PLEASE NOTE:

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

 
caponeil
 
Comments: 38
Article views: 2723
 
 
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
Sanele Sano Ngcobo
Why are they opposing National He...

We can’t once again postpone NHI, all lives matters. Students demanded free education, don’t be surprised when the next target is high quality healthcare for all.  Read more...

0 comments 500 views
Submitted by
Lisa Marcelle Hold
Youth Day 2017 - the sad reality

I have faith in our youth and I have the privilege of dealing with many young people of all races on a daily basis. Read more...

0 comments 93 views
Submitted by
Samantha Napo
State of our youth, state of our ...

As we await the next significant public holiday, let’s take the opportunity to think about our future and how we contribute to its significance. Read more...

0 comments 74 views
Submitted by
Thandolwethu Mene
Puppet Protector Busisiwe Mkhweba...

So there you have it folks. The Public Protector has ordered Parliament to amend the Constitution. Read more...

0 comments 258 views
Submitted by
Lesego Setou
Open letter to Cyril Ramaphosa: c...

Cyril Ramaphosa is starting to be remorseful of the Marikana tragedy and considering the fickleness of the reigning leadership, I do not know if it’s genuine or a necessary act to validate himself as a prospective president.  Read more...

0 comments 178 views
Submitted by
Nkanyezi Kubheka
Is SABC starving their actors?

The financial crisis at the SABC is a ticking time bomb and production companies are starting to bleed as actors go hungry. Read more...

0 comments 121 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
 
© 2017 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.