Pinoys wanting to celebrate their national day at Ngee Ann City is the current internet anti-foreigner furore in Singapore.

https://www.facebook.com/overpopulatedsg

The anger in the comments against articles calling for calm and tolerance in ST and other online publications, are distressing.

Low-profile a bit about the lobang-lobang to find jobs in Singapore would serve this thread well.

What's the exact name of the document you asked for, in BM?

I know we call it "extract", but that's not quite the actual name, right?

Chances might be much better if you apply for Accounting Assistant, rather than Account Assistance. Helps to get the job title correct when you apply for jobs.

This post has been edited by seantang: Apr 29 2014, 11:01 AM

If you mean Singapore IC, then just your IC. If you have an IC - you will no longer have an EP.

DBS/POSB has a similar multiplier program.

Where OCBC gives you 1/3 of the bonus interest (payable on $50K only) for each of the 3 activities... ie. you do one activity, get 1/3 of the bonus interest... DBS/POSB is purely cashflow. If you have 20K flowing through all your POSB accounts each month, you get the entire bonus. Less than that, you get proportionately less.

So, if you do all your banking with the same bank, OCBC.

If you don't do many thing but have one thing that has high cashflow (eg. salary, home loan, credit card etc), DBS/POSB.

But the thing is that the bonus only calculates on $50K. No difference here for OCBC or DBS/POSB. Anything more just earns basic interest.

This post has been edited by seantang: May 12 2014, 06:43 PM

Good news!!! Although there's no convenient way to get from Senai to Singapore. And definitely no reliable way (timing-wise) to get from Singapore to Senai.

I hope Firefly organises a shuttle bus for each flight timing.

$100K annual packages are quite common. I'd say 50% of the investment, financial services, MNC, Big4 at there or more.

$200K and above is where things start to narrow down.

And it narrows down very, very rapidly once you pass $250-300K.

Given the role of this industry in the last few recessions, and the grossly disproportionate influence, freedom to act and freedom to reward themselves that they hold over the global economy - I do feel any moves to cut this industry down to size is positive. More regulation, simplification and reduction is definitely called for.

You're being 'torn apart' by the wrong choices.

There is no "choice" between a Degree vs ACCA. To succeed, you need BOTH a degree and a professional qualification. All your competitors in Singapore will have both. Many will have both AND a MBA or Masters in Finance.

$2-4k if he's still an exec after 7-10 years (there are many like these by the way), to $7-15k if he's already a manager to director (these guys are far fewer).

Well, only time will tell if you're in the 2-4 category or 7-15 category. The only choice you have is to attempt or not to attempt.

I don't think you're comparing apple's to apple's. You might be comparing different companies types and industries across those countries.

For my company, an MNC, the benchmark Malaysian pay level in absolute units is about +10 to +30% higher than Singapore for mid to higher job levels. This makes sense as the higher up you go, the more internationally equitable the salary becomes to reflect the scarcity & mobility of candidates and the need to pay increasingly competitive salaries to some extent. But it's pretty much the same at lower levels (fresh grads in both countries draw 4k+). Australia is actually about -10% less across at the lower to mid job levels and catches up later.

How much exactly are Australian graduates getting? Ridiculously higher,.. after tax?

The link you have is a not working.

But from the same site, it says that the median fresh graduate salary for accounting is A$50K. Whereas the median for all fields of study is $52K.

That's about 4K a month, which isn't much better compared to SG.

www.graduatecareers.com.au/Research/GradJobsDollars/BachelorU25/Accounting/index.htm

Govt service is already high end of 3k.

And this is a median. Half the people will be below, half will be above.

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

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

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

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