"To be rooted is perhaps the most important and least recognized need of the human soul"

          Simon Weil, The Need For Roots

The true cost of relocating employees and their families extends well beyond the numbers captured by typical accounting.

Today, the unplanned turnover rate of a relocated employee is 3-4 times greater than one who has not moved. (The average cost of losing an employee is in excess of $50,000).

More than 90% of surveyed respondents who relocated for a new position, noted there were adjustment challenges created for their families. (Companies may incorrectly assume their relocation service provider has "taken care of everything")

Some companies now recognize the value of providing their people with timely, additional insight and support regarding the entire Triangle area and what it has to offer, before they start making important relocation decisions.

With intense competition for the best new hires and more resistance to uprooting families, companies are also looking for effective ways to differentiate and improve the relocation experience.

 

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