CBI's guide to Europe
Page 5
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published a guide to It gives advice on the likely cost of sending an executive to a city, with the probable price ranges of business and personal overheads in fifteen European countries.
A British firm thinking of setting up an operation in Switzerland would have to reckon on paying a sales manager a salary of £24,000 a year. But a sales manager in Portugal would expect a salary of less than £8,000 according to the survey.
Differences in real income may be less dramatic when prices, the cost of living and taxes abroad are taken into consideration.
In comparison, a sales manager working in Britain would be on £12,000 a year; in Ireland and Greece roughly the same; and in Spain and Denmark £10,000. All other countries in the survey paid more than Britain.
A three-course business dinner for four could cost as little as £62 in Lisbon, and as much as £132 in Stockholm. A similar night out in London would be around £95, the report states.
The guide considers such business overheads as office accommodation and services, gas and electricity.
West European Living Costs 1982 is available from CBI Publication Sales, Centre Point, 103 New Oxford Street, London WC1A 1DU, at £12.