Cost of Living and wages here?

Thekla924 · Jan 26th, 2009, 20:22

How does education factor in to earnings? There is experience and there is experience and an advanced degree. Does a masters equal a raise?

Nick, we were in former East Germany living in a barn with no utilities in the 90's---different critters, but we are probably reasonably prepared! I just would like to think our lifestyle is improving a bit through the years!

Nick-H · Jan 26th, 2009, 21:20

It'll be interesting to get your feedback and comparisons when you get here.

Thekla924 · Jan 27th, 2009, 03:00

I sure hope we can get things worked out to get there. The numbers sure don't seem to make sense for an expat with so many things being priced on the global market like airfares, cars, computers... Food is much easier if you eat local stuff you have pretty much local costs. It is definitely true here. It is buying "Cornflakes" or western brand cookies that is extremely expensive---rice, beans and fruit is cheap!

nayan · Jan 27th, 2009, 09:33

Quote:

Originally Posted by Thekla924

How does education factor in to earnings? There is experience and there is experience and an advanced degree. Does a masters equal a raise?

Pretty much anyone who has a job paying 10 lakh CTC in the IT industry has at least a graduate degree in engineering or a graduate degree in science plus a masters in computer application.

If this is not your first job right after the masters degree(or its not an entry level position), then the masters degree will not mean any extra money. Its your experience which will count.

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Jan 26th, 2009, 20:22	#16
Thekla924 Member Join Date: Jan 2009 Location: Panama Posts: 20	How does education factor in to earnings? There is experience and there is experience and an advanced degree. Does a masters equal a raise? Nick, we were in former East Germany living in a barn with no utilities in the 90's---different critters, but we are probably reasonably prepared! I just would like to think our lifestyle is improving a bit through the years!

Jan 26th, 2009, 21:20	#17
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,213	It'll be interesting to get your feedback and comparisons when you get here.

Jan 27th, 2009, 03:00	#18
Thekla924 Member Join Date: Jan 2009 Location: Panama Posts: 20	I sure hope we can get things worked out to get there. The numbers sure don't seem to make sense for an expat with so many things being priced on the global market like airfares, cars, computers... Food is much easier if you eat local stuff you have pretty much local costs. It is definitely true here. It is buying "Cornflakes" or western brand cookies that is extremely expensive---rice, beans and fruit is cheap!