Relocation Packages..Advice Needed Please!
#1
Forum Regular
Thread Starter
Joined: Jul 2005
Posts: 30
Relocation Packages..Advice Needed Please!
Hello
I have just received my contract for a job in Sydney and whilst the company are paying relocation and visa cost (they are sponsoring me so I'll get a 4yr business visa), there is a clause stating that if I leave the company within 12months I have to repay all these costs? Does anyone else have experience of this and if so is this fairly standard procedure? I would presume it is but thought I'd check with all those more knowledgeable on such things?!
Also, does anyone know whether in such cases my visa would be linked to the company, i.e. if I left them I would have to leave Australia or are there ways around this?
All advice appreciated..many thanks
I have just received my contract for a job in Sydney and whilst the company are paying relocation and visa cost (they are sponsoring me so I'll get a 4yr business visa), there is a clause stating that if I leave the company within 12months I have to repay all these costs? Does anyone else have experience of this and if so is this fairly standard procedure? I would presume it is but thought I'd check with all those more knowledgeable on such things?!
Also, does anyone know whether in such cases my visa would be linked to the company, i.e. if I left them I would have to leave Australia or are there ways around this?
All advice appreciated..many thanks
#2
Re: Relocation Packages..Advice Needed Please!
Hi Sarahjane
My husband has a similar contract and he has to pay back all expenses if he leaves within the first year and half back if he leaves in the second year. However, if he leaves or looses his job he then has 28 days to find another compnay to sponser him.
We are planning on appying for PR just in case this situation arrives.
Hope this helps
Tracey
My husband has a similar contract and he has to pay back all expenses if he leaves within the first year and half back if he leaves in the second year. However, if he leaves or looses his job he then has 28 days to find another compnay to sponser him.
We are planning on appying for PR just in case this situation arrives.
Hope this helps
Tracey
#3
Re: Relocation Packages..Advice Needed Please!
Originally Posted by tracey brien
Hi Sarahjane
My husband has a similar contract and he has to pay back all expenses if he leaves within the first year and half back if he leaves in the second year. However, if he leaves or looses his job he then has 28 days to find another compnay to sponser him.
We are planning on appying for PR just in case this situation arrives.
Hope this helps
Tracey
My husband has a similar contract and he has to pay back all expenses if he leaves within the first year and half back if he leaves in the second year. However, if he leaves or looses his job he then has 28 days to find another compnay to sponser him.
We are planning on appying for PR just in case this situation arrives.
Hope this helps
Tracey
I was with the company on a 457, we managed our PR personally after 1 year here, and I left the company after 3 years (they didn't ask for the 25%, but that might have been because we had been bought out by Oracle).
In terms of the money we got, even making sure we had it saved to pay back (we didn't) it could have worked out as a very effective loan.
As for leaving the country, yes 28 days without a sponsor as Tracey states - also read the thread at the start of this page - it could be frightening!
Cheers
#4
Re: Relocation Packages..Advice Needed Please!
Originally Posted by SarahJane
Hello
I have just received my contract for a job in Sydney and whilst the company are paying relocation and visa cost (they are sponsoring me so I'll get a 4yr business visa), there is a clause stating that if I leave the company within 12months I have to repay all these costs? Does anyone else have experience of this and if so is this fairly standard procedure? I would presume it is but thought I'd check with all those more knowledgeable on such things?!
Also, does anyone know whether in such cases my visa would be linked to the company, i.e. if I left them I would have to leave Australia or are there ways around this?
All advice appreciated..many thanks
I have just received my contract for a job in Sydney and whilst the company are paying relocation and visa cost (they are sponsoring me so I'll get a 4yr business visa), there is a clause stating that if I leave the company within 12months I have to repay all these costs? Does anyone else have experience of this and if so is this fairly standard procedure? I would presume it is but thought I'd check with all those more knowledgeable on such things?!
Also, does anyone know whether in such cases my visa would be linked to the company, i.e. if I left them I would have to leave Australia or are there ways around this?
All advice appreciated..many thanks