A majority of HR and mobility professionals
attribute increases in corporate relocation volume to lack of local
talent
DANBURY,
Conn., March 27, 2024 /PRNewswire/ -- Cartus
Corporation, an Anywhere Real Estate Inc. (NYSE: HOUS) company and
global leader in corporate relocation solutions, announces the
release of its Global Talent Mobility Survey 2024. Subtitled
"The great balancing act: optimizing the employee experience while
controlling costs", the report delves into key aspects of corporate
mobility programs with international (cross-border) move volume,
exploring critical areas such as talent management strategy;
employee experience; flexible mobility; diversity, equity, and
inclusion (DEI); and cost management.
Experience the full interactive Multichannel News Release here:
https://www.multivu.com/players/English/9248751-cartus-global-talent-mobility-survey-2024/
Demographics
The survey encapsulates perspectives from
138 respondents across diverse sectors like construction, consumer
goods, education, energy/oil and gas, gaming, finance, insurance,
pharma, manufacturing, recruitment, retail, tech, and service. Two
thirds of respondents are from in-house global mobility/relocation
functions, with an additional 20% from HR/people/talent-based
roles.
2024 Relo Trends
Cartus' report underscores the
delicate balance between providing a positive experience for
relocating families and the imperative to reduce mobility costs.
The research also highlights increasing pressure on HR and mobility
professionals to strike a balance between the human touch and rapid
technological advancement.
"Our Global Talent Mobility Survey demonstrates Cartus'
commitment to pioneering thought leadership, offering invaluable
benchmarking insights and recommendations from our Cartus experts,"
explains Matt Tebbe, Cartus
President and CEO. "The report equips HR and mobility professionals
with the necessary tools to navigate the rapidly evolving realm of
talent mobility."
Key Findings:
- The top mobility priority for 2024 is the enhancement of
in-house mobility processes and optimization.
- Mobility volume has increased or stayed the same for 70% of
respondents, primarily driven by the absence of local talent,
company growth, and expansion into different markets.
- The types of mobility activity anticipated for 2024 include
business traveler (68%); intra-country, international long-term,
and international short-term moves (67%); and employee-requested
moves (60%).
- There was a slight downtick in expected budget approval
challenges compared to last year (57% in 2024 vs. 67% in
2023).
- The US and China are the most
challenging relocation destinations.
Access the full survey report: cartus.com.
About Cartus
Cartus Corporation, a global leader in talent mobility and a
subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), delivers the
full spectrum of corporate relocation services to organizations of
all sizes across the world. These include more than a third of
Fortune 100 companies as well as hundreds of clients with
small-to-mid-size programs serviced through their dedicated Cartus
InsigniaSM segment.
Media Contact
Trevor Macomber
Cartus Director, Growth Enablement—Branding &
Communications
trevor.macomber@cartus.com
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SOURCE Cartus