Europe Head offered me the promotion again.
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Poast new message in this thread
Date: April 27th, 2018 6:13 AM Author: spruce knife
Some things have changed. Work isn't as hectic anymore since regs have been implemented or are near implementation.
Pay offer can be increased. initial bump was like 20k euros, now we're looking at a total increase of 35-40k euros. Looking at stats I'd be top 3% income bracket for that city. [Pretty sure I'm butting up against the pay band, so maybe ask for housing costs?]
Wife more willing now to go but would still be conditioned on her getting a gig. [I suggested maybe do 3 mos there, 3 mos here, and back and forth; her sis just had a kid and parents are here so she is unsure about leaving]
Title bump as well with Head EMEA Legal for XYZ.
Been working with EMEA for some time and EMEA business likes me.
Mom no longer has cancer. So leaving wouldn't be so bad.
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35929880) |
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Date: April 27th, 2018 7:52 AM Author: spruce knife
I guess same as the dude above:
What's the general perception of US attys in Europe? How difficult do you think it'd be to return to the US? I'd be dealing with EMEA laws and regs, may be able to do a 1 or 2 side projects for NAM.
A fear of mine is getting stranded there. I want to do this for a few yrs but return to the US.
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35930034) |
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Date: April 27th, 2018 12:30 PM Author: appetizing frum menage tank
Totally agree.
Nobody moves abroad absent significant pay bump and COL stipend/housing/schooling costs. It’s understood that it’s part of the expat package given that you have to leave the US.
If they’re really desperate for someone, they need to offer more. It’s telling that nobody has taken the position and they have only under qualified candidates. Qualified candidates are only enticed by money. Your wife’s giving up her salary should absolutely be part of the negotiation.
It sounds like your company just doesn’t want to compensate people properly for uprooting their entire lives to move overseas. That’s not a good indicator of how you’ll be treated there long term. I’d prob just find a new job.
Also, specifically to fianancial sector, if you’re moving to Luxembourg or wherever with high COL and doing EMIR, MiFID and GDPR and whatever latest regulations are constantly coming down, you’ll be pigeon holed and never make your way back to the US. It’s one thing to do EMEA stuff here in the US where you can still sell yourself as a US atty up to date with SEC and US regulations. It’s another to move abroad and be so specialized that you’ll be stuck there forever. The money and the career options are in the US, not Europe.
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35931649) |
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Date: April 27th, 2018 1:02 PM Author: spruce knife
From what I've gathered it's been either inexperienced candidates getting lowballed or experienced candidates unwilling to move. Experienced ppl are like, "Can I just work from London?" I guess the business has told them no.
My boss here in NAM wants me to stay. I already have a business that I own here in NAM (although, a small unit given the other business units). I'm being considered as the heir to another business unit.
At one point, they were considering letting me work from Chicago. But, not sure if that'll work given the time difference. I've been doing very well here in NAM and LatAm and getting exposure to big projects, so I think my career may be better here.
It's become a bit of a political mine field. When NAM business heard about the offer, I guess the business head called my boss to talk about it. While poaching isn't necessarily prohibited, I guess it's causing some issues btw the regions.
Also, expat pkgs are becoming tighter in Fin World. I was talkign to the Abu Dhabi SWF, and they've cut back too.
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35932012) |
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Date: April 27th, 2018 12:49 PM Author: nubile box office corn cake
Ideally? It is more expensive to live there.
Also, being an expat is riskier than staying in the US.
Unless HHI is coming out WAY ahead it doesn't make any sense to me.
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35931869) |
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Date: April 27th, 2018 12:13 PM Author: Curious Apoplectic Blood Rage
check local income tax rates and local col for expats
account for flights back and forth
if your wife may want to get pregnant in the next few years, ask for us expatriate healthcare (unless you're very comfortable with the local health insurance system)
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35931423)
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Date: April 27th, 2018 12:52 PM Author: Aquamarine sneaky criminal
Where are you moving that your COL is going to be so much higher than Chicago.
IMO outside of London, Geneva, and Zurich, you could find similar COL depending on the commute (which won't be as bad because you will be working like 20% less hours). The apartment might be smaller but if it is just you two with no kid who cares? It's not like you want to lug all your furniture over there anyway.
I've lived and worked in Europe twice and downsized significantly from the U.S. with no regrets. You want to be spending your time there out and about anyway, not watching Netflix.
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35931899) |
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Date: April 27th, 2018 1:15 PM Author: spruce knife
We have two puppydoods that we need to bring along, so it limits our apts options.
Here in Chicago, we live near the Loop (i.e., downtown) and pay 2200 per month for a 2bd/2ba with doorman and standard gym with power rack. At this new place, we're looking at like $3,000 to 3,400 a month for a nice apartment (not to mention dog fees and most places don't even allow dogs).
Yea, seems like fuck this second offer. I'll likely decline (other option is talk to wife to see what would be an offer that would help us move over there, i.e., job relocation assistance for wife + housing costs, etc.
(http://www.autoadmit.com/thread.php?thread_id=3961280&forum_id=2#35932117) |
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