According to a new Robert Half survey, 62% of workers would relocate for a job. A separate survey of senior managers found that in the past five years, 34% of companies have increased what’s offered in the relocation packages they present to top candidates outside their geographic area. In contrast, 30% of organizations do not offer any incentives for moving. Additional findings:
– Workers identified better pay and perks (44%) as the top factor in their decision to move for a job, followed by family or personal reasons (17%) and cost of living and career advancement (16% each).
– Professionals ages 18 to 34 (76%) are most likely to relocate, compared to those ages 35 to 54 (62%) and 55 and older (40%).
– 67% of male employees would move, versus 59% of women.
– Minneapolis (45%), Boston and Philadelphia (48% each), and Detroit (53%) have the fewest number of employees who would consider leaving their current area.
– Miami (53%), Houston (48%), Los Angeles (45%) and Dallas (42%) have the most companies that have increased their relocation packages over the past five years.