Relocating for a job, whether to a new city or a new country, is a move which is fraught with risk for both the employer and the employee. This move can be made far easier with the offer of a relocation package which provides generous financial support and practical advice for a new employee who needs to move to a new location.
The global banking and financial sector often hire experts and those with specialized skill sets from within the wider global talent pool to remain competitive, productive and cutting edge.
Employee retention rates are lower for employees who have relocated for their role, so it is important for companies to provide a wide range of support to help inspire commitment, relieve stress and find long-term value in an initial investment. Follow this guide on how to put together an employee relocation assistance package which will attract and retain top talent.
If you would like assistance in your hiring strategies, don't hesitate to reach out.