On The Move: An Increase In The Need For Corporate Relocation Service

A slowly, if not steadily rebounding economy is good news for everyone

. In the world of executive relocation, that positive trend signals that the need for corporate relocation services could be on the rise.

Shift in numbers

Relocation all but grinded to a halt with the onset of the recession, but since last year, reports show that trend is reversing. A recent survey cited in Employee Benefits News reveals that roughly two-thirds of relocation managers believe their companies will do better this year, with twenty-six percent of companies expecting to relocate more workers this year than last.

Money matters

The amount companies were willing to reimburse employees declined over the past 2 years. However, that same survey showed a turn-around, with 65% of firms offering full reimbursement for moves. Nearly 90% of companies will spend as much, or more, on relocation this year than last year.

Location, location, location

Domestically, relocation to the Northeast ranks the highest, with the Midwest and South following in line. The West remains fourth. Continued globalization means there has also been an upsurge in International relocation as well, across all locations, both inbound and outbound.

Meeting needs

From the European Union, Asia, and the Middle East, international moves are on the rise. With more executives being sent abroad, or coming into the US, there's a need for dedicated corporate relocation services to meet the needs of those workers and their families. Understanding the unique challenges faced in executive relocation requires experience and attention to even the smallest of details.

Conclusion

To make the best use of skills and resources, many companies move employees where their talents are needed. The trend is on the upswing once again. Relocation moving services handle such tasks as preparing for moves, transporting items, helping families to settle in and find housing, and taking care of employee's needs. Ensuring a smooth transition is a priority; so make certain to use a reliable and experienced company to take care of the process.

Are you slated for relocation, or is your company looking to shift resources domestically, or internationally? You may want to find out all the details of not only compensation for the move, but details on what to expect for the families involved.

Increase your understanding of what an executive relocation entails by contacting us today. We can help you with a plan, and handle all the specifics for you.

by: munsoninternational

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