October 20, 2015

Worldwide ERC Releases 2015 Transfer Volume and Cost Survey Sponsored by Cartus

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Oct

20

Worldwide ERC Releases 2015 Transfer Volume and Cost Survey Sponsored by Cartus

Worldwide ERC® has just released its 2015 Transfer Volume and Cost Survey, sponsored by Cartus. The survey reflects responses from organizations across a variety of industries, and highlights improved market conditions in the U.S., increased relocation volume, and a decline in employees’ reluctance to relocate. Among the survey findings:

  • Companies relocating employees saw a four percent increase in relocation volume among current employees, and a seven percent increase among new hires in 2014 over 2013.
  • Since 2012, employee reluctance to relocate within the U.S. has decreased dramatically. Currently, 35 percent of firms report experiencing some problems with reluctance, compared to 78 percent in 2012.
  • Respondents projected relocating 280 current employees and 98 new hires within the U.S. in 2015.
  • Combined current employee and new-hire demographics noted that on average, 55 percent were renters in 2014, a small decrease from 57 percent in 2013.
  • In 2014, the average cost to transfer a home-owning, current employee dipped five percent to $85,673, and the average cost to transfer a renting, current employee increased nine percent to $27,327.

Call your Cartus representative for more information on the survey report, or visit www.worldwideerc.org/research where you can review a complete list of research reports available through Worldwide ERC®.

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Posted By

Patrick Lewis

About Patrick

Patrick is manager, marketing communications at Cartus. He has more than 15 years of marketing, communications, and writing experience, and a decade of global relocation experience.

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