Relocation Agreements: Drafting, Negotiation, and Legal Issues

Summary

This practice note addresses key issues and drafting strategies concerning relocation agreements. Employers often relocate employees to meet their business needs, respond to trends, and remain competitive. Many employers have corporate mobility programs and policies that allow them to identify top talent, place them strategically throughout the organization, and offer relocation incentives. To protect its sizeable investment, employers usually require employees to sign relocation agreements in which the employee agrees to pay back all or a portion of the employer's expenses if he or she resigns within the time frame set forth in the agreement.