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 Working Life in Singapore V5

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seantang
post Mar 22 2011, 09:06 PM

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QUOTE(shoograd @ Mar 22 2011, 08:16 PM)
I think it is unfair to compare my starting salary as a foreign and green engineer of a private limited company to the salary offered by the Singaporean government to its civil servant (which I am sure could only be held by its citizens).

Police jobs are open to Singaporeans and PRs. Other non-sensitive govt depts will employ foreigners. So, no... it is fair to compare as civil servant starting salaries are a good indication of the median in the market.

QUOTE(shoograd)
To give you a sense of perspective, my girlfriend who is an ACCA graduate at 22 (which is no mean feat btw) was offered a starting salary of $2300 by a small audit firm.

The fresh auditors who audit my company usually start at $2800 - 3300+.

Is your girlfriend a graduate (I mean a proper graduate from university)? Additionally, is she fully professionally qualified (ie. has 3 years experience and received ACCA status rather than just finished the exams)?

QUOTE(shoograd)
Perhaps it is true that Singaporean chinaman companies recruit foreign fresh grads as cheap labour, but it still does beat the offers fresh grads get in Malaysia.

If you agree to be employed by a Chinaman company, you really shouldn't complain about low salaries, not caring about your degree(s) or working long hours. You should already know that it's a given.

QUOTE(shoograd)
I do agree that as a fresh grad, I need to give them a better reason to pay me more. That is why I am taking this position despite lower pay so that I could build up a career from scratch instead of twiddling my thumbs hoping for a better offer to come.

Right now I see this opportunity as a foot in the door to a career in Singapore and would definitely look for greener pastures once I have more hands on experience.

Good attitude. From the little that you've written here, you actually write and express yourself quite well. Why are you not applying to all the many, many MNCs, blue chip SGX listed companies in Singapore rather than some unknown Chinaman company?
seantang
post Mar 22 2011, 09:38 PM

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QUOTE(alaskanbunny @ Mar 22 2011, 09:25 PM)
errrr, sg police pays fresh grads better because they can carry forward their seniority from NS?
errrr, if you read the link, $2650 is without NS. Those with NS start at $3082.

seantang
post Mar 22 2011, 10:20 PM

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Don't be too concerned about the job title. What matters is money, money, money. If they pay you well, why should you be bothered what they call you?

>>>>>

On an earlier matter I asked here, we finally hosted our vvips for the city tour last Sunday. Lunch at MBS Skypark, then ArtScience Museum, then drinks at Fullerton Bay Hotel and lastly a drive through Chinatown, Arab St, Little India, CBD and Orchard Road. Dinner was at Clarke Quay. Thanks for all the suggestions though.

This post has been edited by seantang: Mar 22 2011, 10:28 PM
seantang
post Mar 24 2011, 02:22 PM

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QUOTE(ahsia80 @ Mar 24 2011, 01:18 PM)
I'm one of them  rclxm9.gif
Can't wait!

There's another option for Muarians tho..those taxi driver (Ba Huang Che) RM65 one way per pax. No need to book entire car as the drivers will take care of the other passengers thumbup.gif
*
How many passengers? 3 or 4?
seantang
post Mar 26 2011, 12:46 AM

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It only takes S$60 per month to survive in Singapore. With $2500, no problem lah.
seantang
post Mar 26 2011, 10:35 AM

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QUOTE(yeahs4.1 @ Mar 26 2011, 01:08 AM)
excuse me?

It only costs $2 for a big packet of curry rice. That should allow you to survive for a day or two. $60 will buy a packet a day, more than enough to survive. And Singapore's weather is great, mild enough to survive sleeping in HDB void decks at night. With food and a place to sleep, that's all you need to survive.

seantang
post Mar 26 2011, 03:29 PM

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QUOTE(mercury8400 @ Mar 26 2011, 10:40 AM)
Wow. that's a pretty spartan lifestyle! U sure you guys wanna do that? unless of course yr really desperate

A lot of folks ask " is $xxxx enough to survive?" without bothering to explain what 'survival' means to them. To me, to survive means not to die. With $60 a month, you will not die.
seantang
post Mar 27 2011, 03:37 PM

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QUOTE(crapp0 @ Mar 26 2011, 07:44 PM)
Even the bangla, indian, burmese and china labourers cant survive on 60 dollars a month on food expenses alone. And that after the fact that they cook for themselves which is generally cheaper then buying out.

Those guys eat more than 1 meal a day. A packet of curry water rice a day is more than enough to survive. As long as you don't die, you survived.

seantang
post Mar 27 2011, 09:57 PM

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QUOTE(Knight_2008 @ Mar 27 2011, 09:44 PM)
a lil extreme don't u think?
*
We are talking survival.
seantang
post Mar 28 2011, 12:34 PM

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QUOTE(jasperng @ Mar 28 2011, 11:31 AM)
Btw, Im fresh graduate with master but only has internship as working experience.

Do you think I am underpaid given that I have to be bonded with the company for 2 years ?

