Indeed, nowadays generous expats packages are seemingly a thing of the past and employers have the cheek to assume that relocation abroad is all part of a career enhancing opportunity and that you should actually be thanking them for giving you the chance to work overseas! In this Singapore Property Realtor website examine the truth about overseas assignments and relocation packages for anyone contemplating an offer from their company to work abroad for a period of time. We’ll show you what you need to negotiate for and how to go about it… Back in the good old days of the late 1990’s when employers had more money than sense and the good times were still rolling, it was not uncommon for people to be moved lock, As soon as the stock market started to dive and employers started shedding staff and expenses, naturally the good old expatriate packages were one of the first things to be hit…so instead of offering you language lessons, integration courses, school fees for the kids and a generous financial package to relocate, employers managed to convince their employees that to be asked to move abroad on a work assignment meant that they were giving you the chance to broaden your cultural and career horizons and that you should be thankful…and quiet…and not rock the boat otherwise redundancy would beckon.
1) Moving costs covered – Singapore Property Realtor will need to find money to cover everything from packing and shipping your personal effects and placing some things in storage to physically moving your family.
2) Resettlement assistance – Singapore Property Realtor will get a chance for you and your family to visit the country in question first, will you get advice about how to handle the move for the whole family?
3) Initial accommodation costs covered for a set period – you’ll need to initially rent a house or apartment before you can spend time looking for suitable long term accommodation, will you be helped financially?
4) Assistance in finding accommodation – will your company pay for an agent to help you locate suitable accommodation?
5) Language/cultural training for you or for you and your family – if you’re moving to a country where they speak a different language or where religions or cultural differences are strongly apparent and where you will need to learn to adjust.
6) Family assistance – will your spouse and children get the emotional assistance they need to help with the transition?
7) School fees assistance – it will probably be a requirement that any accompanying children are privately educated at an international school so that their schooling is not affected .
8) Medical insurance package – make sure you get complete cover for you and your family from your employer.
9) Incentive premium – your employer is asking you to turn your life upside down. He is also asking that you turn your family’s life upside down as well and that you all endure stress and disruption.
10) Cost of living adjustment – if you’re moving to a higher cost country you’ll need additional income to cover a higher cost of living for the duration of your assignment .