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Did your dream job make an offer? It’s everything you want it to be – except it’s in another city, state, or even country altogether. Around 11% of all job seekers in 2018 relocated.
The next person to make the big move could be you!
Relocation for work is a serious business. In addition to the obvious advantages of the new position, there are social, professional and tax ramifications tied to relocating for a job. It can be exciting as well as stressful.
If you are making an international move or simply changing cities, moving for work opens up new opportunities to build networks, make new relationships and expand your experience.
Read on to learn more about the job relocation process and taxes.
You Have a Job Offer, But…
It is contingent on relocation for work. The company is even offering a generous $2,500 to help you move. Is this good? Is it enough? Where do you even start?
Or what if you are offered a position and the company isn’t offering a relocation package? Is it possible to counter offer and get the company to reimburse you for some of the expenses? Which ones?
We asked some of the leading HR professionals and a leading employee relocation company for their expert advice. It may surprise you, but there is no legal obligation for employers to reimburse or provide moving expenses for employees.
Relocation for Work – Things to Consider.
A typical executive relocation may include a dedicated employee or service to assist in all the details of a move. Entry-level employees might be offered a lump-sum or no package at all.
As you negotiate your move, consider asking for reimbursement of some of these costs. This list is not comprehensive but will give you a good place to … Read More
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