Relocating an Employee Within the United States

Congratulations!

You have completed ERI DLC Course 57: Relocating an Employee Within the United States.

You should now be able to:

• Recognize the initial steps to take when preparing an employee and family for a relocation
• Differentiate between company assistance plans used when a relocating employee needs to sell their home
• Identify costs associated with selling an employee’s home
• Specify why a property appraisal is important
• Recognize different policies and cost options for moving employees
• Differentiate between released value, full value, and third party moving insurance
• Identify ways companies can assist employees and family members when buying a home and settling into the community they have relocated to
• Recognize the importance of obtaining a pre-approval from a mortgage broker
• Identify the pros and cons of cafeteria, lump-sum, and tiered relocation plans
• Specify what a company can do to help keep an employee whole and adjust to a higher cost of living
• Recognize the importance of separate salary structures based on location, aligning relocation bonuses, and cost-of-living allowance policies