Just thought I'd update all interested in this subject.. especially if it will help others who are negotiating packages. So after much to'ing & fro'ing with the company on exact details of my contract, I have been able to negotiate some good inclusions:
- Full cost of relocating personal items including packing from our home & unpacking in Singapore with up to 40 foot container, all incidentals covered including comprehensive insurance
-
Serviced Apartment in Singapore up to 8 weeks or earlier if we find a place to live
- Hotel in Sydney for up to 1 week whilst we clean our existing house & take care of all bits & pieces we need to do
- Flights for the family: wife & 2 kids
- Payment of application & infrastructure fee for
International School (approx $11k)
- No interest loan for school fees, pay back to the company in 12 monthly installments taken out of pay
- Car rental in Singapore until I find my own car to purchase (maximum 8 weeks).
- $3000 p.a to cover family medical costs
- Holidays based on Australian law (so I get 20 days annual leave instead of whatever Singapore is offering these days).
All in all I'm pretty happy, plus a pretty good increase in my overall package.
So whilst the huge expat packages over yesteryear have gone, companies do seem pretty willing to provide some good expat packages still. And I'm not an investment banker or even work in finance.
If you are negotiating your expat package with your company now, good luck. Feel free to use my package as ideas for you..