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IPA Approved but got better offer from another company

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swajazz
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IPA Approved but got better offer from another company

Postby swajazz » Fri, 26 Aug 2016 1:38 pm

Hi All,

My scenario :
- Currently employed with Company A. But have resigned already and serving notice period.
- Resigned from Company A based on an offer from Company B which I have signed the contract.
- Company B applied for my EP and have got the approval and shared the IPA with me.
- Meanwhile, I have received an offer from a very reputed Bank Company C (far better salary/position than the one offered by Company B)
- I wish to join Company C as it is my dream job and also has lots of other positives (like less commute time, near to my kid's child care)

Question :
In current scenario where EP is not getting approved easily, what would you guys suggest me to do which will help me get the IPA cancelled by Company B hasslefree and without any complications (any easy ways to skip paying the 1 month salary amount)?
(I have a clause in Company B contract that I will have to pay back one month salary to them if I dont join after signing the contract.)

Also, kindly advise if the EP approval by Company C will have complications or it is a regular practice in Singapore.

Regards,
S

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ecureilx
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Re: RE: IPA Approved but got better offer from another company

Postby ecureilx » Fri, 26 Aug 2016 1:46 pm

swajazz wrote:Hi All,

My scenario :
- Currently employed with Company A. But have resigned already and serving notice period.
- Resigned from Company A based on an offer from Company B which I have signed the contract.
- Company B applied for my EP and have got the approval and shared the IPA with me.
- Meanwhile, I have received an offer from a very reputed Bank Company C (far better salary/position than the one offered by Company B)
- I wish to join Company C as it is my dream job and also has lots of other positives (like less commute time, near to my kid's child care)

Question :
In current scenario where EP is not getting approved easily, what would you guys suggest me to do which will help me get the IPA cancelled by Company B hasslefree and without any complications (any easy ways to skip paying the 1 month salary amount)?
(I have a clause in Company B contract that I will have to pay back one month salary to them if I dont join after signing the contract.)

Also, kindly advise if the EP approval by Company C will have complications or it is a regular practice in Singapore.

Regards,
S

Because you got company B's EP approved doesn't mean it will happen to C too.

And MOM may decide to re vet your Application for C.

Or maybe C is under the MOM watch list.

Who knows ?

It's not a difficult decision there - wanna risk your existing pass or not ?

Oh, company B could find out about C and pull out the pending IPA.

NO PAIN, NO GAIN.

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sundaymorningstaple
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Re: IPA Approved but got better offer from another company

Postby sundaymorningstaple » Fri, 26 Aug 2016 2:37 pm

Or you exit company B according to the terms of the contract which, by the way, became valid in a court of law upon receipt of the IPA. So, you either pay off your new employer according to the terms of the contract or they will probably refuse to cancel it and let it expire naturally (6 months validity). This would probably totally screw you with Company C. Soooooo, you do what you want to do.

As ecureilx mentioned, there is still no guarantee that you will get Company C's application approved. (Odds are it will be, but again, there are no guarantees). But B can play nasty if you want to play nasty. I think they would win.

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Re: IPA Approved but got better offer from another company

Postby taxico » Fri, 26 Aug 2016 11:41 pm

Image
Aut viam ad caelum inveniam aut faciam

swajazz
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Re: IPA Approved but got better offer from another company

Postby swajazz » Sun, 28 Aug 2016 3:24 pm

Thanks for your suggesstions guys.

Is getting IPA same as getting an EP? I mean it must be a very common scnenario here in Singapore right when candidate chooses to go ahead with the best option he has?
In such cases where only IPA is aapproved (EP is not yet issued), does MOM allow to submit 2 EP applications (1 which is already approved for COmpany B and a new application by Company B) so that I can be safe that in case COmpany C application is rejected I would still have option to go ahead with Company B. (as I dont wish to continue with Company A now)

Kindly suggesst at the earliest.

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Re: RE: Re: IPA Approved but got better offer from another company

Postby ecureilx » Sun, 28 Aug 2016 3:43 pm

swajazz wrote:Thanks for your suggesstions guys.

Is getting IPA same as getting an EP? I mean it must be a very common scnenario here in Singapore right when candidate chooses to go ahead with the best option he has?
In such cases where only IPA is aapproved (EP is not yet issued), does MOM allow to submit 2 EP applications (1 which is already approved for COmpany B and a new application by Company B) so that I can be safe that in case COmpany C application is rejected I would still have option to go ahead with Company B. (as I dont wish to continue with Company A now)

Kindly suggesst at the earliest.


Upon approval , you get an IPA,which becomes an EP once fulfil other requirements such as medical test and finger printing. And you get a pass issued. Till then you are technically not under a pass, though MOM allows candidates to work once the IPA is issued.

About more than one application, For some folks it may be right strategy, submitting more than one application, and apparently believing its good to let the ministry decide .. or job hopping at extremely high speed is the norm.

