Understanding what’s included in a relocation package
12 months ago Christopher 0
If you have already accepted or are considering taking a job that requires you to pick up and move, you may be eligible for a job relocation package to ease the costs involved. Even if a relocation package isn’t explicitly offered, you could be in with a chance of getting some expenses back from the company.
What is a job relocation package?
A job relocation package is no obligation on the part of an employer, but it is an incentive that may be offered to help with buying/selling a property, job searching for partners, transportation, temporary housing, packing and moving.
Before you take the job and agree to a package, it is wise to check which of the aforementioned are included so you can budget for any expenses. Be sure to confirm how the benefits are received as some may involve companies giving you a lump sum while others might require you to present all relevant receipts.
Negotiating a Job Relocation Package
Some companies regularly deal with employees relocating and are therefore set on the specifics they can offer, while others could be new to the idea and open to negotiation. The most important thing to do is ask as many questions as you can to gain an understanding of what is on offer after doing your research so that you can tell instantly if it is a good deal or not. You can’t be in any position to negotiate a better package if you have no idea of the costs involved. Note that some companies might rely on you to tell them the costs that you wish for them cover as a starting point for negotiations.
If you are unsure where to start your research, try consulting employee relocation services like those offered by DT Moving (http://www.dtmoving.com/relocation-services), who can help you to work out what help you could get for your move. If you have any doubts, you can also check your rights at https://www.gov.uk/employer-relocation-your-rights.
Furthermore, if you come to an agreement with a company, get the details sent to you in writing for your records. As with most legal contracts, it is wise to have any information detailed on paper so that you and the employer can be on the same page when it comes to expectations concerning the job relocation package.