British Expats - Salary and Package

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Re: Salary and Package

A friend of mine has just been offered a position in Dubai, it's Â£40,000 a year, plus $2,000 US a month living allowance, medical and insurance inclusive, and 6 weeks holiday a year, 6 free flights to the UK a year also.

Would you think that would be a reasonable deal? Would the $2,000 per month get you a decent place to live?

Re: Salary and Package

Quote:

Originally Posted by twinmum

It's a small world, isn't it. I recognise your username from tamba. Good on you for venturing back into the world of work so quickly. We've just moved out to Qatar with our 1 year old twins. If you think they attract attention in the UK, you haven't seen anything yet!

Good luck with the interview too. x

Thank you. I am nervous about venturing back into work but the girls will be nearly 6 months old by the proposed start date and DH is planning on staying home for a few months to bond with the girls. So, we are going to attract a lot of attention? Oh boy! I am still trying to get used to that here.

Re: Salary and Package

Quote:

Originally Posted by Dan725

$2000 is about AED7000, so the answer is no. you need a minimum of 10k to get even a half decent 2 bedroom, and probably nearer 15K.

As for Â£40,000, so that's about AED280k/year - has your mate got kids? If so, then it's def not enough, if not,then they'll get by.

Not a bad package, but very middle of the road

Re: Salary and Package

Quote:

Originally Posted by W10

It doesn't matter if the work you cover is the same. It matters if the teaching is better no??

Like I said, i genuinely don't know, but the standard of grads that the UAE universities throw out doesn't fill me with much hope for education here (I have some stories on that front)

Just out of interest, do schools publish their exam stats here?? (I have no idea)

They do but since the UK has just recently changed its policy on schools overseas it doesnt mean that much anymore(SATS) but if you phone any school they will be willing to give there result well the ones I know do............. I dont think you can compare Uni's here as I am just talking about the top end british curriculm schools here and I think most kids go home for uni, and I might add dont have a problem getting into uni's of thier choice........... I think things may change on that front in the future as more UK uni's are opening out here..................

Re: Salary and Package

Quote:

Originally Posted by MJC

Thanks, no he's got no kids. Reason I took interest is because there is a chance I could get a similar position, and it might be nice to take a break from the states for a year or two. However, it sounds like the rent thing is likely to kill it for a lot of people.

Re: Salary and Package

That's $2k a month! The rent (Â£10k) is per year, isn't it?

Re: Salary and Package

No think what he was saying was $2000 equates to Dhs 7000 per month and you would need Dhs 10000 to get anything decent, ie 120k dhs per year as has been quoted (Â£20k per year !!!)

Re: Salary and Package

Quote:

Originally Posted by PunkDebutante

Hi all! I have been asked to fly out to Dubai for a final interview for a banking position. Before I get there, my husband has asked that I fin out what typically a package should consist of. I am married with three children (an 8 year old and 3 month old twins). My husband is also hoping to find work soon (he is an IT Director). I would prefer to live in a villa since we have so many kids. ;) Plus, we are already paying for independent school here in the UK and all seem less expensive out in Dubai (which is a welcome relief).

I just want to make sure that we are covered until he finds work as well and we don't want to short ourselves. Any help will be appreciated.

Regards!

Hey PD,

I'm in the banking industry too. It really depends at what level you join (middle mgmt, senior mgmt?) and your area of specialisation. But 25k salary per month PLUS villa, education, tickets, medical would be the minimum. Salaries have really shot up in this industry - so my advice is make hay while the sun shines and ask for top money.

Feel free to PM if you need any info on any bank and packages :)

Regards
IG