PLEASE NOTE:

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

 
caponeil
 
Comments: 40
Article views: 2683
 
 
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
40 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Dr. G. Dharmaraja
NUMSA launching the left party

NUMSA has been expected to fulfill the longstanding dream of South Africa’s toiling masses: a new movement for socialism.  Read more...

3 comments 172 views
Submitted by
Trevor McArthur
In defence of the opposition to s...

To the security cluster ministers: It is not the EFF that is posing a threat to national security but yourselves! Read more...

4 comments 120 views
Submitted by
Inspired Parenting
Parenting Leaders

A new law is being drafted in SA to stop parents smacking their children. This is extremely good news. Read more...

11 comments 100 views
Submitted by
JohnDough
Denied access to your children?

I understand that each and every divorce case is different, but the denial of access and withholding of maintenance are way too often used as weapons.  Read more...

6 comments 343 views
Submitted by
lizeka.maduna
Vagrants took to the streets

Scores of Vagrants took to the streets in Durban on Friday. Durban whoonga addicts paraded down West Street to the Durban City hall to hand over a memorandum to eThekwini mayor James Nxumalo.  Read more...

6 comments 411 views
Submitted by
John Madhiri
Freedom of expression

I get the idea that whilst we are free to express ourselves we should endeavour not to be offensive of to incite responses that lead to disharmony! Read more...

3 comments 140 views

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 40% off fashion accessories

Save up to 40% on selected handbags, purses, watches, jewellery and more. Offer valid while stocks last. Shop now!

Save up to R2000 on top electronics

Get every day mind bowing savings on top electronics. Offer valid while stocks last. Shop now!

As seen on TV - New book releases at only R199 each

Get mind blowing book savings on new titles. Offer valid while stocks last. Shop now!

Save up to 50% on Women’s month treats!

Celebrate the awesome women in your life with awesome treats like beauty products, fashion accessories, bestselling books, electronics and more. Offer valid while stocks last. Shop now!

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. 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.

 
Interactive Advertising Bureau
 
© 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.