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Old 31.10.2011, 14:37
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Can I leave Switzerland with that salary?

Hello everyone,

I received an offer from a company based in London (UK) as Online Analyst. I am 25 and I currently work in canton Lucerne, my actual income is CHF 90,000 per year, I have a car (no leasing) and I do all the normal stuff a guy of my age does. The money I earn now is enough for a very good living.

The new company (London based) offers me 40,000 + package per year. What's the package about? Is this amount of money enough for a decent life in the UK?

I feel like by accepting this offer I will go backwards at least from a salary point of view. On the other hand I will have a greater international experience.

What do you think?
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Old 31.10.2011, 14:39
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Re: Can I leave Switzerland with that salary?

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Old 31.10.2011, 14:41
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Re: Can I leave Switzerland with that salary?

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Hello everyone,

I received an offer from a company based in London (UK) as Online Analyst. I am 25 and I currently work in canton Lucerne, my actual income is CHF 90,000 per year, I have a car (no leasing) and I do all the normal stuff a guy of my age does. The money I earn now is enough for a very good living.

The new company (London based) offers me 40,000 + package per year. What's the package about? Is this amount of money enough for a decent life in the UK?

I feel like by accepting this offer I will go backwards at least from a salary point of view. On the other hand I will have a greater international experience.

What do you think?
Pardon my condescending post here...but you're probably not very good at analyzing or completely lack creativity to even bother asking such a question.
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Old 31.10.2011, 14:45
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Re: Can I leave Switzerland with that salary?

Are you asking about the quality of live in the UK on 40k vs. Your quality of life in CH on 90k? If so I think you also have to factor in the take home pay (after taxs).

40k seems very low to me. Is there a chance for a bonus? Id say ask for more money. If they say no then you know its not going to roll. If they say yes then sure give it a shot.
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Old 31.10.2011, 14:46
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Re: Can I leave Switzerland with that salary?

Can I live on 40 Kilo Quid in London, now that is a new one.
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Old 31.10.2011, 14:50
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Re: Can I leave Switzerland with that salary?

Not sure what the actual living cost difference is Lucerne/London, but that sounds like a hefty pay cut.

I guess it depends on what the heck this package is?



You can certainly live on that though, to answer your question directly.
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Old 31.10.2011, 14:50
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Re: Can I leave Switzerland with that salary?

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Hello everyone,

I received an offer from a company based in London (UK) as Online Analyst. I am 25 and I currently work in canton Lucerne, my actual income is CHF 90,000 per year, I have a car (no leasing) and I do all the normal stuff a guy of my age does. The money I earn now is enough for a very good living.

The new company (London based) offers me 40,000 + package per year. What's the package about? Is this amount of money enough for a decent life in the UK?

I feel like by accepting this offer I will go backwards at least from a salary point of view. On the other hand I will have a greater international experience.

What do you think?
move to london. you're 25. 40k is definitely a worse salary (unless package includes accommodation) but it's worth taking the hit to have a life.
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Old 31.10.2011, 14:52
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Re: Can I leave Switzerland with that salary?

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Pardon my condescending post here...but you're probably not very good at analyzing or completely lack creativity to even bother asking such a question.
And someone here must have already built the global cost factors spreadsheet that would answer the question in an instant.
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Old 31.10.2011, 14:54
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Re: Can I leave Switzerland with that salary?

Argue for 55K. Anything 45K or over ... go. 40 ... tricky. I'd wait for a better offer.
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Old 31.10.2011, 14:56
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Re: Can I leave Switzerland with that salary?

Apart from rent, then London is much cheaper place to live, and much, much more fun.
Sounds like you've got transferable skills, so you should go for it.
If you're young, single and earning, then London's a great place to live for a while.
There is no downside, you can always come back.
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Old 31.10.2011, 14:56
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Re: Can I leave Switzerland with that salary?

Stay here. On 90k you can save more and let's be honest, you've got a much better standard of living here than London (UK).
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Old 31.10.2011, 14:58
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Re: Can I leave Switzerland with that salary?

