TeamKC Roundtable Recap | June 2024

TeamKC Roundtables bring together a network of HR and recruiting professionals to discuss relevant topics. This month, Garmin hosted the TeamKC network to discuss relocation alongside mobility specialists — there was much to share!

THE HIGHLIGHTS

• Recruiting top talent means relocating candidates on occasion, a task companies must learn to navigate.

• The increasing cost of living everywhere poses a challenge for individuals and companies alike. Although, the KC region remains competitive with a lower cost of living than the U.S. average.

• Partners including realtors, moving companies, etc., can aid in a candidate’s decision to relocate.

THE DETAILS

• Cost is Top of Mind

  • Cost of living is increasing everywhere, and it's top of mind for everyone.

  • In KC, the cost of housing remains below the national average. Rent for a one-bedroom apartment in Kansas City is less costly than in Nashville, Boston, San Francisco, Denver and the national average.

  • Relocation is a cost sometimes required to put the best person in a role, and it can be $$$. Pro tip: When assessing the cost, address big-ticket items like instruments and safes upfront. 

• Relocation Partners Are Key

  • Lean on your relocation partners, realtors, moving companies, organization and decluttering programs, etc. to aid the candidate in decision-making. In many cases, third-party organizations can help answer lifestyle questions a recruiter can’t — such as interest in religion, school systems, clubs, etc. 

  • A real estate partner may provide a candidate with relocation support to inform about the area. For example, providing a collection of bike trails for an avid bike rider might help a candidate reach a decision.

  • Companies may steer candidates to residential areas near their place of work, whereas a real estate expert may open the door to options that better suit their needs. 

• TeamKC Helps Seal the Deal

  • Candidates considering relocation are eager to know everything about where they might be moving — TeamKC is here to help! 

  • With a robust kit of relocation tools, from KC Options and customized guides to cost-of-living comparisons, TeamKC helps tell the KC story.

  • Companies can create a collection of these resources to provide their candidates during the recruitment process, even sharing them in gift baskets upon arrival to the region.

The conversation and ideas were flowing, and further discussions are already in the works. Thank you to Garmin for hosting!