Did you know that many companies use corporate housing for their employees? When you think of corporate housing, you may think of small cabins in agriculture fields for working families. However, the definition of corporate housing has evolved into the twenty-first century.
Have you ever thought about using corporate housing if you travel a lot for your job or you want to live close to it? Here is a brief guide to corporate housing and how it can benefit your needs.
What is Corporate Housing?
The corporate housing definition refers to any type of housing that your job provides. Usually, it is fully furnished and you can stay in it for long periods, but there are also short term rental options available.
There are many types of corporate housing, but one of the most well-known forms is military bases and corporate housing. Many military families prefer to live on-base because they are close to work. They can also access services such as grocery stores and clinics at a discounted rate when they are also close by.
Some companies that have employees split their time between locations will provide corporate housing so the employee does not have to rent or stay in a hotel. You may have to sign a short term lease or agreement to use corporate housing that your company pays for.
Benefits of Corporate Housing
One of the biggest benefits of corporate housing is that you usually do not have to pay for it. You can rest easy knowing that you will have somewhere to stay without breaking the bank.
Another perk is that the units can come fully furnished. For temporary housing, it can seem like a waste of time to have to pick out furniture and accessories, especially when you split your time.
If you have to pay for your own corporate housing, you can often find competitive rates that rival those of hotels and AirBnbs. You can do an internet search and compare corporate housing companies to find something that works in your city.
Cost of Corporate Housing
The average cost of corporate housing is around 150 dollars per day. If this seems like a steep price, you should not have to worry. Most of the time, the company should cover your corporate housing costs.
If you take advantage of military housing, the cost will come out of your paycheck. It is usually less costly than renting outside of the base.
Is Corporate Housing Right for You?
Ultimately, it is up to you to decide if you want to use corporate housing when you get a new job. With this guide, you can determine if you want to move into corporate housing to enhance your career.
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