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Stay here. On 90k you can save more and let's be honest, you've got a much better standard of living here than London (UK).
He's 25, not 65.
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Old 31.10.2011, 14:59
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Re: Can I leave Switzerland with that salary?

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He's 25, not 65.
Meaning?

Come on, don't tell me he'll get a better life in London!
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Old 31.10.2011, 15:03
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Re: Can I leave Switzerland with that salary?

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Hello everyone,

I received an offer from a company based in London (UK) as Online Analyst. I am 25 and I currently work in canton Lucerne, my actual income is CHF 90,000 per year, I have a car (no leasing) and I do all the normal stuff a guy of my age does. The money I earn now is enough for a very good living.

The new company (London based) offers me 40,000 + package per year. What's the package about? Is this amount of money enough for a decent life in the UK?

I feel like by accepting this offer I will go backwards at least from a salary point of view. On the other hand I will have a greater international experience.

What do you think?
My 2 cents/pence/rappen...

1) The company should've already informed you what's included in your "package" both at interview and confirmed it in the offer. Mighty odd if they've not done so but you could ask and make sure you get it in writing...

2) Sure it's a retrograde step from a salary perspective but in terms of gaining "international experience", well, London is definitely one of the best places for that.

3) You are young and single and can always look to come back with that "international experience" under your belt in the future.

4) Whether 40k plus package (whatever that is) will be enough to lead a "decent life in the UK" (London or outskirts within commuting distance of your workplace) will depend on your current lifestyle and expectations. Definitely do some in-depth, solid research on this first. If, after that, you are satisfied that you'd be able to manage, then I'd say go for it.

5) Never under-estimate the power of gut feelings...

Good luck!
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Old 31.10.2011, 15:04
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Re: Can I leave Switzerland with that salary?

40K + Bens. for a 25 year old analyst.

Hold out for nothing. Go! With that salary and your age there is no question. London has an awful lot to offer, really. Don't listen to this bunch of over-the-hill-been-there-done-thats, just go.

London is for the young, you can always come back here to retire.
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Old 31.10.2011, 15:05
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Re: Can I leave Switzerland with that salary?

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Meaning?

Come on, don't tell me he'll get a better life in London!

I do wonder if we are talking about different londons on these kind of threads, the london I worked in for many many years, and lived pretty close to, was dirty, smelly, almost impossible to navigate around, was over priced anywhere near any tourist trap and closed after office hours (tourist traps aside) If you wanted to go somewhere after work it meant either staying up in town (and paying a fortune for a hotel) or taking the last train home, at 11pm, if you're lucky and its running, and of course the real dangers taking a late train while not exactly sober.

It not a nice place, sure it may be better if you live a stones throw from the square mile, but you'll need to earn mega money to do that, or live in a fleapit.
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Old 31.10.2011, 15:08
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Re: Can I leave Switzerland with that salary?

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Meaning?

Come on, don't tell me he'll get a better life in London!
Of course he'll have a better life in London.
He's 25 years old, single and earning a reasonable wage.
He doesn't need a standard of living with no wife/kids/mortgage/pension etc to worry about.
All that will tie him down soon enough.
The time is right to go and experience some real life, before 'growing up' holds him back.
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Old 31.10.2011, 15:08
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Re: Can I leave Switzerland with that salary?

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40K + Bens. for a 25 year old analyst.
..mind you, he's not very good at it.
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Old 31.10.2011, 15:11
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Re: Can I leave Switzerland with that salary?

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..mind you, he's not very good at it.
Two words: Midget Porn
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Old 31.10.2011, 15:14
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Re: Can I leave Switzerland with that salary?

I think it boils down to how you want to live in London.

If you are used to your own pad and that it what you want in London then you will struggle.
If you are prepared to share then that will be enough for a great time.
( My son was recently sharing in a flat and could walk into the City and was paying 575 - there were 5 of them and the pad was really nice - very trendy!) His flatmates were all earning around the 23k bracket.
You are only 25 - London is wonderful at that age!
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