Archive

Overview of Domestic Employee Relocation Assistance

By Staff Report

Feb. 1, 2000

From the “Survey & Analysis of Employee RelocationPolicies & Costs,” © 1999 by Runzheimer International:

Assistance or Reimbursement Type

1993

1999

Shipment/Storage of Household Goods

98%

98%

Temporary Living

97

93

Househunting Trips

97

91

Homesale Costs

89

88

Moving Automobiles

85

87

Tax Assistance (Gross-Up)

75

83

Home Purchase Costs (New Location)

85

80

Return Trips to Former Location

66

69

Final Move

N/A

69

Third-party Fees/In-house Administrative Costs for Homesale

66

61

Carrying Costs, Loss-On Equity & Other Direct Costs of Homesale Program

57

57

Lump-Sum Payments

38

55

Duplicate Housing Costs

48

49

Orientation Trips Prior to Accepting Offer

32

44

Loss Protection

40

40

Payback Agreements

N/A

38

Spouse Re-employment

22

37

Equity/Advance/Loan

41

35

Cost-of-Living Allowance

39

34

Mortgage Interest Differential

43

27

School-Finding Assistance

N/A

23

Property Management (Rental of Former Home)

16

16

Child-Care Finding Assistance

N/A

15

Elder-Care Finding Assistance

N/A

14

Workforce, February 2000, Vol. 79, No. 2, p. 81.

Schedule, engage, and pay your staff in one system with Workforce.com.