Relocation: When Should You Move for a Job?

by Modis on December 6, 2015

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relocation packages and moving for a job

Thinking of accepting a role in a new geography? Undoubtedly, the decision is a tough one. You’ll basically need to uproot your life and potentially your family’s lives, too. Moving is also stressful—even when your new employer offers you a generous relocation package.

If you’re considering relocating, you’ll need to evaluate your offer very carefully. Here are some questions that you should ask when considering a job in a new area:

Is this my best career opportunity?

Your next job will be a stepping stone to something greater—don’t make the decision to move (or not move) prematurely. Imagine how your next role will fit into your long term career aspirations. The decision of whether to relocate is a big one, so you’ll want to make sure that you have the right motivations and incentives in place. You need more than money, prestige and a job title to make sure that your decision is in your best interest.

Is it the right time in my life and career to make a move?

The decision to make a move will have a lasting impact on your career and life. Make sure that you’re at a good place in your personal life to make such a big decision. If you need to care for an aging parent, for instance, you may want to stay local. If your child is starting kindergarten next year, ‘now’ may be the best possible time for a move—before you really need to get settled.

What will be my true expenses?

Depending on how far you go, moving expenses can get pricey. Make sure that you know what your actual costs will be so that you don’t end up in a financial hole. You may need to negotiate your relocation package, and that’s totally reasonable. Just be able to justify your expenses and come to the table with a strong value proposition. An employer who really wants you will be reasonable.

Do the terms raise any red flags?

The majority of relocation packages come with some to-be-expected terms. For instance, you’ll likely need to stay at your job for a certain period time (such as a year). You might also need to repay your relocation package if you are terminated for cause. These provisions are reasonable—but others might make you uncomfortable. If something sounds too good to be true, ask your prospective employer about it. You’ll want to make sure that you and your belongings arrive in your new city safe and sound.

Do I have an exit plan?

You don’t want to be chained to your new job for the long-haul. If something takes a wrong turn, you’ll need a safety net to catch you. That’s why you’ll want to do two things before accepting a relocation offer: you’ll want to check to confirm that your salary to sustain your cost of living. You’ll also want to make sure that there’s a competitive job market in the local economy that you’re entering.

Are you Ready to Relocate?

Make sure you partner with an exceptional career resource like Modis. We’ll help you navigate the complexities of your job search all the way through the interview process and negotiating your benefits when you get your your new position acceptance and even career growth later down the road. We’ve got 60 locations across the U.S. so contact us today to start connecting with your dream job!

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