Willingness to relocate: People are not as mobile as they used to be so getting them to move for experiences is more difficult than ever before...how big of an issue is this nationally (survey data?) and how are successful companies dealing with this lack of mobility (beyond remote work) to entice a relocation?
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VP Engineering in Software4 months ago
The issue of reduced willingness to relocate for work has become significant nationally, with many employees increasingly reluctant to move due to family ties, safety concerns, and a desire for stability and work-life balance. Surveys indicate that 64% of companies reported employees declining relocation offers in 2023, with safety and family being the primary reasons. Successful companies are addressing this by enhancing relocation packages to include spousal job assistance and childcare support, offering short-term or project-based relocations, partnering with relocation service providers for tailored support, providing unique incentives such as signing bonuses and cost of living adjustments, and ensuring regular communication and support throughout the relocation process to alleviate concerns and ensure a smooth transition for employees and their families.VP of Marketinga month ago
Yes this surely a challenge, post Covid mainly, although in some form or shape this has been always a challenge. As an organisation, we have adopted a model which primarily focuses on growth opportunities for those who are willing to relocate and take additional role and responsibilities. This gives individuals who are more career oriented and ambitious, to take such assignments. Director of Operationsa month ago
Relocating to another country does not come without challenges. Several factors can motivate people, such as personal development and career growth, higher education, and a bigger salary.In my experience, all the three elements described above were present, however they al were part of a purpose: Doing something different, a different life as a result of my "purpose". And the paradox is that i finally found a better work-life balance once understood and adapted to the culture of UK,
Director of Operations in Healthcare and Biotecha month ago
There are multiple factors at play here, including family, compensation, and a highly inflated housing market with limited inventory. For a move to be appealing, it must be advantageous for both companies involved. I don't know many colleagues who would be willing to relocate if it meant a decline in their living standards or quality of life. Ultimately, the decision to move hinges on two primary considerations: family and financial well-being.