You have left out the effect of the progressive tiering in the rates and income levels. Also Medicare Levy.

Aussie MNC salaries are quite comparable to Singapore at the low levels after tax, and at the higher levels, Singapore beats it hands down after tax, after exchange rate difference.

I have worked in Australia before, and believe me, it's quite sickening to have a quarter of your wages go to tax even when it's only a so-so salary. And when it's higher in the hundreds of thousands, there's virtually no incentive to work harder at all (for me at least) because half of your additional effort goes to the govt.



This post has been edited by seantang: Jun 4 2014, 05:47 PM

I'm well aware the taxes are tiered - i was looking at effective tax rates

yes of course at the higher level if the marginal tax rate is 47.5% then it's not fun - not all of us make that kind of money though

If it's the case that you're well aware and of course this & that... I am at a loss why anyone would consider Australia a better employment destination financially compared to Singapore.

This post has been edited by seantang: Jun 4 2014, 06:01 PM

at the low level I believe Australia is still significantly more attractive

at the mid level it really depends, I think. if you start in Australia and you have a high base, then average growth would be fine. if you start in Singapore and have a low base, then even slightly above average growth is not going to do much for ya.

100k package in Australia, you haven't hit 25% tax (excluding these levies). how fast are you gonna grow to 100k in Singapore? After tax Australia is still gonna be comfortable for you to spend a lot, save a lot. SG is not cheap.

I actually don't see Australian fresh grads getting more "base" than those in Singapore... in terms of the compensation surveys my company buys to set benchmarks for the various country salary levels in Asia. I'm speaking from a top quartile subset of MNCs.

You mention A$100k package in Australia... there are no S$120k packages in Singapore?

Or are you saying A$100K packages are abundant for foreigners in Australia, much more so than S$120K packages in Singapore?

I know there are such packages in mining in Australia, just like there are similar packages in banking in Singapore... but just because they are available, doesn't mean they are available to everyone.

This post has been edited by seantang: Jun 4 2014, 06:38 PM

as mentioned 100k is a bit extreme. only the best and limited to those industries.

surveys are just that, surveys

I actually think there are much more opportunities to reach 100K in SG vs AUS. Lots more regional or global roles, international bank roles, petrochemical roles in SG vs AUS.

As for cost of living, Australia is not cheap too. Rental is high in Sydney and Melbourne, eating out is no cheaper than Singapore, local produce is cheaper but anything imported will be more expensive. GST is higher, cars are cheaper but taxis and public transport is expensive, anything that requires manual labour is crazy expensive. So if you're not much of a handyman mechanic carpenter... sigh.

But is that not one of your repeated basis for saying that the base salaries for graduates in AUS is much higher than SG?

As opposed to heresay?

This post has been edited by seantang: Jun 4 2014, 06:51 PM

i got this email from contactsingapore.sg

Hi,



Contact Singapore will be conducting a series of information sessions in Kuala Lumpur, Miri and Kuching.



I will like to invite you as well as your friends who have about 3 - 5 years of experience and above in Oil and Gas, Engineering Services, Financial or Accounting Services to meet with us.



I will be sharing on the latest developments on the Singapore manpower landscape, industry updates and address any questions on employment pass; working and living in Singapore.



Wednesday, 11 June 2014

Kuala Lumpur



WIS: Engineering Services and Oil and Gas




Time: 7 p.m. sharp

(Registration starts at 6.45 p.m)



Venue: Mandarin Oriental Hotel - Level 2, Parkview 3


Saturday, 14 June 2014

Miri



WIS: Financial Services, Accounting Services, Engineering Services and Oil and Gas

Time: 1 p.m. sharp

(Registration starts at 12:30 noon)



Venue: Meritz Hotel - Level 7, Tulip Room


Sunday, 15 June 2014

Kuching



WIS: Financial Services, Accounting Services, Engineering Services and Oil and Gas

Time: 10 a.m. sharp

(Registration starts at 9:30 a.m.)



Venue: Pullman Kuching - Level 2, Giza Room




Engineering Services and Oil and Gas (Kuala Lumpur, Miri and Kuching)

For working professionals with at least 3 to 5 years of experience and above in subsea/offshore projects and project management.

With degree backgrounds in: Naval Architecture /Civil /Marine and Offshore / Mechanical & Electrical engineering



Financial Services and Accounting services (Miri and Kuching)

For working professionals with 3 to 5 years of experience in regulatory compliance, risk management,

wealth management, audit, assurance and tax (with regional experience)






this is the link to sign up for the one held in KL http://www.contactsingapore.sg/WIS/OG/KL/Jun2014

Some one cross the 100k mark within 6 years, coming from a sub 2k starting pay. Yours sincerely did it in about 3 years without taking into the fat bonus from banking industry. You got the OZ job and you want to believe that your choice are the right choice (for everyone), but no need come to the SG thread to criticise that we made dumb choice working here. If your offered pay are much lower in SG, that means your skills are not valued in SG, or there are someone better here.

oh wow so we should all kiss your sweet behind then. what a fun person you must be to hang out with, with all that bank. money talks eh

i've never criticised anyone who chose to work in singapore. not once did i imply it was a poor decision. it's now possible to work anywhere, whether it's malaysia, hong kong, singapore, china, or australia. there are pros and cons to each of these places. if I have an inaccurate picture of reality, then maybe that can be changed. but not through feeding the egos of people like yourself.

i don't have to want to believe i made the right choice. there isn't a second of doubt about it. clearly there are advantages and disadvantages of working in different countries. i've seen really high starting salaries in singapore, and was making the point that I felt it's easier to get a much higher level of pay in Australia.

pm deodorant if you wanna join. He'll add you into Marehsia Whatsapp Badminton group.We play at various locations. Upcoming game always updated at Page 1, #2 post

This post has been edited by Mackiddo: Jun 4 2014, 09:49 PM

100k.. I'll need a few more promotions before I get there T____T

teach u trick...

http://mim.nus.edu/msc-management/38-overview

tada, 15k nia 1 year if u happened to join lemme know

immi kastam tidor, kopi, teh, sembayang, rokoks, fb, wazzap...

not the 1st time, wont be the last... iranians went on mh, altantuya no record.. 1 mill indons, 700k pinoys, 200k banglas are all illegals in msia... no prob also..

if entering is not a prob... exiting lagi bochup

income too low, dont need to pay

go to indo, ur dream will be realised

you wan join together? or already a Master Holder? u still in FnB industry?
still need go for interview and a letter of motivation?

This post has been edited by be_happy: Jun 5 2014, 10:26 AM

When i came here and felt naked from this paper country, i considered obtaining an MBA. Happened to chance upon a director of a very big cooperation. He sincerely advice me not to embark on MBA because the market is flooded with such. Only reason worth doing so is to built some strong connection while doing the course and those are the key to success. Thus get into prestigious or expensive MBA course or forget it. Dont flame me just sharing my 1 cent opinion.

btw, nobody here casino lover?

Thx for sharing... this thought happens to be in my mind b4....
my bro worked in casino... consider casino lover?

Go casino this weekend.

recently there are so many successful person posting here in this humble thread, I wonder they have so much time here, when they should be sipping Pina Colada in Bora bora island. If you all insist to post here,at least impart you wisdom to all the noobie here how to successful like you all.

simple, find job that you enjoy doing. Then adjust your lifestyle according to your pay.