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 Working in Singapore V15

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crazy25kid
post Nov 4 2013, 04:37 PM

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QUOTE(tengah @ Nov 4 2013, 04:28 PM)
You have never heard of people going back and forth Singapore to work. To these people, it is big profit to them.

Although you spend SGD in Singapore, when you finally leave Singapore and withdraw your money from SG accounts, you make a big pile of money there.

You trade that for your safety, civil rights in Malaysia, you are talking about two different countries, not Penang or KL so it is debatable in many aspects.

Every time the Police patrol stop you in Malaysia, you need to consider parting with kopi money. In SG, you better don't do that or you will be arrested for bribery.

You already said it... ".the amount you get to save does not necessary be more when you convert it back" - so this already makes it debatable.

If it is downgrade which implied not desirable as opposed to upgrade, what are all these Malaysians working in Singapore for? They like downgrade?

So it is quite debatable, on the countary. Not saying either option is good but depends on your needs.
*

so by that logic
most fresh grad should only get around SGD1k (RM2.5k)?
That is a fair sum for u?
when i first grad and worked in a local company, i got RM2k
so even if the offer is SGD1.2k (RM3k) in a local company, it is a massive upgrade (50% increase le)?

tengah
post Nov 4 2013, 04:48 PM

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QUOTE(jitshiong @ Nov 4 2013, 03:27 PM)
u will be surprised....
nobody in their sane mind will hire u at that kind of rate
say u earn 5k sgd, u expect to come back malaysia n earn 10k?

from RM10k job to a sgd5k job is definitely a downgrade in salary
*
Don't forget that a person making RM10K in Malaysia is likely a senior executive. When he comes to Singapore, he will likely or assume he take a senior executive job. That won't be SGD5K. Maybe SGD10K. Maybe SGD9K.

So that debate within debate about RM10K to SGD5K is definitely flawed. That person who compared RM10K to SGD5K is not looking at reality.

SGD10K is RM25.5K - still downgrade?


The original question SGD2400 to RM3000. Same line of work/job level.

SGD2400 is RM6100 - that's a difference of RM3700. You see RM3700 no up? You still think downgrade?

Standard of living (security, social standing, amenities etc) is lower in Malaysia.

If you still think downgrade, stay in Malaysia then drool.gif











tengah
post Nov 4 2013, 04:48 PM

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QUOTE(crazy25kid @ Nov 4 2013, 04:37 PM)
so by that logic
most fresh grad should only get around SGD1k (RM2.5k)?
That is a fair sum for u?
when i first grad and worked in a local company, i got RM2k
so even if the offer is SGD1.2k (RM3k) in a local company, it is a massive upgrade (50% increase le)?
*
See this reply:

Don't forget that a person making RM10K in Malaysia is likely a senior executive. When he comes to Singapore, he will likely or assume he take a senior executive job. That won't be SGD5K. Maybe SGD10K. Maybe SGD9K.

So that debate within debate about RM10K to SGD5K is definitely flawed. That person who compared RM10K to SGD5K is not looking at reality.

SGD10K is RM25.5K - still downgrade?


The original question SGD2400 to RM3000. Same line of work/job level.

SGD2400 is RM6100 - that's a difference of RM3700. You see RM3700 no up? You still think downgrade?

Standard of living (security, social standing, amenities etc) is lower in Malaysia.

If you still think downgrade, stay in Malaysia then drool.gif



crazy25kid
post Nov 4 2013, 04:55 PM

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QUOTE(tengah @ Nov 4 2013, 04:48 PM)
See this reply:

Don't forget that a person making RM10K in Malaysia is likely a senior executive. When he comes to Singapore, he will likely or assume he take a senior executive job. That won't be SGD5K. Maybe SGD10K. Maybe SGD9K.

So that debate within debate about RM10K to SGD5K is definitely flawed. That person who compared RM10K to SGD5K is not looking at reality.

SGD10K is RM25.5K - still downgrade?
The original question SGD2400 to RM3000. Same line of work/job level.

SGD2400 is RM6100 - that's a difference of RM3700. You see RM3700 no up? You still think downgrade?

Standard of living (security, social standing, amenities etc) is lower in Malaysia.

