COMPENSATION & FINANCIAL SOLUTIONS
(Canada & U.S.):
These solutions are designed to assist the client determine and manage any financial assistance the employee is eligible to receive.
If the employee is moving to an area where housing is more expensive, an analysis is conducted to determine the value of the departure property if placed in a similar neighborhood in the new location. This value is then used to determine the financial assistance calculation.
Subsidy – Mortgage or Rental
RELONAT prepares the calculation of the subsidy in accordance with the client's policy and manages the program on the client's behalf.
Mortgage Rate Buy-Down Assistance (Canada only)
RELONAT counsels the employee with regards to this benefit, calculates the buy-down amount and arranges for payment to the financial institution.