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Your First Overseas Posting
AME Info
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February 2006
| Have you
just been offered a job overseas? Ask yourself, and your employer, the
right questions.
1. Just because you have been offered
the job, should you still accept it? The job may not be right for you,
or your spouse.
Unfamiliar surroundings, culture
shock and the move away from family and friends are not right for everyone.
Ask yourself how you will manage the move and the accompanying stress.
Your relationships will be put under
strain and you will have to rely upon each other more than you do in your
home town. The reality is that divorce is a common side effect of many
expatriate postings - you need to think about whether you want to put your
relationship to the test.
2. Think about whether you both can
work, or whether one of you will have to be a trailing spouse. Just because
you have been offered a posting overseas does not mean that you spouse
will be able to work.
Visa restrictions, employment barriers,
favouritism toward hiring local staff and the possible negative impact
on the career of the trailing spouse must be considered.
3. If you have any doubts at this
point in time, decline the offer. Without the right mental attitude to
the new role, problems can quickly appear. Many postings fail because of:
Work problems - for example, the
job is not quite what it was envisaged. Problems adapting to the local
culture, language problems, difficulties with established business practices
can all impact adversely on your working environment.
Family problems - unhappy spouses
and children can place enormous pressure on your ability to manage the
move. Regardless of how well you do at work, if you are returning home
at the end of the day to an unhappy situation, this failure to settle and
re-establish can force you to relocate back home.
Change - problems managing change
and an inflexible attitude towards new ways of doing things can exacerbate
the stresses of an international move.
You will be losing an entire network
of family and friends and, if you or your partner fails to recreate new
networks, you may be forced to rethink your stay overseas. Think about
whether you are open to new experiences and ideas.
Do you prefer the comfort of the
familiar? Do new experiences, tastes, ideas seem threatening or make you
uncomfortable? Do you tend to holiday and do the same things each year?
If so, an overseas posting may not be right for you and your family.
4. Think about your job package.
The salary is only one side of the employment picture and you need to take
into account the cost of living in your new post as well as whether you
could still afford to stay there if you were localised.
Many employers offer accommodation,
schooling, hardship, medical insurance, superannuation or company pension
contributions, language classes, removal costs to and from the posting,
repatriation allowances, end of contract bonuses, accompanying spouse allowances
and so on.
Will your employer pay for language
classes for your family? Yearly trips back to your home country? These
are all considerations that you did not have to negotiate in your old job
but you need to think about them in an expatriate move. -
Article continued below - |
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-Continued
from above -
You may also need to consider specific
local issues such as the culture of the place that you will be posted to.
Clothing allowances if you are moving to a very hot or very cold climate
or one that requires cultural sensitivity.
Perhaps you are moving to an Asian
country where domestic staff are standard benefits. Will you or your employer
pay their salary, allowances, insurance? Would you feel comfortable having
domestic staff? Would they live in?
5. Ask questions about the visa and
work permit arrangements including the cost of any lodgement fees and medical
immunisations.
6. Check what currency you will be
paid in and the implications for this on your own personal financial situation.
Being paid in different countries with different tax rates, allowances
and rebates may complicate your own financial situation.
Contact a reputable expatriate type
bank or international accountant in order to make sure that you understand
the financial ramifications of your move and that you do end up in a better
financial situation at the end of your posting.
Remember, a bit of forward planning
can help to ensure that the move is profitable - in terms of your career,
your family, your lifestyle and your financial future.
HSBC Bank International has a range
of tools on their web-site that are worth checking out. These range from
country guides which can help with background information on a variety
of destinations to an expenses calculator for you to calculate your monthly
living expenses.
They also have a currency calculator
to make cross-currency counting a little easier, a weights & measures
tables so you can tell your kilometres from your miles, and an international
dialling code directory for every country in the world.
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| Pearl of
the Orient - A Guide to Relocating Living and Working in Hong Kong -
Read
The Guide to Relocating Living and Working in Hong Kong -
It is common knowledge that Hong Kong is exotic, an excellent business
center and that it is the gateway to China's booming economy; what is less
known is that the city of Hong Kong is the city whose population has the
world's highest IQ per capita and that it is a very civilized and stimulating
place to live. This report, in eBook format, provides current insider information
on moving to and living in Hong Kong - written by someone who has done
exactly that. In the process, he learned what it takes to live and be happy
in great city. The author is a British expat who has found happiness in
the Orient and believes you will too. |
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