Lump Sum Calculator
Lump Sum payments are a popular option for financing employee relocations but can come with their own set of challenges to manage. One of the most common challenges companies face when utilizing lump sums for relocation is determining the right lump sum amount to offer their relocating employees. How much is enough? How much is too much? That is why we are happy to offer our lump sum calculator free of charge to help your firm better plan and budget for your corporate relocations.
Our Lump Sum calculator is super easy to use. Simply select the appropriate amount for each attribute for a given employee relocation from the drop down menu. Once you have done that, the calculator will show you the lump sum amount needed to finance
the move.
Lump Sum Allowance Calculator
Calculation Values
Results
Status
Family Size
Distance
Disclaimer: this lump sum calculator is basic in nature and is only meant to act as a guide. Please contact Bobbi Maniglia for any questions regarding your relocation policy or benefits by emailing Bobbi.Maniglia@northAmerican.com
Another challenge that comes with utilizing a lump sum relocation program is determining just how much to gross up your employees to make up for their increased tax burden. Click here (ADD LINK TO GROSS UP CALCULATOR) to access our free gross up calculator to learn exactly how much to gross up your relocating employees.