Relocation Compensation Forum

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Relocation Compensation

Post by Anonymous User » Fri Sep 18, 2015 11:00 am

Is this a thing? Whats the norm? Once you come on full time, or for summers also? Worth asking recruiters about this once weighing firms? Sorry for the ignorance.

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2014

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Re: Relocation Compensation

Post by 2014 » Fri Sep 18, 2015 11:06 am

Most NY firms pay for movers if you are coming from out of the city. Many pay for some portion of your brokers fee. Brokers fees for rentals are really only a NY thing so that is a NY specific benefit, but I think the moving expense is covered by some firms in other markets too but it's much more variable.

For summers they will pay for your checked bags and probably shipping boxes to yourself. I know of one firm that gave a friend ~$1000 as a summer for moving expenses but that was the exception not the norm.

eastcoast_iub

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Re: Relocation Compensation

Post by eastcoast_iub » Fri Sep 18, 2015 11:49 am

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Last edited by eastcoast_iub on Thu Jun 09, 2016 12:05 pm, edited 1 time in total.

ZyzzBrah

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Re: Relocation Compensation

Post by ZyzzBrah » Fri Sep 18, 2015 12:42 pm

DC here, I got 3,000 as a "transition bonus," which I assume was intended to help move etc as opposed to reimbursements. Ultimately, you could use the money however you wanted I think transition type bonuses like this are fairly common.

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Re: Relocation Compensation

Post by Anonymous User » Fri Sep 18, 2015 5:12 pm

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