What do you mean by relocation?

What do you mean by relocation?

/ˌriː.loʊˈkeɪ.ʃən/ the act of moving or moving something or someone from one place to another, or an example of this: We are likely to see the temporary relocation of some of our staff.

What does relocation mean in job?

What is Employee Relocation? Employee relocation occurs when a company chooses to move a new or existing employee from one location to another, and will often entice them with certain benefits to help make the move smoother and more affordable.

What is the reason for relocation?

Accepting that new job offer, seizing your dreams, or extending your family are all reasons to consider relocating. Whether it’s taking advantage of new opportunities, downsizing, empty nesting, or just adapting to the constantly-changing world, relocating is an amazing opportunity to get out of your comfort zone.

How does relocation for work work?

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 to the new location.

Does relocating mean moving?

The word relocate came into English in the 1800s from re, meaning “back, again,” and locate, meaning “to settle.” Relocate refers not only to moving to a new place but also to establishing yourself there.

What is another word for relocate?

What is another word for relocate?