Guidance from Oasis Corporate Housing Helps Lump-Sum Recipients Stretch Their Dollars

TAMPA, Fla., Oct. 23, 2014 /PRNewswire/ -- With more companies offering relocating employees a lump-sum payment instead of a full-service package, Oasis Corporate Housing is launching a service to help recipients manage their move.

Logo - http://photos.prnewswire.com/prnh/20141022/153798LOGO 

"Lump-sum payments for relocating employees creates challenges for them and an opportunity for us to solve these challenges," says Steven Frey, president of Oasis Corporate Housing. "With the cost of a full-service move continuing to rise, companies are cutting relocation expenses by using lump sums. These payments allow employees to decide how to spend the money. Our program, the first in our industry, allows them to tap our expertise so they can make the most of their check."

With relocations expected to continue at the same or higher rates, more firms are using or considering lump-sum payments for the entire move or for parts of the move that were historically included in a full package.

"While lump-sum payments are used by some companies for all people relocating, often it is being offered to those with the least experience with relocations – new hires and less senior managers," said Frey. "Assistance from Oasis can smooth the move so employees can focus on work when they arrive at the new location.

"In addition, employers offering Oasis' services help employees feel appreciated, a benefit often lost with the rise of lump-sums," added Frey.

Frey acknowledged that people have different needs. One employee may need to find a new home and have it furnished.  Another might be able to move his or her furnishings and needs an unfurnished apartment.

"Lump-sum payments give people the opportunity to look at all the components that go into a move and make their own decisions about where to spend money, what they can manage and what they need help managing," said Frey. "Our service allows them to pick from five tiered packages to meet five different budget levels."

The new service, called ApartTiers, is available by calling 1-800-578-0256 or visiting www.oasiscorporatehousing.com.

Oasis Corporate Housing, based in Tampa, offers housing in 39 states in the United States and in 19 other countries. It also provides housing near many American military bases. Oasis provides housing that includes furniture; décor; linens; housewares; phone, cable, Internet and all utilities at lower costs and more comfort than a hotel. Information about the company and its services is available at (800) 578-0256 or by clicking on http://oasiscorporatehousing.com/pages/contact_us.

Doug Fenichel, APR
In-House Public Relations
(201) 575-1538
Cell (973) 769-0688

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/guidance-from-oasis-corporate-housing-helps-lump-sum-recipients-stretch-their-dollars-227525919.html

SOURCE Oasis Corporate Housing