Sammyboy RSS Feed
20-10-2013, 10:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Indian FT: Is $10,000, $12,000 or $15,000 salary enough in Singapore? (http://www.transitioning.org/2013/09/13/indian-ft-is-10000-12000-or-15000-salary-enough-in-singapore/)
http://www.transitioning.org/wp-content/uploads/2013/09/countries-with-high-inequality-have-low-mobility-http-inequality-is-fixable.jpg (http://www.transitioning.org/wp-content/uploads/2013/09/countries-with-high-inequality-have-low-mobility-http-inequality-is-fixable.jpg)
Dear Gilbert
I am in the midst of negotiating with my current employer based in Bangalore, India for probable salary in Singapore.
I have relocated to Singapore within the organization.
I worked in Bangalore, India at a salary of INR 3,40,000 (Rupees) gross income per month in a role of Vice president and Business head.
Now I have been asked to start up our Singapore entity and relocated in August into Singapore.
In the process I have become the Director of the local entity.
I have been asked by my company to check with local law firm and understand what should be my salary in Singapore considering the cost of living.
Note- that I have got a paid house cum residence condo.
I will need to take care of all other expenses other than transport and mobile used for official business.
I am not sure if it should be $10000 or $12000 or $15000 Sgd considering the high cost of living in Singapore.
I verified various cost calulator sites and understand it is like 5 times the price index.
Please guide me.
Shiva P
Editor’s note: The reason we posted this mail is because we felt that foreigners continue to enjoy decent to high wages compared to a slow stagnanting wage package for local Singaporeans for the past decade. Even foreigners hire on the lowest Employment Pass (EP) grade now could take home a minimum salary of $3200/month. Where is the justice?
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?166521-Indian-FTrash-Is-10-000-12-000-or-15-000-salary-enough-in-Singapore&goto=newpost).
Indian FT: Is $10,000, $12,000 or $15,000 salary enough in Singapore? (http://www.transitioning.org/2013/09/13/indian-ft-is-10000-12000-or-15000-salary-enough-in-singapore/)
http://www.transitioning.org/wp-content/uploads/2013/09/countries-with-high-inequality-have-low-mobility-http-inequality-is-fixable.jpg (http://www.transitioning.org/wp-content/uploads/2013/09/countries-with-high-inequality-have-low-mobility-http-inequality-is-fixable.jpg)
Dear Gilbert
I am in the midst of negotiating with my current employer based in Bangalore, India for probable salary in Singapore.
I have relocated to Singapore within the organization.
I worked in Bangalore, India at a salary of INR 3,40,000 (Rupees) gross income per month in a role of Vice president and Business head.
Now I have been asked to start up our Singapore entity and relocated in August into Singapore.
In the process I have become the Director of the local entity.
I have been asked by my company to check with local law firm and understand what should be my salary in Singapore considering the cost of living.
Note- that I have got a paid house cum residence condo.
I will need to take care of all other expenses other than transport and mobile used for official business.
I am not sure if it should be $10000 or $12000 or $15000 Sgd considering the high cost of living in Singapore.
I verified various cost calulator sites and understand it is like 5 times the price index.
Please guide me.
Shiva P
Editor’s note: The reason we posted this mail is because we felt that foreigners continue to enjoy decent to high wages compared to a slow stagnanting wage package for local Singaporeans for the past decade. Even foreigners hire on the lowest Employment Pass (EP) grade now could take home a minimum salary of $3200/month. Where is the justice?
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?166521-Indian-FTrash-Is-10-000-12-000-or-15-000-salary-enough-in-Singapore&goto=newpost).