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Employee Relocation Services for Business

Getting Back To Basics – and Increasing Profitability

If you are a CEO or business owner in Southern California, you know the business climate in California is changing, and providing many new challenges.

These challenges include:

  • Rising taxes
  • Complex regulations and red-tape
  • High cost of living for employees
  • Competitive labor market and labor shortage
  • High labor and healthcare costs

For these reasons many business owners are considering moving their Corporate HQ or establishing a satellite location outside of California

*Top ten states that gained the most from California business relocations:

Why Location Matters

Businesses commonly cite five main reasons for moving:

  • Labor and work force issues
  • The desire to reach new markets
  • The need to upgrade facilities or equipment
  • The desire to lower costs or increase cash flow
  • Considerations about quality of life.

Employees also have their own reasons for considering leaving California. In fact, many employees in Southern California are actively looking for jobs out of state.

*Top ten municipalities gaining company migrations from California:

How We Can Help

If you are considering moving your business out of California, one of your biggest concerns may be retaining your key employees and ensuring they are on-board with the move. By communicating and providing a full-spectrum of relocation services to your employees, you are helping them to “buy-in” to your vision, and helping to make their family’s decision an easier one. The good news is, you don’t have to have an in-house relocation department, or task your HR director with the details. By partnering with LeavingSoCal.com, you can now offer these relocation services to your employees:

  • Discovery consultation
  • Area tour and home finding trip
  • School location assistance
  • Home selling and home buying services
  • Mortgage financing assistance
  • Moving/Transportation services
  • Pack/Unpack/Storage services
  • Utility and connection services (cable, electrical, gas, internet, phone, home security, etc)
  • Mail forwarding

*Top ten California counties losing the most companies:

Ways to Structure Relocation Assistance

There are several ways to handle relocation assistance funds for your employees. Here are a few common ones:

  • Lump Sum
    A predetermined amount of money for relocation expenses given directly to the employee. Since this can be counted as income, employers usually “gross up” this amount to adjust for taxes
  • Reimbursement
    Employee pays upfront costs and is reimbursed. Amount is capped, and expense reporting is done by employee
  • Direct Billing
    Employer directly pays service providers to cover relocation-related expenses

*Top ten nations attracting California businesses:

If you are considering relocating your business out of Southern California, call us for a no-cost

consultation and assessment. Your inquiry is completely confidential.

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*Spectrum Location Solutions LLC study
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