Job Relocation: What You Might Expect

So your job asked you to Relocate AAtlas go new places It's a positive thing It's a daunting thing because your employer or your prospective employer values your contributions. Relocating for a job is identified as a top 10 major stressor in life. You're in luck! Corporations offer a lot of assistance and incentives to ease the burden of moving for your job. Here's what you might expect: Reimbursements Spousal Support Housing Related Assistance Reimbursements >50% Companies surveyed that cover the entire cost of your move. 96% Companies surveyed that pay at least part of your moving expenses Percent of companies surveyed and type of reimbursement offered: 51% 23% Fully reimbursed/cost covered by company Lump sum payment only (entire relo) Partially reimbursed by company Percent of companies surveyed and items companies reimburse/pay to relocate: 70% 39% 64% 40% 12% Pack all items Unpack all items Move an automobile Move a second automobile Move a boat 40% 31% 25% 24% 22% Move pets Move exercise equipment Move recreation and Have permanent or highly valuable objects extended storage of some possessions Move collections of lawn equipment like statuary, paintings, antiques Spousal Support 42% Companies surveyed that assist an employee's spouse/partner in finding a new job. Your company might just be able to help your spouse, easing the burden of a move on your entire family. Types of Employment Assistance offered for your Spouse/Partner (among companies that provide assistance): Provide networking assistance 47% Pay for outplacement/career services from an outside firm 41% Provide résumé preparation assistance 31% Find employment within company 17% Provide interviewing skills training 17% Find employment outside company 7% Other 9% Housing Related Assistance 1-2 For house hunting, the companies surveyed pay for 1 to 2 expense-paid trips for you and your spouse/partner. On average, companies give 4 expense- paid days off for house hunting. 65% Companies surveyed that offered employees additional incentives, some of which help with housing-related issues that might make it difficult to accept a position in a new location. Types of incentives offered by companies who offer such assistance included: Extended temporary housing benefits 72% Extended duplicate housing benefits 31% Loss-on-sale protection 29% Mortgage payoffs/loans (if property sale won't cover employee mortgage debt) 5% 47th Annual Atlas Corporate Relocation Survey Atlas Results 47 Sources: Atlas World Group's 47th Annual Survey of Corporate Relocation Policies atlasvanlines.com TM & © 2014 AWGI LLC