Relocation Budgets Return

Good news for jobseekers in the “wrong” part of the country*: relocation is making a comeback.

In fact, 30 percent of companies say that they plan to pay to help more new hires move both domestically and internationally this year. That’s the highest percentage since 2005, reports Human Resource Executive Online.

Only 13 percent said they plan to relocate fewer employees, which is half as many as said they were cutting back in 2010, and far fewer than 2009, when 52 percent of companies said they were cutting back.

In 2009, companies couldn’t afford, in many cases, to pay people to relocate.

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