Jump to content

You're currently viewing the forum as a Guest
register-now-button_orig.png
and join in with discussions   
ask migration questions
message other members

..and much much more!

desreb

Salary from London to Sydney?

Recommended Posts

Hi,

Has anyone moved recently from London to Sydney with the same company in a similar role, such that you can compare your salary before and after? Did it go up or down?

I'm currently in this situation, and due to discuss with my manager I can justify a pay boost as part of the move. I understand from Numbeo etc that the cost of living is actually a bit cheaper, but salaries are higher and purchasing power is higher. Yet, I know someone who moved a few years ago, and say that Sydney is much more expensive to live for the equivalent of a 'Zone 4 lifestyle' in London.

Thanks!

 

d

Share this post


Link to post
Share on other sites

I'm sure it would depend on relative demands for your skills in both places...

but if you multiply your UK salary by 2.1 you will be working on what I did when I moved from London to Sydney in 2011. That gave me approximately the same living standard and buying power.

The last move was to Tasmania from Southampton and it was about 2.2 times

  • Like 1

Share this post


Link to post
Share on other sites

They reckon the multiplier should be about 2.5 - not whatever the local currency conversion us at the moment. Look at your salary in comparison with the local average salary and then work out what salary you would need to be in the same level with an Australian salary. I'd say  that Sydney is right up there with London's costliest areas, equally, the parts of Sydney that are going to be cheaper, like London, are the parts you wouldn't want to live in.

  • Like 1

Share this post


Link to post
Share on other sites
10 hours ago, Quoll said:

They reckon the multiplier should be about 2.5

Thanks! You've triggered my memory from before. I remember this figure being banded about quite a while ago.

 

Share this post


Link to post
Share on other sites
10 hours ago, desreb said:

Thanks! You've triggered my memory from before. I remember this figure being banded about quite a while ago.

 

I think that's too high, try by all means why not but as for expectation the rate today is nothing like 2.1-2.2 I'm not that dumb 😉 its what a few people I know as well as myself have worked on.

Share this post


Link to post
Share on other sites
On 31/10/2018 at 13:02, desreb said:

Hi,

Has anyone moved recently from London to Sydney with the same company in a similar role, such that you can compare your salary before and after? Did it go up or down?

I'm currently in this situation, and due to discuss with my manager I can justify a pay boost as part of the move. I understand from Numbeo etc that the cost of living is actually a bit cheaper, but salaries are higher and purchasing power is higher. Yet, I know someone who moved a few years ago, and say that Sydney is much more expensive to live for the equivalent of a 'Zone 4 lifestyle' in London.

It's hard to say, because everyone's idea of lifestyle is different.  However, based on my experience (which is two years ago now), I'd say that the cost of living is much the same in both countries WITH ONE BIG EXCEPTION - housing.   Whether you want to rent or buy, Sydney is very expensive.   

Check out domain.com.au and realestate.com.au for an idea of what you can expect to pay.  


Scot by birth, emigrated 1985 | Aussie husband applied UK spouse visa Jan 2015, granted March 2015, moved to UK May 2015 | Returned to Oz June 2016

"The stranger who comes home does not make himself at home but makes home itself strange." -- Rainer Maria Rilke

Share this post


Link to post
Share on other sites
9 hours ago, can1983 said:

I think that's too high, try by all means why not but as for expectation the rate today is nothing like 2.1-2.2 I'm not that dumb 😉 its what a few people I know as well as myself have worked on.

So it's lower?

Share this post


Link to post
Share on other sites
10 hours ago, can1983 said:

I think that's too high, try by all means why not but as for expectation the rate today is nothing like 2.1-2.2 I'm not that dumb 😉 its what a few people I know as well as myself have worked on.

Actually, to expand on that - the exchange rate is 1.8, so 2.1 is only an uplift of 15% or so.  

Share this post


Link to post
Share on other sites

Well, I argued for a 20% uplift, and my company gave me 30%, so that was a nice outcome.

  • Like 1

Share this post


Link to post
Share on other sites

Nice!  My company are telling me how great the relocation package is instead 😞


PR (100) granted 12 Nov 2018, validation Trip Feb 2019, planning to move to Perth Sep-Oct 2019!

Share this post


Link to post
Share on other sites
Nice!  My company are telling me how great the relocation package is instead

Well, to be fair, I didn’t get one. All self-funded, since it’s my choice.

But you can certainly argue that NOT receiving a pay rise, is a pay cut. Why are they giving you a pay cut to move? Do they want you to move to a local company that pays market rate?
;-)

Share this post


Link to post
Share on other sites
1 hour ago, Jon the Hat said:

Nice!  My company are telling me how great the relocation package is instead 😞

Getting a relocation package on a spouse visa is almost unheard of so don't sneeze at it!!

Share this post


Link to post
Share on other sites
1 hour ago, Nemesis said:

Getting a relocation package on a spouse visa is almost unheard of so don't sneeze at it!!

Well I happen to work for an ASX listed company for the past 14 years, so it has taken a while!!  In fact I could say I saved them the visa cost!


PR (100) granted 12 Nov 2018, validation Trip Feb 2019, planning to move to Perth Sep-Oct 2019!

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×