PIF
Mar 3rd 2023, 5:08 am
#16
Just Joined
Joined: Aug 2013
Posts: 18
Re: PIF
Originally Posted by Wanderlust84
Really depends on your current finances. Where you are living and what you're getting paid/your experience. he way I'm thinking about it is I currently save $xx a year and I would want to save $yy to justify the move. When you say the 55k incldes housing what do you mean? you get 55k and free rent or you have to pay rent out of that 55. 20k won't make much of a dent in school fees. Also what do you mean bonus is company policy? I'm nervous about relying on a bonus to be in the money. Feel free to PM me
- So 55K/month includes (base+housing+transport)
- Bonus is additional, but numbers not given
- Schooling: 20K/annum additional.....I totally agree is super low...hence I am looking at the above 55k/month number to be increased....am I thinking right?
- 17 years PE front end experience
- I never look salary/earnings from savings, etc....as expenditures can change.....I am more concerned about getting benchmarked at market rates....does the above reflect the market benchmark?
Mar 3rd 2023, 5:29 am
#17
Just Joined
Joined: Jan 2023
Posts: 8
Re: PIF
Probably depends what you mean front end if you mean in a fund on investment team then yes it's very low, but most guys I know with 17 years PE are minted! It's not really a market there so much as they look at your current salary and add a multiplier between ~1.2-1.4x so if your current salary is 100-120 quid it's about right. I would do the expense calc at least on housing and schooling as KSA look very expensive. Ultimately it's still a hardship posting vs the west and you want to be compensated for that
