If you’ve ever relocated before, then you know just how much of a hassle the moving process can be. From the monetary costs that come with renting U-Hauls and paying movers to the hours upon hours spent attempting to fit everything you’ve ever owned into as few boxes as possible, it’s really no surprise that moving has .
So what motivates people to endure all the hassle that comes with moving? And what exactly does it take for a person to relocate?
Well, according to a on the subject, the greatest motivator for moving isn’t family, romantic partnerships, or even the opportunity to live in your dream city. More than anything else, people are willing to move for jobs– but not just any job. Most people need job security and some sort of incentivization before they’re willing to uproot their life and take a job in a new city.
Here’s what it takes for Americans to relocate for work.
Would you move to a new city without first securing a job? No? Well, you’re in good company. About 70% of Americans say they would never move to a new city without lining up a job first– and this number doesn’t change regionally. Whether you’re from the Midwest, Northeast, South, or West, you probably wouldn’t move without first accepting a job offer.
Generationally speaking, this number mostly stays the same, with about 70% of Gen Xers and Millennials saying they wouldn’t move without first having a job lined up. As for Baby Boomers, they’re even more reluctant, 10% to be exact, to relocate before securing a job.
Pay Raises or Promotions
In addition to job security, raises and promotions can also be powerful motivators when it comes to relocating. This trend, however, is a bit less consistent across generations. When asked whether they’d consider relocating for a job that doesn’t offer a raise or promotion, just over 60% of Baby Boomers said no, which is likely due to the fact that they’re . But this number is significantly lower among younger generations, with 50% of Gen Xers and 60% of millennials saying they would be willing to relocate for a job that doesn’t entail a pay raise or promotion.
If you can’t imagine moving without a pay raise, have you ever thought about how much of raise would make relocating worth your while? Would a 10% raise be sufficient? What about 15% or 20%? If you’re like 25% of Americans, you’d want at least a 20% raise to move. But if that still doesn’t sound like enough, you might be a Gen Xer. The majority of respondents in this generation say they’d need a 20% to 50% raise in order to relocate for a job. Or, maybe you feel that no amount of money is worth uprooting your current life. If you’re in this camp, you might be a Baby Boomer, as nearly 30% of this population say the wouldn’t be willing to relocate, no matter how high the raise. And, if you’re nearing retirement age, who can blame you? that retirees are happier when the don’t relocate.
Now that you know why other people move, it might be time to think about what it would take for you to do the same. Would you move for a significant other? Or to be closer to family? Or for a job? And if you were to move for a job, how much of a raise would you require?
These are the kinds of questions you should ask yourself now so that when an opportunity to move presents itself, you’ll be ready.