Relocation spend ensures smooth transition

first_imgRelated posts:No related photos. Comments are closed. Previous Article Next Article Employers spend an average £12,000 on temporary accommodation, estate agentsand legal fees every time they relocate a member of staff within the UK. A study by IRS Employment Review finds that more than a third of companies willbe increasingly likely to relocate staff over the next three years, compared toone in 10 which anticipate a reduction in staff relocation. Nearly half of the 48 companies surveyed expect to increase theirinternational relocation of staff, while just 12 per cent think this activitywill decrease. The cost of relocating staff internationally has risen from £12,500 threeyears ago to £15,000, while the cost of UK staff relocation has fallen from£15,000 to £12,000 per employee over the same period. The research shows staff are less likely to want to relocate than they werethree years ago, mainly because developments in IT and communications have madeteleworking a viable option. Mark Crail, managing editor of IRS Employment Review, believes spendingmoney on staff relocation to make the process as painless as possible is aworthwhile investment. He said: “It costs companies a great deal to relocate staff. Those whodo it well invest in making the move as easy as possible for their employeesand their families – particularly when the move takes them abroad. At a timewhen specialist skills are in short supply this is a good investment with realbenefits to both sides.” Relocation spend ensures smooth transitionOn 12 Mar 2002 in Personnel Todaylast_img read more