{ "media_type": "text", "post_content": "So. Tell me about your experience with relocation packages.", "post_id": "5a845160c6390500185d6e1c", "reply_count": 19, "vote_count": 4, "bowl_id": "5565cfca8b2b9a03009acf57", "bowl_name": "Advertising", "feed_type": "crowd" }

So. Tell me about your experience with relocation packages.

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5k + one month at a corporate apartment in NYC...but i have to be at that agency for a year and a half and i've been wanting to leave since week 1.

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Got 5K to switch coasts as a junior, but had to be reimbursed so it ended up being like 3.5K

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Try and get a cash lump sum.
I've done that and had the agency reimburse receipts.
Receipts were a pain cuz then it's on the agency to decide if what you bought is legit.
I moved from North America to Australia and had to fight for things like toasters cuz our plugs are different. And things like beds cuz it's cheaper and faster to buy new ones than ship old ones.
Also, check the contract. Sometimes they'll specify what the money can and can't be used for.

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3k to move from LA to Bay-area no strings attached.

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It was 10% of my salary but they decided how it was allocated and made all the decisions (movers, temp housing, storage, etc.) and I had to pay taxes in a lump sum on the housing well before tax time, which sucked. Getting everything in a cash payout to just buy new furniture would have been so much more helpful, I wish that been an option.

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Got 10k years ago to move from
SF to Texas and a moving liaison. Wouldn’t have moved without that coin

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$13k for Midwest to east coast move

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10 years ago I got $8K to move from Toronto to NY. The agency was privately owned. They also paid for and sponsored a visa.

That certainly isn’t the most generous package I have heard of but considering it was at the height of the recession I was surprised to get anything.

Good. I got 7.5 to use as I wished.

I have to work a year and a half at the company before it’s considered fully paid back though. Talk to them beforehand about this so you don’t get any surprises if you leave early.

Got 13k from LA to NYC but could only spend it on certain stuff

6K and one month corporate housing I needed to pay tax on at the end (kinda douchey).

That was from Europe to NYC. Do better than that I’d say.

Amount varies but keep in mind they also offer to pay for your flight (and airfare for family and pets) as well as have corporate housing available.

I had 10K and had to submit receipts, could only use it on IRS authorized expenses.

this gets interesting because moving expenses are no longer tax deductible, so I believe any package had to be reported as income.

Got 3k as a Junior from the south to Boston. And one year “contract”. Super helpful! Always negotiate, they can always offer a little more. Originally only offered 1k.

As a junior, got 2k from middle of East coast to NYC

It depends on the circumstances. For a senior leadership role I got what ended up being $20k net. The company organized and arranged everything including shipping my car, packers, movers and unpackers, lease breaking etc. It was an expensive move but they asked me versus me asking them. When I’ve relocated mid level staff it’s usually a stipend and I’ve done $5k to $7.5k. Sometimes companies have direct deals with relo companies and can do the payment as a direct pass through so you don’t have to pay out of pocket. It’s worth an ask.

Always $5k to cover all expenses

Thanks guys!

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