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Sunday, December 23, 2012

More Companies Willing to Pay Relocation Costs to Win Workers


More companies are paying big costs to get good help, according to the 45th Annual Corporate Relocation Survey, conducted by moving company Atlas Van Lines. 

According to the survey, 2012 saw a steep increase in companies willing to absorb relocation costs as an incentive to win employees. More than 400 employers participated in the survey, which offers encouraging news to qualified job seekers willing to relocate but hesitant to incur the costs.

According to the survey, 57 percent of the 400 employers surveyed offered full reimbursement of expenses to new hires. That was the highest level in more than five years.

Some are looking to incentives such as relocation costs as a sign that despite a challenging economy, more companies have to offer incentives to secure great talent.

A recent article in the
Virginia Pilot noted that as many as half of big firms, such as defense contractor Raytheon, were offering payment of moving costs as part of their offer of employment to job candidates.

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More Companies Willing to Pay Relocation Costs to Win Workers

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