Corporate Relocation in 2021
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If we’ve learned anything in the last 18 months, it’s that the only constant is change. For many hiring managers and corporate recruiters, the talent acquisition process has shifted dramatically. We moved from in-person to virtual recruiting and interviewing. Site visits have been replaced with Zoom calls and concerns about corporate relocation compensation have dwindled as remote work has become the norm for many companies.
While ‘return to work’ initiatives have been met with mixed feelings, many HR professionals are working to strike a balance between what works best for their teams, and what promotes the company culture, learning, and collaboration opportunities they have worked to cultivate over the years.
The Great Resignation
This term has been popping up everywhere the last few months and nods to a larger trend some experts say will last for the next couple of years until labor markets can equalize. While COVID-era experiences have opened the door for many of these changes, much of what we’re seeing has been brewing below the surface for some time.
In August, CNBC reported that 55% of Americans planned to look for a new job. Some of the most common reasons? Work flexibility, higher pay, and career advancement.
Recruiting and Hiring in 2021
Even in the midst of “The Great Resignation”, employers are experiencing labor shortages or very competitive labor markets. This is requiring companies to rethink pay, benefits, schedule flexibility, and remote work options.
With workforces spending the better part of eighteen months at home, the draw to come back to the office is minimal, which opens the door to larger talent pools for businesses that are willing to extend remote opportunities to job candidates.
Forbes recommends these six strategies to Businesses competing for talent in 2021.
- Offer back-to-work incentives if you require office presence
- Increase wages
- Use professional recruiters to help identify the best-fit candidates
- Play up your company benefits
- Offer flexibility and work-from-home benefits
- Open up apprenticeship opportunities
Who is Relocating for Jobs in 2021?
For many candidates, the idea of relocating for a new job is relatively low on the list of ‘ideal options’ in 2021, especially since remote work opportunities have increased drastically in the last year. While most entry-level and mid-level candidates aren’t apt to move for a role, senior management and C-Suite executives are the most likely candidates to relocate for a new opportunity.
What does this mean for hiring managers coordinating relocations? The experience better be seamless.
How to Improve Your Corporate Relocation Solutions
Building corporate relocation packages can be cumbersome. There are a variety of factors that impact the final cost of the relocation and the experience of the relocated employee.
If you’re looking to streamline your employee relocation process, consider a corporate relocation partnership. Corporate Relocation Partnerships offer solutions to employers to help manage the relocation needs of their new and existing employees.
Through our partnership with United Van Lines, ADSI Moving Systems is able to offer a variety of corporate relocation services and packages to fit the needs of any business, whether you are relocating your employees across the state, across the country, or around the world.
From exceptional management, start to finish, to guaranteed pricing and priority delivery, we’re proud to offer a truly white-glove relocation service. If you’re wondering what the process looks like, catch up with one of our past relocation clients for a peek inside their experience.
Ready to bring top talent to your team? Trust the professionals at ADSI Moving Systems to get them there.