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Setting up relocation budget

Best Practices for Managing Relocation Budget and Costs

By | Corporate support

Relocating an employee requires a lot of organization from your company. Your employee might need to sell their house, or get a temporary house in their new home country, for example. All these responsibilities result in inevitable costs and setting up a relocation budget quickly becomes a necessity. In this blog, we will share best practices for doing this.

Employee relocation budget

Employee relocation expenses — what to expect

No one likes unpleasant surprises. That’s why you want to be prepared for the costs that come with relocating an employee. Before setting up a budget, you need to bring all the foreseen expenses together so that you have an overview of what to expect. When listing employee relocation expenses, you will have to keep at least the following in mind:

  • Accommodation – including selling or buying a house, finding a potential temporary home to rent etc.
  • Moving goods – moving furniture can be very expensive, this is something to keep in mind when budgeting
  • Travel – the move itself will cost money as well, think of plane tickets, extra fees for a travelling pet, rental car etc.

If you are looking for ways to reduce employee relocation costs, head over to our blog post on how to go about this. 

Setting up a relocation budget at the right time

When it comes to relocation, timing is everything, and the same goes for setting up a relocation budget. If you’re not prepared when you’re extending the offer to your employee, they might decide they don’t want to relocate for your company. Asking someone to leave their safe environment behind is not trivial and acknowledging that is crucial. That’s why the timing of setting up a relocation needs to be around the same time your employee receives the opportunity to relocate. 

This is especially important when you’re making use of a relocation company like Jimble. The reason for this is that we can take care of any concerns or questions your employee might have. After all, a lot will change, so naturally your staff will want to be reassured. When you use Jimble, you and your employee will be content knowing that everything is taken care of. In this way, your employee can ease into the new location, which means better performance for your company.

Interested in how we can help? 

Curious what we can do for your company? Please contact us, and we would be happy to assist!

Further reading:

relocating

The Great Resignation and How to Manage it

By | Corporate support

The change in working conditions during the last few years has led to a phenomenon that is often called “the great resignation”. This is referring to people quitting their jobs for various reasons. The great resignation is probably not the best of terms to describe what is going on, as it implies that people just give up and stop working. A more accurate term would be “the great work change”. In the US, the number of people quitting their jobs each month is hitting new records. In November 2021 4,5 million people resigned from their jobs. Apart from the baby-boomers, who are retiring in large numbers, people are changing jobs.

What fuels the resignation wave?

There are many reasons why people want to quit their current job. It may be because they look for a more favorable work-life balance. Some people have moved from the big cities to a rural setting and have to find new jobs as they cannot work remotely anymore. Of course there are those who change jobs to get a better salary. After all, the economy is booming and corporations are hiring. Some people feel burned out at their current workplace and want to start something of their own.

The resignation wave, or job change wave, is not only a US phenomenon as it is also visible in Europe. In Germany, for example, more than a third of the companies feel a shortage of skilled workers. While the most common reason in Europe to quit a job is that the person got a better offer somewhere else; mental health issues have also emerged at the top of the list. Almost three out of four young Europeans have experienced burnout that is related to work.

woman relocating

How can employers turn the process around?

What can managers do to retain people at work? For one thing, instead of just looking at the numbers, they should look more at the person delivering those numbers, and make sure the person feels valuable and cared for. Failure to retain employees means that companies have to start hiring in large numbers. Poaching employees from a competitor in the same city is probably the easiest way, but it just leads to higher salary costs without necessarily improving performance.

Eventually, corporations need to look further out if they want to hire new talent. Offering convenient relocation & destination services is one way of making it easier to acquire new talent from other cities or countries. Also, as employers often have a fairly rigid salary range for certain types of jobs, an attractive relocation package is an effective way of reaching out to a potential new employee in cases where the employer can offer a supplement for salary using compensation and benefits packages for their employees. While being a huge financial help for the employee, the relocation cost is a one-time expense for the employer.

What can employees do?

Relocation is not just something that employers offer to their employees. Employees can also ask to be relocated in order to join a team in another location. Employees are often the persons who know what needs to be done in order to improve corporate performance. Jimble offers extensive tailored relocation services to corporations that care for the wellbeing of their employees and their families when relocating to the Netherlands. 

It will be interesting to watch whether the great job change also will result in “the great relocation” in the near future in Europe.

Interested in how we can help?