For government servants that's just testing their patience. And they are not there to decide YOUR career path.

In fact, they may start closely reviewing your new application and hold everything up. Or detect something (worse case) and cancel your existing pass. Or reject your new pass pass and in nice words say something like "go away ... "

Who knows. Try and see how it goes. Sane people don't push their luck in the current tightening job market.
What to suggest ?

People who know how to follow simple instructions and don't job hop so fast, and know the risks, don't go your way and claim its common scenario.

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Re: IPA Approved but got better offer from another company

Postby sundaymorningstaple » Sun, 28 Aug 2016 4:16 pm

I do know that once an IPS is issued, you cannot submit another application until it has been withdrawn. If you should make another application with an outstanding IPA it will thrown a spanner into the system and it could take months to get sorted, in the meantime you new employer and the newer hoped for employer will both ending up telling you to kiss off as you will have shown both you have absolutely no loyalty. Frankly, it's fitting and proper.

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ecureilx
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Re: RE: Re: IPA Approved but got better offer from another company

Postby ecureilx » Sun, 28 Aug 2016 4:26 pm

sundaymorningstaple wrote:I do know that once an IPS is issued, you cannot submit another application until it has been withdrawn. If you should make another application with an outstanding IPA it will thrown a spanner into the system and it could take months to get sorted, in the meantime you new employer and the newer hoped for employer will both ending up telling you to kiss off as you will have shown both you have absolutely no loyalty. Frankly, it's fitting and proper.



I only remember the days when current pass must be cancelled before submitting a new application.

Ah, SMS, Give him some hope. After all the guy feels this should be common scenario ... ;)

I am interested to know the outcome of this new method to screw up working in Singapore!

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Re: IPA Approved but got better offer from another company

Postby ramram1 » Wed, 31 Aug 2016 11:15 pm

a

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Re: IPA Approved but got better offer from another company

Postby rajagainstthemachine » Wed, 31 Aug 2016 11:21 pm

why do i suspect OP and the last poster are both Indian
To get there early is on time and showing up on time is late

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ecureilx
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Re: RE: Re: IPA Approved but got better offer from another company

Postby ecureilx » Wed, 31 Aug 2016 11:48 pm

ramram1 wrote:a


rajagainstthemachine wrote:why do i suspect OP and the last poster are both Indian

You mean the guy who said 'a' ? ;)

100 points for you...

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Re: IPA Approved but got better offer from another company

Postby swajazz » Thu, 29 Dec 2016 4:42 pm

Just to let know someone who might be in same situation -

Here is what happened as outcome in this case :

As Company C offer was my dream job, I had to take risk by accepting offer from Company C.
But before that I requested Company B about revoking the approved IPA.
However, company B asked me to compensate 1 month salary before they can cancel the IPA.
I honestly requested company B that I didnt have any intention in duping them and they should kindly consider waving off the compensation. (although as a backup plan I had thoughts of paying the amount to them so as to go ahead with IPA cancellation)

As its true, Honesty always pays off. Company B waived off the compensation charges, cancelled the approved IPA and I accepted the offer from Company C.

Company C IPA was approved in 5 days (I assume that was possible because they are a well knowned bank in Singapore).

Note : Just a normal advice to all so called "experts" here, request you to not make fun of people honestly asking for advice on this forum. If you dont have any similar experience or reference better to not spread wrong information.

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Re: IPA Approved but got better offer from another company

Postby sundaymorningstaple » Thu, 29 Dec 2016 6:17 pm

For the record, nobody gave you wrong information. We gave you possible scenario's. Fortunately, Company B decided NOT to hold you to your contract. For that you are lucky. As far as the 5 days for a new approval, no it's not unheard of and neither is being denied. I would suggest you come down off your high horse. We have much more collective experience and your's is but one more in a myriad of data sets, of which there are all kinds of variables.

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Re: RE: Re: IPA Approved but got better offer from another company

Postby ecureilx » Thu, 29 Dec 2016 8:50 pm

sundaymorningstaple wrote:For the record, nobody gave you wrong information. We gave you possible scenario's. Fortunately, Company B decided NOT to hold you to your contract. For that you are lucky. As far as the 5 days for a new approval, no it's not unheard of and neither is being denied. I would suggest you come down off your high horse. We have much more collective experience and your's is but one more in a myriad of data sets, of which there are all kinds of variables.

And he needs to bless his stars - I have seen employers make ex staff sweat out a one month cooling off period, following, by the book procedures for release. Perfectly legal in Singapore!!!

swajazz
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Re: IPA Approved but got better offer from another company

Postby swajazz » Thu, 29 Dec 2016 9:32 pm

My main aim was to help someone in future by letting them know the outcome of my case.

I have seen many "low"s in my career (so definitely I never sit on a high horse) which makes me thank god in this case to get a positive outcome. O:)

Rest, you guys are Immortals and Moderators so you know things better here...so keep continuing your good work by replying people with your suggestions.

Good bye..


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