Working in Singapore v8, Tan vs Tan vs Tan vs Tan
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 Oct 13 2011, 02:55 PM
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#101
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh  
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QUOTE(ctk @ Oct 13 2011, 02:01 PM) The only benefits are getting overseas experience and good promotion path You're doing back room... correct me if I'm wrong, but in this field, overseas experience is not relevant, is it? It's more about the system and process experience, no? As for good promotion path.... for back room? |
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Oct 14 2011, 12:32 AM
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#102
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(hokin @ Oct 14 2011, 12:20 AM) b) As I will be travelling back and forth to KL / S'pore on a regular basis, is there a 'fast pass' to go through immigration on the S'pore side as well as the M'sia side? You can just use your passport at the auto-clearance gates on both sides.If there is, it this 'fast pass' good for both immigrations? What is this 'fast pass' called? and How does one apply for such a 'fast pass'? Or are you talking about the APEC biz travel card? It was a crazy hassle to apply though. I wouldn't advise it unless you have a secretary and mat despatch at your disposal. |
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Oct 14 2011, 11:13 AM
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#103
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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SINGAPORE, Oct 14 (Reuters) - Singapore on Friday loosened monetary policy by slowing the pace at which it will let its currency appreciate, the central bank said, sending the currency sharply higher.
"MAS will continue with the policy of a modest and gradual appreciation of the Singapore dollar NEER policy band in the period ahead," the Monetary Authority of Singapore (MAS) said in its half-yearly policy statement. "However, given the expected moderation in core inflation, the slope of the policy band will be reduced, with no change to the width of the band and the level at which it is centred," MAS added. Singapore manages monetary policy by letting the local dollar rise or fall against a secret basket of currencies of its main trading partners to boost growth or control imported inflation. Growth trends in the highly open economy and its monetary settings are a bellwether not just for demand from developed markets but may also give hints on policy in China, whose managed float of the yuan is believed to be modelled on the Singapore dollar. Singapore's decision to loosen policy follows numerous economists' downgrades of global growth forecasts for this year and 2012, and Indonesia's surprise decision earlier this week to cut interest rates by a quarter of a percentage point. All 13 economists polled by Reuters before the policy statement had predicted Singapore would loosen policy in some way as global demand cools, although only one expected MAS to switch to a neutral currency bias. The Singapore dollar <SGD=> strengthened against the greenback after the policy decision and was last traded around 1.2715 to the dollar, up from 1.285 before the policy announcement. Singapore slightly tightened policy in April by sanctioning an immediate rise in the value of its dollar, saying headline inflation will likely stay elevated. The Singapore dollar is the world's 12th most actively traded currency. |
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Oct 15 2011, 09:50 PM
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#104
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(deodorant @ Oct 15 2011, 05:15 PM) So who among you is underpaid/overpaid? Hmmm... I'm either overpaid or undertitled  QUOTE(deodorant) Don't exactly understand how you could be SVP/Director ranking and still only be a Biz Analyst Based on the context, I think the survey refers to "Business Analyst" as a field, rather than a role/rank/title. Perhaps they should have used "Business Analysis" instead. |
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Oct 16 2011, 06:55 PM
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#105
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(wlcling @ Oct 16 2011, 05:41 PM) Waffak... I feel so underpaid.. Not even in the correct range... You are overtitled   |
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Oct 16 2011, 07:41 PM
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#106
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(Dark NT @ Oct 16 2011, 07:35 PM) I am trying to apply dependant pass for my wife. One of the document required is the marriage cert. I submitted but it got rejected because it is in Malay. I called the High Commission in SG but they said they don't do translation service. Did you ask the supervisor why the dept is unable to transact in one of their national languages?Anyone knows how to get the cert translated and endorsed? |
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Oct 16 2011, 09:38 PM
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#107
