Considering a Transfer? Employers Will Help...

Many employers are recognizing the need to give their employess extra help when it comes to job transfers. Because the housing slump is fairly widespread throughout the nation, employers are stepping up their game to meet the needs of employees reluctant to accept job transfers because they fear they will lose money on the sale of their homes.

In THIS USA Today article by Stephanie Armour, Sally Stetson, co-founder of Salveson Stetson Group, a Philadelphia executive search firm, says "What's going on in the housing market is causing an increasing reluctance for candidates to consider relocating. Employers are much more willing to extend corporate housing on a month-to-month basis."

What employers are willing to do:

•Employers are extending temporary housing allowances from two to three months to up to eight months, an indicator of how hard it is today for relocating employees to sell their homes.
•Larger companies in some cases will buy the new employee's home as a buyer of last resort. Home Depot (HD), for example, will buy a relocating employee's residence once it's been on the market for 90 days.
•Some companies will let a new hire or employee who can't relocate work remotely, or let them commute long distances, going to the main office less frequently.

If you are considering a job transfer, let's talk about how you might be able to negotiate with your employer to get some help with the sale of your home. Call me today at 770-862-8002.

Michael Bradford
Southern Prime Realty