I am really happy :)

revhappy · Post by **revhappy** » Fri, 06 May 2011 11:47 am

Hey Guys,

After working here for 2 years on the payrolls of another contractor, I am now going to be converted into a permanent employee with the bank.

In our bank 70% are contract staff and only 30% are employees, in the IT dept, and its a great achievement to get on their payrolls.

I was by no means an outstanding performer, just a good performer. But the guys who were really outstanding performers just quit to other banks or went back to India after they were frustrated being on contract roles for years. So they had to do something to stop others from quitting. I am going to the 1st person in the deparment to get converted to Permanent role and this is going to annoy a lot of people who have been here for years(5-6 in some case). Just that the project I am working on is really critical.

So I am as lucky as one can get. Now getting PR will be walk in the park with the brand name that my employer carries

.

ancientmariner · Post by **ancientmariner** » Fri, 06 May 2011 11:56 am

Congrats!!!

Post by **sundaymorningstaple** » Fri, 06 May 2011 1:00 pm

I agree, congrats! But remember that PR is not so much the employer as the employee. (not to put a damper on your mood, but just injecting a dose of reality serum). Remember, the country has an overabundance of applicants with your ethnic background and they are trying to scale that back to what "they" consider an acceptable range. But we all will keep our fingers crossed for your success!

Calmday · Post by **Calmday** » Fri, 06 May 2011 1:07 pm

Congrats. Its always good to see hard work being recognized.

revhappy · Post by **revhappy** » Fri, 06 May 2011 1:21 pm

carteki · Post by **carteki** » Fri, 06 May 2011 2:31 pm

Congratulations.
BTW - you don't need PR to contribute to CPF - you can voluntarily contribute without a PR - which I would suggest that you look into doing to show your "commitment" to the country.
Cheers

Post by **nakatago** » Fri, 06 May 2011 3:19 pm

assistant vice president?

revhappy · Post by **revhappy** » Fri, 06 May 2011 3:37 pm

nakatago wrote:assistant vice president?

Yupp! Banks give the Assistant Vice President title to team leads/senior developers, with like 5+years of experience. Its just one level above the lowest title you can get which is ENO(Exempt Non Officer). VP is above AVP and director is above VP. Thats how is works in banks.

All the above info is for the IT dept.

JR8 · Post by **JR8** » Fri, 06 May 2011 5:15 pm

Well done Rev, I'm very happy for you today!

Mad Scientist · Post by **Mad Scientist** » Fri, 06 May 2011 6:02 pm

Good On Ya , Mate !!

Post by **sundaymorningstaple** » Fri, 06 May 2011 6:38 pm

carteki wrote:Congratulations.
BTW - you don't need PR to contribute to CPF - you can voluntarily contribute without a PR - which I would suggest that you look into doing to show your "commitment" to the country.
Cheers

Taken from the CPF site FAQ's.......

Q: Are there any exceptions to the payment of CPF contributions for employees?

A: Yes, please refer to the list of exceptions below:

a) Foreigners on Employment Pass, S Pass, Miscellaneous Work Pass or Work Permit
CPF contributions are not allowed for foreigners. Both the employer’s and employee’s share of contributions for foreign employees on Employment Pass, S Pass, Miscellaneous Work Pass or Work Permit will not be accepted.

Can you please provide the links as to where a non Citizen/PR can make voluntary contributions to a CPF account? Back in the 1990's this was possible, but it's been long ago discontinued as far as I know. I've been here since the early '80's.

revhappy · Post by **revhappy** » Fri, 06 May 2011 7:01 pm

Thanks again, everybody

intellectualsmuse · Post by **intellectualsmuse** » Wed, 11 May 2011 1:16 pm

revhappy wrote:Hey Guys,

After working here for 2 years on the payrolls of another contractor, I am now going to be converted into a permanent employee with the bank.

In our bank 70% are contract staff and only 30% are employees, in the IT dept, and its a great achievement to get on their payrolls.

I was by no means an outstanding performer, just a good performer. But the guys who were really outstanding performers just quit to other banks or went back to India after they were frustrated being on contract roles for years. So they had to do something to stop others from quitting. I am going to the 1st person in the deparment to get converted to Permanent role and this is going to annoy a lot of people who have been here for years(5-6 in some case). Just that the project I am working on is really critical.

So I am as lucky as one can get. Now getting PR will be walk in the park with the brand name that my employer carries .

Congratulations and Good luck with the PR App.

Zhanglaurence · Post by **Zhanglaurence** » Wed, 11 May 2011 2:12 pm

con!!!

JayCee · Post by **JayCee** » Wed, 11 May 2011 3:46 pm

Not sure I agree with the statement about 'most' people in IT in banks being in contract roles as that's not the case at my place, but congratulations on getting your permanent role and good luck with the PR application

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