GMAC Global Relocation Services to Offer Free Online 'Webinar' November 22 to Present Comprehensive Analysis of the Past Decade's Relocation Trends.OAK BROOK, Ill. -- GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Global Relocation Services Relocation services or "employee relocation" includes a range of internal business processes that are engaged to transfer employees (and often their families) or entire departments of a business to a new work location. will offer a free online "Webinar" presentation and analysis of its 10-year Global Relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. Trends Surveys on November November: see month. 22 at 10 am (central standard time). The interactive Webinar will analyze relocations trends and data going back a decade to the first time the company published its Global Relocation Trends Survey. In 2003, for instance, GMAC Global Relocation Services found that 40 percent of companies surveyed offered education and training support for employees' families. In 1993, the first year of the survey, only 15 percent offered education and training support for families. Company officials point out that this is in response to many employees' hesitancy hes·i·tan·cy n. An involuntary delay or inability in starting the urinary stream. to accept overseas assignments due to family concerns and job related issues, and that a growing number of companies in America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. and throughout the world are offering programs and services aimed at easing the transition to a new country. Rick Schwartz, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of GMAC Global Relocation Services, said the biggest shift observed in relocation trends was the length of expatriate Expatriate An employee who is a U.S. citizen living and working in a foreign country. assignments. In 1997 (the first year GMAC Global Relocation Services examined assignment length), more than 80 percent of expatriates spent between one and three years on assignment. By comparison, in 2003 the overwhelming majority of assignments - fully 70 percent - were for less than one year, as companies' attempted to contain costs in an increasingly competitive international business environment. The Webinar will also review other relocation industry trends, including: --While the number of female expatriates almost doubled between 1993 and 2003, men still accounted for the vast majority of expatriates overall (82 percent in 2003 compared to 90 percent in 1993). --The percentage of married expatriates dropped from 64 percent in 1993 to 55 percent in 2003. --Fewer expatriates are heading off to assignments with children in tow: 59 percent in 1993 compared to 51 percent last year. To register for the free Relocation Trends Online Webinar on November 22, contact Gerianne Salzbrunn at 630-427-2068 or Gerianne_Salzbrunn@gmachs.com. About GMAC Global Relocation Services GMAC Global Relocation Services, a subsidiary of GMAC Home Services, is a provider of global relocation and assignment management services. Headquartered in Oak Brook, Ill., GMAC Global Relocation Services provides customized services and maintains an extensive worldwide reach, with service centers and partner companies in more than 200 locations across 110 countries through its Global Relocation Partnership. More information on the company can be found at www.gmacglobalrelocation.com. |
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