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So I've been offered two different relocation packages over the past few years. I eventually took one of them up and moved to the Bay Area (you'll be able to gu
by BinaryIdiot 10y ago
So I've been offered two different relocation packages over the past few years. I eventually took one of them up and moved to the Bay Area (you'll be able to guess which package I picked).
- Company A: $10k for relocation or cover the cost of a moving company to pack and move all of our stuff including our vehicles.
- Company B: $22k relocation "lump sum" (this varied depending on your circumstances; I was a home owner in another state so I got the max), company paid moving company to pack everything up and move it across the country including two vehicles, reimbursed airfare for flying out to house hunt and again for the final relocation airfare, paid for closing costs to sell our existing home, paid for company to help us buy or rent a home in the bay area. I also got a starting bonus but that wasn't technically part of relocation.
I know a lot of people who have relocated in the past. Everyone seemed to agree Company B offered probably one of the best and most thought the average for the area was a range with Company A at the low end and somewhere in the middle between Company A and Company B being at the high range.
Hope that's helpful!