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Cartus Unveils Insights from Inaugural Global Talent Mobility Survey 2024

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Cartus Unveils Insights from Inaugural Global Talent Mobility Survey 2024

Cartus Unveils Insights from Inaugural Global Talent Mobility Survey 2024

PR Newswire

DANBURY, Conn., March 27, 2024

A majority of HR and mobility professionals attribute increases in corporate relocation volume to lack of local talent

DANBURY, Conn., March 27, 2024 /PRNewswire/ -- Cartus Corporation, an Anywhere Real Estate Inc. (NYSE: HOUS) company and global leader in corporate relocation solutions, announces the release of its Global Talent Mobility Survey 2024. Subtitled "The great balancing act: optimizing the employee experience while controlling costs", the report delves into key aspects of corporate mobility programs with international (cross-border) move volume, exploring critical areas such as talent management strategy; employee experience; flexible mobility; diversity, equity, and inclusion (DEI); and cost management.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9248751-cartus-global-talent-mobility-survey-2024/

</div><p><b>Demographics<br/></b>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.</p> <p><b>2024 Relo Trends<br/></b>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.</p> <p><i>"Our Global Talent Mobility Survey demonstrates Cartus' commitment to pioneering thought leadership, offering invaluable benchmarking insights and recommendations from our Cartus experts," explains <span class="xn-person">Matt Tebbe</span>, Cartus President and CEO. "The report equips HR and mobility professionals with the necessary tools to navigate the rapidly evolving realm of talent mobility."</i></p> <p><b>Key Findings:</b></p> <ul type="disc"><li>The top mobility priority for 2024 is the enhancement of in-house mobility processes and optimization.</li><li>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.</li><li>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%).</li><li>There was a slight downtick in expected budget approval challenges compared to last year (57% in 2024 vs. 67% in 2023).</li><li>The US and <span class="xn-location">China</span> are the most challenging relocation destinations.</li></ul><p>Access the full survey report: <b><u><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4125079-1&amp;h=3648641824&amp;u=https%3A%2F%2Fwww.cartus.com%2F&amp;a=cartus.com" target="_blank" rel="nofollow">cartus.com</a></u></b>.</p> <p><b>About Cartus</b><br/>Cartus Corporation, a global leader in talent mobility and a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), delivers the full spectrum of corporate relocation services to organizations of all sizes across the world. These include more than a third of Fortune 100 companies as well as hundreds of clients with small-to-mid-size programs serviced through their dedicated Cartus Insignia<sup>SM</sup> segment.</p> <p><b>Media Contact</b><br/><span class="xn-person">Trevor Macomber</span><br/>Cartus Director, Growth Enablement—Branding &amp; Communications<br/><u><a href="mailto:trevor.macomber@cartus.com" target="_blank" rel="nofollow">trevor.macomber@cartus.com</a></u></p> <div id="prni_dvprnejpg5cb7left" dir="ltr" style="width: 100%; text-align: left;"><img id="prnejpg5cb7left" style="width: 400px;" title="Cartus President and CEO, Matt Tebbe, shares his thoughts about the Global Talent Mobility Survey 2024" src="https://www.multivu.com/players/English/9248751-cartus-global-talent-mobility-survey-2024/image/MattTebbe_1710511122284-HR.jpg" alt="Cartus President and CEO, Matt Tebbe, shares his thoughts about the Global Talent Mobility Survey 2024" align="middle"/></div><p> </p> <div id="prni_dvprnejpge555left" dir="ltr" style="width: 100%; text-align: left;"><img id="prnejpge555left" title="Cartus logo. (PRNewsfoto/Cartus)" src="https://mma.prnewswire.com/media/327029/Cartus_v2_Logo.jpg" alt="Cartus logo. (PRNewsfoto/Cartus)" align="middle"/></div><p> </p> <p id="PURL"><img title="Cision" width="12" height="12" alt="Cision" src="https://c212.net/c/img/favicon.png?sn=AQ71187&amp;sd=2024-03-27"/> View original content:<a id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/cartus-unveils-insights-from-inaugural-global-talent-mobility-survey-2024-302100753.html" target="_blank">https://www.prnewswire.com/news-releases/cartus-unveils-insights-from-inaugural-global-talent-mobility-survey-2024-302100753.html</a></p> <p>SOURCE Cartus</p> </div> </body> </html> <!-- end embedded XHTML document -->

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