Please contact us, and we would be happy to assist!

Further reading:

diversity and inclusion

The Role of Global Mobility in Diversity and Inclusion

By | Corporate support

Diversity & Inclusion is a hot topic in the 21st century, as more and more organizations try to adopt D&I practices in their hiring processes and foster D&I  amongst their employees. ​​The pandemic has also made organizations rethink and change their old ways of doing things to be able to cater to the well-being of their employees. While the benefits of having a diverse workforce are widely known (e.g. wider candidate pool, increased creativity and innovation, economic competitiveness etc.), is this enough? What does it mean for an organization to be truly diverse and inclusive? 

Global Mobility is key in driving a diverse workforce

This is where Global Mobility leaders step in. The role of Global Mobility in driving a diverse workforce is key. For an organization to be called truly diverse, having an international presence is not the end-goal, but only the beginning. Global Mobility leaders should be mindful of the challenges of diversity and they should be able to step at the forefront of equal opportunity amongst assignees. 

Organizations are forced to change their old “traditional” way of thinking as they become more diverse. This will also improve the image of the organization to outsiders. By having a more diverse team, global mobility organizations will also be more culturally aware and have employees with a good variety of language skills at hand and thus companies will be able to offer better services to global markets.

diversity and inclusion

What is the ideal skill set for an assignee population?

An organization that demonstrates Diversity & Inclusion is one whose workforce, as well as their assignees, are representative of the wider population. This means that a diverse organization’s assignees cannot be homogenous. Rather, they should come from a variety of different backgrounds and have a diverse set of skills. When it comes to the ideal skill set an assignee population should have, cultural adaptability, flexibility, language skills, curiosity and emotional intelligence are only some of the key employee characteristics that are essential in any successful global assignment. Once these skills are integrated in the assignee population, not only will the assignment be successful but the ROI will also increase.

Overcoming cultural biases 

The 21st century has also transformed attitudes towards gender. This means that international organizations should include more women and LGBTQ+ employees in their international assignments, and reap the benefits of having a diverse workforce. If global mobility teams can overcome -unconscious- biases and embrace diversity, they will have access to a wider talent pool, and they will improve their reputation within the global business.

Working remotely is the new normal

The pandemic has made work-from-home the new normal and it is forcing employers to be more flexible when it comes to addressing the needs of the employee and making sure the employee knows they have somebody to count on.

The workforce is more diverse now as people from different cultures, living in different locations can work remotely on the same team. Suddenly the office is not located in a set location, but it is spread around the globe. This demands increased inclusiveness and sensitivity from both employees and leaders.

Making sure that the assignee population represents the diversity of society as a whole is the only way to ensure success in an international assignment. Global mobility leaders will be responsible for carrying out this new workforce and they will act as the catalyst for the integrity of global mobility now and in the future. 

Interested in how we can help?

Please contact us, and we would be happy to assist!

Further reading:

Expanding your business internationally? Here’s what you need to know

By | Corporate support

If you’re planning on expanding your business internationally, there are a few factors you need to take into consideration. What are the challenges of international business? What location do you want to go to, for example? And is there enough potential talent in the area? In order to help you go through the process as smoothly as possible, we have listed a range of things you need to consider when going international.

Possible reasons for international business expansion

When you are expanding your business internationally, you probably have a good reason to do so. Possible reasons can be a gap in the market or a local increase in demand for your service or product. Whatever reason you have, in every situation it’s important to base your decision on facts and not emotions. In doing this, you need to look at the market you want to serve and listen to their wants and needs.

international business expansion

What are the challenges of international business?

Every major business decision comes with its hurdles. Here are the challenges you should prepare for before expanding your business internationally.

  • Regulatory and compliance requirements

Every country has its own tax codes, packaging standards, business regulations and banking system. Therefore, it can be a hassle to complete the necessary paperwork for  compliance and setting up a new corporation. Before you start expanding, learn everything there is to know about the local market you are aiming for to be fully prepared when expanding internationally.

  • Language and cultural differences

Expanding overseas comes with cultural and language barriers. Not understanding the key differences in behaviours, beliefs and values can lead to a culture clash. Get a good grip of the local culture by hiring bilingual and native staff members or partners. They know the market to a T. This will give your team the necessary insights in how the culture of a country affects the market for consumer goods and services. 

