Relocating Your Company & Employees is Confusing, We Answer Your Top Questions
Yes. Employees can choose to receive a check mailed to them or having reimbursements deposited directly via ACH into their bank account
No, InterLink does not collect any personal information from employees. Even banking information is input directly in the GlobalLink® portal by the employee and InterLink does not have access to any account numbers.
Yes, our team is available after regular working hours and on weekends. Employees always have direct access to a relocation consultant at all times.
Yes, InterLink puts vacant home insurance on all acquired and vacated properties until the actual closing with an outside purchaser.
InterLink’s Marketing Assistance Program works directly with the employee and selected agent to sell the property at the highest price in the shortest amount of time. Once the employee selects an agent, the relocation consultant maintains constant communication with the employee and listing agent to determine the appropriate marketing strategy until a buyer is found and the property sale has closed.
Yes! Our relocation consultants assist employees with negotiations and review home purchase and home closing disclosures with the employee to ensure an understanding of which expenses will and will not be covered by their company.
This is where an employee markets their home through InterLink’s Marketing Assistance Program until a buyer is located. The employee is reimbursed upon closing for employer-approved home sale closing costs.
Employees market their homes through InterLink’s Marketing Assistance Program until a buyer is located and their relocation consultant gets involved. With a BVO program, because there is specific language in the listing agreement allowing InterLink to enter into the transaction and become the seller, InterLink will provide the employee homeowner a Contract of Sale, which mirrors the buyer’s outside contract, is created for InterLink to acquire the property from the employee and submit for calculation of final equity.
Yes, with the support of our technology platform, GlobalLink®, InterLink provides custom reports for our clients. With several hundred fields of data that are tracked, there is an ability to report on all logged data and activity.
Yes, InterLink manages every type of Relocation package and component available and used today. Those most frequently used today:
The Fully Covered Relocation Package (more traditional), the Tiered Relocation Program that may be determined by employee level/grade or by existing or new hire employee, the Managed Budget Relocation program (capped program), the Lump Sum Program (typically cash only program) and CORE/Flex Programs.
Yes. Interlink offers global mobility services to its clients from policy formulation to implementation and assignee management.
InterLink’s GlobalLink® web-based platform is available to clients and domestic transferees/international assignees.
Want to know more? Learn about InterLink’s A-Z relocation and assignment services and contact us for a free assessment.
Yes. InterLink does take steps to find cost-saving opportunities where possible for our clients.
First: InterLink reviews all our service partner agreements pricing annually. Based on performance, volume, and competitiveness within markets and service lines, we collaborate on agreed adjustments.
Second: We review the policies of our clients annually, recommending any adjustments that may be made to reduce spend while not impacting the employee experience, and while still providing our clients the competitive advantage with their offerings.
With this program, two independent, fee-paid WERC appraisals are ordered, in addition to inspections on the property, title work, and the broker market analyses. The average of the appraisals is submitted to the employee as a “guaranteed offer”. If, no buyer has been found – typically after a specific marketing period established by policy (typically 60-120 days) the employee is free to accept the company’s guaranteed offer for the relocation consultant can acquire the property from the employee and submit for calculation of final equity.
This is part of the GBO home sale program. Once the employee obtains a bona fide outside offer during the established marketing period as per policy and/or prior to accepting the guaranteed buy-out offer an amended sale comes into play. The guaranteed offer is “amended” to the higher outside offer.
Yes. InterLink reimburses and reports on all employee relocations. We provide extensive audit, tracking, and tax reporting services for domestic and international relocations/assignments.
InterLink’s travel partner can make reservations for hotels, airfares, and auto rentals, consolidating all reservations onto one folio which makes it easy to submit for reimbursements. Employees are also able to use their employer’s travel partners (using their own credit card) or arrange for travel on their own.
InterLink’s household goods partnerships are top-notch, and we have very few claims. When there are claims, the senior relocation consultant works closely with the employee and the van line’s claim department to reach a fair and prompt resolution.
We believe that relocation policies should be at least once a year – more if certain circumstances dictate (such as a group move, company merger, etc.). Our close tracking of all exceptions also helps determine if and when a policy benefit should be reevaluated.
Yes, we have written most of our clients’ policies, from revisions to entirely new policies.
Yes, our mobile app, Voyager Assistant, allows employees to take photos of receipts and submit expenses from their mobile device or via a web portal called GlobalLink®.
Certain relocation expenses are considered to be taxable income to the employee. Gross-up is when the employer pays the tax impact directly to the state and federal governments on the employee’s behalf. By doing so, the employer is offsetting the tax impact of the relocation benefits paid to them or on their behalf.
Yes. We assist our clients with developing cost estimates and projections based on the relocation policy guidelines and services offered by these companies and business forecasts. These are useful to our clients in setting their annual budgets and future planning.
Yes. Interlink offers temporary living assistance through one of its partners, Rental Relocation Inc. (RRI). RRI provides clients exclusive corporate apartments, private rentals, hotels as well as university-style housing backed by best-in-class technology. Whether you are seeking temporary or long-term housing for employees, summer interns, extended stay business travelers, project teams, or solutions for the government and military housing. InterLink also offers rental assistance by trained rental agents.
Interlink provides extensive tenancy management services to domestic and international employees. This includes finding suitable housing, help with expense management and budget management, deposit management, security deposits, ongoing rent payments & reimbursement of utility payments, lease negotiations, and management.