Tuesday, 11 February 2014

How much Young Profesional earn?

Emoluments
The basic salary is specified in the offer letter and is payable in euros, as are all other allowances (family allowances, expatriation and installation). Emoluments (basic salary and allowances) are payable in arrears, with the exception of the installation allowance which is payable on taking up duty.

Emoluments are exempt from taxation in most Member countries of the Organisation, including France.

Income tax in the United States: A specific article (article 3) of the tax reimbursement agreement between the USA and the OECD excludes from the US tax reimbursement programme all OECD official who are liable to pay income tax in the United States and whose post is financed, partially or in total, from voluntary contribution or grants (be it from US or from other sources). OECD officials as defined above are informed that, as the US tax reimbursement programme does not apply to them, the OECD is not in a position to reimburse any tax paid by them to the US.
Income tax in Canada: Officials of Canadian nationality serving at OECD headquarters are exempt on French soil, of income tax on the emoluments they received from the OECD. However, cases may arise in which some officials of Canadian nationality, despite serving in France, are considered by the Canadian tax authorities to have kept their ordinary place of residence in Canada and are therefore held to be liable to income tax in Canada.

Managerial Staff
  • From 11 399€,  Directors (Grade A7)
  • From 10 414€, Deputy Directors and Heads of Service (Grade A6)
  • From 8 811€ , Heads of Divisions, Counsellors and some Managerial Staff (Grade A5)
  • From 7 609€,  Heads of Unit and Heads of Centre (Grade A4)
Professional Staff
  • From 7 609€ for Senior Economists/Senior Policy Analysts, Experts, Counsellors, Advisors and Senior Linguistic Staff (Grade A4)
  • From 5 306€ for Economists/Policy Analysts Translators/Revisers and Interpreters (Grade A2-A3)
  • From 4 152€ for Junior Policy Analysts, Junior Economists, Junior Translators  (Grade A1)
Support and Technical Staff
  • From 4 085€ for senior administrative, marketing/communication and statistical staff. (Grade B5)
  • From 3 100€ for personal assistants, administrative assistants, statisticians, junior programmers, documentalists, officers, Coordinators. (Grades B4 / C5)
  • From 3 080€ for staff assistants, project assistants, accountants, IT technicians. (Grades B3 / C4)
  • From 2 102€ for junior staff, assistants, safety and reception officers, technical assistants. (Grade B2)
* Monthly basic salaries are provided for information purpose only.



 DISPOSABLE INCOME

With the highest levels of educational attainment of any group Young Professionals (25-39 year olds with a college) education) are more likely to have greater amounts of disposable income and much more likely to spend it; typically spending 84% of their income every month. They are enthusiastic consumers for electronics, fashion, real estate, dining out, social activities, etc. Most have children and spend a significant portion of their incomes on them. Those who don’t have children spend a significant portion of their disposable income on “the good life.” This is an audience that your business needs to connect with. 

Young Professional Population: 90,100
Median Household Income: $74,600

82%
are homeowners
75% are employed full time
85% have children under 17 living at home
88% have wireless/cellular service
98% have accessed the Internet in
               the past 30 days
97% dined out in the past 30 days
81% bought apparel in the past 90 days
$116 Average weekly grocery bill
68% accessed the internet from work in
               the past 30 days




Justyna



Resource:
 http://www.postcrescent.com/ic/mktg/mediaguide/youngprofessionals.shtml
http://www.oecd.org/careers/salariesandbenefits.htm

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