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Aug 6th, 2022
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How to Clean city in the Relocation Policy

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Brians aftercare today I want to talk about relocation packages so if youre someone who would consider relocation for the right position or if youre a recruiter and youre currently working on a position that offers relocation and you havent had much experience with relocation packages then the information Im about to provide to you should be very very valuable so what I want to do is break this up into two separate videos the first one today is going to be more about essential relocation facts that everyone should know and consider prior to even considering a relocation package and the second videos could be much more about the actual packages themselves and what to look for how do you know youve been offered a really good package and then are there any elements of the relocation package that are negotiable okay so want to jump right in and just you know over the past five years Ive probably relocated about 40 people and since August first when I started my own company Im now

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A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee and family to the new location.
An average relocation package costs between $21,327-$24,913 for a transferee who is a renter and $61,622-$79,429 for a transferee who is a homeowner. Of course, this number is just an average of what larger corporations are spending on employee relocation the relocation amount can be anywhere from $2,000 - $100,000.
What moving expenses are reimbursable? Expenses include but are not limited to packing, transporting, moving costs, airfare, fuel, breaking leases, disconnecting and reconnecting utilities, house hunting, vehicle wear and tear, and much more.
The term relocation policy or relocation package refers to both the specific financial benefits an employee receives to offset the cost of their move and the logistical assistance provided to them. These benefits are often broken down into specific categories.
A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee and family to the new location.
Major relocation expenses can include: Real estate expenses buying and selling a home. Moving household goods, automobiles and pets. Short-term housing and storage. Airfare, car rentals and miscellaneous travel.
At least one house-hunting trip is often paid for by a company for an employee who will be transferring in the near future. They can cover the cost of transportation, childcare, accommodations and food expenses.
Postal Service employees may be eligible to receive relocation benefits as a result of a transfer to a new duty station, as a new hire, or for a final move after retirement. The Postal Service outsources all relocation services to a relocation management firm (RMF).

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