09 December 2007

Taking Cost of Living Into Account When Assessing An Overseas Nursing Contract

One of the scariest things about moving your nursing career overseas is the feeling of uncertainty when it comes to accepting a contract. Many questions go through your head, is this enough money? How much will it cost to live? Will I have enough to send home?

When looking at an employment contract for a nursing job abroad it is very easy to focus on the salary you’ll be receiving and judge the medical recruiter’s offer on that basis alone. However, should you fall into this trap you could be robbing yourself of some very attractive opportunities...

If you want to send money home, or have enough money to travel with and take advantage living in another country, then it is not the salary offered that you should be looking at when deciding if a contract is worth signing or not. What you need to be considering is the amount of money you will have left over at the end of the month, or you disposable income.

Disposable income is the difference between the income you receive in your pay packet and what you have to spend to live.

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