What Can You Get Reimbursed for Your Relocation?
You finally got that great job offer and the company is paying to move you across the country, or at least more than 50 miles away. You’ll be leaving behind the people and lifestyle you've grown accustomed to. Employers know that moving is a big inconvenience and will often have some kind of relocation compensation package.
Here are some things that companies might include as relocation assistance. Of course the basics start with a moving truck, but you might be surprised by some of the other perks.
- Autos: Transfer of vehicles to your new location; there can be certain restrictions to the number of vehicles, etc.
- Childcare assistance: A list of day-care providers and possible reimbursement for special situations.
- Cultural training: For international moves, a class on what to expect in the new culture.
- Elder-care assistance: A list of nursing homes or care centers.
- Full pack: A van line packs all your household goods and transports them to your new home. Any special moving needs should be discussed beforehand.
- Full unpack: At your new home, the van line unloads all boxes and furniture where you wish.
- Home-finding trip: A visit to your future city (including airfare, hotel, rental car, and meals) so that you can find a home, schools, etc.
- Home buying services: Help with the payment of closing costs, mortgage points, buy down or other fees relating to a home purchase.
- Home sale services: Help with the payment of closing costs and commissions on the sale of your home.
- Lease break coverage: Covers the penalty charges for breaking a rental lease contract.
- Miscellaneous expenses: Out-of-pocket expenses like carpet cleaning, drapery installation, utility hook-ups, vehicle registration and other incidentals could be reimbursed. Make sure to find out whether you will get a lump sum payment or be reimbursed for certain expenses.
- Property management: Homeowners on international or short-term assignments will have a property management company take care of rental and upkeep of their home.
- Spousal job support: Employment assistance for an accompanying spouse or partner.
- Storage: For short overseas assignments or temporary housing situations, covers the cost of putting your household items in a storage facility.
- Temporary housing: Furnished housing is provided if your new home isn't immediately available.
- Transportation: Cost of getting you to your new destination by plane, train or automobile.
- Travel: Occasional return airfare home provided for short, unaccompanied assignments or when the family is not scheduled to move for a few months.