Learn More About Lump Sum Payments & Employee Relocation Packages

In today’s economy, more and more businesses are finding it necessary to move employees around, choosing to be closer to clientele, condense supply chain operations, or keep teams collaborating from near and far. When it comes time to relocate an employee to a new location, it is always great to find new ways to help them get from Point A to Point B easier.

As a leader among moving companies in Farmington Hills, MI, Whitestown, IN, West Chester, OH, and Grand Rapids, MI, the residential movers at University Moving and Storage are here to help. We’ve worked with a wide variety of companies that are relocating employees, including employee relocation, executive relocation, lump sum payments for relocation, and more. We offer comprehensive packing options, moving services, and storage solutions that can make your employees next move less stressful and get them back to work as soon as possible.

Customized Plans Based On Your Budget & Timeline

Our planning representatives will work with your company to create a plan based on your timeline, your budget, and the services that are needed. Our expert packers and movers can help with electronics, exercise equipment, antiques, art, hobby items, and more. There’s no job too big or too small for our residential movers.

University Moving and Storage can work with your company to make sure your move is on-time and on-budget. For companies with lump sum payments for relocation, we’ll help your employee make the most of the opportunity that you have provided to them. We can work with lump sum payments that are provided in a variety of different ways:

• Cash Payment to the Employee – This option is an allotted amount of cash paid directly to the employee that they are free to use however they would like to move themselves and/or their family to their new home.
• A Direct Payment to the Moving Company – Providing payment directly to the moving company itself is obviously the most effective method, as it takes the responsibility of payment off of the employee, so that they can focus on packing and their upcoming relocation. This method also saves the payment from being considered income that is subject to taxation.
• A Refunded Expense to the Employee – The employee can also pay for the move themselves and then submit that cost as an expense to the employer. Once again, this option can avoid taxation, but it does have a disadvantage, as the employee has to cover the cost of moving initially.

Contact University Moving And Storage

If your company has employees that need to be relocated and you are interested in discussing options for lump sum payments, contact University Moving and Storage for more information. Our expert move coordinators can help you find the right payment option to efficiently move your most valued employees.