Firms spending to relocate workers

Posted: May 03, 2012

Forty-four percent of corporate executives surveyed by Atlas Van Lines believe the economy will improve in 2012, the moving company said Wednesday.

Of 360 executives completing the first-quarter survey, 26 percent said their firms plan to relocate more workers this year than last, while 86 percent of companies will spend as much or more on relocation in 2012 than in 2011.

After progressively declining over the past two years, 65 percent of firms are offering relocated employees full reimbursement, far more often than lump sum or partial reimbursement, the Atlas survey showed.

— Alan J. Heavens

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