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.
Post Reply

Will I have an issue getting an EP?

Yes
1
50%
No
1
50%
 
Total votes: 2

FaeLLe
Chatter
Chatter
Posts: 486
Joined: Wed, 28 Feb 2007 9:38 am
Location: London

Should I wait for EP before resigning from current job?

Post by 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.

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 39550
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 10
Location: Retired on the Little Red Dot

Post by 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.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

FaeLLe
Chatter
Chatter
Posts: 486
Joined: Wed, 28 Feb 2007 9:38 am
Location: London

Post by 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.

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 39550
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 10
Location: Retired on the Little Red Dot

Post by 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.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

FaeLLe
Chatter
Chatter
Posts: 486
Joined: Wed, 28 Feb 2007 9:38 am
Location: London

Post by 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
Chatter
Chatter
Posts: 486
Joined: Wed, 28 Feb 2007 9:38 am
Location: London

Post by 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!!!!!!!!!!!!

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 39550
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 10
Location: Retired on the Little Red Dot

Post by sundaymorningstaple » Thu, 18 Mar 2010 1:16 pm

Congratulations. See, Virginia, there really is a Santa Clause! :cool:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 12 guests