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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!


How Do You Write about Money…

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It’s very hard to write about money and paying off debt when you don’t have any money to pay off debt.  And I’m certain we don’t want to turn Blogging Away Debt into Hope’s Job Search.  So there is the challenge I face as I continue to try to write.

Thus, the goal of “finding” some money to not only sustain us while I job search but to also, maybe continue at least paying the minimum debt payments.

So I’m back to finding more things to sell and even downsizing even more.  Prior to the job loss, we were DEFINITELY moving in April so I had a timeline to digitize all my files, update all my scrapbooks and trash the duplicate pictures and finish going through our limited items in storage.  Now that timeline has been moved up since we may move sooner than that depending on what happens with a job for me.

As I’ve been cleaning things out, I’ve found even more items to sell and some or hopefully all will bit a bit more on the valuable side.  The problem…I’m not sure where to sell these items or if I just got the ebay route…how to price them.

So here’s what I’ve collected thus far:

  • Soft sided luggage in like new condition (have a 6 piece set but we really only use the smaller pieces so have 2 large pieces)
  • Care Bears in like new condition (the old pose-able ones)
  • Antique cameras – about a 1/2 dozen of them
  • Some collectible memorabilia which frankly I have no idea where it came from
  • Antique silver ware set that was either my great-grandmothers or even older than that

So I’m going to do some digging this week to figure the best place and price to start selling some of these more unique items.  I’m also working on crafty presents for our homeschool co op teachers, family presents and even some for the kids.

I’m grateful for these ‘chores’ to work on.  They help me feel like I’m still being productive, although the bulk of my time is being spent on networking and job search.

Two more phone interviews yesterday….and several last week.  I’m keeping my fingers crossed that the right opportunity comes along and that I make good decisions in the mean time.


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