WHR Stats!, a division of Welcomehome Relocations, is committed to providing the Relocation Industry with custom solutions to the need for high quality market research to support daily and long-term HR decisions.
If you, or your clients, are seeking comprehensive, accurate and timely housing and/or community statistics for locations across Canada, whether it’s to move a single person or an entire operation, you need a business partner to collect the intelligence required to set effective relocation policies and budgets. Having the right program in place is key to attracting and retaining the highest caliber of employees for every sizable organization. At the same time, businesses need the assurance they are making the most cost effective judgements.
Community Market Research
While you are the expert in your industry, Welcomehome understands corporate relocation and market research like no other. WHR Stats! will determine everything you need to know about any geographic location in Canada. Utilizing their national network of Relocation Specialists, they monitor local demographics, various housing costs/trends/statistics and cost of living metrics. Basically, if someone can define a market research need, WHR Stats! can find a way to measure it!
The entire process is also highly customizable to every client’s specific requirements. They can vary the types of data collected, report formatting, the frequency of the reporting cycle, categories of housing transactions monitored (sale vs. rent, types of dwellings, neighbourhood features, furnished vs. unfurnished, etc.) and how they measure the “cost of living”.
Comparable Value Estimate (CVE) reports
A critical component to a successful corporate relocation program is to determine realistic and fair housing budgets for the transferring employee. A CVE report is a focused analysis comparing a specific address, normally the employee’s present residence, with three similar options in a community where the employee is expected to be transferred. The CVE will establish the cost differential between the employee’s current housing costs and what they will experience in their new location. This input will allow the employer to put the appropriate compensation in place to permit the employee, and their families, to maintain a constant lifestyle after the move, help the organization avoid overspending on housing allowances, aid with setting realistic expectations prior to the move, and, when necessary, assist in determining mortgage subsidies for relocating employee.
CVE reports are available from any location in Canada or the US to any community in either country.