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 Work remotely, live in Malaysia?

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SUSCandy12
post Jul 8 2020, 09:57 PM

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QUOTE(eXTaTine @ Jul 8 2020, 09:51 PM)
This Covid is possibly a great opportunity to earn USD or SGD and live in Malaysia. Lots of companies moving completely to remote working. If you score one in a similar time zone, essentially you may have the option to work from Malaysia and earn foreign currency. SG is probably the ideal once the borders open back up since you can just fly in whenever you need to be in SG and the rest of the time stay in MY. Earn SGD and live in MY? What's there not to like? Maybe I should apply for a job in Fujitsu since they going to allow full remote working.
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Yes bro, just like Youtube payouts even US$1-2k is big money in Malaysia.

Got friends in logistics handling for Malaysian operations work remotely from home with US based company.
Paid close to USD$2k but need to work early morning shifts follow US time.

Malaysian managers also don't earn this much.
SUSCandy12
post Jul 8 2020, 10:02 PM

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QUOTE(waghyu @ Jul 8 2020, 09:57 PM)
Great idea. Pay also should revise based on location. They will do this eventually.
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Failures of globalization. The whole idea about globalization is that if you're an engineer wherever you work in the world, your salary must be the same. If you earn US$8k, salary in Malaysia must be at least RM24k/mth.

Sadly, this idea is exploited by globalists corporation who enslaved 3rd world countries and pay them peanuts but their prices everywhere in the world for their products is similar.

Starbucks costs US$3-5 a cup in USA, how much they sell in Malaysia for same cup of coffee? RM15 min?

Why salary is not matching but products and items must par with their US pricing or more because of export?
SUSCandy12
post Jul 8 2020, 10:08 PM

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QUOTE(tatmeng @ Jul 8 2020, 10:00 PM)
How about income tax? Pay Singapore or pay Malaysia?
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The employer side must report to his own country for taxes. Still they pay Malaysian side cheaper salary but our locals find it worth the exchange value, because net pay still higher than local managers.

The whole idea about globalization is flawed. If you want to be considered a globalized citizen, your salary must be also on globalized scale, not RM2-3k as an engineer or manager in Malaysia.

Your salary must match that of Europe and USA counterparts even if you work in Africa, Asia or South America.

That should be the true meaning of "GLOBALIZATION".


SUSCandy12
post Jul 8 2020, 10:11 PM

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QUOTE(Daylight2018 @ Jul 8 2020, 10:04 PM)
Capitalist kata jangan
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When times were good, I believe only certain industries such as O&G and banking were paying globalized salary scale.

If Malaysians were smart enough to demand, we won't be getting such low salaries and our economy still moves.

If you dealt with China suppliers and dealers before, they all quote their prices in USD currency everywhere in the world. RMB only for local trading. That is what we meant as globzalization.
SUSCandy12
post Jul 8 2020, 11:29 PM

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QUOTE(Liamness @ Jul 8 2020, 11:15 PM)
Ah.. but u are conveniently forgetting that the cost of living in countries and places vary too.  For instance, it is at least 1/4 cheaper to live in KL than it is to live in New York..

Likewise, it is cheaper to live in Vietnam than it is in Malaysia.

Cost of living impacts salary imo.
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It only matters for the cheap wage earners locally who is constraint by borders and local laws.

The whole idea of GLOBALIZATION is rigged to favor the rich and their multinational corporations.
Being globalized means unrestrained markets, more cheaper labor sources and a bigger selling market.
At the end of the day, they still sell and market their products with the same price everywhere using the USD as a benchmark.

If not, the locals will get subpar quality items with cheaper and lesser ingredients.

Just compare our local Maggi mee packaging and the Korean ones. Our Maggi mee is just about half the size, with packaging cover that is thinner than paper, just poke and already punctured.

We are actually getting less while doing the same jobs as these overseas peers with same titles.They can afford to buy houses, cars and spend cheap vacations in Malaysia but Malaysians can't otherwise.

Think of it, we're being shortchanged and cheated.

