How Much Salary Increase to Relocate
You're probably excited about a new job or a promotion, but the caveat is that you have to relocate. This then brings about the worries of adjusting your salary to fit into your relocation package. Packing up and moving to a new location for your job can be exciting if you have the means to do so and your employer is willing to negotiate a salary that will serve you well in your new area.
But , and how much should your pay rise increase for moving across the country? DoNotPay can help you figure that out.
How to Negotiate a Relocation Salary Increase?
After getting that promotion or job requiring moving, many employers naturally give relocation packages. However, most of these only cover moving costs, a relocation mortgage, or settling-in allowances. If you feel you need a salary increase, here are some tips that will help you estimate .
Compare Costs of Living
Before packing up and moving to a new region, compare your new area's living cost with your current one. The cost of living is the amount of money you will need to sustain a certain level of living, factoring in basic expenses for housing, food, and clothing while still maintaining your lifestyle and other expenses.
Some cities like Manhattan have a higher cost of living than others. Therefore, using cost-of-living calculators tools can help you estimate how much salary increase to relocate.
Always Go Up
Even if you're relocating to a city with a lower cost of living, never agree to a salary decrease. The rationale behind this is that you are leaving your current life behind, uprooting your family, and settling in a different new location to accommodate your professional growth. If the cost of living is lower and your boss suggests a pay decrease, it is advisable to stay where you are.
Do your research on the salaries in your industry in your new location and use that as a starting point. If your company routinely relocates employees, ask for a salary schedule to get an idea of how much salary increase to relocate and go higher due to the additional expenses of settling in a new area and possibly selling your old home. Relocation does not mean you have to take a loss.
How to Ask For a Relocation Salary Increase on Your Own
The following tips can help you get a raise to relocate comfortably:
|Wait for the perfect time||When asking for a relocation raise, timing is a key factor. If the move aligns with your recent achievements, you can point out your recent accomplishments to make your case.|
|Be confident||Confidence is important when negotiating a salary increase for relocation. Your employer may try to argue that they are offering a relocation package. You can counter that with evidence of the cost of living and industry salaries in your new location to support your request.|
|Know what you want||Before entering that meeting to negotiate how much salary increase to relocate, have a figure in mind. Preparedness will help you determine when your employer isn't giving you what you are worth and proves your confidence in your value. Having a figure in mind also sets the pace for the negotiation.|
Ask For a Relocation Salary Increase With DoNotPay
Knowing is one thing, but kickstarting the process is another. If you're having trouble writing a negotiation letter or don't know how to go about the conversation with your employer, DoNotPay can help.
We have a 'Negotiate My Salary' product that lets us handle the hard part for you to make your situation easier. Here's how it works:
- Search “negotiate my salary” on DoNotPay.
- Enter the name of your company and the industry you work in, so we can find the right wage statistics for your role.
- Answer a series of questions regarding your qualifications and achievements, relocation expenses, and other job offers if applicable.
- Enter the new base salary you would like to request.
And that's it. After finalizing the information, we will create an official salary negotiation letter for you to use in your negotiation.
DoNotPay Works Across All Groups With the Click of a Button
Aiding you in figuring out is one of our many salary-related services. We can also help you figure out:
- How to ask for a raise
- How to negotiate a salary increase
- The appropriate time to ask for raises
- How to negotiate a salary over email
- How much of a raise should I ask for
- How to negotiate salary over the phone
- How often should I get a raise
What Else Can DoNotPay Do?
Helping you understand how much salary increase to relocate is one of the services under the DoNotPay umbrella. As the first online robot lawyer, you can access various other services on the DoNotPay platform, including
- Canceling subscriptions you no longer need
- Getting chargebacks and refunds
- Fighting workplace discrimination
- Reducing property taxes
Try DoNotPay today to reap the benefits.