Is your company transferring you? Perhaps you received a job offer in another city and you need to change your place of residence? Not to worry, you may be eligible for employer relocation packages. In some cases, you may be given a flat dollar amount to cover your expenses. In others, the company will pay for the full expense of moving. By doing this, the company will provide you and your family with financial and other types of assistance in order to relieve you of the burden of relocation. However, in order to maintain your peace of mind, it is advisable to learn something more about these packages.
Packing and unpacking services
Some things that employer relocation packages should include are packing and unpacking services. This means that your goods will be packed by the moving company, which will save you both time and nerves. Of course, if the movers are professionals, they will do this task properly and there will be no need for you to worry. Also, when you arrive at your new home, the moving company will also unpack your belongings for you. This will be of great help, especially if you have small children- you will be able to spend more time with them. The only thing you could do is to pack an essentials box. By doing this, you will know that everything you may need is within your hand’s reach.
Finding a new home
What employer relocation packages should contain is at least one company-paid house hunting trip. It should be of short duration and it should give you an opportunity to find a new home. Other things that this trip should include are transportation and hotel costs. In this way, you will get to know the neighborhood better and you will know which part of it you would like to live. So, if you are choosing to relocate to Oak Park area, for example, you will learn that it is a very positive environment. It is adjacent to the West Side of Chicago, which means that you can reach the city in no time.
Home selling and home buying should also be part of employer relocation packages
When you need to change your place of residence because of work, selling and buying a home should be part of employer relocation packages. Namely, the company should take care of selling your current home and buy you a new one. The costs of selling your home and purchasing a new one should include the following:
- closing costs,
- real estate commissions,
- other expenses that normally incur when you are buying or selling a house.
This is especially important if you are moving on short notice. You will not have much time to get a good price and find a suitable home.
Transportation to the final destination
Most employer relocation packages include reimbursement for transporting you and your family to your new home. In case you can travel by car, it is common for you to get reimbursement for mileage expenses. If it happens that you need to travel by plane, your company should take care of your vehicle. This means that the relocation package should include reimbursing the cost of moving it. By doing this, the company would like to make it easier for you to finish with the relocation. You will not have to worry about the expenses or whether you will arrive at your final destination on time. All you have to do is get familiar with the Miami moving guide if that’s where you are moving for example. Leave the rest to the professionals.
Finding a temporary home
In case you or your company is unable to find a suitable home for you, another solution is possible. This means that, in a case like this, you will get a rented home. Other solution would be for your company to pay for a hotel where you will be staying for the time being. Of course, your company will certainly make sure this lasts only for a short period of time. As soon as a nice home is found for you, you will move in. Another piece of information you should know is that this temporary housing should not last more than 30 days. It is needless to say that your company should be the one who will pay your living costs for that period of time.
Other costs that your company may cover
When it comes to employer relocation packages, you need to be aware of the fact that not all companies will offer the same package. This means that they all have some services that are the same (like those listed above), but there are some companies who offer more. Namely, if you have children, you can count on your company to cover childcare costs. Also, they can help you find a good school for them. In this way, you will not have to worry about whether your children will have a good education. In addition to this, some companies offer to help your spouse find a job in your new neighborhood. Plus, in case you need to move out of your home but you cannot move in immediately, the company can pay for storage costs for your household goods.
Of course, your employer relocation packages may or may not include some of these features. You should ask about it beforehand, so that you may know what you can expect when the relocation comes. One thing is certain: your company will do everything they can to make the whole moving process run smoothly. You and your family will be in your new home in no time. You will also be able to enjoy all the benefits the new home brings with it. Just put your trust in your company and there will be no need for you to worry.