(Wall Street Journal) — With depressed home prices making workers reluctant to relocate, some employers are adjusting their hiring strategies. Some are opening offices closer to workers, or giving hires more money to cover home-sale losses. Others are letting people stay put and telecommute, or focusing more on local recruits, figuring the lousy job market should yield enough candidates. Just under 7% of managers and executives who found employment in the third quarter relocated, according to Chicago-based outplacement firm Challenger, Gray & Christmas Inc. That is the lowest percentage since the company began tracking the data in 1986, and is down from over 13% a year earlier.
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