Corporate Relocation: Your Step-by-Step Explanation

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Making a personal move to a new area can be a stressful event. This gets even worse when it’s a job requirement and can’t be avoided. Most people start a job and begin their corporate career in an entry-level capacity. As they move up in position, rank, and responsibility they become more valuable to a company. At this point, they may be told that they have to move to another location for the firm. This is called corporate relocation. It can be a bad event for some people and very exciting for others. Let’s take a look at what’s involved and why corporations do this.

Why make employees move?

This can be for a variety of reasons. One of them is because an area in the market is weak for that corporation and they may want to fix that. So they’ll send in their best to make improve a situation like this.

Other reasons can be that the company needs a really talented sales professional to start up a new sales team or fix a bad one. Whatever the reason is most employees go through some similar trials to make the move happen.

The negotiation and cost

The negotiation can be as short as an employee being told that they have to move, so pack up and get going. This would be the time to open up negotiations. An employee has every right to ask for certain conditions. Some of them can include a pay raise and others can be giving that company a list of areas that would suit the employee better.

This is a good time for the employee to make a case for their worth. It’s always best to keep certain options open. If a company doesn’t want to meet in the middle to make a move happen, then that employee has every right to look elsewhere for work.

Scouting out the area

So the company is open to negotiating and wants to take that employee to the area that they might be moving to. This is great. This gives the employee a chance to actually see where they will be living, commuting, and even where their kids will go to school.

This should be considered the next big step in the corporate relocation process. After this is done, The employee in question is much better equipped when making that big decision.

Will immigration be an issue?

A corporate move isn’t always in that employee’s home country. Let’s say that the employee has agreed to move, seen the area and now wants to get the ball rolling. Will they need some sort of work visa, how will the company help them get this? The company will most likely make some sort of arrangement for their employee to get a visa by some internal resource or the company will foot the bill for immigration. After this, it’s only a few more steps.

The final cost of the corporate move

When all things have been considered like immigration, bonuses, maybe a new rate, this is the last stage of the process. It’s the actual move. Most companies will assist the employee in moving as much as possible but there are a few things to keep in mind.

A company naturally wants to save as much money as possible. They will cut costs and this may not have a negative effect on the move. So it’s best to keep an open mind at this point and enjoy the new move and job. It can be a life-changer for the better.

 

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