PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
caponeil
 
Comments: 38
Article views: 2706
 
 
Latest Badges:



 
View all caponeil's badges.
 

This article has been selected as an Editor’s Choice report. Articles are selected based on quality of writing, audience response, newsworthiness and originality, and is at the discretion of the MyNews24 editors.

Before you leave SA - compare!

14 July 2012, 13:50
I have been planning on migrating to Australia for a while now. I finally received an offer from a company and I thought I would share a couple of things with everyone.

Most people, mostly uninformed, will look at an offer on face value. Although the amounts seems astronomical compared to your South Africa Salary, look at it a bit closer. Before you make your mind up consider the following.

Lets assume that you currently earn R400 000 per month and you get offered around AU$ 80 000 (which is a good median). On face value this looks great because at the current exchange rate it amounts to just over R664k. Now we you compare this you say, this is an increase of 66%. Now that is not bad.

If you start evaluating it a bit more and use sites like numbeo you will quickly see that cost of living is probably a lot more. As a comparison between Johannesburg and Brisbane you will find a couple of differences based on housing, vehicles, entertainment and more. I have calculated that Brisbane is 1.64 time more expensive than Johannesburg. So what does that mean from your salary offer.

If you take you current salary and multiple by 1.64 you will get R656k. Compare that to your offered salary of R664k you will see that it is only worth about a 1% increase. Yes this is guided by a couple of sites and my own interpretation and calculation but it is not very far off.

Start looking at tax structures, cost of moving there etc. you might be surprised that you are better off, financially, staying in South Africa.

Use it, don't use it -

Note: Does not reflect my own salary, circumstances in any way

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
38 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Nicholas K Mashabela
Are you a corrupter or a corrupte...

Many of our people, desperate to acquire drivers’ licenses, have for many years, found themselves being corrupted by traffic officials at driving schools.  Read more...

0 comments 829 views
Submitted by
Linda De Rooster
Children losing out

I am an Educational Psychologist who does a lot of psycho-educational assessments with children with special needs.  Read more...

0 comments 178 views
Submitted by
Sindiswa Ramokgata
Voters: Mindless Sheep?

In this godforsaken country of ours, one can only shake one’s head at the naivety of the mindless masses (MMS’s) who make up the vast majority of voters. Read more...

0 comments 480 views
Submitted by
Martin Albert
The decision on who to vote for i...

Much has been said about voting or not voting and who to vote for. I believe that both decisions are very straightforward. Read more...

0 comments 805 views
Submitted by
Colin Webster452
MSSA's General Secretary to be a ...

120 officials from e-sports and sports industries will participate in the Global e-Sports Executive Summit,which will be held by International e-Sports Federation (IeSF) in Shanghai, China for 2 days, from July 30th to July 31st. Read more...

0 comments 63 views
Submitted by
Struan Robertson
Why Does Science Set Us Free?

Why does science set us free? The short answer. Science sets us free because as a method of inquiry it is about the pursuit of truth and as the universal law stated in John so clearly says it is knowing the truth that sets us free. Read more...

0 comments 699 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2016 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.