Quick Answer: How Do You Negotiate A Relocation Package?

How much should I ask for relocation package?

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!.

What should a relocation package include?

Here are 15 expenses that an employer may be willing to cover:Hiring professional movers. … Hiring professional packers. … Moving boxes and supplies. … Auto transportation services. … Moving container services. … Temporary or long-term storage rentals. … Closing costs and Realtor fees. … Lease break coverage.More items…•

How much should a lump sum relocation package be?

Flat Lump Sum This payment type offers a fixed rate — typically between $1,000 and $7,500 — for all employees, whether entry level or executive. Flat lump sums for all employees even out the playing field and demonstrate that moving costs the same, no matter the employee’s experience level.

How do I estimate moving expenses?

How to Estimate Moving Costs When Moving Short Distance(Hourly rate) X (Number of movers) X (Number of hours to complete the move) + (Travel fee) + (Charges for additional services and packing materials you have requested)Good to know: Most local moving companies have a minimum charge of 2-4 hours.More items…•

How do I ask for a relocation package?

Ask your new employer’s HR department if the company has a written relocation policy or if it offers standard benefits. Find out who at the company has recently moved, and ask about their relocation packages. Ask your friends or other contacts in similar firms about their experiences or their companies’ policies.

How do I ask for relocation assistance sample?

I am able to accept the job offer if the company will reimburse me for [00]% of these relocation expenses after being provided receipts. Please let me know, as soon as possible, if this acceptable or if you would like to discuss this further. I look forward to hearing back from you soon.

How long does a job give you to relocate?

4 weeksOnce they accept, companies offer their employees an average of 4 weeks to move and report to their new job. Once again, this time frame usually seems more generous from the employers perspective than that of the employee.

What is a generous relocation package?

A lump sum relocation package is an allowance that a company gives to an employee to help them relocate for a new job opportunity. Lump sum packages are designed to help employees get settled and back to work faster because they have more flexibility to move quickly into their new city and role.

Is it OK to ask for relocation assistance?

The good news is as long as you have an offer on the table, you have enough leverage to ask for a relocation assistance package from your employer or potential employer. Many companies want to help you, as long as what you’re asking for is fair, and you ask the right way.

What is a relocation grant?

Relocation Grant For Low-Income People As a means to help this category of people, the government usually creates programs to provide them with grants for their move. The aim of the programs is to aid low-income families through their move and do this by reducing their financial burdens.

What is an average relocation package?

There is a lot of research out there about the average cost of a relocation package, and a package can range anywhere from $2,000 to $100,000.

How much is Amazon relocation package?

Relocation Packages at Amazon. At Amazon, it’s often around $20K with some tax advantages. Relocation Package: Packages include travel expenses, moving costs, home rentals, car rentals, and other costs associated with moving. In addition to housing and moving services, a cash component may also be included.