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Graduate Relocating to Singapore...Relocation Pay?

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kiwichick
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Graduate Relocating to Singapore...Relocation Pay?

Postby kiwichick » Fri, 25 Nov 2011 4:17 am

Hi Guys, This is a interesting quesstion I came across while signing my contract to work, I also have to relocated from New Zealand - but typically are grads offered relocation pay? It is too late for me, I enquired and was told relocation will be at my own cost, but I have not found anything in this forum regarding this so it would be interesting to see the general stance for this
Chilled out kiwi, but still hardworking 23yoF

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sundaymorningstaple
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Postby sundaymorningstaple » Fri, 25 Nov 2011 7:01 am

If you've already signed on the dotted line, without renegotiating a relocation package, you better travel light.

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Postby the lynx » Fri, 25 Nov 2011 8:42 am

It is a norm for foreign employees (usually executive level and above) to be offered relocation package by the employers. However it is not a must.

Relocation package can be in various forms, from monetary allowance (alone) to Movers-included and housing package, depending on the employers.

Like sms said, if you have already signed without this included, too bad for you. Unless you manage to turn things around through negotiations.

Good luck!

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Postby sundaymorningstaple » Fri, 25 Nov 2011 9:45 am

I arrived here in 1982 with one suitcase, one briefcase and one KMB-18. Been here ever since. Closest I got to a relo package was my airfare was reimbursed after I'd been here 6 months. :-|

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Postby nakatago » Fri, 25 Nov 2011 9:48 am

For grunts (like me :() , at most, the plane ticket and several days stay in a hotel while you look for a place of your own, a capped reimbursement for costs of the first apartment and also a reimbursement of excess baggage fees incurred.

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Postby BillyB » Fri, 25 Nov 2011 9:50 am

sundaymorningstaple wrote:I arrived here in 1982 with one suitcase, one briefcase and one KMB-18. Been here ever since. Closest I got to a relo package was my airfare was reimbursed after I'd been here 6 months. :-|


You sound like you used to be a hitman!

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Postby nakatago » Fri, 25 Nov 2011 9:51 am

BillyB wrote:
sundaymorningstaple wrote:I arrived here in 1982 with one suitcase, one briefcase and one KMB-18. Been here ever since. Closest I got to a relo package was my airfare was reimbursed after I'd been here 6 months. :-|


You sound like you used to be a hitman!


50% upfront, 50% when the job is done.

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Re: Graduate Relocating to Singapore...Relocation Pay?

Postby BillyB » Fri, 25 Nov 2011 9:57 am

kiwichick wrote:Hi Guys, This is a interesting quesstion I came across while signing my contract to work, I also have to relocated from New Zealand - but typically are grads offered relocation pay? It is too late for me, I enquired and was told relocation will be at my own cost, but I have not found anything in this forum regarding this so it would be interesting to see the general stance for this


Generally, relo packages come in two types;

i. Flights and accommodation (Usually 1 month in a serviced residence) until you find something permanent. After which all assistance ceases.

ii. For senior guys in banking etc. A FULL relo package including fully paid accommodation and furniture, car and driver, all kids schooled, entertainment allowances, maid, business class flights home for the family 4 times a year, full health insurance, pension contributions etc. Plus a base salary of US$500k+ and a bonus of double that - which hardly gets touched because everything is covered by expenses.

Work hard and you'll get to ii. one day!

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JR8
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Postby JR8 » Fri, 25 Nov 2011 9:58 am

sundaymorningstaple wrote:I arrived here in 1982 with one suitcase, one briefcase and one KMB-18. Been here ever since. Closest I got to a relo package was my airfare was reimbursed after I'd been here 6 months. :-|


That's a kind of gimp-mask right?


:P

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sundaymorningstaple
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Postby sundaymorningstaple » Fri, 25 Nov 2011 10:10 am

Yeah, but that was 30 years ago! You were still in short pants then! :P

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Postby JR8 » Fri, 25 Nov 2011 10:13 am

sundaymorningstaple wrote:Yeah, but that was 30 years ago! You were still in short pants then! :P



... '82 the year I left school!


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