Seeking Insights on Domestic and International Relocation Policies in IT Companies

Hi All,

This is Usha working in an MNC. I have an assignment of collecting the details regarding Domestic & International Relocation Policy from other IT/product development companies. If someone has any data on this, kindly share the same. Thanks a lot.

Hi Usha,

Can you be more specific? Domestic refers to within the country, while International pertains to travel from India to other countries or includes expatriates as well. If it involves travel from India to other countries, then the policy varies from one country to another.

Thanks,
Geeta

Hi Geeta,

Thank you for your query. Let me explain.

I am looking at a policy that covers domestic movements within India across multiple locations and international relocation between the US/UK and India, and vice versa.

Please provide me with more information on this. Thank you.

Hi Usha,

Policy on Relocation

Objective:

To establish a policy for compensating relocation expenses for new employees at *.

Eligibility:

Prospective employees of * who are joining the Office of * from a different state location within the country, and relocation is offered to them as part of their offer.

Entitlement:

One-way travel for self and family (spouse, dependent children, and dependent parents) restricted to II AC or equivalent.

Reimbursement of freight forwarding charges (by road/train), packing, and transit insurance expenses, subject to a maximum of Rs. 30,000, against the production of bills.

New joining employees will be given Rs1500.00 per day for 7 days during which the employee is required to identify a house as per their requirements. Finalization of the guest house/hotel accommodation will be done by the administration coordinator based on the inputs from the HR department. Transfer-related expenses would be debited to the concerned function.

a) The allowance is payable only after completion of two months of service with the organization.
b) The allowance needs to be submitted within 4 months from the date of joining.

In addition to this, senior employees in Band C and above will be entitled to one-way air travel for self and family (spouse, dependent children, and dependent parents) by the shortest route. (That is, if you plan to go to Delhi from Kolkata, you are supposed to buy a non-stop ticket from Kolkata to Delhi). No stopovers or detours will be allowed.

Also, Band C and above are entitled to 2 days off as relocation leave.

This policy is for domestic relocation.

Thank you,

Geeta