Relocation will only be offered to those
candidates moving to the greater Waterbury area from outside
of CT and more than 50 miles from Saint Mary’s.
Relocation will be offered to candidates who have signed and
returned an offer letter and will not be paid until after their
employment has commenced. All relocation expenses will require
the presentation of original supporting documents.
Payment may not exceed $5,000.00. In the case of Canadian
or other foreign nationals reimbursement may not exceed $4,000.00.
Reimbursement will be limited to:
One interview trip for the employee and one house
hunting trip for the employee and spouse not to exceed
a total of 5 days.
Actual cost of shipping /trucking of personal belongings
and household goods or the cost of truck rental from home
location to CT.
If renting an apartment, condo or house, a security deposit
equal to one months rent and not to exceed $1,000.00
If purchasing a condo or house reimbursement of closing
costs up to $1,000.00
Other Provisions
Expenses of the employee and/or their immediate family incurred
after arriving in the Waterbury area are the responsibility of
the employee.
All documents must be submitted within 30 days of the employees
start date and must be accompanied by a signed copy of the relocation
agreement.
All relocation reimbursements will be
reported on the employee’s
W2. Expenses considered qualified by the IRS will be shown as
pre-tax income.
Repayment of Relocation Assistance
Should an employee for whom relocation assistance is provided
not be employed by his or her own choice, for a period of at
least two years, repayment based on the following schedule will
be required.
100 % if employed less than 6 months
75 % if employed at least 6 months but less than
12 months
50 % if employed at least 12 months but less than
18 months
25 % if employed at least 18 months, but less
than 24 months.