Posted by
simon1965
14 yrs ago
Hello,
I've been offered a job back in Hong Kong. The pay is about 10% higher than what I am getting here in Oz (after taxes). But with the USD tanking and likely to do so for some time to come, I am thinking moving to HKG (at least from a financial point of view) might not be the best idea...
Anyone taken this into their move considerations? The AUD is close to an all time high against the USD and I guess might go a lot higher...
Simon
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hi simon,
10% is not worth it ...... if you are young and wanna enjoy a new environment with possibility of exploring China, then can give it a try ..... but for career building its not that wise ...... unless you can nego with a fallback that is if things dont work out and you can still go back to OZ for a job or some kind of compensation if job lost ....... Anyway check HK out if you will like the lifestyle here with a definite space cramp be it in your apmt or on the street .......
PS... The last time i did a temp move to Moscow ....... it was at least 200% jump
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The Aussie dollar is over-valued at the moment, according to some pundits. But, IMHO, if you are young enough, career prospects, experience, etc are probably more important than a strict comparison of remuneration.
I dropped money to come to HK many years ago, and have never regretted it for a second.
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Ask to be paid in local currency.
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Well, I am not young and I can't negotiate a fallback. Pay is about $92K/month (with bonus) and its just me and my wife. I liked Hong Kong the first time we went and we had a great time. We did all the main walks, traveled in the region, enjoyed the food and liked it a lot. Downside for me was that the unit we were in was a little too noisy for my liking. I think the main attraction was that I felt I was working somewhere that wasn't an outpost like Australia i.e. more central and more in-tune with what is happening in the world. I like to travel and Hong Kong fit the bill.
We did plan on taking a year off and travelling the world when we left last time but we ended up coming straight back to work here in Oz. I guess if the job doesn't work out this time we could do the travelling thing...
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If you cannot tolerate noise, Hong Kong is probably not the place for you (unless you are earning big bucks and can afford to live on The Peak, or similar places).
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Thinking of staying in ClearWater Bay this time in a Village house. Should be a lot quieter and a lot cheaper :). I guess the commute time to Tai Koo would be no more than 1 hour?
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There will be a lot of dog barking going on if you live in a village house. Don't think you can tolerate that.
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