The new way to relocate
Thu 31 Jul 2014
It's summertime, which means London is welcoming hodes of high--net-worth families in time for the new school year in September. Relocation agents are working overtime during this changeover to help the outgoing crew move out and the arrivistes blend in.
As it trends in the relocation business morph and corporations cut back on generous relocation packages, estate and lettings agnecies are grabbing a bigger slice of the relocation pie (while continuing to do business with the old relocation agents).
Marsh & Parsons is one of Myriad London agencies that now have a corporate and relocation wing. The department works with a number of businesses of varying sizes, providing a comprehensive - and entirely complimentary - home search and relocation service for companies relocating staff to London. Generally, they team up with human resources and global mobility departments to provide a more seamless experience.
"Increasingly, expatriates are not receiving a traditional relocatoin package, whereby they get support from a designated relocation agent," says Simon Wood, Marsh & Parsons' associate director and head of corporate.
"Instead they are gievn a 'lump sum allowance' and make their own choices about providers.