Less confusing hopefully
OK,
I did too many comparisons in a short space.
$6,400US is the amount tax free you get which is a good reference number for some US based guys that have PM'ed me asking for comparisons between CX UFO and EK. They won't get ERP if they join EK as it is a US pegged currency.
Now for someone else(aussie, canuck, pom, kiwi) considering EK you need to include ERP as they are paying 7.5% of salary. Additionally, in HKG we pay 16% tax so to compare CX with EK you either have to look at CX salary post tax or increase EK salary to be equivalent to CX salary. SInce I am posting here on the Fragrant Harbour and not the middle east forum I decided to use CX as the ref point.
$6,440US = $50,220HK
ERP = $3,340HK
Total tax free salary $53,560
divide that number by (1-16%tax) and you get
$63,760.
That last number is the one you need to compare with CX salarys.
Clearer this time?