I am an MBA from UK with 3 years banking experience in UK, is a salary of 12,000 Dirhms in Dubai a fair offer?
Posted on September 13th, 2009 by admin
Banking
My work experience is in Compliance/AML…My bachelor’s is from the UK as well.
My work experience is in Compliance/AML…My bachelor’s is from the UK as well.
Filed under: Financial Services


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Depending if the package also includes housing?
If not, then no 12,000/3.67 = $3200 USD month.
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Based on my 11 years local experience, this salary is little less if:
1. you possess 2+ years experience in a bank
2. your new employer is also a bank / finance house.
3. the salary that you were drawing for past 3-4 months, is already 60% – 70% or more than the new offer.
However, if you are planning to stay here for more than a year, this offer is ok, as you can switch over to a new job after one year, and then obviously you will be offered at least 50% more by your new employer.
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I do not think that it is a fair offer as you can bargain for a little less in your home country itself !!