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(yeahs4.1 @ Oct 16 2011, 09:13 PM) Let's say if my pay is 50% of the midpoint, does that mean I'm seriously underpaid? If it's Pay for Performance, you technically can never be underpaid. You are performing at around 50% of the someone at the midpoint, where the midpoint represents someone who is performing at 100% of the performance expectation for that job/salary level or rank.Either you are underperforming, or for some reason, you have been put at a salary level which is higher than where you should be (ie. 50% of your current level might be equivalent to 75% of the level below you). The latter usually happens when you're being promoted quickly, and do not spend enough time in each salary level in order for your salary to reach the midpoint or significantly above it by way of annual increments. So despite the promotion salary increase, each time you get promoted, you go lower and lower in % vs midpoint. QUOTE(yeahs4.1) How do I know where am I standing in the range, given that I do not know the highest/lowest figures? Do a bit of maths lah. If you're 50% vs midpoint, then midpoint is 100% of your salary. If the range for your salary level is 50%-150%, then the bottom end is your salary and the top end is 3X your salary.However, the use of this system need not be a straightline 1:1 ie. 100% is 2X of 50%. Sometimes, it's on a curve... say your salary is 5000 and you're at 100% of the range being 4000-6000 and this is represented by 50%-150%. Therefore 50% = -1000 and 150% is +1000 and they have nothing to do with the $5000 salary. This post has been edited by seantang: Oct 16 2011, 09:50 PM |
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Oct 17 2011, 09:26 AM
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#108
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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We just hired a comms DIRECTOR from a very well known fashion/cosmetic/brandowner (the kind your wife will forgive you for having a mistress) and gave that person a specialist job title and a cubicle instead of an office. Now that person reports to someone who in terms of job level, is a first level manager. And yet we still managed to offer an increment significant enough to entice that person to jump ship.
That just goes to show how meaningless job titles are. This post has been edited by seantang: Oct 17 2011, 10:51 AM |
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Oct 17 2011, 09:32 PM
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#109
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(Materazzi @ Oct 17 2011, 08:31 PM) fruit pickers in australia earn $100k/yr. This how job title is not important I was there for 4 years, working full time for 13 months. With some conviction... no, they don't.Added on October 17, 2011, 9:33 pm QUOTE(almeizer @ Oct 17 2011, 09:13 PM) My appointment letter mentioned that "Increment in salary will depend on your job performance, productivity and conduct and will be sole discretion of the company". I wonder if my company does not give any increment and I think that I should get it based on my performance and probably underpaid. No, it's impossible. It's against Singapore employment law for employees to negotiate for increments. It is also against 3 out of 4 religions to ask for more than what god has given you.Is it possible that I go and nego for increment? This post has been edited by seantang: Oct 17 2011, 09:34 PM |
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Oct 18 2011, 11:22 AM
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#110
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(Materazzi @ Oct 18 2011, 07:09 AM) if work in OZ you can live at big house and enjoy work life balance. Don't know why seantang and mercury left oz for good. What's the preoccupation with big houses? If you want a big house, go buy a ranch in Texas.I want an expensive house that appreciates in value above the market, in a location that adds to its value and that's convenient to me and just big enough to be comfortable & small enough to be easy to maintain. Work life balance? Ya sure. I went to work at 9am and left at 5pm on the dot when I was working there. Earlier on Fridays to do the pub crawl. But that's why in my company, the people in Sydney report to the people in Singapore or Shanghai. I make sure they meet deadlines just like everyone else in Asia. If they can do their fair share of work and still keep their 9-5 hours, that's fine with me. The Australians who want to be ahead of their peers though are all here in Singapore or in Shanghai. |
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Oct 18 2011, 09:10 PM
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#111
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(Materazzi @ Oct 18 2011, 08:39 PM) you said OZ property market is not hot ah? Not as hot as SG, SH or HK, I don't think. Especially the further you go out the metropolitan area/inner suburbs.QUOTE(Materazzi) Why do you want someone to report to you? It means your responsible is higher and you don't know your salary is higher or not. If someone reports to me, of course I know his salary.QUOTE(Materazzi) If you work in OZ company then someone in other areas will report to you man. Nope. Unless it's a local Aussie company, the regional HQ will never be in Australia.QUOTE(Materazzi) Why do you believe People in Singapore and Shanghai are ahead than Australia whereas People in OZ have higher salary. As you said before, I only look for the higher salary after tax than job's title. Who told you that?Garbage man vs Garbo, yes I agree. Construction worker vs construction worker, I agree. Fresh graduate vs fresh graduate, I agree. But the more senior you go, the smaller the differential. At around AUD$100,000 p.a. or so... the tipping point is reached and you actually keep more after tax in SG or HK. And you don't get the job sizes in Melbourne or Sydney as you do in SG, SH or HK. In my company for example, the most senior finance person in Australia is the country controller. In Singapore, there's tens of people above him in terms of job level... - meaning the opportunity/probability to reach that job level is so much lower in Australia vs Singapore. Ask around... how many US$200,000 finance jobs are there is SG vs in Australia. And how many of those will hire a non-White, non-citizen into that role. This post has been edited by seantang: Oct 18 2011, 11:27 PM |
