Progress in technological development and communication has had a profound influence on our lifestyles, reshaping cultures globally. How we do business, education options, how we’re entertained and the manner in which we socialize are behaviors that have undergone a restructuring due to technological advancement.
Q: I’m so excited. I just got a job offer and in addition to the agreed upon salary they’re also offering me $3,000 for moving expenses. But there is a catch. They’re referring to this as a no-interest “forgivable loan”, a third of which would be forgiven for each year worked. So, as long as I stay with the company for three years, I don’t owe them anything. I’ve never heard of this. Is it legit?
Thinking of moving to the big city to pursue a bigger paycheck? Or perhaps you’re dealing with employees who intend to do so? While it’s true that employers in major metropolitan areas tend to dole out higher wages, new research shows that increased spending power might not come along on the trip.
Assisting Relocating Employees with Their Finances
Study: Technology Can Improve Relocation Programs
Relocating to a new city can be a very stressful experience for employees, especially if they have never lived in the country they are moving to. It can also be very expensive for companies, with major repercussions on budget and productivity.
