Employees accept job offers not only upon the salary, but on the benefits that accompany many positions. Employee benefits are a "job perk" that may convince a potential employee to join a specific company.
Packages for Foreigners in China
A benefit package in China is very dependent on whether you are hired as an expat from abroad or a local hire. If you are hired from overseas, you are eligible for a greater range of benefits. A large bonus, hardship posting pay, housing allowance, 3-5 weeks paid vacation, and round trip air ticket once a year are standard. If you are hired locally, these benefits are usually not necessary to entice you and will not be offered.
- Relocation benefits - Covers the cost of the actual move plus the help of a relocation agent to ease the transition
- Accommodation benefits - Subsidized housing and a rental agent to help find accommodations
- Language training - Courses at home and abroad to help the employee integrate
- Expatriate family benefits - Aid tuition payments for children, obtain visas and compensate for potential loss of income of spouse
- Taxes - The company completely handles the tax paperwork and payments
- Transportation costs - May include a car and/or driver or travel to and from work.
- Mobile phone and/or personal computer
- Health care Insurance - Provide access to private health care. This may help provide specialist expat care and Western practices
- Visa - Your company should handle the paperwork and fees associated with obtaining a visa.
- Evacuation insurance - The ability and financial security to leave should an emergency occur
Update 12/05/2011
Keep more of your money when transferring funds overseas!
If you want to move money abroad, from China or to China for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Why Fexco
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Main characteristics
Fexco will help you to keep your overseas money transfer costs to a minimum.
| Margin | 0.6% |
|---|---|
| Regulator | FCA |
| Fee | £10 < £5K or Free > £5k |
| Mini | £1K |
| Ccy | All (130 currencies, incl ‘exotics’) |
| Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
Get an online quote today
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.