Employee relocation refers to the process of moving an employee from one location to another, often due to job requirements or company needs. This can involve moving to a different city, state, or even country. Companies may offer support to help employees with the transition, including assistance with moving expenses, housing arrangements, and settling into the new area.
Relocation can benefit both the employee and the company. For the employee, it may provide new career opportunities and personal growth. For the company, relocating employees can help fill critical positions and enhance team collaboration across different locations, ultimately contributing to overall success.