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Relo Revival

Monday, July 11, 2011
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Surveys and industry experts agree: Relocation is in the midst of an upswing compared to the last few years, as companies are moving more employees and increasing relocation budgets.

In its 44th Annual Corporate Relocation Survey, Evansville, Ind.-based Atlas Van Lines reports that 30 percent of companies plan to relocate -- both domestically and internationally -- more workers this year than last year. That's the highest percentage since 2005, when that number hit 33 percent.

Just 13 percent say they plan on decreasing the amount of relocations.

This year's Total Employee Mobility Benchmark Report from Runzheimer International finds similar results -- 43 percent expect an increase in relocation volume, while just 9 percent predict a decrease.

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Ryan McConnell, vice president of corporate marketing at the Evansville, Ind.-based organization, says there's plenty of optimism in the industry these days.

"There seems to be a very high percentage of folks who felt better about things for 2011 and the future, than the past two to three years," he says.

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