View brochure
When relocating employees, ensure you’re paying them appropriately. The Employee Relocation Calculator allows you the benefit of using both the Cost of Living calculator (previously the Domestic Relocation Cost Comparison) and the Lump Sum calculator.
The Cost of Living calculator report provides you a detailed look at cost differentials for over 11,000 US cities across five key expenditure categories – housing, utilities, property tax, personal tax, and goods and services. Organizations can utilize the results of this report to determine the total cost of living differential from one US location to another.
Mercer’s Lump Sum calculations help organizations determine the appropriate lump sum distribution for employee relocation needs. The calculator can be customized based on your organization’s policy, or employers can use Mercer’s standard assumptions, which are derived from Mercer’s best-in-class mobility data.
Our Employee Relocation calculator is an easy to use, online tool with 24/7 access, with instant calculation results, ability to toggle between calculators based on specific employee situation, and is essential for any domestic relocation program.
How our calculators can help:
| Cost of Living Calculator |
| Problem |
Solution |
| Need to reference past calculations |
All calculations are saved and can be referenced at any time |
| I have a last minute move and need instant results |
Accessibility is 24/7 with immediate results |
| We have remote locations and can’t get data from other vendors |
Our tool provides data for over 11k locations and allows custom locations to be created |
| Our organization sends employees to areas with high cost of living
|
Make informed compensation decisions with the output that shows differences in cost of living between both locations |
| Lump sum calculator |
| Problem |
Solution |
| Need calculations for different employee levels and circumstances |
The tool offers a custom allowance section where you can change the inputs based on the employee level and situation |
| I want to run a calculation where certain components are industry standard along with custom components |
The user can select custom inputs as well as the option to follow Mercer standard assumptions for each separate component |
| We need to run industry competitive lump sum calculations and not sure where to start
|
You can select the Mercer standard assumptions which is based on industry competitive practice in creating a lump sum |