Lump sum relocation benefits are a CFO's best friend. They make annual budgeting clean, clear, and predictable. But are they the best option across the board? Survey says...! No. Sometimes the lump sum amount is excessive, sometimes it's inadequate, and in all cases it puts important decisions in the hands of stressed-out employees whose competencies don't necessarily extend to an arena that's swarming with moving parts.
This article from HOMEZIE lays out the pros and cons of lump sum programs, offering a guide to decision-making with regard to whether to institute a program like this, and who in your organization it's most appropriate for.
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