Are We in Line for a Relocation Recovery?

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.

As companies begin to up their short-term assignments, many may turn to furnished housing to provide a more thoughtful working and living environment for their employees.

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