Facebook new hire relocation package

Facebook offers a comprehensive relocation package to new hires who need to relocate for their job. The package is designed to make the transition as smooth as possible and to help new hires settle into their new role and location. Here are some of the benefits that Facebook's new hire relocation package typically includes:

  1. Relocation Assistance: Facebook provides a one-time relocation assistance payment to help cover the costs of moving, such as transportation, storage, and temporary housing.
  2. Moving Expenses: The company reimburses new hires for eligible moving expenses, including:
    • Transportation costs (e.g., airfare, rental cars, fuel)
    • Storage costs (e.g., temporary storage, packing materials)
    • Temporary housing costs (e.g., hotel stays, short-term rentals)
  3. Housing Assistance: Facebook offers a housing assistance program to help new hires find and secure a place to live. This includes:
    • A housing stipend to help with rent or mortgage payments
    • Access to a network of local real estate agents and property managers
    • Assistance with finding temporary housing during the transition period
  4. Travel and Accommodation: Facebook provides travel and accommodation assistance for new hires who need to travel to their new location for work-related purposes.
  5. Tax-Advantaged Reimbursement: The company reimburses new hires for eligible expenses using a tax-advantaged reimbursement program, which means that the reimbursement is not subject to federal income taxes.
  6. Support Services: Facebook offers a range of support services to help new hires adjust to their new location, including:
    • A relocation coordinator to assist with the moving process
    • A network of local contacts and resources
    • Access to employee benefits and services, such as health insurance and employee assistance programs

The specifics of Facebook's new hire relocation package may vary depending on the location, role, and other factors. However, the company is generally known for offering a comprehensive and supportive relocation package to help new hires make a smooth transition to their new role and location.