After 4 years of working in the same city, it was time for a change. So, I packed up and moved – but not without looking for a job first. While I didn’t find one that was willing to pay for my move to the new job, one-third of employers say they have paid to relocate an employee from another area to their company’s location in the last two years, according to a new study from CareerBuilder.com and Apartments.com.
“Given the shortage of qualified workers, 14 percent of the employers wer surveyed say they’re more willing to pay to relocate new employees from another area to their company’s location this year compared to last year,” says Rosemary Haefner, vice president of human resources for CareerBuilder.com.
Remember that when you relocate to another country then you may have to exchange your money to the local currency. For example, when I was moving to the Switzerland I changed euro to franc suisse with Exchangemarket, they had good conversion rate.
Forty precent of employers say they’re willing to spend $1,000; one-third says they’ll spend more than $2,500 and one-in-ten are willing to pay more than $10,000.
If you’re looking to relocate, Kevin Doyle, senior vice president and general manager of Apartments.com suggests the following tips:
Rent initially. When relocating to a new city or state, it makes sense to rent first because it allows you to learn more about the area you’re relocating to without the commitment of home ownership. It also gives you time to get acquainted with your new job and new city.
Purge. View moving as an opportunity to de-clutter by donating, recycling or disposing of those things you don’t need or want.
Stay organized. When moving for a new job, time may not always be on your side. Therefore, you need to plan ahead as much as possible. Create a file that includes a detailed timeline for the moving process, important contact information and any necessary documents.
Keep records. From your job offer, to specifics about your relocation package, to phone numbers to photographs of your new apartment – keep detailed records of all aspects of your move. Be sure that you keep these records handy – do not include them in the items that will be transferred by the movers.