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Raikonen
01-11-2011, 04:48 PM
A nephew of mine in late 30s got a job offer to work as senior manager in a global IT firm in Shenzhen...Paid about RMB45K per mth plus about RMB6K for accomodation/food..

Anyone who has any experience working in China or Shenzhen specifically? Not sure what he should look out for i.e. accomodation, tax rules, transport etc...

One thing for sure access to Internet would be limited..The last hol i had to china, i cant access Facebook or google...

Any advice would be much appreciated..

Rhiga
01-11-2011, 04:57 PM
Facebook and Goggle are blocked in PRC… as they refused to comply with the local rules..

Only Yahoo there… and local search machine like Baido.. etc.

RMB 45k is good salary for a Malaysian at late 30s...
If he currently work elsewhere like in Singapore, etc.. then may not be very attractive..

RMB6k is not much for a decent apartment… especially for family..

coleslaw
01-11-2011, 05:15 PM
though cost of living is generally lower in shenzhen...
what is offered is not attractive at all to relocate...

the figure sounds fantastic but if you know the cost of living there..'it's enough to pass the day' only...

tupai
01-11-2011, 05:31 PM
Grossly underpaid for such a relocation. 6k is just survival with almost zero luxury. But every1 has a diff happy level. :cool:

It is sad, actually tragic that for years, decade even! msian 'expats' are the lowest paid of all expats, sporean included!. We have such great repute. Hard working with av. 50-60hrs/week!, honest, tri-lingual, conscientious, not too demanding as in most time pussy footing & pai-seh to ask....so, we ended up at the bottom rung of the expat remuneration ladder.

We are better than so many highly paid expats esp the bumming around westerners. But watch the subcontinent indians...they are young, smart, highly educated, speak fluent english (ok, lotsa head shaking to boot)...and they are also cheap like msian! :eek:

Yang Ada Berkejo disinisana TIU xlatotupai :cool:

USJ27Resident
01-11-2011, 05:47 PM
... just becareful he's not carrying anything for the 'company' to China... one too many cases of Malaysians landing lucrative jobs in Southern China ~ only to find out (too late!) that it is NOT office documents or spare IT parts... but DRUGS!!!

... the penalty there is the same like here. They (like our authority) don't care if you're stupid enough to become a mule or a donkey, as long as you carry drugs - you dead.! :eek:

DarkNite
01-11-2011, 05:58 PM
:eek:
Shouldn't he be paid in USD?

USJ27Resident
01-11-2011, 06:35 PM
:eek:
Shouldn't he be paid in USD?

... probably worthless paper soon...

... if you notice RMB100 used to be RM46.50 - NOW its worth RM51.00... gone up +/- 10% in six months...

... so if you're paid in RMB ~ chances are, you'd get a little extra pay raise every end of the month ( if you're sending money back to Malaysia!)

Raikonen
01-11-2011, 06:54 PM
... just becareful he's not carrying anything for the 'company' to China... one too many cases of Malaysians landing lucrative jobs in Southern China ~ only to find out (too late!) that it is NOT office documents or spare IT parts... but DRUGS!!!

... the penalty there is the same like here. They (like our authority) don't care if you're stupid enough to become a mule or a donkey, as long as you carry drugs - you dead.! :eek:

Shouldnt be the case...the company's supposedly a big telco player, Huawei.

I always thought that an expat package would be more...things like hardship and entertainment allowance :D Anway i think RMB45K after the tax and social security deductions, he's left with net pay of Ringgit17K plus the CNY6K housing/meal allowance..Which is at least twice what he is drawing now.

I think it will be a good global experience for him and also to pad up his CV and be more marketable...It is however a different working culture altogether plus his mandarin is pretty basic, not working level.

Anyone had any recent working experience in Shenzhen? I have never stayed long in China to offer any concrete advice but i think perhaps any foreign work experience would be good.

SiangMalam
01-11-2011, 09:55 PM
After personal income tax... around 35% for expats... finito... everyday eat sweet potato soup by the roadside stall....

