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Salary and relocation don't mix

We recently commented on how information, through the various media outlets, can be reused and unfortunately create more misinformation in the process. However, I wanted to step back into the guts of that article to discuss one of the key points on relocation and compensation.

On many levels the article is spot on about making sure that the actual costs of the move are covered including not only the movement of household goods, but all of the other aspects that go along with turning on the utilities, etc. Additionally, the author makes some great points about cost of living, the current mortgage problems and the resulting housing slump and how it can impact someone’s interest or ability to relocate.

However, I have a problem with one aspect of the article where the author links relocation and compensation by quoting a source that says “ As a broad general rule of thumb, if you're relocating, you'll want to see approximately a 30 percent pay increase”. Not only does the percentage appear to pulled out of the thin air, but under no circumstances does the fact that you relocate for a position impact the salary (companies do not pay more if you move) in which you should get offered. Relocation is offered to cover the costs of your move not the inconvenience of it.

Relocation is a decision of personal and professional choice and if the career opportunity a company provides is worth it then you should definitely require that they cover all of the reasonable relocation expenses. Just don’t expect them to also give you a compensation plan beyond industry norms just because you’re moving.

Posted on Thursday, April 10, 2008 at 11:44AM by Registered CommenterTheVoiceOfIT in , | CommentsPost a Comment

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