Following are the key findings of this year’s survey from Cartus and a look at some of their new hot topic areas:
• Cost Control, Housing, and Compliance are the Top Three Challenges for Relocation Managers
Controlling relocation/assignment costs has topped the list of challenges for relocation managers for the past three years. This year, respondents cited as issues high cost of living, schooling, housing, and the need for continual exceptions in some locations. Housing and complying with laws and regulations round out the top three challenges, and have consistently been in the top three in recent years. In both traditional and emerging markets locations, lack of desirable housing and rental costs complicate the housing search. In the area of compliance, visa and immigration issues such as complex regulations, long processing periods, and changing regulations were cited as increasing challenges.
• Africa Named Most Challenging Region; India and China Take the Next Two Spots
Respondents this year named Africa the most challenging region for managing relocation programs. Safety and security was named the region’s biggest challenge, likely driven in part by concern over continued unrest in many areas. Moving into areas of limited infrastructure and transportation rounded out the top three challenges for the region. Last year’s most challenging region, Central and South America, slipped to fifth place. (Read more).