10 September 2010-
With the corporate mergers and acquisitions happening every now and then, many individuals find themselves shifting from one place to other given the corporate shiftings or office relocations. Though such relocating issues are most often supported by the companies through different corporate relocation packages. There are few basic pointers which one should consider and negotiate with the respective company for relocation. Few of them are listed below, check them out:
Policies
It is best to get to know about the company's relocation policy in detail beforehand. Ask everything on your mind regarding the relocation while taking up a job. If possible make the HR department provide you with a copy of the corporate relocation policies in written.
Compensation
At the time of relocation, the compensation and new place offered should be as per the standards of a person's work profile for example, a manager in New York City should be offered a different kind of apartment and compensation as compared to a clerk working in Podunk.
Analyze
Research about the various relocation packages offered by corporates in a particular industry. Learn the compensations, perks and deals offered to your peers in case of relocation, this would help you have a fair idea about a good deal and a bad deal.
The
corporates relocation payments are generally done in three different ways:
Lump-Sum Payment
A chunk of amount paid to cover the relocating expenses like moving fees, meals, mileage, hotel stays etc.
Receipt Backed Payment
Turn up with all the receipts related with the relocation and the entire amount would be paid by the concerned office.
Relocation Service Provided
Many corporates provide the complete
relocation service through a professional relocation service provider with all the expenses bored by the company.
