Typical relocation package information

Written by jeff fulton Google
  • Share
  • Tweet
  • Share
  • Pin
  • Email
Typical relocation package information
Relocation (moving house (blue version) image by dinostock from Fotolia.com)

Whether it is a job promotion or a company-requested reassignment, corporations typically pay for expenses associated with relocation if the new job is based in another city. While there is a wide range of packages, typically companies cover certain expenses.

Other People Are Reading

Expense Types

Companies generally cover expenses associated with current home sale (or lease) and new home purchase as well as the transfer of personal possessions. Rules and limits may apply for these expenses.


Typical limits may relate to how quickly a home sells, and how long the company will pay for temporary living expenses at the new location. As such, companies may require that the asking price be within a certain percentage of the appraised value, encouraging a quick sale.


Most relocation packages provide payment of mortgage closing expenses, a house-finding trip to the new location and relocation of an automobile. Most also include a monetary allowance to pay for incidental home improvement items, like draperies. There may be also exclusions, such as moving household lumber.


Not all packages within the same company are identical. Higher paid employees often receive a more generous package than lower compensated staff, such as child care or elderly care services for a family member.


In an effort to control costs, some companies are offering a "cafeteria-style" program, where employees may choose a number of benefit options up to a certain monetary limit. In addition, some companies may take total control of the home sale and compensate the employee for its fair market value.

Don't Miss

  • All types
  • Articles
  • Slideshows
  • Videos
  • Most relevant
  • Most popular
  • Most recent

No articles available

No slideshows available

No videos available

By using the eHow.co.uk site, you consent to the use of cookies. For more information, please see our Cookie policy.