Forum FAQ

Preferences

Watched Topics

Watched Forums

Expat Package in Shanghai

Shanghai Expat Forum Index » City Living Forums » Questions and Answers

Author

Message

dragonyang

Newbie

Joined: Oct 10, 2006
Posts: 2

Status: Offline

Posted: Oct 10, 2006 - 01:45 AM
Post subject: Expat Package in Shanghai

Hi, one company is going to offer me a job in China as expat for 3-4 years. What shall I expect the whole package? Thanks.

Here are some of my list:
Base Salary (how much should I expect)
Bonus (how much should I expect)
Stock Options (how much should I expect)
Sign in bonus (how much should I expect)
Oversea allowance (how much should I expect)
Hardship allowance (how much should I expect)
Moving cost (selling my current house, cars, and everything..)
Housing
Transport
Medical and Dental
Child education (tuition)
Travel and family travel
Tax liabilities

Thanks a lot.

Quaver

Seeker

Joined: Jan 18, 2006
Posts: 52

Status: Offline

Posted: Oct 10, 2006 - 02:14 AM

Expect the right amount. If its an MNC they have lots of experience or lots of benchmarks or both. With others negotiate.

By the way, just in case you were interested in amounts, are you coming as Management Trainee or General Manager?

dragonyang

Newbie

Joined: Oct 10, 2006
Posts: 2

Status: Offline

Posted: Oct 10, 2006 - 02:49 AM

Thanks. This is a British global company with plants in U.S. Europe, Canada, and China.
The position will be the Chief Representative in charge of their Shanghai office with a group of 5-6 people. They have a office in Beijing too with 2-3 people and Beijing office reports to me too. The company has plants in other cities in China but we don't report to each other. Shanghai office will help whatever the plants may need. This position directly reports to the CEO in Britain.

Batavia

Rocker

Joined: Sep 15, 2006
Posts: 606

Status: Offline

Posted: Oct 10, 2006 - 07:37 AM

What is the package like for a GM position in a multinational company in Shanghai?
For example, does it include child education, accomodation, etc....?

Michael

Moderator

Joined: Mar 22, 2002
Posts: 5274

Status: Offline

Posted: Oct 10, 2006 - 08:54 AM

It really depends a lot on the company, the type industry, and what the expectations are of your office to produce revenue. It also depends alot on if you WANT to come or not. The more the revenue expectation - the higher the pay. In general, Shanghai is not considered a hardship posting. Bonuses, stocks, are usually pretty well defined in a large company. As a rule, the starting place should at least what you are making now ( it can go farther in Shanghai depending on your lifestyle choices ) with an appropriate bump if you are getting a promotion.

There are several threads in the forum where this has been discussed at length.

horsemandk

StreetBeater

Joined: Mar 23, 2006
Posts: 2241
Location: Shanghai
Status: Offline

Posted: Oct 10, 2006 - 09:05 AM

You also have to consider that the work hours here are very different from back home!

GM salaries are very different depending on the company. You also have to consider Health Insurance, Driver, Housing. If you look at the forum, many expats get 4-6000,- USD for housing, have a private driver, pocket money for the wife and the husband still makes 500.000,- USD+

Also remember that you have to pay taxes here and with a high salary you might pay as much as 45%

_________________
Those parts of the system that you can hit with a hammer (not advised) are called hardware; those program instructions that you can only curse at are called software.