Employee Relocation and Mobility Policies Need Greater Flexibility - New Study by CapRelo and the HR Research Institute
The research study, Creating a More Flexible Employee Mobility Experience, was conducted to better understand how organizations can be more agile and effective with their relocation and employee mobility initiatives.
Companies have to be agile and flexible, especially when it comes to accommodating their employees and meeting their expectations, if they want business to thrive and not just survive.
Jackson's Point, Ontario, Canada (Newsworthy.ai) Monday Feb 21, 2022 @ 8:00 AM Eastern —
An essential element for business success is the ability for employers to find and place talent where an organization needs it, and the challenges presented by the pandemic have proven that they need to be agile and prepared. Some organizations are recognizing that need for greater flexibility in their relocation policies as almost half (43%) agree or strongly agree that relocation policies have been updated in the past 12 months to accommodate flexible working arrangements.
The free research report, Creating a More Flexible Employee Mobility Experience, is now available for download. HR.com's HR Research Institute and employee mobility expert and relocation services provider, CapRelo, conducted the study of HR professionals to investigate a range of employee relocation topics to give employers insights on how they can be prepared and more agile with optimal employee mobility policies and processes.
Further investigation highlights the findings that more than a third of HR professionals (35%) agree or strongly agree that their organizations are offering employees more personalized and tailored relocation benefits, and 33% say their relocation policies have been updated to accommodate employee wellbeing and mental health. One-third have updated relocation initiatives to facilitate greater diversity, equity and inclusion (DE&I) through greater flexibility. However, the plurality (37%) says that there has been no change in this area in the past 12 months.
Although it’s promising to learn that many organizations are keeping flexibility in mind when making updates to their relocation policies, further analysis was conducted to highlight what initiatives appear to be working and may be contributing to the success of these employee mobility programs. Companies that are proven leaders in relocation and mobility are:
Nearly twice as likely to say relocation policies have been updated to accommodate employee well-being and mental health.
Nearly twice as likely to say ROI is an effective way to assess the success of global mobility.
More likely to update a variety of relocation initiatives to facilitate greater DE&I.
More likely to say that mobility is seen as a positive opportunity.
“Whether we like it or not, the pandemic has definitely ushered in a new era of resilience,” stated Debbie McGrath, Chief Instigator and CEO of HR.com. “Companies have to be agile and flexible, especially when it comes to accommodating their employees and meeting their expectations, if they want business to thrive and not just survive.”
Download the full report which includes details on nine key takeaways to help employers review and update their relocation policies and priorities to ensure they can be more prepared and agile in uncertain times with optimal employee mobility policies and processes.
DOWNLOAD RESEARCH REPORT: https://web.hr.com/8nqy
CapRelo is a full-service global relocation management company that manages more than 10,000 worldwide relocations and assignments annually for all sizes of companies – small to major multinationals alike. With 24 years of mobility expertise, we have established an extensive global footprint with presence in the Americas, EMEA and APAC. Your purpose drives our focus and allows us to be uniquely positioned to help you both acquire and retain the best talent. Our vision is lived by our staff, our daily interactions with clients and industry colleagues and our commitment to the communities we serve. We are proud to support the relocation needs for living, working, thriving anywhere across a lifetime.
About HR.com and the HR Research Institute
HR.com’s HR Research Institute helps HR departments keep their finger on the pulse of HR! HR.com is committed to creating inspired and informed workforces by maximizing the potential of HR professionals around the world. Almost 2 million HR professionals rely on HR.com as the foremost, trusted industry resource for education, career development, and compliance (that many people can’t be wrong!). Offerings include the largest network of HR executives, leading-edge industry research from the HR Research Institute, 13 HR-themed epublications, innovative HR education including 250+ annual webcasts, the most comprehensive HR certification exam preparation program supporting SHRM and HRCI certification, as well as helpful HR tools and legal compliance updates. HR.com has the largest knowledge base of HR practices globally and offers unparalleled training and networking for HR professionals all over the world... 24/7… 365 (just in case you can’t get enough HR). Visit www.hr.com/hrresearchinstitute to download research (always free) and to maximize HR potential.
For more information, contact:
PR Manager, HR.com