  • Market strategy

Products and services need to be suited for the market you are expanding to. That means packaging, language instructions, marketing materials etc. Create a market strategy, based on the research you have done about the regional or local market. 

  • Local competition

It is a challenge to persuade foreign consumers to trust and buy your brand when a similar product is made in their home country. Think about why consumers would buy from you over the local competition. Ask yourself, can you penetrate the market under profitable circumstances?

The top 5 best practices for international expansion

If you’re ready to tackle the challenges of international business, follow these steps. 

1. Find the right local partners and team

It is essential to establish a team that understands the local market and language to be successful. Working with a local team and local partners makes it easier to deal with the regulations of the market you want to expand to. They also help to communicate your company’s unique selling points in a way that is meaningful to the local market. 

2. Do the necessary market research

Think about all possible scenarios before making major business decisions – especially during international expansion. Always do your market research or even spend time in the market you are aiming for. The information you receive is crucial to develop your strategic plan moving forward. Get to know the market and the competition by hand. 

3. Be willing to change direction

With every new market you enter come new challenges. Be acceptive and prepared for any bumps in the road. Being adaptive is the way to success. Always make sure your product or service meets the local consumer demand. 

4. Set up your local customer support team

Once you have stepped in a new market, you will have a new customer base to support. Like in any market, consumers will want immediate support. It will be vital to set up a local customer support system and team. 

5. Create the right infrastructure

It is vital to create the right infrastructure to ensure smooth sailing of all business operations. These are some questions you should have answered beforehand:

  • Do you have your local management team in order and can they deliver your market strategy?
  • Is your product or service localized?
  • Are your distribution channels in order?
  • Is your team ready to handle customer support?

How to do international business?

Just because you’ve got a good business in one country doesn’t mean you’ve got the upper hand when it comes to international expansion. Every company is different and the market is always changing. On top of that, understanding international business rules and regulations can be difficult. In order to expand successfully, you should hire experienced professionals who are well versed in international business law and customs. 

Relocating to a new market? We are here to help 

Next to hiring professionals for the business side of things, it’s important to pay attention to employees who might need to relocate to the new location. A well-organized relocation can increase productivity, efficiency and profitability. In most cases, successful relocation will require thorough planning and preparation with input from all parties involved. Our professional team of relocation experts can help you achieve optimal results fast.

Are you planning to expand your business to the Netherlands and are you in need of relocation professionals? Contact us today or check out our relocation services.

Further reading:

starting a business in amsterdam

Why Starting a Business in Amsterdam is the Next Best Thing

By | Corporate support

Not only is Amsterdam one of the most beautiful cities in the world, it also has a thriving startup ecosystem. The city is exploding with entrepreneurs that have an innovative drive and ambition. Together they are growing the combined value of Amsterdam’s tech ecosystem every day. Your business can be part of that if you decide to relocate to Amsterdam.

Make your business an Amsterdam HQ

The fact that Amsterdam has become the home of many startups and entrepreneurs is evident in the expansion of its tech ecosystem. In 2015, the value was €10 billion, whereas in 2020 it had grown to a whopping €73 billion. This makes Amsterdam one of the best startup ecosystems in Europe. If that alone isn’t enough reason to convince you to start a business in Amsterdam, it’s also a hotspot for investors. Investors in Amsterdam have loads of experience and are willing to double down on investments they think are worth investing in.

Why your international company will prosper in Amsterdam

Next to the rapidly increasing tech ecosystem, Amsterdam as a city is also ideal for international companies. During the day, an average habitant of Amsterdam will speak more English than Dutch due to the international nature of the city. This makes the city incredibly welcoming for international talent, as most Dutch people are proficient in English. For this reason, Amsterdam attracts internationals. This is highly beneficial for your business, as you want your employees to feel at home when you relocate them. 

starting a business in amsterdam

When you reach the stage where relocating your staff becomes necessary, you will need to arrange a number of things. Think about organizing accommodation, moving goods and overall logistics. Because arranging everything requires a lot of your time and energy, it can be helpful to use a relocation service provider like Jimble. Not only do we help your employees move to the Netherlands, we offer additional expat services like moving and logistics, settling-in services and integration services.  

Get in touch

Curious what we can do for your company? Please don’t hesitate to contact us today.

Further reading:

Relocating to the netherlands

How to relocate your employees or company to the Netherlands? A complete guide

By | Corporate support

Are you thinking of relocating employees or your company office to the Netherlands? Due to the multilingual nature, international business focus, educated workforce and public transportation, the Netherlands is the perfect place to serve the European market. To make your move as smooth as possible, we have created a complete (company) relocation guide for you.

