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

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deodorant
post Nov 11 2011, 03:48 PM

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QUOTE(DannGun @ Nov 11 2011, 03:17 PM)
hi anyone here who's working in banking/financial industry in Sg? I'm a business graduate looking for a banking job there.. Jobstreet kinda sucks tho

http://www.efinancialcareers.sg/
DannGun
post Nov 11 2011, 03:58 PM

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Thanks a lot @L7Awesome and @deodorant. From what i see in jobstreet and some other sites, many of them hire Sg and PRs only.. hmm Anyone from banking industry there?
Jurlique
post Nov 11 2011, 11:41 PM

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Damn, today i know that EY is paying you back the CPF if you are not a PR.

Meaning if your basic is $5K, EY will pay additional $900 to you as CPF loss. So, total moeny receive is $5.9K...
seantang
post Nov 12 2011, 12:01 AM

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QUOTE(Jurlique @ Nov 11 2011, 11:41 PM)
Damn, today i know that EY is paying you back the CPF if you are not a PR.

Meaning if your basic is $5K, EY will pay additional $900 to you as CPF loss. So, total moeny receive is $5.9K...
Employer contribution is less than the employee contribution. 16% for employer vs 20% for employee, IIAM.

Jurlique
post Nov 12 2011, 12:05 AM

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QUOTE(seantang @ Nov 12 2011, 12:01 AM)
Employer contribution is less than the employee contribution. 16% for employer vs 20% for employee, IIAM.
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Not necessary, there is a capping.
Employee is $900 whereas employer i forgotten how much edy.
deodorant
post Nov 12 2011, 12:06 AM

Surfing LYN instead of Working.
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QUOTE(Jurlique @ Nov 11 2011, 11:41 PM)
Damn, today i know that EY is paying you back the CPF if you are not a PR.

Meaning if your basic is $5K, EY will pay additional $900 to you as CPF loss. So, total moeny receive is $5.9K...

it's capped at $800. 16% of $5k, anything over $5k not paid.
seantang
post Nov 12 2011, 12:08 AM

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QUOTE(Jurlique @ Nov 12 2011, 12:05 AM)
Not necessary, there is a capping.
Employee is $900 whereas employer i forgotten how much edy.
What minyak wangi said.

Shinichi
post Nov 12 2011, 06:14 PM

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QUOTE(Shinichi @ Nov 9 2011, 10:54 PM)
Winds of change blowing through Singapore’s workplaces
http://sg.news.yahoo.com/blogs/singaporesc...-104959220.html

Just read this, is this happening in your work place?
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In my office, at least my dept and those I deals with, almost 80-90% are Singaporeans...


Added on November 12, 2011, 6:17 pm
QUOTE(Mackiddo @ Nov 10 2011, 06:08 PM)
it's cool. I'll bring a few guys forumers also. Ppl like hungry wolf yeahs4.1, JB King Lester1987, Prince of Geylang maloadeodorant, ivanswk, L7Awesome, Nokia convert, alaskanbunny, Aloong, etc etc.
All single  rclxms.gif  . What you say ?


Added on November 10, 2011, 6:10 pm

soon, now just waiting for morgana_jara and her girlfriends for confirmation of place, date and time  drool.gif
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I wanna join too if time is right smile.gif

This post has been edited by Shinichi: Nov 12 2011, 06:17 PM
lilko
post Nov 12 2011, 11:43 PM

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QUOTE(ch_teo @ Nov 10 2011, 09:11 PM)
totally agreed. HR feedback to me on this of a candidate was intended to sign the offer letter after offering & they do know the work location at 1st when apply through job advertisement. then the candidate rejected bcos of above reasons that you mentioned especially "Tuas". what is more our company provides engaged free shuttle bus for morning pick up from certain interchange point to office and free bus from office after work.

1 of our singaporean managers also commented himself no more singaporeans at these new generations like his old time able and will take up jobs at plant or just walk under sun for maybe 10-15 minutes. he got no choice but to take foreigners until the quota reach. 2 singaporeans were hired few months ago, the 2nd day leaving without any notice to our HR or inform their supervisor and with taking away PPE and coveralls which were supplied to them on the 1st day of work.


Added on November 10, 2011, 9:15 pm
rclxms.gif  thumbup.gif  a friend who driving from kl to singapore 1st time for sales also commented same with additional word "idiot", road hogging and switch lane with no signal.
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actually... the "far" in their terms are always very near to me.. lol.. More so when they do not need to drive to work or meet the ever increasing road rages...Hence, as long as I do not need to drive for 2 hours then yea..

