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A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee and family to the new location.
Employee transfer agreements allow a company to transfer its employees to another company while keeping the original employment relationship intact. Because an employee transfer agreement involves two parties, the legal details can get complicated.
That's a common question: Can you force or require an employee to relocate? The answer is almost always no. It can't be required. Occasionally you'll havean employee who is hired with the understanding that he or she will be moved around the country as part of training or the business practice.
Reasons for deciding to relocate with your employerYour employer doesn't have to offer you any compensation for relocating, unless it's included in your contract of employment. They may offer you financial help and this could include help with legal fees, excess fares, moving expenses and temporary accommodation.
So it's not uncommon for a relocation agreement to include a payback clause, which specifies that if you leave the job within, say, 90 days, or any agreed-upon period of time, you are required to reimburse them for the costs they've accrued getting you to town and onboarded in your new position.
An average relocation package costs between $21,327-$24,913 for a transferee who is a renter and $61,622-$79,429 for a transferee who is a homeowner. Of course, this number is just an average of what larger corporations are spending on employee relocation the relocation amount can be anywhere from $2,000 - $100,000.
No. Your employer can't make you to move to a new office if it increases your commute time by a substantial amount, or forces you to uproot yourself or your family. Much like a cut in pay or change in work duties, relocation is a change to the terms of employment agreed upon by you and the company.
When employees have to move It means that employers can normally force their employees to move to places allowed by the clause, unless this is completely unreasonable. It would be unreasonable to ask an employee to move to another country with only 1 day's notice.
Ask directly or be upfront about your needs: If receiving relocation assistance is non-negotiable for you, it's best to be upfront about it. It doesn't hurt to ask what the policy is just hold off on asking for something specific until you have an offer.
According to Glenn Scalise, president of AB Personnel Services, an HR services company, There is no amount of time they have to give you, but they normally give you between 2 to 4 weeks. It all depends on how badly they want you to take the job and how soon they want you there. It's whatever you negotiate.