My husband works for a large multi-national corporation that has offices in the UK, and he has the possibility of a transfer. He works in IT and his current salary is $105,000 USD. This is already very high for a non-manager position, and probably equivalent to an IT manager salary. He would be moving into management in the UK. He has accepted the job pending discussions of salary and relocation expenses. The person who is hiring him still doesn't know "how it will fit in to the budget." Discussions are to be picked up next week. We don't know for sure whether this will be workable, and they could make a decision not to bring him over.
When I look at salaries in the UK, and try to figure out what we would need to live on, I'm not sure we would be able to make it without a cost of living adjustment. We don't need anything elaborate, but we do need to bring our dog, and we have two teenagers, so schools are a concern. Because the location of the job is about 30 miles from London, we might choose to live there to reduce commuting costs, however, this would mean we would need a car. We have two kids in braces and some debt.
I do not know how much negotiating power we have. I wonder if they will change their minds after they look at the numbers. On the other hand, I think it might be hard to get someone for this position because it is so far away from the city. Also, the team my husband would be managing is a broken team.
If we go for two to three years, we want to be able to visit other European Countries. We don't have lavish tastes, but would need have some cash to do it. No matter how inexpensive we try to make travel, it always seems to cost a lot.
1. What kind of salary can we expect from a large multinational corporation for a low level manager job in which my husband already makes about the amount they would pay? Is there anyone out here who is receiving cost of living adjustments?
2. How can we utilize relocation dollars in the best way? For example, what's the cheapest way to deal with the fact that we need furniture and a house? Moving our stuff? Storing our stuff?
3. We would like to visit the US once a year while gone, and plane tickets are expensive. Should we ask for this?
4. Any suggestions for how to approach negotiating the relocation package?