2024 Corporate Relocation Research Study of the Finance & Insurance Industries
Gain insights into the firmographics of companies within the finance and insurance industries, including company size, number of locations, and how these factors correlate with their approach to employee relocation. The study also explores how companies manage their relocation programs, whether internally, through a Relocation Management Company (RMC), or a combination of both, providing a comprehensive overview of management strategies.
Challenges and Trends in Corporate Relocation
Discover the primary challenges faced by companies in managing relocations, such as employee or family reluctance to move, home sale or purchase issues, and budget constraints. The study also highlights notable trends, such as the increasing use of multiple moving vendors and the strategic goals driving relocation programs, including employee satisfaction, cost containment, and talent acquisition.
Goals and Decision-Makers
Understand the goals behind corporate relocation programs, as outlined by different departments within companies, and how these goals align with overall business objectives. The study identifies key decision-makers in the relocation process, offering insights into the roles and responsibilities of executives across various levels and departments.
Future Outlook and Expected Relocation Volumes
The research provides an estimated relocation volume for 2023, reflecting on the impact of COVID-19 on corporate relocation trends, including the rise in remote workers and how this shift influences relocation volumes. It also discusses the concept of "Delocation" and its benefits for attracting talent favoring remote work arrangements.
Comprehensive Data and Expert Recommendations
Equipped with extensive survey data from 222 business executives, this study not only presents the current landscape of corporate relocation but also offers expert recommendations for optimizing relocation programs. It addresses the need for regular policy reviews, the importance of aligning relocation strategies with changing industry regulations, and the benefits of leveraging relocation management companies.
By downloading the 2023 Corporate Relocation Study for the Finance and Insurance Industries, you will equip yourself with the knowledge and tools necessary to navigate the complexities of corporate relocation effectively. Whether you're looking to refine your company's relocation policies, overcome challenges, or stay ahead of industry trends, this study provides the insights needed to achieve your relocation program goals successfully.