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Discussion Starter · #1 ·
Hi all,

I am currently working for a US company that has satellite offices in other countries. Right now I am on a 6 month assignment in Germany and plan to go back to the US in June. It was only supposed to be an exchange program, but they think my performance is good and have asked if I would think about staying for 2 years.

Lot's to think about, let me tell you.

So in this thought process, one of the biggest is compensation. Currently the company is paying for my apartment and vehicle, and adding a COLA to my weekly pay (since I am only here 6 months, so still pay rent and for the car in the US). I am here by myself, so really the only significant thing that can keep me here away from my life at home is monetary compensation. I don't want to come off as greedy, but since I can do very similar work in our office back home, it makes logical sense.

What is the typical form of compensation? Could I expect to temporarily make more money due to my circumstance? Instead of a wage increase, is it fair to ask the company to pay off student loans instead? Is it fair to ask them to continue to pay for my apartment and vehicle (company car) here?

I have never done salary negotiations before, so this makes it extra hard for me. Any and all advice would be tremendously helpful!
 

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Discussion Starter · #3 ·
Thank you for the congrats! I'm honored to receive these praises and offer. A confidence boost never hurts now and again. =)
All jokes aside though, they're a great team to work with.

You have fantastic advice, this is exactly what I was looking for. I want to make sure it is beneficial for both parties involved.

The reason I brought up the student loans is twofold. First, they wouldn't have to increase my wage which would match what others in the same position would make. Second, they could treat it as an engineering tax write off as you had mentioned, saving both parties money.

I need to do some major number crunching. Currently I'm still being paid in the US, and need to factor in the taxes of Germany.
It adds a lot of complication when I think about health insurance, stock options (that I would normally receive in the US) and my company matched retirement account.
In order to work here, I would need to be "terminated" from our home office and "hired" into our German one. I want to make sure I don't lose those benefits in the process.

We are based out of Erlenbach.
 

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Discussion Starter · #6 ·
@Toon
I believe that is true about the taxes above 90k. "Luckily" I don't make near that much, so I have no worries on my part. :tongue1:

I'm estimating between 25% and 35% for my taxes. (Thus another reason paying for student loans as a bonus is better - less income tax on my regular wage)

@twostep
Certainly exchange rate is the first thing I factored in. That would be such an epic fail if I didn't, ha.

I don't plan on purchasing much over here (beyond the necessary stuff - food, etc...). Another one of my goals is to save as much as possible to hopefully be close to buying a house when I go back to the US.
 

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Discussion Starter · #9 ·
The tax is certainly the most confusing part (as I barely understand tax law in my own country...).

I want to hope my company will be fair in what they offer (that it will be comparable and then some) but you never know. I wanted to make sure I have the right information incase I notice something isn't quite how it should be.

@Bev
I don't understand what you mean about losing the housing payment and car if I go on local payroll. Can you be more specific?
 
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