International destination service provider in Amsterdam

As an Amsterdam based relocation agency we understand what you, your company or employees need to relocate to and integrate into the Netherlands. We offer a wide variety of expat services to make any move as smooth as possible. Get in touch with us, get a free consultation and jumpstart your relocation. Need more information? Download our free relocation playbook

The relocation process – do your research

Moving to the Netherlands should be stress-free and something to look forward to. But where do you start? Effective planning and absorbing all there is to know about your new destination is vital. Get insights and essential destination information about: 

  • The (local) housing market
  • Registrations and (work) permits
  • Taxes and regulations
  • Moving and logistics
  • The healthcare system
  • Integration

Home finding

Before you move, you will obviously need to find the right place to live. Or maybe your company needs a new office to work from. It completely depends on which area of the Netherlands you’re moving to in terms of how difficult it is to find the perfect spot. 

Are you moving for example to the North of the Netherlands? Prepare yourself to have all the space you want! If you’re moving to Amsterdam, you’ll discover that the amount of available and fitting properties gets smaller. It can be quite challenging to find a home in and around the big city’s of the Netherlands. 

Ask yourself: 

  • Are you looking for temporary or long term accommodation? 
  • Are you looking for a property to buy? 
  • Where do you, your employees or company need to be located? 

Need help? Our relocation advisors know the local Dutch property market to a T. Schedule a free consultation with our experts to discuss your needs! 

Arrange work permits and visa

For everyone relocating to the Netherlands, in order to get past passport control at Amsterdam Schiphol Airport, you’ll need to arrange your work permit and visa. You will be able to find all necessary information in our blog about work permits and visas or on the Dutch permits page of the government website.

Moving stuff from A to B

As if moving yourself isn’t hard enough, you’ll also need to move your complete household. That’s why we offer dependable and hassle-free moving services at Jimble. We not only move your stuff from point A to point B, we also develop a customized moving plan that makes your life as easy and secure as possible. 

Get to know the Dutch healthcare system

The Dutch healthcare system is divided into three compartments:

  • Long-term care for chronic conditions.
  • Basic and essential medical care, from GP visits to short-term hospital stays and specialist appointments or procedures.
  • Supplementary care (e.g. dental care, physiotherapy, cosmetic procedures).

The first step in healthcare in the Netherlands is to purchase a Dutch healthcare insurance. Everyone in the Netherlands has to purchase at least a base level of insurance and this must be done within the first four months of arrival. The next step is to registrate at a local dentist and a doctors practice. 

Childcare and schooling options

Are you or your employees making the move to the Netherlands with kids? The education system in the Netherlands might be different from the one you are used to. It pays to do your homework. Give children the best start in their new home by choosing the right school! 

Integration and settling-in the Netherlands

Integrating into a new country can be daunting. Luckily the Netherlands is known for its international minded culture. Rarely will you find someone who doesn’t speak English. Interested in learning the Dutch language or learning everything there is to know about the Dutch culture? There are numerous language classes to choose from. 

Let us help you relocate to the Netherlands 

Relocating to the Netherlands can be intimidation at first. But no worries, we are here to help. Head over to our relocation services page and learn more. Or get in touch and schedule in a free consultation with one of our experts to discuss your situation. Relocating to the Netherlands has never been easier with Jimble.

Reduce relocation costs

4 ways to reduce relocation costs

By | Corporate support

Relocating your employees to the Netherlands is a complex and diligent process. There is a wide array of things that’ll need to get sorted, think about logistics of goods, settling-in and of course the actual move itself. Relocating your employees is an investment, so you want to make sure you keep everything as cost effective as possible. We share 4 tips on how to reduce relocation costs!

1. Offer an attractive relocation program

Before you start looking into potentially relocating employees, you should consider the relocation program you’re offering. What kind of home finding solutions do you provide, are you offering them Dutch language training after they’ve settled in? Ultimately, you don’t want to invest in employees to later find out that they’re pulling out because of your outdated relocation policy. 

Ask yourself if it’s competitive enough in comparison to your competitors. Would you want to move under your own relocation program? If the answer is no, it’s time to update your policy.