If only we follow the way how China and Cambodia trades with the West using the USD as the bargaining price for their products sold overseas and salary payouts.

Costs of living in Malaysia is not cheap either unless you still look for cheap RM1 nasi "kueh" lemak and settle for less quality. You are still buying cars that matches prices of those western countries.
SUSCandy12
post Jul 8 2020, 11:34 PM

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QUOTE(L.Torreira @ Jul 8 2020, 11:17 PM)
again supply and demand
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Supply you say oh maybe our local grads aren't as deserving for the same equivalent job titles as other countries counterparts.We need to keep the locals satisfied with jobs to win their votes and hearts even if it means less?

If a sedan car costs USD$30k cash, can I get the same car at MYR30k if we earn dollar to dollar?
You can buy a landed home in US for somewhere $100k in the suburbs, can you do the same with MYR?

The only connection with supply is that ours is subpar and undeserving.Meaning it's an insult to Malaysian locals.
SUSCandy12
post Jul 8 2020, 11:49 PM

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QUOTE(blueblueoutofblue @ Jul 8 2020, 11:37 PM)
I just recently joined a SG company. Paid in SGD, income tax based on SG, but I live at Saigon

Previously work for a Saigon based company
Paid in USD, income tax based on VN tax bracket and every month I am crying looking at my tax deduction from my pay
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Your case is that you're based somewhere else with relocation benefits.

I supposed if you get those remote jobs which is based in your own hometown with the convenience of working from your own home but paid in USD?

Despite being paid less than your counterparts who is based in the HQ, the conversion is still very much worth it.
Say an engineer earns USD$5000 back at HQ, you based locally but still paid USD$3000. Worth a not?
SUSCandy12
post Jul 8 2020, 11:53 PM

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QUOTE(Liamness @ Jul 8 2020, 11:46 PM)
I dunno why u wanna compare the little things when you should be looking at the bigger expenses, like property...

Do you know how much it will cost you to buy an apartment in downtown New York? You pretty much can't do it even if you work in NYC..

Meanwhile, it's still very possible to do so in KL. And doesnt really take that much. A combined income of 24k ringgit per month and you are looking at the top of the range apartments in KL city centre.
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Why are you comparing property prices when you're doing the same job as your overseas counterpart with same title deserves less? We're talking about the job involved here.

Also my RM5 bowl noodles compared with a USD$5 bowl noodles the ingredients are so different in terms of quality.

Dollar to Dollar comparison.

Of I suppose also why our local manufacturers and suppliers should sell our export items quoted in MYR instead of USD why they wouldn't?

Lower cost of living wut in Malaysia you claimed. Why? laugh.gif
SUSCandy12
post Jul 8 2020, 11:57 PM

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QUOTE(Liamness @ Jul 8 2020, 11:52 PM)
I dunno how u can blame globalisation when we've been direct beneficiaries to it. Without more open markets, KL would be dead. Just look at how globalisation has rapidly expanded China.. lifting huge numbers out of poverty.
Also, before you blame globalisation, I suggest you go and look up unemployment rates in developed countries vs under developed, 3rd world countries like Malaysia..

It is depressing in first world.. heck.. a good friend of mine working in the UK just got made redundant.. Meanwhile, I'm still employed, working from home, and my company, also a UK company is doing well in the Asian market.
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With the recent economic war with China, USA is now restarting factories back in their own country to create more jobs. I guess they are not paying their workers in RMB to keep things competitive?

Are they also going to start selling US made products in RMB too to keep up with competition?
SUSCandy12
post Jul 9 2020, 12:06 AM

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QUOTE(Liamness @ Jul 9 2020, 12:01 AM)
Property prices is where your bulk of income will get eaten up. It matters a great deal..

Why do u think SG is rated one of the most expensive places on Earth? When a plate of chicken rice is only $3sgd..

It's all due to the property prices..

Property in Malaysia is still affordable so much so that even a 60k rm a year salary can get you a good landed house in Shah alam.

