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It would be great if all the best jobs were in your backyard, but sometimes the position you really want is hundreds, if not thousands of miles away. Here are some things to consider and given all the aspects of your life that can be affected, it is a decision that must be taken seriously. Then again, the axiom, “No risk-no reward” rings true in the practice of job relocation.
Here are questions from Coldwell Banker NHS to ask yourself before making a decision:
1. Have I done my homework on the new city, the new job, and the new company? The more you know about the job, company, and the new city, the more educated your decision and the less stressful the choice. Make a pros and cons list. Ask informed questions-be sure to completely understand the position, meet your co-works and new boss at least twice at their office. Tour the new workplace, get a sense of the environment and culture.
2. Does the position offer growth? Try to determine of the position offers sufficient upward mobility. Not just your position now, but once you are onboard as well.
3. Is the salary desirable, and is it adjusted to the cost of living in the new place? The rule of thumb is 10-20% more that your current salary when changing jobs in the same city, however when relocating you can be a little more aggressive.
4. Does the new metro area have a strong employment market? It is important to be relatively assured that you would be marketable in the new city and happy to stay there if things fall apart.5. Have I discussed and negotiated a moving allowance? This is an important piece with lots of tax liabilities if you are not careful. Do you have homesale assistance, home purchase assistance, do you get a lump sum, temp housing, is it taxable?
If you are thinking about a move or have questions on your relocation policy, please reach out to Coldwell Banker NHS’s Relocation Department and let us show you what we can do to make your next move a smooth one. We can provide you free of charge Move Meter cost of living comparison. Call Kristi Curren at 402.218.7136 or kristi@cb-nhs.com.
