Despite a tough job market, only 14% of laid-off employees relocated to take a new position this year. Right Management reviewed data on nearly 7,000 career transition candidates throughout North America who received outplacement services by the firm during the first eight months of 2012.
Growing popularity in working virtually and the fact that many companies are embracing flexible work models could attribute to why so few employees are relocating in today’s tight employment market.
In addition, there are good reasons why more job seekers don’t want to relocate. There are invariably conflicting pressures. On the one hand there are family issues, kids in school and perhaps an employed partner. On the other there’s the job offer itself, which may be attractive in terms of opportunity and compensation. But most job seekers are just reluctant to pick up and relocate, especially for mid-level managers and professionals.
Even though the weak job market has compelled individuals to look outside their own area or region for new employment, an individual may be unable to sell a home in a timely manner or at the fair price.
Individuals considering relocation should make sure their decision reflects their goals and values. Determine what’s most important in your life. Relocating may be a poor choice for some people, but for others it may be a wonderful adventure. Although if done for the wrong reasons relocation could be costly and disruptive, the opposite of what you were hoping to accomplish. Career coaches help individual weigh the choices.
As a rule, a job seeker will accept a new position that requires a move when the offer is generous or the opportunity compelling. There are always risks. Nevertheless,
relocation is a fact of life and a common aspect of the flexibility needed in today’s workforce and the choices individuals make.
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