3 ms·
I'm walking the tightrope of surviving a work environment I despise right now. The crux of the game I'm currently locked in is I naively accepted a relocation p
by benched 13y ago
I'm walking the tightrope of surviving a work environment I despise right now. The crux of the game I'm currently locked in is I naively accepted a relocation package, provided in true corporate style by several layers of delightfully asinine outsourced middleman companies. If I leave before a certain date, I'm on the hook for the inflated dollar amount of all that "service", even though I could have moved myself for a tiny fraction of that value. Movers and shakers of the world, keep on making up games for everybody else to play, so we never get bored.
- pyskool 13y agoI had the exact same problem. That relocation package doesn't look so hot now, does it? I now follow a few rules before accepting a package like this: 1. It must be pro-rata- That means that the amount you need to pay back must go down with time. So if you leave after 1 year of a 2 year notice period, you must only pay back 50%. 2. Like you discovered, the company can overpay for services and stick you with the bill. So always insist on paying for relocation yourself, and get money back via a expenses form. You will be short of cash in the short term, but it will save you pain in the long term. 3. If possible, try to negotiate a "hiring bonus." This may not be possible unless you are famous (or needed for a critical project), but if you can get the company to give you some extra cash, you can pay for relocation yourself. This is the best option, as you owe the company nothing.
- x0x0 13y agocaveat: hiring bonus is taxeable, so you can't expect to net 60-65 percent; reimbursed relocation expenses aren't per my understanding so the company has to boost the hiring bonus by 2/3 to get you to where you would be otherwise