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Relocating for most people is actually a bigger deal than it may seem. I personally have no problem with it and did just that at least once, but after returnin
by Tade0 6y ago
Relocating for most people is actually a bigger deal than it may seem.
I personally have no problem with it and did just that at least once, but after returning I asked around and most if not all of my friends and family would not do the same even for - and this was especially shocking to me - 4x the salary.
Apparently flexibility is rare and sought after.
- TeMPOraL 6y agoWas that 4x the salary truly 4x, after subtracting out the costs of living? I got an offer for an on-site job in London the other day, that would technically be ~1.5x salary boost - and ~5x the salary I had the last time I worked for a local company. But after subtracting out the costs of living, it turned out it would be effectively a 3x salary decrease, and at the same time a significant degradation in the standards of living. Turns out, London isn't a particularly friendly place for a couple with a toddler to move to.
- foogazi 6y ago> it turned out it would be effectively a 3x salary decrease What do you mean by 3x decrease? X/3 ?
- TeMPOraL 6y agoRight. Bad phrasing. I meant X/3. I.e. after subtracting the essentials, I'd be able to afford 1/3 of good and services equivalent to what I could afford in my current location on previous salary.
- pertymcpert 6y agoIf you're only being offered 1.5x your salary to move to London, then assuming you're in Poland, your current salary is very high for your region.
- TeMPOraL 6y agoThe salary I referenced is high for the region in general (and I had it on a remote contract with an US company, though in hindsight, it was under market rate), but not necessarily for our industry, for the position I would be otherwise aiming for locally. From my calculations, London works out quite well if you're single and willing to sacrifice heavily on the living space. It also works out a-OKish for two-income families with children at kindergarten age. Not so well with a toddler; I was shocked to discover that daycare costs more than rent on a two-bedroom flat west-side.
- Tade0 6y agoA lot has changed over the years here. My friends in Warsaw are pulling anywhere in the range of $55-65k per annum before taxes - that's at corona rates, which knocked close to 8% off our currency's value.
- Tade0 6y agoGiven that it was Zürich where CHF = PLN looking at sticker prices(with exceptions), my cost of living as a percentage of salary actually went down since I was renting a room instead of a whole apartment. In terms of what I could nominally save every month the difference was enormous. But yeah, with a child on board I would definitely have to get something larger paying somewhere in the order of 25-35% of my salary. But that's just CHF = PLN again, so no increase here.
- foogazi 6y agoI moved to the Bay Area for a 2.5x increase in TC and none of my former coworkers followed up for referrals Later I asked one of them if they wanted to know the salary range difference preferred not to think about it