Corporate Relocation International (CRI) and Pivt are launching “Blueprint,” a cutting-edge retention solution leveraging advanced AI and analytics to empower companies to enhance employee retention, optimize relocation investments, and drive measurable ROI.
A recent survey of more than 100 global mobility leaders found nearly all of them expressed a need for solutions that deliver better insights into the ROI and success of their relocation programs, yet 75% aren’t tracking that success.
The report also found that 67% of HR leaders don’t have the resources to address retention proactively, 52% of companies track the retention rate of relocated employees while just 37% track ROI, and 31% of companies don’t track why relocated employees leave the company. Additionally, over half (58%) of HR leaders prioritize investing in AI to deliver insights that result in cost savings over self-serve tools for transferring employees. Most (82%) HR leaders see an opportunity for RMCs to partner more deeply to evaluate and postiviely impact relocation retention.
For companies with 10,000 employees, improving first-year relocation retention by 100 basis points could save $13.5 million in operational costs, including attrition, relocation, replacement, and lost productivity.
“Today’s competitive landscape demands smarter strategies for hiring and retaining top talent,” says Bryan O’Connell, CFO and CTO of CRI. “Blueprint equips companies with the critical insights they need to evaluate and improve talent retention strategies. It’s a game-changer for understanding and optimizing relocation programs.”
Blueprint directly tackles these key challenges:
- improving employee experience;
- assessing and addressing the needs of relocating employees and their families;
- benchmarking retention against competitors;
- providing detailed industry comparisons to refine mobility strategies; and
- reducing costs and maximizing ROI with actionable, cost-effective program recommendations.
