Salary and offer/package questions - Part 2 - Page 14

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Salary and offer/package questions - Part 2 - Page 14


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  #131 (permalink)  
Old 31st August 2013, 12:15 PM
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Hi all

Im in early discussions of a package that will land us in Dubai and would appreciate an opinion

Family of 4
2 Children aged 12 and 14

Presently working as an IT director in the Netherlands
offer presented is Regional Director for a Storage and compute Company in Dubai



OTE 550950 (80% Fixed / 20% at risk)
Housing allowance 128555
School 91825 (both Children)
Car Allowance 26446
Health full covered


Annual return tickets for complete Family


Thanks in advance for taking the time to reply

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  #132 (permalink)  
Old 31st August 2013, 04:37 PM
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Very odd numbers. 550,950 = 45,912/month. Salary offers are usually rounded up.

Same with the housing allowance. 128,555 for a housing allowance compared to 125,000 or 130,000?

Or is your salary offer tied to the exchange rate with the Euro?

Anyway, even if you discount 20% off the base 550,950, (I'm assuming the other 20% is the bonus?) you're left with a salary of 440,760 or 36,730 per month (salaries are quoted by the month in Dubai).

Your housing allowance is on the low side and you'll probably want to top up on it from your base salary. You can find a decent villa in Mirdiff for 130K but if you want a slightly 'nicer' area such as Arabian Ranches you'll probably want to spend an extra 50K for rent.

The school fees are acceptable for two children but you will need to pay extra from your base salary if you want them at reputable secondary schools. 65K per child is about typical for a 'good' secondary school in Dubai.

All in all, your offer is fine but you will need to pay extra housing and schooling expenses on top of what's offered to you. But you will still have a pleasant life.


Quote:
Originally Posted by Marinos View Post
Hi all

Im in early discussions of a package that will land us in Dubai and would appreciate an opinion

Family of 4
2 Children aged 12 and 14

Presently working as an IT director in the Netherlands
offer presented is Regional Director for a Storage and compute Company in Dubai



OTE 550950 (80% Fixed / 20% at risk)
Housing allowance 128555
School 91825 (both Children)
Car Allowance 26446
Health full covered


Annual return tickets for complete Family


Thanks in advance for taking the time to reply

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  #133 (permalink)  
Old 31st August 2013, 05:09 PM
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TallyHo

Thanks for the reply

The amounts are based on USD hence the strange numbers
correct regarding the 20%

I figured the housing was a bit low, and will be asking to move it to 180K ish as the Ranches seems to be high on my wifes requirements

School not to worried about as the Boys are homed schooled

do you feel the car allowance is sufficiant for a Car and Fuel or should I be seeking a fuel allowance




Thanks again

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  #134 (permalink)  
Old 31st August 2013, 05:15 PM
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Quote:
Originally Posted by Marinos View Post
TallyHo

Thanks for the reply

The amounts are based on USD hence the strange numbers
correct regarding the 20%

I figured the housing was a bit low, and will be asking to move it to 180K ish as the Ranches seems to be high on my wifes requirements

School not to worried about as the Boys are homed schooled

do you feel the car allowance is sufficiant for a Car and Fuel or should I be seeking a fuel allowance

Thanks again
You have a car at home right? You had to buy it and fuel it yourself?
I wouldn't get all upset about not having a fuel allowance!
I think this is where the whole allowance scheme gets totally nonsensical.
All they are doing by putting transportation into a separate pot from salary is to help themselves, not you.
If you can get the overall total package increased, go for it, but don't get hung up on the individual allowances.

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  #135 (permalink)  
Old 31st August 2013, 05:20 PM
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True. The overall package value is more important and if you want to increase any component of it, it's the base as that's what the EOS gratuity is based on.

There's more to Dubai than the Ranches, by the way. I could never figure out why newcomers seem to head straight for the relatively soulless new communities on the outskirts of the city and ignore the charms of the slightly older but more amenable and centrally located communities along the coast such as Jumeira.

Quote:
Originally Posted by vantage View Post
You have a car at home right? You had to buy it and fuel it yourself?
I wouldn't get all upset about not having a fuel allowance!
I think this is where the whole allowance scheme gets totally nonsensical.
All they are doing by putting transportation into a separate pot from salary is to help themselves, not you.
If you can get the overall total package increased, go for it, but don't get hung up on the individual allowances.

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  #136 (permalink)  
Old 31st August 2013, 05:30 PM
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Quote:
Originally Posted by vantage View Post
You have a car at home right? You had to buy it and fuel it yourself?
I wouldn't get all upset about not having a fuel allowance!
I think this is where the whole allowance scheme gets totally nonsensical.
All they are doing by putting transportation into a separate pot from salary is to help themselves, not you.
If you can get the overall total package increased, go for it, but don't get hung up on the individual allowances.

Vantage

I would agree if I owned a car and had to fuel it
however Im lucky enough to have a Lease car and fuel card



As this a consulting role one can assume there will be a fair bit of driving invloved,
and as such I like see the seperation between what is a company based expense V personal as this affects the saving componet of the package


thanks for the input, all perspectives are appreciated

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  #137 (permalink)  
Old 31st August 2013, 05:39 PM
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Quote:
Originally Posted by TallyHo View Post
True. The overall package value is more important and if you want to increase any component of it, it's the base as that's what the EOS gratuity is based on.

There's more to Dubai than the Ranches, by the way. I could never figure out why newcomers seem to head straight for the relatively soulless new communities on the outskirts of the city and ignore the charms of the slightly older but more amenable and centrally located communities along the coast such as Jumeira.

Ranches is the most mentioned in respects to Families hence gravitating in the that direction
Will add Jumeira to the list


Thanks again

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  #138 (permalink)  
Old 31st August 2013, 06:23 PM
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Quote:
Originally Posted by Marinos View Post

Ranches is the most mentioned in respects to Families hence gravitating in the that direction
Will add Jumeira to the list

Thanks again
Agreed.
I live in Jumeira. I find the drive to visit people in the ranches a PITA.
Glad my commute is only 8 minutes!

If your role involves driving, you might check whether mileage is covered on expenses, rather than an allowance.

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  #139 (permalink)  
Old 31st August 2013, 06:49 PM
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Quote:
Originally Posted by vantage View Post
Agreed.
I live in Jumeira. I find the drive to visit people in the ranches a PITA.
Glad my commute is only 8 minutes!

If your role involves driving, you might check whether mileage is covered on expenses, rather than an allowance.
Thats a damn good idea thanks for mentioning it

Been checking out Jumeira looks like it has potential..............but the boss has to decide


Thanks again

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  #140 (permalink)  
Old 31st August 2013, 10:00 PM
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Quote:
Originally Posted by quiet View Post
Hello,

I'm offered 13k AED all inclusive, what do you think of it for a single, will I be able to save any?
It depends on how you live and how much you spend in housing, transportation and your life style.

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