Revisions were recently approved for Ohio University?s relocation expenses policy.
This policy provides flexible "compensation to employees for certain expenses of their relocation for employment at Ohio University." This compensation may cover the shipping of household goods, house hunting trips, temporary housing and travel and lodging at the time of a move.
Changes in the policy include increasing the maximum reimbursement amounts covered by the university for renters and homeowners and placing the responsibility of coordinating relocation compensation solely with University Human Resources. New employees with relocation expenses can now also be given a declining balance debit card for faster access to funds and ease of use.
According to Gwen Brooks, director of employment and recruiting, these changes give individual departments and employees more flexibility and faster access to compensation.
The revised policy also requires new employees to sign a relocation expense repayment agreement. This stipulates that, if an employee chooses to terminate employment or is terminated for cause within two years, he or she must repay all or part of these allocations based on the amount of time he or she has been employed at the university.
To view the full policy, visit http://www.ohio.edu/policy/41-111.html.