Why is Benchmarking Your Relocation Policy Important?
Industry best practice shows that employers should benchmark their relocation policy every 12 to 18 months to ensure your company remains competitive with your industry peers. A thorough benchmark will also help you learn about how workforce mobility is changing in your specific industry to meet higher employee expectations for relocations.
Most employers understand their relocation program impacts several departments throughout their organization. As the competitive landscape changes in their industry as well as in the relocation industry, the importance of why employers should benchmark their relocation policy becomes increasingly clear.