i got a 20k relocation reimbursement package with my new job but I’m only using about 3k for moving costs. seems like a waste to not use the remaining 17k and I didn’t move over a lot of my furniture because frankly it was too old and about time I buy a new bed and such anyways. reimbursement package doesn’t list furniture as one of the eligible costs and I know it isn’t standard for furniture to be included – I’m also being hired to work in the HR sector so I don’t want to appear to be dumb and inexperienced by asking if it covers furniture since I’m pretty sure it doesn’t but seems like a waste to leave money on the table and then spend a few extra thousand on my own to buy furniture… is it worth asking?
Relocation reimbursement for new furniture?
byu/New-Marketing-1789 inpersonalfinance
Posted by New-Marketing-1789
3 Comments
It’s $20K – absolutely worth asking. It should also cover you getting there. If you have a car, it might be better to have it shipped than drive depending on the distance. Travel expenses such as flight(s), hotels, etc. are typically reimbursable.
If it’s in the US, all relocation expenses are taxable, so some companies won’t bother with an account reimbursement and will just process the payment as wages.
>is it worth asking?
I mean there’s literally no downside to asking, and a potential $17k upside.
If you don’t want to appear ill-informed, read over any relocation policy information your company provided to you.
In my experience, relocation policies usually just include relocation services (moving, lease breaks, realtor, travel, etc.) and don’t include furnishings. Your company’s policy may vary, though.
Yes, get clarification so you can spend money for covered expenses. As a new employee it won’t sound dumb at all.