1. RELOCATION COSTS REVEALED:

2. If the local talent pool isn’t
yielding results, you’ll be
faced with relocation
assistance questions from
regional and national
candidates.

3. Shipping a household: $13,000 avg.
Relocate a homeowner: $71,800 avg.
Company’s with no formal plan
typically cap allowance
between $10,000 and $60,000

4. Candidate Expense Estimate
Move of household goods/autos $10,000 - $30,000
House hunting trip(s) $2,000 - $8,000
Temporary housing $6,000 - $10,000
(length of time negotiable)
Family transportation (flight/hotel) for
actual move
$1,000 - $3,000

5. Candidate Expense Estimate
Employee trips home during transition $1,000 - $3,000
Storage $5,000 - $15,000
Commissions/closing costs for buy and
sell of home
Varies widely based on home value.
Example: $300K x 6%= $18,000
Gross up for taxes if lump sum $10,000 - $20,000
Miscellaneous expenses (utility
hookups, professional cleaning,
document updates, etc.)
$1,000 - $5,000

6. • Pay the relocation company directly
• Lump sum or bonus payments = taxed as income
• Expense Reimbursement to employee
**Employee should always

7. • Typically used by organizations
• Clauses protect the company if the new employee
leaves within a certain time frame

8. It is important to prepare for relocation costs, as
it will likely become a topic for compensation
package negotiations and will certainly impact
your budget.
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