Corporate Relocation Report: What does it cost????

We all know that corporate relocation clients comprise the largest segment of corporate housing users. So when they tell me relocation is on the upswing I know it is good for business. According to the last annual report from the Corporate Housing Providers Association “Relocation continues to be the main reason for client stays in the United States, with project/training the major reason Canadian clients stay in units. Relocation is a close second in Canada.” Last year in the CHBO Annual Real Estate Survey 44% said they had tenants who were relocation related. Worldwide ERC® Relocation Survey: U.S. Domestic...

Employers Not Covering Relocation Costs – MSNBC.com article

CorporateHousingbyOwner.com’s founder, Kimberly Smith, was featured in a fantastic article that posted on MSNBC.com on Sunday. The article talked about how employers are not covering relocation costs these days – or they’re providing a measly few thousand dollars to cover some costs and leaving families to cover the rest. Other points from the article: Fewer companies are considering out-of-town applications thereby limiting job prospects for talented individuals. This is because companies can’t afford to relocate employees so they aren’t even looking at those resumes. 19% of companies have admitted they have cut employee benefits in the last six months;...