Are you top talent that is sought after for a top job? Then you may be making the move to a new city sometime soon. What would it take for you to pack up in cardboard boxes and head on out of what is your normal now-a-days?
Employers are increasingly willing to spend money on relocation fees to attract prospective talent, even it if means a significant rise in costs to their business, a new study shows.
In a survey of 2,417 hiring managers and human-resources professionals, one-third of respondents said their companies have paid to relocate employees to their cities in the past two years, according to CareerBuilder.com and Apartments.com. (Inc.com)
But is the compensations for the move worth the hassle and inconveniences of starting life over in a new city worth it? May the leaving of friends, family, home, favorite restaurant and events, can that change be compensated?
Beyond the initial move and shock of a new location, there’s more variables to consider before taking a new job and packing up.
What is where you work now like and how is it going to be at the new place? It is likely the workplace culture will change more than you ever dreamed. You can be doing the exact same job, but the people you work with, report to and manage will be different. What’s the work culture of the new gig? and are you going to like it? If the answer is no, you may not want to relocate and keep looking for a different job.
Avoid potential disaster and research the cost of living. Compare with your current cities rental, gas and necessities pricing. Moving may double your cost of living or cut it in half.
Likewise, what would the differences of the two be geographically, seasonally, etc. Are you a biker and hiker? Moving to a city with snow 9 months out of the year may not be your best option. Consider the lifestyle you are agreeing to with a new job.
There’s a lot to consider before relocating. What would it take for you to relocate?
