3 ms·

> relocation assistance I'm curious how they are going to convince/compensate someone who currently has a 2.75% interest rate on a 400k home to move closer to

• some_furry 3y ago
  Flat dollar amount, one-time payment. I've been told $7k for L4/L5 SDEs. It's either that or "voluntary" resignation.
  • cableshaft 3y ago
    $7k ain't shit for relocation. I once had a recruiter for Disney ask me to move to Seattle (without offering anything for relocation). I was single and lived in a one bedroom apartment in the Midwest and I calculated the rough cost of my relocation (still just renting) at being at least $8k (moving van, gas, early termination of my apartment lease, initial rent + security deposit at the new place, probably a few other expenses I don't remember currently). This was 12 years ago. This site[1] claims the following approximate costs for relocation: Current employee that owns a home: $97,166 Current employee that rents: $24,216 New hire that owns a home: $72,627 New hire that rents: $19,309 [1]: https://arcrelocation.com/employee-relocation/ https://arcrelocation.com/employee-relocation/