RELOCATION AUDIT

Many corporations realize that their existing relocation program (if they even have one) is frequently based on telling an employee they are needed in another location by a certain date and then letting them 'get on with it', regardless of the hidden cost involved in time, stress and down time whilst the employee sorts everything out.

It is also usually fraught with danger as you and your employee might fail to reach agreement on the many aspects involved. And the hidden costs can be staggering!

Even if your corporation has a system in operation it may need updating and revising to bring it in line with current best practice and legislation.

Surely it makes sense to have a CORPORATE RELOCATION POLICY established as part of your employee handbook so that everything is crystal clear right from the start?

Farthingtons will undertake an indepth Relocation Audit for you that highlights areas of concern, details how you should develop your relocation program and concludes with a detailed step by step guide to develop and introduce your CORPORATE RELOCATION POLICY that clearly states exactly what you need to have in place.

• What expenses should you pay?
• Do you have a policy on salary parity?
• What about spousal and child assistance?
• Should you recompense your employee for the 'forced' sale of their vehicle?
• What if vehicles cost less where your employee is relocating?
• Who pays for a rental property, the corporation or the employee?
• Tax, Pensions & Health Insurance - who pays, you or your employee?
• What happens when repatriation is due?

The Farthingtons Relocation Audit answers these and many other questions you probably haven't even thought about.

Our Relocation Audit is a cost effective resource. Please ask us today for further details by emailing audit@farthingtons.com.