Will they stay or will they go? Toyota employees weighing pros and cons…

19 Апр 2015 | Author: | No comments yet »
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Will they stay or they go? Toyota employees pros and cons of relocating Torrance to Texas

Posted: 7:25 PM PDT | Updated: 1 week, 6 ago

To relocate or not to relocate. That#x2019;s the on the minds of thousands of Toyota across the South Bay.

The decision to build a new North headquarters in Plano, Texas. 3,000 employees of its U.S. and marketing headquarters in Torrance decide whether they to endure blistering summers in America or look for a new job in sunny-but-breezy California.

Toyota has created a that outlines the company#x2019;s and the benefits that employees can if they move. The carmaker is relocation packages that a $15,000 moving bonus and an trip to Plano, a suburb 25 north of Dallas. For those who opt Toyota is offering retention to keep people around the new facility in Texas is finished the next three years.

The cost of housing in suburban is 62 percent less than in the Bay, according to CNN Money#x2019;s of living calculator. But employees#x2019; lives are more likely to their decisions than offered by Toyota or the livability of vs. the South Bay.

Good for their children and jobs for spouses tend to be the most factors in an employee#x2019;s decision to according to a spokesperson from the Employee Relocation Council, a group that helps relocate workers.

The decision is less complicated for younger who can#x2019;t afford housing in California.

#x201c;I see it as a good said Toyota strategist Peterson, 37. #x201c;It#x2019;s a year now, so anything can happen. But at point, I would go. But that#x2019;s me single with no kids, so a much easier decision for

For older employees with working spouses or an aversion to in the high 90s, moving the country may not be a palatable option.

Some analysts say the move is a way for Toyota to shed expensive managers that have at the company, which has a reputation for its employees well and promoting often.

#x201c;It#x2019;s an organization gotten a little bit top-heavy,#x201d; Ed Kim, vice president of analysis at AutoPacific Inc, an County-based company that the auto industry. #x201c;What move does is afford an opportunity to thin out some of ranks.#x201d;

When Nissan Carson for Nashville, Tenn. in about a third of Nissan accepted offers to relocate. North America CEO Jim Lentz has he hopes to retain more that.

#x201c;We#x2019;re trying to as many people as we can,#x201d; told Automotive News in an Monday. #x201c;We have packages for everyone, and that#x2019;s not what happens.#x201d;

A 2013 by the Employee Relocation Council that employee relocations had 6 percent over the year The average cost to an employer to a home-owning employee was $92,000.

Whatever it ends up costing to relocate employees, the price tag be offset by a $40 million check the state-funded Texas Enterprise a reserve that Texas can use to sweeten deals with that move their to the Lone Star State. works out to more than per employee if one in three employees the offer to move, or the same that left with

Darryll Harrison was a 28-year-old specialist at Nissan when he to Nashville in 2006. Like he saw the move as an opportunity to grow and to save money living in a expensive region of the country.

But four years in Tennessee, he to Southern California.

#x201c;In I was glad I was able to experience Harrison said #x201c;The way of in Nashville is totally different. easier. I find myself in Los Angeles traffic missing how Nashville was.#x201d;

For those Nissan employees who follow their jobs to the transition back into the job was not always easy.

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#x201c;A lot of us reluctant freelancers,#x201d; former communications manager Dean said. #x201c;There are people landed at all the other car companies. left the industry. Some early retirement.#x201d;

Torrance Frank Scotto believes is going to have a difficult persuading people to relocate to middle of the desert.#x201d; He said the will do what it can to help who stay find a job locally. He to organize a job fair in the next months and another in a year.

unemployment in the city at 4.3 percent, the believes the city, or at least the Bay, will be able to the workers who stay. He#x2019;s more than a dozen since Monday from interested in leasing Toyota#x2019;s

#x201c;It#x2019;s absolute shocking to us there are so many companies for sites,#x201d; he said.

One advantage Toyota employees have is Nissan left town six months after its announcement. won#x2019;t close down its office for another three

Jane Nakagawa wishes had more time to decide she left her job as Nissan#x2019;s director of research in 2006.

#x201c;I realize how untethered I would she said. #x201c;Nissan had become a big part of my identify.#x201d;

The departure Nissan prompted some soul-searching for Nakagawa, who had worked at for 18 years. She began to reinvent as a freelance writer for the car information edmunds.com. The job allowed her to spend time with her daughter, who had entered high school. went on to work for an advertising and now runs her own marketing consultancy.

Nakagawa says she has an amazing with her daughter thanks to the flexible schedule she crafted leaving Nissan.

#x201c;It#x2019;s so corny, but everything for a reason,#x201d; Nakagawa said offering Toyota employees a of advice.

#x201c;If you choose to go to great. If you choose to stay in there is definitely life Toyota.#x201d;

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