If the employer has an office in where he is relocating from, say if he is relocating from KL, to keep him on payroll in KL, he'll be tax free for his income earned in KL since he is, under the Malaysian Income Tax Act, a non-resident Malaysian.

Just employ him as as a "consultant" in Shenzhen - just take the housing allowance and maybe 10-20% of his pay in Shenzhen. Afterall no point being paid a lot there too since you cannot repatriate your money home...

kwchang
01-11-2011, 10:52 PM
... i think RMB45K after the tax and social security deductions, he's left with net pay of Ringgit17K plus the CNY6K housing/meal allowance..Which is at least twice what he is drawing now..
Once you compare with the level of earning in Malaysia, you must also factor in the cost of living. Are you assuming that the cost of living in the foreign country is similar to KL?

I have a HongKong friend and when they talk about salaries, it is in the hundreds of thousand. Buying stuff is in the thousands. With Shenzen so near HK, you think their cost of living is as "low" as KL?

As an expat getting 2X the current pay in KL may not be such a big deal after all. Work out other hidden costs - does the employer contribute to his retirement fund? what about health insurance? We take a lot of things for granted here and forget to add all these costs

Remember, an expat gets paid more than a local because his job is not life-long, he is on a contract and the higher pay is to factor in all the hidden costs.

Just google for "shenzhen cost of living"

cpleong
02-11-2011, 09:57 AM
Is the RMB45k all-in-one price?

Do not forget that in Malaysia, if you have a RM45k salary, your employer contributes 11-13% of your EPF, which makes your entire package actually more.

On top of that, they have coverage for other benefits.
If RMB45k is all-inclusive, your relative have to understand what is the actual package, end to end, eg. inclusive self medical benefits, self dental, self this, self that...and no EPF; and then consider if the package is worth it.

If his life journey is about understanding the Chinese biz culture and in the future continue to grow his business in China thru his network, then it may be worth it.

If it's a one-shot deal, and the package is all inclusive, and he has no eye sight to return to China, then he need to consider this properly.

currymee
02-11-2011, 10:01 AM
The guy is still young - SO GO FORTH and SEE THE WORLD .... :D :D - as long as you are paid enough to cover your expenses .... :cool: You calculate too much, you end up "losing" by not seeing the WORLD ...

Le Monde sur la plate ... ;)

Raikonen
02-11-2011, 02:22 PM
Is the RMB45k all-in-one price?

Do not forget that in Malaysia, if you have a RM45k salary, your employer contributes 11-13% of your EPF, which makes your entire package actually more.

On top of that, they have coverage for other benefits.
If RMB45k is all-inclusive, your relative have to understand what is the actual package, end to end, eg. inclusive self medical benefits, self dental, self this, self that...and no EPF; and then consider if the package is worth it.

If his life journey is about understanding the Chinese biz culture and in the future continue to grow his business in China thru his network, then it may be worth it.

If it's a one-shot deal, and the package is all inclusive, and he has no eye sight to return to China, then he need to consider this properly.


I think that the employer is paying for his medical, social pension etc which comes to more than 30% he has to pay about 10%. Has thrown in a one-time 20K relocation allowance as well.

I think that he's going for a change and international exposure...Has been working at a GLC for a decade and has hit the glass ceiling if you know what i mean....has an episode recently and asked to balik tongshan so i think he's taking it literally :D

Not sure abt his pay..coz even GLCs GMs or senior mgrs with more experience will get more than the offer....

Rhiga
02-11-2011, 02:30 PM
Nowadays, full expat terms is rare in PRC. I don’t know about IT industry, I am referring to my oil & gas experience..

My former employer, bp has different terms for local employee who aspire to work abroad – family expat, individual expat and local terms..

Family terms is comprehensive – include accommodation, local transport, international school for employee’s children and other costs associated with the new post.

Individual expat terms include all in the family expat terms except it applies to those who are single i.e. no spouse and children.

Local terms do not cover accommodation, local transport and children education.. Basically, you get a new job and new pay without anything else, just like you work in your home country where you bear all the associated costs going to work.

