Drew Morten, Karen Corcoran, and I recently headed down to Stamford to pick up a Platinum Award from The Business Council of Fairfield County’s Healthy Workplace Employer Recognition Program. Cartus was recognized for its successful efforts in promoting a healthy workplace with such programs as our employee Wellness Center (which we blogged about last summer); our continuing series of Lunch & Learn seminars on topics such as holistic and alternative medical treatments, cancer awareness, and nutrition; and our company-wide emphasis on health education, awareness and accessibility. I also got to take the stage with our fellow recipients from Ability Beyond Disability and Fairfield County Bank to chat about all the positives involved in designing and implementing healthwise programs for our employees. All in all, it was a fun and gratifying way to spend a Friday morning!
Monthly Archives: February 2011
We know from our work with clients around the globe that China continues to be a focus of interest, activity—and challenge. The issues identified in Cartus’ recently conducted China survey are reinforced in our Feb. 14 press release, which further underlines how companies are responding to the talent needs in China, including volume shifts to Tier II and II cities and the use of changing assignment forms. Some of the most critical challenges faced by companies and their assignees concern the cultural differences faced by many Western-based organizations, and the adaptations required to live and work productively and successfully in China. Our new podcast explores those issues and provides some best practice ideas for companies that are already doing business in China—or those who have cast their eyes on the vast opportunities of this expansive market.
In this podcast, Cartus talks about the emergence of China, both on the world stage and as a relocation destination.
On Thursday, February 10, the Metro Atlanta Relocation Council (MARC) held its annual Education Forum. Though air temperatures were below 32 degrees and an inch of snow was predicted to fall on Atlanta during the night, the Council’s members and guests, including Mike Puckett, director, of business development at Cartus, and I were not deterred from turning out in force. Fortunately, the snow did not affect driving conditions. So while the storm may have fallen short of predictions, MARC’s Educational Forum surely did deliver.
The full-day event started with an observant examination of the global economy presented by Cris Collie of the Collie Gorg Group, who shared his insights on the global economy and its impact on the relocation industry. Two corporate clients also shared their business conditions and outlooks for the Southeast for 2011. Next on the agenda, a power panel consisting of two corporate members and two service members talked about international hot topics and trends, riveting the audience with real examples of challenges facing their companies, from evacuations in Egypt to trailing compensation and the continued need for education and information sharing between service members and clients, all for the betterment of the customer experience. (more…)
Following the essentially flat conclusion to the property market in 2010, this year’s first set of surveys released by major UK financial institutions indicates that the lack of fluctuation is continuing in 2011. Nationwide Building Society reported that in January the average UK house price was £161,602, an annual decline of 1.1%, while Halifax listed the average price as £164,173, a decrease of 2.4% from January 2010.
Like property prices in 2010, supply and demand remains an important influence this year with tentative signs suggesting homeowners are becoming reluctant to sell in the current market. If this reluctance continues then we could begin to see a reverse to the current imbalance of sellers outstripping buyers, which may provide a platform for the market to stabilise.
Encouragingly for new borrowers, mortgage payments appear to have fallen from a peak of 48% of average disposable earnings in mid-2007 to 29% in the last quarter of 2010. However, perhaps the average may have declined because the majority of borrowers who can afford the large deposits for a mortgage are those on higher earning salaries. (more…)