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 Working in Singapore V11, Serious Talk, No Chatting

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Shinichi
post Sep 6 2012, 10:54 AM

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QUOTE(yhoong12 @ Sep 6 2012, 08:31 AM)

Added on September 6, 2012, 8:34 am
But you must know how your future employer look at you, and maybe they need manpower asap, so they given you time to settle your current thing, you cannot expect the company to wait you forever, job wait for no one. Must plan for your future career development. thumbup.gif
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QUOTE(ivanswk @ Sep 6 2012, 09:39 AM)
a simple phone call will clear your doubt rolleyes.gif
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Ya understand, but seems like my current employer is delaying the process of releasing me. And yes my future employer wants me to join on 1st Oct.
I've called my future employer and the most they can wait me is 2 more weeks. Seems like I'm stuck in between now. Will need to talk to my current employer to release me according to my formal resignation date.
joeysew
post Sep 6 2012, 11:14 AM

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Hey lads, can anyone shed some light about the state of job markets in singapore? i'm looking to expand my options for jobs within the financial or mgmt consulting sector? And one more thing i'm curious about! Is it true Singaporean employers tend to value their elite grad highly as compared to ranked foreign university? or is it just a myth
ryanlum
post Sep 6 2012, 11:42 AM

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there are alot of opportunities there joeysew.. you prefer financial or management consulting?
yhoong12
post Sep 6 2012, 11:56 AM

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QUOTE(joeysew @ Sep 6 2012, 11:14 AM)
Hey lads, can anyone shed some light about the state of job markets in singapore? i'm looking to expand my options for jobs within the financial or mgmt consulting sector? And one more thing i'm curious about! Is it true Singaporean employers tend to value their elite grad highly as compared to ranked foreign university? or is it just a myth
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According to the few previous post, the market i guess is slow, but there is still jobs for grab. if you are not fresh grad, then they only look at your experience instead of university
rickysim84
post Sep 6 2012, 01:41 PM

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Anyone here that working in keppel energy? May i know how was the working environment there and career advancement and safety wise?

joeysew
post Sep 6 2012, 02:05 PM

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QUOTE(ryanlum @ Sep 6 2012, 11:42 AM)
there are alot of opportunities there joeysew.. you prefer financial or management consulting?
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I'm keen on areas like research with exposure to valuation, financial modelling etc. So either with exposures to those areas would be great. I'm a fresh grad from Melbourne Uni actually, so you reckon opportunities for entry level are in abundance too?
seantang
post Sep 6 2012, 06:18 PM

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QUOTE(yhoong12 @ Sep 6 2012, 11:56 AM)
if you are not fresh grad, then they only look at your experience instead of university
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But what quality of experience would you have gained if you did not start out from a quality university?

wlcling
post Sep 6 2012, 06:35 PM

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tell new employer to wait 2 weeks la... 2 weeks only won't die one... not ceo position right...

am sure they will wait.. tell them u need the money... otherwise if want you then they pay the layoff terms wink.gif
plplpl
post Sep 6 2012, 07:16 PM

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QUOTE(chess_gal @ Sep 5 2012, 03:10 PM)
Well.. reading the comment itself is already able to justify why companies prefer hiring non-singaporean. Singaporean are full of grudges (not all of them of course) and more demanding. Constant complain of high cost of living and low salary (or so they say), and accusing companies of short changing them etc.

They cannot blame companies for hiring foreigners as they are less demanding and willing to take up more responsibilities. Just at lunch my CFO mentioned he preferred hiring Msians as we are less calculative and able to deliver.

So, if you are sitting at the management table, would you hire a highly qualified person who are extremely calculative with workhours and job scope or a less calculative ones but degree from a second tier university?

When I conduct interview, I notice Singaporean fresh graduate are very ambitious and arrogant, they do not want to do mundane job or data entries, whereas PRs are willing to do everything, so guess who I hire?
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I dont like employers who take advantage of their workers. Like exploiting Malaysian to work harder than locals and complain less. This is unfair.
mercury8400
post Sep 6 2012, 07:40 PM

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QUOTE(plplpl @ Sep 6 2012, 07:16 PM)
I dont like employers who take advantage of their workers. Like exploiting Malaysian to work harder than locals and complain less. This is unfair.
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Nobody likes it but unfortunately that is the reality.
The main reason why they hire foreigners is becuase we are cheaper, more hardworking and do not complain much.
In a way, us foreigners also spoilt our own market by not speaking up against this kinda unhealthy behaviour so much so that employers think that exploiting foreigners is the norm rather than the exception.
seantang
post Sep 6 2012, 07:43 PM

