Changing Economy in Spain Leads to Relocation Opportunities

Following a massive retrenchment between 2008 and 2013, Spain lost 9 per cent of its Gross Domestic Product in real terms. Since then, the country has recovered from economic difficulty and is transforming into a global technology centre. But what exactly has caused the massive shift in the economy for Spain?

In 2016, Spanish exports had risen dramatically with many companies selling throughout the European Union and beyond. The country’s Prime Minister, Mariano Rajoy has instituted several reforms designed to help the country recover from its economic crisis. These reforms included reducing redundancy pay from ‘45 days per year worked’ to ‘33 days worked’ and moving wage bargaining to the company level. As a result, the labour market is more flexible than ever.

The financial system has also been addressed by closing underperforming banks that have made excessively risky property loans. In turn, public finances were reformed by cutting the country’s budget deficit.

As for technology, Rajoy has led the expansion of Spain’s fibre-optic network for high-speed data transmission; which now covers 76% of the population, the highest percentage across all of Europe.

Outside of Spain, the global economic recovery has increased demand for Spanish products and services, as well as improved traditional leading sectors in Spain such as tourism and travel.

For international relocation experts like Galleon International Moving Company; Spain’s changing economy and technology-driven agenda sees an increased demand for highly skilled workers. While the country has several leading universities and technology startups; the demand for highly skilled workers is outpacing the number of qualified employees.

Reports have shown that Spain has a number of registered unemployed workers. But the skills gap is wide for positions in this new economy. Job experts have predicted that nearly half of job openings through 2030 will require a high level of skills and qualifications. Therefore, employers in Spain may benefit from relocation programmes designed to attract and retain their new employees with specialised skills and experience.

Are you looking to refresh and re-examine your relocation policy? Why not speak to the team of international relocation experts who can advise you about country-specific employment requirements. We can help your company understand how to design your relocation policy so it supports employees moving overseas and your company’s ability to grow in Spain’s changing economy.

Get in touch with our team on 01708 868 068 for more information about our corporate relocation services.

The Challenges of Relocating Employees With Pets

With an estimated pet population of 51 million, it’s fair to say that the UK is a nation of animal lovers. However, when it comes to relocating employees with pets, your staff will be faced with an incredibly difficult decision; leaving their best friend behind or taking their pets with them.

Not only is it difficult to find rental properties around the world that accept animals. But there are plenty of conditions that stop animals from going abroad. As an international moving company with over 30 years experience; Galleon International Relocation can offer professional advice to assist you with all your pet relocation needs.

One of the main issues lies not with the landlords who might consider renting their property to a tenant with pets; but with the lease agreement. Many landlords are leaseholders and have a freehold that states “animals are not allowed.” We have seen this time and time again in many prime rental property areas such as London; Hong Kong and Singapore.

In fact, over 90% of letting agents in London are unable to offer any flats that accept pets; especially for a one or two bedroom property. Of those letting agents offering pet-friendly accommodation, some may require owners to place a larger deposit to cover the dilapidation cost at the end of the tenancy agreement.

Once you have found a property that allows animals, it’s important to check the regulations for your destination as some countries have a more complex process than others.

For example, emigrating to Australia can be difficult as the Australian Department of Agriculture requires you to follow some stringent conditions. Unlike dog; cat or horse owners, if you own fish; reptiles or small mammals, you will not be able to relocate their pets to Australia.

If your pet is on the approved list for moving overseas, they must meet certain health requirements. Dogs and cats must be vaccinated against rabies at least 180 days before you travel. After four weeks, your pet will also need to have the RNAT test to prove your dog or cat doesn’t have rabies.

Finally, you must have the correct paperwork for your pet. This includes:

  • An export permit for the government of your home country.
  • Import permit from the Australian government.
  • Pre-booking at the Australian quarantine centre.

If you want to find out more about relocating employees with pets; get in touch with Galleon – International Moving Company.

Over three decades, we have assisted in a number of overseas removals and relocation of families with furry friends. Our team know exactly how to make the experience stress-free for both your employees and their pets.

Get in touch with our international relocation team on 01708 868 068 to find out more about our corporate relocation services.

Relocating Employees: 3 Ways You Can Make Corporate Relocation Easier on Your Employees

In the moment you ask your employees to move overseas, they may be feeling a mixture of emotions. Excitement, dread and panic could be just some of the feelings going through your employees head; until the immediate flurry of logistical considerations set in.

As you prepare for the international relocation, you must make sure your employees are just as prepared for the ‘moving overseas’ transition. Moving house is stressful; regardless of the overseas move element! So it is important that your company takes the initiative to make the corporate relocation process easier on them. Not only will this result in happier employees, but you can ensure a seamless workflow transition. This means that your employee will be back to their typical workload in no time.

At Galleon International; an international moving company renowned for their personal and bespoke corporate relocation services, we have three tips for ensuring your staff have a stress-free overseas move.

