RELOCATION PAY Sample Clauses
The Relocation Pay clause defines the employer's obligation to provide financial assistance to an employee who is required to move to a new location for work purposes. Typically, this clause outlines what expenses are covered, such as moving costs, temporary housing, or travel expenses, and may specify limits or conditions for reimbursement. Its core function is to reduce the financial burden on employees who must relocate, thereby facilitating workforce mobility and ensuring that employees are not deterred from accepting necessary transfers or assignments due to personal cost concerns.
RELOCATION PAY. Non-disciplinary geographic relocations for the convenience of the Department which are lateral or promotional and not for filling vacancies in which an employee is exercising RIF rehire rights, or being filled primarily for the convenience of the employee, shall be eligible for up to three thousand dollars ($3,000) reimbursement of actual expenses, not to exceed thirty thousand dollars ($30,000) per fiscal year, in the aggregate, for the following: Fees connected with the buying and/or selling of a house (points, legal fees, etc.); Security deposits; Newspaper advertisements regarding sale/rental arrangements; Moving van rental and associated moving costs; Any other expenses associated with the relocation that are mutually agreed to by the employee and the appointing authority. Any reimbursement under this Article shall be in lieu of all other reimbursement provided or required. Any reimbursed expense which is subsequently refunded, or accrued to the employee’s benefit, shall be repaid to the State by the employee.