Great news! A new position has opened up in one of the office branches in a different state. Rather than going through a, tedious and time-consuming recruitment process, the right person for the job is already in the company. There is only one thing to be considered. Relocating them as they move from their present position to the new opportunity.
When employers expect their employees to move from one place to another, they need to cater for the cost of the move. This is because the individual and possibly their family, need to start life afresh. Depending on the position of the person within the company, it may be necessary to have a job relocation package negotiation. This will ensure that all the concerns and needs of the employee are well captured.
On the surface, it may appear that the key cost of relocation is logistical or around transportation. However, it is much more detailed than that. When looking at the expenses, it is important to broaden perspective and especially to identify hidden costs that may cause the employee discomfort.
Here is a snapshot of what is included in a relocation package.
There are several packages that one can choose from and they include the following: –
Moving is time consuming and can be expensive. The best way to manage it is to ensure that the process is controlled from the get-go. Using a third party or company to handle all logistics is a good idea and tracking through receipts and invoices will be much easier this way.
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