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QUOTE(plplpl @ Sep 6 2012, 07:16 PM)
I dont like employers who take advantage of their workers. Like exploiting Malaysian to work harder than locals and complain less. This is unfair.
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Wah, super reverse logic. You want to work hard because you want money. They don't want to work hard because they already got money. So, are you being unfair to them?

mercury8400
post Sep 6 2012, 07:50 PM

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QUOTE(joeysew @ Sep 6 2012, 02:05 PM)
I'm keen on areas like research with exposure to valuation, financial modelling etc. So either with exposures to those areas would be great. I'm a fresh grad from Melbourne Uni actually, so you reckon opportunities for entry level are in abundance too?
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It's not in abundance due to the economic uncertainty and many foreign firms on a hiring freeze but there are pockets of opportunities here and there. But be warned, the competition for fresh grad places are INTENSE caps intended. Remember, yr a foreigner along thousands of those very well qualified ivy leagues guys who are forced to come to SG from Europe/US/Asia coz of the high jobless rate in their home country.

The finance industry especially is in deep shit at the moment and its not looking too good in the near future either. Many people have already been laid off and from what i heard many more will come especially in the next year. So be prepared to network yourself to a job and work like you've never worked in your life. If possible, bring a sleeping bag to work so you can save on rent tongue.gif . When you earned your stripes then you can start demanding.

But no harm trying. Since yr from an ok university (i don't think they consider Melbourne Uni along the same status as Ox-Bridge or ivy league but its decent none the less). BTW why aren't u working in Aus in the first place?

plplpl
post Sep 6 2012, 08:58 PM

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QUOTE(mercury8400 @ Sep 6 2012, 07:40 PM)
Nobody likes it but unfortunately that is the reality.
The main reason why they hire foreigners is becuase we are cheaper, more hardworking and do not complain much.
In a way, us foreigners also spoilt our own market by not speaking up against this kinda unhealthy behaviour so much so that employers think that exploiting foreigners is the norm rather than the exception.
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Yes, we should change our mindset. Of cos I know it's not possible due to we need the job and money. Anyway just work for the money and dont care so much.


Added on September 6, 2012, 8:59 pm
QUOTE(seantang @ Sep 6 2012, 07:43 PM)
Wah, super reverse logic. You want to work hard because you want money. They don't want to work hard because they already got money. So, are you being unfair to them?
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I meant we should not have to work extra hard just to get same pay as locals. I hate exploitation.

This post has been edited by plplpl: Sep 6 2012, 08:59 PM
catacomb
post Sep 6 2012, 10:16 PM

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QUOTE(Shinichi @ Sep 6 2012, 12:02 AM)
Hi all, I'm EP holder and need advice here...

I tendered my resignation last week and last day should be end of Sept. I've confirmed with future employer that be starting my new job on 1st Oct.

However manager approached me today and advised me to take layoff package instead but end date will be another month later (end of Oct). I was asked to negotiate with future employer if I can join 1 month later.
If go by layoff package, I will be compensated in terms of $$, but I heard those that took layoff package will not be allowed to re-join current company in future.

And after talking to management, they seems favoring me to take layoff package than standard resignation.

I'm still figuring out whats the logic... have yet to receive terms and conditions regarding the layoff package too...
Perhaps someone here can shed some lights for me...

Thanks in advance.
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My advice to you is never take a layoff package unless you are getting more than 6 months payback. If it's only one or 2 months, just let it go and move to your new company.

Moreover being layoff is not favourable for your portfolio if you really apply for big companies that do background check. You might save another employee because your boss don't need to layoff someone but choice is yours to consider.

I have worked and stayed in Singapore for nearly 20 years and I just came back to KL and work this month. Can PM me if you need questions answered. smile.gif

This post has been edited by catacomb: Sep 6 2012, 10:17 PM
tailtwist
post Sep 6 2012, 10:24 PM

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QUOTE(catacomb @ Sep 6 2012, 10:16 PM)
My advice to you is never take a layoff package unless you are getting more than 6 months payback. If it's only one or 2 months, just let it go and move to your new company.

Moreover being layoff is not favourable for your portfolio if you really apply for big companies that do background check. You might save another employee because your boss don't need to layoff someone but choice is yours to consider.

I have worked and stayed in Singapore for nearly 20 years and I just came back to KL and work this month. Can PM me if you need questions answered. smile.gif
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wah liao..20years...what made u return to KL...to be exact MALAYSIA..your whole family?with kids?
seantang
post Sep 6 2012, 11:18 PM

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QUOTE(plplpl @ Sep 6 2012, 08:58 PM)
I meant we should not have to work extra hard just to get same pay as locals. I hate exploitation.
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Who said you had to work extra hard to get paid the same as locals?

