In a recent pulse survey conducted amongst HR Mobility professionals on relocation assistance provided to employees relocated within the U.S., the top reason employees are reluctant to relocate is the direct result of the weak housing market. Ninety-five percent of respondents who reported experiencing problems with employee reluctance to relocate identified “slowed real estate appreciation/depressed housing market at the old location” as the reason their employees are unwilling to move. The second most cited reason for employee reluctance was the high cost of housing in certain areas followed by employee/family resistant to move.
Source: 2009 Worldwide ERC® Benchmarking Survey