A job relocation is still a risky proposition, even under the best conditions. What with more companies expanding and opening offices throughout the world, turning down a job relocation could wind up to be a major career determinant.
Practically every day, there’s another corporate takeover. Global merger activity topped $3.5 trillion in 2006, breaking the all-time record set in 2000, when close to $3.38 trillion in deals was consummated. The big numbers translate to a dramatic increase in corporate relocations.
According to a survey conducted by Atlas Surveys in 2006, companies expect relocation volumes and budgets to increase over the next few years. Corporate growth was cited as the top reason affecting relocations, followed by promotions, resignations and knowledge/skills transfers.
As the pace of globalization increases, more and more corporations are moving their workers around the world so that their skills can be put to good use. What do you say if your boss calls you into his or her office and asks if you you’d like to take a bigger job, which means more power, money, perks and responsibility? The only rub is the job is in another state--or country.
Such questions are asked every day, and careers ride on how they’re answered. A decade ago, if you turned down a move, it was the end of your career at that company.