Relocation allowance

Hi

I am trying to find out where can I pull current data on how many companies offer domestic relocation allowances and what the average allowances are? 

Parents
  • Most companies wouldn't offer a relocation allowance (in my experience) for any but the most senior colleagues. To be honest I can't recall the last time I authorised one

    If we did it may well be along lines Robert suggests but can't see the justification in most cases
  • I really appreciate your responses as I am being pushed by recruitment agencies telling me that everyone is offering relocation but I couldn't find any data to back this up.
  • You should not assume that this means nobody is offering relocation.

    For mid-senior recruitment we would invariably offer relocation - especially as our location is not the easiest in to which to recruit.

    Hard to fill vacancies, the perfect fit applicant lives 200 miles away (or perhaps in another country) - valid reasons to offer a relocation.
  • Hi Kirstie

    Further to Robert & Keith's points, the sector may also drive whether companies offer relocation or not.

    I've worked in multiple tech/engineering companies in the South East/Eastern region and some form of relocation assistance has been standard in the majority of these companies (and offered by our competitors) for technical roles, including offering relocation for junior engineering roles where there is a skills shortage. However relocation is not usually offered to those in easier to fill non-tech roles.

    Up to £8k has been the cap typically, but the amount offered will vary depending on scarcity of skills, whether the employee is currently renting vs a homeowner, relocating from overseas etc.

    There have been occasions where we've gone above the £8k cap for senior hires, with a discussion/negotiation at offer stage about who will be responsible for the tax above £8k - Company or employee.

    Most relo assistance has been subject to a 24 month clawback (on a sliding scale).

    Your agencies should have a good view of the ranges of relocation assistance offered in your particular sector/region.

    Joe
Reply
  • Hi Kirstie

    Further to Robert & Keith's points, the sector may also drive whether companies offer relocation or not.

    I've worked in multiple tech/engineering companies in the South East/Eastern region and some form of relocation assistance has been standard in the majority of these companies (and offered by our competitors) for technical roles, including offering relocation for junior engineering roles where there is a skills shortage. However relocation is not usually offered to those in easier to fill non-tech roles.

    Up to £8k has been the cap typically, but the amount offered will vary depending on scarcity of skills, whether the employee is currently renting vs a homeowner, relocating from overseas etc.

    There have been occasions where we've gone above the £8k cap for senior hires, with a discussion/negotiation at offer stage about who will be responsible for the tax above £8k - Company or employee.

    Most relo assistance has been subject to a 24 month clawback (on a sliding scale).

    Your agencies should have a good view of the ranges of relocation assistance offered in your particular sector/region.

    Joe
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