TRANSFER & STORAGE LTD.
Corporate Move Management
A corporate move management policy should be tailored to the specific industry you are in and the relocation patterns used by your company. If you move people both domestically and internationally, two separate policies are necessary due to the differences in these relocations. Below is a list of elements that can be included in an in-house relocation policy. For the specific wording of each element listed, please contact Cassidy's and we would be happy to provide a sample policy based on the elements you identify.
Elements of a Domestic Relocation Policy
SELLING YOUR EXISTING HOME
[ More Information? Contact Cassidys ]initiation, appraisals the purchase offer expiration of the offer acceptance of the offer LISTING YOUR HOME
[ More Information? Contact Cassidys ]selecting a real estate company/agent pricing your home the required exclusion clause when a buyer is found MARKETING YOUR HOME
[ More Information? Contact Cassidys ]cooperation with the marketing process putting your property in the best showing condition a pre-marketing inspection a home warranty if an offer is below the company's offer HANDLING OFFERS TO PURCHASE
[ More Information? Contact Cassidys ]when an acceptable offer is made how you receive your equity amended value and assign sale options advantages of amended value/assigned sale vacating the property INCENTIVE BONUS PROGRAM
[ More Information? Contact Cassidys ]when offer is more than company's offer when offer is less than company's offer CHOOSING TO SELL ON YOUR OWN
[ More Information? Contact Cassidys ]rejecting the company's offer table of reimbursable selling expenses COSTS OF MAINTAINING TWO HOMES
[ More Information? Contact Cassidys ]reimbursable expenses equity loan procedures LOSS ON SALE PROCEDURES
[ More Information? Contact Cassidys ]definition of coverage computation of reimbursable loss allowable capital improvements HOME FINDING ASSISTANCE
[ More Information? Contact Cassidys ]bonus program for buying from company inventory support/assistance at destination end ABOUT REAL ESTATE AGENTS
[ More Information? Contact Cassidys ]who represents whom review agency relationships when the company allows any agency relationship when the company requires buyer agency HOUSEHOLD GOODS TRANSPORTATION
[ More Information? Contact Cassidys ]selection of carrier starting the process covered moving expenses/restrictions/exclusions valuation coverages storage moving on your own moving mobile home/house trailer temporary moves TEMPORARY LIVING EXPENSES
[ More Information? Contact Cassidys ]allowable time limit covered expenses per diem allowances TRAVELING TO NEW LOCATION
[ More Information? Contact Cassidys ]house finding trips other travel final trip HOME PURCHASE EXPENSES
[ More Information? Contact Cassidys ]eligible status covered costs if new mortgage rate is higher (MID) SPOUSE EMPLOYMENT ASSISTANCE
[ More Information? Contact Cassidys ]services provided option for limited reimbursement for services time limits to apply RENTAL ASSISTANCE
[ More Information? Contact Cassidys ]moving services lease cancellation penalties payment of finders fee other services available WHEN YOUR ASSIGNMENT IS TEMPORARY
[ More Information? Contact Cassidys ]option to lease rather than sell property management services available rental assistance at destination MISCELLANEOUS EXPENSE ALLOWANCE
[ More Information? Contact Cassidys ]purpose, limit, calculations when paid TAX "GROSS UP"
[ More Information? Contact Cassidys ]why needed how calculated and paid
Additional Elements for International Relocation Policy
COMPENSATION
[ More Information? Contact Cassidys ]base salary international service premium goods and services differential hardship allowance income taxes HOST COUNTRY HOUSING
[ More Information? Contact Cassidys ]long term assignments home country housing adjustment relocation allowance PREPARING TO GO
[ More Information? Contact Cassidys ]pre-assignment trip physical examinations visas language/cultural orientation MOVING EXPENSES
[ More Information? Contact Cassidys ]storage of personal and household property unaccompanied personal effects items excluded from shipping weight limitations sale of personal vehicle DEPENDANT EDUCATION
[ More Information? Contact Cassidys ]host country school when local school is inadequate home travel OTHER POLICY ISSUES
time off travel for rest and relaxation emergency situations death of employee or dependants company or employee initiated separation repatriation
Corporate Move Services
[ More Information? Contact Cassidys ]The following is a list of services offered by most national van lines. A corporate moving policy can pay in full for all services; restrict some services by requiring special permission; forbid some services in total unless paid for in total by the employee; or allow negotiation for some services.
TRANSPORTATION
[ More Information? Contact Cassidys ]Household Goods Extra pick-up/delivery at office Extra pick-up/delivery at cottage Extra pick-up/delivery at other location First car Second Car Other cars Small recreational vehicles, lawn equipment Large boats, trailers, etc. Dangerous items and combustables Firewood, pool, hobby equipment, etc. Plants Frozen food Pets Perishables OTHER SERVICES
[ More Information? Contact Cassidys ]Packing and unpacking Crating and uncrating Storage in transit Overtime loading/unloading Expediated service, exclusive use Appliance servicing Housecleaning Waterbeds and pool tables Permanent fixtures Waiting time VALUATION
[ More Information? Contact Cassidys ]Released at $0.60 per lb per article Depreciated value protection Replacement value protection Lump sum value declared by employee Items of extraordinary value
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