Arlington, VA— Worldwide ERC®, the professional community for workforce mobility, released its latest survey—Relocation Assistance, U.S. Domestic Moves—which delivers key information on employer approaches to housing-related mobility issues, how organizations are integrating talent mobility and management, business travel tracking trends and transferee demographics. Sponsored by CapRelo, a global employee relocation management firm serving private and public sector clients, the survey was conducted between July and August 2016. It updates certain data reported in a 2012 study, explores additional, new topics of interest and incorporates three mobility case studies.
“The results of this year’s survey confirm that employers see room to improve their ability to align talent and mobility management,” said Worldwide ERC® President and CEO Peggy Smith, SCRP, SGMS-T. “We are pleased to present detailed case studies in this year’s report to help them close that gap.”
A sample of findings from the survey indicate that:
- An improving U.S. housing market appears to have resulted in fewer companies always providing home marketing assistance than did so in 2012, though in many cases assistance is in place if needed.
- Fewer companies (37 percent) report always providing loss-on-sale assistance than reported doing so in 2012 (49 percent). This, too, may be in part the result of a brighter real estate market.
- Cost-of-living allowances appear to be on the rise: 39 percent of companies reported using such allowances whereas 32 percent cited this in 2012. Among companies reporting difficulty in transferring employees to high-cost areas, the most frequently cited reason (by 80 percent of respondents) was “very high housing costs.” This reason was cited in both the 2012 and current data.
- A significant number of companies responding (62 percent) reported that they do a “fair” or “poor” job linking talent management and mobility. Two-thirds (66 percent) evaluated their tracking of extended business travelers similarly.
- The typical U.S. domestic transferee is male, married, between the ages of 36 and 40, not a first-time transferee, and moving for a lateral job rather than a promotion.
“Research like this helps companies benchmark and understand the trends impacting their mobility programs and strategies,” said CapRelo President & CEO, Barry Morris. “We are pleased to underwrite and deliver this valuable data and analysis to the marketplace, and to know that companies are increasing their focus on these issues as they build and hone strategic talent mobility programs.”
The survey is available on a complimentary basis for current corporate premier members of Worldwide ERC®, and can be purchased for $125 by all other categories of members, and $250 for non-members. See www.WorldwideERC.org/Research, for ordering information.
About Worldwide ERC®
Since 1964, Worldwide ERC® has been committed to connecting and educating workforce mobility professionals across the globe. A global not-for-profit organization, we are headquartered in Washington, D.C., with offices in London and Shanghai, and are the source of global mobility knowledge and innovation in talent management from Europe, the Middle East and Africa, to Asia and across the Americas. For more information, visit www.WorldwideERC.org.
CapRelo is a technology company focused on delivering best-in-class relocation and assignment services on a global platform. We come to work every day to keep life in motion for our clients, employees, suppliers, and partners. When recruiting or retaining key talent, our CapConnect™ technology and Low-Stress Relocation Process® ensure that employee mobility programs run smoothly. Learn more at www.caprelo.com