Salary Package

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Salary Package


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Old 20th December 2009, 09:31 AM
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Hi all,
We feel we are being offered a very good package from our prospective employer, however need a reality check!!
Can anyone offer some advice on this......

Family of five, (3 teenagers, 12 to 16 yrs, in the mix)
Education, housing and transport - appears to be covered given our research
Medical 75% basic BUPA coverage
Base Salary 17,500 drms per month

We are currently in Australia.
Any feedback would be appreciated, especially on the base salary.
Thanks so much

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Old 20th December 2009, 10:05 AM
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You could manage on AED 17.5K a month, but ONLY if all accomodation, bills and school fees are covered. It doesn't sound anything like a good package at the moment and you shold ask for rather more than the basic BUPA plan.

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Old 20th December 2009, 10:47 AM
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It all depends on the style of living you are used to.
Going out to eat here is exspensive. Clothes are exspenisive. Groceries are exspensive. Basically everything is exspensive. Plus you have 3 teenagers, you will go broke trying to keep them busy ie movies ect.. And I am sure you wont to save some money coming here right?
I would ask for double the salary, and 100% covered insurance, plus keep all the stuff they allready offered you. Teens will want thier own room, so you will need a 4 bedroom villa, thats min 200k aed a year, so make sure the company will give you at least that much for a home. You will need 2 cars, so make sure you have at least car allowance to cover 1 complete car and then make sure you havemoney to cover the 2nd. This can go on and on.

I am sorry, but I would turn it down.

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Old 20th December 2009, 10:55 AM
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Elphaba,
Thanks so much for the prompt response. Will take onboard.
We have some points to clarify with our employer over the next few days regarding BUPA and cost of living, etc.
Again, many thanks,
Ev

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Old 20th December 2009, 11:02 AM
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Quote:
Originally Posted by mrbig View Post
It all depends on the style of living you are used to.
Going out to eat here is exspensive. Clothes are exspenisive. Groceries are exspensive. Basically everything is exspensive. Plus you have 3 teenagers, you will go broke trying to keep them busy ie movies ect.. And I am sure you wont to save some money coming here right?
I would ask for double the salary, and 100% covered insurance, plus keep all the stuff they allready offered you. Teens will want thier own room, so you will need a 4 bedroom villa, thats min 200k aed a year, so make sure the company will give you at least that much for a home. You will need 2 cars, so make sure you have at least car allowance to cover 1 complete car and then make sure you havemoney to cover the 2nd. This can go on and on.

I am sorry, but I would turn it down.
Thanks Mr Big,
Not what we wanted to hear, perhaps, but we did ask for a reality check!!
Thanks for your comments.
Ev

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Old 25th December 2009, 04:15 PM
 
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Quote:
Originally Posted by IrnbruEv View Post
Hi all,
We feel we are being offered a very good package from our prospective employer, however need a reality check!!
Can anyone offer some advice on this......

Family of five, (3 teenagers, 12 to 16 yrs, in the mix)
Education, housing and transport - appears to be covered given our research
Medical 75% basic BUPA coverage
Base Salary 17,500 drms per month

We are currently in Australia.
Any feedback would be appreciated, especially on the base salary.
Thanks so much
17500 AED per month is definitely not bad but not fantastic either if you don't get any housing allowance on top of it.

Education fees may also be quite significant.

Your question is very common among future expats. I've made a Dubai living cost calculator that makes it easier to understand what you salary should be. The forum does not allow me post links. Use the following, just remove the () brackets.



Let me know if it was useful!


Last edited by Elphaba; 3rd January 2010 at 06:27 AM. Reason: link removed - against rules
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Old 26th December 2009, 09:27 AM
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I do agree with most of the replies...
the basic is Not too bad but not ideal too...
definitely no room for any saving...
(I assumed your accommodation is covered 100% )
with a family of 4 (my case.. two small kids... I am spending around 15K permonth... )
Try to ask for more.... around 25k/month is good
good luck..
dylan


Quote:
Originally Posted by IrnbruEv View Post
Hi all,
We feel we are being offered a very good package from our prospective employer, however need a reality check!!
Can anyone offer some advice on this......

Family of five, (3 teenagers, 12 to 16 yrs, in the mix)
Education, housing and transport - appears to be covered given our research
Medical 75% basic BUPA coverage
Base Salary 17,500 drms per month

We are currently in Australia.
Any feedback would be appreciated, especially on the base salary.
Thanks so much

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Old 2nd January 2010, 11:02 AM
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Quote:
Originally Posted by ilya View Post
17500 AED per month is definitely not bad but not fantastic either if you don't get any housing allowance on top of it.

Education fees may also be quite significant.

Your question is very common among future expats. I've made a Dubai living cost calculator that makes it easier to understand what you salary should be. The forum does not allow me post links. Use the following, just remove the () brackets.



Let me know if it was useful!
Ilya,
Thanks for your response and link. It was very helpful.
Your link was informative, just what we needed, an idea of the general cost of living. As I said in my initial question, our Housing, Education, which seem to be the greatest expense are covered. I guess by the response from others we did not make ourselves clear on that point. Ah well, we've signed the contract and are coming over anyway, we will soon find out how things are.
We are not coming over to make heaps of money, we are coming over for the job and the experience.
Thanks again for your valued input!!
Ev


Last edited by Elphaba; 3rd January 2010 at 06:27 AM.
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Old 2nd January 2010, 11:13 AM
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Thanks DylanJamal,
I am not sure if the others who have responded have kids but your input is most welcome.
We are looking at the Mirdiff area to rent a villa. Can you advise if this is a family friendly area?
Cheers
Ev

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Old 2nd January 2010, 01:00 PM
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Any place that have villas and bungalows are great for family living. The only places not good for kids are the high rise apartments. Not much for little ones to do.

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