The Miscellaneous Expense Allowance (MEA) is put in place as an acknowledgement that no amount of planning, exceptional vision, or keen business foresight on the part of any business relocation management company can ever accurately predict how much money an employee in the midst of relocation may have to spend for unanticipated incidentals.
With that in mind, the Miscellaneous Expense Allowance isn’t simply a buffer suggested by a business relocation service to help corporations allocate monetary resources for employee relocation. It’s also a very useful tool, critical for the overall emotional well-being of an employee in the midst of a difficult relocation. Without having the nagging worry that some expenses will end up being paid out of pocket, newly relocated employees will arrive at their new location less stressed and ready to work.
In order to foster a productive, anxiety-free relocation for all parties involved, it’s critical for a business to encourage employees in the midst of relocation to use this allowance as they see fit, just as long as the expenses being paid for with the MEA fall under the category of “required” expenses. A business relocation services company can help a corporation establish these criteria so there’s no ambiguity or confusion.