 

1. Prepare Employees for Moving Abroad

As your relocating employees get ready to move into their new homes, make it as simple as possible for them to access local information. For example, you can provide them with information about the best neighbourhoods for families; what the climate is like and information on living costs. An even better way to get your employees settled into their overseas home is sending them there on a trip.

If you are unable to provide either of these services yourself, Galleon International has access to hundreds of overseas agents and partners who can provide important, local information to your employees.

 

2. Explain The Process and Your Expectations


The stress and unknown factors of moving abroad will have your employees asking lots of questions. Will you help the employee find new housing? How will the international removal of all their belongings work? Do you plan to compensate your employees for the relocation?

The key to a strong work environment is building trust through open communication. So, if you know the relocation is going to be short-term; be clear with your employee and explain your expectations for the employee’s future. The more worries you can help alleviate during the initial moving process; the more confident and comfortable your employee will feel.

 

3. Hire a Reputable International Moving Company

No matter how much time and effort your team put into the logistics of moving overseas, a professional and reputable international moving company can help put everyone at ease. When it comes to the corporate relocation side of things, your employees will feel their valuables are in safe hands with a trusted moving company. This means your employees can focus on the important bits such as finding local schools, saving for their housing costs and of course, working.

To find out more information about our corporate relocation services, get in touch with our team on 01708 868 068.

How The Digital Revolution Will Affect The Future Workforce

A study by global relocation experts has shown that the ‘employees’ use of social media and smart technology is shaping their expectations of how workplace communication should be operated. At the same time, technology is also changing the way that organisations identify with mobile talent. As well as the way that they engage with employees from recruitment to redeployment.

They have identified a growing willingness to feedback and share information about overseas assignments amongst the younger employees. In return, these employees expect the organisations to be open. They also expect them to respond in a two-way conversation.

Following the study, the same question has been asked by experts in global mobility; are digital technologies beneficial for relocating employees?

Danny Taggart is a director in the Deloitte’s Global Workforce team. He argues that ‘digital technologies offer a massive opportunity for the global mobility function and mobile employees alike.’

“The diversity of the talent in the workforce is changing, along with employee perspectives,” he says. “Think of the ‘traditional expat’ posted overseas 20 years ago, and compare this with the expectations and the needs of millennials today. Technology is the enabler to meet the rapidly shifting demands of the modern workforce.”

Moreover, it has been argued that employee openness is a result of generational influence. For example, millennials are very conversant with mobile and digital tools. They are also comfortable with providing feedback in real-time and they expect responses in a similar time frame. Their use of technology in their personal lives has driven an expectation for the corporate services.

However, this feedback and the monitoring will only be successful if the employee feels that they are being listened to. As well as the fact that decisions are made with the feedback in mind. This is similar when it comes to relocating employees overseas.

A lot of successful overseas placements are about setting the right expectations. After all, moving abroad can be stressful and can be challenging for the employee. Therefore, it is important to ensure that the experience is positive for them.

As global relocation experts, Galleon International are constantly keeping up to date with the latest trends. They are also kept up to date with the changes that are related to moving overseas and working abroad. Our team can pass this information onto the relevant corporate moving clients. We do this to reduce the stress and the uncertainty that comes with relocating abroad.

If you would like to speak to Galleon International’s team of experts about our international moving options then contact us. Get in touch today on 01708 868 068.

Top 5 Countries for Corporate Relocation

Every year more and more companies are expanding and looking to establish their business presence in other countries around the world. Especially in today’s economic climate. Market conditions abroad may mean more solid business growth for some.

While the United States is still the world’s top destination for corporate relocation. There are still many companies relocating employees to work in Europe and other parts of the globe. As an international moving company. Galleon International explore which countries come out on top when a company considers international relocation.

1. United States

Firstly, America’s business culture is known for it’s punctuality, enthusiasm and efficiency. The ideal place for international office relocation and the perfect opportunity for fresh business ideas and development. The U.S. also provides companies with a no value-added tax and a favorable exchange rate.

2. United Kingdom

Furthermore, the UK has a long history of being one of the healthiest economies. This is due to London being the financial centre of the nation and one of the big players globally. However, with the recent decision to leave the EU. It is likely to cause some uncertainty in the coming years.

3. Switzerland

In addition, Switzerland dominate the machinery, chemical and insurance industries. And have one of the world’s most stable economies and political systems. It is clearly an understandable choice for wanting to do business there. The country even achieved one of the highest per capita incomes in the world. Along with very low unemployment rates.

4. Singapore

The APAC regional HQ for lots of western firms. Singapore revels in a consistent flow of corporate relocation every year. Renowned for being the at the heart of IT, software and business services and with low taxes and an efficient infrastructure. It’s understandable why it is so popular!

5. Netherlands

Finally, the Netherlands is a country that has historically been committed to neutrality, tolerance and global cooperation. As such, it may be due for a possible increase in corporate relocation following Brexit. The ideal place for international organisations.

How We Can Help

Galleon International support companies and employees with their corporate moving needs and overseas removals. Therefore, for more information on how we can help with your international relocation. Get in touch today on 01708 868 068 or email info@galleon-ltd.com.