Of course they will leave out something !!! Don't ever think they list down all your needs. They basically use a "generic" package for you. Do you think they will offer an "ideal" package for you ? Not in a million years.
So dig more. Frankly, what i read from your package there's a lot of things to dig.
Good luck.
First, whatever salary they ask, make sure it is 20%-30% more from your current salary. For the package it all depends on your lifestyle ( spouse, how many kids etc).
If you really serious don't want to lose any money in the package and maximise your expat package, you need to get the expat self-assesor tool. It basically a self assessment spreadsheet checklist with about 90+ questions that will scrutinize your needs and worth. It takes only 3-5 minutes to assess and diagnosis your self.
As an expat, "salary" is only part of the deal, of course you should negotiate. Let's say in the range of 20% to 30% above your current salary. That's the international HR consultant recommendation. Even you get 30% more you are not fully compensated. What's more important and will affect your overall income is the expat package. This is the focus.
And expat package nego need a bit of "tips and trick" because the company know that you have no idea what to ask for. And they always wait you to ask. Asking some good people here is only half the battle because your needs and lifestyle are different from their needs. JObs, rank, experience, nationality, family status, etc all are factors.
If you know the "trick", the company will feel "guilty" not to grant you anything you ask. Some expat secretly lives only with their package without touching their base salary. That's the reality.It is always about your lifestyle when comparing salary. Expat package vary even in the same company between your colleague.
The thumb rule of asking a salary in foreign country, is always take your 'home salary' as a guide. If the your salary in your home country is $10,000 a month , then expect in Thailand is at least $10,000 as well; no matter how the market of that salary in Thailand. What's more you can even ask benefits and compensation if the situation needs.
You as an expat with a set of foreign skills won't expect a lower local salary right ? It is unlikely an expat works for a lower salary than a local.
First, whatever salary they ask, make sure it is 20%-30% more from your current salary. For the package it all depends on your lifestyle ( spouse, how many kids etc).
If you really serious don't want to lose any money in the package and maximise your expat package, you need to get the expat self-assesor tool. It basically a self assessment spreadsheet checklist with about 90+ questions that will scrutinize your needs and worth. It takes only 3-5 minutes to assess and diagnosis your self.
Basically in the end, it will pinpoint your "deal breaker". After you knew your "deal breaker", you will enter into "The Game Changer" phase. Meaning that the negotiation will flow to your advantage. In other words, its a matter of asking whatever you want from the company. The company will feel 'guilty' if they cant offer what you ask at this phase.
This is an insider guide of negotiating an expat package, i must say.While the salary looks good, the package is questionable.
Good salary sometimes 'hide' your real compensation needs, because that's what a normal working person always think of first , that is "salary" only.
As an expat your real needs is different, you need a "compensation" first and then benefits.
As i see your package, i will ask , what about your spouse ? Any allowance ? You might lose thousands there if you miss to ask.
The thumb rule of asking a salary in foreign country, is always take your 'home salary' as a guide. If the your salary in your home country is $10,000 a month , then expect in Thailand is at least $10,000 as well; no matter how the market of that salary in Thailand. What's more you can even ask benefits and compensation if the situation needs.
You as an expat with a set of foreign skills won't expect a lower local salary right ? It is unlikely an expat works for a lower salary than a local.
Alternatively, you can use the Expat Salary Calculator to find out your needs based on your lifestyle in comparison to other country.It's not hard to negotiate if the company wants you in the first place. Then all you have to do proof them what your biggest loss when working overseas, leaving behind your home country. It maybe your morgage leaving house empty, your spouse loss salary etc.
Logically, after they know that you have a strong reason to ask a "compensation" a.k.a higher salary or benefits. When evaluating working overseas, don't ever ask "based on insight from other people experiences" you sure will lose money. Your lifestyle is difference from others. Remember that. While the salary looks good, the package is always not maximum. They supposed you to negotiate.
Good salary sometimes 'hide' your real compensation needs, because that's what a normal working person always think of first , that is "salary" only. As an expat your real needs is different, you need a "compensation" first and then benefits. You as an expat with a set of foreign skills won't expect a lower local salary right ? It is unlikely an expat works for a lower salary than a local.
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