salary conversion report - d2y05869ftj0yg.cloudfront.net · salary conversion report 11 description...

Singapore,

Singapore

Toronto,

Canada

SalaryConversionReport

SALARYCONVERSIONREPORT

2Singapore(Singapore)-Toronto(Canada)SalaryConversionReportpreparedbyYourCompanyBrandonJuly21st,2015.RelocationproposedfromSingaporetoToronto(Canada).

Reportdate:21July2015Basecity:Singapore,SingaporeBasecurrency:SGDExchangerateused:1SGD=0.953CAD

Destinationcity:Toronto,CanadaDestinationcurrency:CADIndexprofile:Standard

CurrentNETinSingapore 180000SGD(171580CAD)

NETamountrequiredtocovercostoflivingdifference -1.9%-3420.00SGD(-3260.03CAD)

EquivalentNETinToronto(currentnetinSingapore-costoflivingdifference)

176580SGD(168320CAD)

SalaryAdjustment

SINGAPORE(SINGAPORE)-TORONTO(CANADA)

CurrentNETinSINGAPORE

180000SGD(171580CAD)

Costoflivingdifference

-1.9%

-3420.00SGD(-3260.03CAD)

EquivalentNETinTORONTO

176580SGD(168320CAD)

PoweredbyExpatistan-©2009-2016Expatistan


3CostoflivingdifferenceThecostoflivinginToronto,Canadais1.9%cheaperthaninSingapore,Singapore.

Singapore,Singapore

Toronto,Canada

Difference

Foodcategory 100 117 +16%

Housingcategory 100 75 -25%

Clothescategory 100 74 -26%

Transportationcategory 100 89 -10%

PersonalCarecategory 100 100 -0%

Entertainmentcategory 100 118 +17%

COMPLETECOSTOFLIVING 100 98 -1.9%


Singapore Toronto



4Foodcategorydetails:

Foodcostdifference:+16%Itemsincludedinthiscategory:13Weightoffoodinglobalindex:19%

Singapore Toronto Numberofprices

usedDifference

SGD CAD SGD CAD

Basiclunchtimemenu(includingadrink)inthebusinessdistrict

12.16 11.59 17.64 16.82 178 +45.1%

Combomealinfastfoodrestaurant(BigMacMealorsimilar)

7.85 7.48 9.42 8.98 172 +20.0%

Bonelesschickenbreast 5.61 5.35 6.92 6.59 88 +23.2%

Wholefatmilk 3.30 3.14 3.20 3.05 138 -3.1%

Eggs,large 4.07 3.88 4.44 4.23 130 +9.0%

Tomatoes 2.81 2.67 4.05 3.86 74 +44.3%

Localcheese 12.05 11.48 11.02 10.50 61 -8.5%

Apples 4.33 4.13 3.65 3.48 68 -15.8%

Potatoes 3.03 2.89 2.65 2.53 63 -12.5%

Domesticbeerinthesupermarket 5.69 5.42 3.24 3.09 84 -43.0%

Redtablewine,goodquality 34.96 33.33 18.12 17.27 104 -48.2%

Coca-Cola 2.54 2.42 2.50 2.38 105 -1.6%

Bread 2.17 2.07 2.35 2.24 115 +8.2%

TOTAL 1380 +16%


Singapore Toronto



5Housingcategorydetails:

Housingcostdifference:-25%Itemsincludedinthiscategory:11Weightofhousinginglobalindex:32%


usedDifference

SGD CAD SGD CAD

FurnishedaccommodationinEXPENSIVEarea

3962 3777 2336 2227 445 -41.0%

FurnishedaccommodationinNORMALarea

2803 2672 1756 1674 209 -37.4%

Utilities 179 170 157 150 108 -12.0%

FurnishedstudioinEXPENSIVEarea

3035 2893 1661 1584 170 -45.3%

FurnishedstudioinNORMALarea 2001 1907 1199 1143 149 -40.1%

Utilities(studio) 129 123 113 108 129 -12.6%

Internet8MB 48.88 46.60 55.71 53.11 81 +14.0%

40ʺflatscreenTV 640 610 555 529 72 -13.4%

Microwave800/900Watt(Bosch,Panasonic,LG,Sharp,orequivalentbrands)

245 233 147 140 50 -40.1%

Laundrydetergent 10.01 9.55 10.29 9.81 57 +2.7%

Domesticcleaninghelp 15.15 14.44 21.59 20.58 95 +42.5%

TOTAL 1565 -25%


Singapore Toronto



6Clothescategorydetails:

Clothescostdifference:-26%Itemsincludedinthiscategory:4Weightofclothesinglobalindex:6%


usedDifference

SGD CAD SGD CAD

Jeans(Levis501orsimilar) 115 110 65.16 62.12 72 -43.3%

SummerdressinaHighStreetStore(Zara,H&Morsimilarretailers)

