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Old 18.03.2008, 04:23
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Received a Job Offer

I currently working in IT (3years exp in current 3rd Level Support) and have received a job offer of 120000CHF excluding the relocation costs, visa costs which they will pay. To me this sounds like a good package but people on here are talking about high 100K- so I am feeling a little naive. I am 31years old and have a girlfriend which they will pay to come over as well. Is this enough to live on? Actually I would like to save a bit and buy an investment flat back home in Sydney and pay if off whilst working in Switzerland - am I being realistic? I had a look on the forums and it looks like I will have quite a bit left over after all the general living costs. But it's one thing to research on the net and it is another thing to actually live there.
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Old 18.03.2008, 04:58
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Re: Received a Job Offer

If you don't have super spoilt needs then CHF120k is more than enough for two people. You can live a very comfortable life.
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Old 18.03.2008, 05:42
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Re: Received a Job Offer

I think that should be ok. But I haven't received my first electricity bill so far (3 months)!

In terms of housing prices && rentals, think Double-bay/Rose Bay/Mosman. Food is roughly double the cost, meat 8x.

Another significant expense is health insurance. My company encouraged us to extend our AU insurance to cover us here, but none of them would do that. I'd budget 5-10k for this.

That other necessity of life, internet, is much cheaper.

If you're paying off a house in Australia, remember that you are at an exchange-rate risk. Right now it looks good as the AUD is slowly going down (Vs CHF), but if it reverses, those monthly payments are going to be more and more significant. You run the risk of being forced to sell your property (perhaps at a loss). Maybe you could consider a cheaper investment house on the central coast or something.

cheers,
Wibble
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Old 18.03.2008, 06:01
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Re: Received a Job Offer

Hi Swissbound,

There's more info here on the forum regarding costs - and salaries. I'd encourage you to use the search function.

Fom my experience in German speaking CH, this could be very reasonable to very good. If it's an IT vendor or a regular business would also make a difference, as well as your total full-time work experience, certifications and diplomas, any highly specialized knowledge or none.... it all can affect your salary.

That said - at first glance and without knowing more, it sounds good and it's certainly enough to live on and save if you choose.

fyi: for health insurance, I have very good coverge and it costs me approximately 300 CH per month. (no where near 5 to 10K per year)

You can PM me with more info if you'd like more feedback.
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Old 18.03.2008, 06:13
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Re: Received a Job Offer

Hi Swissbound.

I am a NZer and also looking into this as have an offer on the table just now for role in Lausanne. I was told that the cost of living quotient is 122% (i.e. 22% higher in Switzerland compared to NZ). Realise that won't be exactly the same as Aust but thought it may help give an idea so you can use it to compare to what you earn/spend now. Good luck with the move
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Old 18.03.2008, 07:31
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Re: Received a Job Offer

That sounds reasonable. In fact that is the benchmark figure that is often used when discussing internal IT jobs. If you want more money then you have to look harder, work a niche or subcontract.

dave



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I currently working in IT (3years exp in current 3rd Level Support) and have received a job offer of 120000CHF excluding the relocation costs, visa costs which they will pay. To me this sounds like a good package but people on here are talking about high 100K- so I am feeling a little naive. I am 31years old and have a girlfriend which they will pay to come over as well. Is this enough to live on? Actually I would like to save a bit and buy an investment flat back home in Sydney and pay if off whilst working in Switzerland - am I being realistic? I had a look on the forums and it looks like I will have quite a bit left over after all the general living costs. But it's one thing to research on the net and it is another thing to actually live there.
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Old 18.03.2008, 07:34
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Re: Received a Job Offer

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Actually I would like to save a bit and buy an investment flat back home in Sydney and pay if off whilst working in Switzerland - am I being realistic? I had a look on the forums and it looks like I will have quite a bit left over after all the general living costs. But it's one thing to research on the net and it is another thing to actually live there.
Hi Swissbound,
Cost of housing is similar to eastern Sydney. You can save quite a bit by not going out for lavish dinners too often and the general cost of groceries etc is comparable to Sydney.

Barbra.
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Old 18.03.2008, 07:36
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Re: Received a Job Offer

I am glad you have cleared that up for us. You can save even more by skipping dinner altogether.

dave


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You can save quite a bit by not going out for lavish dinners too often
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Old 18.03.2008, 07:38
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Re: Received a Job Offer

Indeed....same with breakfast and lunch.....
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Old 18.03.2008, 07:42
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Re: Received a Job Offer

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fyi: for health insurance, I have very good coverge and it costs me approximately 300 CH per month. (no where near 5 to 10K per year)
Just to clarify - we pay ~ 7k for a family of 5.

(And 300 * 12 months * 2 people => 7200 )

cheers,
Wibble
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Old 18.03.2008, 07:42
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Re: Received a Job Offer

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You can save even more by skipping dinner altogether.

dave

and going for that bespoke shroud with, or without, pockets...
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Old 18.03.2008, 09:59
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Re: Received a Job Offer

Thanks guys!
Yeah, I live in the Eastern Subs and pay around $2300 a mth for a one bedroom flat which is comparable with flat prices in Lausanne. Also, I pay around $300/mth for health (medicare+private) in Syd which is also comparable with Swiss health care. So all that in mind I do feel as though I should be able to live quite comfortably there. Thought that i'd ask anyway as like i said.. it's one think to read on the net and another to actually live there. I can't wait to move, snowboarding, close to other countries etc! Even if it was not such a good salary I think that I would go just for the experience. But having said that, I am 31 and would like to buy a house one day so it's good to know that the salary that they offered should allow me to save!
Thanks for the feedback!
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Old 18.03.2008, 10:13
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Re: Received a Job Offer

120,000 is not a bad salary at all. A nice 2.5 room flat in Canton Zürich
will be about 1500-1800, health insurance for 250-300 per month, and
other expenses.

Important to know is that various communities have different tax rates,
so living in Thalwil, for example, has lower taxes than Horgen.

You can check out "Steuerrechner" or the Tax Calculator on

www.homegate.ch
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Old 18.03.2008, 11:04
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Re: Received a Job Offer

120K for 3rd line spt is very good. Based on the little info shared, I'd encourage you to take it.
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Old 18.03.2008, 12:43
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Re: Received a Job Offer

Hi SwissBound,

I also came from the Eastern Suburbs of Sydney. I don't know much about Geneva, but there is still a big difference as to what $2300 month can get you in Zurich and Sydney in regards to standard.

You should not have any issues saving some money technically speaking due to the awesome tax system. However you might have the same problem as me: I just want to travel and going skiing every single weekend. You are just so close. In Sydney it is such a mission to go away for a decent weekend, but here, well 2 hours and you are pretty much anywhere.

You will also love the transport here compared to ****tty Rail

(And yes non-Aussies, that is the nickname for the Sydney Rail System http://****tyrail.info/ )
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Old 19.03.2008, 11:47
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Re: Received a Job Offer

Hey Swissbound, you are very lucky I am jealous! Did you apply cold from outside Switzerland? How did you find this experience?
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Old 19.03.2008, 12:33
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Re: Received a Job Offer

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120K for 3rd line spt is very good. Based on the little info shared, I'd encourage you to take it.
I agree. I know a 3rd level support who makes just over 80K at a huge multinational company. He's a local and maybe just a year or two younger than the OP.
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