UK Salary v US Salary
#1
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Joined: Oct 2010
Posts: 5
UK Salary v US Salary
Hello,
I have just been offered to move in my current UK-job to the USA. This is great news, but I am trying to work out what salary I should expect.
I am currently making around GBP 67k + 10% bonus+ 7k car allowance + medical + pension. How much should I expect to earn in New Jersey?
Does anyone have experience with this?
Thanks
William
I have just been offered to move in my current UK-job to the USA. This is great news, but I am trying to work out what salary I should expect.
I am currently making around GBP 67k + 10% bonus+ 7k car allowance + medical + pension. How much should I expect to earn in New Jersey?
Does anyone have experience with this?
Thanks
William
#2
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Joined: May 2009
Location: New York
Posts: 61
Re: UK Salary v US Salary
What field are you in? It can vary by industry.
#3
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Re: UK Salary v US Salary
Also, where are you in the UK and what kind of lifestyle do you want to have in the US?
A GBP 67k salary + 10% bonus gets you a lot more in Leeds than it does in London.
New Jersey can be a fairly expensive place to live but even there a lot depends on exactly where you are in NJ and what your expectations are.
All that having been said, if I had to pull a number out of the air, I would guess that you should be looking for something in the $140k - $150k range.
A GBP 67k salary + 10% bonus gets you a lot more in Leeds than it does in London.
New Jersey can be a fairly expensive place to live but even there a lot depends on exactly where you are in NJ and what your expectations are.
All that having been said, if I had to pull a number out of the air, I would guess that you should be looking for something in the $140k - $150k range.
#4
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Joined: Feb 2010
Location: Temecula, CA
Posts: 4,759
Re: UK Salary v US Salary
As the others have said, it's not a straightforward calculation. For example, in my position in the UK (software technical authority) I can't expect much more than 5-10% extra in the US at the current exchange rate, whereas my wife (CCU nurse) could expect at least double her current salary - plus get signing on bonuses in certain areas. Take off insurance and other things you don't pay in the UK and I might get the same salary in the US.
#7
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Joined: Aug 2010
Posts: 73
Re: UK Salary v US Salary
http://www.glassdoor.com/index.htm
Very rough though, people under/overestate their salaries for various reasons.
Very rough though, people under/overestate their salaries for various reasons.
#8
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Joined: Feb 2010
Location: Temecula, CA
Posts: 4,759
Re: UK Salary v US Salary
That's still a pretty broad industry - and an equally broad description of where, both of which still vary the (even subjective) figures considerably!
#9
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Re: UK Salary v US Salary
They offered to match my UK base pay in USD, but all benefits will be removed. I.e. I will lose my 7k GBP car allowance.
Does anyone know whether in the UK a car allowance is considered part of base pay or whether it is normally considered a special benefit.
I remember that in Holland it was considered part of Salary, but I am not sure of the UK-rules
Thanks,
William
Does anyone know whether in the UK a car allowance is considered part of base pay or whether it is normally considered a special benefit.
I remember that in Holland it was considered part of Salary, but I am not sure of the UK-rules
Thanks,
William
#10
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Joined: Jan 2008
Posts: 41,518
Re: UK Salary v US Salary
They offered to match my UK base pay in USD, but all benefits will be removed. I.e. I will lose my 7k GBP car allowance.
Does anyone know whether in the UK a car allowance is considered part of base pay or whether it is normally considered a special benefit.
I remember that in Holland it was considered part of Salary, but I am not sure of the UK-rules
Thanks,
William
Does anyone know whether in the UK a car allowance is considered part of base pay or whether it is normally considered a special benefit.
I remember that in Holland it was considered part of Salary, but I am not sure of the UK-rules
Thanks,
William
#11
Re: UK Salary v US Salary
Hello,
I have just been offered to move in my current UK-job to the USA. This is great news, but I am trying to work out what salary I should expect.
I am currently making around GBP 67k + 10% bonus+ 7k car allowance + medical + pension. How much should I expect to earn in New Jersey?
Does anyone have experience with this?
Thanks
William
I have just been offered to move in my current UK-job to the USA. This is great news, but I am trying to work out what salary I should expect.
I am currently making around GBP 67k + 10% bonus+ 7k car allowance + medical + pension. How much should I expect to earn in New Jersey?
Does anyone have experience with this?
Thanks
William
#12
Account Closed
Joined: Oct 2009
Posts: 51
Re: UK Salary v US Salary
I tripled my salary when I moved over, and was able to make more choices about where to spend it/save it (paid less tax, more healthcare options, more retirement investment options etc).
Just remember though that it's not all about the money, vacation is EXTREMELY important - I came from 6 weeks of holidays in the UK to just 2 weeks over here. So I had all this money, and no time to enjoy it. Of course it means that after 9 years I now have several hundred thousand $ sitting in investment accounts and no real idea what to do with it all, but I miss those vacations that I didn't get to have.
Remember to negotiate time off just as vigorously as the cash deal.
Just remember though that it's not all about the money, vacation is EXTREMELY important - I came from 6 weeks of holidays in the UK to just 2 weeks over here. So I had all this money, and no time to enjoy it. Of course it means that after 9 years I now have several hundred thousand $ sitting in investment accounts and no real idea what to do with it all, but I miss those vacations that I didn't get to have.
Remember to negotiate time off just as vigorously as the cash deal.
#13
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Joined: Oct 2010
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Re: UK Salary v US Salary
Is it a permanent move...are you actually leaving the UK firm and joining the US firm? If so NJ is a fire at will state...so you can lose your job and receive little or no compensation. Also check holiday entitlement...the normal is 5 to 10 days...so you may want to look into being compensated for the extra days you are working each year. Check the pension scheme available...how long will you have to work before you're vested in the scheme?
Thanks for all your help. If anyone know of some 'official' document or formula to use please let me know
#14
Re: UK Salary v US Salary
Make sure you have your vacation entitlement in writing. I was in the same boat and assumed that the 32 days I had accrued would be matched. Not so...
#15
Re: UK Salary v US Salary
What I meant was...when you move here will your contract of employment be with the UK company or the US company? Terms and conditions of employment could be very different in terms of severance pay, holiday entitlement etc. What visa will you have...make sure you get it in writing that the company will apply for a Green Card asap if applicable.