View Poll Results: Your total relocation package was worth approximately how much?

Voters
148. You may not vote on this poll
  • Pretty much nothing

    31 20.95%
  • The cost of an economy flight

    17 11.49%
  • About USD5,000

    24 16.22%
  • About USD10,000

    14 9.46%
  • About USD15,000

    18 12.16%
  • About USD25,000

    11 7.43%
  • More than USD25,000

    23 15.54%
  • No idea/didn't relocate/don't want to say

    10 6.76%
Like Tree52Likes

How much was your relocation package?

Reply
Page 3 of 10 FirstFirst 1 2 3 4 5 6 ... LastLast
  1. #21

    Join Date
    Jul 2005
    Location
    mid-Levels
    Posts
    873
    Quote Originally Posted by MovingIn07:
    I'm interested in what relocation packages are CURRENTLY being offered (no harks back into distant glory days of excess!) either to you if you've moved on the last year or so, or what you know your company offers. If possible to tot up the equivalent value and note in the poll that would be great.

    Also - are relocation packages:
    a) standard for everyone?
    b) vary by level of employee?
    c) vary by internal transfer vs external hire?
    d) vary by who initiated the job offer (ie employee approached company vs company sought out employee)?

    And - how big is your company? small local firm vs large US bank? etc etc.

    Any insights appreciated.
    a) no
    b)yes
    c)absolutely
    d)yep - value offered a lot higher when employer asks to move

    I am in the process of moving countries and was asked to move and it is to a "hardship location" so got:

    1. look-see flights for the family
    2. shipping container
    3. temp housing in host
    4. flights to destination for final move
    5. professional firm to apply for visas
    6. tax advice
    7. financially: relo lump-sum, hardship allwnc and cost of living allwnc plus option of flights or cash in lieu

  2. #22

    Join Date
    Jun 2010
    Location
    Kent, England
    Posts
    6,728

    Deleted, mis-read katanga's post


  3. #23

    Join Date
    Jun 2010
    Location
    Kent, England
    Posts
    6,728

    AND a salary??? Very envious....!


  4. #24

    Join Date
    Jun 2004
    Location
    HK
    Posts
    14,593
    Original Post Deleted
    Not surprising depending on his seniorty and the indusctry he works in (ie relative senior management staff at our firm gets housing in excess of 100K a month, insurance, tuition, flights... and in most cases tax free because they somehow manage to spend less than 180 days/year in HK with multiple biz trip and holidays)

    And before I get flamed, I do not say it is right or wrong (although I find it OK if the guys are good and indeed bring value to the firm).

  5. #25

    Join Date
    May 2010
    Location
    Kowloon Station, TST
    Posts
    263

    Yes, sorry. Is that so exceptional then?


  6. #26

    Join Date
    May 2010
    Location
    Kowloon Station, TST
    Posts
    263
    Quote Originally Posted by Mat:
    Not surprising depending on his seniorty and the indusctry he works in (ie relative senior management staff at our firm gets housing in excess of 100K a month, insurance, tuition, flights... and in most cases tax free because they somehow manage to spend less than 180 days/year in HK with multiple biz trip and holidays)

    And before I get flamed, I do not say it is right or wrong (although I find it OK if the guys are good and indeed bring value to the firm).
    Exactly same here. My husband travels a LOT also, not quite sure if he will spend more or less than 180 days a year in HK though. He negotiated a net salary with his firm so they handle the taxes.

  7. #27

    Join Date
    Mar 2007
    Location
    Gold Coast Marina
    Posts
    17,939
    Quote Originally Posted by Molie:
    Yes, sorry. Is that so exceptional then?
    It's certainly on the top end of what professionals get here. But that's fine, I wanted to see the full range.

  8. #28

    Join Date
    Jun 2010
    Location
    Kent, England
    Posts
    6,728
    Quote Originally Posted by Molie:
    Yes, sorry. Is that so exceptional then?
    Not for a MD ! LOL, enjoy don't apologise !
    Molie likes this.

  9. #29

    Join Date
    Nov 2010
    Location
    HK
    Posts
    1,188
    Quote Originally Posted by MovingIn07:
    RE = Renewable Energy?
    How much was the 1 month serviced appt? 15k? 20k?
    Thanks for the insights. Yours is actually the closest example to the one I am looking at right now.....
    RE=Real Estate,

    Service Apartment was arranged by the company - something below 20k as I asked for 1 that was 20k and was declined.
    MovingIn07 likes this.

  10. #30

    US IB in HK:

    - 1 way biz class tix
    - 1 mth service apartment (think it was Shama group in CWAY bay (not sure on cost)
    - 1 container to ship all my crap over
    - Service of a relocater / moving service company e.g. Pricoa
    - 1 mth salary to cover any other expenses (read as deposit for renting)
    - pay for the agents fee when renting first place
    - Driver from airport

    MovingIn07 likes this.

Reply
Page 3 of 10 FirstFirst 1 2 3 4 5 6 ... LastLast