Check Out These U.S. Cities with Relocation Benefits Programs
Moving to a new place for a new job can be a great move for your career and for your personal life. Starting somewhere fresh can give new beginnings and new opportunities. But what if the new company does not offer a competitive relocation package? Relocating for a position can be expensive, especially for an employee who is paying out of their own pocket. However, if the employee may be facing a once-in-lifetime job opportunity that cannot be turned down, making the decision even harder.
There’s a lot that goes into relocation, from home sale and purchase costs, movers to travel funds, even food and temporary housing costs come into play. Even if the new job is not offering relocation benefits to the employee, it might not be the end of the opportunity just yet.
Many cities and states throughout the U.S. are offering relocators incentive programs to take advantage of. Corporate relocation state subsidy programs are designed to help cover the cost for people moving for a job opportunity. Depending on the program, these incentives may apply to the entire state, a specific region, or a particular city. Here are some of the cities with the best relocation incentive programs, with many of the programs focused on enticing remote workers in today’s new normal.
Cities & States with Relocation Benefits Programs
When looking for a new job, it might be worth considering these relocation incentive programs offered by each city or state. Depending on what the relocation assistance covers, it could greatly help reduce the cost of moving while also helping to break a tie between two offers from employers.
This remote working program is an innovative one. Tulsa is offering workers up to $10,000 cash to help with relocation costs and a free workplace within an office space for any remote worker who moves to and works from the city. All employees have to do to qualify for the program is be at least 18 years old, work remotely in a full-time job, be eligible to work within the U.S., and be able to move to Tulsa within 12 months of accepting the relocation incentive.
In order to attract professional talent, the Northwest Arkansas Council is offering those looking to relocate incentives of up to $10,000 lump sum. Recipients will also be given a free street or mountain bike to use on the new 162 miles of paved trails, 37-acre Razorback Regional Greenway, and the 322 miles of mountain biking trails that the region has to offer. If a bike doesn’t suit the fancy of the moving worker, participants can also choose an annual membership to arts and cultural institutions.
The Savannah Technology Workforce Incentive is willing to reimburse relocating employees up to $2,000 of relocation expenses. In order to qualify, applicants must be willing to take a job with a technology company in the region, be self-employed, or a remote worker looking to relocate to Savannah. Additionally, the employee must relocate within 12 months, have a minimum one-year lease or purchase property, and have resided in the county for 30 days before being able to apply.
Thinking of living in the desert? StartupTucson is offering incentives that can total up to $7,500 in cash and moving services. Relocation funds, internet setup, and housing support are just some of the benefits that this program covers.
The Shoals, AL
Another program geared toward remote workers, this relocation benefits package is willing to pay moving employees $10,000 cash, which can go a long way in the low-cost of living area of The Shoals. To be eligible for the cash, workers must have a minimum annual income of $52,000, be able to move within six months, be a full-time employee, and of course be at least 18 years old.
GMS Can Help Relocating Employees Utilize Relocation Incentives
Are you a company that has been exploring innovative new ways to utilize a remote workforce? GMS can help you craft creative relocation policies while maximizing the relocation incentives programs offered by various state and local governments across the U.S. Contact us today to talk about how your company can obtain and retain the best talent from anywhere in the country, and how to do so affordably.
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