Salary and offer/package questions - Part 2 - Page 57

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Salary and offer/package questions - Part 2 - Page 57


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  #561 (permalink)  
Old 10th December 2013, 11:07 PM
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Default Salary offer

Hello everyone,

I have a potential job opportunity with the following package to be agreed

420k AED per year
250k AED potential bonus per year
40k car allowance per year
200k housing allowance per year
Medical and dental insurance
1 x return flight per year to UK
30 days leave per year

IT / Telco sector, I'm single, no family or wife etc

Is this a decent package to live and work in Dubai and save some money each year?

Comments and feedback would be appreciated
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  #562 (permalink)  
Old 11th December 2013, 01:13 AM
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Not quite sure what kind of reply you expect. I am sure you know very well that that is a lot of money for a single person. Whether it is decent depends on the job level. Being single you could get a one or two bedroom apartment in a very nice building as a villa would make no sense.
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  #563 (permalink)  
Old 11th December 2013, 03:54 AM
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Quote:
Originally Posted by Tall_Guy182 View Post
Hello everyone,

I have a potential job opportunity with the following package to be agreed

420k AED per year
250k AED potential bonus per year
40k car allowance per year
200k housing allowance per year
Medical and dental insurance
1 x return flight per year to UK
30 days leave per year

IT / Telco sector, I'm single, no family or wife etc

Is this a decent package to live and work in Dubai and save some money each year?

Comments and feedback would be appreciated
it's a massive package for a single person. It's a big package for a family, too.
No idea how it compares to what you are on, and your standard of living back home - you gave no details.
However, your housing allowance is bigger than many young professionals full, inclusive package. As is your potential bonus.

If you can't live very comfortably, and save +250,000 AED a year BEFORE bonus, you're pissing it up the walll.
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  #564 (permalink)  
Old 11th December 2013, 03:54 AM
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Quote:
Originally Posted by Tall_Guy182 View Post
Hello everyone,

I have a potential job opportunity with the following package to be agreed

420k AED per year
250k AED potential bonus per year
40k car allowance per year
200k housing allowance per year
Medical and dental insurance
1 x return flight per year to UK
30 days leave per year

IT / Telco sector, I'm single, no family or wife etc

Is this a decent package to live and work in Dubai and save some money each year?

Comments and feedback would be appreciated
How old are you and what kind of role/position is it?

IT seems like a very decent package for a single guy so i would go for it...

I work in the telco sector as well and would consider this as a good start salary for a single.
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  #565 (permalink)  
Old 11th December 2013, 04:21 AM
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Quote:
Originally Posted by Tall_Guy182 View Post
Hello everyone,

I have a potential job opportunity with the following package to be agreed

420k AED per year
250k AED potential bonus per year
40k car allowance per year
200k housing allowance per year
Medical and dental insurance
1 x return flight per year to UK
30 days leave per year

IT / Telco sector, I'm single, no family or wife etc

Is this a decent package to live and work in Dubai and save some money each year?

Comments and feedback would be appreciated

Depends on nature of job & seniority

If you are a 50 something in a senior manager. director role - then its average.

if you're 20 something in a junior role, then you'll be a millionaire in no time son

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  #566 (permalink)  
Old 11th December 2013, 06:00 AM
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I had to laugh because it seems like you're really boasting, not asking for advice. I take it the return flight is first class, Emirates only?

Leaving aside the bonus, which is only potential and should never be counted on until it's in your bank account, your package works out to 55K a month. For a single that's generous.

The car allowance is very generous as is the housing allowance but be aware that your end of service gratuity will be based only on the base salary. Companies tend to shove as much money into the allowances to minimize the gratuity.

Another factor to consider (assuming this is a real inquiry) is what the Dubai job will do for you professionally? I'm assuming you already have a good position with a corresponding salary in the UK and the danger in coming out to Dubai is that it can turn out to be a bit of a dead end, career-wise. While it varies from sector to sector, Dubai work experience is not necessarily valued outside the UAE/Gulf and it's not always easy to lateral into a better role out of Dubai.

Quote:
Originally Posted by Tall_Guy182 View Post
Hello everyone,

I have a potential job opportunity with the following package to be agreed

420k AED per year
250k AED potential bonus per year
40k car allowance per year
200k housing allowance per year
Medical and dental insurance
1 x return flight per year to UK
30 days leave per year

IT / Telco sector, I'm single, no family or wife etc

Is this a decent package to live and work in Dubai and save some money each year?

Comments and feedback would be appreciated
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  #567 (permalink)  
Old 11th December 2013, 07:36 AM
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Originally Posted by telecompro View Post
I work in the telco sector as well and would consider this as a good start salary for a single.
A good start salary? Jesus. How much do you guys earn when you get to a serious level?
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  #568 (permalink)  
Old 11th December 2013, 12:06 PM
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Originally Posted by Windsweptdragon View Post
A good start salary? Jesus. How much do you guys earn when you get to a serious level?
surely you appreciate how hard it is to set up a phone to say...
"your call is important to us. Please hold"
and to reply...
"turn it off and on again - that should work"
and to repeatedly say....
"but i only know about PC's - I don't understand Macs"
and to....
inflate your self worth by protecting the 'Administrators Password' with your life, so that i can't fart without permission.

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  #569 (permalink)  
Old 11th December 2013, 02:34 PM
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Thanks, I'm not familiar with the region, and I understand the rental market can be quite steep for a decent apartment, but the plan is save quite a lot and enjoy living in dubai with a sense of balance
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  #570 (permalink)  
Old 11th December 2013, 02:38 PM
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Hey no boast, I'm in my late 40's, single and not familiar with the salary ranges for Dubai. Naturally the tax free income is very attractive and this us what swings it for me. I'm just trying to get a sense of balance for my role and package. I agree it is a good package, but wanted to see it compares to the market that all

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