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 Working in Singapore v8, Tan vs Tan vs Tan vs Tan

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crapp0
post Oct 25 2011, 01:42 PM

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QUOTE(ch_teo @ Oct 25 2011, 01:41 PM)
that is why mentioned "touchwood". nothing bad happens, it is nobody cares. if bad things happen, then  icon_question.gif  sweat.gif
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Sorry, i am not familiar with the term touch wood.
deodorant
post Oct 25 2011, 02:45 PM

Surfing LYN instead of Working.
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QUOTE(Skylerworld @ Oct 25 2011, 01:38 PM)
Anyone know what is the Financial Analyst pay in Spore for MNC company?
What is the average range for junior and senior position?

SG salary guide 2100
keelim
post Oct 25 2011, 03:19 PM

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QUOTE(deodorant @ Oct 25 2011, 01:30 PM)
Well, South Africa & Botswana (where I've been over the last month) isn't one of the yellow fever endemic countries. I'm already vaccinated from a previous trip to Kenya though, yellow fever jab is valid 5 or 10 years or something like that.

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Thanks a heap!
bellion
post Oct 25 2011, 08:39 PM

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QUOTE(White Knight @ Oct 25 2011, 09:26 AM)
Hi all, not sure whether this is the right forum or not. Just to share with you all that S'pore PM salary is the highest in the world amongst all the world leaders. Lee Hsien Loong annual salary is a whopping US$2,183,516. His salary compared to GDP is 38:51.
I saw it in the yahoo news. It's from the media, not sure how true it is or it's not true at all.
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So what?
SUSMaterazzi
post Oct 25 2011, 08:57 PM

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QUOTE(White Knight @ Oct 25 2011, 09:26 AM)
Hi all, not sure whether this is the right forum or not. Just to share with you all that S'pore PM salary is the highest in the world amongst all the world leaders. Lee Hsien Loong annual salary is a whopping US$2,183,516. His salary compared to GDP is 38:51.
I saw it in the yahoo news. It's from the media, not sure how true it is or it's not true at all.
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Even CA Australia guy cannot calculate ratio right.


Added on October 25, 2011, 9:11 pm
QUOTE(deodorant @ Oct 25 2011, 02:45 PM)
wow, IT salary pawn accounting deep deep..
I think I should change to IT then

This post has been edited by Materazzi: Oct 25 2011, 09:11 PM
ivankat
post Oct 25 2011, 10:05 PM

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http://www.askmen.com/top_10/entertainment...ure-jobs_1.html

http://www.askmen.com/top_10/entertainment...ure-jobs_2.html

Basically a synonym for “living to work,” investment banking is associated with some of the longest hours of any profession. Sure, you can earn six figures as a fresh-out-of-college 23-year-old, but you're looking at 90-100-hour work weeks, or even more during busy periods. The salaries are incredible, but at 90 hours a week and 52 weeks a year (no vacations for these guys), it works out to between $20-$30 an hour. And with no free time or social life to speak of, the money doesn't do you much good, either.


keelim
post Oct 25 2011, 10:20 PM

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HI ivan,

Per hour basis is not a valid comparison for that basis. Well not entirely at least. There is one more untold truth, changing job. You will probably get shell shock. No industry can afford you and you are back to the same industry that take away 100+ hours per week of your life.
White Knight
post Oct 25 2011, 10:24 PM

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QUOTE(Materazzi @ Oct 25 2011, 08:57 PM)
Even CA Australia guy cannot calculate ratio right.

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If you had read through my previous post, that salary figure & ratio was quoted by yahoo 7 News Aust.
Whether that salary & ratio figure was calculated correctly or not, it's not for me to say anything. If you feel that it was calculated wrongly, contact yahoo 7 News & tell them the figures are wrong.
I saw that news this morning & just want to share with you guys. To all S'porean, no offence please.


seantang
post Oct 25 2011, 10:31 PM

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At least those guys have someone who want to pay them those salaries. Most people can't convince others to pay them anywhere near those salaries even if they offer to work 24/7.

If your time is worthless or only worth something to people who only want to buy small amounts of it, you can of course talk about work life balance.
SUSMaterazzi
post Oct 26 2011, 01:13 AM

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QUOTE(seantang @ Oct 25 2011, 10:31 PM)
At least those guys have someone who want to pay them those salaries. Most people can't convince others to pay them anywhere near those salaries even if they offer to work 24/7.

If your time is worthless or only worth something to people who only want to buy small amounts of it, you can of course talk about work life balance.
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Then why don't you open the biz in your part time? My friend invested her money to import vietnam baby clothes and sell it in the department store. well she earns 50% of her salary.

true my coy even don't pay me OT, all my salaries are gross.. If I say to them, no need to hire other people, just me to handle all, do they want? maybe, but they have to bear risk if I suddenly leave the coy, who will replace me?
keelim
post Oct 26 2011, 08:46 AM

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Is the opportunity cost that make or break a decision.


