8
September , 2010
Wednesday

What you get for what you earn

Posted by Samaka

So… I’ve been on land for some time and I’m bored out of my skull. Obviously I don’t have much to write about since all I’ve done is recovering from my sinus infection. Anyways; I’ve had some time on my hands and a few thoughts has passed through my head even though I’ve been trying to avoid brain activity all together. One of those thoughts was of mathematic nature. Now, when I resort to philosophy in mathematical terms it’s normally a supreme sign that I need to get something to do, not to turn into something like John Nash in “A Beautiful Mind”.

Anyways; what was going through my mind was how much my income actually was compared to what I could earn elsewhere, or rather; what I would have to earn elsewhere to be able to get for my funds there, what I get for my funds here. And this is how I calculate. I divide the compared price with my salary and then I take the price for the same thing in Sweden and multiply that with the sum from the when I divided my Egyptian wages and badabim badaboom; I’ve got the salary I’d need in Sweden to get the same value for money as I do here. Now imagine doing the same calculations compared to London, Los Angeles, Paris or some place that is really expensive…

The dive industry is not making you rich. It won’t get you a fat number account on the Caymans… (Well it did get me the Cayman number account but it’s slimmer than the book listing successful peace-negotiations in the Middle East. And I don’t even remember the PIN-code to my Cayman bank-card so I can’t use the money anyway.) You don’t earn that much on diving. It puts bread and butter on the table, but there are no extra benefits like dental or retirement funds. However my life is richer than if I would earn twice or even five times the money sitting in an office or working the floor in any plant. I don’t work to be able to afford to do what I like during a few weeks holiday. I get paid to do what I love and for me that is more rewarding than all the money I’d potentially earn from a 9-5 job.

My basic salary is 900€ plus what I get in tip and commission; around 100€/week. This adds up to around 1.300€/month. For this money I can live like a prince in Egypt and I seldom have to say: “No I can’t afford that”. On top of this I eat for free on the boat 6 days a week. If I would have the same salary living in Sweden as I do here in Egypt I would probably consider myself fairly well-off. Though, how much that would be depends on how you count. Lets just for fun make a few calculations.

To get the same amount in my bank account after tax as I get in my hand here my salary before tax in Sweden would be around 2.000€. That’s not a lot of money so here comes a few additional calculations. All of these numbers are calculated salary after tax!

If I would spend the same percentage of my funds on food in Sweden my salary would have to be better. I can go out and get myself a whole BBQ chicken with rice, salad, a coke and a smile for 7 Egyptian pounds. That’s less than 1€. If I go to Mac Donald’s I get a large size menu for 25 Egyptian pounds. That’s less than 3:50€. I can go out and have a luxury dinner at a nice restaurant and the bill will not exceed 120 Egyptian pounds. That’s less than 17€. I made a quick calculation of the top of my head that I would have to earn about 4.000€ after tax in Sweden to use the same volume of my monthly wages compared with the food prices we have here.

To have the same sized part of my pay check go to accommodation/rent my salary would have to be even better. I have an 80m2 penthouse with 100m2 balcony/roof terrace, sea view, two bedrooms and living room in an absolute prime location. I’m not sure how much one of those would cost in Sweden and of course that would depend on location, but with an educated stab in the dark I’ll put a 1.000 € price tag on a equivalent accommodation along the coast in Sweden. And then I think I’m careful. This means that I would have to earn around 6.000€ after tax for that to be the same percentage of my income.

Popularity: 26% [?]


-------------------------------------------

About this Scuba Jedi:
Most people call me Samaka which is Arabic and means fish. The nickname comes from when I first came to Hurghada and was working with daily diving. I always gave my divers long time in the water and so every day it was me the boat crews were waiting for before they could let the moorings slide and go home. "Who are we waiting for?" someone would ask and another reply "Alatoul el Samaka" (like always, the fish). I work as a dive guide/instructor in the Red Sea since 1999 and I still love every second of it I have about 3.500 dives in the Red Sea under my belt and I'm still excited every time I'm about to jump in the water. When it comes to my own passions in diving there is my rebreather, U/W Photography and marine macro life, small things that most people normally miss because they swim too fast or too far away from the reef. I'm very interested in marine life and try to learn as much as possible about the marine life. If I can't tell you what it was we saw during our dive, most likely I’ll have the book to find out. I have published two guide books covering more than 80 dive sites in the Hurghada and El Gouna Area of the Red Sea and I'm currently working on two more books that will cover around 130 dive sites from the Safaga area down to the Deep South. I have also been writing articles now and then for different dive magazines about for example the wreck of SS Maiden in the south Red Sea and articles about U/W photography.


You can leave a response, or trackback from your own site.

4 Responses

  1. Lucy Says:

    Hey Anders – great to hear your musings again – when’s the next one?! xxx

    Posted on May 8th, 2010 at 3:36 am

  2. Jeff Scott Says:

    You may want to calculate the cost of dealing with the locals………..! $2000 per month. The stress of dealing with the locals, this will shorten your life expectancy, this will actually shorten your life thus costing around $500,000.

    I know where I would rather be.

    Live Long, DIVE hard.

    Posted on May 9th, 2010 at 6:41 am

  3. Anders Says:

    No man! That’s a typical “beginners mistake” to think. I have no problems at all with what you call “locals”. Also they were here before me huh? I’m a guest in their country. I wonder how the forigners living in the UK view their “locals”… he he he

    Rock ‘n Roll
    Anders

    Posted on May 10th, 2010 at 12:35 am

  4. Michel Braunstein Says:

    Tough life man!
    But the most important is that no man can be happier than you, because you are diving each day in one of the nicest seas in the world, in a wonderful country with great people. Most of us are jealous of you.
    Enjoy!
    Michel

    Posted on May 23rd, 2010 at 5:57 am

Leave a Reply