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Relocation help(17 posts)

Relocation helpLO McDuff
Jan 14, 2004 7:57 AM
I have been given a promotion and I *might* have to move to the territory that I manage: Michigan/Indiana east to Maine down to Jersey. Most of the revenue is from the large cities Boston, New York, Philly, Rochester, Cleveland, Detroit with the majority of opportunities in Boston. I have lived in Boulder for the past 24 years and, well, it doesn't suck. I am trying to find a semi-rural area with: 1)good riding (obviously) 2) I can catch a plane to connect with the territory, 3) close to some "decent" skiing, and a reasonable cost of living. I know that "reasonable" is relative.

The area that seems the most intriguing is New Hampshire. I am not a big fan of Boston and the surrounding suburbs.

Also, has anyone negotiated a relocation package? We are not going to sell our Boulder properties and if things don't work out we'll probably end up back here. Should I include an un-relocation request should that happen?

Thanks.
Don't negotiate with an assumption of failure.dr hoo
Jan 14, 2004 8:29 AM
By bringing up an "unrelocation" item, you communicate that you are not totally committed to the new postition. That is not good. It makes sense from your perspective, but it sends a worrisome message to those you are negotiating with.

If you will still be in the same company, and you move back, why wouldn't they give you a new "relocation" package?

There are some cost of living calculators online (easy to find with a search), and if you use a few you can get a good idea about comparing total costs of living, and specific item comparisons like housing expenses.

Sorry I can't help you with specifics of the area, I just don't know it well enough to give details. I did hear the other day that Vermont has no Starbucks, and that alone makes it worth considering in my book!

Ok, an online search shows they have 2.

Good luck to you.
they gave birth to Ben and Jerrys thoughColnagoFE
Jan 14, 2004 8:37 AM
Coffee is better for the waistline than ice cream anyday! ;) Agree you should not appear to be half-commited to the new position. If you are that hesitant then turn it down.
Fair enough and some more info.LO McDuff
Jan 14, 2004 8:46 AM
I agree with your statement on my un-relocation. I am not a person who exposes my thoughts during a negotiation. I appreciate your input. It is a Boulder-based company and I expect that there will further opportunities at HQ.

My wife and I have spent a couple of years away (Delaware and Texas)during that 25 and we always seem to end up back in Boulder. She is originally from Boulder. So it is something that is always in the back of my mind.
VT has no Starbucks my *ssTJeanloz
Jan 14, 2004 9:57 AM
I can think of at least 2 Starbucks locations in Vermont, and neither of them are very new.

Granted, they are outnumberd by Dunkin Donuts at least 10 to 1, but that's true of all New England states.

It is true that Montpelier is the only state capital without a McDonald's location.
According to starbucks web site, they have 2.dr hoo
Jan 14, 2004 10:03 AM
Are you saying a corporate website would be wrong?

They might only list free standing locations, and not locations in bookstores, grocery stores, etc.
I can only think of two,TJeanloz
Jan 14, 2004 10:16 AM
They're both in Burlington. One more in-town, and one probably 10-15 miles before town, right off of 89.

And 2 is 2 more than none.
really? 2 is more than none?dr hoo
Jan 14, 2004 10:28 AM
I don't think you read my post very well. Just to clarify:

"I did hear the other day that Vermont has no Starbucks, and that alone makes it worth considering in my book!

Ok, an online search shows they have 2. "

So, I wrote that I HEARD they had zero, but I checked and found they had 2 (at least).

I agree 2 is more than none.
I'm merely correcting a fallacyTJeanloz
Jan 14, 2004 10:40 AM
I know that it's just something you "heard". Which means it isn't your fault for sharing it with the community at large. But I think it's reasonable to correct something that is factually untrue.

