Are We in Line for Relocation Recovery?

Published Date: 2010-11-17 A positive sign that the economy is improving was cited by a recent survey of nearly 200 HR practitioners by Cartus. The survey found that while 30% of HR professionals experienced decreases in their relocation-assignment activity over the past three years, the same HR professionals are optimistic that growth is on the way in the near future. “Except for the most costly long-term assignments, companies anticipating growth outnumbered those expecting declines by a 6-to-1 margin,” reports the HR Executive article. The survey also found:
- Companies are taking more flexible approaches in work assignments.
- Long-term assignments have dropped in the past three years.
- Nearly twice as many companies have experienced a gain in short-term assignments.