I received my offer letter earlier this week so once I put my signature on the dotted line my move to Singapore will be put in motion. I should be in Singapore by mid next year if all goes to plan. No turning back now.

No. This is an intra company relocation.

Dollar to dollar for my base is within 10% variance of my last drawn, but there are additional living and commuting allowances as well as loyalty bonuses. Other benefits should be same as regular employees. Should be fairly comfy for one person. In interests of confidentiality I'd rather not reveal the actual range.

Engineering

Yup MNC
Thx hope I'll like Singapore

Personally I found this site quite useful for assessing one's market rate.
Auditing Manager

Errr nope don't think so

Can anyone here share their experiences managing their personal finances? I'm planning to ask my employer to bank my salary to an international bank (HSBC). Will there be TT charges between HSBC Singapore and HSBC Malaysia? I plan to use a HSBC Singapore account for my daily needs and remit the majority of my savings to my HSBC Malaysia SGD account, converting only when exchange rates are favourable.

Apparently there is no charge to transfer from HSBC SG to HSBC MY either. Just need to pay the conversion rate...

Apparently if you have Premier Account in Malaysia, it allows you to leverage Premier facilities in Singapore as well. I can thus repatriate to a SGD account in the Malaysian branch without fees or needing to convert.

ayam just a regular wage earner. You'll be surprised you don't really need to have a lot of cash inside to open one. just that total cash + investment holdings need to maintain around 200K MYR.

Are you referring to the spread between buy and sell?

aah oic. I'll take a note on that. thx.

Wah lau guys, no need to take it so personally. In the end we are just replaceable cogs in a machine. No such thing as fair in this world. IMHO Singapore gov just wants the best people to stay and grow the human resources in their country. Unlike Malaysia, they have no natural resources to subsidize their state so it obviously means once you go in they want you to stay as long as possible and settle down and make babies there. That's why the pressure to convert S/Epass to PR and then to citizenship is strong and deliberate from a policy perspective. Some of my friends who went down south felt they had no choice in the end to go down that path. Sure, some companies will try to exploit you here and there, but so do our Malaysian employers when they bypass locals for Bangladeshis, Filipinos and Nepalese. My perspective is that you can live with it and try to squeeze what you want out of the system or move elsewhere. It boils down to our own choice. "You tak suka, you keluar" applies to almost any place I think.

This post has been edited by oe_kintaro: Dec 17 2015, 11:20 AM

Yes, but the fact you converted from E-pass/S-pass means you have one foot in the boat already, and furthermore your kids have to do NS. You haven't gone completely over but obviously the way is open for you and you might feel tempted at some point to convert. some of my friends who are still single felt it was their only logical choice.

It's just populist nonsense to attract the east Malaysia crowd. The crux of their idea was to divert the funds to build a proper highway in east Malaysia. Like what you see in Penang, things that the opposition opposed eventually went ahead anyway if it made economic sense.

I noticed a lot of repeated questions from many of the folks here on market rate salary in this thread.

Just a sharing, but I found this website quite useful for estimating one's market rate, not just in Singapore, but other places as well. Hopefully someone can pin this up somewhere: www.payscale.com. I'm glad used this as a guide when I negotiated with my bosses on my relocation.

The path for relocation is usually easier compared to jumping companies. Your boss / company usually knows what you are really worth to them in terms of skill sets / experience and how much you are getting already.
Assuming no hitches in the EP, I'll get about 1.25 (allowances included) when I come over. In retrospect I should not have asked for so little....for me, I know I'm still relatively junior within the pay grade.

This post has been edited by oe_kintaro: Jan 5 2016, 11:00 AM

double every 10 years, at linear rate that an average 8% increment every annual review.

The more usual case I think is a staggered line, maybe lower annual increment but having a significant bump every few years due to upgrade / promotion / job change. Average out is 8% p.a. lah

Here in Penang, I think the average median increment (at least in my MNC experience) is 5-8 % p.a. maybe due to higher inflation rate compared to Singapore. So if you adjust for an annual 3% inflation rate that's a net 2-5% p.a.