Relocation packages are routinely negotiated as a lump sum payout. People have a wide array of personal circumstances from a single
person living at home to a family
of five with a house and mortgage.
Two items- relocation packages are typically taxable as income
, so you may want to try requesting the costs e grossed-up to cover tax liability (careful about becoming greedy). Second, employment
offers that include relocation sometimes have a retention period commitment meaning company expects repayment of at least part of the relocation package if you quit or get fired for cause prior to the retention period (2-years is typical)
I once lived aboard at a marina connected to a military base in San Francisco
. One of my neighbors was a lieutenant at the base and lived aboard a 38 foot trawler
. He relocated to Hawaii
and the boat
was relocated for him, likely at a cost that rivaled the value of the boat. Military sometimes works that way. I wouldn't expect corporate America to do likewise. Of course, the US Military is the world's biggest non-profit organization.
Good luck with your job offer and career path.