AmplifierCorporate Relocation > The State of Corporate Relocation in 2016

The State of Corporate Relocation in 2016

4/22/2016

49th Annual Corporate Relocation Survey CoverSince 1968, Atlas Van Lines has annually surveyed corporate relocation professionals on their views, policies, and practices to better understand changes taking place in the industry. Our results for the 2016 Corporate Relocation survey are here, and they provide an in­-depth look at the most noteworthy trends in mobility.

Who responded?
Atlas sent invitations by email and 445 individuals responded. Of those, 89 percent of the respondents work in human resources or relocation/mobility services departments and 51 percent work in international firms.

What are the major trends for 2016?

More relocations than last year. 
There were more relocations in 2015 than 2014, and we should see more 
relocations in 2016 than last year. In fact, around four out of 10 firms expect volumes to increase further overall and internationally. Budgets continue to rebound. In both 2014 and 2015, nearly half of companies indicated their relocation budgets increased and 41 percent believe their budgets will increase again in 2016.

Young professionals are on the move.
When it comes to young professionals and mobility, 43 percent of firms indicate that the average age of employees relocating most frequently is under 36 years old. On average, 22 percent of relocations in 2015 were for entry-­level positions and around half were for mid-­level. Nearly half (47 percent) of relocations were for new hires.
Graph: Relocation Expenses ReimbursementLess full coverage and more lump sums.
For the second year in a row, full reimbursement of expenses for new hires (36 percent) is out of favor in comparison to lump sum payments (45 percent) and partial reimbursement (38 percent). Roughly half of the relocations were either only partially reimbursed by the company or were lump sum payment only.Graph: External Factors Impacting Relocation Volume 1988-2015
Relocation for growth, expansion and talent needs.
Lack of qualified local talent is still the top external issue cited by participating firms (42 percent) followed by economic conditions (32 percent). Company growth is the internal factor cited (39 percent) most often with combined company expansion efforts coming in a close second (37 percent).
Graph: Internal Factors Impacting Relocation Volume 1988-2015
More assignment diversity.
Roughly two-­thirds of firms responding to the survey indicate they are using alternative assignments of some type, nearly the same as in 2015 and far more than in the previous three years. Additionally, 65 percent of firms continue to indicate they have a formal short-­term/temporary assignment policy, 52 percent have an extended business travel policy and 40 percent have a policy for long-distance commuters.

How is this information used?
We expect the report to be widely cited by major print and online media outlets as primary research on major factors shaping the industry. The survey results will also be presented to our distinguished guests of the 49th Annual Atlas Forum, taking place in Chicago, April 21‚Äč-22.

Featured

Familiar Themes & Pricing Reset

Ryan McConnell, Vice President, Strategic Planning, and Jeff Schimmel, Vice President, Transportation Services, are key strategists in the effort to optimize sales and profitability for Atlas® Van Lines. In early September, Joe Stackhouse joined the team as the new President & COO.

...read more

Driving Change

Today, the Atlas cooperative is made up of over 400 independently-owned and -operated moving companies throughout North America. Members still commit to one another for the common good. At a time when the industry wrestles with unprecedented challenges, that commitment has never been more vital.

...read more

Agents Lend a Helping Truck

Atlas® Van Lines Agents think ‘the bigger the better’ when it comes to spreading awareness about food insecurity. In partnership with Move For Hunger,™ a nonprofit that encourages donating food instead of moving it, our moving and storage companies are sharing the message from the largest billboards they could find – their moving trucks.

...read more

People

Atlas Awarded for Giving Spirit

Giving back to local communities is a priority that resonates throughout the Atlas network. At headquarters, the Atlas United Way committee looks for engaging ways to keep the charitable spirit alive among the Atlas employees all year long.

...read more

Atlas Agents Help Students Move Out for Hunger

Atlas Agents are taking their trucks and charitable acts to a higher level – of education, that is. Move For Hunger Director, Adam Lowy, and team, coordinated the first ever Move Out for Hunger food drive, in partnership with Doorsteps and Food Recovery Network.

...read more

Moving Up and Moving Forward

John Lance, NMS Moving Systems, Inc. (2015), was handed a huge honor at the 99th Annual California Moving and Storage Association Convention in Rancho Mirage, Calif., physically and figuratively speaking.

...read more

Events

Atlas is a Friend in Corporate Relocation at SHRM

In fact, the overarching message for Atlas at the SHRM show was to ease customers’ minds about the relocation process. To demonstrate how Atlas PVO’s and pack/load team members are friends that customers can trust with their household belongings, two life-size cardboard cutouts of crew members stood in the booth for photo opportunities, while attendees were encouraged to share their selfies with the hashtag #MyFriendsAtAtlas.

...read more

Sharing the Many Ways to go new places at SHRM

A group of representatives from multiple Atlas Agencies and Atlas HQ trekked to Las Vegas in late June to set up shop at the annual Convention and Expo of the Society for Human Resources Management (SHRM). In total, more than 630 exhibiting companies filled over 30 aisles with human resource solutions at the Las Vegas Convention Center, making it the largest expo SHRM has ever held.

...read more

Alexander's Celebrates a Big Year in Nashville

In 2015, Alexander's Mobility Services (0217) celebrated 20 years of service in the Nashville area, and they did it in a big way. As the largest multi-location agent in the Atlas family, Alexander's moved their Tennessee operations into a new location on the northwest side of the city.

...read more