Relocating For Work—Are You Making The Right Decision?
April 9th, 2019 By: Heather McMillen
Finding and receiving an offer on a new job is exciting and opens a new chapter of your life. Sometimes that chapter includes moving to a new city or state. Before you make the big move, there are several factors to consider ahead of relocating to ensure you are making the right decision.
If an offer is on the table, you might be under a time crunch but still, try to take your time and effectively evaluate the pros and cons.
1.How will this impact relationships?
If you are in a relationship whether married or not or have children, your decision will be impacting others. Consider your partner’s career goals, are they able to work remotely or will they easily find a new job, where will your children go to school and what type of environment does the new move offer?
If you are single and without children, you have more freedom with your choice.
2.Company Performance and Reputation
Do your research and find if the company is financially stable. Is this a new practice or a start-up? Are they achieving sales goals? It might feel uncomfortable to ask but it shouldn’t be a shock to HR. Some companies will share some of this information with you.
Along the same lines as performance, research to get a good look into their reputation with both clients and employees. How do current and past employees feel about the company? What is the culture like? Does your position have growth opportunities available? What do the reviews on Glassdoor, LinkedIn and other sites tell you about the company? Are the benefits and compensation competitive within the market?
3.Cost of Living
Your new job pays more than your current one…Great! Your moving from Buffalo to San Francisco, well shoot, your living expenses just skyrocketed. Depending on your location and new salary, you might have to be more frugal than you were previously. Check into transportation, rent, and food costs to evaluate if you will be able to live off your salary and still be able to enjoy entertainment.
4.Visit your new potential home
Before moving to a new area, be sure that you genuinely like it. If you haven’t ever visited, make sure you carve out at least an extended weekend trip. Don’t just go off of what you are able to Google. A visit will allow you to observe and interact with the locals, explore activities or lack thereof. Is this a place you see yourself comfortable and happy at?
Did your offer letter include relocation assistance? This is common practice especially for an employer who is accustomed to hiring out-of-town employees. If not, don’t hesitate to ask your employer if they have financial relocation assistance available. If it’s not offered, you can use this as part of your negotiation process.
Relocating for work is a major life decision and it can be one of your best experiences or one of your worst but do yourself a favor and make certain that you are running to something instead of running from something. This experience may not be permanent and you can always decide if you want to move again. Don’t sign any long-term rental or lease agreements until you know this is where you want to call home, for the short or long-term future.