Relocation Packages Give Your Company an Edge
According to Forbes.com contributor Dan Schawbel, “More professionals are seeking contract or project-based jobs instead of full-time positions.” As the freelance marketplace strengthens, hiring a full-time employee who has flexible contract options will require strong incentives. Augmenting a benefits packages with relocation options can give the extra push needed for candidates who are on the fence.
Schawbel also states, “Next year, more than 3.6 million baby boomers are set to retire and more than one-fourth of millennial workers will become managers.” Studies have shown millennials are inclined to value benefits and flexibility most when considering a position. Changing workforce lifestyles also have the potential to require necessary change in relocation. For instance, the bulk of millennials are marrying later and having less children than older generations. Many in the current workforce are also choosing to rent rather than own a home. It is details like these that can quickly render a once adequate relocation policy out-of-date.
As society progresses, family and workforce dynamics change. Ensure your relocation package is competitive and can accommodate families, individuals, homeowners, and renters in 2016. If you feel more moves would quickly overwhelm your staff and/or finances, consider collaborating with a relocation services provider. Just as outsourcing for recruitment and payroll services has become standard with most successful businesses, relocation is most efficient when trusted with industry experts.
For more information about moving forward with relocation in 2016 and our services at Relocation Coordinates International, visit our contact page or call (866) 915-8631.