If you still think downgrade, stay in Malaysia then drool.gif
*

i nvr said anything about upgrade or downgrade
i m just saying, the currency exchange should not be taken into consideration.
everyone has their own view on upgrades and downgrades.
but to take into consideration the exchange rate and lose out on what u are supposedly worth is a loss
there are a lot of HR who knows there are ppl who take into consideration of exchange rate thus lowballing...and surprisingly, there are quite a lot of ppl accepting without checking the actual market rate for that position.
in a way, you will just kill your own industry by pulling the bar downwards.

ThanatosSwiftfire
post Nov 4 2013, 05:02 PM

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Hi guys, anyone has any experience arranging for a large outing (ie 50-100 people) in Singapore?

Any suggested activities?

I'm probably going to organise a department outing, so I'm wondering what do corporations in Singapore do for their teambuilding etc.

tengah
post Nov 4 2013, 05:04 PM

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QUOTE(crazy25kid @ Nov 4 2013, 04:55 PM)
i nvr said anything about upgrade or downgrade
i m just saying, the currency exchange should not be taken into consideration.
everyone has their own view on upgrades and downgrades.
but to take into consideration the exchange rate and lose out on what u are supposedly worth is a loss
there are a lot of HR who knows there are ppl who take into consideration of exchange rate thus lowballing...and surprisingly, there are quite a lot of ppl accepting without checking the actual market rate for that position.
in a way, you will just kill your own industry by pulling the bar downwards.
*
Likewise, I didn't say anything about most fresh grad should only get around SGD1k (RM2.5k). Those words came from you.

Should hammer that guy who made the RM10K to SGD5K comparison.

By this:
SGD2400 is RM6100 - that's a difference of RM3700. You see RM3700 no up? You still think downgrade?

It showed currency exchange should be taken into consideration. I've pointed out many times that the standard of living is lower in Malaysia but the cost of living is higher in Singapore. It depends on what your needs are, do you want a favorable standard of living or cost of living? See this is why it is debatable and as you say everyone has their own view on upgrades and downgrades.













r1v3r
post Nov 4 2013, 05:05 PM

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QUOTE(crazy25kid @ Nov 4 2013, 03:47 PM)
i do not think there is anything to debate
first off...if u take into consideration the exchange rate...personally, you are already losing.u will be working and living in SG spending SGD...why are u converting it into RM?
you are not spending RM in SG...it may become a debatable point if you travel everyday across the causeway
but still, exchange rate should not even be taken into consideration.

where you retire is uncertain, so never take that as a factor.
if u earn RM10k, and settle for SGD5k...the amount you get to save does not necessary be more when you convert it back
why not factor the amt you might save if u got a job at SGD9k or even 10k or more?
*
FX rate is important.

wonder why an Indon want to work as maid here with just 3 digits take home vs 6 digit rupiah back in their country? The maid in SG might earn as much as office worker in Indonesia.

for a person that do not wish to set root here (not buying any property, family in MY), net saving is his aim.

so be it SGD, USD or GBP, It is the final amount in RM that he send back home (for house, car, child education etc) that count.

If the FX rate is 1:1, your living cost in SG will be even higher. By then who will continue to stay and work in SG?

Good for you if you get 1:1 offer but for a person who can't get at dollar to dollar matching jobs in SG, he is more willing to accept a lower paying jobs in SG as long as he get more saving (this is where FX rate come in). How low? 80% or 50% depend on how desperate the person need the extra saving. This is the reason why we have huge influx of FT in SG.

Dollar to dollar, it is cheaper to raise a family in MY subject to political abuse. While some of us have higher taste and life style and unwilling to accept a 50% cut in salary, I don't see a reason to discourage other people who trying to earn the extra saving.









r1v3r
post Nov 4 2013, 05:26 PM

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QUOTE(deodorant @ Nov 4 2013, 02:53 PM)
Uhhhhhhhhhhhhhhhhh mang how can you convert FX and then declare that it's not a downgrade?

