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Last updated on 2024年7月10日

What are some creative ways to negotiate relocation benefits on a limited budget?

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Relocating for a new job can be an exciting opportunity, but also a stressful and costly process. If you are a global talent acquisition professional, you may have to deal with candidates who are hesitant to move to a different country or region, especially if they have to cover some of the expenses themselves. How can you negotiate relocation benefits that are attractive and fair, but also fit within your budget and policy? Here are some creative ways to offer relocation packages that can make a difference for your candidates and your organization.

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Momina Ramzan

Human Resources Business Partner | Senior Global Technical Recruiter | Talent Acquisition | Recruitment Consultant
Dr. Sanaz Mirchi

Human Resources Senior Consultant specializing in Talent Development and Resume Writing
Jacob Brathall

United States Air Force Logistics and Administrative Assistant veteran. During those years I was hand selected to work…

1 Customize the package

One size does not fit all when it comes to relocation benefits. Instead of offering a standard package to every candidate, try to customize it according to their needs and preferences. For example, some candidates may value more assistance with housing, while others may prioritize education or health care. You can use surveys, interviews, or online tools to assess what matters most to your candidates and tailor your package accordingly. This can help you optimize your budget and increase your candidates' satisfaction.

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Momina Ramzan

Human Resources Business Partner | Senior Global Technical Recruiter | Talent Acquisition | Recruitment Consultant
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If you have a tight budget, consider other options such as lump sum payments, flexible dates, help finding temporary housing, or using available resources in the area. Think about virtual onboarding as well as offering advice on low-cost moving options.

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Dr. Sanaz Mirchi

Human Resources Senior Consultant specializing in Talent Development and Resume Writing
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1-Assess your situation. Before you start negotiating, you need to assess your situation and goals. 2- Do your research. 3- Prepare your pitch. 4- Negotiate with confidence. 5- Follow up and finalize. 6- Here's what else to consider.

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Jacob Brathall

United States Air Force Logistics and Administrative Assistant veteran. During those years I was hand selected to work directly under the commander, won multiple awards, and passed a rigorous training to be a supervisor.
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Look for local, state, and national programs that help with moving. Some come with helping in renting, some come with buying/selling a home.

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Muhammad Abdur Rehman (Assoc. CIPD)

Strategy & OD l Succession Planning Maestro l Total Rewards aficionado | Global Talent Acquisition
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Exploring flexible relocation packages that prioritize essential needs, like temporary housing assistance or travel reimbursements, and considering non-monetary perks such as remote work options or professional development opportunities to maximize benefits within a constrained budget could be an effective way in negotiation.

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2 Offer flexibility and choice

Another way to negotiate relocation benefits is to offer flexibility and choice to your candidates. For example, you can give them a lump sum or a flexible spending account that they can use for different relocation expenses, such as travel, shipping, or visa fees. You can also let them choose between different options, such as renting or buying a home, taking a cash allowance or a tax deduction, or using a relocation service provider or a DIY approach. By giving your candidates more control and autonomy over their relocation, you can reduce your administrative burden and enhance their engagement.

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Tori Denise

Senior Talent Partner | Global Talent Intelligence | HR Expert | Podcast Host | Author | Speaker
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Sharing options to commute from their location to the office if it's within a certain mile range VS having them fully relocate. For example, they live 50-100 miles from the office, but the role is hybrid. So instead of them relocating permanently to the vicinity, allocate an annual budget for commuting once a week or every two weeks with working onsite 2 days and remote the other days. And offer a lump sum for them to pay for the travel/commute for those hybrid days. This saves time on the employee and financial burden on the employer. You can also try having alternatives in place like Airbnb stays, which might be more affordable than traditional short-term housing for a month until the employee has found suitable housing.

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3 Leverage local resources and networks

A third way to negotiate relocation benefits is to leverage local resources and networks that can help your candidates settle in their new location. For example, you can partner with local organizations, such as chambers of commerce, cultural associations, or social clubs, that can provide information, support, and networking opportunities to your candidates. You can also connect them with mentors, coaches, or peers who can offer guidance, feedback, and advice on their career and personal development. By tapping into local resources and networks, you can enrich your candidates' experience and foster their integration.

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4 Highlight the intangible benefits

A fourth way to negotiate relocation benefits is to highlight the intangible benefits that come with moving to a new location. For example, you can emphasize the professional and personal growth opportunities, such as learning new skills, expanding your network, or exploring a different culture. You can also showcase the positive aspects of the destination, such as the quality of life, the climate, or the attractions. By focusing on the intangible benefits, you can appeal to your candidates' emotions and motivations and make them more willing to relocate.

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5 Review and adjust the package

A fifth way to negotiate relocation benefits is to review and adjust the package as needed. Relocation is not a one-time event, but an ongoing process that may require changes and adaptations along the way. For example, you may need to update the package based on the market conditions, the tax regulations, or the feedback from your candidates. You may also need to provide additional support or incentives to your candidates during or after their relocation, such as performance bonuses, career development plans, or retention agreements. By reviewing and adjusting the package, you can ensure that it remains relevant and competitive.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What are some creative ways to negotiate relocation benefits on a limited budget?

1

2

3

4

5

6

1 Customize the package

2 Offer flexibility and choice

3 Leverage local resources and networks

4 Highlight the intangible benefits

5 Review and adjust the package

6 Here’s what else to consider

Global Talent Acquisition

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What are some creative ways to negotiate relocation benefits on a limited budget?

1

2

3

4

5

6

1 Customize the package

2 Offer flexibility and choice

3 Leverage local resources and networks

4 Highlight the intangible benefits

5 Review and adjust the package

6 Here’s what else to consider

Global Talent Acquisition

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