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Reply to "Typical Relocation Package?"
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[quote=Anonymous][quote=Anonymous]My package: 3 months temporary housing Flights for family Hotel during tansition Rental car for 8 weeks Storage for up to 1 year while we house hunted Relocation of 2 cars Relocation of all goods, fully insured, packed professionally (we actually couldn't pack it) All realtor fees, closing and legal fees on sale of home Up to 3% loan origination fees on new loan All closing, realtor and inspection costs on new home, all transfer and title costs Tax true up at end of year for any tax obligations incurred $20,000 for incidentals (or maybe it was 10, I forget) 90 day "fair market value" buyout clause on or home (this is really rare now) Professional relocation firm to handle details Tax prep package included at EOY I think that was it It was a good package [/quote] How senior were you at the time and what type of company was this (consulting, c-level mgmt, tech firm, PE-backed, public, etc.)? Thanks.[/quote]
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