![]() So consult with an accountant or other qualified tax preparer. This is the most complicated question to answer. Or you may gain or lose a required minimum number of paid sick days depending on the jurisdiction where you relocate.Īlso, if there are any changes to your paycheck when you move, that will change how much you receive in matching contributions to your 401(k) since they’re based on a formula tied to your earnings. Instead those days are considered earnings that can accrue and must be paid to you when you leave your job. Your paid leave benefits may change, too – for better or worse depending where you’re going.įor instance, California doesn’t allow employers that offer paid vacation days or paid time off to impose a “use it or lose it” policy as many states do. That could mean you need to go on a public exchange or your employer may come up with another option. Or it may be that none of the insurance plans offered by your employer are available in your new state or region because your company doesn’t do business there. ![]() You may have to switch to another plan offered by your employer if the insurer you have now doesn’t offer coverage in the state where you’re moving. ![]() State and local laws regulate many benefits that employers provide. That’s because your employer has to compete with companies everywhere for your services. ![]() Where it is more expensive, you may get paid more.īut if you have a nationally competitive job and one that doesn’t necessarily require you to be at a fixed location, there may be a much smaller difference in your pay than you’d expect, Rahman said. So if you move to a less expensive locale where labor is cheaper, you may get paid less. How much you are paid will depend in part on the cost of labor where you choose to live, said Tauseef Rahman, a partner specializing in compensation strategies at the HR consulting firm Mercer. So it may not want to let everyone scatter to the wind now. Or you may work for an employer that simply wants the staff back in the office as soon as it’s safe to gather in large groups again. “Not all employers will be willing to let employees work out of state because it may mean additional obligations on their part,” said Katie Brennan, a knowledge advisor at the Society for Human Resource Management. Photo-Illustration: Getty Images/Max Pepper/CNNĩ0% of employers say working remotely hasn't hurt productivity If you move someplace where your company doesn’t have employees or satellite offices, it may have to incur greater administrative and tax burdens to satisfy its legal duties as an employer. No matter how cool your company is with you working from home, that doesn’t mean it will be fine with your home being anywhere. Will my company even let me work somewhere else? Or you might just want to move someplace cheaper or less crowded.īut if you’re eyeing a move to another state or region, factor in how that may affect your job, your pay, your benefits and your taxes.īefore calling the movers, here are four questions you’ll want answers to from your HR and benefits department as well as from a professional tax adviser. Or you’d like to relocate someplace where you can hike or surf. If you’ve been working from home for the past six months, you may be ready for a change of scenery and may be entertaining the idea of moving.Īfter all, if you don’t have to be tethered to your office, maybe you prefer to be closer to family (more babysitting!).
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