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https://www.expansionsolutionsmagazine.com/considering-corporate-headquarters-relocation/#:~:text=Cost%20Savings%20A%20common%20reason%20that%20companies%20explore,relocation%20can%20be%20realized%20and%20can%20be%20substantial.
https://www.areadevelopment.com/corporate-HQ-office/Q1-2017/critical-considerations-relocating-corporate-headquarters.shtml
Talent Acquisition. Much of the recent migration of corporate headquarters to urban areas is tied to employee recruitment. Companies believe they are better positioned to uncover and draw top talent — especially millennial talent — when they are based in major cities.
https://blog.careerminds.com/headquarters-relocation-checklist
This section of the relocation checklist is very important, because completing these tasks will determine the company’s ability to move the headquarters quickly and efficiently. Things that could also be included in this section: hiring management of the new office, conducting studies about the new locations labor pull and different market segments for your product, etc.
https://blog.careerminds.com/relocating-your-headquarters
Let’s go through the pros and cons of this situation. Pros: Cheaper rent then they currently have. More space to accommodate their growth. Location in the center of the city makes it ideal for employees to live anywhere across the metro area. Proximity to airport makes this location great for clients visiting the office.
https://knowledge.wharton.upenn.edu/article/headquarters-checklist-companies-pick-location/
Amazon’s investments in Seattle from 2010 through 2016 have meant an additional $38 billion to the city’s economy, the company estimates. …
https://mbres.com/Insights/blog/the-challenges-of-relocating-a-corporate-hq
Strong brand identity and prominent signage are also particularly important factors to consider in terms of site selection and space design, as HQs should uphold a company’s brand and serve as a model for divisional offices.
https://valleyrelocation.com/why-big-companies-relocate-their-headquarters-around-the-world/
The very first reason for companies to relocate their headquarters is to enjoy low or no corporate taxes. The primary objective of a company is to earn profits. Countries with low corporate taxes allow companies to earn greater profits.
https://www.adyadvantage.com/see-deeper-look-headquarters-relocation-projects/
Janet, A couple of thoughts quickly came to mind as I read this post: 1. Relocating a headquarters can be prohibitively expensive. Lengthy tenure and high salaries can result in enormous one-time costs to the company (a good rule of thumb would be 1x salary in relocation assistance for those that will move and as much as 1/2 salary for those who getting severance).
https://www.alvarezandmarsal.com/insights/employee-aspects-corporate-headquarters-relocation-or-transfer-operations
2015-Issue 12—There are a number of reasons why a company might consider moving its corporate headquarters, relocating key operations or outsourcing certain aspects of its business. Once the decision has been made to execute such a material organizational change, managing the human factor becomes paramount to a successful transition.
https://www.shrm.org/hr-today/news/hr-magazine/pages/0314-talent-management-relocation.aspx
Unlike other forms of relocation, such as expatriate assignments or promotions to new positions in other cities, headquarters relocations affect the entire employee base. Here’s a four-step plan ...
https://www.areadevelopment.com/corporate-HQ-office/q3-2016/reasons-corporate-headquarters-are-relocating-downtown-26617.shtml
In June, McDonald’s pulled its own stunner by announcing that it will move its headquarters from suburban Oak Brook, Illinois, to the trendy West Loop neighborhood of downtown Chicago by 2018. After “growing up” downtown between 1955 and 1971, McDonald’s had bolted for the suburbs in 1971 and never looked back — until disruption by ...
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