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Companies relocating fewer employees

Economic uncertainty and high relocation costs appear to have contributed to an overall decline in employee relocations, according to a recent survey conducted by Merrill Lynch Relocation Management Inc.

Major companies report a 9 percent decrease in transfer activity. Those employees who did relocate, however, received more benefits and reimbursements from their companies.

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The average company transferred 143 employees, of which 66 percent were homeowners and 5 percent were women. Further, while nearly half (47 percent) of the companies surveyed expected their transfer situation to remain about the same through 1980, 33 percent predicted a decrease. This is the biggest decrease expected since the survey was started eight years ago.

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