Cartus Unveils Insights from Inaugural Global Talent Mobility Survey 2024
A majority of HR and mobility professionals attribute increases in corporate relocation volume to lack of local talent
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9248751-cartus-global-talent-mobility-survey-2024/
Demographics
The survey encapsulates perspectives from 138 respondents across diverse sectors like construction, consumer goods, education, energy/oil and gas, gaming, finance, insurance, pharma, manufacturing, recruitment, retail, tech, and service. Two thirds of respondents are from in-house global mobility/relocation functions, with an additional 20% from HR/people/talent-based roles.
2024 Relo Trends
Cartus' report underscores the delicate balance between providing a positive experience for relocating families and the imperative to reduce mobility costs. The research also highlights increasing pressure on HR and mobility professionals to strike a balance between the human touch and rapid technological advancement.
"Our
Key Findings:
- The top mobility priority for 2024 is the enhancement of in-house mobility processes and optimization.
- Mobility volume has increased or stayed the same for 70% of respondents, primarily driven by the absence of local talent, company growth, and expansion into different markets.
- The types of mobility activity anticipated for 2024 include business traveler (68%); intra-country, international long-term, and international short-term moves (67%); and employee-requested moves (60%).
- There was a slight downtick in expected budget approval challenges compared to last year (57% in 2024 vs. 67% in 2023).
- The US and
China are the most challenging relocation destinations.
Access the full survey report: cartus.com.
About Cartus
Media Contact
Cartus Director, Growth Enablement—Branding & Communications
trevor.macomber@cartus.com
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SOURCE Cartus