When I was posted to Zhuhai for a two months short assignment (Zhuhai is one of the petrochemical hubs in PRC, something like Kertih in Malaysia), I was only offered extra allowances and stay in hotel with local transport provided. Btw, Zhuhai is very near to Shenzen, about 50-60km.

Hard to beleive, it is easier for us to get full expat terms when asked to go to Aberdeen than cities like Shenzen and Shanghai due to the expensive accomodation/rental in these cities.

Ok.. back to your nephew post in Shenzhen.. My opinion is it is good for his CV as it will provide the crucial overseas working experience. Overseas experience is critical to look for jobs which pay above the industry average in boleland...

Gone are the days where employee (especially Malaysian) can demand generous perks when applying an overseas job..

Seriously, for a country like PRC, practically you can’t find a job now where they don’t have local talents and need to rely on expat.. maybe with the exception of English teacher..

Lastly, there is a big difference when you apply a job or you are headhunted for the job…. especially in MNC when negotiating for perks.

Raikonen
02-11-2011, 03:01 PM
Ok.. back to your nephew post in Shenzhen.. My opinion is it is good for his CV as it will provide the crucial overseas working experience. Overseas experience is critical to look for jobs which pay above the industry average in boleland...

Gone are the days where employee (especially Malaysian) can demand generous perks when applying an overseas job..

Seriously, for a country like PRC, practically you can’t find a job now where they don’t have local talents and need to rely on expat.. maybe with the exception of English teacher..

Lastly, there is a big difference when you apply a job or you are headhunted for the job…. especially in MNC when negotiating for perks.

Thought so too but i think it will be a cultural shock for him working for PRC MNC compared to local GLCs..Wont be any work-personal life balance plus he's married but no kids yet. Wifey how hmmm

The fell was headhunted and flown over all expenses paid to Shenzhen for interviews. Funny thing he requested the interview to be in English which interviewers said no prob but it ended up they asked in mandarin while he replied in english and finally used mandarin...like that veli hard to work...i think the challenges for him would be language and cultural rather than technical...

wongjie90
02-11-2011, 04:43 PM
Thought so too but i think it will be a cultural shock for him working for PRC MNC compared to local GLCs..Wont be any work-personal life balance plus he's married but no kids yet. Wifey how hmmm

The fell was headhunted and flown over all expenses paid to Shenzhen for interviews. Funny thing he requested the interview to be in English which interviewers said no prob but it ended up they asked in mandarin while he replied in english and finally used mandarin...like that veli hard to work...i think the challenges for him would be language and cultural rather than technical...
My friend worked as a GM in Shanghai 15 years ago and he totally cannot speak Mandarin and the company employed a translator specially for him. At that time, his salary is about Rm 500k per year and contract for 2 year. One Condo for his family and they also pay for his child education in Shanghai. Anyway, cultural and language for him was not a problem but your ability to handle chinese people & technicality are the main factor to make you stay longer in the company because they will find whatever ways to test whether you are capable or not.

DarkNite
02-11-2011, 04:55 PM
Thought so too but i think it will be a cultural shock for him working for PRC MNC compared to local GLCs..Wont be any work-personal life balance plus he's married but no kids yet. Wifey how hmmm

The fell was headhunted and flown over all expenses paid to Shenzhen for interviews. Funny thing he requested the interview to be in English which interviewers said no prob but it ended up they asked in mandarin while he replied in english and finally used mandarin...like that veli hard to work...i think the challenges for him would be language and cultural rather than technical...
Just need him to be aware of the numerous establishment selling sex, alcohol, drugs(creative included) and gambling dens.
Many of the citizens there see him as their potential ticket out of poverty and China.

Raikonen
02-11-2011, 07:04 PM
Just need him to be aware of the numerous establishment selling sex, alcohol, drugs(creative included) and gambling dens.
Many of the citizens there see him as their potential ticket out of poverty and China.

Haha he is happily married and plans to take his wife there.
Moreover he can't stand mainland Chinese ladies and their slang

ric
02-11-2011, 07:34 PM
"he can't stand mainland Chinese ladies and their slang"

Don't be too sure till he is there!!!

