Maximizing Your Worth in International Relocation
)
)
If you're considering making an international relocation, one of the challenges is figuring out what you're worth in the market you're moving to. Here are some tips fromJamesandAshato prepare for your relocation!
Transcript:
James Parker:If you're considering an international move, one of the challenges is figuring out what you're worth in the market you're moving to. So Asha and I thought we'd offer a few tips.
Asha Turner Joesphs: You should expect to be paid fairly based on your experience relative to the local market. Don't assume your current salary will translate directly into local currency.
James: overly generous expatriate packages for external hires are kind of a thing of the past, so expect to be on a local employment contract.
Asha:In some parts of the world, annual bonuses and long-term incentives are very prevalent; in others they are not. For example, the Middle East.
James:Figuring out your net salary is not an easy task. You might want to get an accountant to help understand what your tax liabilities will be in the country of choice.
Asha:Most companies will offer a comprehensive relocation package. However, it may not cover everything. For example, the cost of selling a house.
James:be careful of using the cost comparison websites. They offer some very valuable information, however, you need to figure out what the cost of your lifestyle is going to be.
Asha:Corporate title are not uniform across the globe. Therefore, it's advised that you stud the organizational structure.
James:So in summary, the most valuable tip we can offer anyone considering an international move is - don't make is based on compensation alone. We hope this has been useful. Let us know in the comments.
Tags:
- Insight
- Talent Strategy
- Executive Search
)
James joined Venari Partners following ~6 years with Investigo as a Director before the company was sold to a large fund. Prior to this, James worked with Marks Sattin. He holds a BSc (Hons) in Sports Science and Anatomy from Coventry University. James is well known across the TTL sector, primarily commercial aviation, for his ability to help hire into senior Strategic, Commercial and Operational Management roles. James has assisted clients make prominent senior appointments, restructure and rebuild teams and perform talent analysis. James boasts a global reputation as an industry leader in the sector. His experience includes placing candidates with backgrounds in Strategy and Corporate Development, Revenue Management and Pricing, Sales and Distribution, Chief Commercial Officers, Chief Executive Officers, Chief Operations Officers, Loyalty, Network Planning and Scheduling, Maintenance and Engineering, Ground Operations and Flight Operations. Like many in the aviation industry, James loves to travel and is often found to be ‘on the road’ with work. He has a particular love of South America and South East Asia. James has a passion for all sports and a love of Rugby in particular. When not watching his beloved Auckland Blues (typically lose!), James enjoys spending time with his family and indulging in motor sports.
View Full Profile)
)
)
)
)
)
