Negotiating your moving package – do it like a pro
Hiring Moving Experts - September 29, 2019
So, they offered you the job of your dreams – congratulations! But there is one problem: you have to pack your house and move. But if a corporate move allows you to take advantage of the hot career opportunity and a higher salary, why not? Hmm, moving cost is for one! Moving costs can amount to tens of thousands of dollars, so it’s important to agree with the employer on the best moving package. Most companies offer corporate relocation packages to help make the move as smooth and painless as possible for their best talents. You should always try to get the most out of your negotiations. Therefore, we have some tips for negotiating your moving package.
The art of negotiating your moving package
Just because you got a job out of town doesn’t mean you’re on your own when it comes to moving to Texas. But if the moving package is not discussed with your proposal, then you yourself can start a conversation. We will give you some advice on how to do it the right way.
Ask for help
Since corporate relocation is on the rise, you just have to assume that your company has a nice big package that is already planned and ready to go to you after accepting your job offer, right? No. Do not think that your company will offer enough help with relocation – or any other, for that matter. As in your career, you must ask what you want. And this includes all the services and compensation that you will need for your move.
Be aware that moving can be very expensive. Whatever you think it will cost, probably it will cost more. Now is not the time to be shy to ask for help. In addition, you will never know what you can get until you ask. And while this is within reason, you will have a good chance to get it if you clearly explain your needs.
It is important to remember that ultimately you and your company want the same thing: to move you in such a way that you (and your family) are happy so that you can fully concentrate on your work without much hassle. Everything related to negotiating your moving package, regardless of whether you are moving on your own or with a spouse and two children, is to make this step as financially viable and stress-free as possible.
Know what to ask for
Before you begin negotiations, get an idea of what you need, including special assistance or services. A new graduate moving from a one-room apartment will probably not need the same as a homeowner with two children. Your employer will not know or suggest what services you need. So take the time to evaluate your situation and then suggest what services you think should be included in your package. This does not mean that you get it, but again, it never hurts to ask. You will also want to find out how much everything should cost so that you know how much in dollars to start negotiations. As a rule, everyone underestimates how much things they have, and therefore how much their move will cost. We recommend starting there.
How to negotiate your corporate relocation
Step 1: Think what matters most to you
The key to agreeing on a relocation package is to meet your most urgent needs. Think about what you want before limiting yourself to the necessary things. Some of the less obvious – but very important – needs you may have may include:
- look-and-see visit
- subsidy for the increased cost of living
- housing subsidy
- subsidy or help finding a good school for your children
- travel expenses if you are moving before your family
- storage costs if you cannot immediately move to your new home
Knowing what kind of help you need will help you prepare to agree on a moving package.
Step 2: Find out what your company usually offers
Knowing what a company usually offers is a good basis for preparing your move negotiations. You can find out what is typical by asking the personnel department of your new employer if they have a written policy for moving assistance.
Most companies offer assistance with:
- expenses of the best moving company Texas
- temporary living expenses
- assistance in selling your home
- help with finding a job for your spouse
- flights home if you move before your family
You can also contact other people in online forums that talk about similar companies. Remember, however, that the policies of each company will be different, as well as the circumstances of individuals.
Step 3: Mutually beneficial negotiations
Companies usually gladly negotiate relocation packages and are flexible with their most valuable talents. If you make offers that also benefit the company, your employer is more likely to agree with your offers. Let them know that you can get into work faster if you can quickly resolve important issues. If they do not want to set a precedent by providing additional help, you can recommend them to call it a “signing bonus”, and not a moving package with additional zeros.
Step 4: Make sure it is signed on the dotted line
Once your company agrees to the terms of your relocation negotiations, be sure to sign an international relocation compensation agreement that states the amounts and terms.
Types of relocation packages
Companies offer assistance in moving in different ways, namely:
- one-time payment – the company undertakes to pay you a certain amount of money, which you can use at your discretion.
- reimbursement of expenses – the company agrees to reimburse you for some of your transportation costs.
- direct bill – the company pays some of your expenses directly and coordinates the services of moving on your behalf.
- or third party relocation — the company outsources you to a relocation services broker who will coordinate your needs.
You can try negotiating your moving package with a company offer, but be firm and weigh the options carefully. Moving long distance is a big event in life, and you want to start a new life from the best point of view.