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The most common relocation repayment requires repayment in full if termination of employment is within 12 months after relocation or a prorated amount for up to 2 years. If a move is in process when employment ends, unused benefits typically cease immediately.
Most reasonable employers will give you 2 weeks to decide. Once you accept the offer, you might expect 4 weeks, or the length of 2 pay cycles, to make the move.
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.
If you signed a contract stating that you will repay the relocation sponsorship if you leave before the year is up, then most likely the company can, and probably will take you to court over it (if they dont it will be taken as a sign of weakness, and other employees may follow your example).
The most common relocation repayment requires repayment in full if termination of employment is within 12 months after relocation or a prorated amount for up to 2 years. If a move is in process when employment ends, unused benefits typically cease immediately.
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This can range anywhere from 25-50% depending on your state, municipality, and the allowance amount.
Stay up to date The most common relocation repayment requires repayment in full if termination of employment is within 12 months after relocation or a prorated amount for up to 2 years. If a move is in process when employment ends, unused benefits typically cease immediately.
Under a payback clause, a transferred employee agrees to reimburse the company all or part of the employers expenses for the transfer if the employee leaves the company within a specified time, typically within a year after the move.
Common elements of a relocation package may include the following: Home costs. These are the costs involved with selling a home or breaking a lease early. New residence assistance. Transportation. Storage. Expatriation. Research typical relocation packages. Assess your own needs. Emphasize mutual benefits.
If you signed a contract stating that you will repay the relocation sponsorship if you leave before the year is up, then most likely the company can, and probably will take you to court over it (if they dont it will be taken as a sign of weakness, and other employees may follow your example).

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