Hi People I am from India and have got an offer to move to Johannesburg, South Africa to lead the SAP practice for a consulting company. What should be my ideal TC? Current TC 34.4 LPA
9 YoE
Dude, have you been watching the whole cluster fuck that SA is in? If yes, why are you even considering moving there? Do you want to be kidnapped and killed? https://youtu.be/d8pXQTi0xAI Stay safe, mate.
Thanks for this. I didnât know it was this worse.
Any further knowledge on total comp?
Let me try to hit the points in your question, and in the comments so that you have broad enough context about South Africa and the life you can build here. If youâre coming to South Africa to lead a practice for a consulting company, it will depend heavily on the company. Given that itâs a SAP practice, I assume itâs not one of the tier 1 consultancies (McK, Bain, BCG). If itâs a tier 2 consultancy, then 50% - 70% more than your current TC. For a small firm, then 30% - 50% more than your current TC. Benefits are obviously important as well and can make a HUGE difference in your standard of living / quality of life. E.g., some firms will pay school fees for your children, which, if they go to private school, ends up saving you a lot of post-tax money. Yes, youâre likely to send your kids to private school if you have them. Think of South Africa as two economies that coexist in some of the same spaces and some segregated ones. On the lower end are most South Africans - households living off less than USD6k per annum. They use public transport, walk where they can and consume public services (healthcare, education, etc.). Most of the people in this group are black, because of the legacy of apartheid. To survive, theyâre very communal and hence look after one another as their first line of defense against bad actors - e.g., a bigger deterrent than the police / criminal justice system against house robberies in the township, is mob justice - where the community catches bad actors and makes them pay. On the upper end (where youâll end up), people consume almost exclusively private services - private transport (own vehicles and Uber), private schooling for their children (there are some good public schools, but these are the exception), private healthcare (general practitioners, clinics, hospitals) and private safety and security (armed response security for your house, secured living estates, etc.). Given all the private services that are consumed, cost of living can be quite high, but you should be relatively comfortable with a TC of USD70k+. On the plus side though, where you donât have to pay a âprivate surchargeâ, cost of living is quite low - hence South Africans on the upper end afford really tasty cuisine at relatively low cost (by international standards). South Africans on the lower end experience poverty that at times is some of the worst in the world, while those on the upper end experience a standard of living much better than 99% of people in developed economies. The middle is almost non-existent and most people within that TC range are gathering experience and are migrating to the top. Basically, as a practice leader for a consultancy in South Africa, you should be able to live quite comfortably.
Yoe?