Relocation Assistance
Is it common for a large firm to offer zero relocation assistance if your moving from out of state? I was taken off guard when they said they usually offer no assistance at all. Any experience with this would be much appreciated. I will still take the job because I think the opportunity is great, I just don’t know if I should push on HR or not.
sweeper, Your question is a function of the position you are re-locating to take. If the company wants you bad enough, they will pay for your re-location. Back in 1998, I took a job offer in KCMO while I was in school in NC. They paid for all of my moving expenses, paid for one of my vehicles to be moved to KC, paid for my bride and me to fly out to the area for a week to try to find a place to live before I started the job, and provided a rental car for us until our second vehicle arrived.
That was 20 years ago when the engineering job market was white-hot, but again, if a company wants you, that is something that should not be an issue to get negotiated into your contract. Out of curiosity, what type of position is it that you are considering moving to take? If it is a position w/a salary of $40 - 60k/year, it may not make sense for a company to shell out 5 - 10k to get your where you need to be. If you're taking a position where your position is in high demand, you should be able to pick and choose where you want to go and how you want to get there.
The job market is smoking right now. I literally just hired a 30-year engineer yesterday and I had to give this guy more in concessions to bring him on board than any other individual I've ever hired. I needed his services, he was well-qualified, and in the grand scheme of things, I'd have spent more money continuing to try to find the right person. Point is, if you have something to bring to the table, you should be able to negotiate whatever you need. Businesses don't usually just give stuff away, but they also know when to invest in the right person.
Best wishes.
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DM 100: I’m going to work for a sales team for one of the largest AM firms. It’s not a senior level role; however, not entry level so above the range you outlined. I know once I’m in there I’ll be taken care of so I don’t want to shake trees before I step through the door. However, the expenses are adding up to a lot more than I thought they would be. It’s painful haha.
I'll share my experience with you because it might help you. I recently signed on with a F50 firm and also relocated. I had an excellent HR person helping me. She told me that "relocation" has a completely different meaning with them in the sense that they only offer that to X-officer level and above and they use a third-party for it an it's usually only for actual expenses that are billed direction from the third-party back to the firm. In other words, it's a very formal process. But if you ask for a signing bonus, then it's a whole different ballgame where they approve that in a different way and its much more easy to get. I assume this applies to most situations since a third-party would, of course, charge a premium back to the firm.
So, have you considered asking the company not for relocation, but for a signing bonus? If you have one already, can you ask them to expand it in order to help with expenses? I think that's a more reasonable ask than formal relocation.
You're lucky you beat out the local candidates as you are out of state. Typically the job posting when you interview will state "no relocation assistance provided."
But, as others have stated, there may be a signing bonus and if there is not, you may be able to negotiate that. I definitely received one in my first job after college which was out of state, but it was the standard sign on bonus that they gave to everyone.
Thanks for the input. Problem is I have already signed the offer letter. I didn’t anticipate the cost to move would be so large. I’m going to try and speak with the firm this week and propose either some sort of relocation assistance in the form of whatever vernacular they want to call it (i.e. sign on bonus, stipend, whatever).
Why is the cost to move so large? Just throw everything in a U-Haul. I've done that many times. Get movers when you get there if needed for an extra $200-$300 bucks or so.
It’s not moving our belongings that is the most expensive cost we’d be incurring. It’s the cost to break our lease early that is truly going to be a burden.
Is subletting not allowed?
Unfortunately it is not an option for us
This is very confusing to me. You knew you were breaking a lease, couldn't get out of it, can't sublet, didn't negotiate compensation, didn't push back the start date to after your lease, but signed the offer and now don't know what to do?
You're going to lose $10K or $20K or whatever the remaining payments are on your lease. Also, you're married (you use the word 'our') and this didn't come up in conversation? How is this possible?
And youre in sales ... so this should be your specialty.
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