Ccentric Group recently conducted the 2016 Executive Mobility Survey of global executives on issues related to career mobility in conjunction with Witt/Kieffer Ccentric and Witt/Kieffer. This is a follow up to a similar survey conducted in 2012.
We received responses from more than 500 executives about the reasons they relocated for a career opportunity, as well as why they would relocate in the future. Attached below are the preliminary results of the survey in our “10 takeaways” document. The full survey results will be available on the website shortly.
The 2012 Mobility Survey is still available here.
Key Takeaways from the research:
- Of the hundreds of leaders who took the survey and had previously lived abroad, every single one said that it was a positive experience.
- 78% of this year’s respondents said they would relocate abroad if given the opportunity, but this is down from 84.5% in 2012.
- Only 35% of the women surveyed in 2016 had relocated, compared with 47% of men; 83% of men feel they would like to relocate compared to 73% of women.
- When executives are looking to relocate, job factors they consider first are “Professional Development,” followed by “Challenging Role” and “Making a Difference.” “Remuneration” was a distant fourth.
- The number one reason that executives who had relocated in the past chose to do so was for “Career Opportunities,” followed by “Quality of Life” and “People and Culture.” Factors such as “Education and Health” and “Cost of Living” were well behind.
- When asked about concerns they had before relocating, executives who have worked abroad cited “Family Considerations” above all else (67%), with “Being Away from Home Country” (38%) and “Cultural Differences” (29%) next. Factors such as “Social/Political Instability” (9%) and “Threat of Unrest or Terrorism” (8%) lagged behind.
- For those who had never relocated, desirable career destinations were as follows: UK and Europe (82%), Australia and New Zealand (57%), North America (51%), Asia (42%), Africa and Middle East (19%) and South America (14%)
- “Cultural Differences” ranked as a greater concern in Education (39%) than in Healthcare (23%) and Life Sciences (23%)
- For those who had relocated, the length of stay was as follws: Less than a year (7%), 1-2 years (18%), 3-5 years (30%), 6-10 years (19%) and More than 10 years (26%)
- Just shy of half (47%) of those executives who moved away moved directly back home again after completing their assignments abroad.