Reply to Relocation package

Forum Index » Jobs and Careers

Reply to "Relocation package "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]depends on level.

We give college grads $5K to $10K
Mid level hires get $20K
Experienced mid level mgmt get package that includes house sale costs, 3 mo temporary housing, flights, title fees, 3 mo of per diem, tax true up, etc. package cost varies by person obviously but roughly $95K 
Executives get the same + guaranteed home buyout within 3 months of listing at predetermined FMV. Package cost usually $150K, primarily driven by higher real estate. 
[/quote]

This post is accurate in my experience.

New grad I got 5K

2.5 years later moved to a different company. I got 25K cash 3 months temp housing, professional car and house content relocation, house hunting trip, flights for my family while relocating (not just a one way... there were several flights back and fourth for both me and wife) Tax true up, closing costs on new house (didn't own a home at the time so no sales side package), there was a month worth of rental car and I think a week or two worth of per diem.

5 years later relocated within the same company..... package was not as good 25K cash.
2 years later relocated again within same company.... middle of the depression (2009)... package was 25K cash + threat to be fired unless I relocated w/o complaint about the relocation amount.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics