This is a package:
A TYPICAL BENEFITS PACKAGE FOR PHYSICIANS
01. Contracts are 1 or 2 years and often renewable, offered as MARRIED STATUS 02. Family consists of a spouse, 1, 2, or 3 children according to hospitals policy. 03. Free furnished housing including utilities (But not telephone) 04. Free transportation to and from work and shopping via hospital transportation
05. Free Medical coverage 06. Forty (40) to fifty six (56) calendar days annual paid vacation, including public holidays 07. Airfares at beginning of contract and end of contract 08. Airfares (Return trip) to point of hire at the completion of 12 months of contract 09. Education Allowance for children (1 to 3 vary by hospital age 5 to 18 years) 10. End of contract bonus, either one month or half a month pay for each year completed (Vary by hospital) 11. Seven days emergency leave should you had to return home for a family emergency matter 12. Working hours 44 to 48 per week 13. Monthly salary may vary by hospital and position (But is always TAX FREE):
GP / ER (MD with 2 to 3 years experience) US $4,266 to US $4,800 Associate Cons. (Post post qualification degree with 1-2 years exp) US $4,800 to US $6,600 Consultant (Post post qualification degree with 3-5 years exp) US $6,400 to US $10,000 Chief or Head of Department US $10,000 to US $12,000
(3.75 Saudi Riyals = US $1.00; 3.67 UAE Derhams = US $1.00)
EXAMPLE COMPARING SALARIES AT HOME AND IN THE MIDDLE EAST
Income Home
Salary $250,000
Middle East
$96,000 4,000 (2 weeks pay) 8,000 (Self, spouse & 2 children)
10,000 (minimum) &up to US$30K for 3)
$00.00 00.00 00.00 00.00 00.00 00.00 00.00
$00.00
$130,000 $12,000
$118,000 + Education allowance for children
End of Contract Bonus Annual Airfare Travel Children Education
Expenses
00.00 00.00 00.00
Housing ($1,500 /mo x12) Utilities ($125 /mo x12) Transportation 4,000
Taxes (45%) Medical insurance Liability insurance Children education
Sub Total
Income less expenses Other Expenses (Food, etc.)
Income package
112,500 1,200 25,000 20,000
$182,200
$67,800 $12,000
$55,800
$18,000 1,500
TAKE HOME MONEY (Income package minus annual airfares & Education for children)
$55,800 $110,000 HOME Middle East