Is this a good deal?

GoWithTheFlow123 · Feb 18th, 2009, 04:41

I have a senior position at my company in the US which also owns a subsidiary in India (Mumbai). I would like to move to India for personal reasons and the company is offering me about $75K which is about half my US salary. Is this a good deal? Should I be asking them for more? My job function/role does not change, just my location...

Boston123 · Feb 18th, 2009, 05:59

Quote:

Originally Posted by GoWithTheFlow123

I have a senior position at my company in the US which also owns a subsidiary in India (Mumbai). I would like to move to India for personal reasons and the company is offering me about $75K which is about half my US salary. Is this a good deal? Should I be asking them for more? My job function/role does not change, just my location...

Yes of course.. why would you not, given that your function/role is unchanged!! But what may change is the size of the business your job supports( I am assuming your senior position is overhead )... for example you could be a General Manager for a $ 50 Million( in sales) business in the USA, on your $ 150K salary.. but if the Indian business is only $ 3 Million in sales, then the $ 75K salary will appear more than adequate. I suspect your employer does this calculation, and you may want to review with them, so you have a good idea of what ( quantifiable benefit) your salary is bringing to the company. This info can put you in a better negotiating position.

And yes, $ 75K per year can be perfectly enough for some, and entirely insufficient to others.. and the same holds for $ 150K per year .. depends on the lifestyle you plan to lead.

GoWithTheFlow123 · Feb 18th, 2009, 06:50

Actually the situation is a bit unusual in that my job/function literally remains unchanged in that I will still be responsible for US business in the same amount as before...just operating out of India (read - working nights and travelling fairly often back to the US...) servicing/selling US market as before so the benefit to the company remains the same as when I was operating out of the US....they just get me now for half price!

SitaParityaga · Feb 18th, 2009, 07:24

Are they going to pay for your relocation and your housing in Mumbai? Any other percs?

GoWithTheFlow123 · Feb 18th, 2009, 07:31

Reloc and travel costs will be covered. No housing. Usual percs like medical coverage, etc...

vgwals · Mar 3rd, 2009, 13:57

Which areas would you want to reside in? any preferences? Or do you already have a house in place? Renting a place here is probably the biggest fixed cost that you shall encounter once you are here. Along with the same, come the variables such as commuting, leisure etc.

Advisable shall be to look for a place near to your work place as commuting could be a nightmare.

V.

Feb 18th, 2009, 04:41	#1
GoWithTheFlow123 Member Join Date: Feb 2009 Location: USA Posts: 3	Is this a good deal? I have a senior position at my company in the US which also owns a subsidiary in India (Mumbai). I would like to move to India for personal reasons and the company is offering me about $75K which is about half my US salary. Is this a good deal? Should I be asking them for more? My job function/role does not change, just my location...

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Feb 18th, 2009, 06:50	#3
GoWithTheFlow123 Member Join Date: Feb 2009 Location: USA Posts: 3	Actually the situation is a bit unusual in that my job/function literally remains unchanged in that I will still be responsible for US business in the same amount as before...just operating out of India (read - working nights and travelling fairly often back to the US...) servicing/selling US market as before so the benefit to the company remains the same as when I was operating out of the US....they just get me now for half price!

Feb 18th, 2009, 07:24	#4
SitaParityaga member in the forest Join Date: May 2003 Location: California Posts: 1,146	Are they going to pay for your relocation and your housing in Mumbai? Any other percs?

Feb 18th, 2009, 07:31	#5
GoWithTheFlow123 Member Join Date: Feb 2009 Location: USA Posts: 3	Reloc and travel costs will be covered. No housing. Usual percs like medical coverage, etc...

Mar 3rd, 2009, 13:57	#6
vgwals Member Join Date: Dec 2006 Location: New Delhi Posts: 24	Which areas would you want to reside in? any preferences? Or do you already have a house in place? Renting a place here is probably the biggest fixed cost that you shall encounter once you are here. Along with the same, come the variables such as commuting, leisure etc. Advisable shall be to look for a place near to your work place as commuting could be a nightmare. V.