If I'm earning rm10k in Malaysia and I come over on sgd5k (27% increase after FX conversion), does that mean I got a good deal?
*
I am a finance blur. What FX trader do?

exclude life style change, Sell sgd buy rm get 27% profit per month is a bad deal?

one will have to accept some lifestyle change in the begining in exchange for a better opportunity to grow. IMO, a 5K job have larger room to grow than a 10k job.

just my 2 cents non elite view.










crazy25kid
post Nov 4 2013, 05:32 PM

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QUOTE(r1v3r @ Nov 4 2013, 05:05 PM)
FX rate is important.

wonder why an Indon want to work as maid here with just 3 digits take home vs 6 digit rupiah back in their country? The maid in SG might earn as much as office worker in Indonesia.

for a person that do not wish to set root here (not buying any property, family in MY), net saving is his aim.

so be it SGD, USD or GBP, It is the final amount in RM that he send back home (for house, car, child education etc) that count.

If the FX rate is 1:1, your living cost in SG will be even higher. By then who will continue to stay and work in SG?

Good for you if you get 1:1 offer but for a person who can't get at dollar to dollar matching jobs in SG, he is more willing to accept a lower paying jobs in SG as long as he get more saving (this is where FX rate come in). How low? 80% or 50% depend on how desperate the person need the extra saving. This is the reason why we have huge influx of FT in SG.

Dollar to dollar, it is cheaper to raise a family in MY subject to political abuse. While some of us have higher taste and life style and unwilling to accept a 50% cut in salary, I don't see a reason to discourage other people who trying to earn the extra saving.
*

ok...i should rephrase it...if FX as the main or only factor. laugh.gif laugh.gif
i nvr said one should only accept if it is a 1:1 offer but to take into consideration what other ppl with similar credentials can fetch.
if ur skillset is highly sought after in MY, your pay in numbers will be relatively high...but if u were to move to SG which your skillset is not that hot on the market, your pay in terms of numbers are most likely to take a dip. (i have no idea what kind of skillset there is with such an example tongue.gif)
that is why...u find out what other ppl with similar skillset as you can fetch.
different field has a different market

for the indon maid case, if the market rate is 3 digit...then they are not losing out.
if market rate is 4 digit and u are taking 3 digit and not on the high side...u are losing out, even if after the conversion, the chunk of money remitted back is a lot.
the question is what if u were to get a job which is around the market rate...instead of way lower compared to the market but higher because of FX
but job searching is a beech...most of the time u need luck.

desperation as u said will be a factor....but how desperate will one go until 50% sweat.gif sweat.gif (maybe escape from ah long?)
one still has a job (stability aside), one still have some time to bide by....how long is up to each individual
prolonged waiting for an offer can cause frustration and trigger desperation too.

on the 1:1, there will still be people although much lesser...moving has a lot more factors to consider than just FX

r1v3r
post Nov 4 2013, 05:33 PM

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QUOTE(be_happy @ Nov 4 2013, 01:36 AM)
Previously, I was in bank industry for 1year and 9months. My salary was RM3000 excluded commission.

I got an offer of SGD $2400 now, do u all think is not worth to downgrade? (bt i got EP Q1 and I tot only salary above $3k can get EP)

What do you all think?  hmm.gif
Separately, I am looking for room nearby Aljunied or Potong Pasir.

Currently I am staying with my bro at Clementi, sleep in living room and need to pay $300.

Is expensive and far from my work place. (although is in the same MRT line)
*
if you come today, you are $600 off from your MY pay slip.

things change, when you have some SG experience you will start moving.

So welcome to SG.

GiNgEr^fIsH
post Nov 4 2013, 05:33 PM

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I disagree. I think in totality cars prices are comparable to Malaysia.
This is due to the fluid COE prices. So there are times, where SG car prices can be even cheaper than Malaysia.

Alternatively, you can get a 2nd car with 3,4 yrs COE left. If you want a better quality of living.

I do admit prices of properties are expensive. But that's if you compare private. BTO's are actually cheaper here! Rental are also higher here in SG however food are far cheaper. Do not forget also, SGD command a higher spending power.
crazy25kid
post Nov 4 2013, 05:35 PM

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QUOTE(GiNgEr^fIsH @ Nov 4 2013, 05:33 PM)
I disagree. I think in totality cars prices are comparable to Malaysia.
This is due to the fluid COE prices. So there are times, where SG car prices can be even cheaper than Malaysia.

Alternatively, you can get a 2nd car with 3,4 yrs COE left. If you want a better quality of living.

