relocation bonus

Job transfer payout

A relocation bonus is money paid by an employer to help cover the costs of moving for a job—housing deposits, moving trucks, temporary lodging, and the like.

It's typically offered when hiring someone from another city or when transferring an employee to a new location: The relocation bonus made the cross-country move feasible.

Related

start date · temporary housing · reimbursement · lump sum · negotiation · packing · uprooting · goodbye party · fresh start · incentive · compensation · cross-country · employee benefits · departure · arrival · settlement · boxes · movers

Categories
Opposites
incentive direction

relocation bonusretention bonus

Payment to keep employees

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

compensation type

relocation bonusbase salary

Guaranteed regular compensation

annual salary · hourly wage · pension · stock options · benefits package

financial flow

relocation bonuspayroll deduction

Sum subtracted from wages

salary reduction

Family

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