Global Mobility

Russia - Ukraine Crisis Potential Impact on Global Mobility

Industry Alert

Our hearts go out to the people of Ukraine and the surrounding countries, and we hope there will be a swift resolution to the crisis at hand. First and foremost, we want to make sure your employees are safe and understand how they are supported by their company. Consider putting a pause on...
Top Ways to Manage and Track Policy Exceptions

Top Ways to Manage and Track Policy Exceptions

Mobility Trends and Hot Topics

Costs continue to be a top mobility program priority and proactively managing and reducing relocation policy exceptions helps drive savings for corporate programs. Regardless of how up-to-date, generous, and reflective of company culture one’s policy may be, employee exception...
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