USJ27Resident
02-11-2011, 11:06 PM
"he can't stand mainland Chinese ladies and their slang"

Don't be too sure till he is there!!!

so true... why you think the MCA dragon ladies dun wan the original dragon ladies working as maids here !!! :p

*ps: heard about this?? - lady plonks herself next to an old Chinese guy (from the looks & english accent, either singaporean or malaysian!) anyway - she striked up a conversation... and they chatted... when his friend arrived, he said thanks and nice chatting, she said "YOU PAY ME"...

he was like "HUH?".... next thing you know, there were MALE associates of hers, DEMANDING payment for her, keeping him company..... even the hotel security decline to intervene... *

Now you tell me - if China is a safe place to be ??? It is... if you're SMART enough to stay out of wrong places or NOT STUPID enough to get 'wayang'ed' :p

SiangMalam
03-11-2011, 01:00 AM
so true... why you think the MCA dragon ladies dun wan the original dragon ladies working as maids here !!! :p

*ps: heard about this?? - lady plonks herself next to an old Chinese guy (from the looks & english accent, either singaporean or malaysian!) anyway - she striked up a conversation... and they chatted... when his friend arrived, he said thanks and nice chatting, she said "YOU PAY ME"...

he was like "HUH?".... next thing you know, there were MALE associates of hers, DEMANDING payment for her, keeping him company..... even the hotel security decline to intervene... *

Now you tell me - if China is a safe place to be ??? It is... if you're SMART enough to stay out of wrong places or NOT STUPID enough to get 'wayang'ed' :p
He asked for it... why so gatal to continue talking. I would have asked for the hotel GM himself if ever the security don't lift a finger to help me out... that is why I always carry a photo of myself with President Zhang Jemin both wearing batek - snapped at a cocktail reception when he visited Brunei and attended the Brunei China Business Council function... scare them with the photo.... :D

Rhiga
03-11-2011, 10:57 AM
Well, looks like focus has shifted to precautionary measures for male working in PRC.... :p

Ok, if he is going to stay in Holiday Inn in Beijing (there are countless Holiday Inn in Beijing).. Be very alert of Alatunya’s sisters.. :eek:

I have Kwei Loh colleague got trapped and obediently paid for freedom..

I once got into deeper conversation with one hottie from the Genghis Khan descendant, she knew many things/places about Singapore – must have “study” in Singapore before…

Seriously, don’t play play.. they are hot and irresistible.. :D

logicman
03-11-2011, 01:51 PM
"he can't stand mainland Chinese ladies and their slang"

Don't be too sure till he is there!!!
Just restrict himself to Dongguan, Humen, Jiangmutou, Changan, Houjie and Changping could saves him a lot but again one need to expose to the world so it would be meaningless to be in Shenzhen if you don't see much of Guandong Province....hehehe.

tupai
05-11-2011, 01:58 PM
did i post or was it deleted by Mod? Idf i forgot 2 hit the enter button...here goes what i tot i penned...I actually dotn remember leow.

In Shanghai, for USD500-700/month, any expat can get a 36C-26-36 green eyes Mongolian hottie who can double up as housemaid, soup-boiler, laundry woman, tour guide and sleeping dictionary ! all rolled into 1. :cool:

So, never say never and dont let temptation of the feminine kind, get the better on ye! :D


Yang Ada Berpengalaman TIU xlatotupai :cool:


p/s If the orig got deleted by the Mod> SHAME ON YOU! GROW UP, be a MAN, and LOOK around and FACE reality! DOnt be a katak under a coconut shell! But ahhh, If i barked at the wrong tree...sorry ah! :p

Raikonen
05-11-2011, 02:21 PM
Sure boh? Altantuya seemed to have asked for more than usd500..

Back to topic, the company have upped the offer by another 50% so it seem to be a go ahead

DarkNite
05-11-2011, 03:45 PM
Sure boh? Altantuya seemed to have asked for more than usd500..