I do admit prices of properties are expensive. But that's if you compare private. BTO's are actually cheaper here! Rental are also higher here in SG however food are far cheaper. Do not forget also, SGD command a higher spending power.
*
not everyone can go BTO tongue.gif tongue.gif
john_makaay
post Nov 4 2013, 05:54 PM

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PR can get higher pay then foreigner for job application?
r1v3r
post Nov 4 2013, 05:54 PM

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QUOTE(crazy25kid @ Nov 4 2013, 05:32 PM)
ok...i should rephrase it...if FX as the main or only factor.  laugh.gif  laugh.gif
i nvr said one should only accept if it is a 1:1 offer but to take into consideration what other ppl with similar credentials can fetch.
if ur skillset is highly sought after in MY, your pay in numbers will be relatively high...but if u were to move to SG which your skillset is not that hot on the market, your pay in terms of numbers are most likely to take a dip. (i have no idea what kind of skillset  there is with such an example tongue.gif)
that is why...u find out what other ppl with similar skillset as you can fetch.
different field has a different market

for the indon maid case, if the market rate is 3 digit...then they are not losing out.
if market rate is 4 digit and u are taking 3 digit and not on the high side...u are losing out, even if after the conversion, the chunk of money remitted back is a lot.
the question is what if u were to get a job which is around the market rate...instead of way lower compared to the market but higher because of FX
but job searching is a beech...most of the time u need luck.

desperation as u said will be a factor....but how desperate will one go until 50%  sweat.gif  sweat.gif  (maybe escape from ah long?)
one still has a job (stability aside), one still have some time to bide by....how long is up to each individual
prolonged waiting for an offer can cause frustration and trigger desperation too.

on the 1:1, there will still be people although much lesser...moving has a lot more factors to consider than just FX
*
his pay is almost fresh grad level so I assumed not a niche skillset.

If your skillsets and experince never change then you look at which country offer you the better deal for your fix skill (which is almost fresh man). He is not on experience hire so not much to bargain. If he start here early, he will gain more experience and move on faster as banking in SG is stronger. So he have to consider oppourtunity not just the starting pay alone.

Wether a maid get paid 3 digit or 4 digit is depend on free market. Unless ando maid really that good to cause the demand over supply then they will keep receiving good offer else employer will keep testing your bottom line if you are easily replaceable. If say maid from xyz country who can perform the same jobs and happy to grab her job at 3 digit offer. The indon maid will have to settle with the 6 digit jobs back home.

Our blue IC did not give us any advantage over other FT. It happen in Engineering and IT where people from x country with PhD is asking for a local degree pay (more desparete) and once the door is open they whole family is here. The same thing can happen to banking too but at least the SG gov is pushing to field more local first. For enginnering, they push many factory to other country where the human resource cost is even lower.






keeganz
post Nov 4 2013, 08:08 PM

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QUOTE(tengah @ Nov 4 2013, 04:48 PM)
Don't forget that a person making RM10K in Malaysia is likely a senior executive. When he comes to Singapore, he will likely or assume he take a senior executive job. That won't be SGD5K. Maybe SGD10K. Maybe SGD9K.

So that debate within debate about RM10K to SGD5K is definitely flawed. That person who compared RM10K to SGD5K is not looking at reality.

SGD10K is RM25.5K - still downgrade?
The original question SGD2400 to RM3000. Same line of work/job level.

SGD2400 is RM6100 - that's a difference of RM3700. You see RM3700 no up? You still think downgrade?

Standard of living (security, social standing, amenities etc) is lower in Malaysia.

If you still think downgrade, stay in Malaysia then  drool.gif
*
Yes agree with him. The question now is is he satisfy with the job role which he landed with. If he think that sgd5k and with less responsibility if compare to the myr10k job back in Malaysia. Why not?

If the same job role or position. Then why you could get myr10k and not sgd8-10K? Assuming same job role normally we get +- 20% from our last pay in Malaysia.

This post has been edited by keeganz: Nov 4 2013, 08:09 PM
keeganz
post Nov 4 2013, 08:13 PM

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QUOTE(ThanatosSwiftfire @ Nov 4 2013, 05:02 PM)
Hi guys, anyone has any experience arranging for a large outing (ie 50-100 people) in Singapore?

Any suggested activities?

