PLEASE NOTE:

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

 
caponeil
 
Comments: 41
Article views: 2673
 
 
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.
 

Read News24’s Comments Policy

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
41 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
CandK
The pearls of an Atheist Easter

I have an extended family that are Christian, and we are not talking the love they neighbour, forgive your mates and do the right thing, of the good old bishop Tutu kind. Read more...

8 comments 217 views
Submitted by
Makate Rapulana
The colour of corruption

The word "corruption" is without doubt the most (ab)used and politicised word in South Africa.  Read more...

5 comments 131 views
Submitted by
Makate Rapulana
Who is watching the watchdog?

The late chief justice Pius Langa once averred: “I think judges should have a thick skin. We work in public, we give our judgments in public, and we give reasons for those judgments." Read more...

1 comments 55 views
Submitted by
Narian Chengiah Naidoo
A Civilized Society

Oliver Wendell Holmes Jr. said, "Taxes are what we pay for a civilized society." Those words carry value and meaning only if "civilized" is understood as being good, happy and beneficial to all citizens. Read more...

7 comments 503 views
Submitted by
Rodney Bevan
SA under Zuma

Jacob Zuma, along with a handful of cronies has single handedly almost destroyed the country, its people and its economy. Read more...

37 comments 2791 views
Submitted by
The Fox 5366
Illegal Miners: Voiceless Prostit...

There's been a lot said about legalising prostitution so that prostitutes can be protected, receive healthcare and not be victimised. Read more...

11 comments 643 views

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now!

Kalahari.com - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on kalahari.com. While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as kalahari.com’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! Offer valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

 

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 your iPhone Get News24 headlines on your iPhone.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

Calais Website keywords automated by OpenCalais.

 
Digital Media & Marketing Association
 
© 2014 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.