Having been in Singapore a couple of years thought I should share my views. Firstly Singapore is very expensive. If money is the main motivation then I think you will be worse off. Especially if you are a US citizen and have to pay US federal tax. Being British i have benefitted from much lower income tax after moving here, and that helps to offset higher costs. Secondly, it is a good place to be right now considering where things are globally. I have enjoyed my time here so far with many new things to discover both here and regionally. Eg. Went to the F1 and it had a marvellous buzz. But you need to have a good attitude and be open to accepting different things. Thirdly, except for the very top echelon of organisations most people have local packages now, rather than expat bells and whistles. So what your company is offering you sounds reasonable for your role. If you have a strong bargaining position you could try asking for a higher number based on tax equalisation.Adventuresome wrote:First ... "THANK YOU" to everyone involved with this site. My wife and I have learned a huuuge amount from reading the conversations.
OPPORTUNITY ... I work for a Fortune 25 global company. We have an opening in my organization for a lateral job that would require me to relocate to Singapore. The company is willing to move me, but it's not an "expat" position (with all those wonderful bells and whistles).
SALARY (U.S) ... $130,000, Manager-Level (upper end of payscale)
FUNCTION/INDUSTRY ... Human Resources ... leading a technology team (from within HR).
QUESTION ... If my management chain wants to move us with only a currency exchange rate adjustment (inflate my salary by 1.25 to $162,000), will I be under-paid in Singapore dollars versus my peers?
ASSUMPTION ... My past performance justifies my upper-part-of-payscale salary. The local leaders know that there's a benefit to them for me coming to their region (it's not a strong card, but it's one that is in-play).
Thank you, in advance, for any help and thoughts.
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