Got an offer, comment please?
Aug 12th 2008 | 4:30 pm
#16
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Aug 12th 2008 | 5:59 pm
#17
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Re: Got an offer, comment please?
I would say that they are offering you the bottom end of the salary scale. I am actually doing a comparison in the construction industry at the moment, and that is very low. Bearing in mind there is a huge shortage over here for skilled people (and I mean huge- what sector you in?). The relocation package is low. Are they paying accom, hire car etc on top of this? They have also got you on a 6mth probationary period, is this tied into anything else in your contract?
Aug 12th 2008 | 6:27 pm
#18
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Re: Got an offer, comment please?
The market rate for a structural engineer in Australia ranges from $45,000 - $135,000 depending on experience and the location of the job.
Aug 12th 2008 | 6:53 pm
#19
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Posts: 56
Re: Got an offer, comment please?
Not wanting to p*ss on your fireworks, but $75K isn't too good to be honest. Think they may be taking you for a ride. I'm not saying 75K isn't a liveable amount of money, dependent on your circumstances it may well be, its more to do with what's the going rate. Also six months probation is unusual, but perhaps that to do with the sponsorship process.
I know of a civil guy (transport), offered $120K plus relocation costs from UK and four weeks accomadation costs upon arrival (no visa as he's an ozzie) in Brisbane, similar amount of experience. PM me for details.
I know of a civil guy (transport), offered $120K plus relocation costs from UK and four weeks accomadation costs upon arrival (no visa as he's an ozzie) in Brisbane, similar amount of experience. PM me for details.
I'm relocating to Melbourne.
Aug 12th 2008 | 6:55 pm
#20
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Posts: 56
Re: Got an offer, comment please?
I see I dont calculate that.
However here is where my 4500 figure comes from
Wages dropping Tax Paid Rate%
Initial Wage 75000
Medicare 73875.00 1125 1.5
Super 67125.00 6750 9
Tax bracket 1 67125.00 0 0
Tax bracket 2 62925.15 4199.85 15
Tax bracket 3 54247.91 8677.25 30
Results check 54247.91 20752.095 75000.00
Total After Tax 54247.91
Total Tax 20752.095
Total Monthly 4520.65875
However here is where my 4500 figure comes from
Wages dropping Tax Paid Rate%
Initial Wage 75000
Medicare 73875.00 1125 1.5
Super 67125.00 6750 9
Tax bracket 1 67125.00 0 0
Tax bracket 2 62925.15 4199.85 15
Tax bracket 3 54247.91 8677.25 30
Results check 54247.91 20752.095 75000.00
Total After Tax 54247.91
Total Tax 20752.095
Total Monthly 4520.65875
Aug 12th 2008 | 7:00 pm
#21
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Joined: May 2008
Posts: 56
Re: Got an offer, comment please?
I would say that they are offering you the bottom end of the salary scale. I am actually doing a comparison in the construction industry at the moment, and that is very low. Bearing in mind there is a huge shortage over here for skilled people (and I mean huge- what sector you in?). The relocation package is low. Are they paying accom, hire car etc on top of this? They have also got you on a 6mth probationary period, is this tied into anything else in your contract?
I haven't got any OZ experience tho... Only relocation fees, no hired car, but 2 flight tickets and 2 weeks accommodation included when I arrived. Does this considered a good relocation package then?
Probation of 6 months is for me to familiarise myself with the oz standards before promoting.
Aug 12th 2008 | 7:08 pm
#22
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Joined: Mar 2008
Posts: 232
Re: Got an offer, comment please?
I would more than double your relocation package, and accomodation allowance. For a general salary guide have a look at http://au.hudson.com/node.asp?kwd=salary-guides
I would seriously review your package
try a few other big construction companies and see what they come back with... Also rail people are demanding a lot more than people with no rail experience.
I would seriously review your package
try a few other big construction companies and see what they come back with... Also rail people are demanding a lot more than people with no rail experience.
Aug 12th 2008 | 7:16 pm
#23
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Joined: Dec 2004
Posts: 2,619
From: Tapping (Perth)
Re: Got an offer, comment please?
I see I dont calculate that.
