My company is relocating my position from the Bay Area to Chicago. If I'm unwilling to move, I get canned. However I do have some leverage in being on good terms with my current boss. What would constitute a fair relocation offer? The thing is my position is only an entry level business analyst position with me being in it for about a year. I'm not too happy to move, but I'm willing to. The thing is I have a apartment lease to break, stuff to ship, and housing to find. They're offering $6K. Would I be unreasonable to ask for more?
seems decent. Big companies with known to be good relo packages hiring for positions a couple of levels higher than you give out between 7.5 and 13k (based on my small sample size of what I know) for TX to west coast. I don't think it's unreasonable to ask for 7 or 8. I can't see how it'd hurt you unless you've been asking for a million things..
Our company provided us 10K for renters and 15K for homeowners when we moved from Downtown Houston to Chicago last year. Make sure you get something in writing or some sort of relocation packet. Also, some relocation agreements require you to stay at least X amount of time after you take the money. So beware because if you hated the job later on, you may be stuck or if you leave early you may have to pay back all or a portion of the amount. Also, make sure if you ask for said amount that you do indeed receive that amount. It makes a huge difference as our company grossed up the amount so after taxes we got 10K. Without, that 10K may have been 7K instead. (just an example) May I ask, what part of Chicago is the company moving to? We moved in the heart of downtown and there is a huge cost difference between the suburbs and downtown.
Choice of anyone women between 19 to 28 in his family tree, moving expenses, at least a increase in pay from 7 to 20 percent, and NBA league pass... If you have to take a women over 30 then so be it...
Our last employee that we had to relo got a package like this: -All moving expenses paid (had to use company relo movers). This included full house packing and moving, plus up to 6 months storage if needed. -Home selling assistance, which is sounds like you will not need (his house sold on the open market so he kept a "bonus", but my company makes a "fair market offer" if it isn't sold. -$7,500 for incidentals -All kinds of relo assistance for finding a new home and moving in -He was a new hire, so no cost of living adjustment
I just moved to Chicago (from Houston as well - I wonder if BleedsRocketRed and I work for the same company). They gave us a good lump sum of cash (how much depended on if you rented or owned). This cash was supposed to be for expenses related to the move like storage, travel to look for a new place, home repair in order to get your place into sellable condition, etc... but it wasn't accounted for so you could do whatever you wanted. Offered real-estate services to help sell your house. Offered a corporate apartment for up to two months Moved all our stuff. This included packing and unpacking (if we wanted). FYI, Chicago, so far, is awesome. I really enjoy it and it's probably as opposite a city as you can get from Houston (culture and weather wise). Of course, ask me again in January...
If you own a home, make sure the company offers real-estate services with the option to sell to the company if the sale does not work out.
The basics, yes. However, since this was a new-hire there was room for negotiation. There are also a bunch of HR formulas for the package that depend on the cities that you move to/from.
Hope you have a real estate agent ready. Took me a week to decide here in Chicago where to stay and even that was ridiculous. Suburbs is a lot cheaper but being close to work is great in downtown because the traffic here is pretty bad
That sounds low. I got 5x that and I only moved from Houston to Austin. I took the cash though and then had to arrange for my own movers/listing my house, etc. Since Austin isn't very far, I was able to move the stuff myself and keep a good chunk of the money. Keep in mind though that my position wasn't entry level, and this was for a new job offer....not a relocation of an existing job.
Not to hijack this thread, but of those who have relocated to Chicago from Houston already, anyone here work for UA?