Back to topic, the company have upped the offer by another 50% so it seem to be a go ahead
are we invited to his farewell BBQ party? :D

kwchang
06-11-2011, 12:56 AM
did i post or was it deleted by Mod?...
Deleted yr post?I didn't even see it and furthermore, I was off the whole day becoz the Forum server kept going offline. Most probably yr post never got off 1st base due to the series of hangs

Naka
06-11-2011, 06:51 AM
[COLOR=Red]In Shanghai, for USD500-700/month, any expat can get a 36C-26-36 green eyes Mongolian hottie who can double up as housemaid, soup-boiler, laundry woman, tour guide and sleeping dictionary ! all rolled into 1. :cool:

So, never say never and dont let temptation of the feminine kind, get the better on ye! :D


No need to go that far lah, u can change your 'all-in-one'-Spanish-Filipino-maid weekly/monthly at most estates in the east coast in Sabah. :D

tupai
06-11-2011, 12:00 PM
Deleted yr post?I didn't even see it and furthermore, I was off the whole day becoz the Forum server kept going offline. Most probably yr post never got off 1st base due to the series of hangs

Mr Mod... I am sorry. mea culpa. A thousand apologies for barking/leaping up the wrong tree and throwing nutz at u. :o


Naka ~ the employer is in shanghai lah. The employee wanna know more about lifestyle, cost , red alert, party life, conjob, scam etcetc there lah...Whats that gotta do with east coast of sabah? U can start another thread on this lah...and i can regale u eastern tales from sandakan to tawau for a bottle of glenmorangie. :p

Yang Ada Banyak cerita TIU xlatotupai :p

SiangMalam
07-11-2011, 01:29 AM
If wanna have fun, pick the best, pay for it.... otherwise go back to the room and play online sudoku on the iPad...don't expose yourself to extortion and possible violence with all this flirting... when I hear comments like Altantuya's sisters being charming, irresistable etc here... no wonder so many come back with the front tooth knocked out!

cml
08-11-2011, 03:08 PM
Malaysians are generally paid 'malaysian' country rates when employed for overseas. With the exception of some mncs where they do no discriminate which country you come from. I went for an interview once in spore where the job on offer was in Tianjin and the company was a singapore glc. We were talking about the package and from what i gathered they were prepared to pay only about 30 % over what they would pay a typical singaporean at that seniority so I told the fella straight in the face that they would not be able to get any sporean to go and work at that rate and it would be just barely acceptable for a malaysian. If that guy was desperate then it would be a different story.

SiangMalam
09-11-2011, 02:30 AM
Malaysians are generally paid 'malaysian' country rates when employed for overseas. With the exception of some mncs where they do no discriminate which country you come from. I went for an interview once in spore where the job on offer was in Tianjin and the company was a singapore glc. We were talking about the package and from what i gathered they were prepared to pay only about 30 % over what they would pay a typical singaporean at that seniority so I told the fella straight in the face that they would not be able to get any sporean to go and work at that rate and it would be just barely acceptable for a malaysian. If that guy was desperate then it would be a different story.You're right. Regional MNCs don't treat Asians as full-fledged expats, only the global MNCs... just compare my two nephews in HK.... the one working as a young investment banker with Citigroup flies business class even if it just a 2-hour flight.... his brother who is with DBS in HK (also investment banker) flew all the way to Sydney economy....

cml
09-11-2011, 09:44 AM
Even international accounting firms do that. a colleague of mine was offered RM18k to work in Hong Kong a couple of years ago, He is middle level and the rental alone takes up 6k. He was earning about 5k in malaysia but for that kind of money i think it is not worth going. Maybe he thought that he was getting paid more than 3 times his existing pay.

layman
09-11-2011, 09:51 AM
well taxes is only 17% in hk/sing.you still make a lot more for doing the same chores!!!!
thats why domestic helpers prefer hk/taiwan to malaysia!!!

currymee
09-11-2011, 09:53 AM
But the CURRYMEE SUCKS in these areas wor .... also LOUSY hawker food compare to our local fare .... :D