2. Keep your policy up to date

Once you’ve updated your policy, it’s important to keep it up to date. There might be certain trends that emerge in the relocation field that you don’t want to miss out on. After all, it’s essential to keep your relocation program attractive for your current and future employees.

3. Reduce relocation costs with caps

Relocation can often lead to unforeseen costs. It’s also common to compensate for costs of living adjustments and occuring exceptions. In order to keep relocation costs at bay it’s a good idea to introduce caps. In that way employees feel supported, while your costs don’t spiral out of control. Sounds like a win-win, right?

4. Hire a relocation agency

It might be that you have no experience with relocation, or you simply don’t have the time and internal resources for it. That’s where Jimble comes in. We take all of your stress away and offer hassle-free relocation services in the Netherlands. Moving and logistics? Check. Settling-in services? Check. Integration services? Check.

Stop wasting time and money and hire a dedicated team to take care of the relocation of your employees. Lets talk about your relocation situation. Contact us

Visas and work permits in the Netherlands

What work permits do employees in the Netherlands need and how to apply

By | Corporate support

You’ve found the perfect employees abroad and want to start working with them sooner rather than later. But before you can fly them over, you’ll need to figure out what kinds of work permits you have to obtain for them. It completely depends on the length you’re planning to hire your employees when it comes to the type of work visa they’ll need.

Work permits and visas in the Netherlands

Work permits in the Netherlands are divided into permanent and temporary visas. In order to obtain these different types of permits you need to deal with institutions such as UWV (Employee Insurance Agency) and IND (Immigration and Naturalisation Services). Luckily these are both organizations that are easy to get in contact with. The IND even has a seperate hotline for Brexit, if you’re dealing with employees that are moving from the UK.

Less than 90 days in the Netherlands

Are you planning to hire your employees for less than 90 days? If so, you can obtain a work permit for your staff through the UWV. They will be able to use the permit for a maximum of 1 year. After this period of time, your company can apply for a renewal.

The single work permit

If your employees are staying longer than 3 months in the Netherlands, you will have to apply for a combined residence and work visa. This single permit can be obtained through the IND and allows your staff to work and live in the Netherlands.

The permanent basis of this document means that your employees will need to fully relocate to the Netherlands. You can find tips on how to do this cost effectively in our blog about how to reduce relocation costs

At Jimble we offer tailored employee and expat relocation support, so that your staff seamlessly integrates in their new country. You can find everything about our relocation and expat support on our website.

Temporary projects

It’s also possible to hire employees on a temporary basis if the work doesn’t compete with labour supply from the Netherlands and the EU. In this case you won’t need to apply for a work permit, but you do need to get in touch with the UWV to get the project approved. 

Apply for a work permit or work visa in the Netherlands

Are you curious what Jimble can do for you? Go to our FAQ page or get in touch!

Netherlands as hq europe

Reasons to Choose the Netherlands as Your HQ in Europe

By | Corporate support

Doing business internationally can be highly beneficial to expand and to explore opportunities for growth and development. We suggest you put the Netherlands on your shortlist for some of the following reasons.

Reason 1: location, location, location

Among other things, The Netherlands is well known for its excellent business climate. International corporations flock here with the urge to successfully innovate and build their profits. 

The country has created an outstanding infrastructure with Europe’s largest port in Rotterdam. Companies also enjoy its prime location between major European markets such as Germany, France and the United Kingdom, which facilitates a strong, international network.

Reason 2: local resources

Moreover, there is a high level of local talent to be found here. The Dutch are generally considered to be very proficient in the English language, which helps when it comes to hiring staff, but also when it comes to adapting to life in a new city.

Reason 3: quality over quantity

Lastly, and perhaps most importantly, the overall quality of life here is considered one of the best in the world. The Netherlands is ranked #6 of the UN’s happiest countries in the world. We are happy to welcome your international staff and we welcome their families with open arms.

How can we help?

Jimble has been witness to the experience of our own expat clients, and feedback on their Dutch adventure has always been exceedingly positive. 

Are you considering starting a business in The Netherlands? Are you planning on relocating (part of) your staff to The Netherlands? Or would you like to inquire on successfully partnering with Dutch businesses? The Jimble team is happy to provide you with the necessary guidance and assistance. Make sure to check out our e-book or our socials for more information on how we can assist you.

Looking for a home? Need help with your employees? Just let us know how we can help out.

Contact us Frequently asked questions +31(0)20 846 6002