62.47 59.55 42.98 40.97 68 -31.2%

Sportshoes(Nike,Adidas,orequivalentbrands)

134 127 114 108 85 -14.9%

Men’sleatherbusinessshoes 164 156 154 147 66 -5.9%

TOTAL 291 -26%


Singapore Toronto



7Transportationcategorydetails:

Transportationcostdifference:-10%Itemsincludedinthiscategory:4Weightoftransportationinglobalindex:22%


usedDifference

SGD CAD SGD CAD

VolkswagenGolf2.0TDI140CV(orequivalent),withnoextras,new

131763 125600 25742 24538 88 -80.5%

Gasoline 2.18 2.08 1.12 1.06 87 -48.8%

Publictransport 90.69 86.44 147 140 330 +62.5%

Taxitriponabusinessday,basictariff,8Km.(5miles)

12.50 11.91 18.83 17.95 124 +50.6%

TOTAL 629 -10%


Singapore Toronto



8Personalcarecategorydetails:

Personalcarecostdifference:-0%Itemsincludedinthiscategory:9Weightofpersonalcareinglobalindex:6%


usedDifference

SGD CAD SGD CAD

Coldmedicine(Tylenol,Frenadol,Coldrex,orequivalentbrands)

9.82 9.36 10.68 10.18 41 +8.8%

Antibiotics 25.16 23.98 29.69 28.30 20 +18.0%

ShortvisittoprivateDoctor 48.57 46.30 59.82 57.02 43 +23.1%

Tampons(Tampax,OB,...) 10.37 9.89 7.64 7.28 28 -26.4%

Deodorant,roll-on 6.38 6.08 5.90 5.63 39 -7.5%

Hairshampoo2-in-1 9.28 8.85 5.45 5.20 38 -41.3%

Toiletpaper 2.83 2.70 2.59 2.47 37 -8.5%

Toothpaste 4.69 4.47 2.45 2.34 42 -47.7%

Standardmen'shaircutinexpatareaofthecity

27.18 25.91 26.27 25.04 60 -3.4%

TOTAL 348 -0%


Singapore Toronto



9Entertainmentcategorydetails:

Entertainmentcostdifference:+17%Itemsincludedinthiscategory:11Weightofentertainmentinglobalindex:15%


usedDifference

SGD CAD SGD CAD

Basicdinneroutinneighborhoodpub

61.11 58.25 56.99 54.33 91 -6.7%

Movies 23.29 22.20 29.26 27.89 134 +25.6%

Theater(bestavailableseats) 267 254 195 186 53 -26.9%

NicedinneratanItalianrestaurant

155 147 116 110 79 -25.1%

Cocktaildrinkindowntownclub 21.11 20.12 11.22 10.70 79 -46.8%

Cappuccinoinexpatareaofthecity

6.41 6.11 4.54 4.33 81 -29.1%

Beerinneighbourhoodpub 12.22 11.65 7.79 7.43 76 -36.2%

iPodnano16GB 211 201 203 193 18 -4.1%

Prepaidmobiletariff(nodiscountsorplans) 0.17 0.16 0.54 0.52 21 +226.1%

Gymmembershipinbusinessdistrict

146 139 76.94 73.34 65 -47.3%

Marlborocigarettes 12.94 12.33 12.55 11.97 61 -3.0%

TOTAL 776 +17%


Singapore Toronto



10Descriptionofproductsandservicesconsidered

FoodCategory

ProductorService Description

Basiclunchtimemenu(includingadrink)inthebusinessdistrict

Alunchtimemenuspecialincludingadrinkforonecustomer,atarestaurantlocatedinthecity’sbusinessdistrict.

Combomealinfastfoodrestaurant(BigMacMealorsimilar)

Acombomealconsistingofamainitemwithasidedishandadrink,purchasedataninternationalfast-foodrestaurantsuchasMcDonald’s.

Bonelesschickenbreast500gramsofunbonedchickenbreast,gradeA,purchasedinasupermarketinthecitycenter.

Wholefatmilk 1literofwholefatmilk,purchasedinasupermarketinthecitycenter.

Eggs,large Adozenlargechickeneggs,purchasedinasupermarketinthecitycenter.

Tomatoes 1kilogramofstandardtomatoes,purchasedinasupermarketinthecitycenter.

Localcheese500gramsoflocallyproducedcheese,purchasedinasupermarketinthecitycenter.

Apples1kilogramoflocallygrownapples,purchasedinasupermarketinthecitycenter.

Potatoes1kilogram(2pounds)ofstandardpotatoes,purchasedinasupermarketinthecitycenter.

Domesticbeerinthesupermarket0.5litersbottleorcanofdomesticbeer,includingcontainerchargesifapplicable,purchasedinasupermarketinthecitycenter.