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Oct 19 2011, 02:46 PM
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#112
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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Saw this ad in JobsDB. Looking for Singaporeans, PRs AND Malaysians as well. I interpret that as them being willing to consider applicants who are still residing in Malaysia. Good money too.
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Oct 19 2011, 03:26 PM
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#113
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(ctk @ Oct 19 2011, 03:16 PM) "Salary up to $12,000 per month" Have you ever seen a job ad that commits exactly what the salary is, no more no less?At least this ad puts in an indicative salary so that applicants know generally how senior they should be before applying. QUOTE(ctk) Just wonder why a photo is needed when you apply for this role? I think those few sentences under "How to Apply" are cut and paste for every ad they have. |
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Oct 19 2011, 04:15 PM
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#114
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(ctk @ Oct 19 2011, 03:45 PM) • $7,500 per month + additional benefits Fair enough. But they'll still pay you less than that if they want.Added on October 19, 2011, 4:24 pm QUOTE(ky_khor @ Oct 19 2011, 04:08 PM) Financial Controller!! It's VP level on course towards CFO. Notwithstanding the job title, it's for people who are currently earning... I'd say $8-10K and are ready for a promotion to $10-12K.This post has been edited by seantang: Oct 19 2011, 04:24 PM |
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Oct 19 2011, 04:40 PM
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#115
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(ctk @ Oct 19 2011, 04:32 PM) I notice most big MNCs do not even put salary figures on their ads Most ads don't put salary figures. Which imho simply makes life difficult for everyone because you have overtitled people who are applying for undertitled positions they not qualified for. And you have undertitled people who are being overlooked for overtitled positions they are more than qualified for.So, putting an indicative salary is the best way to go. It's an impartial indicator of the seniority, responsibility and skill levels required from the candidates. This post has been edited by seantang: Oct 19 2011, 04:41 PM |
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Oct 19 2011, 10:42 PM
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#116
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(Materazzi @ Oct 19 2011, 10:15 PM) So your theory of reporting is clueless, you cannot see the salary of the people who report to you. Clueless...? Do you even know what's involved in being a supervisor? |
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Oct 20 2011, 10:55 AM
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#117
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(tcjl28 @ Oct 20 2011, 09:11 AM) We are happy to live in a HDB flat which has comparable price to Australia property. I saw quite a bit of that in the white, low income suburbs. I had beer bottles thrown at me out of a moving car a couple of times, but because we were usually in groups, it didn't get worse than that. I used to live in Coburg in Melbourne. Lots of Greeks and Lebanese in the neighbourhood. Generally a friendly lot, I thought. Greeks girls were quite receptive to Chinese guys too You can get big house for cheap in Australia/Melbourne. Says 450k. However, it either means it will take u 2 hours drive to work or you live in a suburb where you get bashed easily coz you are chinese Anyway, your UniMelb degree and Aussie work experience will work in your favour in Singapore. If your area of expertise is not an obscure one, I reckon you will have little issue getting interviews. Your issue will come from 'what salary to ask for'. Price yourself too low and you feel pissed for the next year or two when you find out what your peers earn. Price yourself too high, and no employer will want to take a risk on paying too much for an immigrant with untested performance. My suggestion is to talk to your wife's classmates and relatives in the IT industry (if there are any). Get a feel of the market price for your skillset and experience. You can continue with forums like these, but typicaly you get a lot of white noise and very little concrete data. You can also try Linkedin and connect with Singaporean recruiters. They are a great source of market info. This post has been edited by seantang: Oct 20 2011, 10:58 AM |
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Oct 21 2011, 12:41 AM
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#118
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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Anyone remember this? I'm surprised the govt didn't sack the whole team. These guys are actually the senior managers at Singapore's MDA (Media Development Authority).
