In the evolving landscape of global mobility, flexibility has become a cornerstone for successful employee relocation. Our recent International Mobility Benchmark Survey reveals a strong desire among companies for more customizable and adaptable mobility programs.
The survey found that 73% of participating companies are seeking greater flexibility in their international mobility policies to tailor benefits packages and support to individual employee needs. This trend is driven by the diverse requirements of a globally mobile workforce, where one-size-fits-all solutions are no longer sufficient. As the nature of work continues to evolve, the ability to provide personalized support is becoming increasingly important.
Companies are increasingly adopting the Core-Flex model, offering a blend of essential services with optional add-ons. This approach allows employees to select benefits that best suit their needs, enhancing satisfaction and engagement. According to the survey, 28% of participants utilize a Core-Flex model, particularly for international permanent transfers and long-term assignments, indicating a shift towards more customizable solutions. This model not only provides employees with the flexibility they desire but also helps employers manage costs more effectively by offering only the necessary services.
The need for policy modernization is also apparent, with 57% of respondents acknowledging that their current policies are outdated and require updates to better align with current trends and employee expectations. Modernized policies often include more flexible budgeting, family support, and technology integration. Additionally, 32% of companies have started to implement strategies to mitigate the environmental impact of their mobility programs, indicating an emerging broader trend toward sustainability.
Our survey findings underscore the importance of flexibility and customization in international mobility programs. By adopting a Core-Flex approach and modernizing policies, companies can better meet the varied needs of their employees. Benivo’s flexible relocation services support this trend by offering customizable packages and comprehensive support tailored to individual requirements. Our platform’s ability to integrate client-preferred vendors and streamline processes ensures that every relocation is as smooth and personalized as possible.
Contact Benivo’s Client Advisory team today to request a free consultation. Our experienced advisors stand ready to offer insights into effective strategies for optimizing the performance of your mobility program.