Cartus Survey Finds Rising Housing Costs and Spouse Career Assistance Are Top Concerns for Relocation and Human Resources Professionals

Conducted at a Recent Worldwide Employee Relocation Council Meeting, the Survey Also Found that Gen X Transferees Are More Demanding than Both Millennials and Baby Boomers

Aug 27, 2015, 10:03 ET from Cartus

DANBURY, Conn., Aug. 27, 2015 /PRNewswire/ -- Human resources executives of global companies are most concerned about rising housing costs and increasing  requests from transferring employees who want additional spouse career assistance, according to a survey from Cartus Corporation, a leading provider of global relocation services.

The survey of more than 150 human resources and relocation professionals was taken at the recent Worldwide ERC meeting held in Las Vegas. 

When asked, "In what areas have you seen relocation costs rise dramatically in the past year?" relocation managers ranked the following as their top five areas of concern:   

  1. Housing
  2. Temporary Living
  3. Household goods shipments
  4. Compliance
  5. Schooling

"Housing costs and temporary living expenses are the top two areas of concern for relocation professionals worldwide," said Michelle Vallejo, Cartus senior vice president, Account Management, Americas.  "Additionally, the Cartus survey found that relocation professionals need to find additional ways to help their transferring employees get assistance for their spouses and also look for ways to provide additional settling in services."

When it comes to benefits, human resources professionals say their relocating employees are increasingly asking for additional help for spouses as well as settling in services. 

The following are the top four employee requests when asked, "In which areas have you seen more requests for coverage?"

  1. Spouse Career Assistance
  2. Global Settling-in Services
  3. Pets
  4. Elder Parents

Last, when asked "Which demographic group do you find the most demanding in terms of relocation benefits and process?", relocation professionals said Gen X'ers were the most demanding, followed by Millennials and then Baby Boomers.

About Cartus
Cartus provides trusted guidance to organizations of all types and sizes that require global relocation solutions. This year marks the 60th anniversary for Cartus, which serves more than half of the Fortune 50 and offers its services in 185 countries, providing companies around the world with the full spectrum of relocation services, including language and intercultural training. Cartus is part of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. To find out how our greater experience, reach, and hands-on guidance can help your company, visit http://www.cartus.com or click http://www.realogy.com for more information.

Contact:

Alison Sedney at 203.205.3739

Hugh Siler at 949.646.6966

alison.sedney@cartus.com

hugh@silerandcompany.com

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SOURCE Cartus



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