Or you're a Civil Servant.
My colleagues' and my situation is this: when our company hires people from overseas it will offer a "package" to attract candidates to come. People coming from overseas have additional expenses compared to locals, thus needing some additional compensation to make it worthwhile. Our company signs finite-term contracts with these expats. At the end of the contract, if the company really wants to retain this employee, it may offer to continue the "expat package"; on the other hand if the company thinks it's got the upper hand in negotiation, it may offer just a local-equivalent compensation and tell the candidate to take it or leave it. So my colleague lost his expat perks and just got a salary. I just don't know if he got a salary cut as well...
Well, that's by choice. If they wanted, they can return home. I would assume that in the contract if the employer didn't want to renew the contract then they would repatriate the employee back to their home country.
I.e. local contract + additional benefits + being an expat = expat package ??
(just looking at the situation with local contracts, there can be other expat packages, too)
Which brings up another interesting question: What package would a HK-born citizen have who lived overseas for years but now returns to work on a local contract but with certain benefits that the local colleagues do not have? Expat, local+, local, other ... ?
My personal take is, expat package in this case refers to a collection of extra compensation/goodies that's designed to offset the additional cost of a person relocating to Hong Kong.
My company offered me to ship furnitures from US and back, for example, so I don't have to buy furniture here and end up having to dump them. My kids are not coming here so company buys me 4 tickets to fly home a year. I'm a poor negotiator; these are about the only goodies I got, and I declined the shipping offer (I live very simply).
Last edited by RobertFisher; 22-04-2011 at 07:04 AM.