Four in 10 organisations are anticipating more employee relocations or assignments in 2024, according to a new report from WHR Global.
Its Global Mobility Benchmark Report revealed that 33% of employers are expecting “slightly higher” volumes of relocations this year, while six per cent are anticipating “much higher” volumes.
Some of the factors influencing organisations’ anticipated relocation volume include:
- Company financial performance
- Organisational restructuring
- Career development
- Mergers and Acquisitions, and pressure from the finance team to be within 20% of cost projections
- Remote and/or hybrid work-from-home options
- Costs
- Key executive retirements
