If you're moving because of a job transfer, in particular if you've been asked to move to another city, another state or possibly to another country, remember that you're in a position to negotiate your relocation agreement. The following list are suggestions of what the company may be responsible for and what you could ask for should you be forced to move.
What to Negotiate into Your Relocation Agreement
- Cost of moving. This is the obvious negotiation point. Moving is expensive and time-consuming so your company should pay for, and in many cases, arrange for your household to be packed and moved. Expenses should include: mover fees (including packing and unpacking services), transportation costs of driving or flying to the new location, hotel costs, storage fees, food and specialty service costs such as moving appliances, a piano, car or boat. Make sure you make a list of the items you need to move in particular items that require special handling. The company should also pay for costs incurred by each family member.
- Temporary housing costs. If you need temporary housing, the company should pay the costs of the rental, including furniture and parking. If you need temporary housing, I highly recommend storing your household goods then renting a furnished apartment. For more information on temporary housing, check out the following articles:
- When to Use Rental Housing
- What to Look for in Short Term Rental Housing
- How to Find Short Term Rentals
- Costs of finding a new home. The company often provides at least one trip to the new location for you and your family. This allows you time to see the new area, check out neighborhoods, and possibly find a new school for your children. Costs often include transportation to the new location, hotel fees and food.
- Fees incurred for selling your home and the purchasing of a new home. Often if you're being asked to relocate by your company, you may need to do a short sale. If this is the case, make sure you note any costs incurred and any financial losses.
- Money losses from breaking of a lease. If you're currently renting, the company should be responsible for paying any fees incurred from the breaking of a lease. Check with the landlord or rental management company.
- Provision of a relocation agent. A relocation agent can help with special requirements such as finding a suitable school, nursing home and/or daycare. If you're moving family members with special needs, this service should be included in your agreement.
- Employment counseling for spouse. The company should provide services and support to a spouse or partner who is moving with you. Services may include employment or career counseling or help with relocation issues. Moving is hard, but often more difficult for the person who is accompanying the transferred employee.
- Other expenses. Other expenses that might be covered include registering your vehicle, school fees, service installations and/or hook-ups. Find out if the company pays a lump sum for extra costs or by item only.