If you get hired, whereas the locals don't, they don't get paid AT ALL.
catacomb
post Sep 7 2012, 03:16 AM

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QUOTE(tailtwist @ Sep 6 2012, 10:24 PM)
wah liao..20years...what made u return to KL...to be exact MALAYSIA..your whole family?with kids?
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smile.gif my parents and my brothers are in Malaysia but I am not married smile.gif. Still single. Hmm too many reasons to list down why I return but I will just jot down some main considerations..

(1) My roots is in Malaysia. Although I have friends in Singapore but I do value friends that I have in Malaysia since my kindergarten time till now.
(2) Malaysians don't have demanding power unlike 10+ years ago. Now there are too many foreigners from other countries which exchange rate is lower than Malaysia. Yes exchange rate now is 1 sing to 2.5 ringgit but there are other countries which is 10x or 20x more so they are willing to take lower pay
(3) You got to constantly upgrading and climb. Yes you can do it at certain age but for someone like me who is turning 40 soon and still stuck in the mid management level, I value personal time more than putting 24hours into a company
(4) If you can save in Singapore, I believe you can save more in Malaysia if you were to use the same lifestyle in both countries
(5) Lastly with pun intended smile.gif, in Malaysia you not happy with the government you can still have voice and rights to choose. In other countries, you just complain and suck it up. Nothing much can be done smile.gif


The only few things I can agree about Singapore being better is the transport system. You can really get to places even the most remote sites without much problem. Security is another thing. You can just walk alone in the street at 3am with your wallet in your hand and no one would come and snatch it from you. Other than that, it's always 2 side of a coin. There are things better in Malaysia and there are things better in Singapore.

If you are getting 4k in malaysia and u get the same 4k sing dollars in Singapore, my advice is forget about going to Singapore. If you are getting more than 5k in Singapore then yes give it a shot in Singapore.

Oh let's not forget, there is not much mamak for you to hang out past midnight smile.gif
yhoong12
post Sep 7 2012, 08:44 AM

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QUOTE(seantang @ Sep 6 2012, 06:18 PM)
But what quality of experience would you have gained if you did not start out from a quality university?
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Is there any different for people start out from quality university and people start out from normal university?
Normal university grad does not possess quality of experience as quality university grad?


Added on September 7, 2012, 8:45 am
QUOTE(catacomb @ Sep 7 2012, 03:16 AM)
smile.gif my parents and my brothers are in Malaysia but I am not married smile.gif. Still single. Hmm too many reasons to list down why I return but I will just jot down some main considerations..

(1) My roots is in Malaysia. Although I have friends in Singapore but I do value friends that I have in Malaysia since my kindergarten time till now.
(2) Malaysians don't have demanding power unlike 10+ years ago. Now there are too many foreigners from other countries which exchange rate is lower than Malaysia. Yes exchange rate now is 1 sing to 2.5 ringgit but there are other countries which is 10x or 20x more so they are willing to take lower pay
(3) You got to constantly upgrading and climb. Yes you can do it at certain age but for someone like me who is turning 40 soon and still stuck in the mid management level, I value personal time more than putting 24hours into a company
(4) If you can save in Singapore, I believe you can save more in Malaysia if you were to use the same lifestyle in both countries
(5) Lastly with pun intended smile.gif, in Malaysia you not happy with the government you can still have voice and rights to choose. In other countries, you just complain and suck it up. Nothing much can be done smile.gif
The only few things I can agree about Singapore being better is the transport system. You can really get to places even the most remote sites without much problem. Security is another thing. You can just walk alone in the street at 3am with your wallet in your hand and no one would come and snatch it from you. Other than that, it's always 2 side of a coin. There are things better in Malaysia and there are things better in Singapore.

If you are getting 4k in malaysia and u get the same 4k sing dollars in Singapore, my advice is forget about going to Singapore. If you are getting more than 5k in Singapore then yes give it a shot in Singapore.

Oh let's not forget, there is not much mamak for you to hang out past midnight smile.gif
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Wow, seem like management position and higher salary lure you back.haha

This post has been edited by yhoong12: Sep 7 2012, 08:45 AM
abanga
post Sep 7 2012, 11:44 AM

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looking for room/roomate wanna move in starting october 1st til end of this yr, prefer some where near buona vista/commonwealth.. drop me PM ..!
ivanswk
post Sep 7 2012, 11:57 AM

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QUOTE(yhoong12 @ Sep 7 2012, 08:44 AM)
Wow, seem like management position and higher salary lure you back.haha
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is not end of the story yet, he might return back to sg laugh.gif laugh.gif
well i did the same thing hahaha rolleyes.gif

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