Don’t Be Afraid of Relocation Expenses with Out of Town Candidates

March 1st, 2006

By Susan Burden
Vice President, Executive Alliance
March 2006 

As recruiters working with clients, one of the initial questions that we typically ask is, "Will you consider relocating a new hire?" Often employers will say no; they prefer local candidates. While finding a local candidate might be a plus, the perfect candidate might not be in your backyard. I will often initiate a local search and expand the radius as necessary. However, these restrictions sometimes lengthen the search process, and when you are dealing with trying to find the right person, timing can mean everything.

If you are gun shy about stepping over into the world of relocation, please understand that there is no standard relocation package. This "benefit" can be tailor-made for each individual and situation.

Obviously, the desire to attract the best candidate might require a hefty package, but this does not always need to be the case. For candidates who do not own homes, a relocation package can simply cover moving costs and possible money towards getting out of a rental lease. For home owners, packages can also vary. Some companies cover everything from soup to nuts, including closing costs, moving expenses, and house hunting trips for the family – even relocation of a pet. To expedite start dates, many employers have recently started housing new employees and families in executive suites until a new residence is secured.

Don’t let these high ticket relocation packages scare you. You may choose to offer a flat fee where your company takes care of moving details up to a certain amount with any extra expenses taken care of by the employee. This flat fee can vary and can be stipulated very early in the interview process. By offering this, you can expand your candidate pool at a minimal cost.
The process is quite simple. An initial telephone interview is standard. If all thumbs are up, then a flight and possible hotel stay is arranged for a face-to-face meeting. If an offer is imminent, then the relocation package can be presented.

Your company’s offer should not fall short when you are trying to attain your new s.tar player. Once again, it does not take much creativity to compete with the big guns. However, if you want to be in the game, you have to at least play.

Susan Burden is a Vice President at Executive Alliance, an international recruitment firm and the leading provider of human capital (recruiting) services to the Credit, Collections and Call Center Management industries. Executive Alliance is the exclusive staffing partner of Kaulkin Ginsberg and insideARM.com. 

Comments are closed.

LATEST BLOGS

Suggestions for my High School Graduate

June 20, 2017

High school graduation is a time of excitement for many as they head off to college. Today, I thought I'd share some of the advice I gave my youngest son in case anyone else has a child preparing to go off to school sometime soon. ....

» see this post    » all posts


ARM Industry Merger and Acquisition Trends

June 14, 2017

Do M&A trends within the ARM industry defy traditional business and economic theories? Today's KG Prime sponsored blog examines industry performance from 2007-present, and the effect changes in operating conditions had on consolidation trends. ....

» see this post    » all posts


The Department of Education Contract: A Candid Discussion between Industry Experts Mike Ginsberg and Randy Kamm

June 13, 2017

The Department of Education unrestricted debt collection contract procurement process seemingly has no end in sight. Industry experts Mike Ginsberg and Randy Kamm examine the current situation, and the decisions that brought us to where we are today. ....

» see this post    » all posts


RECENT ANNOUNCEMENTS

Kaulkin Ginsberg Moves Its Market Intelligence Online

June 8, 2017

Kaulkin Ginsberg is changing the way busy owners, executives, and senior leaders access strategic market intelligence with the launch of KG Prime. KG Prime is a comprehensive and easy to use web-based service that provides users with economic, market segment, and other forms of strategic research.....

» see more




AXIAL FORUM - Publishes "Succession Planning - A Critical Missing Element in Many Family-Owned Businesses"

June 7, 2017

AXIAL FORUM, a web-based strategic mediator for the M&A industry, recently published an article succession planning by Topline Valuation Group. This article was co-authored by members of the Topline Valuation Group and Kaulkin Ginsberg team....

» see more




ACA of Texas Publishes "Three Critical Healthcare Industry Trends for Outsourced Business Services" in its Winter 2017 Magazine

March 16, 2017

The ACA of Texas Publishes "Three Critical Healthcare Industry Trends for Outsourced Business Services" by Kaulkin Ginsberg in its Winter 2017 Magazine. Kaulkin Ginsberg details its belief that the growth in patient lending and financing programs, clinical integration networks, and physician quality reporting systems for the Centers for Medicare and Medicaid Services (CMS) could have profound effects on companies focused on servicing healthcare providers in 2017 and beyond.....

» see more