Moving for a job – how to negotiate a relocation package?
Moving for a new job can be a hassle. Not only do you have to get accustomed to the new work environment, but you have to deal with the relocation. It truly is a big hassle, to say the least. But, every smart person knows that there is gold to be found in every pile of dirt. All you need to do is look hard enough. If you are moving due to work you can talk with your employer and see if the company can help you out. This can be done in many ways, and in order for you to get the best one we have come up with a comprehensive guide on how to negotiate a relocation package. That way you don’t have to figure out how to move to Hollywood on a tight budget.
What goes into a relocation package
A relocation package is a financial aid that the company will provide you with. Even though it is called a package, it is by no means a closed deal. Different companies have different relocation packages and they change them all the time. Therefore, you should be familiar with what goes into a standard relocation package so that you can negotiate yours better. Only by doing so can you plan your move properly and relocate to Cary with ease. There is no need for you to pay for top moving services on your own if you are moving due to changes in employment.
If you know how to negotiate a relocation package your move will be much cheaper.
Moving costs
First off, your employer should cover your moving costs. That means the expense of hiring reliable movers. Packing, loading, transporting and storage should all the included in a standard relocation package. Some companies have deals with local moving companies and they will even put you in contact with them. But, if that is not the case, you should find a reliable moving company like the Moving Kings NC. Hire only the top quality companies, as your moving expenses should be covered.
Transportation costs
Beside transporting your possessions, your relocation package should include your own, personal transportation. That means that any fuel you use, any food you eat and any motel you sleep in should be paid for by the employer. They should also pay for any on the road expenses such as plane tickets or a freeway toll. Most companies will only cover the transportation by one car, so you need to carefully plan the drive to your new place when moving with children. Just make sure to save your receipts as some companies will not pay directly, but will reimburse you once you arrive.
Your transportation costs should be covered by your employer.
Housing costs
Some employers even help out with housing cost. This is not that common, but you should be aware of it. What you do not ask for you will not get. Therefore, you should know that it is not out of line to ask for aid with housing costs. Your employer should be able to help you with down payments, deposits or starting rents.
How to negotiate a relocation package
Now that you know what goes into a relocation package, you need to know how to negotiate a relocation package. As we said, moving companies differ on what they feel they should pay. And not only do they differ between themselves, but they also differ based on how pushy or demanding their new employee is. Therefore, you should know how to negotiate a relocation package so that you can get the best possible one.
Knowing your enemy
In order to know how to negotiate a relocation package, you need to know who you are negotiating with. What we recommend that you keep in mind is that the moving company is not trying to do you any favors. They want you to feel happy that they helped you out, and they want to spend the least amount of money while doing so. The reason is that if you are not happy, you might tell other people. And someone who is a potential employee might reconsider working there based on your experience. A bad reputation can ruin a company, therefore many companies try their best to make people feel welcomed and accepted. Since moving companies are different, you need to know what your employer is like in order to negotiate properly.
What stance you should take
First, you need to know what is their stance regarding relocation packages. Some companies take great care in providing good relocation packages but are not going to simply offer them to you. Your best bet is to talk with someone who has negotiated with them before. They can tell you their experience and how you should position yourself. Most likely, they will advise you to go to the company representative and state your case loud and clear. Discuss your relocation package thoroughly, before you sign any contract. Also, try to have your idea of the relocation package finalized before you come in. Calculate the total cost of your move and be sure to pick the right movers to hire. That way they will be under pressure to agree on the spot.
Only by being assertive can you successfully negotiate your relocation package.
Red lights
While not every company offers relocation packages, you should stay away from the ones that refuse to give you any. Some might offer you a one time bonus to help you out or some other type of financial aid. That can be quite beneficial. But, if a company doesn’t offer you any help with relocation, stay away. There is a good reason why companies get bad reputations if they do not provide relocation packages. If a company is not willing to help out their employees relocate, you can be damn sure that they won’t help you out with anything else. That is a bad business practice as it shows that the company treats its workers as simple objects.