HRO Today July/August 2015 - 32

Relocation
Measuring
Mobility
The value of global relocation
assignments can be a
complicated calculation.
By Audrey Roth
Relocation assignments are on the rise with 50 percent
of multinational companies expected to increase the
number of employees they transfer during the next two
years, according to the 2014 Trends in Global Relocation:
Global Mobility Policy and Practices survey from Cartus.
Companies are continuing to value the importance of
mobility programs, yet tracking both cost and return on
investment is still an obstacle that many organizations
have yet to overcome.
Relocation assignment costs can reach millions of dollars
in spend, yet only 62 percent of organizations track costs
during their relocation assignments fi nds Brookfi eld
Global Relocation Services's 2015 Global Mobility Trends
Survey. A company may intend to spend within their
budget, but without actually tracking costs during the
assignment, there will not be data on how money was
spent and how to reduce cost in the future. Without
data, organizations cannot make sure they are staying
within their budget, and they cannot even attempt an
ROI examination.
[32]
HRO TODAY MAGAZINE
| JULY/AUGUST 2015
" We track our relocation spend not only so we can
understand the overall cost to the company, but also to
help identify trends in the placement of talent, " says
Johnna Moran, global employee mobility manager of
human resources for Symantec Corporation, users of
Graebel Relocation. " Understanding these trends ensures
we are properly supporting our overarching business
strategy. Analyzing how relocation dollars are being
spent also enables us to identify possible shifts in how
our employees are utilizing their available funds, thereby
enabling us to proactively adjust our policies to better
address the needs of the relocating employee. "
Although tracking costs results in benefi ts, organizations
may become frustrated due to its diffi culty, especially
when working with a lack of resources. Attempting
to manage costs via spreadsheets or expense reports
based on assignment can be challenging to maintain.
" The organizations that do not track relocations costs
are typically either short staffed, without a robust
technology platform to facilitate the tracking, or they do

HRO Today July/August 2015

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