Relocation Trends: The Rise of Core/Flex Policies
The world of global policy development is changing. Traditionally, relocation policies provided a set amount of relocation entitlements with some flexibility, but not enough to meet the relocating employee’s population’s ever-changing needs.
Recent relocation trends show that companies are now responding more strategically to those needs by implementing core/flex policies. Core/flex policies are designed to offer both standard and flexible relocation benefits intended to maximize assignee satisfaction while minimizing exception requests. This approach to mobility policy management presents a win-win situation, with the relocating employee having access to the appropriate relocation entitlements and the employer benefiting from cost containment on the relocation program.
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