1. Is it sufficient for an individual (travelling alone).
2. How much can I expect to save per month?
3. What is expected expense on meal & transport.
Thanks,
Bhaskara
As I am coming to Zurich for 4 months regarding an assignment. During this tenure, I will be paid CHF 84000 gross per year. Additionally, company will provide accomodation (fully paid by company) and allowances for meal/transport (CHF 500/month) and company Pillar 1 and pillar 2 deductions will be shared between me and company on the 50-50 basis. Please let me know following:
This will not end well.
OP, please search the forum. This question has been answered many, many times.
To cut to the chase, the amount you're being offered is well above the Swiss national average and more than many families -- including expats -- earn. If you have no dependants in Switzerland, you will be very comfortable and you could save if you wish.
All your questions are of the "how long is a piece of string?" genre. Steak and champagne every night? Wild partying or staying at home?
As I said, you'll be fine. Rent is usually the biggest expense (and problem to find accommodation), so if that's supplied, you're on Easy Street. And you could easily eat and travel on CHF 500/month, especially if you live within walking or cycling distance of work. If you wish, you could save almost all of your after-tax salary.
Just check that your employer covers the tax liability arising from the benefits they are offering you, and check out your personal situation re. health insurance -- this is usually mandatory but for a contract of four months, I'm not sure. That alone can run to as much as CHF500-600/month if you go for all the options.
To be honest, it's impossible to say.
Are you planning to eat out every day (expensive) or bring your lunch and cook your meals in your flat (affordable).
Zürich is one of the most expensive cities in the world, but you certainly can live there quite comfortably with a salary of CHF 7500 per month if you don't have to pay rent. After deductions and withholdings, you'll probably take home between 5000 and 5500 per month - certainly enough.
1. More than sufficient
2. Basically, if you eat at home, you will save damn nearly all of it.
3. If you eat all meals out 50-100 francs a day plus drinks. If you eat at home, see 2. If you do a mix, then somewhere in between. Transport - depends on where your apartment is. The company will tell you.
enjoy.
Taxes will be deducted from my salary and Pillar 1 & 2 deductions will be shared with company on 50%-50% basis.
Of course, I am planning to eat at home and 12.5% of gross yearly salary is total deduction for pillar 1 and 7% of CHF 59,160 is total deduction for pillar 2. All these figures are on yearly basis. CHF 350 is an additional deduction + household tax.
just curious: how can one miss the sticky thread????
http://www.englishforum.ch/daily-lif...f-library.html
http://www.englishforum.ch/daily-life/90124-cost-living-help-needed-get-right.html
Actually I think it is quite easy to miss them! It is one of those things that one sees when one knows it is there. I wanted to have the titles of the stickies made bold but the idea didn't seem to cut much ice with the powers that be.