Graebel offers customized solutions to manage all types of lump sum payment programs, offering user-friendly features like debit cards and calculation/tracking tools.
And when we manage your lump sum program, your assignees will have access to the preferred pricing we’ve negotiated with our relocation-related service providers and enjoy discounts from dozens of national retail merchants. We’ll also advise the recipients about the tax implications of their specific lump sum arrangement.
In this situation, Graebel will manage the payment of the specific amount you’ve authorized. We’ll pay the recipient as soon as we receive your authorization, or we’ll manage the timing for you if you’ve already prefunded the amount to us.
Companies often choose to provide a relocation lump sum benefit that only covers specific services and activities. We’ll oversee that program on your behalf, using the funds you’ve provided us to either reimburse the employee for approved, documented expenses or to directly reimburse the service provider.