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3 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Jury awards more than 200K in Rogue River dog-barking case, orders dogs debarked Alleged subscription scammers may be violating state restraining order Nearly 400 steelhead die in Applegate fish-trap failure Cat survives electric shock, 25-foot fall in Grants Pass Oregon Shakespeare Festival honored for preserving history Crime, Courts and Emergency Services Jury awards more than 200K in Rogue River dog-barking case, orders dogs debarked Alleged subscription scammers may be violating state restraining order Central Point police pull attempted theft suspect from prickly hiding spot Emergency services Boy likely saved mom from being murdered Politics and Elections Arthur I. Cyr: Britain’s earthquake election Former state Senate President Brady Adams dies Arthur I. 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Mangino: Shooting a fleeing suspect in the back Letters to the Editor, April 10 Guest Opinion: Conversion therapy on LGBT youth is child abuse Arthur I. Cyr: Britain’s earthquake election Editorials Our View: Emails contradict claims of Kitzhaber, Hayes Our View: All ethics reform bills should get a hearing Our View: Cheers and jeers Our View: No easy answers to Mexican refugee influx Our View: State income tax sharing run amok Letters to the Editor Letters to the Editor, April 10 Letters to the Editor, April 9 Letters to the Editor, April 8 Letters to the Editor, April 7 Letters to the Editor, April 6 Columns Matthew T. Mangino: Shooting a fleeing suspect in the back Guest Opinion: Conversion therapy on LGBT youth is child abuse Arthur I. Cyr: Britain’s earthquake election Kent Bush: Facebook isn’t going anywhere George Will: When everything is a crime Guest Opinions Guest Opinion: Conversion therapy on LGBT youth is child abuse Guest Opinion: Pot opponents have good reason for concern Guest Opinion: If Courtney kills bill, $15 minimum wage will go to the ballot Guest Opinion: Phoenix embraces Bee City USA designation Guest Opinion: Marijuana offers Oregon benefits, drawbacks Lifestyle Latest stories Steelheaders use social media to auction off a driftboat Hanging out at Hanging Rock Community blog: U.S. dietary guidelines change little with the times Religion briefs: Friday, April 10 Fishing Report: Friday, April 10 Food Community blog: U.S. dietary guidelines change little with the times Season Stepp: Try farmer’s market sunchoke in a creamy potato soup Page H. 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Auditions for youth musical set at Camelot Review: From past into present in OSF's 'Long Day's Journey' ‘A Dream of Red Pavilions’ at the Oregon Shakespeare Festival Music The Brothers Reed celebrate new CD 'Sick as Folk' Britt Festivals line-up kicks off June 6 Rhythm is on tap at the Northwest Percussion Festival Gene Burnett tonight at Liquid Assets in Ashland The Farr Side: No Zayn Malik? One Direction stays the course Community Events Ashland Co-Dependent Film Festival 2015 Pear Blossom Festival kicks off in Medford Ashland Independent Film Festival announces 2015 lineup Hip-Hop Poetry Open Mic at the Oregon Shakespeare Festival MailTribune.com rolls out new calendar Dining La Tapatia offers authentically delicious cuisine RESTAURANT INSPECTIONS: Sunday, April 5 The Laughing Clam in Grants Pass offers seafood-heavy menu Standing Stone owners to open Medford brewpub and restaurant Restaurant Inspections: March 29 Tempo Videos Classifieds Jobs Autos Real Estate FEATURED » Obits Blogs TV Listings Movie Listings Oregon Outdoors Oregon Healthy Living Special Sections Business Services NEWS NOW Jury awards more than 200K in Rogue River dog-barking case, orders dogs debarked ... Alleged subscription scammers may be violating state restraining order ... Nearly 400 steelhead die in Applegate fish-trap failure ... Jury awards more than 200K in Rogue River dog-barking case, orders dogs debarked ... Alleged subscription scammers may be violating state restraining order ... Nearly 400 steelhead die in Applegate fish-trap failure ... Dear Monty: How real estate relocation companies work By Richard Montgomery More Content Now MailTribune.com By Richard Montgomery More Content Now Posted Apr. 8, 2015 @ 12:01 am By Richard Montgomery More Content Now Posted Apr. 8, 2015 @ 12:01 am » Social News p bs:newslist StartDate="20121121" EndDate="p bs:datecalc Months="3"" DateSort="1" UseObjects="1" ObjectClass="81" Taxonomywords="2325,665" ExactTaxonomyMatch="1" Image="1" Count="4" --> Reader question: Your recent answer to the relocating employee caught my eye. I will be asked to accept relocation soon. My employer has no relocation benefit described in the company policy. Our HR director admits to limited relocation knowledge. Can you share more detail about the relocation process? Jonathan K. Monty’s answer: Corporations hold different viewpoints on how to manage