Relocation Expenses Employers Will Typically Cover

business-relocationIf you are one of the many professionals are considering job offers that would require relocation to another state in order to accept a position, don’t forget to negotiate to have the corporation recruiting you cover the often considerable costs that you could incur in making a quick move.

The costs associated with hiring a professional moving company to handle packing and shipping of your personal and household belongings is one of the more common expenses absorbed by an employer when a new employee has accepted a position that requires them to relocate.

In addition, many corporations have programs in place to cover the various costs involved in cancelling rental contracts and in selling and buying a new home for a new employee who is relocating. These might include:

  • Home Sales Assistance
  • Down Payment Assistance
  • Compensation for Selling at a Loss
  • Guaranteed Buy-Out Programs
  • Realtor and Closing Cost Assistance
  • Temporary Housing
  • Lease Cancellation Fees

Moreover, many recruiting employers will offer compensation for expenses you incur to look for new housing local to your new job, and almost all of them will cover the cost of your final travel expenses to reach your new home.

However, typically, most employment advisors will tell you that you should not assume that expenses like those listed above will be covered. Doing so could leave you stuck with the bill. Instead, be sure you have a clear agreement that is part of your employment agreement.

Here at Warners Moving & Storage, we recommend getting a no-obligation moving quote before you begin negotiating your relocation with a prospective employer. We are experienced and equipped to handle your packing, shipping and relocation when you are ready. Why not contact us to learn about your moving options and/or to schedule your move?

 

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