Relocation Packages for Attracting Talent

Relocation Research Image

Here at The Candidate, we recently commissioned  research investigating the reasons that were contributing to the on-going digital skills shortage. Amongst the findings, our report uncovered statistics concluding that the majority of employees would be likely to relocate for a new job, if they were offered a relocation package by their new employer.

92% of those surveyed said they would seriously consider a job elsewhere, if they had access to a package that enabled them to relocate more easily. Yet limited businesses actually offer these kinds of packages - a massive 83% of people surveyed have never been offered a relocation package, when searching for a new job outside of their catchment area.

Relocation packages are sometimes offered by employers if the employment location is more than 50 miles from their home, or if it is a significant hire. The packages frequently include a number of benefits that would attract employees to move to another town or city for work, and are often negotiated during the interview process.

Those that would consider a relocation package will understand the advantages behind them. In terms of career benefits, relocating can provide a salary increase and a career can also be enhanced, due to employers seeing a willingness to relocate as a favourable attribute. There are social benefits associated with relocating for a new job, as it is an ideal opportunity to meet new people both inside and outside of the office.

The survey showed that it is increasingly becoming a necessity for employers to offer relocation packages in order to recruit the best people. It is significant for employers to be aware that if a potential candidate lives over an hour away from the office, they could dismiss a job move. Statistics from the survey showed that only 9% of people would commute to work for over an hour and a half, proof that employers need to seriously consider their relocation offering, before beginning the hiring process.

Read the full report here

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TESTIMONIALS

It didn’t take long to build rapport with Laura, as her excellent communication skills shone through from the start. She placed me in my most recent position and was very thorough in liaising between myself and my prospective employer at the time - an often understated skill. Moving to a new city for the position at short notice was not going to be easy, but Laura made sure I was as informed and prepped as possible when going through the interview stages and seemed to always have my best interests at heart. One of the most personable recruiters I have worked with, and I will certainly be calling her first when I am considering changing position again!


Michael, CRM Manager, July 2017

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