Ask them how much they want to give😗😗😗😗. They headhunt you, then they should give quotation about your payment.

This post has been edited by Epci: Nov 18 2022, 08:13 PM

I did, they said make a proposal

So what do I propose?

20k. Let them nego

Double? Wah haha

Unfortunately you have to see who the poster is before you spend time replying, because some no knowledge will post like they do.

Good luck with your offer!

I agree with him/her

if one already reach retirement ages, he/ she should be quite hard to find good jobs elsewhere as employer prefer young and energetic with lower paid….limited bargaining power I guess. Unless with specialise skills that hard to find in manpower market.

This post has been edited by bcombat: Nov 19 2022, 01:39 AM

You should never ask for equivalent or lesser than a permanent staff (including of statutory deductions) because of the risk that comes along with it for a contract staff. The recommendation earlier asking you to ask for double seems like a right choice.

Ask for double doesn’t necessarily means you will get it but negotiation should always start high for a candidate because employer will only pull it down in the negotiation phase.

You need to prepare more bullet point to justify yourself on the ask:
ie:
- lack of long term stability
- establish yourself as valuable skill set that they can’t find elsewhere (in this case being a local and have the skill set they are looking for)
- helping the company to save cost by not having to establish a local company

Another way is to agree for a contractual project basis, as in invoice them on per project basis (renewable 1 year project in your case) rather than as a contract staff. This way you can even open your own company and invoice them and incur more tax savings. An enterprise entity can claim cost of business, you can charge your cost of equipment, transportation etc to lower taxes.

You should treat independent contractor as an entity of its own instead of as an employee of the said company. The negotiation is a company to company process, not as an employee to employer.

This post has been edited by LovelyPotato: Nov 19 2022, 12:24 PM

Thanks, but I think asking double a bit too much for my case

i'm 43, so a little old for the tech industry but I was approached due to my unique experience.

I wont be asking double (too much) or the same as my last drawn salary (too little for contract).

Honestly wondering if anyone here has transitioned from permanent role to contract role, and what is the difference/addition that I need to take into account.

If 10k and contractor ask for 13k

That 3k is your epf then u self contribute

Why not. Demand and supply

my last salary was 29k...cannot la double

this thread should move to kopitiam

match the same. if reduce pay
then reduce job scope.

be fair enough

Then commensurate with your expertise skill & exp

sorry this is not about what salary should i get, but what salary should i ask for since the role is contract and not permanent. I already know what I should if the role is permanent based on skill & exp.