Redtablewine,goodqualityAstandard750-milliliterbottleofgoodqualityredtablewine,importedordomestic,purchasedinasupermarketinthecitycenter.

Coca-Cola2litersbottleofCoca-ColaorPepsi,purchasedinasupermarketinthecitycenter.

Bread 250gramsofbread,typicallyconsumedvariety,consumergrade.

HousingCategory


FurnishedaccommodationinEXPENSIVEarea

Monthlyrentforarenovated85m2furnishedapartment,inexpensiveareaofthecity.

FurnishedaccommodationinNORMALarea

Monthlyrentforarenovated85m2furnishedapartment,inanaverageresidentialareaofthecity.





HousingCategory(Continuation)


UtilitiesThebill,fortwopeople,foronemonth’suseofheating,electricity,gasandotherutilitiesinan85m2(915ft2)apartment.

FurnishedstudioinEXPENSIVEareaMonthlyrentforarenovated45m2furnishedstudio,inexpensiveareaofthecity.

FurnishedstudioinNORMALareaMonthlyrentforarenovated45m2furnishedstudio,inanaverageresidentialareaofthecity.

Utilities(studio)Thebill,perperson,foronemonth’suseofheating,electricity,gasandotherutilitiesina45m2(480ft2)studioapartment.

Internet8MB Monthlypricefor8Mbresidentialinternetconnection.

40ʺflatscreenTVA40-inch(101-centimeter)flat-screenTVfromaknown,internationalbrand,purchasednew.

Microwave800/900Watt(Bosch,Panasonic,LG,Sharp,orequivalentbrands)

Amedium-sized800/900Wattmicrowavefromaknown,internationalbrand,purchasednew.

LaundrydetergentA3-liter(100-ounce)bottleofliquidlaundrydetergentforcoloredclothing,purchasedinasupermarketinthecitycenter.

Domesticcleaninghelp Costperhourofdomestichelp,notonfull-timebasis.

ClothesCategory


Jeans(Levis501orsimilar)ApairofLevi’s501jeans,currentseason,nosalesordiscount,inbrandshopatshoppingmall.

SummerdressinaHighStreetStore(Zara,H&Morsimilarretailers)

Astandardfemalesummerdressofthecurrentseason,withnosalesordiscount,inaHighStreetStore(Zara,H&Morsimilarretailers)

Sportshoes(Nike,Adidas,orequivalentbrands)

Apairofbrandsportsshoes(Adidas,Nike,...),inseason,inshoppingmallsportsshop.

Men’sleatherbusinessshoes Apairofmaleleatherbusinessshoes,goodquality,inthecenter.





TransportationCategory


VolkswagenGolf2.0TDI140CV(orequivalent),withnoextras,new

VolkswagenGolf2.0TDI140CV6vel.(orequivalent),withnoextras,purchasednewinabrickandmortardealership.

Gasoline 1literofgasoline,98unleaded,inmediumpricedgasstationincitycenter.

PublictransportMonthlypassfortheintegratedpublictransportsystemcoveringthecorecity.Alternatively,wheremonthlypassesarenotoffered,thepriceequivalentof2tripsadaybetweenthebusinesscentreandatypicalresidentialarea.

Taxitriponabusinessday,basictariff,8Km.(5miles)

Taxifaretotravel8kilometers(5miles)throughthecenterofthecityonaweekdayatnoon.

PersonalcareCategory


Coldmedicine(Tylenol,Frenadol,Coldrex,orequivalentbrands)

Apackageofflu-reliefmedicine,fromaknown,internationalbrand,withdosesfor6days.

AntibioticsA12-packofantibioticpillsortabletspurchasedfromapharmacy,hospitalordoctor’soffice.

ShortvisittoprivateDoctor Follow-uporotherroutinevisit(15minutes)toaprivate,non-specialistdoctor.

Tampons(Tampax,OB,...) Aboxof32tampons,ofgoodquality,fromaknown,internationalbrand.

Deodorant,roll-on 50-milliliterroll-onmaledeodorantfromaknownconsumerbrand.

Hairshampoo2-in-1A400-milliliter(12-ounce)bottleof2-in-1shampoo/conditionerofaknowninternationalbrand,purchasedinasupermarketinthecitycenter.

ToiletpaperPackageof4rollsofknownbrandtoiletpaper(2layers),purchasedinasupermarketinthecitycenter.

Toothpaste A75-millilitertubeoftoothpastefromaknown,internationalbrand.

Standardmen'shaircutinexpatareaofthecity

Astandardmen’shaircutinthecitycenter.





EntertainmentCategory


Basicdinneroutinneighborhoodpub Abasicpubmealfortwoinaresidentialorlocalareapub,notincludingdrinks.

