There once was a point in time where a company would buy your house, even as a mid-manager, in an effort to
relocate you. Not only is this not happening internally any longer at most companies, the likelihood of this sort of package being found in "new hire" comp packages is slim to none... and slim just left the building. I don't know if it the fact that most people are down 10-20% on the
value of their homes over the last 2 years (some much, much more), or that every organization in the known world got together and in an act of conspiracy decided to stop "taking one for the team"; but what I do know is that if you are evaluating a new opportunity you had better be prepared to swallow hard, bite your tongue, and take what they give you.
This all sounds a bit harsh and slightly "
preachy" but it is true. Though most of our clients still provide relocation assistance, they are paltry at best in comparison to the days of old (which are so old that I was never even around to see them!). The following blog post is a pretty fair and accurate representation of the new form of
"a la cart" relocation packages.
Fistful of Talent: Goodbye, Gold-Plated Relocation: Hello, Cheap "Build as you Go" Relo...
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