WOODRIDGE, Ill.--(BUSINESS WIRE)--As the global economy continues to improve, so too do the expectations of global companies, with 61 percent expecting to transfer more employees in 2011 than in recent years, according to the just-released 2011 Global Relocation Trends Survey Report, published by Brookfield Global Relocation Services.

Reinforcing this anticipated growth, the 16^th annual survey found that 58 percent of company revenues were generated outside companies’ headquarters country for the second straight year, the highest ever recorded by the survey. Of significance, 57 percent of international assignees were relocated to or from the headquarters country, the second-lowest percentage in the history of the report.

However, the location of a company’s headquarters is a significant factor in that company’s optimism: Those headquartered in Europe, the Middle East and Asia (EMEA) were more optimistic than their counterparts with headquarters in North America. For example, 64 percent of EMEA-based companies expected to send more employees on assignment this year, versus 58 percent of companies based in North America.

“As more companies are increasing their presence in emerging markets, international assignments are a key aspect in the global economic recovery and we’re seeing a higher percentage of companies displaying optimism when it comes to increasing their international assignment population,” said Rick Schwartz, president of Brookfield Global Relocation Services. “Each year, the Global Relocation Trends Survey uncovers the top trends impacting corporations and their global mobility programs. Our 16 years of award-winning research allows us to compare, contrast and provide a baseline that’s unique to the industry.”

In all, 118 multinational firms participated in the worldwide survey; combined, these firms manage a worldwide employee population of 5.6 million. Brookfield Global Relocation Services will present key findings of its 2011 survey on Thursday, April 21, during a complimentary webinar that will provide a comparative analysis of the key global mobility issues facing businesses today. All webinar attendees will receive the full Global Relocation Trends Survey report. To register, go to:http://knowledge.brookfieldgrs.com/content/insights_ideas-grts

Since its inception the annual Global Relocation Trends Survey has been regarded as the definitive study of companies’ employee-relocation practices, policies and projections. As it does each year, the newly released survey paints a comprehensive picture of evolving trends and emerging issues facing companies of all sizes that rely on an internationally mobile workforce.

Scott T. Sullivan, executive vice president of Brookfield Global Relocation Services said, “While companies are increasingly selecting more experienced transferees, they are faced with the ongoing challenge of connecting the value of international assignments to the bottom line.”

So Who Are Today’s Transferees?

A number of transferee-specific trends were uncovered by this year’s survey, including:

• 12 percent of all employees had previous international assignee experience and just 8 percent of current international assignees were new hires (the lowest percentage in the history of this report for the second straight year).
• 18 percent of international assignees were women, compared to a historical average of 16 percent.
• 19 percent of transferees were 50 to 59 years old (the second-highest age bracket in the history of the report).
• 68 percent of international assignees were married and less than half (47 percent) had children accompanying them, an all-time low.

China is Where They Are Headed . . . and It Tops the List of Trouble Spots

Survey respondents weighed in on where they’re sending transferees and which countries are proving the most challenging from a cultural/lifestyle perspective for them:

• When asked to identify the countries that were emerging as new assignment locations, China ranked as the most common new destination, followed by Brazil, India and Singapore.

• In terms of assignment difficulties for international assignees, China ranked highest followed by India, Russia, and Brazil. This is a reflection of the assignee volume going into these locations. The competition for housing and schooling and other strains on infrastructure will undoubtedly create delays and difficulty to the relocation process and have a negative impact on the relocation experience.

Other Key Trends

This year’s survey also shed light on other key relocation trends, from companies’ preparation of employees for assignments, to the percentage of transferees who head out with the kids in tow. Among those key trends:

• Companies reported that the percentage of new hires for international assignments was just 8 percent, an all-time low. Meanwhile, only 9 percent of international assignees are 20 to 29 years old (tied for the lowest percentage in the history of this report).
• Only 47 percent of assignees had children accompanying them – the same all-time low as in the 2010 survey.
• Just 74 percent of companies provided cross-cultural preparation – the lowest percentage in the history of this report – While this benefit may be an easy one to cut to reduce costs, it is difficult to ensure the quality of web-based or self-service cross-cultural preparation that is usually offered as an alternative.
• In response to economic conditions, 75 percent of companies reduced assignment expenses; with the cost of a relocation serving as the most common assignment management challenge.
• Eighty-six percent of companies prepared cost estimates before initiating international assignments. Unfortunately, only 25 percent compared estimates with actual costs – the lowest percentage in the history of this report.
• As a consequence, although companies are increasingly focusing on cost reductions and efficiencies in their international relocation operations, amazingly, 92 percent of companies did not formally measure return on investment (ROI). When asked why, 50 percent of respondents indicated that the principal reason for not measuring ROI is that they do not know how to achieve it.

About the Global Relocation Trends Survey

The 2011 Global Relocation Trends Survey Report is the 16th report issued by Brookfield Global Relocation Services. Released annually, the reports are considered one of the most reliable and respected sources of global mobility data and trends information. The longevity of this survey enables the company to compare each year’s results with historical averages, which help gauge the relative importance of annual variations. For additional information and to receive the 2011 Global Relocation Trends Survey, register for the company’s complimentary 2011 key findings webinar at: http://knowledge.brookfieldgrs.com/content/insights_ideas-grts

About Brookfield Global Relocation Services

Brookfield Global Relocation Services is a full service provider of corporate and government relocation and assignment management services to more than 250 corporate and government clients. Brookfield Global Relocation Services manages over 50,000 relocations in more than 110 countries throughout the world, and funds over $3.6 billion dollars in relocation expenses annually. Brookfield Global Relocation Services is an operating company of Brookfield Residential Property Services, a leading global provider of real estate and relocation services, technology, and knowledge.

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