Rude to ask for moving stipend?

Hello everyone,

I will be moving out of my city later this year to work at a fund. As you might know, moving has moving costs. The place I will be working at has not offered any sort of coverage for these expenses. Would it be rude for me to ask them to or ask if there is any sort of moving cost coverage? 

How should I go about this?

Thx

Comments (3)

  • Associate 2 in PE - Other
1mo 
2wo2imes

Hello everyone,

I will be moving out of my city later this year to work at a fund. As you might know, moving has moving costs. The place I will be working at has not offered any sort of coverage for these expenses. Would it be rude for me to ask them to or ask if there is any sort of moving cost coverage? 

How should I go about this?

Thx

I would just ask their HR team if they have a moving stipend or something along those lines. Looks like you are a new college grad so I'd be happy if they gave you like $3 - 5k but they might not offer moving stipends for that junior of a level.   You can move yourself cross country to the city for around $2k if moving with decent amount of furniture / things (using a pod drop).  

1mo 
MMPM, what's your opinion? Comment below:

Be smart about it. If you are moving into a $300k/yr position and your moving costs are $500-1000, why would you bother, you're going to look like an annoyance that is unsatisfied from the get go.

If moving expenses are significant particularly relative to expected comp, then it's not hugely unreasonable to ask.

  • 1
1mo 
HFPM, what's your opinion? Comment below:

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