I don't doubt that you heard it. I don't doubt that at one point it was true. But parts of Vermont are ideal Starbucks country, filled with New Yorkers as they are.
Thanks for correcting the fallacy I corrected myself.dr hoo
Jan 14, 2004 11:10 AM
There is no such thing as "ideal Starbucks country", since starbucks is not ideal coffee. I would even hesitate to compare it to the shadows on the wall of Plato's cave, so far is it from ideal coffee.
agreeDuane Gran
Jan 15, 2004 9:10 AM
I consider the term "starbucks coffee" to be an oxymoron, similar to "american beer", although I concede there are a few worthwhile exceptions.
TJ where do you live, by the way "yall should teach math" =P nmCARBON110
Jan 14, 2004 11:32 AM
Downtown Boston, but I travel a lot (nm)TJeanloz
Jan 14, 2004 11:50 AM
If you come to VT........CARBON110
Jan 14, 2004 10:15 AM
Let me know, I know almost everything there is to know about real estate and renting in the state. I'm not an agent by the way =D

I can tell you about any area in the state

Good Luck!
re: Relocation helpLen J
Jan 14, 2004 8:35 AM
Southeastern New Hamshire is beautiful, however, I'd be comfortable with the ride into Logan before I commited to that area.

Re relocation negotiation, include the following:

1) 2 House hunting trips (Maybe more if you want to look in different areas)

2.) Move of goods. If you have anything unusual (Boat, multiple cars, Greenhouse, heavy/bulky hobby stuff, Livestock or other animals, etc,etc) make sure you deal with it up-front in the negotiation, otherwise you can either cost yourself some money or frustrate your boss.

3.) Incedentals (I have seen these anywhere from $1,000 to 1 months pay)

4.) All Normal & Customary Buying & Selling settlement charges.

5.) A tax "gross-up" on the relocation expenses. Relocation expenses other than move of household goods are taxable to you. If you don't get them to gross up, it could cost you. I recently moved an employee whose total taxable relocation expenses were $23,000. His tax bill would have been $8,000. Get some tax advice.

6.) If possible, some kind of bridge Loan for your down payment on the new house. Many times I've moved, I've found a new house before I could sell my old house. I've always been able to either get a bridge loan from the Company or a guarantee to by my house at some predetermined point and based on several appraisals.

I've never been able to negotiate a "Move Back" package. As an employer, this request would send up a red flag for me that you weren't committed to the new job. Be careful how you communicate "We are not going to sell our Boulder properties and if things don't work out we'll probably end up back here.", it can send a message you don't want to send.

Good Luck.

Len
Just tell em the Boulder house will be income propertyColnagoFE
Jan 14, 2004 8:50 AM
That you will rent it out. That should send up no red flags assuming you can swing 2 mortgages or that the Boulder house is already paid off.
Ahh yup. That soundsabout right.128
Jan 14, 2004 1:08 PM
Manchester Int'l Airport in NH is excellent and worth being near.

VT is the 3rd most visited ski state in the Union.

Maine is the most beautiful place on Earth and has the coast. Can get a bit chilly at times.

Congrats on the promotion.
-----------------------
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temperatures given in Fahrenheit to various human behaviors:

60 degrees - New Yorkers try to turn on the heat. People in New England plant gardens.

50 degrees - Californians shiver uncontrollably. People in New England sunbathe.

40 degrees - Italian and English cars won't start. People in New England drive with the windows down.

32 degrees - Distilled water freezes. Lake Winnepesaukee's water gets thicker.

20 degrees - Floridians bundle up in their down coats, thermal underwear, gloves, and wool hats. People in New England throw on a flannel shirt.

15 degrees - New York landlords finally turn up the heat. People in New England have the last cookout before it gets cold.

0 degrees - People in Miami all die... New Englanders close the windows.

-10 degrees - Californians fly away to Mexico. People in New England get out their winter coats.

-25 degrees - Hollywood disintegrates. Girl Scouts in New England are selling cookies door to door.

-40 degrees - Washington D.C. runs out of hot air. People in New England let the dogs sleep indoors.

-100 degrees - Santa Claus abandons the North Pole. New Englanders get frustrated because they can't start the "kah."

-460 degrees - All atomic motion stops. People in New England start saying,"cold 'nuff for ya?"

-500 degrees - Hell freezes over. The Boston Red Sox win the World Series

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