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, from the logistics of goods, house-finding, and settling into immigration. Relocating your employees is an investment, so you may want to ensure you keep everything as cost-effective as possible. Here are five tips on how to reduce relocation costs.
1. Offer an attractive relocation package
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 only to later find out they’re having doubts because of your relocation policy. You can compare how competitive your relocation package is to that of your competitors. Would you choose to move under your own programme? If the answer is no, it might be 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 programme 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 occurring exceptions. In order to keep those costs at bay, it’s a good idea to introduce caps. This way, employees feel supported while your costs don’t spiral out of control. Sounds like a win-win, right?
4. Plan for temporary housing costs
Providing temporary housing before finding permanent housing for relocating talent can be one of the biggest expenses during the relocation process. Sending your employees on a look-see trip prior to their arrival for house-searching instead of renting temporary housing can be a cost-effective strategy.
5. Outsource services
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 relocation service providers come in. From residence permit applications to cultural training, you can outsource support for every step of the relocation journey. Through outsourcing support and relocation service packages, you can find the perfect package tailored to your needs and budget.
Are you relocating talent to the Netherlands and need support? Here at Jimble Destination Services Provider, we offer all services you may need for a seamless and smooth relocation process. Contact us to talk to one of our specialists, or visit our website to find out how we can help you relocate employees.