Too many companies still give their employees a cash payment to cover the cost of relocation. What could go wrong? An employee could fall behind schedule, you lose any tax benefit, and having an employee manage their own move isn’t the best way to help them start the job right.
In this paper, we will:
Describe what we mean by a “cash payment”
Review the reasons cash payments are popular
Examine the problems created by the cash payment approach
Present a more cost-effective alternative that employers can easily implement
DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
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