Is moving to London for a Big 4 opportunity worth it despite the high taxes and cost of living?
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Hey, for some reason I’ve been kicked out of the Deloitte uk bowl so will ask here… I’m contemplating moving op units. How should I approach this so that I don’t burn any bridges? The op unit I’d potentially like to move to is currently hiring, but they might not hire me so I don’t want to apply and then not get it and my op unit knowing that… Thanks in advance helpful people :)
Honestly, who here still cares about the whole WLB line? I’m tired of managers acting like we should be grateful because supposedly we work fewer hours than people in other countries. If it’s 2050, I’m still on £70k, and my monthly train ticket costs £1k, are we seriously still going to pretend it’s all worth it just because we work 20 fewer hours a week than people in other countries?
Depends where you’re moving from and your own lifestyle currently. If you’re young and relatively junior with a strong desire to build experience in one of the best markets in the world and experience the London life at the same time, it’s a no brainer. It can also help with exit routes into other businesses given the pretty fluid job market. If older or with kids, I’d question your motive for it.
Really depends on the team tbh. If it’s a typical audit / tax job, the London pay uplift nowhere near compensates. If it’s a well paid consulting role that the team is only London based… well that’s a different proposition.
Depends on where you’re moving from, and what your current salary and cost of living is.
Deffo not a good move. London taxes and national insurance is punishing especially compared to Singapore. For £58k a year you’d be struggling to rent anything decent in London as well and be forced to live with a bunch of flatmates for the long run. Go if you have rich parents who can help you financially and you want to have an experience working abroad, if not, stay far away.
are u gunna save? probably not. will you have “fun”? probably yes. How much do you value the london experience both personally and professionally? that’d tell u if worth it or not. i’ve saved practically nothing, but would do it 100x again for the experience of living and working here (moving to dubai after 8 years here)