Benefits package in Colombo

Tools:

Employees accept job offers not only for the salary, but also for the benefits that accompany the position. Job perks can entice employees. Evaluate what benefits are valuable to you when looking for a package.

Example of Benefits that may be offered:

  • Private health care
  • Life insurance (employee and spouse or children)
  • Standard salary increases
  • Performance bonus
  • Allowances (meal, transportation, rice, clothing)
  • Reimbursements (medical, dental, optical)
  • Additional vacation and sick leave
  • Additional retirement benefits
  • School Tuition

Expat Job Benefits

To convince an employee to go abroad, there may be additional benefits to help ease the transition. The most common is an increase in salary, but there may also be specific benefits for those moving abroad for a job. Evaluate what benefits are better for you when negotiating for a package.

Example of benefits that may be asked for are:

  • Moving budget
  • Relocation counselor
  • Free/reduce accommodation
  • Paid leave to return to hoe country

For further guidance, read our post on Expat Package Compensation.

Update 22/07/2018


Tools:

Facebook Twitter LinkedIn Pinterest WhatsApp Addthis

Recommended Partners

Keep more of your money when transferring funds overseas!

Fexco_logo

If you want to move money abroad, from Sri Lanka or to Sri Lanka 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.

Faster, cheaper, safer International money transfers.
Dedicated fx dealer who will oversee your transfer from start to finish
Make payments from anywhere with our secure online platform, PayDirect.
If you prefer the personal touch, then our payments team can be contacted by phone.

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.



Do you have comments or personal information to communicate about this article? Add your comment.


Find more definitions and general answers on expatriation issues in the Expat FAQ (Frequently Asked Questions).

Go to the Forum to talk more about benefits package in Colombo, at work.