But sad to hear their change of wind though.. Most of us if given a place with opportunity.. We work hard.. Since they want us not.. Then that is their lost..
totti 10
post Nov 13 2011, 11:03 AM

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QUOTE(Jurlique @ Nov 11 2011, 11:41 PM)
Damn, today i know that EY is paying you back the CPF if you are not a PR.

Meaning if your basic is $5K, EY will pay additional $900 to you as CPF loss. So, total moeny receive is $5.9K...
*
only some employers

crapp0
post Nov 13 2011, 11:07 AM

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QUOTE(lilko @ Nov 12 2011, 11:43 PM)
actually... the "far" in their terms are always very near to me.. lol.. More so when they do not need to drive to work or meet the ever increasing road rages...Hence, as long as I do not need to drive for 2 hours then yea..

But sad to hear their change of wind though.. Most of us if given a place with opportunity.. We work hard.. Since they want us not.. Then that is their lost..
*
Their a pampered, spoiled lot. If you see how protective their parents are, you'll understand why most of their children turn out as they are. One of my colleagues wife even lament that her child went to malaysia for a school nature outing and she was constantly worried about her childs safety.

With my previous employer, they too had the trouble of holding onto Singaporeans but then again, they prefer to have more foreigners due to the lower wages they get and having enough singaporeans to get the foreign quotas that they desire,.

The benefit for us is, as the new generation of singaporeans get choosy, more chances of employment are offered to us since if they want to expand a business but cant get locals, they dont really have another choice unless they want to get stuck in the mud so to speak.

This post has been edited by crapp0: Nov 13 2011, 11:11 AM
Jurlique
post Nov 13 2011, 11:20 AM

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I got a fren (SPR), last time bought a HDB with his sister for about $250K (during tat period each of them contributed 50% monthly installment).

Now bcos her sister wanna get married edy, so my fren terpaksa to shift out. The problem is how to sought this problem?

Her sister pay him back $125K? But how bout current market rate? Take how long to pay him back? Her sister oso did not have so much money for at least $125K.

Any suggestions guys? Or the most fair method is sell the HDB and distribute the funds for 50% each? but the drawback is need to incur more funds and time to get another HDB or their own.
jewellyjew
post Nov 13 2011, 11:39 AM

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I wonder how did most of you secure a job offer there..I ve sent out numerous job applications but did not receive even one single reply from them..may I know what kinda qualities r they looking for?
crapp0
post Nov 13 2011, 11:44 AM

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QUOTE(jewellyjew @ Nov 13 2011, 11:39 AM)
I wonder how did most of you secure a job offer there..I ve sent out numerous job applications but did not receive even one single reply from them..may I know what kinda qualities r they looking for?
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I e-mailed my CV directly to the HR department of the company, from then on, every subsequent company that i've moved on was a client of my previous company since working as a "Subi", i get to meet with alot of potential employers and a number of them enquired as to whether i would be interested in joining them.

This post has been edited by crapp0: Nov 13 2011, 11:45 AM
shoograd
post Nov 13 2011, 02:39 PM

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QUOTE(Jurlique @ Nov 13 2011, 11:20 AM)
I got a fren (SPR), last time bought a HDB with his sister for about $250K (during tat period each of them contributed 50% monthly installment).

Now bcos her sister wanna get married edy, so my fren terpaksa to shift out. The problem is how to sought this problem?

Her sister pay him back $125K? But how bout current market rate? Take how long to pay him back? Her sister oso did not have so much money for at least $125K.

Any suggestions guys? Or the most fair method is sell the HDB and distribute the funds for 50% each? but the drawback is need to incur more funds and time to get another HDB or their own.
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Why is he the one who had to shift out? The sister's husband doesn't have a place of his own?
r1v3r
post Nov 13 2011, 03:53 PM

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QUOTE(L7Awesome @ Nov 11 2011, 02:21 PM)
River,
  That is what I am doing now with my kids.  Nevertheless, when they reach Std 4 or 5, it will be a challenge for them to catch up on Singapore's education if you decide to let them go with Singapore's syllabus.  The gap between SG and MY education is a bit too big.  One of my friend sent their kids to Foon Yew previously and they have to look for schools in SG to admit them.  After that, the kids really struggled through std 5 and std 6. They shared with me to start them on early as the gap between the two education systems is wide.
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QUOTE(crapp0 @ Nov 13 2011, 11:07 AM)
Their a pampered, spoiled lot. If you see how protective their parents are, you'll understand why most of their children turn out as they are. One of my colleagues wife even lament that her child went to malaysia for a school nature outing and she was constantly worried about her childs safety.

With my previous employer, they too had the trouble of holding onto Singaporeans but then again, they prefer to have more foreigners due to the lower wages they get and having enough singaporeans to get the foreign quotas that they desire,.

