Shade light in the Relocation Policy effortlessly

Aug 6th, 2022
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How to Shade light in the Relocation Policy

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relocations are on the rise but how do they work and what's included that's what we're talking about in today's video stay tuned welcome back to the channel my name is Ben Preston author of harnessure butterflies and creator of the career accelerator program if you are new to the channel if you haven't done so already hit the Subscribe button below and if this video is helpful for you drop a thumbs up without further Ado let's get into the video a lot more people are taking jobs outside of their normal state or their city and moving somewhere else to just start fresh which got me thinking we need to talk about relocation packages what's included how much does stuff cost what are the benefits of you taking a relocation all of that we're talking about in today's video so let me jump over to my computer and we'll talk about the expenses okay when we're talking relocation expenses what specifically are we talking about this is the general list of what you should be thinking about the firs...

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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.
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.
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.
What Should be Included in a Relocation Policy? Household goods move. Transporting the employee. Transporting their family and/or any pets. Long or short term housing an employee could also require a short-term rental before getting their long-term home. Selling and purchasing fees. Personal support.

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