Movies2seatsincitycentermovietheaterforaninternationalreleaseoneveningsession,withoutdiscounts.

Theater(bestavailableseats)2ticketstothebestseatsavailableinthecitytheaterforadramaticormusicalperformance.

NicedinneratanItalianrestaurantAdinnerfortwoatanItalianrestaurantintheexpatareaofthecityincludingappetisers,maincourse,wineanddessert

Cocktaildrinkindowntownclub1standardcocktail(mojito,cuba-libre,...)indowntownclub,onweekend’snight.

CappuccinoinexpatareaofthecityA150to240milliliter(5to8ounce)cupofcappuccinofromacafélocatedintheexpatareaofthecity.

Beerinneighbourhoodpub 1largebeer(0.5liters,1pint,orequivalent)inexpatneighbourhoodpub.

iPodnano16GB116GBiPodnano,purchasednewfromtheApplestoreoranauthorizedreseller.

Prepaidmobiletariff(nodiscountsorplans)

1minutecallinganotherdomesticnumber,usingaprepaidmobile(nodiscountsorplans).

Gymmembershipinbusinessdistrict MonthlymembershipincentricalbranchofknownGymchain.

Marlborocigarettes 120-cigarettepackofMarlboroReds




14

UnderlyingdatapointsTotalsamplesize(differentprices,surveys,products,...)

usedtocreatethereport:

Numberofpricesusedinthecalculation:4989

Numberofsurveys:1195

Categoriesincludedinthecalculation:6

Itemsincludedinthecalculation:53

MethodologyThissalaryconversionreportispoweredbyExpatistan,

andbasedontheExpatistancostoflivingindex.

Dataforthisreportiscollectedcontinuously

throughasurveyavailableonlinetoexpatriates.The

surveygathersconstantlyupdatedpricepointsfora

widesetofproductsandservicesrepresentativeof

expatriates’commonexpenses.Thecollecteddata

undergoesvalidation,statisticalanalysisandtesting.It

iscross-checkedandenhancedwithdatafromother

sourcesavailableonline,includingtheUNStatistics

DivisionandtheWorldBank.Spuriousdataisdetected

anddiscarded.

Theindexiscalculatednet-to-net,excludingtaxes

otherthanthosechargedatthemomentofpayment,

suchassalesorvalue-addedtaxes.Inflationratesare

usedtoupdatedatawhenappropriate.

CategoryweightsFood:19%

Housing:32%

Clothes:6%

Transportation:22%

PersonalCare:6%

Entertainment:15%

ProductsandservicesincludedintheindexThisreport'scostoflivingindexisbasedonabasket

containing53productsandservicesrepresentativeof

thegoodsandservicesthatarepresentativeexpatriate

purchasesonaregularbasis.Brands,qualitiesand

locationsoftheproductsinthebasketaretailoredto

expatriatecommunitiesratherthantolocalresidents.

Allreportedpricesincludelocaltaxespaidatthetimeof

purchase,suchassalesorvalueaddedtaxes,where

applicable.

Theproductsintheindexaregroupedintothe

followingcategories:food,housing,clothing,

transportation,personalcareandentertainment.

Someproductsandcategoriesarenotcoveredby

thecostoflivingindex.Theseinclude:

Healthcare

Taxes

Education

Travel

Insurance

Furniture

Jewelery

Illegalsubstancesandservices

NoteonexchangeratesExchangeratesareusedtoconvertpricesinthe

destinationcityintothehomecity’scurrencybeforethe

indexiscalculated.Theexchangeratesusedinthis

reportarethosereportedbytheYahoo!Finance

CurrenciesCenteronthedaythereportisissued.

Incountrieswheretheofficialexchangerateis

artificiallysetandtherealexchangerateusedin

everydaytransactionsissignificantlydifferentfromthe

officialrate(inVenezuela,forexample),analternative

orparallelratemaybeused.



AboutYourCompanyBrandACMERelocationSolutions(Yourownbrandwouldgohere)wasestablishedin1979.TheCompanyhasgrownthrough

innovationandexcellentcustomerserviceprovision,asourtestimonialsshow,andnowincludesmanymajorinternational

companiesamongitsclients.

Weknowhowimportantitisfortheclienttobekeptfullyinformedandfortheiremployeestofeelrelaxedabout

comingtoanewcountryonassignment.Allourcorporateclientsexpectandreceiveahighlyprofessionalservice.

Althoughweprovideregularongoingstatusupdatesthroughouttheprocess,busyHRpersonnelcanmakeuseofour

relocationtrackingsystematanytimetokeepthemselvesinformedoftheprogress.

ContactInformationForhelp,questions,ortofindoutmoreaboutACMERelocationSolutions,pleasevisit YourCompanyWebsite.comoremail

your_email@your_company.com.

http://www.example.com

mailto:[email protected]

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