Expats in Taipei the 9th lowest-paid in the world: HSBC survey

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Expats in Taipei the 9th lowest-paid in the world: HSBC survey

Postby maoman » Tue Feb 27, 2018 21:28

We're No. 43! We're No. 43!
Focus Taiwan wrote:Taipei, Feb. 26 (CNA) Taipei placed ninth from the bottom in the global rankings of expat salaries among 52 cities across the world, according to the latest HSBC Expat Explorer survey.

Expatriates working in Taipei make US$76,788 per year on average, higher than in Buenos Aires, Prague, Manchester, Glasgow, Barcelona, Birmingham, Brisbane and Edinburgh, according to the HSBC survey of 27,587 expats from 159 countries and territories.

A total of 52 cities reached the minimum sample threshold of 90 expat respondents and were analyzed separate from their countries.

Expatriates who work in Mumbai, India, are the highest-paid in the world, according to the survey conducted by HSBC Bank International, earning an average of US$217,165, more than double the world average of US$99,903, the survey found, according to multiple reports.

Next were expats in San Francisco, with an average annual salary of US$207,227, and three other Asian cities --Shanghai (4th, US$202,211), Jakarta (8th, US$152,589) and Hong Kong (9th, US$152,589) -- also ranked among the top 10.

Edinburgh ranked at the bottom with an average expat salary of US$56,250 a year, the reports said.

The average earnings of expats were higher than US$100,000 in 31 cities.
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Re: Expats in Taipei the 9th lowest-paid in the world: HSBC survey

Postby cfimages » Tue Feb 27, 2018 22:19

I presume that's actual expats posted here for a year or two by foreign companies rather than us folk who live here permanently.
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Re: Expats in Taipei the 9th lowest-paid in the world: HSBC survey

Postby shiadoa » Wed Feb 28, 2018 04:16

As the threshold for Cities was only 90 People, Surveys like this can produce some very skewed results.
If all "Expats" were included in Taipei, I fear the results would be worse. That being said, other Cities may have had 90 'High Flyers" earning very high salaries.

If you removed the top 10% and the bottom 10%, the results may be more representative.
Taiwan would look terrible if you included Factory workers and Carers, who are "Expats', but that would make Taiwan pay average around 25,000NTD a month :idunno:
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Re: Expats in Taipei the 9th lowest-paid in the world: HSBC survey

Postby jimipresley » Wed Feb 28, 2018 04:47

"Expatriates working in Taipei make US$76,788 per year on average"

I'd be very happy if I made even half of that.
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Re: Expats in Taipei the 9th lowest-paid in the world: HSBC survey

Postby cranky laowai » Wed Feb 28, 2018 10:46

Focus Taiwan wrote:Next were expats in San Francisco, with an average annual salary of US$207,227

Almost all of which probably goes toward rent....

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Re: Expats in Taipei the 9th lowest-paid in the world: HSBC survey

Postby Dragonbones » Wed Feb 28, 2018 21:27

cfimages wrote:I presume that's actual expats posted here for a year or two by foreign companies rather than us folk who live here permanently.


Yeah, it'd be very interesting to know what they mean by 'expats'. After all, English teachers at buxibans and Indonesians caring for elderly Taiwanese in their homes are expatriates, as are highly paid bank VPs. Statistics are nearly meaningless without careful clarification.
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Re: Expats in Taipei the 9th lowest-paid in the world: HSBC survey

Postby jimipresley » Wed Feb 28, 2018 21:31

I assume they're speaking about professional expats on packages. Like engineers, diplomats and stuff who pop over here on 2-year contracts or so.
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