Constantly moving your employees from one foreign location to another for work can be extremely stressful, frustrating, and difficult enough for them without subjecting them to the uncertainty of having to secure their own accommodations. Your employees are your greatest assets and it’s crucial that you treat them with the respect they deserve. Most companies are responsible for taking care of all accommodations for their travelling employees, including airfare and temporary housing. If you’re planning on deploying one of your employees to a certain location for an extended period of time ranging from a few months to a few years, then it’s only prudent to provide them with everything they need to make their stay as comfortable and productive as possible.
Different Lodging Options for Temporary Relocation
Finding affordable short-term residential rentals can be an elusive concept in a lot of major cities, especially Toronto, where the housing market is in a perpetual state of limbo. With the ever-expanding needs of businesses around the world, there are now more temporary executive housing options available than ever. Here are just a few of them:
Hotels
Most notable hotels unfortunately come with hefty price tags, especially if you want your employees to stay in an area that’s surrounded by major amenities, restaurants, public transit, and that’s within close proximity to your place of business. The cost of putting your employees up in a respectable hotel that adheres to all of their needs and guarantees their comfort is typically far higher than most companies are willing to pay. On top of that, if an employee is expected to stay in any given location for an extended period of time, they should have everything they need made available to them. This includes security, privacy, and the ability to decorate the accommodations according to their own preferences.
Renting an Unfurnished Apartment
Renting an unfurnished apartment certainly gives your employees freedom to decorate as they see fit, but the question is whether you’re willing to pay to transport their furnishings to the new location. Even worse, are you willing to foot the bill for new furniture and other decorative items? These are important factors that must be taken into account when deciding what type of accommodations to provide for your travelling employees as they culminate in additional company expenses.
Short-Term Rental Apartments
Short-term rental apartments combine the best aspects of both worlds. On the one hand, it can feel a lot like staying in a hotel because all amenities are provided by the building’s condominium board or owner. At the same time, however, the space is completely private and your employees have the freedom to decorate their temporary apartment any way they want—within reason, of course. This is a very affordable option for a lot of corporations because they’re not responsible for providing any of the furnishings or appliances.
MAC Furnished Residences Inc. is one of the leading providers of temporary housing for small, medium, and large corporations throughout Canada and abroad. All of our suites come expertly decorated and are fully furnished with top-of-the-line appliances. To learn more about our business or to book an accommodation through us, please contact us today!