Relocation is a process of moving people or business to a different place. Relocation services are the services focused on full relocation of families or business. Employee relocation, also known as corporate relocation, includes the transfer of an employee and any family members by a company from one work location to another. A corporate move can include domestic residential services where an employee moves within a country or state as well as international relocation services which include planning for working abroad. An agency providing relocation services directs and manages the process of relocation including arranging necessary documents such as getting a visa or long term stay permissions, finding a new house, finding a school for children, finding a job for the partner or trailing spouse and arranging a teacher for the family for language teaching.
Business relocation includes founding a new company based in a new country, governmental permissions, official documents, renting a new office space, and hiring workers. Office moving will involved the set up of the furniture, cubicles, and office equipment. Some corporate relocation firms charge fees to the company and pass it on to the employees but most businesses do not charge a fee for this type of service.
Cartus is the industry leader in global mobility and workforce development support to organizations worldwide. Their global client base includes corporate, government and membership organizations of all sizes and types. Their broad base of services supports both managers and transferring employees with cost effective, customized services. Cartus is part of the Real Estate Services Division of Cendant Corporation which is anticipated to launch as a stand alone, publicly traded company, Realogy Corporation, during the second quarter of the year two thousand and six.
Prudential Real Estate and Relocation Services is our integrated real estate brokerage franchise and relocation service business. The real estate group markets franchises primarily to existing real estate companies. Their franchise agreements give the franchisee the right to use the Prudential name and real estate service marks in return for royalty payments on gross commissions generated by the franchises. The relocation group offers a variety of services to relocate employees, including the inspection and sale of a home, equity advances, assistance in locating homes, and a variety of relocation policy and group move consulting services.