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Should I wait for EP before resigning from current job?

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.

Will I have an issue getting an EP?

Yes
1
50%
No
1
50%
 
Total votes: 2

FaeLLe
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Should I wait for EP before resigning from current job?

Postby FaeLLe » Sat, 06 Mar 2010 5:22 pm

Hello all,

Am coming to Singapore soon. Have accepted a job offer with a top 5 global consulting firm.

My take home exceeds 4000 SGD / month and my education credentials are as follows - MBA from a Singapore uni, MSc and BSc from reputed universities in UK.

Do you think I would have any problem getting an EP?
Should I wait for it before resigning from my current job?

HR says it should take 2-3 weeks and they want me to join in 4 weeks from now.

Please advice, pinging SMS and StrongEagle for help please.

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sundaymorningstaple
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Postby sundaymorningstaple » Sat, 06 Mar 2010 6:32 pm

As we used to say when I was in VN during the war, "Discretion is the better part of valour!" It's better to way until you get the IPA (In Principle Approval) before you do anything drastic. While you shouldn't have any problems, we are having a hellova problem right now with everybody due to the whining of the locals and the tightening up on all foreigners. So, it's better safe than sorry.

FaeLLe
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Postby FaeLLe » Sat, 06 Mar 2010 6:47 pm

Still based on your experience what do you think could be the chances that something go amiss?

I am considering taking a risk because my current organization allows me to withdraw resignation in the notice period as well. And my reason for wanting to switch is family concerns and moving back to them too (parents are not in Singapore) which might go well too.

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sundaymorningstaple
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Postby sundaymorningstaple » Sat, 06 Mar 2010 7:56 pm

Had you asked me this 12 months ago, I'd would have said you would be a shoe-in. Since last Sept, it's as whole new ball-game. I haven't seen it this bad even in the last 4 recessions here. The economy is on the upswing here and the positions are out there, but frankly I just not know. We are all flying blind at the moment.

FaeLLe
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Postby FaeLLe » Sat, 06 Mar 2010 8:11 pm

Guess I will have to resign to keep my future organization happy and take the slight risk....

FaeLLe
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Postby FaeLLe » Thu, 18 Mar 2010 12:45 pm

Hi guys,

The firm applied for my EP last night and today morning when I woke up and checked the status on EP Online I saw it was approved.

No problem there I guess, took less than 24 hours to get it approved.

Luckily I found my old FIN too which I used to travel to Singapore last time for doing my MBA.

Singapore here I come!!!!!!!!!!!!

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 18 Mar 2010 1:16 pm

Congratulations. See, Virginia, there really is a Santa Clause! :cool:


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