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Relocation Expense vs Signing Bonus

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In my defense I haven’t sought a new “job” in almost 14 years.  I’ve written before about how off my resume was at the beginning of this one and Faye from LeapofFaye.com jumped in and saved the day.  And really, truly it was saving the day…I think to date I’ve had 8 first interviews for what I thought were ideal jobs.  I count myself blessed with every single call I get from an application or recruiter.

But now I think, rather hope, I am coming to the end of several application processes…multiple interviews done, references checked and reviewed,  interviews with CTOs done…etc. etc.  What I haven’t been prepared for were questions regarding “What do you expect?”

I mean I’m good with my salary requirements question…and throwing in the request for a full benefits package, that’s coming pretty naturally.  The thought of a paid day off, a paid vacation, well, that’s what dreams are made of!

But what other requirements do I have…and thus we come to Relocation Expenses vs Signing Bonus.  I’ve pretty much been clear with companies that if I need to relocate…well, they have to pay for it.  And then I was told this…

  1. Relocation Express – A budget is set at the beginning of the process, but I have to cover the costs upfront and then be reimbursed.
  2. Signing Bonus – Paid up front but taxed upfront, possibly at a high tax bracket?

So my question…what are your thoughts, have any words of wisdom for me on this front?

Relocation Expenses vs Signing Bonus – which would you choose? Pros and cons of each?  Any words of wisdom greatly appreciated!