What are typical relocation packages? A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee and family...
What typically comes in a relocation package? A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee...
How do you politely ask for relocation? 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...
Can I ask for relocation package? 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...
Is relocation allowance taxable in India? If the employer pays any relocation allowance, then it would be taxed as the salary income for the employee. By the same token, the school admission fee of kids, too, is treated as a monetary...
Can a company force you to pay back relocation? A Repayment Agreement is a legally enforceable contract stating that if the employee resigns or is terminated by the Company within a certain time frame following relocation, the employee agrees to repay...
How does relocation reimbursement work? A set amount of money is given directly to the employee to pay for moving and related expenses. For tax purposes, the government considers this as income and therefore taxable, so to offset tax liabilities, companies...
What is a standard relocation allowance? A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee and...
What is a relocation repayment agreement? What: A Relocation Repayment Agreement is a legal document signed at the beginning of a relocation that clearly defines pay-back terms should the employee leave the company. It covers voluntary leave or termination with cause...
What does a relocation package include? A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee and...
