Employee relocation and information Forms for Kings
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FAQ
An employee relocation letter is a document sent to an employee that requests their transition to a new physical company location. Companies often use these letters when their offices move, when employees are promoted or when companies want a current employee to move to a specific branch of their company.
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.
What is a relo? A relo is a home sale that is completed with the help of a relocation firm. These firms are hired by companies to help their transferred employees move. A relo firm might help the transferred employee hire movers and find a rental home.
A relo is a home sale that is completed with the help of a relocation firm. These firms are hired by companies to help their transferred employees move. A relo firm might help the transferred employee hire movers and find a rental home.
For employee relocating within the US, these services might include a combination of any of the following:Departure and Destination Counseling.Homesale Assistance.Marketing Assistance.Policy Development.Group Move Coordination.Closing Services.Area Tours and Househunting.Home Purchase Assistance.More items...
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.