So, the "compensation" has to be HIGHER for additional "hardship" ... ;) ;)

Speaking of "hardship", let me relate that when I was a student in UK back in the 80s, after 2-3 years of study, a packet of nasi lemak (cold some more in winter) sold by the local Malaysian grocer in Kilburn NW6 (London) cost about GBP2-00 per packet :eek: (around RM10.00 then) when back home was selling at less than 50 cents then - ALSO SOLD OUT every bloody Saturday morning like HOT CAKES !! Have to QUEUE to buy nasi lemak and it was such an expensive treat that can only afford ONCE A MONTH when the craving gets too much to tahan !!!!

So make sure you are "properly" compensated leh .... :p :D :D

Rhiga
09-11-2011, 11:00 AM
You're right. Regional MNCs don't treat Asians as full-fledged expats, only the global MNCs... just compare my two nephews in HK.... the one working as a young investment banker with Citigroup flies business class even if it just a 2-hour flight.... his brother who is with DBS in HK (also investment banker) flew all the way to Sydney economy....

This is the problem with some Asian conglomerates… they are always behind in search of human capital due to their “pound foolish penny wise” culture..

Citigroup and other global investment banks and consulting firms like Mckinsey are always the first priority for graduates from top-notch university, regardless of disciplines.....

They are a lot of non-finance and non-econ graduates in these firms. Of course, you must have a good MBA on top of the first degree. However, it is not a job for everyone due to the the culture of up or out. It is not a job for anyone above 30 years old… you will NEVER able to compete with others younger than you.

When I quit the offshore oil & gas, I applied various jobs with my MBA and was called for an interview with Mckinsey in KL. After the 1st interview, I knew I wouldn’t make it in the job regardless of the outcome of interview. I decided to take an “easy ” desk job with an oil major..

If I can turn back the clock... :( i.e. if I knew there was such company/job like Mckinsey immediately after my 1st degree, die-die I will try.... not just because of the remuneration packages but the satisfaction of being in an extra-ordinary working life.

If you have children/young relatives with excellent academic result in 1st degree (1st class honours, CPA above 3.7, etc), ambitious and with good interpersonal skills, ask them to explore and try their luck in these companies – Mckinsey, Bain, Boston Consulting Group, Citigroup, Goldman Sachs, etc..

Life is never the same once you are there..

Cheers

currymee
09-11-2011, 11:17 AM
....

If you have children/young relatives with excellent academic result in 1st degree (1st class honours, CPA above 3.7, etc), ambitious and with good interpersonal skills, ask them to explore and try their luck in these companies – Mckinsey, Bain, Boston Consulting Group, Citigroup, Goldman Sachs, etc..

Life is never the same once you are there..

Cheers

This part I fully agree ... however, allow me to point out ONE MAJOR NEGATIVE aspect I have discovered from those who had worked and thrived in these consultancy firms ... HUMILITY is not there .... most of them go around for the rest of their lives trying to be one-better in everything ("Master of The Universe" syndrome and drilling) .... so sad to lead a life in constant competitive mode .... :( .... been there, done there and walked away while I am still a nice person ... :)

Rhiga
09-11-2011, 11:31 AM
This part I fully agree ... however, allow me to point out ONE MAJOR NEGATIVE aspect I have discovered from those who had worked and thrived in these consultancy firms ... HUMILITY is not there .... most of them go around for the rest of their lives trying to be one-better in everything ("Master of The Universe" syndrome and drilling) .... so sad to lead a life in constant competitive mode .... :( .... been there, done there and walked away while I am still a nice person ... :)

Well, it is a bit like upstream oil & gas jobs (regardless of offshore or onshore), you will burnt out one day and said enough is enough..

Then, just quit and find an “easier' desk job..

With the track record in such company, it is a walk in the park to get a good desk job (provided you can take the different pace of life), and with the money earned from the previous job (provided you are a prudent and financially savvy person)… you DEFINITELY cut short 10 years or more to reach semi-retirement mode compare to other salarymen...

