Hi all, I've just been told that there is the opportunity for me to embark on a secondment in Sydney for two years. Amazing opportunity and we're seriously considering it (currently live in London).
I'm chatting to HR about further details but to be honest they seem pretty clueless and I've never done anything like this before so need some guidance.
I have two children six and four and DH is a teacher so will not work initially but would like to eventually if he can. So far the things I'm discussing with HR are:
- Salary. Apparently my salary would be the same just transferred into my account in AUS dollars. Is that normal? What happens with tax etc?
- Holidays. It's been suggested that my current allowance of 30 days per year will be reduced to 20 which is normal in Australia. I've said this is not acceptable and I want 30 days. Again, what is usual?
- Accommodation. I will get a contribution towards accommodation which seems good. From looking at rental sites I think I'm looking at AUSD1,500 - 2k a week. Am I foolish in thinking I'll find somewhere is Sydney with good schools on this budget?
- Schools. We're starting to look at areas we're interested in and this will be based on good schools for my 6yo and 4yo as well as potential wrap around care. Any experiences?
- Commuting times - probably looking at the ferry and the North Beaches - sensible?
- Additional expenses/living costs. What happens with pensions/life insurance? Is it usual for the employer to pay these? I think that pension payment is different to the UK and obviously need to have a conversation with my employer about this but wondered what is normal?
- Am I mad to even consider this with a young family? My job is quite full on and so potentially long hours (which I do in London anyway). My DH is fully on board and excited about the whole thing (well, he wouldn't be working for potentially 2 years!!).
But on one salary of circa $220k will this be sensible? We will rent out our current house which will cover our UK mortgage/letting fees etc and we're not big spenders or have any other debt and currently manage in the UK with private school fees etc so think we can do this on one salary but I could be just totally naive? Aware of the school fees for professionals on visas etc.
Gosh, sorry about the length of this post! Any help/advice/tips etc gratefully received!