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Agile Workforce Deployment: Mobilizing Talent at the Speed of Business
September 9, 2014
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Jennifer Connell, CRP, SGMS-T, Director, Americas Practice, Consulting
Eighth edition 220 participants across U.S. and Canada Ten industry peer groups New this year:
– Questions modified to reflect our clients challenges in being agile in today’s economy – Enhanced report
About Our Survey
2 Weichert Workforce Mobility
Volatility
Uncertainty
Complexity
Ambiguity
Today’s Environment
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One-third of companies expect their mobility volume to increase over the next year
Talent shortages driving need for more agile workforce
High-growth companies embrace mobility as a strategic talent management tool
Temporary domestic assignments on the rise
Key Findings
4 Weichert Workforce Mobility
Renters are eclipsing homeowners in some markets. Extended relocation timeframes continue to prove a
challenge to companies. Lump sum tops the list of flexible approaches. Companies that leverage their mobile workforce to
advance talent management initiatives will be poised for strong performance.
Home sale remains a critical component of workforce mobility programs.
Key Findings (continued)
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Importance of Mobility
Supporting our Employee Value Proposition and desire to be an employer of choice
Rapid deployment to respond to staffing/ talent gaps
Meeting specific business objectives/ goals
Retaining talent through career developing relocations/ assignments
Recruiting new talent
Indicate the importance your relocation policy plays in the following areas
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Factors Driving Need for Agility
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External
Internal
Talent Shortage Organizational Changes
Competition Talent Shortage
Economy Markets Expanding/Reductions
Increased Projects Employee Demographics
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Temporary Assignments
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Which of the following domestic temporary assignments do you utilize?
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71%
44%
22% 21% 18% 15%
Lump sums Multiple tiers Granting more exceptions
Core-flex programs
Menu-driven programs
Domestic temporary
assignments
Flexible Programs
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Lump Sums
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Core-Flex Approach
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In core/flex programs, who selects the flexible benefits?
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Cost Control – Caps and Maximums
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Cap only provisions (i.e. 30 days of temp living) Caps on certain line item benefits No cap on provisions Certain tiers have cost caps Caps by policy tier
39% 37% 12% 5% 7%
Home Sale
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How critical is home sale assistance in Facilitating mobility for the following groups?
Loss-On-Sale / Equity Loss
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Percentage of homeowners receiving a loss payment in 2013
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Exceptions
22% grant more exceptions to policy to support flexibility 83% of companies have a formal process for exceptions Most frequent areas of exceptions:
– Temporary Living – Extending the overall timeframe of the move – More return trips home – Equity Loss Assistance – Miscellaneous Allowance
33% cite “Subsequent requests for exceptions” as a major obstacle in administering temporary assignments.
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Questions?
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