Employee Relocation Agreement Template for New Zealand

This document is a comprehensive Employee Relocation Agreement governed by New Zealand law, designed to formalize the terms and conditions under which an employer provides relocation assistance to an employee. It encompasses various aspects of the relocation process, including financial support, logistics, temporary accommodation if required, and any tax implications under New Zealand taxation laws. The agreement ensures compliance with New Zealand employment legislation, including the Employment Relations Act 2000 and related regulations, while providing clear guidelines for both parties regarding their rights, obligations, and the extent of relocation support provided.

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What is a Employee Relocation Agreement?

The Employee Relocation Agreement is essential when a company needs to facilitate an employee's move to a new location for work purposes within New Zealand or internationally. This document is typically used when an employee accepts a position that requires relocation, is being transferred to a different office, or is taking on a new role in another location. The agreement details all aspects of the relocation support, including financial assistance, moving expenses, temporary accommodation if necessary, and any tax implications. It ensures compliance with New Zealand legislation, including the Employment Relations Act 2000, Privacy Act 2020, and Income Tax Act 2007. The document provides protection for both employer and employee by clearly outlining expectations, obligations, and the scope of relocation assistance, helping prevent future disputes and ensuring a smooth transition to the new location.

What sections should be included in a Employee Relocation Agreement?

1. Parties: Identifies the employer and employee entering into the agreement

2. Background: Explains the context of the relocation, including the employee's new role and location

3. Definitions: Defines key terms used throughout the agreement

4. Term and Effective Date: Specifies when the agreement begins and ends

5. Relocation Benefits: Outlines the core benefits and support provided for the relocation

6. Expenses and Reimbursement: Details which expenses will be covered and how reimbursement will be processed

7. Employee Obligations: Sets out what the employee must do to comply with the agreement

8. Employer Obligations: Describes the employer's commitments and responsibilities

9. Repayment Provisions: Explains circumstances where the employee might need to repay relocation costs

10. Tax Implications: Addresses the tax treatment of relocation benefits

11. Confidentiality: Requires parties to keep the terms of the agreement confidential

12. General Provisions: Contains standard legal clauses including governing law, entire agreement, and amendments

What sections are optional to include in a Employee Relocation Agreement?

1. International Relocation Provisions: Additional terms specific to international relocations, including visa support and overseas allowances

2. Temporary Accommodation: Terms relating to temporary housing arrangements if provided

3. Family Support: Additional provisions for relocating family members, including education support

4. Property Sale/Purchase Support: Terms relating to assistance with selling existing property or purchasing new property

5. Storage Arrangements: Provisions for temporary storage of household goods if required

6. Return Relocation: Terms covering potential return to original location if assignment fails or concludes

7. Cultural Support: Provisions for cultural training or support in case of international relocation

8. Vehicle Allowance: Terms relating to transportation or vehicle support in the new location

What schedules should be included in a Employee Relocation Agreement?

1. Schedule 1 - Relocation Benefits Summary: Detailed breakdown of all financial benefits and allowances

2. Schedule 2 - Approved Relocation Expenses: Comprehensive list of expenses eligible for reimbursement

3. Schedule 3 - Timeline and Key Dates: Schedule of important dates and deadlines for the relocation process

4. Schedule 4 - Approved Service Providers: List of authorized moving companies, real estate agents, and other service providers

5. Appendix A - Expense Claim Form: Template for submitting relocation-related expenses

6. Appendix B - Tax Declaration Form: Required tax documentation for relocation benefits

7. Appendix C - Temporary Accommodation Details: Specific details about any temporary accommodation arrangements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

New Zealand

Publisher

Genie AI

Cost

Free to use

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