Cheers

SiangMalam
09-11-2011, 11:24 PM
Well, it is a bit like upstream oil & gas jobs (regardless of offshore or onshore), you will burnt out one day and said enough is enough..

Then, just quit and find an “easier' desk job..

With the track record in such company, it is a walk in the park to get a good desk job (provided you can take the different pace of life), and with the money earned from the previous job (provided you are a prudent and financially savvy person)… you DEFINITELY cut short 10 years or more to reach semi-retirement mode compare to other salarymen...

Cheers
Yeah... used to know one Malay engineer who worked on one of the platforms off Trengganu... he rides his Gold Wing from KL to Kertih and back every 2-3 weeks when he comes back onshore... he told me life is tough and he always look forward to the lone rides between Kertih and KL to keep himself motivated. And I remember he kept telling me each time I bumped into him at the popular teh tarek stall for bikers near Section 16 PJ - "just 3 more years, 3 more years and I can retire comfortably.... can set up my own laundrette shop in Bangsar Park!"

Some ppl work illegally as chefs in Japan and earn big money and then smuggle themselves home and open their own Sushi Bars. Those in Europe and the USA refuse to come back and prefer to start their life there... unless of course they are caught and deported and banned forever from re-entering...

Raikonen
15-11-2011, 01:05 PM
Just curious, if you can turn back the clock and are in the late 30s right now and are offered a total package of approximately RMB900K a year as a senior manager to work in Shenzhen, would you go?

Rhiga
15-11-2011, 01:41 PM
Just curious, if you can turn back the clock and are in the late 30s right now and are offered a total package of approximately RMB900K a year as a senior manager to work in Shenzhen, would you go?

RMB900k is about MYR420k.. about MYR35k per month..

Don’t know the details – tax free, accommodation and transport provided, children education ??

There is a lot of other non-fiscal considerations….

Late 30s normally is the time when one had started a family and likely with kids.

Expat at the age of late 30s and above should get the family package..

I wouldn’t do it if they can’t joint me..

tupai
15-11-2011, 02:19 PM
Just curious, if you can turn back the clock and are in the late 30s right now and are offered a total package of approximately RMB900K a year as a senior manager to work in Shenzhen, would you go?

Late 30s? Senior Manager by what definition in which category and field of work? if it was MNC, I wont do it for any less than RMB2.5-3mil +++package inclusive of family packages...and what also needs to be considered is this company that i am going to work for in china...is there a branch in msia? Can i get a lateral transfer when the contract expires or i simply wanna come back home. As age creeps up, I'd be hard pressed to find another equivalent job, what with younger faster people moving up the corporate ladder... :cool:

My friend's company has a few such inquiries from senior managers wanting to come back from china and a few other asean cties... :cool:

Yang Ada Berusaha disana TIU xlatotupai :cool:

HTCHONG
15-11-2011, 03:14 PM
1993, I was in Shenzhen for a 2 year-assignment. Cost of living then was much lower than now. One of the nights, I bought my senior staffs a Dim Sum dinner. As described by my ex-staff, we literally can't see each other across the table because we were blocked by the piled up Dim Sum baskets and that meal cost me only RMB 200! :eek: The salary of a factory worker then was about RMB600. They were happy with their incomes with 50% of the pay in RMB and the remaining in HK dollars. Then, the HK dollars was 10% higher in value than RMB. My secretary was drawing RMB1000, she quitted as an eye surgeon with monthly income of RMB300. She was hired for her reasonably good spoken English.

Nowadays, you can't have this luxury anymore. Salary of a factory worker multiplied to more than RMB2000 a month but things are much more expensive than before especially in recent years. A McDonald meal costs RMB25 to RMB30. A simple meal in a fast food restaurant costs you easily RMB30 and more. Rental of a normal apartment in Shenzhen is at least RMB7000 and not to forget about income tax and other healthcare expenses.

At 30s, the pay package is pretty reasonable but let's put all these aside and move on. It is definitely an experience to work there. Let's take it as a gateway to global market and serve as a career path. Meet up with the expatriates who work there and create opportunity for yourself. :)