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01-05-2011, 06:08 PM
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Most of them get $500 pm from companies like accenture/infosys/Tata Consultancy Services etc. Last year in my college Nvidia gave a package of $1000 pm to some students. the highest package offered till now is to me by Rakuten but relatively (relative to the cost of living in Japan) its the same. but almost everyone at the 7 Indian Institutes of Technology get a package between $1000 and $2000 pm. Some of them get up to $4000 pm (rare cases). I was amazed to listen that the Internet speeds are > 30 Mbps in korea(s),japan. An average indian uses a 512kbps internet. I luckily have a 2Mbps internet connection at home. Living expenses are not much. Almost everyone drives a bike here. You can not reach your destination within time if you use a car. If you plan to use a bike you do not need to buy a bike more than 200cc.(costs $1600) Streets are crowded and its difficult to save pedestrians. public transport is as cheap as $15 pm (travel anywhere in the city as many times as you want...PER MONTH just $15). very very good food at $10 per day. so if you earn $1000 pm here you will certainly have an awesome life and if you earn $2000 pm then that would be damn! luxurious. EXCLUDE Mumbai from the information given above. Affording a house in Mumbai Suburb is much costlier than affording a house in a Dubai's skyline. |
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01-06-2011, 04:31 AM
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1. The car. Assuming the offer will be for a position in Tokyo, very much like for anyone living in New York City, having a car does not make much sense. Mumbai and Tokyo may both be 'mega-cities' - however, it makes a difference to many people that Tokyo is 'First World' and Mumbai is still part of a 'Developing Economy'/BrIC. 2. The salary. It's a wholly reasonable starting salary for someone just out of university (or even a few years out). eg. they are not screwing you with a low-ball number because you're from India or something like that. 3. Your (savings) goals and your assumptions. They're flawed if you someone assumed you would be making only Y3.6 million per year (gross)... for the next ten years. There is no guarantee, but is highly likely that after you get acclimatized to the work environment in Japan, in a few years you might be earning healthy multiples of that original amount. As you indicated that you already speak Japanese, that definitely gives you an advantage. 4. Rakuten. They are the top e-commerce (online mall) operator in Japan. Not one of many mid-sized unknown companies or some volatile venture firm. That's a plus however you also have the benefit of not being near-forcibly tied down to your employer via draconian and discriminatory labor laws like they do in countries like South Korea. It's not that difficult to change employers under the same visa class in Japan. |
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01-06-2011, 12:14 PM
When I arrived three years ago my teaching salary was 300,000 yen per month. Considering that I worked an average of 24 hours per week, that wasn't bad at all. I lived in the countryside, and I lived nicely. The rent for my new house was only 60k yen per month, and the house even included parking for 2 cars.
Not long ago I transferred to a new school in Tokyo. My pay remained the same 300k yen, but my cost-of-living expenses doubled. Rent is higher, as is the cost of food/transportation/entertainment. In Tokyo 300k yen doesn't go far. My current rent is nearly 200k yen per month, and a single parking space costs as much as my house in the countryside cost. Add food, phone, utilities, taxes (my residency tax is nothing to laugh at), and everything else, 300k doesn't come close to covering it. But moving to the city motivated me to look for/make other opportunities, and allowed me to go into business for myself. My income is now approaching triple what it was a year ago, if I had enough time (I still teach 5 days a week) I could probably swing 1 million yen per month, but I get tired even thinking about how much work that would be. Let us know where you will live if you work for Rakuten, It would make it easier to advise you. |
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01-06-2011, 12:49 PM
Just do it, be spontaneous, and do not worry. You have burdened yourself with to many goals and conditions. Forget all that. The value is in the experience. You can worry about saving after you settle. Take peoples advice lightly. You never know what could happen, and neither does anyone else - thats the best part.
Good luck |
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