Two-Location Comparison
A successful or an unsuccessful employee transfer often depends on a thorough understanding of purchasing power differences between the pre- and post-move locations. Runzheimer’s cost of living expertise positions us to help you effectively compare differences to determine financial assistance for relocating employees.
Runzheimer's Two-Location Comparison (RTLC) report is the industry standard for precisely measuring cost-of-living differences between any two locations in the United States and Canada. The comparison provides clear, defensible information to assist you in the following:
- Deciding whether or not to provide transferee relocation assistance payments
- Establishing payment amount
- Educating transferees on what to expect in the new location
Reports are customized to reflect your transferee's salary level, family size, and homeowner/renter status. Comparisons clearly illustrate differences between pre- and post-move locations related to housing expenses; transportation expenses; miscellaneous expenses; goods and services expenses; and federal, state/provincial, and local income taxes.