Salary and offer/package questions - Part 2 - Page 12

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Salary and offer/package questions - Part 2 - Page 12


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  #111 (permalink)  
Old 27th August 2013, 01:49 PM
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You beat me to posting the link saraswat, took me a tad bit longer since I was trying to fish it out on my phone...

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  #112 (permalink)  
Old 27th August 2013, 07:05 PM
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Originally Posted by Naomi_16 View Post
Hi -

We have an offer for a position in Dubai, however there is currrently no relocation as part of that deal. Just wondering what people generally get offered for relocation, or re-establishment?

We prob will not ship our things, but rather set ourselves up over there. We are a married couple with 3 young children (5 years, 3 years, 8 weeks).

Just looking for a rough idea of how much setting us up furniture wise would cost.

Thanks!
A month of basic salary extra for setlling in is more or less standard I think.

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  #113 (permalink)  
Old 28th August 2013, 05:28 PM
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Originally Posted by fcjb1970 View Post
Number one start thinking all in AED. It is hard to comment on budgets when you have to convert all your numbers.

Again that breakdown does not mean anything except from the perspective of payout when you leave. I cannot imagine why you would want to pay in the range of 30% of your salary on rent for just you and your wife.

Do I think you could save $30K in a year if you had that package. Yes, I think it is possible, you can live very comfortable and still save that amount. If you want to drive a Merc, live in a stylish 2 bedroom place, go out for dinner and drinks and hit brunches regularly than I would say you won't hit those targets.
I have taken a stab at coming up with numbers in AED on a monthly and yearly basis assuming that rent can be taken as a yearly expense (even though you may pay in 2 or 4 payments). Items with an asterisk are considered a one time expense. The numbers for the car are based on buying it and includes the down payment and the potential monthly payments. I have attached my little spreadsheet as a.jpg attachment. I promise there are no viruses

As stated earlier, some of these expenses assume a one time charge like rent and furnishing the apartment (my rent estimate includes the 5% charge for that random fee). This is built around 2 people living a decent lifestyle (wife and I). My plan is to be initially in Dubai for 2 years and then think extension based on that experience. For those first two years, I have no plans on getting an expensive car or renting a villa. I don't spend much on drinks and prefer to eat at home.

Lastly, this is based on a package expectation of 460,000 AED yearly (38,333 AED monthly). This is inclusive of base and living allowance but leaving aside the bonus and end of service gratuity). My breakdown for base versus living allowance assumes that my base would be AED 312,205 (yearly) and my living allowance would be AED 146,920 (yearly).

Please review and let me know if I missed anything major in terms of expenses.

Feedback is welcome and appreciated.
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  #114 (permalink)  
Old 28th August 2013, 05:43 PM
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Ola boys and girls,

I received an offer from a company last week that was some way below what I was expecting.

I was expecting 300k and was offered 216k. I spoke to the recruitment officer who said she'd speak to the investors and get back to me. This was 6 days ago which seems like a long time ago for me now, is this normal?

6 days in between offer and counter offer seems like a long time. Its a new start up so there is a lot of work for them to do - but even so.... 6 days is a long, nervous wait.

Is this a common tactic with negotiating salaries in Dubai?

Negotiation is something I've never had to do here in the UK.


Any advice or opinions welcome.


Thanks expats.

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  #115 (permalink)  
Old 28th August 2013, 05:44 PM
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Originally Posted by ExArab View Post

I have taken a stab at coming up with numbers in AED on a monthly and yearly basis assuming that rent can be taken as a yearly expense (even though you may pay in 2 or 4 payments). Items with an asterisk are considered a one time expense. The numbers for the car are based on buying it and includes the down payment and the potential monthly payments. I have attached my little spreadsheet as a.jpg attachment. I promise there are no viruses

As stated earlier, some of these expenses assume a one time charge like rent and furnishing the apartment (my rent estimate includes the 5% charge for that random fee). This is built around 2 people living a decent lifestyle (wife and I). My plan is to be initially in Dubai for 2 years and then think extension based on that experience. For those first two years, I have no plans on getting an expensive car or renting a villa. I don't spend much on drinks and prefer to eat at home.

Lastly, this is based on a package expectation of 460,000 AED yearly (38,333 AED monthly). This is inclusive of base and living allowance but leaving aside the bonus and end of service gratuity). My breakdown for base versus living allowance assumes that my base would be AED 312205 (yearly) and my living allowance would be AED 146920 (yearly).

Please review and let me know if I missed anything major in terms of expenses.

