Posted by
ppbasic
13 yrs ago
Was wondering:
1) Is that enough for a young couple to live comfortably in HK?
2) Am I better off asking for a combined salary of $150K/month or separate it out? It doesn't make a difference to the company right?
Thanks!!
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How long is a piece of string? A lot depends on what sort of life you want to live, but a package of $150K is okay.
There are tax advantages in taking a housing allowance as part of a package. Also, your employer might prefer that you live in a reasonably comfortable standard of accommodation, which is why some employers do not allow any unspent housing allowance to be cashed out.
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1) by almost any standard
2) no, see tax comment and 50k housing gets you 2-3 bedrooms max in soho/mid levels
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I should have said that the size of the package must be related to the size of the job, it might actually be well under the market. A lot of people would love to earn 150 a month, a surprising number of jobs pay a lot more.
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