Graduate salary in HK - what do you think?
#1
Just Joined
Thread Starter
Joined: Mar 2016
Posts: 1
Graduate salary in HK - what do you think?
Dear all,
I'm graduating this summer and have been offered a two-year contract with a small tutoring agency in Hong Kong. It sounds like quite a good deal, the hours are minimal and the work enjoyable. However, I'm wondering how far the salary would go in terms of housing, etc.
The salary is £20,000 or $264,000 per year.
I'd be very grateful to hear your thoughts.
All best,
Olly
I'm graduating this summer and have been offered a two-year contract with a small tutoring agency in Hong Kong. It sounds like quite a good deal, the hours are minimal and the work enjoyable. However, I'm wondering how far the salary would go in terms of housing, etc.
The salary is £20,000 or $264,000 per year.
I'd be very grateful to hear your thoughts.
All best,
Olly
#2
Forum Regular
Joined: Dec 2010
Location: Ontario, Canada
Posts: 170
Re: Graduate salary in HK - what do you think?
The salary is £20,000 or $264,000 per year
I think there is a mistake in the conversion.
I think there is a mistake in the conversion.
#3
Re: Graduate salary in HK - what do you think?
Probably closer to $225,000 per year ( its under the magic 12.0 at the moment) and I would think that your salary is very close to being unworkable
Flat share would make it more possible but not easy to find somewhere for under 8 to 10,000 a month. Add in MPF small provision for tax and transport etc.
Sharing with say two others and you can rent a decent place for 5,000 each a month
#4
BE Enthusiast
Joined: Mar 2012
Posts: 344
Re: Graduate salary in HK - what do you think?
The first to to sort out is whether your salary is defined in GBP or HK$. If you have been offered HK$264,000 per annum then that is currently much better that GBP20k per annum.
Housing is horrendously expensive in HK but if you can find a reasonable flat share then you should be ok.
Housing is horrendously expensive in HK but if you can find a reasonable flat share then you should be ok.