Added on October 26, 2011, 8:52 amto change a job. You will only realize your value increasing with promotion or increment, not withstanding when you scout for jobs and was quoted a tag price. The market is efficient.

Doing your own business is more towards ability and willingness to take risk that you foresee could be more rewarding than your opporturnity cost. Not just for the sake that my relatives, friends, or siblings are making big money from their own business.

This post has been edited by keelim: Oct 26 2011, 08:52 AM
seantang
post Oct 26 2011, 09:19 AM

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QUOTE(Materazzi @ Oct 26 2011, 01:13 AM)
Then why don't you open the biz in your part time? My friend invested her money to import vietnam baby clothes and sell it in the department store. well she earns 50% of her salary.
If you can't convince one person (an employer) to pay you more for your talents, why would you think you can convince many members of the public to do so?

Making money, whether it's via employment or business - hinges on talent and ability. If you don't have that, it doesn't matter if you earn a salary or earn a profit. You won't be making much money.

This post has been edited by seantang: Oct 26 2011, 09:21 AM
SUSMaterazzi
post Oct 26 2011, 08:58 PM

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QUOTE(keelim @ Oct 26 2011, 08:46 AM)
Is the opportunity cost that make or break a decision.


Added on October 26, 2011, 8:52 amto change a job. You will only realize your value increasing with promotion or increment, not withstanding when you scout for jobs and was quoted a tag price. The market is efficient.

Doing your own business is more towards ability and willingness to take risk that you foresee could be more rewarding than your opporturnity cost. Not just for the sake that my relatives, friends, or siblings are making big money from their own business.
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You cannot depend on increment. I don't know why increment is small but when you jump to other companies then your pay will be double. true story of me.
seantang
post Oct 26 2011, 09:22 PM

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QUOTE(Materazzi @ Oct 26 2011, 08:58 PM)
You cannot depend on increment. I don't know why increment is small but when you jump to other companies then your pay will be double. true story of me.
I agree. That's why I depend on promotion and bonus, not increment.

deodorant
post Oct 27 2011, 01:53 AM

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QUOTE(Materazzi @ Oct 25 2011, 08:57 PM)
wow, IT salary pawn accounting deep deep..
I think I should change to IT then

if you've got the interest and aptitude for it, why not? i was in banking ops for 5 years before switching over to semi-IT (business analysis). but switching over to a field just because it pays more when you have zero interest is, imo, recipe for disaster though.
walanneh
post Oct 27 2011, 10:17 AM

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Hi everyone, regarding the non-resident tax of flat rate of 15% for those < 183 days in Singapore, is this applicable for the length of employment in Singapore regardless of the number of companies he or she works for?

Reason being I worked for ~ 5.5 months for my 1st company and my income was taxed at 15%.

However, I'll be starting work at another Singaporean company soon.

Has anyone here ever encountered this situation and whether were they able to obtain their taxes back?

tiny
post Oct 27 2011, 03:33 PM

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Call and explain your situation, they can help you reevaluate.
http://www.iras.gov.sg/irasHome/page.aspx?id=8958

Tictocs
post Oct 27 2011, 04:17 PM

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Good day guys,

Will sgd2000 enough for accomodation(company only provide for 2 weeks vmad.gif , need to find on my own right after), day to day transit & makan over in singapore? The company offered MYR7000.00 + SGD3000.00 /month. In paper, the position is Malaysia based, but will be stationed in SG for as long as project goes. If can bring back SGD1,000.00/month, i might consider the position. Thanks.
deodorant
post Oct 27 2011, 04:29 PM

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QUOTE(Tictocs @ Oct 27 2011, 04:17 PM)
Will sgd2000 enough for accomodation(company only provide for 2 weeks  vmad.gif , need to find on my own right after), day to day transit & makan over in singapore? The company offered MYR7000.00 + SGD3000.00 /month. In paper, the position is Malaysia based, but will be stationed in SG for as long as project goes. If can bring back SGD1,000.00/month, i might consider the position. Thanks.

Even if you spend all 3k a month, you will still have the rm7k in pocket untouched, no? Seems OK what.

You should be able to get by on $1.5k/month with a decently comfortable life here.
seantang
post Oct 27 2011, 05:41 PM

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QUOTE(Tictocs @ Oct 27 2011, 04:17 PM)
Will sgd2000 enough for accomodation(company only provide for 2 weeks  vmad.gif , need to find on my own right after), day to day transit & makan over in singapore? The company offered MYR7000.00 + SGD3000.00 /month. In paper, the position is Malaysia based, but will be stationed in SG for as long as project goes. If can bring back SGD1,000.00/month, i might consider the position. Thanks.
That's basically RM7K salary plus S$100 per diem each day for a long term assignment in Singapore. OK what.

This post has been edited by seantang: Oct 27 2011, 05:41 PM

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