Transferees usually get enough money during the relocation process but they may want or need advice with the best way to use it, especially when moving to high-cost areas,” said Leslie Raetz, manager of worldwide real estate for General Motors. “Often, the first inclination of transferees is to buy more house in the new location which may not be the best course of action for their long-term financial goals. A move should involve a financial plan that looks ahead to the future, perhaps as long as 10 years, and considers college tuition and vacations in the mix.”
As for the amount of compensation for financial counseling assistance, about 4 percent would be willing to pay as much as $4,000 per transferee, nearly 10 percent would pay up to $2,000 and nearly 20 percent would pay either $1,500 or $1,000.
Free Lunch? Many CFOs Not Even Taking Lunch
Chief financial officers (CFOs) said that on average they work through the lunch hour a minimum of three days a week, according to a recent survey.
“Working through lunch is increasingly common for executives faced with greater responsibilities that must be managed with fewer resources,” said Paul McDonald, executive director of Robert Half Management Resources. “But too many hours spent without a break can take its toll on job performance.”
Robert Half Management Resources developed the survey. It was conducted by an independent research firm and includes responses from 1,400 CFOs from a stratified random sample of U.S. companies with more than 20 employees.
