What are the Common Packages offered by IT Companies

1. What are the Common Packages offered by IT Companies? Packers and Movers in Chennai 12/18/2021 LogisticMart Shalini Bajaj

2. Summary: In the current scenario of the IT companies, there are many companies that are treating their employees as extended family and providing them the best facilities as much as they can. Here, this also includes the relocation packages that are highly common in cities like Chennai, Mumbai, and Delhi etc. These smart companies also have certain policies for the bandwagon of the relocation process for their employees with the help of the packers and movers in Chennai. Here, you need to ponder over the certain relocation packages and the types of relocation that you can avail of from the company. All you need to ponder over the given types of home shifting process: •Direct billing system •Lump sumsystem •Reimbursement system •Third-party relocation system •Expatriation assistance system

3. Now, let us discuss in detail: •Direct billing system: It is the first and the main is the transferring system that includes the direct payment for the moving company and the cost of the selling of the current home that will help the employee and his family also. This is the most prevalent system of relocation in Chennai. People are availing of this more. •Lump sum system: It is the set of the amount that will be paid to the moving companies directly along with the other petty expenses of the relocation. For the tax purpose, the Indian government will count this as the income and hence it is obviously taxable. This will be counted as the full payment of the cash to the moving company that will conduct the process of the home shifting in the new city. •Reimbursement system: Under this system, the employee will pay the entire amount of the packers and movers in Tambaram. It requires evidence that the employee has paid the amount to the movers and packers in this to another city so that the company will reimburse the amount of relocation to the bank account of the employee after the proper relocation to the final destination. But, there is a set limitation till which the company will credit the amount to the bank account of the employee otherwise, the company will not pay the rest of the amount.

4. •Third-party relocation system: In the scenario of the current era, this is the type of relocation where the real estate or the rental expenses of the relocation will be outsourced from the third party that will further coordinate with the comprehensive service providers and further they will take care of the overall relocation of the employee. This includes spousal employment, storage of the household goods and the existing residence etc. •Expatriation assistance system: It is the best additional relocation assistance for the employees used by the Multi-national companies for the employees that are relocating from the Indian state to somewhere outside the country. This covers the benefits of the visa and the new school for the children of the employees and getting the new house expenses. The company will pay all the expenses for the sake of their employees. Here, the employee will be in a benefit that you will be receiving the promotion, appraisal and the foreign residing expenses from the company. You should never leave such companies that are so supportive of you in terms of relocation system. Conclusion All in all, you would need to ponder over the above-mentioned points for the relocation packages enlightenment. If you want to hire the best and reliable packers and movers in your city then you need to give us a call at the toll-free number or you can shoot an email at the official email id. Contact Details: LogisticMart SriHari Enterprise Old No:14, New No:04, West Avenue, Off Station View Road, Kodambakkam, Chennai - 600024, India Helpline: Toll Free : 1800-102-9655 Write to Us: Email : contact@logisticmart.com Web Address: Website : https://www.logisticmart.com/pune/packers-and- movers