However here is where my 4500 figure comes from
Wages dropping Tax Paid Rate%
Initial Wage 75000
Medicare 73875.00 1125 1.5
Super 67125.00 6750 9
Tax bracket 1 67125.00 0 0
Tax bracket 2 62925.15 4199.85 15
Tax bracket 3 54247.91 8677.25 30
Results check 54247.91 20752.095 75000.00
Total After Tax 54247.91
Total Tax 20752.095
Total Monthly 4520.65875
However here is where my 4500 figure comes from
Wages dropping Tax Paid Rate%
Initial Wage 75000
Medicare 73875.00 1125 1.5
Super 67125.00 6750 9
Tax bracket 1 67125.00 0 0
Tax bracket 2 62925.15 4199.85 15
Tax bracket 3 54247.91 8677.25 30
Results check 54247.91 20752.095 75000.00
Total After Tax 54247.91
Total Tax 20752.095
Total Monthly 4520.65875
Scroll down for the LAFHA allowances. LAFHA reduces your taxable salary, i.e. you end up with a considerably higher net salary. If your LAFHA was $29,300 your annual tax bill would only be $8,310.
Gina
Last edited by GinaUK; Aug 12th 2008 at 7:26 pm.
Aug 12th 2008 | 7:21 pm
#24
Thread Starter
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Re: Got an offer, comment please?
Hhhmmm.... can anyone share any best relocation package they've came across?
Aug 12th 2008 | 7:26 pm
#25
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Re: Got an offer, comment please?
To OP: You'll get a lot more that $4,500 pe rmonth once you add in LAFHA. For a single guy in Melbourne LAFHA would be around $29,300 per year. Have a look here: http://www.payme.com.au/living-away-...nce-lafha.html
Scroll down for the LAFHA allowances. LAFHA reduces your taxable salary, i.e. you end up with a considerably higher net salary.
Gina
Scroll down for the LAFHA allowances. LAFHA reduces your taxable salary, i.e. you end up with a considerably higher net salary.
Gina
So I pressume the employer will calculate the amount of LAFHA for me as a single person?
Aug 12th 2008 | 7:33 pm
#26
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Joined: Jan 2006
Posts: 1,380
From: Perth, WA
Re: Got an offer, comment please?
I would certainly expect a structural engineer in Perth, even with 5 years experience, to be earning more than $75K a year.
I would start looking at the jobs in WA in your area, I would think you could improve on that easily.
I would start looking at the jobs in WA in your area, I would think you could improve on that easily.
Aug 12th 2008 | 7:37 pm
#27
A former regular of BE
Joined: Oct 2004
Posts: 6,241
From: Carramar, Perth
Re: Got an offer, comment please?
Hi there,
I've just received an offer!!!! Yeah!!! Could I gather information from anyone here and see if it's alright.
Basic salary incl superannuation $75000. I think the contribution for it is 9% hence I will get $68250. 20 days annual leave, medicare and life insurance paid for. Probational period of 6 month. $2000 relocation fees, 2 flight tickets.
I will be getting LAFHA but I have no idea what figure I'm looking at per month. I'm trying to work out how much income per week after tax I will be getting but it seems too complicated to work out.
Can someone contribute some idea pleaseeeeee? Or perhaps give me some break down figure?
Thank you soooo much!!!
DaN
I've just received an offer!!!! Yeah!!! Could I gather information from anyone here and see if it's alright.
Basic salary incl superannuation $75000. I think the contribution for it is 9% hence I will get $68250. 20 days annual leave, medicare and life insurance paid for. Probational period of 6 month. $2000 relocation fees, 2 flight tickets.
I will be getting LAFHA but I have no idea what figure I'm looking at per month. I'm trying to work out how much income per week after tax I will be getting but it seems too complicated to work out.
Can someone contribute some idea pleaseeeeee? Or perhaps give me some break down figure?
Thank you soooo much!!!
DaN
Be wary of recruitment agencies. One tried to tell me I was only worth $60K before I had my visa but I found my own job once here and started on $80K and quickly improved markedly on that.
Aug 12th 2008 | 7:43 pm
#28
Lost in BE Cyberspace
Joined: May 2006
Posts: 6,600
Re: Got an offer, comment please?
Don't get too hung up on relocation packages as a single person. Looking at what they're currently offering you, they've taken all the costs of relocating you off your salary, and then some.
Aug 13th 2008 | 5:39 am
#29
Recession Surfing 2006 ->
Joined: Sep 2007
Posts: 1,254
From: Northern Edge of Melbourne
Re: Got an offer, comment please?
http://www.ato.gov.au/scripts/taxcalc/calculate_tax.asp
