Potential employer is paying you to relocate, is it wise to ask for a contract?

Status
Not open for further replies.

SSSnail

Lifer
Nov 29, 2006
17,458
83
86
So they're paying you to move, should you ask for at least a contract for how long the position at the particular location should be for? Like 1-2 years? I thought that is pretty much standard right?
 

DAGTA

Diamond Member
Oct 9, 1999
8,172
1
0
Many employers do the opposite. If they are paying for the move, you sign a contract saying you will stay at least one year or reimburse the moving expenses.
 

Jeeebus

Diamond Member
Aug 29, 2006
9,181
901
126
How in the fuck are these two subjects related (unless it's the employer asking for a certain length of commitment - not vice versa)?
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Many employers do the opposite. If they are paying for the move, you sign a contract saying you will stay at least one year or reimburse the moving expenses.

Right. It's normally the other way around. Your employment contract says if you fail probation or really screw up you're fired AND you have to pay back the moving expenses. Same if you leave voluntarily, you gotta pay back any and all moving expenses.

Also don't forget about the big tax implications that go along with moving compensation.
 

SSSnail

Lifer
Nov 29, 2006
17,458
83
86
Well, reason I asked is because the last time an employer sent me somewhere, they drafted a contract that would guarantee the position at that location for at least a year with the option to extend.

Of course, if I screw up then I'd have to repay any compensations awarded in relation to the move. Yeah, tax was a killer, but luckily I was an expat so it evens out. :p
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,589
5
0
Well, reason I asked is because the last time an employer sent me somewhere, they drafted a contract that would guarantee the position at that location for at least a year with the option to extend.

Of course, if I screw up then I'd have to repay any compensations awarded in relation to the move. Yeah, tax was a killer, but luckily I was an expat so it evens out. :p

Were you already employed at the time by that employer?

All the times I have been relocated, the offer letter has indicated that expenses are to be paid back if I voluntarily leave the company within a year. Offers that have a signing bonus also have had the same verbage.

When relocating to a new office for an existing employer, nothing has been stated other than the companies usual relo policy.

Funds that are paid directly to another company are not taxable. Those that are paid to you are. IRS rules.
Some employers may cover the taxes on such - that is between you and them.
 
Status
Not open for further replies.