The Candidate recently
carried out a
research, which strived to answer the question: 'Are candidates
making the move?' By conducting this study, we aimed to gain an
understanding of how frequently relocation packages were being
offered to candidates as well as what benefits would act as an
incentive for candidates to make the move!
Of the 500 respondents in the study, we asked who previously had
been offered a relocation package and what perks that were
included. The results were quite diverse; with 69% of the
respondents being offered paid temporary accommodation, 42% have
had their transport paid for and only 8% had been offered a salary
increase until they were settled in to their new lives.
In the past, it was unusual for a company to offer paid
transport for new employees. However, the high percentage (69%) of
those who had been offered paid temporary accommodation is very
positive! If businesses were to take this on-board, they should see
an increase in the amount of people willing to relocate for their
company, as moving to a new area can be very costly for someone.
Many companies may also miss out on great candidates if they are
not willing to assist on their relocation process.
However, our research found that companies have paid legal fees
for 19% of our respondents, which clearly proves that some
businesses are willing to go beyond their duty in order to secure
the right candidate for the job!
Unsurprisingly, we found that the biggest motivation for an
individual to relocate for a new job is a financial offer. 58% of
the respondents said that, if they had to move for a new job, they
would want a minimum 25% salary increase and 38% of our respondents
said that they would expect even more than that!
Evidently, when a company is putting together a relocation
package, they should definitely consider offering an increase to
the candidate's salary or offer contribution to their relocation
fees. 59% of the respondents stated that the one thing holding them
back from moving to a new city, would be the affordability of the
relocation process. Due to the digital growth of the North West, we
will see more digital and technology candidates relocating, where
more companies must be prepared for offering relocation packages,
if they want to grow their presence in another geographical
Read our full research report about Relocation in the