Transform your daily workflows and Save Relocation Policy

Aug 6th, 2022
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Simple instructions on how to Save Relocation Policy

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How to Save 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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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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How much are you given in a relocation package? The full costs and figures can vary depending on the individual and their package however, as an example, payments are typically between $2,000 and $100,000.
What is a Relocation Reimbursement? In the case of a relocation reimbursement, this package requires the employee to pay for all of their relocation expenses knowing that the employer will reimburse them a predetermined amount of money after the relocation is complete.
How much are you given in a relocation package? The full costs and figures can vary depending on the individual and their package however, as an example, payments are typically between $2,000 and $100,000.
A generous relocation package covers all moving expenses and will give employees ample time to find their new home. ARC Relocation can help with various factors associated with relocation. This includes finding movers to assist with your employees relocation, packing and unpacking services, and vehicle shipping.
An average relocation package in 2021 costs a company more than $24k if the employee is a renter. The average relocation package cost can be more than $97k when the employee is a homeowner. There are many reasons why a business owner should consider offering relocation packages for new and existing employees.
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.
While $5,000 upfront might seem like a generous amount, when you consider everything that goes into the cost of relocating, it may fall short and leave your employees frustrated and paying out of pocket.
Relocation packages can range in worth from $2,000 to $100,000. What services and the amount of money you decide to cover is entirely up to you and your company. However, keep in mind that the more you are willing to give, the harder it may be for a candidate to refuse your offer when you negotiate moving expenses!

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