Study transfer before making a move

Dear Joan:
I was recently told about a position in another state, within my company. And told that if I was interested who I should contact. If I am selected for this position, what types of things must I negotiate? I just received a substantial pay increase, so I need to know if I should expect another increase to move, if so how much?

What about my house, how should that be handled? I would also appreciate any advice you can give me if the time comes for me to make a decision about moving.

Answer:
If your boss told you about this position, there is a good chance you could be selected, since your name is probably being discussed by executives as a potential candidate. Your recent pay increase probably indicates that you are recognized as a star performer and you may be tagged as a "high potential" who needs more grooming.

Before you worry about another pay increase, or what to do with your house, it's important to take an objective look at your company to determine two things: 1)The career path this move appears to be taking you, and 2)The important, business problems your company needs to solve and your ability to help solve them in this new job.

If your company has typically moved key managers around the country before promoting them, this move could be a good opportunity for you. Also, if the job to which you move is at the heart of an important part of the business, the experience could be your ticket to the future.

Use your inside contacts, who know something about the position, to tell you about the job, the problems, the boss, the co-workers and the probable length of the assignment. Your boss is probably the best source of information.

If you get an interview, call the Human Resources Department before hand and ask about typical relocation arrangements and services the company usually pays for. According to the Society for Human Resource Management News (June 1990), the cost of a typical domestic relocation is estimated at between $20,000 and $40,000. This includes the cost of moving, any housing or travel allowances or expenses, special counseling for spouses or children and other costs.

In 1990, the Employee Relocation Council found that dual career marriages and a desire for "quality of life" are making relocations less desirable for employees.

Companies are more willing to pay for "extras" to make relocation more attractive. A second study by Atlas Van Lines found that companies are now more likely to pay for moving an automobile, recreation and lawn equipment, a second auto, and collections of valuables.

Only 12 percent of the companies surveyed didn't pay any costs associated with buying or selling an employee’s home. That means there is a good chance you could have costs such as attorney's fees, title and survey fees paid for by your company.

Check out the city itself. Call the Chamber of Commerce and ask about the cost of living; prices of real estate; quality of the schools; and the quality of life.

If you do your homework prior to the interview, you will be in a good position to know if the job is right for you and the salary is appropriate. You will also be well prepared to ask questions about what the company is willing to do to make the move a good one for you and your family.


Joan Lloyd is a Milwaukee based executive coach and organizational & leadership development strategist. She is known for her ability to help leaders and their teams achieve measurable, lasting improvements. Joan Lloyd & Associates, specializes in leadership development, organizational change and teambuilding, providing: executive coaching, CEO coaching & leader team coaching, 360-degree feedback processes, retreat facilitation and presentation skill coaching and small group labs. Contact Joan Lloyd & Associates at (414) 573-1616, mailto:info@joanlloyd.com, or www.JoanLloyd.com 
 
About Joan Lloyd
Joan Lloyd & Associates provide
FREE subscription to receive Joan's article by email


Email Joan to submit your question for consideration for publication, request permission to reprint an article for distribution, or for information about carrying Joan Lloyd's weekly column in your publication, or on your Internet or Intranet site. Visit JoanLloyd.com to search an archive of more than 1700 of Joan's articles.
© Joan Lloyd & Associates, Inc.