Remote Work and Relocation

New research finds that mobility remains strong in the new world of work.

There’s no question that remote work, which was leveraged out of necessity during the height of the pandemic, has become more and more common. Worldwide ERC®’s new study, The Evolution of Remote Work, found that respondents reported that 53% of their workforce is fully or partially remote. How is mobility impacted by this shift in the workplace? 

Worldwide ERC®’s new study finds that global mobility is being leveraged for cross-functional work due to the implementation and administration of remote work policies. Relocation opportunities also remain a critical tool for attracting and engaging talent. The study finds an increase in voluntary mobility, which empowers employees to transfer to a new location to gain new skills through a short-term placement. A third of respondents report they were considering implementing such programs in the near future.

The main drivers of short-term voluntary employee mobility programs include:

  1. Improve talent retention
  2.  Improve talent acquisition
  3. Provide employee flexibility
  4. Reward high-performing employees
  5. Create a more globally aware and connected organization

“Contrary to early-pandemic predictions, remote and hybrid work has not permanently reduced travel and mobility. Organizations realize the need for balance between in-person collaboration and remote communications, as well as reemphasizing the value of international work experience and employee mobility professionals are the experts at building compliant and cost-effective programs that drive employee acquisition, engagement, and retention,” said Karen Cygal, SVP at Worldwide ERC®.

Tags: October 2022, Relocation, Remote Work

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