Tell me about your relo package...

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  1. #21

    Join Date
    Nov 2005
    Posts
    408

    Lower End:
    6K housing allowance;
    All moving expenses paid;
    Kindergarten and School paid, including tuition, school bus, etc.

    It just depends on the company. Some can get and keep local staff, some cannot. Those who cannot keep and train their staff need to get new ones all the time.


  2. #22
    inprov

    What type of job would that be for? Does everyone get full education benefits? My husband's company has never sent anybody to HK. They only have 7 locals working on rather small salaries and have never even heard of these expat benefits. We have a very high salary for our area and live in a place with good public schools and decent housing stock. An apartment half the size of our home would cost twice as much and we could not send our children to public school, so this seems only fair!

    Not to mention the fact that we are willing to just pick up and leave mid-year with three kids!

    The job is specific to my husband. He is the only person that is really able to do it, as he has been with the company since before it had any roots in Asia. The company is growing, things are a bit of a mess and he would need to reorganize and train someone to manage the Asia/Pacific region, as well as oversee operations in Shenzhen and possibly open something new in India.

    It is a big project and it seems as though to do it properly, he should be comfortable at home. His boss knows what a crab I can be when things are difficult! I cannot be alone with three children and broke in a 700 square ft apartment, even though my husband would do it for a year.


  3. #23

    Join Date
    Sep 2004
    Posts
    289

    Companies are getting "cheap" about relo's nowadays, and my assumption would be that without a set precedent, your husband will have a tough time negotiating a super generous expat package. At some point, you and your husband just need to sit down and determine how badly do you BOTH want this thing to happen? Sounds like he's gung ho on it, and you're not if it doesn't come with all the bells and whistle perks. Bottom line is what part of the package can you absolutely not live without? and can he negotiate it to make it happen? then go from there. Good luck


  4. #24

    Join Date
    Jan 2006
    Location
    Fo Tan
    Posts
    2,389

    I agree with HKfornow. List everything, prioritize it and then ask for a lot, but be willing to compromise on the items further down your list.


  5. #25

    Join Date
    Jan 2003
    Location
    Back in Toronto now - after 10 1/2 years in HK
    Posts
    945

    "Does everyone get full education benefits?"

    On children's schooling, it is reasonable to expect the employer to pay for the cost differential between typical education costs back home and those in transfer location (at least from the age of 4 or so). In expat postings to HK, it is not expected that the schools will be the local ones but those which are comparable with the education curriculum back home - which translate to "international schools" (unless of course you wish to go local but that should be your choice, not something forced on you). E.g., in my Canadian company, public schooling in Canada is the benchmark. It is free. Therefore they cover entire education cost in HK in "suitable" international schools. If a school requires a debenture, they may cover that if not too extravagant (or in cases I know at HKIS a capital charge in lieu of debenture).


  6. #26

    Join Date
    Jan 2006
    Location
    Fo Tan
    Posts
    2,389

    Our schooling benefits run on the same logic that HKFella pointed out. Being from GA we also get pre-school money due to the fact that pre-school in GA is funded by the state lottery (and is, therefore, free).


  7. #27

    Join Date
    Jul 2006
    Posts
    130

    In banking a normal housing allowance for people not on the xpat package is 25k/month for someone making about 200k USD a year.

    much more if you are gong as an 'expat'


  8. #28

    Join Date
    Apr 2003
    Posts
    12,383

    >> much more if you are gong as an 'expat'

    And presumably deliverying atleast 500% return on investment.


  9. #29

    Join Date
    Jan 2006
    Location
    Fo Tan
    Posts
    2,389

    [QUOTE=KnowItAll;114199And presumably deliverying atleast 500% return on investment. [/QUOTE]

    Well, right. The more money you spend on education, the better the education. Money solves and guarantees everything. I can't think of a single individual who went to a private school in the US and didn't come out a genius; well above the public school peers.


  10. #30

    Join Date
    Jul 2006
    Posts
    130

    'And presumably deliverying atleast 500% return on investment. '

    I hope so. Thus far it has in London when I moved their from the USA september last.


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