Difficult to provide an answer without any specifics on employer (for example, if a hotel, what is its star rating), type of job, amount offered, location of the work, etc.
Keep in mind that compensation out of the major cities is likely to be significantly less than in Bangkok, for example.

You understandably may not want to provide too many details on a public forum.
Have you done any web searches for similar positions offered in Thailand? Have you tried contacting any job recruiting companies in Thailand or looking around their web sites to see if similar jobs are being offered and what the compensation is and what it covers?
If you are willing to provide more details by private message, it migh6t be possible to get some idea of what other expats in similar positions are getting. Otherwise, I suggest you post the problem again in the jobs/employment forum at www.thaivisa.com.

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it's an agency which has offered me a position. thanks for your advice. Will do more research. It's definitely an exciting opportunity for my career development but weighing that against the salary package, i am slightly disappointed. Too many commitments which forbids me to take a job which offers 1/3 of what I am getting now.

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You always have the options of making a counter offer. If your resume had enough to interest them, they might be willing to pay more. Of course Thailand can be a lot cheaper to live in than where you are now, but making a counter offer is probably better than a refusal. If you really want to work here, don't shut the door too fast, and what you learn in the process might help when dealing with other offers. Have you thought of adding perqs to make up for a lower base pay? Some of them can offset taxxable income and reduce the gap between what you are making now and what they are offering. You might also want to ask about the employer. You might get the name, but at least you might be able to find the level, like 4-5 stars. The location is important, because if you are out of Bangkok, your lower expenses might leave you something very close to the same amount of spending power.

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