EX-10.29 4 dex1029.htm EMPLOYEE RELOCATION POLICY Employee Relocation Policy

Exhibit 10.29

Ceridian

 

      
  Effective 7/08      EMPLOYEE RELOCATION POLICY
      

 

Intent  

   Ceridian will provide financial and other assistance to employees who are required to relocate for a specific business need.
 

Eligibility  

   Contact your Human Resource Consultant for eligibility guidelines.
 

Practice  

  

•        When relocation is approved, managers may offer one of several relocation assistance packages. These packages vary according to eligibility requirements. Ceridian contracts with an outside vendor to provide these services.

 

•        Managers are responsible for obtaining the necessary approvals and communicating the appropriate relocation assistance package to the recruiter or employee.

 

•        Relocation assistance packages are not intended to cover every expense associated with relocation. Therefore, the employee may experience some personal financial loss as a result of the relocation.

 

•        If an employee terminates for any reason (other than work force reduction), within 12 months from the new job start date, the employee is obligated to remit to the company all or part of those relocation moneys received as reimbursement within the 12 month period. Remittance is required in the amount of one-twelfth for each of the twelve or fewer months remaining after termination in the first year of the new job. For example, an employee who terminates six months from the new job start date is forgiven six twelfths or one-half of all relocation costs incurred, but is required to remit the balance. The employee agrees that any balance owed to the company will be withheld from their wages, commissions, PDO balance or any other amount due the employee if it is not paid immediately before termination by the employee.

 

•        Employees are responsible for ensuring expenditures are reasonable and customary. Ceridian reserves the right to deny reimbursement for expenses that are not considered reasonable and customary.

 
   Human Resources reserves the right to modify this policy as dictated by business needs.
 

Process  

  

•        Management obtains written relocation approval via e-mail from senior management and forwards approval to Human Resources Consultant and recruiter.

 

•        After receiving approval, management or recruiter communicates relocation policy to relocating employee.

 

•        Recruiter provides manager with Relocation Authorization Form and employee with Relocation Acknowledgment Form for completion and contacts Ceridian Relocation Administrator to initiate the relocation process.

 

•        Employee and manager return completed forms to recruiter who submits them to Relocation Administrator.

 

•        Staffing Coordinator, designated relocation contact, submits authorizations to MSI (third party vendor), who will contact the employee directly to discuss their relocation.

 

Reference  

  

Staffing Process

 

Relocation Authorization Forms


2008 RELOCATION ELIGIBILITY GUIDELINES

 

    

Tier 1

Sr. VP

E VPs

 

  

Tier 2

VP’s

Sr. Managers

DVP’s, RVP’s

Sr. Professional

Directors

 

  

Tier 3

Managers

Professional

 

  

Tier 4

Exempt

 

1.      Miscellaneous Allowance

   1 Month Salary   

1 Month Salary

($6k max)

VP (no cap)

 

  

1 Month Salary

($6k max)

  

1 Month Salary

($6k max)

     

2.      Household Goods Shipped

 

   Yes    Yes    Yes    No *
     

3.      Guaranteed Home Buyout/Home Sale Assistance

 

  

Yes

(renter—no)

  

No

(renter—no)

  

No

(renter—no)

   No
     

4.      Home Sale Closing Costs

   No (covered under # 3)    Yes   

No

(renter—no)

 

   No
     

5.**TravelEnroute Expense Reimbursement

 

   Yes ($1,500 max)    Yes ($1,500 max)    Yes ($1,500 max)    No
     

6.      Home Purchase Assistance—Closing Costs

 

  

Yes

(renter—no)

  

Yes

(renter—no)

   No    No
     

7.      Pre-Marketing Assistance

  

Yes

(renter—no)

 

  

Yes

(renter—no)

   No    No
     

8.      Lease Termination Fee

  

No

(renter—yes)

 

  

No

(renter—yes)

  

No

(renter—yes)

   No
     

9.      Tax Assistance

 

   Yes    Yes    Yes    Yes
     

10.    House Hunting Trip

  

Yes—4 day/3 nights (VP & above)

 

   No    No    No
     

11.    Temporary Living

  

Yes— up to 30 days

 

   Yes—up to 60 days    No    No

 

* MSI offers access to a variety of programs and services to employees for benefits not covered by Ceridian’s relocation policy. Discuss with your MSI relocation counselor or go online to www.mymobilitycenter.com

 

** This expense will be reimbursed separately from the miscellaneous allowance as these expenses are considered tax exempt by IRS regulations. Receipts required.

To ensure that employees receive all relocation benefits, it is very important that the employee consults with the MSI Relocation Coordinator before contacting a real estate agent. Failure to do this could result in lost benefits to the employee.

Revised 07/08