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Average salary in the semiconductor industry

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kuabengguan
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Average salary in the semiconductor industry

Postby kuabengguan » Wed, 16 Feb 2011 12:43 am

Hi guys,
I've been offered a senior engineer position with a MNC semiconductor company with salary that falls between the SGD4.5-5K range.
I have 7 to 8 years working experiences.

My questions are:
1) Is the salary package reasonable?
2) How is the semiconductor industry business like in Singapore?
3) Can I claim for OT?
4) The company will apply EP on my behalf. Can I tender my resignation on my current company or should I wait until the EP is approved?
5) Any other necessary details that I should know and ask for before accepting the offer?

Hope you guys can shed some comments and idea.

BG

beppi
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Postby beppi » Wed, 16 Feb 2011 10:31 am

1. The offered salary is on the low side for a senior semiconductor engineer with 7-8 years applicable experience, but if you're from China, India or another 3rd world country, that's what you get. (The world is not fair!)
2. Not much different from anywhere else - which company you're in matters more than which country!
3. Generally No. OT payments are very uncommon for engineers and above levels in Singapore. You'll still have to do OT work, possibly lots of it!
4. You decide which risks you take. Until the EP is fully approved (and you have passed the initial medical examination), things can still go wrong and in that case you'd be unemployed if you already resigned from your old job.
5. Good luck and have fun exploring a new culture!

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Barnsley
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Re: Average salary in the semiconductor industry

Postby Barnsley » Wed, 16 Feb 2011 7:36 pm

If my companies workload is anything to go by, everything in the Singapore Semiconductor garden is rosy at the minute.

However as you must be aware after being in the business 7 or 8 years semiconductors are a very volatile industry, and Sinagpore is no exception. The last couple of years have seen some serious lows and highs here!!

I wouldnt hand my notice in if I were you until you got your in principle approval letter from your prospective new employer.
Life is short, paddle harder!!

kuabengguan
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Postby kuabengguan » Thu, 17 Feb 2011 8:46 am

Hi guys,

Thanks for the feedback.
So, what are the things that I should be aware of and what would be the process and procedure?

I believe it is just signing the offer of employment, and then provide the necessary documents to the HR for the EP application and also medicals. Is that correct?

What should I look at inside the offer letter? If I'm not mistaken I once read that you guys mentioned about something regarding CPF contribution etc. I understand that the CPF contribution for employee is 20% and for employer is 15%.

So, once everything has being settled, just wait for the approval of EP? Will I get a letter from the MoM or will the company notify me and what would be the next step?

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 17 Feb 2011 9:29 am

CPF is of no consequence to you if you are on an EP. CPF is only for Citizens and PR's.


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