I'm probably going to organise a department outing, so I'm wondering what do corporations in Singapore do for their teambuilding etc.
*
Escape singapore but you need to split into few group, or pulau ubin , OBS.

This is what I always engage with for the company leadership team building.
be_happy
post Nov 4 2013, 08:19 PM

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QUOTE(r1v3r @ Nov 4 2013, 05:33 PM)
if you come today, you are $600 off from your MY pay slip.

things change, when you have some SG experience you will start moving.

So welcome to SG.
*
Hope so.

Thanks for all the opinions. blush.gif
almeizer
post Nov 4 2013, 10:29 PM

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QUOTE(be_happy @ Nov 4 2013, 01:36 AM)
Previously, I was in bank industry for 1year and 9months. My salary was RM3000 excluded commission.

I got an offer of SGD $2400 now, do u all think is not worth to downgrade? (bt i got EP Q1 and I tot only salary above $3k can get EP)

What do you all think?  hmm.gif
Separately, I am looking for room nearby Aljunied or Potong Pasir.

Currently I am staying with my bro at Clementi, sleep in living room and need to pay $300.

Is expensive and far from my work place. (although is in the same MRT line)
*
Depends on your spending habit and how much is your rental.

My salary about your range and after 2 years working in SG, I managed to clear my PTPTN entirely (RM30k+ after discount). If I still work in Msia, don't think I can pay off so fast cause I'm saving RM 500-800 per month only.

However, I'm lucky to rent a room for S$600 only (all included) as it was HDB of my wife's relative.

With S$2,400, I believe you can save more than RM 2,000 per month. Compare to RM3k in Msia, maybe can save less than RM1k (exclude EPF).

This post has been edited by almeizer: Nov 4 2013, 10:30 PM
Fiona Chin
post Nov 4 2013, 11:09 PM

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QUOTE(jitshiong @ Nov 4 2013, 04:12 PM)
Really? Today?
So lansi.....didn't even say hi
*
Last week. You walked so fast don't know go where, how to shout?

QUOTE(GiNgEr^fIsH @ Nov 4 2013, 05:33 PM)
I disagree. I think in totality cars prices are comparable to Malaysia.
This is due to the fluid COE prices. So there are times, where SG car prices can be even cheaper than Malaysia.

Alternatively, you can get a 2nd car with 3,4 yrs COE left. If you want a better quality of living.

I do admit prices of properties are expensive. But that's if you compare private. BTO's are actually cheaper here! Rental are also higher here in SG however food are far cheaper. Do not forget also, SGD command a higher spending power.
*
No leh you compare what car? Even ignore the COE, some SG car price still more expensive. Add in the ERP, parking and petrol then rclxm9.gif . Not to forget the 50% cash you have to fork out.

BTO only for locals, unless you convert and join the long waiting queue with ballot system.
tengah
post Nov 5 2013, 12:43 AM

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QUOTE(tengah @ Nov 4 2013, 04:48 PM)
Don't forget that a person making RM10K in Malaysia is likely a senior executive. When he comes to Singapore, he will likely or assume he take a senior executive job. That won't be SGD5K. Maybe SGD10K. Maybe SGD9K.

So that debate within debate about RM10K to SGD5K is definitely flawed. That person who compared RM10K to SGD5K is not looking at reality.

SGD10K is RM25.5K - still downgrade?
The original question SGD2400 to RM3000. Same line of work/job level.

SGD2400 is RM6100 - that's a difference of RM3700. You see RM3700 no up? You still think downgrade?

Standard of living (security, social standing, amenities etc) is lower in Malaysia.

If you still think downgrade, stay in Malaysia then  drool.gif
*
QUOTE(keeganz @ Nov 4 2013, 08:08 PM)
Yes agree with him. The question now is is he satisfy with the job role which he landed with. If he think that sgd5k and with less responsibility if compare to the myr10k job back in Malaysia. Why not?

If the same job role or position. Then why you could get myr10k and not sgd8-10K? Assuming same job role normally we get +- 20% from our last pay in Malaysia.
*
If a RM10K senior executive comes to Singapore for a SGD5K officer job, then it is a downgrade in terms of job scope.

For your second statement, read the above again: " When he comes to Singapore, he will likely or assume he take a senior executive job. That won't be SGD5K. Maybe SGD10K. Maybe SGD9K."










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