Make Your New Hires Feel More at Home With This Guide to Choosing Corporate Housing
As you well know, the way you find and hire employees in 2014 is vastly different from just five years ago. No longer are you limited to the talent pool in your backyard; you now have access to potential employees from all over the world. While this paradigm shift is undoubtedly a good thing for finding and hiring the best of the best for your business, it has also created one of the biggest challenges for American employers: how do you overcome the challenge of relocating these employees from around the world?
The answer, as statistics from the Corporate Housing Providers Association show, is temporary corporate housing. Increased professional relocation in the U.S. has given rise to almost 60,000 corporate housing apartments across the country. Unfortunately, as with any other popular industry, not all of these rentals are worth your money. If you choose poorly, you could wind up driving your new hire away. Follow these simple tips to ensure you make the very best choice for your new hires to give them a great first impression of your company and their new home.
What Should You Look for in Temporary Housing for Your Employees?
- Furnished Rentals Are a Must
Especially if you hire a lot of your talent from overseas, it’s not likely that your new hires are going to have much in the way of furniture. Choosing furnished rentals can solve this problem, helping to make your employees’ temporary housing feel more like home. The best services offer fully furnished rentals, complete with a fully stocked kitchen, living room, bathroom, and more. - Choose an Option That Makes Financial Sense
>Whether you’re footing the bill or it’s on your new hire’s shoulders, you need to choose corporate housing that makes financial sense. As USA Today details, unless your employees are staying in the housing for more than 30 days, you’ll have to worry about an extra 25% hotel tax. The average corporate housing guest stays for approximately 88 days, avoiding the hotel tax and getting cheaper daily rent as a result of their lengthy stay. If you just need to house an employee for a week or two, you might be better off going with a traditional hotel room. - Location is Everything
The last thing a new hire will need when moving to a new area is distance from work and other essential locations. For the online guide to relocating Move.com, location should be at the top of your list of priorities. Is the housing near your offices, and does the location make it easy for your employees to buy groceries, go out with friends, and otherwise enjoy their new home? If the answer to these questions is “no,” you should probably look at other options.
Are you looking for corporate housing rentals for your new employees? What are some of your biggest challenges? Let us know in the comments below.