Highlights: 2:35 and 3:04 The Communications Director - she's just hot lah 3:38 The CIO - underwear on the outside And throughout, the Ah Sum (aunty) doing the rapper hands. This post has been edited by seantang: Oct 21 2011, 12:46 AM |
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Oct 22 2011, 11:39 PM
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#119
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(Materazzi @ Oct 22 2011, 11:13 PM) I have counted: I think you better "count" again. Are you sure you're an accountant? You don't count so good.OZ tax is not that high, if you earn 65k/yr, you will be better if you are working in OZ since they have higher AUD. And you see even US has higher income tax if you earn 65k/yr. Singapore, you will only be taxable for 3k only but the currency power is not high. S$62k vs AUD 52k vs US51k vs CAD 51k vs CHF 58k which one will be better off? S$62K gross will be taxed S$2,090 (3.4%). That leaves an after tax disposable amount of S$59,910. IRAS A$52K gross will be taxed A$9,150 (17.6%). That leaves an after tax disposable amount of A$42,850. This is excluding medicare levy and flood levy. ATO At a managerial/directorial salary (150-250K) that professionals typically draw, they would be paying close to half their gross income to the taxman if they were in Australia. In Singapore, the maximum tax rate is only 20%. It's even lower in HK. The other thing is that A$52K not equivalent to S$62K in terms of cost of living. Most non-produce (ie. not meat, not vegetables and not beer) in major Australian cities are more like A$1-A$1.2 to S$1 in terms of purchasing power. Most imported products are more expensive in Australia vs Singapore due to the logistics costs of the distances involved and size of the country. Australia's GST is 10% vs 7% in Singapore. This post has been edited by seantang: Oct 22 2011, 11:57 PM |
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Oct 23 2011, 12:20 AM
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#120
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh
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QUOTE(Materazzi @ Oct 23 2011, 12:09 AM) Yeah I am a lousy accountant, cannot calculate simple things so my boss gave me a title with controller than accountant..geezzz... Ooops, you're right. My bad. Should have read better. Sorry about that.you better see my post again, I compare all with 65k and left with S$62 vs AUD 52K. QUOTE(Materazzi) Please la, don't compare cheap thing such as FOOD or miscellaneous thing. The only things cheap in Australia are the cheap stuff ie. food... local food.You should think about education, car and House. Education is more expensive... because you're a foreigner. Car is the only thing that's cheaper, but insurance, maintenance, repairs, parking, towing, roadside assistance etc... is crazy expensive. In fact, anything with labour is very expensive. Housing is expensive too... weren't you saying that Australia's market is hot? QUOTE(Materazzi) And you see your salary of 20% will go to CPF, if you don't use it, it will deteriorate with inflation. You pay superannuation is Australia as well. Singapore's 20% is capped at $1000 per month. At higher salaries, this is quite low. And you can pull all of it back by buying property.This post has been edited by seantang: Oct 23 2011, 12:22 AM |
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