Thanks for the advice. I am specialized in credit card, specifically as a programmer.

$5k is actually nothing in SG

I'm in payment industry too - Fintech MNC SG. For $5.8K, how many years of experience is this for? IT or non-IT role?
That would be a better gauge.

Ts... You say naik pangkat but tonwhat level? If naik to manager level then consider staying. Because getting manager level is a milestonenthat will unlock a lot of experience.

If you go sg you still become Kuli. And in sg it's very hard to naik pangkat because it's competitive. Is say get manager level experience. Get the status in your resume first, then next time try again at job hopping also no problem.

Assistant Manager level.

Thanks for the advice. I am specialized in credit card, specifically as a programmer.

Assistant Manager level.

Hi All,

Currently having a dilemma in my career choice.
Tendered resignation after work passes approved in SG this week but got counter offer.
Would like to seek opinions from sifus, which one would you all choose?

Malaysia:
MYR6,900
Banking industry
Counter offer RM10,000 + 2 level promotion (which will increase my future increment)

Benefits:
1) bank (iron rice bowl)
2) 3-6 mths bonus
3) 27 days annual leave
4) retirement benefit (last drawn salary X years worked)
5) 2% housing loan
6) very likely to reach 17k~20k & management level in 5 years time

Consideration:
1) High tax bracket
2) economic/political concern?
3) less spending power compared to SG (vacation, gadgets)
4) need to maintain excellent performance due to high expectation

Singapore:
SGD5,800
Payment industry, MNC

Benefits:
1) 1.5 mths bonus (can go up to 150% depending on performance)
2) 16 days annual leave, yearly +1 day until max 23 days
3) more spending power, x3.3 exchange rate
4) lower tax bracket
5) international exposure
6) reviews say more work life balance

Consideration:
1) Told them the counter offer but they can't increase the budget due to salary being one of the main point for my work passes being approved
2) Career prospects unknown
3) GF is working at SG for 2 years already (3k SGD)
4) job security, seems like lots of SG MNC are moving their operations to SEA countries like Msia, Thai & Viet

Singapore gives you regional and international exposure. My friend works for HP in Singapore but now is a local director and reports direct to US.

For IT related, I suggest going to SG if you intend to continue to go deeper into technical role. IT roles in Malaysia are somewhat more restrictive as Malaysia banks typically do not appreciate technical expertise as much. This is not limited to IT roles alone, specialised technical roles such as quants in Risk Management, structured product / derivative pricing and modelling roles are usually more valued in Singapore than in Malaysia, especially at the more senior levels.

For management roles, I think Malaysia may offer a better path as effort to salary ratio is lesser. Plus, the salary gradient here is steeper when compared to Singapore. That is of course if you can get up to that level.