°µÍø½ûÇø

Menu
°µÍø½ûÇø
Search
Magazine
Search

Is 35k a good salary for Abu dhabi

adhikarysudipta

Hi all, need some help.

I recently got a offer from a local bank for 35k a month and total annual travel allowance of 30k for family. I currently work for a well known international bank in India in a mid Sr management role in compliance and have total work exp of 21 yrs including 5 yrs in Singapore. In the family it's me, my wife who is working as a teacher in a top school and my 13 yr old daughter. I currently have a annual pay of 6600000 INR (Taxed at 35%) and manage to save about 200000 per month. If I move alone to Abu dhabi for say 2 yrs  (will have to pay rent and school fee in india) I anticipate my monthly savings will be around 400000 month plus any annual bonus I may get. What your thoughts please?

See also

Living in Abu Dhabi: the °µÍø½ûÇø guideSalary & legitimacy check – Abu Dhabi JobFeeding Stray CatsJob Offer in UAE - Is AED 35,000 a good salary?New in AUH...Struggling To Meet New People...Then Read This!!!
Mayank

Hey!


I feel like you are moving there due to financial reasons as your savings will be more than what you were saving before. There are many pros of moving to Abu Dhabi such as higher savings, tax-free income, international experience and of course better quality of life along with lower cost of living. You also have to face many challenges like family separation, career growth, hidden costs and India based expenses.


Overall it also depends what factors matters most to you - financial, your career or your personal life?

XTang

First of all, it is always better for you to post financial figures in USD on an international forum as that would avoid having potential responders needing to go do currency conversion before typing out something.


Also, I suspect that your saving figures in AD are very optimistic unless you are really willing to put up with a downgrade in your lifestyle.   UAE as a whole is MUCH more expensive than your part of the world - you can search the forum for inputs on rentals etc.    There are many hidden costs that you probably haven't considered e.g. depending on where you live, you may need to have a car or a taxi service........will you cook when living alone or eat out........etc etc.


On another note, don't fall into the trap of comparing your local salary with the UAE salary.   There should be zero comparison between what is paid to you currently vs. what is offered, as the cost of living of the respective locations isn't factored in (UAE being a dollar based international standard cost of living geography).  Instead, what you should look at is WHAT is the average compensation range IN the UAE for the role that you are being offered?   employers abuse this all the time...........someone coming from India is given a 50% jump vs. their current salary whereas the real market benchmark for that role in the UAE is 200% higher than India (which a westerner who is earning in USD would take).   I am not a banker but honestly, for someone with 21 years of experience in a mid to senior management role, this is a low ball offer.


I had this "almost" happen to me more than a decade ago when I had returned to Pakistan after multiple stints with employer abroad.  Senior management with 15 years of experience - at that time.  I was interviewed for jobs and someone made an offer of, don't remember, but something like 25K which, at the time, was more than 50% higher than my local salary.  I politely said no as the role's market worth was higher than that.  The HR person went on to ridicule me saying that no one would ever pay that much.  Long story short, I ended up accepting a role in the UAE 3 months later at a starting salary of 60K.


So don't be desperate and know your worth.  Otherwise you become like those people moaning here about how all the high paying jobs go to western passpot holders.Â