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Old 28.04.2014, 12:33
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Salary General Manager

All,

I have been offered a position as president/gm of a $150 M unit (in an asian country) of a $600 M business. I am trying to understand what base salary range I could ask for. The company will send me as an expat. Does anybody has any idea on what range of base salary I could ask for?

Any advise/suggestion is appreciated. Thanks in advance.
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Old 28.04.2014, 12:36
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Re: Salary General Manager

You might do better by specifying which country the job is in. And will you be president or just general manager?
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Old 28.04.2014, 12:38
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Re: Salary General Manager

The country is china and the position is president. So i would be running the entire operations from sales to operations...the company has a couple of manufacturing plants. Thanks for the advice.
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Old 28.04.2014, 15:34
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Re: Salary General Manager

will you be hired by the parent company or are you getting a contract from the chinese subsidiary? in CH the base salary for a 150M business would range from 400k-1.2M depending on the industry. i have no clue about "usual" salaries in china...
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Old 28.04.2014, 15:42
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Re: Salary General Manager

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I have been offered a position as president/gm of a $150 M unit (in an asian country) of a $600 M business. I am trying to understand what base salary range I could ask for. The company will send me as an expat. Does anybody has any idea on what range of base salary I could ask for?
These sorts of posts amaze me. If you're being asked to run a $150M business, presumably you're not being promoted directly from the mail room. You'll have quite a few years of professional experience and will likely be in a position of considerable responsibility already.

Do you really expect to get a meaningful answer by asking on a web forum devoted to English-speakers in Switzerland? Surely you've developed enough insight over the years to make a good guess, and enough of a professional network to ask people who are more qualified to answer the question?

PS, my answer is CHF120'000. That's the standard salary on the English Forum, regardless. Good luck with your new role.
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Old 28.04.2014, 16:03
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Re: Salary General Manager

is it the same company or a new company.

i guess it partly depends on experience and maybe also your current salary too.
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Old 28.04.2014, 16:12
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Re: Salary General Manager

For village idiot, you couldn't have chosen a better username. If your mission in life is to be disrespectful to other people's questions and comments, why do you bother replying to posts? Just go out and do more interesting things instead of wasting your time in front of a pc answering to questions you don't care about. Bug off!
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Old 28.04.2014, 16:16
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Re: Salary General Manager

For those who have been kind in answering, i will be employed by the head office in switzerland and stay in china for 3-4 years as an expat. I know there are broad ranges and multiple factors that influence a base salary for such a position. The reason i am asking this question is that i'd like to pinpoint a range of base that is realistic but at the same time doesn't make me give up a lot on the table.
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Old 28.04.2014, 16:24
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Re: Salary General Manager

Perhaps there is an expat forum in China where people might be better able to answer this question? I guess the field of work could also be important - I don't think you mentioned what branch this is in?
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Old 28.04.2014, 16:44
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Re: Salary General Manager

It feels like I'm throwing good money after bad, but here goes:

The short answer is, the number can vary enormously. Are you in a high-margin industry, or low-margin industry? Do you expect to get an equity share of any sort? How much of your compensation do you expect to be fixed, how much performance related? How much in cash, how much in stock? What are the restrictions on the stock?

Golden parachute clause? Repatriation if it doesn't work out?

Will you be tax-equalized or not? Hardship allowance for China? Lodging, driver, maid? School fees for kids? What are travel-home arrangements and at what frequency? What about pension contributions?

The truth is that, at the level you're talking about, everything is negotiable. It's not a case of saying that you'll probably be on CHF300k basic, 20% variable, and expat living arrangements.

At GM level, packages are rarely uniform from company to company. And in my entire career, I don't think I've ever seen two expat contracts that are the same. I worked at one company that had over 3'000 expats, and every single one was negotiated individually. When you add these two factors together, the possibilities are endless. Hence my earlier advice that you're in a better position than anyone else to make an educated guess.

Have you considered asking the company what's on offer and deciding whether it's acceptable to you? That's customary when offered a position.
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Old 28.04.2014, 17:33
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Re: Salary General Manager

Michael Page Salary & Employment Forecast for China, 2012:

http://www.michaelpage.com.cn/websit...2012_FINAL.pdf

No General Manager title in the report, but I would suggest that a regional Finance Director position would be equivalent in terms of salary:

CHF125-250k+ per year

Wages in China have been growing quickly, so I'd probably add another 10-15% on top to adjust for inflation between 2012 and 2014.

That gives you what a local equivalent would cost at Chinese market rates. Now you need to decide what expat premium you can command.
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Old 28.04.2014, 17:57
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Re: Salary General Manager

If you are being hired as an Expat, then you will have benefits additional to your salary which a 'local' hire would not get.
In such an instance, what you need to do is look at the Total Compensation and not just Base Salary.
Look at the various benefits you are getting and look at cash value of the same.
Add that to your Base Salary.
That will give you an idea.
Typically on an Expat package, you get the following benefits:
Housing
Car
Health Coverage
Return Flights
Club Membership.

This site can help you get an idea of the Cost of Living differences.
http://www.expatistan.com/cost-of-living

Cheers
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Old 28.04.2014, 18:26
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Re: Salary General Manager

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For village idiot, you couldn't have chosen a better username. If your mission in life is to be disrespectful to other people's questions and comments, why do you bother replying to posts? Just go out and do more interesting things instead of wasting your time in front of a pc answering to questions you don't care about. Bug off!
I cannot believe after this arrogant remark about Village idiot he went all the way to give more useful info..

Good on you Village Idiot
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Old 28.04.2014, 18:49
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Re: Salary General Manager

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I cannot believe after this arrogant remark about Village idiot he went all the way to give more useful info..

Good on you Village Idiot
What an idiot!
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