Aram Minnetian, president of Weichert Relocation Company, and Kraig Rodenbeck, vice president of Runzheimer International, announce the formation of a strategic alliance. Weichert Relocation Company will be using Runzheimer International’s eLSA product to provide lump-sum allowance services to its corporate relocation clients.

Lump-sum payments typically include relocation benefits that can be projected with reasonable accuracy before the start of the relocation process. Runzheimer International’s Lump-Sum Allowance program provides a single, up-front payment to the transferee for expenses related to house hunting, temporary living, the final move, and the miscellaneous allowance. Each report is calculated to reflect the employee’s family size and the policy-specific benefits and parameters governing these expenses. The reports include detail on costs such as airfare, short- and long-term lodging, meals and car rental. Through eLSA, lump-sum reports are available over the Internet on a 24/7 basis.

As a strategic partner, Weichert Relocation Company is considered a client of Runzheimer, thereby leveraging Weichert’s aggregate volume. Weichert Relocation’s clients will benefit from a lower fee, more accurate lump-sum information and faster service. Weichert Relocation’s relocation counselors and their clients will have access to the expertise of Runzheimer for purposes of policy consulting and policy design.

Runzheimer International and Runzheimer Canada serve more than 3,000 businesses and government agencies worldwide, including over 60% of the Fortune 500 companies.

Published: March 26, 2001

Use of this article without permission is a violation of federal copyright laws.