Got the notice that i have to relocate but the distance so i am a qualifying event which contains displacement/severance. Question is when i decline continued employment about how long does it take to get the displacement letter from the time i am suppose to report to the new location?
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@ag, Wow. HR monitors this board don't they.
Accept the offer, and then use all the time they allow for relo if it's more than your severance would be.
Your offer letter for relocation should provide a date by which you have to provide a response. If you provide a positive response, the letter should indicate how you'll be compensated for your move and provide a date in which you are expected to begin working from your future location.
Here's what happens if you decline the offer to relocate - The letters normally indicate that you will be assigned to an upcoming displacement date. Your line of business knows what that date is, but they're generally not included in the letter as the letter is not supposed to serve as official notification of displacement; which can trigger warn. So your displacement timeline is generally communicated at a later date.
You should be aware that if you do accept the offer and relocate to a new city, there's no guarantee that your job will not be impacted at a future date due to something other than location strategy (such as business strategy changes, efficiency actions, or AI staff reductions). In addition, there's no permanent guarantee that your line of business will maintain your future City as a core market forever. There have been scenarios where individuals relocated to a future city and the line of business, subsequently declassified that market as a core market , which resulted in another round of future displacements due to location strategy. In that scenario, the company does not move you back to your old location.
Consider all these factors plus your personal situation and the needs of your family before making such an important decision. Best of luck to you
Did you get option to commute?