The cost of an average move can range from $1,200- to $2,000+ locally and more than $5,000 for a long-distance move. If you have been relocated because of your job, you should consider asking your company for relocation assistance to offset this sizable cost. Many companies are very willing to help you, but you want to make the ask carefully so that your request is fair and reasonable. Here are some tips for how to ask for relocation assistance:
Tips When Asking for Relocation Assistance
- Do your homework: Investigate whether your company has a history of helping to pay for employee’s relocation expenses. Relocation and training can cost a company a large amount of money for each employee so if they have offered you a new job, chances are good that they believe that you are worth the investment. You can ask to see your new company’s policy on relocation. If they have this in place, it will give you an overview on what to ask for and what to expect.
- Determine your needs: What is it really going to cost you to move and start your new job when your company needs you to. Do you have to break your lease, will you lose a deposit, does your spouse have to change jobs, and will you need temporary housing? These are a few of the questions to consider as you develop your request for relocation assistance.
- Be strategic with your request: Make sure to highlight what you will bring to this new job and work to tie your needs to their needs whenever possible. Make one single ask that covers what you need and includes information about how this could help you help the company. For example, perhaps you could start sooner if you were provided with funds to break your lease or help with putting your house on the market.
Making a case that it actually provides some value to your company to help with your relocation assistance can go a long way in helping you achieve your goal. Keep in mind that in most cases it actually costs more to move than you anticipate, so you are likely not going to ask for too much from your company. This support can come in several different ways including a lump sum, reimbursement, direct billing, or payment to a third party. If you make a reasonable request that is fair and focuses in part on what you bring to the company, you have the best chance of receiving the support you need. The worst that they can say is no, after all!
If you are relocating and looking for a reputable moving company, Capitol Moving & Storage can help. Call us at (860) 415-4400.