High-growth organizations, which is defined as growing 10 percent or more annually, invested an average of $12,352 for every mobile employee while lower-growth companies, which grow 1 percent or less annually, invested an average $7,830 per mobile employee, revealing a correlation between higher investment in employee mobility and higher organizational growth, according to the 2011 Runzheimer International Total Employee Mobility Benchmark Report.
"Investments in the mobile work force can provide significant benefits to organizations as evidenced by our TEM survey this year," says Greg Harper, president of Runzheimer International. "To ensure a greater return on these costs, organizations must benchmark programs to identify improvements. Our annual report is an important way for companies to learn more about current mobile work force trends and compare their organizations to other companies, providing an important measurement baseline."
On average, respondents invested $9,630 on each mobile employee while mobility investments increased 4 percent from 2010's $9,280. Thirty-seven percent of respondents expect an increase in travel program spending in the next year, and 39 percent of respondents say they are planning on increasing relocation program spending in the next year.
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