What are your other options available to you? If you have better options, then you are underpaid and should choose the better option. If your other options are worse or you have no other options - then there's no question about being underpaid.
seantang
post Mar 29 2011, 11:29 AM

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QUOTE(user401 @ Mar 29 2011, 10:37 AM)
Hi folks, here's my story:
There is this hot girl, she is new in my company. So chatted with her for a while and she told me she was from X company, holding a decent title and drawing xxx amount of salary. I coudnt believe it. She is currently on EP. So my question is there any way to check the integrity of her information, maybe login into MOM and check, possible? I have friend at HR:)

Why do you want to check?

seantang
post Mar 29 2011, 07:33 PM

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QUOTE(user401 @ Mar 29 2011, 07:23 PM)
Previos employment data such as salary, position, bonus etc, can this retrieve from the MOM employer website? My 2cents, I was never good in this kind of due diligence:)

I asked 'why', not 'what'.

seantang
post Mar 29 2011, 07:52 PM

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QUOTE(user401 @ Mar 29 2011, 07:35 PM)
No la, she is an Indian lady, a little hot but b****y type. So wanna know a liitle more about her background and know who I'm dealing with:)

Sry bro, As above smile.gif

Damn... I second Crappo. You are creepy.
seantang
post Mar 30 2011, 10:21 AM

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Guys, I've got a USD cheque from a US bank (BNY) which I need to bank in or encash. Have any of you done a survey of the best ways or best banks to bank that cheque in? Thanks.
seantang
post Mar 30 2011, 05:12 PM

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QUOTE(L7Awesome @ Mar 30 2011, 04:56 PM)
I got taxed 15% the first year working here (less than 1/2 years). :-(.  But I did gain back some tax deduction in Malaysia though since my pay is based on 1/2 year in Malaysia.

I think you can appeal when you file your tax return for the 2nd year and they will adjust your 2nd year tax payable accordingly to account for a lower tax payable for your 1st year based the fact that your tax residency actually started in your 1st year. Give IRAS a call or go through their website.

seantang
post Mar 30 2011, 05:27 PM

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QUOTE(giorgene @ Mar 30 2011, 12:31 PM)
If I'm not wrong, Malaysia CIMB gives the cheapest clearance charges

Yeah, seems like a flat S$10 if banked into a S$ account with them. Other banks charge the 0.125% commission and other fees no matter what. Thanks giorgene. Lucky the Knightsbridge branch is very near my office. I'll drop by tomorrow to enquire.

Foreign Currency Cheques Collection Cleared Locally

1 USD cheques drawn on local clearing participating banks
Free

2 Other currency cheques and USD cheques drawn on non-participating banks
$10 per cheque if credited to Payee's SGD Account.
1/8% commission (min $10, max $200) per cheque if credited to Payee's Foreign Currency Account (including Brunei Dollar) + agent fee (if applicable)

3 Ringgit Cheques Drawn In Bank of Malaysia
$10 per cheque
seantang
post Mar 30 2011, 10:24 PM

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QUOTE(yeahs4.1 @ Mar 30 2011, 10:14 PM)
15%? Are you earning 160K per year?

15% is the non-resident withholding tax rate. It's a flat rate.

seantang
post Apr 1 2011, 08:31 AM

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QUOTE(nicky87 @ Apr 1 2011, 07:58 AM)
I am in a slight dilemma because I don't know if I should work in Singapore with a salary of $3000 in total on an S-Pass (because base is $2600... below the new threshold) or to work in Malaysia with a salary of about rm3700~ one is an auditing job and another is a management trainee job... I am fresh graduate and will get my masters soon... the latter job will require me to specialise into the telecommunications industry right away... but I found the interview very fun and exciting. However sometime in the future I actually want to end up in an investment bank...

I won't comment on which option is better if you want to end up in an investment bank. You'll have to do your own research there.

On the question of whether you should be in SG or MY,... there are a helluva lot more investment banks in SG with much more banker jobs available.

seantang
post Apr 1 2011, 10:46 AM

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QUOTE(jr` @ Apr 1 2011, 09:04 AM)
A foreigner may apply for an in-principle approval for Singapore Permanent
Residence under the Landed PR if he/she is below 45 year-old and holds a
tertiary qualification i.e a Bachelor degree or/and above and not working
in Singapore.

One who meets the above requirements may submit an application through us
for Immigration & Checkpoints Authority (ICA)'s consideration. Kindly note
that the outcome of each application for Landed PR is carefully assessed
and considered on its own merits by ICA. Hence, we are unable to assess
one's chance of obtaining the approval. We collect a non- refundable
processing fee S$1500.00

From smcmc.
*
From the same website:

If you have acceptable professional or tertiary qualifications and are interested in relocating to Singapore but are not yet working in Singapore, you can apply for LPR under this scheme. Successful applicants have ONE (1) year to find a job or relocate their families to Singapore, upon which permanent residence will be granted.


99.99% of the PRs in this thread were already working in Singapore before they applied for their PRs.
seantang
post Apr 2 2011, 09:53 AM

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QUOTE(keelim @ Apr 2 2011, 08:11 AM)
As long as your master is not distant learning/obtained through part time you should have an edge.

That really depends.

If it's a very technical field, where the masters' coursework or research is directly relevant to the job, then yes... a full time course is better regarded than part time or distance learning. Same for investment banks who want to hire MBA associates. They usually won't go for part timers or distance learners.

For MNCs however, they are really not that concerned about how you obtained that masters. In fact, delaying your entry into the working world or leaving your current job for a couple years to do a full time course - might indicate escapism from work pressure/environment or give the impression that you took a full time course because you were not very successful in your job before that.

And let's say... if a hiring manager compares 2 people who have completed their bachelors' degree for 10 years, where:

(a) has 10 years full time work experience, got promoted 5 times (every 2 years) during that period to Level 5 (managing a $1B business) and has a distance learning MBA that took 4 years,

/vs.

(b) has 8 years full time work experience, got promoted 4 times (every 2 years) during that period to Level 4 (managing a $0.5B business) and has a full time MBA that took 2 years,

If you are the hiring manager who needs to hire someone for a Level 6 job to manage a new $2B business, who would you pick?

I'd immediately pick the guy who has experience managing the larger business, and can handle loads of pressure in a complex situation ie.multi-task (work & study at the same time) and deliver ie. be successful at both.

This post has been edited by seantang: Apr 2 2011, 09:59 AM

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