Montana Relocation Expense Agreement

State:
Multi-State
Control #:
US-324EM
Format:
Word; 
Rich Text
Instant download

Description

This form sets forth the terms of a relocation agreement in which the company will reimburse the employee for certain relocation expenses.
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FAQ

Growth Trends for Related Jobs A relocation occurs when you move to another city or state for a job and must leave behind your present life: your home, family, friends and your church.

Employee relocation occurs when a company chooses to move a new or existing employee from one location to another, and will often entice them with certain benefits to help make the move smoother and more affordable.

You cannot deduct house-hunting costs if you travel to the new location before you actually move. You can only deduct the cost of one trip as a moving expense. You can only deduct the cost of lodging at the old place for one day if you had to stay elsewhere because your furniture had been moved.

"Relocation offered" generally refers to an employer being willing to consider paying moving expenses and providing other considerations to enable a new hire to move there. It usually does not include things related to those not already eligible to work in the country in question.

How to write an employee relocation letterInform the employee.Determine the duration of the move.Discuss company coverage.Mention tax differences.Highlight potential bonuses.Reassure your employee.

Dear (Sir or Madam), I am writing this letter to request you a relocation from my position at (Your requirement) to a similar position at the (Job position) in (Branch/Department name). (Describe in your words). Due to some family issues, it is necessary for me to move in closer proximity to my family.

How to write a relocation cover letterExplain why you're relocating. Your relocation cover letter needs to highlight why you plan on moving.Prove you've done your research.Give the company a timeframe and interview details.State your ties and commitment to the new area.Appropriately present your contact details.30-Mar-2022

A relocation agreement, sometimes referred to as an employee relocation agreement, is a legal contract executed by an employer and an employee in which the employer agrees to compensate an employee for relocating for business purposes.

A typical relocation package usually covers the costs of moving and storing furnishings, household goods, assistance with selling an existing home, costs incurred with house-hunting, temporary housing, and all travel costs by the employee and family to the new location.

Ask directly or be upfront about your needs: If receiving relocation assistance is non-negotiable for you, it's best to be upfront about it. It doesn't hurt to ask what the policy is just hold off on asking for something specific until you have an offer.

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Montana Relocation Expense Agreement