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Chief
I joined KGS in feb 2022, we recently got a mail regarding timeline of appraisal and bonus payout from the partner. My reporting manager hasn't yet reached out to me regarding goal setting, not sure if that happens here. Can you pls help me to know what all things we need to do from our end for the appraisal cycle and bonus payout? Since I'm new to this company KPMG KPMG India
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Pay can be a variable factor now, international exposure and experience can add more value in future. Who knows the shift might open a new door in AUS as well. 😊
125k salary me after tax you will get around 7400 AUD ( approx INR 4 Lacs monthly). Now cost of living in Australia is approximately 3 times of India.
In a metro city in india for comfortable living you have to spend approximately 60k to 70k per month including rent etc. ( for single individuals). Now for the same living std in Australia you have to pay 1.8 to 2.1 lacs per month so your monthly savings could be around 1.9 to 2.2 lacs per month.
Now you can decide on your own its definitely a better option for a single individual however it would change drastically for someone with family
Chief
Bahar jaao... savings kro...bahar ghumo..aur fr wapis aake paise India me invest kro
It's a pretty valid question. But your choice should not only be dependent on PPP but also other factors like your marital status, your future plans(to settle in AUS or return), if married, your spouse income, if settling, every other expense from house to car and from your kids education cost to other liabilities. Beyond all these what you can save net into your account now and 2-3 years later, compared to your growth in India and Australia. It's basically pretty vast and there's no blanket answer to it, it changes individually.
35 lpa in india cost of living equals to approx 180 k AU. That means your offer is not justified as per indian cost of living standards
125 k is good. But not as good as 35 lpa cost of living in india
U can expect 7 t0 8.5k after paye
Check the purchasing power parity. 217k in aus is showing as the equivalent of 35lpa in India.
Aussie is the best. Forget about the ppp. You get other things such as free kids education, subsidy for childcare, PR points , dependants rights to work, good roads, etc you get what you pay as a tax payer. Thats the difference between working in developing nation and developed nation
Yes it’s good salary , many friends works in Sydney and they do have similar salary 100k to 125k.
Please check that includes superannuation or not ?
Jao Bhai...fir ghum fir k wapas aa jana
It's a good one
I would say 175k would be best if you compare 35LPA india.
Stay in India. 35LPA should be equated to atleast 165K AUD based on PPP. That’s based on finance and saving potential.
However, Aussie opportunity open into a better standard of living, infra, clean air etc. So you can take a chance it’s a decent pay if you don’t compare it to your Indian pay.
And the decision is yours !!
There is something called 'Life experiences'. Everything cannot be compared or measured with money/CTC. PPP is not relevant to you if you are not planning to settle. It's a term people use to call out 'Angoor khatte hai'. Do not think about money on this if you don't have much liabilities in place.