relocation benefits. The employing company often has a relocation benefit in place that assists the employee both administratively and financially in making the move. The benefits can range from a lump sum program to a total cost protection environment. One possibility why your employer has no published policy is that the company internally negotiates with employees without the services of a relocation company at the time they offer the relocation. Other companies believe the benefits of utilizing a relocation company outweigh the benefits of internal management. Those benefits include specialized expertise to relocate families faster and more efficiently and that utilizing a relocation service frees internal employee(s) to focus on their core competencies at the company. While relocating employees is an expensive proposition, a well-managed program and smart policy can reduce relocation costs. The core benefit is a home purchase The employee sells their home in the old location to the employer allowing them to purchase a home in the new location. Here are descriptions of three popular programs to help the employee to the new location quickly and efficiently: REGULAR ACQUISITION - The corporation initiates the process through the relocation company by identifying a relocating employee. - A relocation counselor contacts the employee and explains the program. - Home value is established by appraisals averaged together to become the guaranteed buyout. - The employee attempts to secure a buyer that is better than the company offer. If they cannot, it triggers the guaranteed buyout. - The relocation company then manages the resale of the property to an “outside party buyer.” AMENDED VALUE SALE - The initial steps are similar to the Regular Acquisition program. - This program changes when the employee receives an offer. The relocation company matches the offer to purchase from the outside party buyer. - The employee accepts the amended sale and sells the house to the relocation company. - The relocation company then proceeds to resell the house to the “outside party buyer.” - If the offer from the outside party buyer does not close, the employee is not affected. BUYER VALUE OPTION (BVO) - Similar to the Amended Value sale, in that an offer from an outside party buyer sets the buyout price to the employee. - The relocation company purchases the property at the price offered by the outside party buyer and proceeds to resell the house to the outside party buyer and manages the resale of the property. - The BVO is dissimilar in that there are no appraisals or inspections performed on the property. - The employee is required to secure an offer to purchase from an outside party buyer, and it is that offer that is the basis for the sale price offered to the employee. There are other twists, programs and options. These examples are not offered simultaneously within a company. Will your company add relocation benefits? Employees being relocated have been known to convince their employer to add relocation benefits to the company benefits package. While incorporating such benefits is a management decision, there are instances where companies have done so. While many relocation companies require a set minimum volume to put a contract in place, other companies see small users growing into good accounts and will create a contract for one or two moves. It may take an effort to identify several potential relocation service companies. Perform an Internet search by typing “corporate relocation service providers” in the search bar to identify them. Impact of relocation on the economy There are many relocation companies, large and small, boutiques, specialty shops and more, that process over three-quarters of a million U.S. relocations annually. Like any other business, these companies are not created equal. According to Worldwide ERC, an industry trade association, the average cost to move an employee in 2013, depending on a variety of factors, is between $22,000 and $90,000. The capital flowing into the economy generated by relocations is spread over many types of businesses from van lines to furniture, landscaping and more. Richard Montgomery gives no-nonsense real estate advice to readers’ most pressing questions. He is a real estate industry veteran who has championed industry reform for over a quarter century. Send him questions at DearMonty.com. By Richard Montgomery More Content Now MailTribune.com By Richard Montgomery More Content Now Posted Apr. 8, 2015 @ 12:01 am » Comment or view comments /* $( document ).ready(function() { // Jquery mobile is trying to style the button and leaving a blank gry button on top of a white button $("#viafouracoms .vf-comment-controls li.vf-right").html(' Submit '); });*/ » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Stay Informed Email newsletter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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