Relocation Volumes & Budgets – Overall & International


Recovery Stabilizing, Volume Expectations Positive, Budgets Increase at Slower Pace

The past year brought continued normalization for the industry, solidifying the recovery that began in 2012. Forty-one percent of firms saw relocation volumes increase; over a fourth saw budgets increase as well. Mid-size and large firms experienced the greatest gains overall, with nearly half seeing more relocations and more than a third seeing budget increases. Internationally, the story is similar; thirty-seven percent of firms saw international relocation volumes increase. Large firms lead the surge; around half experienced growth in international volumes. Few saw any decreases in volumes or budgets.

Expectations for 2014 are positive and similar to 2013. Most companies expect volumes and budgets to stay at 2013 levels; a fourth or more expect further increases in volumes overall and internationally. Compared to 2004 and 2005, expectations overall remain muted (similar to 2006 through 2008), while expectations for international volumes are similar to previous growth years. Mid-size and large firms are more optimistic generally, but large firms are slightly more optimistic internationally.

Across company size, around a fifth of firms expect budget increases in 2014, while the majority expects budgets to remain the same. This follows a trend that emerged last year and suggests the creative budgeting of the Great Recession has become the new normal. Over the last two years, relocation volumes have risen at a greater rate than budgets.

  • The median numbers of relocations by large firms (200-399) and mid-size firms (20-49) remain in normal territory after falling substantially (100-199 and 10-19, respectively) during the economic downturn.
  • The greatest growth in volume occurred for national and international firms. Around half of them reported increases, and roughly a third saw budgets grow as well. Just under a fourth of regional firms saw increases in volumes, and only a sixth saw budgets increase. Over a fourth of international firms and roughly a third of national firms expect further increases in volume for 2014; however, slightly fewer of these firms expect corresponding budgetary increases (23% and 26%, respectively).
  • For-profit service firms are the most optimistic internationally; more than a third expect overseas volumes in 2014 to rise.
Question 1
Number of employees relocated in 2013
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Question 2
Companies that relocate employees between countries
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Question 3
Is your company...
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Question 4
Compared to 2012, did the number of employees you relocated...
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Question 5
Compared to 2012, did your 2013 relocation budget...
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Question 6
The number of employees your company will relocate during 2014 will...
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Question 7
Do you anticipate that Your relocation budget in 2014 will...
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Question 44a
Did the number of employees your company relocated internationally during 2013?
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Question 44b
Do you anticipate that the number of employees your company will relocate internationally during 2014 will...
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