If an employer is paying for your move, they will offer what is called a “relocation package” to assist you in your move. Services commonly offered in relocation packages can include:
- A packing service
- Transportation of your belongings from a professional moving company (and transit insurance)
- Assistance selling your current home and finding a new one (including pre-move house-hunting trips, in some cases)
- Temporary housing
- Vehicle shipping assistance or reimbursement
- International move coordination
Employees receive these relocation packages in a few different ways. The first is via lump sum—which means the employee will receive a pre-fixed amount of money to pay for all travel expenses. The second option is reimbursement, where the employee foots the bill initially, and then their employer pays them back once the move is completed.
Sometimes, an employer will partner with a professional mover to handle all their employee relocations. This method is also referred to as direct billing, meaning the moving company will bill your employer directly.
Keep in mind that some employers offer “tiered relocation packages,” or packages based on how long you’ve been with the company, and individual or family circumstances. These packages can have a combination of the services mentioned above.