Feedback is welcome and appreciated.
I don't think you missed major expenses, as you don't have children. You seem to be conservative on clothes, they are not really cheap here. If you already take the 5% rent fee in your apartment budget, you will probably spend less on DEWA. on the other hand you may have to include chiller charges, depending on the location you will chose to live.

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Old 28th August 2013, 05:53 PM
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You seem to be conservative on clothes, they are not really cheap here. If you already take the 5% rent fee in your apartment budget, you will probably spend less on DEWA.
Thank you for that feedback. The clothes piece was only for me. Ideally, I will ship them somehow via Amazon. US is the Mecca for shopping as far as I am concerned. If my wife wants to buy even more than she has then she'll have to get a job

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  #117 (permalink)  
Old 28th August 2013, 07:10 PM
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Originally Posted by matt87 View Post
Hey guys,

New to this thread and hope I'll be able to get some advice here.

I'm 26 years old, single and would be coming alone. The job I'm interviewing for is in the shipping industry, where I have about 5 years experience.

I have been discussing the position via a headhunter who mentioned the company's budget was AED 10-12,000 per month + housing/car etc. on top. He did however benchmark me to around AED 20,000 maybe more. Benchmarking from internet research puts me at 15-25,000 per month (huge spread, I know).

My current salary in Denmark is just over AED 20,000 gross per month (and we have taxes that make you go teary-eyed here)

I've been looking over this forum for possible budgets and have come up with this so far:

Food: 2,000 per month
TV/Internet/Phone: 1,000 per month (though should be covered by company)
Cleaning: 500 per month
Utilities: 500 per month
Savings: 3,000 per month
Clothing: 1,500 per month
----------------------------------------------
Total 8,500 per month

The question then becomes how much should I ask for in accommodation and car allowance.

The company's office is on Sheikh Zayed road. Ideally I am looking for a 1 bedroom apartment not too far away. and in a decent area. From what I can gather, I should budget 50,000-80,000 per year for this.

The car is the tricky part. If I were to drive one of those cheap white toyota's I see all over the place, I reckon it would cost me 3,000 per month. What's the next level after that? I would probably add some out of pocket to get a slightly better car.

Am I being realistic here? If so, I reckon the package I should be looking for to live comfortably is something alone the lines of:

Salary: 13,500+
Housing: 6.000+
Car: 3,000+
+ annual home leave
+ medical insurance

I.e. my "breaking point" for minimum gross salary should be AED 22,500 per month, and my market value should be closer to 29,000 per month.

Thanks very much for any feedback.

Depends on what position you are joining as. I have enough experience in the shipping industry to give you a benchmark basis the position.
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  #118 (permalink)  
Old 28th August 2013, 07:43 PM
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Depends on what position you are joining as. I have enough experience in the shipping industry to give you a benchmark basis the position.
Thanks.

It would be a chartering position, title would be chartering manager but no responsibilities for subordinates or anything like that.

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  #119 (permalink)  
Old 29th August 2013, 05:24 AM
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Thank you for that feedback. The clothes piece was only for me. Ideally, I will ship them somehow via Amazon. US is the Mecca for shopping as far as I am concerned. If my wife wants to buy even more than she has then she'll have to get a job
I think your numbers are realistic, and actually maybe in overestimates (which is good) for what you are considering. The thing that is missing, and it seems everyone does this, is what about big ticket items. I assume you will want to take some holidays while here, and maybe some long weekends to the other coast. Also those things like phones, maybe a new computer or iPad, a TV, etc. (you get the picture). Also what about normal weekend entertainment, dinner and a movie will easily set you back AED 300+ (without wine, in a good restaurant nothing fancy). Ski Dubai for two people AED 400...

And if you plan on shipping from the USA, this is also a substantial cost

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Old 29th August 2013, 10:50 AM
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Hi,

I am an Indian Male, MBA HR with 7 yrs experience in Human Resource sector (3yrs in Recruitment, 2.5 yrs in Generalist and 1.5 in SAP HR consulting) working with Indian MNC(Wipro Ltd) arriving Dubai end of Oct looking for a HR sector jobs. I currently draw 4lak per annum, have a 8lak per annum offer in hand, I am cutting short my notice period for a month to visit Dubai for a Job search.

May I know what would an ideal package I should ask for, as per my research I was told 15k-18k AED+benefits is the package given in MNC's in Dubai and if not it could be between 12k-15k AED+benifits for Non MNC's.

Is the above salary package information would be true. Please share your opnion.

Saraswat / Lordaragon / Asdfgh plz throw some light.

thx

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