Opportunity with Big 4 in Jakarta

diwaker

Member

Member since 13 January 2014

Muscat, Muhafazat Masqat

diwaker

13 January 2014 08:32:42

diwaker

13 January 2014 08:32:42

Muscat, Muhafazat Masqat

Hi Every one

I am currently considering an opportunity with Big 4 in Jakarta and need your help in getting an idea about pay package. I currently stay in Mumbai (India). Please correct / throw light on below numbers worked out my me.

Apartment in Jakarta rent USD 2500
School fees: International School USD 2500
Groceries USD 249
Maid USD 174
Mobile Phones USD 30
Internet and Cable TV: USD 32
Electricity: USD 86
Water (Tap): USD 12
Water (Bottled):USD 8
Transportation USD 41
Savings per month USD 1,608

Total monthly Salary after tax USD 7,240

Thank you very much
Diwaker

diwaker

Member

Member since 13 January 2014

Muscat, Muhafazat Masqat

diwaker

14 January 2014 08:00:24

diwaker

14 January 2014 08:00:24

Muscat, Muhafazat Masqat

I am interested
e mail id is.
[email protected]

Priscilla

ViP

Member since 30 May 2013

Priscilla

14 January 2014 12:05:22

42358

Priscilla

14 January 2014 12:05:22

42358

Hi Diwaker,

Welcome to Expat.com

In order to give more light to your questions, please note that i created a new topic with your post on the Jakarta forum. It will help you to obtain more specific answers from the members.

Thank you,

Priscilla
Expat.com team

Fred

Indonesia Expert

Member since 02 August 2009

West Java

A smile is the universal welcome.
Max Eastman

Fred

14 January 2014 13:18:38

27506

Fred

14 January 2014 13:18:38

27506

West Java

$100 = over Rp1,000,000 at time of post (Closer to 1.2 juta but the maths is easier at 1)

Apartment in Jakarta rent USD 2500 - per month? If so, that's costly but not uncommon.
School fees: International School USD 2500 - I can comment on Binus in BSD. That's about $300/month but you have to pay an entry fee when you register at the place. I think that's about 33 million.
Groceries USD 249 - sort of depends what you buy. I spend between 2 and 3 million per month on a family of three
Maid USD 174 - full time, live in, English speaking - sounds about right. Make sure you copy her ID card.
Mobile Phones USD 30 My Telkomsel internet package costs Rp60,000/month and I spend about 40,000 on calls/SMS.
Internet and Cable TV: USD 32 First media, 6 mbps internet package + cable TV costs me 370,000/month
Electricity: USD 86 - Mine costs around 253,000/month
Water (Tap): USD 12 mine costs around 128,000/month
Water (Bottled):USD 8 _ about right
Transportation USD 41 - Way too wild to work out. Trains, taxis, buy a car, what?
Savings per month USD 1,608

Total monthly Salary after tax USD 7,240 That's about 85 million. If you're getting that, you can live like a king.

GuestPoster1610

28 January 2014 17:16:02

GuestPoster1610

28 January 2014 17:16:02

since you work for big 4 so you must live in down town and 2500 usd for flat is about right. Since you are indian you might need to spend more on groceries... i dunno about school fees as i am too young to have kids heheh omg 2500 is a lot. your mobile phone might be 50 usd depend if u in sales role or not ! but big 4 often accountant so 30 will just ok, thats how much i spend and i am single so no kids or partner to call. Internet and tv cable will be 50-60 usd. Electricity u may need 100 usd, I spend 75 usd and its only me and a flatmate. U may need increase ur budget on transportation, i spend 150 usd on taxi just to go work and back nothing else and i live down town.

Btw u can cut down your flat budget to 1500 if u dont mind living in old building but still nice and down town! and omg why school so expensive zzzt

Musher

Member

Member since 28 January 2014

London

Musher

28 January 2014 20:57:15

Musher

28 January 2014 20:57:15

London

Diwaker,

I am in a similar position (Big 4- strategy consulting senior manager) working out of London with a chance to head out to Jakarta and help set up a strategy practice.

I came out with very similar numbers on costs- the school fees are a killer particularly with 2 kids- hoping that after a year the school may provide a bit more support as I think the fees are inflated by many expats getting their fees as part of a package. In terms of rental, 2500 gets you something pretty nice in Kemang. I am banking on being able to negotiate down to 2000. I know recent trends are going the other way but seems unsustainable to me.

I also put in a bit of travel- both within Indonesia and family trip back to London once per year. That pretty much wiped out savings/pension (or atleast they become bonus dependent)

Other thing to bear in mind is the upfront cost- schools and rental is paid 1 year in advance (or you pay a premium to pay in instalments). So I am keen to lock in some form of upfront payment to protect my current savings.

also in case you don't know the rules, I was delighted to find that legally (sic?) you are paid 13 months salary- so I would suggest you focus on negotiating the monthly rate, lock in the bonus and then hope for the extra months windfall! I am hoping it gets paid around Ramadan (June this year) but not got that clear yet...

As a matter of interest my offer is similar- (did you assume 25% tax rate?)- and there's not a huge relocation package. Negotiations ongoing- but if you want a bit more benchmarking on the package offered let me know. Could be useful on a quid pro quo basis

Regards

Matt

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