U.S. Domestic Transfers: Relocation Statistics
Published in 2014, based on 2013 data
Worldwide ERC® members represent a significant portion of organizations that manage sizable relocation programs.
- $12.2 billion: amount spent annually in the U.S. on corporate relocation by Worldwide ERC® member corporations.
- $17,704,177: average annual amount each company spends to transfer its employees.
- 244,595: Estimate of the annual collective U.S. domestic transfer volume for Fortune 500 companies.
- Approximately 37% are new hires and 63% are current employees.
- Approximately 38% are homeowners and 62% are renters.
Costs of U.S. Domestic Transfers*
- Current Employee Homeowner $90,219
- New Hire Homeowner $71,952
- Current Employee Renter $24,995
- New Hire Renter $22,048
*Based on data from the 2014 Transfer Volume & Cost Survey.
U.S. domestic transfers: Cost of Shipping Household Goods
2013 - $12,937
2012 - $12,459
2011 - $12,652
2010 - $12,230
2009 - $11,900
2007 - $11,680
2006 - $10,342
2005 - $9,514
2004 - $10,387
2003 - $9,745
2002 - $9,658
These costs vary by family size (bigger families typically have more household good to move) and homeowner status (homeowners typically have more household goods vs. renters).
U.S. Domestic Transfers: Number of days moving within the U.S.
On average, organizations permit their employees an average of less than 2 weeks (11 days) to accept a formal transfer offer.
Once an employee accepts the transfer offer, employers are allowing the transferee an average of over 4 weeks (31 days) to move and report to their new job.
U.S. domestic transfers: Relocation bonus
Transferees typically receive some type of miscellaneous allowance that they can spend as they see fit to take care of incidentals they will incur in the new location such as getting new vehicle registrations, utility hook-ups and carpet/drapery installations. This allowance averaged $6,479 and decreased 3 percent from the previous year.
U.S. Domestic Transfers: Outsourcing
Forty-eight percent of organizations fully outsource the mobility function and have it serviced off-site; while 4 percent fully outsource but service it on-site. An additional 12 percent of participants outsource the entire mobility function but service partly on-site and partly off-site. One-quarter outsource selected aspects, a decreases from one-third of the participants a year ago. Only 11 percent indicated that no aspect of the mobility function is outsourced, an increase of one percentage point over last year.
The homesale program is the most commonly outsourced element of the mobility function—94 percent of organizations outsourcing one or more aspects of their mobility function were outsourcing the homesale program, down from 97 percent last year. Other segments which are outsourced by a majority of respondents include household goods shipping, destination services, expense management, spouse employment assistance, property management, and product development.
U.S. Domestic Transfers: Cost per employee for in-state and out-of-state moves
Companies don’t typically look at moving costs based on in-state vs. out-of-state status. Companies move their people wherever their facilities/offices are located or where project work is based. In addition, whether those other offices/project work are in-state or out-of-state, the costs incurred would be similar given the fact the employee’s household goods would still have to be packed and shipped, the employee would have to sell their home and find and purchase a new one (or incur costs of lease breaking and get a new lease with deposits), etc. Nevertheless, participants report that 80 percent of their U.S. domestic transfers in 2013 were interstate moves compared to 20 percent that were intrastate.