T H E E X P A T R I A T E P A C K A G E
Overseas assignments often go hand-in-hand with a substantial increase in responsibility. However, for the additional workload and inconvenience of moving your family abroad, you should have an expat package negotiation in mind. Certain benefits can indeed be negotiated into your expat package in Vietnam, which should make it a very worthwhile experience.
The critical point to keep in mind is that in the end, your employer and you have the same goal: to move you in a manner that will ensure you, your spouse, and your children (if applicable) are happy. You are then free to give your undivided attention to the job at hand.
Studies have also shown that employees who have undertaken expat positions find it easier to climb the corporate ladder once they return.
Prepare your Expat Package in Vietnam
Getting an expat package deal that makes your transition overseas as stress-free as possible should be your endgame.
In order to be ready to negotiate your expat package in Vietnam, here are some elements you should expect:
Family and spouse assistance
Temporary living arrangements
Pre-move visit (to check out housing and schools)
Housing costs (in the new and old location): it may include the cost of breaking a lease
Cultural and language training
When it comes to your expat package negotiation, remember that it never hurts to ask, but do not push too hard on non-essentials as it could blow the deal. Decide what your bottom line is, and everything over and above is a bonus.
Must Haves in your Expat Package in Vietnam
Negotiating a pre-visit into your expat package deal is a must. You can not indeed land in a new country having only online information in your arsenal. Going there before taking the assignment will allow you to visit some schools, houses, hospitals and grocery stores, and to take a tour of the different areas suitable for expats to live in. The first-hand experience is essential, especially in less-stable countries where laws and currency value change regularly.
Cost of living in Vietnam information is essential. Eating and shopping in local stores does not usually cost much, but if you like your home-comforts then you will usually find a hefty price tag, due to import taxes on what would normally be relatively cheap at home. Food such as pasta, cheese and wine (depending on location of shops) can sometimes be three or four times more expensive overseas.