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Post by candidate638 on Aug 18, 2021 13:02:15 GMT
Is that $162k USD annual bass?
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Post by ah on Aug 18, 2021 19:54:10 GMT
Is this the sum of base salary and benefits supplements?
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Post by candidate638 on Aug 19, 2021 18:35:05 GMT
I think at the face of it it might seem low but you need to consider the heavily subsidised accommodation that otherwise would easily set you back 17-20k SAR per month or even more depending on which compound you go for. Also subsidised facilities inside compound like bowling etc so I am told
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Post by CanuckSnowbirdinginUSA on Nov 26, 2021 16:30:11 GMT
Hi all, Any thoughts on an offer at 162K base, relocating to saudi, excluding the overbase and supplement? On paper this figure is just over half my current base salary in my home country (EU), and so wondering how it's calculated, as less than expected. Looks like the only advantage on this offer is tax savings, though is only around 15% after numbers crunched. Any thoughts welcome. thanks Bob Just out of curiosity Bob, what line of work do you do? According to above, your annual base in the EU is over $320,000 USD ($27,000 USD monthly base). That's at the level of top 5% earners. Just for my own sake because I think I'm working in the wrong field LOL Or it maybe too late for myself, but I atleast I can tell my kids what to choose for studying at UNI  |
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arcticengineer
Senior Member
Posts: 171
Job Status: Accepted Aramco Job
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Post by arcticengineer on Nov 30, 2021 16:57:32 GMT
Everyone has to make their decision based on their own situation and needs. The offer I accepted was a base pay about 10% less than my US salary, I had heard in years past you could expect about 10% more than your current salary but of course everyone's situation is different.
I would say on US payroll when I look at the entire package and account over base, 401k match, retirement (I joined in 2019 before the plan was significantly cut), tax break, bonus et al I would have to make double my US salary back in the states to even out what my package provides me. Assuming I put in at least 5 years to get the retirement. That isn't to say I make twice as much money, but I would have to make twice as much before taxes to equal what I end up with between salary and benefits.
You can negotiate your offer and they have some flexibility. That said they are constantly trying to cut costs and I would say for general engineering salaries they aren't astronomically higher than Western salaries for most positions.
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