Corporate relocation in the last few years has grown and the top industries with the largest relocation numbers are technology, manufacturing, financial services, retail, and healthcare. Companies relocate because they seek lower taxes, a better business climate, the ability to save money, and a sustainable office environment. Corporate relocation services can help companies and employees make a smoother, less stress-free move.
Arizona has become one of the top five states for corporate relocation due to its tax policies, diverse office space, and large pool of available workers. The largest corporate relocation sector has been technology. Well-designed office buildings are one reason that these companies are relocating to this area. Many tech companies are leaving states with high taxes and few business incentives. Corporate relocation services can help tech companies retain skilled workers, reduce the costs of moving from one location to another, minimize the risk of legal complications, protect sensitive data, and help locate a desirable office space for workers. Global Mobility Solutions in Arizona is one of the popular corporate relocation services that provides services to many different industries.
The manufacturing industry is the second-largest sector in relocation. Many manufacturing companies are returning to the US after being in foreign countries. The reasons that they are returning are better product quality, skilled workers, consumers want products made in the US, and they provide better protection of intellectual property. Relocation to a manufacturing company is a complex process involving installing machinery to finding and hiring new employees. A relocation service can help companies examine layout and assets, develop a timeline for the move, help the company find the right facility, examine technology, production space, and compliance. They can help find supplemental services not used in-house and reduce stress for employees relocating with the company.
Finance companies and banks have been relocating their businesses more over the last few years. In the larger cities, high taxes and rents, crime, deteriorating business practices have contributed to finance being the third-largest category for office relocations. Some companies have relocated to retain talented employees and find a better, more sustainable work environment. Many workers today can work at home, cutting costs for companies. Using a relocation service, a finance company can protect their sensitive data when moving, get help to find better locations for their operation, and retain talents with the many relocation services they offer to employees. Â Most employees are given a transfer coach to help them manage the details of moving their family.
Retail companies are moving their headquarters to newer facilities with more up-to-date technology, often staying in the same state. A new office building provides a more sustainable, comfortable work environment. In 2022, BJ’s moved its corporate headquarters for the club customer service center to Marlborough, MA. Neiman Marcus has been creating a new corporate hub in Dallas near its flagship store. The new building will be a conference center at CitySpace Tower where employees can work, meet, and plan.
The new headquarters will have meeting rooms, workstations, and technology for employees working remotely or at the office. Many companies are relocating and are trying new ways to work after the lockdowns that changed the way people work. Work options often include remote work and going to the office. Retail is the fourth-largest sector for relocation. Retail companies will find corporate relocation services helpful in planning and building a new office even when located in the same state. They have the connections and staff to make the move stress-free.
Healthcare organizations are relocating, seeking lower tax rates, savings on rent, looking for more options for renting medical office space and real estate locations, lower cost housing, and medical housing for medical personnel. Corporate relocation services can make the complex job of moving a healthcare facility easier to manage. They may help with design, layout, and construction of buildings. They can help clients choose the right medical building.
There are many ways that corporate relocation services can help companies in different industries. They have services and connections that will organize and initiate a move more effectively.
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