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As best-in-class companies prepare for the retiring baby boomers, many will try to develop existing employees to fill vacant positions from within. One of the tried and true methods for development remains rotational tracks. Part of this process requires a smooth transition as the employee jetsets around the US, potentially working on assignments or relocating 1-2 times per year. Best Practices, LLC conducted this research to identify the secrets to success for Domestic Mobility functions.
SAMPLE KEY FINDINGS
- Benchmarking research showed that the average administrative cost per domestic relocation was $513.
- The most common activities performed within the Domestic Mobility function include process management, vendor management, vendor selection and customer relationship management. Other activites include:
KEY TOPICS COVERED IN THE RESEARCH
This study was conducted through an online survey of selected International Mobility functions at Fortune 500 companies within ten different industries.
Financial Services; Banking; Computers; High Tech; Chemical; Defense; Pharmaceutical; Biotech; Health Care; Academic; Consumer Products; Aerospace; Automobile; Manufacturing; Multiple
American Express; Bank of America; EDS; ExxonMobil; Lockheed Martin; Pfizer; Proctor & Gamble; Boeing; Dow Chemical; Toyota