
Relocation AssessorERI Economic Research Institute
Relocation Assessor provides comprehensive tools to analyze and manage employee relocation costs and policies globally.
Vendor
ERI Economic Research Institute
Company Website


Product details
Overview
Relocation Assessor by ERI is a web-based platform designed to help HR and global mobility professionals manage employee relocations with precision and efficiency. The tool offers detailed analysis of relocation expenses, cost-of-living adjustments, tax implications, and policy benchmarking across thousands of locations worldwide. By leveraging extensive data and customizable reports, organizations can optimize relocation strategies, control costs, and ensure competitive and fair relocation packages tailored to each destination.
Features and Capabilities
- Global Coverage: Provides relocation cost data and analyses for thousands of cities worldwide, enabling informed decision-making for international moves.
- Cost Components Analysis: Breaks down all key relocation expenses including housing, transportation, education, tax equalization, and miscellaneous costs for accurate budgeting.
- Customizable Relocation Policies: Allows HR teams to create, compare, and benchmark relocation policies tailored to company-specific needs and geographic variances.
- Comprehensive Reports: Generates detailed, exportable reports (PDF, Excel) that highlight cost components, total estimated relocation expenses, and comparative cost analysis by location.
- Cost-of-Living Adjustment Integration: Integrates with cost-of-living data to help determine appropriate allowances and compensation adjustments during relocations.
- Tax Impact Insights: Includes tax implications and equalization estimates to help understand the financial impact on relocating employees.
- Scenario Modeling: Enables simulation of different relocation scenarios to forecast costs and outcomes before finalizing moves.
- User-Friendly Interface: Intuitive online platform that simplifies complex relocation cost analyses and allows easy access for HR and mobility managers.
- Compliance Support: Helps ensure relocation policies align with local regulations and company standards, minimizing risk and compliance issues.
- Data-Driven Decision Making: Empowers organizations with accurate data and analytics to optimize relocation budgets and policies globally.