The benefit for us is, as the new generation of singaporeans get choosy, more chances of employment are offered to us since if they want to expand a business but cant get locals, they dont really have another choice unless they want to get stuck in the mud so to speak.
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As long as I make sure my kids have good O level or A level, they can access any uni that we could afford that including SG Uni.

The Syllabus is only part of my consideration, I think the kids have more things to learn from school other than exam skills. If their system are so good, We will have a hard time to find jobs here.(see crapp0 post).

Parents have their role in child education, so as their classmate's parents. wink.gif

QUOTE(Jurlique @ Nov 13 2011, 11:20 AM)
I got a fren (SPR), last time bought a HDB with his sister for about $250K (during tat period each of them contributed 50% monthly installment).

Now bcos her sister wanna get married edy, so my fren terpaksa to shift out. The problem is how to sought this problem?

Her sister pay him back $125K? But how bout current market rate? Take how long to pay him back? Her sister oso did not have so much money for at least $125K.

Any suggestions guys? Or the most fair method is sell the HDB and distribute the funds for 50% each? but the drawback is need to incur more funds and time to get another HDB or their own.
*
If the husband is SPR or SG then she can "sell/transfer" the HDB to the couple name but your friend (now a single SPR) will have difficulty to buy another HDB under his name alone.

Since both contribute to the HDB bought at market price, they should share the profit(after minus outsatnding loan + fees) of selling the HDB at current market price too.
mercury8400
post Nov 13 2011, 05:44 PM

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QUOTE(crapp0 @ Nov 13 2011, 11:44 AM)
I e-mailed my CV directly to the HR department of the company, from then on, every subsequent company that i've moved on was a client of my previous company since working as a "Subi", i get to meet with alot of potential employers and a number of them enquired as to whether i would be interested in joining them.
*
Now its super hard to get a job in SG if yr not a Singaporean or PR. I just heard my HR got a memo from MOM to warn companies NOT to hire foreigners unless there is no SIngaporean or SIngaporean PR to fill the job after at least 6 months of job advertisement with proof of advertising via job boards/heah hunters/newspaper. Not so easy now. HR will have a tough job to justify foreigners.
wickedghost
post Nov 13 2011, 05:59 PM

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QUOTE(jewellyjew @ Nov 13 2011, 11:39 AM)
I wonder how did most of you secure a job offer there..I ve sent out numerous job applications but did not receive even one single reply from them..may I know what kinda qualities r they looking for?
*
If you are a fresh graduate, than it will be very hard to secure a job cuz you are competing with NTU and NUS grads around. Better get some experience of 2 years at least before coming to Sg. That is my best advice.

If you have exp, than you resume is not impressive enough. Re-organize and check for any grammar mistakes in your resume.
totti 10
post Nov 13 2011, 07:52 PM

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QUOTE(Jurlique @ Nov 13 2011, 11:20 AM)
I got a fren (SPR), last time bought a HDB with his sister for about $250K (during tat period each of them contributed 50% monthly installment).

Now bcos her sister wanna get married edy, so my fren terpaksa to shift out. The problem is how to sought this problem?

Her sister pay him back $125K? But how bout current market rate? Take how long to pay him back? Her sister oso did not have so much money for at least $125K.

Any suggestions guys? Or the most fair method is sell the HDB and distribute the funds for 50% each? but the drawback is need to incur more funds and time to get another HDB or their own.
*
sell the current one, split 50-50
both get their own HDB
to tell him to move out and pay him 125k over idk how many years
is totally fked up imo
SUSalaskanbunny
post Nov 13 2011, 08:18 PM

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QUOTE(Jurlique @ Nov 13 2011, 11:20 AM)
I got a fren (SPR), last time bought a HDB with his sister for about $250K (during tat period each of them contributed 50% monthly installment).

Now bcos her sister wanna get married edy, so my fren terpaksa to shift out. The problem is how to sought this problem?

Her sister pay him back $125K? But how bout current market rate? Take how long to pay him back? Her sister oso did not have so much money for at least $125K.

Any suggestions guys? Or the most fair method is sell the HDB and distribute the funds for 50% each? but the drawback is need to incur more funds and time to get another HDB or their own.
*
1) get a fair valuation and sell it to his sis at market price... if no $$$, then ask to pay 30% first and treat d rest as a loan and get interest from the sale at o.7 x cost of financing homes of banks and transfer the name after full payment

2) get a fair value for housing rental and rent it to the new couple with an agreed time for settlement...

3) stay together and listen to love making music

4) get married also, so can all live under 1 roof

btw, is the sis' new husband a spr as well?

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