Increasing US interest rates are making domestic relocations more expensive. What can you do to address rising rates in your US domestic program?

Housing affordability and increased costs have long presented challenges for domestic relocation.

AIRINC recently moderated a session with US Domestic Relocation program leaders to share insights and solicit feedback on their program focuses for 2023.

One-way moves used to be just for permanent transfers, but global mobility is finding creative ways to apply this policy approach to save costs, support remote work, and give employees the flexibility they want. The third in this series is here!

One-way moves used to be just for permanent transfers, but global mobility is finding creative ways to apply this policy approach to save costs, support remote work, and give employees the flexibility they want

In the past several years, global mobility has evolved tremendously.

According to AIRINC's recent U.S. Domestic Relocation benchmark, 29% of companies provide a cost of living allowance (COLA) for moves within the United States.

Even with mortgage rate hikes, the U.S. housing market surge continues.

Mobility programs are seeking to partner with talent acquisition/recruiting to help deliver on talent needs.

Domestic relocation has long been in place to drive business operations, but companies are also recognizing that employees have different preferences for what type of support they want to receive and how involved they want to be in the relocation process.