relocation allowance

Job transfer payment

A relocation allowance is money an employer provides to help cover the costs of moving for a job.

It may pay for movers, temporary housing, travel expenses, or other costs associated with changing locations: The position comes with a generous relocation allowance.

Also called a relocation package or moving allowance.

Opposites
movement direction

relocation allowanceretention bonus

Payment to keep employees

golden handcuffs · loyalty bonus · severance pay · severance package · exit package

compensation type

relocation allowancebase salary

Guaranteed regular compensation

annual salary · hourly pay · salary increase · cost-of-living adjustment · merit raise

Family

relocation, allowance, relocate, relocated, relocating, relocations, locate, located, locating

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G