Guam Relocation Expense Agreement

State:
Multi-State
Control #:
US-324EM
Format:
Word; 
Rich Text
Instant download

Description

This form sets forth the terms of a relocation agreement in which the company will reimburse the employee for certain relocation expenses.
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FAQ

The Department of Defense (DOD) workforce consists of military personnel, civilian employees, and contractors. A DOD civilian does not serve in the military but is instead appointed to the federal civil service.

Guam, a small island and U.S. territory in the Pacific, boasts a military population of roughly 12,000 military members and their families and falls into the Outside Continental United States (OCONUS) category.

A relocation agreement, sometimes referred to as an employee relocation agreement, is a legal contract executed by an employer and an employee in which the employer agrees to compensate an employee for relocating for business purposes.

Overseas Housing Allowance (OHA) The Overseas Housing Allowance Program is a reimbursement system that takes into consideration the amount Service members spend on rent, utilities and associated move-in costs. Rental allowances are computed using actual rent payments as reported through the local finance systems.

A Federal civilian employee of the Department of Defense directly hired and paid from appropriated or nonappropriated funds, under permanent or temporary appointment. Specifically excluded are contractors and foreign host nationals as well as third country civilians.

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.

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.

A: No, since Guam is not considered a foreign area, you will not be authorized the educational travel allowance while assigned to a position in Guam.

Ask your new employer's HR department if the company has a written relocation policy or if it offers standard benefits. Find out who at the company has recently moved, and ask about their relocation packages. Ask your friends or other contacts in similar firms about their experiences or their companies' policies.

What's Included in a Job Relocation Package?The Cost of a House-Finding Trip. The company may cover the costs of traveling to the new location to find a suitable home.Home Sales / Home Buying.Job Search Help.Transportation.Temporary Housing.Moving.Full Pack / Unpack.Storage Unit Rental.More items...?

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Guam Relocation Expense Agreement