Relocation Packages – Aid to Attract Top Talent

Latest statistics conclude that the majority of employees would be likely to relocate for a new job, if they were offered a relocation package by their new employer.

92% of candidates surveyed said they would seriously consider a job elsewhere, if they had access to a package that enabled them to relocate more easily. Yet few businesses actually offer these kinds of packages.

Relocation packages are sometimes offered by employers if the employment location is more than 50 miles from their home, or if it is a significant hire. The packages frequently include a number of benefits that would attract employees to move to another town or city for work, and are often negotiated during the interview process.

Those that would consider a relocation package will understand the advantages behind them. In terms of career benefits, relocating can provide a salary increase and a career can also be enhanced, due to employers seeing a willingness to relocate as a favourable attribute. There are social benefits associated with relocating for a new job, as it is an ideal opportunity to meet new people both inside and outside of the office.

Latest surveys have showed that it is increasingly becoming a necessity for employers to offer relocation packages in order to recruit the best people. It is significant for employers to be aware that if a potential candidate lives over an hour away from the office, they could dismiss a job move. Statistics from the survey showed that only 9% of people would commute to work for over an hour and a half, proof that employers need to seriously consider their relocation offering, before beginning the hiring process.

If you have any questions regarding this article or require further information about our Sales Consultancy Practice, please call us on 0844 2577 888.

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Posted in Interview Information for Management

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