Meanwhile, 60k AUD wont even get u a house anywhere worthwhile in Australia..
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You talk about property prices. But these globalists will pick the cheapest country to operate yet maintain their final goods prices using the USD as their reference pricing.

How do they explain that? Meaning the rich corrupted way of sustaining their wealth through geo-political exploitation?

My job role and responsibilities as a staff with the same position as my other counterpart is the same. Why am I getting paid less? When my counterpart retires with his savings he come to my country he lives like king, my retirement can't even afford me a house locally.WTF?
SUSCandy12
post Jul 9 2020, 12:11 AM

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QUOTE(Liamness @ Jul 9 2020, 12:04 AM)
There is a netflix documentary about a chinese manufacturer opening up in USA.  Even bringing their chinese workers over.

You should check it out.
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If their staffs who are brought over to US are paid in USD that's fine. They deserve that for where they're based.

Globalists come to your country and pay labourers peanuts but they market their stuffs back in their own country in their own currency or even sell them in your country by using their own USD prices as reference?

Who is the loser?

US Starbucks costs US$4 per cup. Malaysian Starbucks sell it for RM15 for same thing.

Shortchanged? Our work is not less than them.
SUSCandy12
post Jul 9 2020, 12:13 AM

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QUOTE(Liamness @ Jul 9 2020, 12:12 AM)
You are doing something seriously wrong if you can't afford a house locally..

Maybe get a better paying job? If both ur partner and itself earning 6k ringgit a month each, then no problem la.. can easily get a nice apartment and car.. heck.. houses these days wont even require full 10% downpayment. You can easily move into a unit with zero money down..

I don't see what's so hard about it..

do u know how much more expensive houses are in developed nations?? And how much more competitive it is? You go to an auction house in Melbourne, there will be 20-40 other people bidding for a single property..  the starting price? 800k aud.. good luck.
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Yeah? Try getting a RM6k job over here in Malaysia and see how you need to work off your ass to keep your job.
You might even need to work overtime without getting paid or commit during weekends to your job.
SUSCandy12
post Jul 9 2020, 12:24 AM

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QUOTE(throwaway account @ Jul 9 2020, 12:16 AM)
No. in the documentary, the Chinese expats were still paid their salary in the usual amount in RMB. They were supplemented by living allowances.

After their stint in the US is finished, they return to China with the same old salary.

The documentary is called American Factory.
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That would be their own stupidity lor for being exploited when their own bosses are snapping up properties overseas by the rows, sending their children to be fully educated there and living the rich and famous lifestyle.

This idea of globalization will come to an end soon when the masses gets awaken.It'll surely backfire on their rich corrupted families resulting in another revolution.
SUSCandy12
post Jul 9 2020, 12:27 AM

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QUOTE(Liamness @ Jul 9 2020, 12:21 AM)
Ahhh.  It breaks his globalist narrative.  Lol
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My globalist narrative is still clear. It only benefits the rich and powerful by exploiting the poor and uneducated by shortchanging them.

It will not last long as we know, China is now feeling the pressure and so is India.
SUSCandy12
post Jul 9 2020, 03:54 PM

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Despite Singapore being rated for being the best country to do business and invest in, its the total opposite when it comes to seeking employment. The law there favors employers more than anywhere else making it one of the most stressful place for employment. So bad that even modern China companies have better working environment than them when recruiting expats.

Do you know that in Singapore, you can be sacked and leave in less than 24 hours?Nice place for the crazy rich to invest and set up administrative offices there but at work when it comes to work you better not let your employer find little faults with you just like what happened months back when bosses started acting up to find excuses to retrench staffs there.

The SGD lure is less attractive than the USD.


SUSCandy12
post Jul 9 2020, 04:19 PM

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QUOTE(eXTaTine @ Jul 9 2020, 04:05 PM)
If they ask you to leave in 24 hours they have to compensate you with the notice period. Typically 1 month.
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1 day dismissal means from your last pay day counted proratedly to the day of your dismissal.

Singapore is not a nice place to seek employment. It's a playground for the rich where the government favors FDI over its citizens.

 

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