relocation expenses
Fees for transferring
Relocation expenses are costs associated with moving to a new location, typically for employment.
These may include transportation, temporary housing, moving services, and real estate fees.
Many employers cover relocation expenses to attract candidates from other areas: The job offer included $15,000 in relocation expenses.
Also called moving expenses, especially in tax contexts.
- job transferMove to different position
- lump sum paymentFull amount given once
- airfareCost of flying
- travel reimbursementMoney returned for trips
- mortgage assistanceAid for property loan payments
customs duties · insurance coverage · property taxes · cost of living · parking permits · pet transport · toll charges · taxi fares · cleaning services · moving van · storage unit · temporary housing · real estate agent · visa fees · shipping costs
- employee perkscompany car, gym membership, free meals, company housing, parking space
- compensationpay, salary, income, wage, bonus
relocation expensesbase salary
Guaranteed regular compensation
annual salary · pension contributions · wages · hourly pay · base pay
relocation expensesseverance package
Compensation upon job termination
severance pay · retention bonus · exit package · layoff compensation · settlement costs
relocation, expenses, relocate, relocated, relocating, relocates, location, locate, located