Graduated Msc (UK) around a year ago and getting an EP to work as a financial adviser in Sing. How long do u think it may be wise to wait in order to apply for a PR?
Cheers!
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Grad PR
-
singaporeflyer
- Moderator
![Moderator]( "Moderator")
- Posts: 4148
- Joined: Mon, 17 Aug 2009 9:49 am
-
sundaymorningstaple
- Moderator
![Moderator]( "Moderator")
- Posts: 39766
- Joined: Thu, 11 Nov 2004 1:26 pm
- Location: Retired on the Little Red Dot
OP said getting, not got. I'd be surprised if he even gets an S pass as that is the minimum salary requirement for an S pass. Sure not much to offer the Country that I can see. I doubt if the ICA will see anything either.
IF he gets an S pass and his tax statements for the next couple of years show whopping incomes due to commission, he may be in but it going to take at least two years to show them he's not a flash in the pan.
IF he gets an S pass and his tax statements for the next couple of years show whopping incomes due to commission, he may be in but it going to take at least two years to show them he's not a flash in the pan.
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
Does MOM factor in expected commissions at all into passes though? I have some local friends who make a bit more than OP in base, but make more than me half the time thanks to sales commissions. I thought OP's base was low too, but assumed MOM approved the pass based on some commission thing.sundaymorningstaple wrote:OP said getting, not got. I'd be surprised if he even gets an S pass as that is the minimum salary requirement for an S pass. Sure not much to offer the Country that I can see. I doubt if the ICA will see anything either.
IF he gets an S pass and his tax statements for the next couple of years show whopping incomes due to commission, he may be in but it going to take at least two years to show them he's not a flash in the pan.
-
sundaymorningstaple
- Moderator
![Moderator]( "Moderator")
- Posts: 39766
- Joined: Thu, 11 Nov 2004 1:26 pm
- Location: Retired on the Little Red Dot
Commission is $0 in the eyes of MOM. Only basic salary is computed. Your friend, unless his base salary is over 7K probably has a lesser EP rating than you do as well even though the gross salary is sometimes more. Should the economy tank, commissions are likely to disappear or dry up. Therefore, rightly so, MOM shouldn't use them as a guideline for the granting of EPs.
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
She's SG citizen, not FT, sorry wasn't clear on that. Just used her as example though to since her take home can vary widely.sundaymorningstaple wrote:Commission is $0 in the eyes of MOM. Only basic salary is computed. Your friend, unless his base salary is over 7K probably has a lesser EP rating than you do as well even though the gross salary is sometimes more. Should the economy tank, commissions are likely to disappear or dry up. Therefore, rightly so, MOM shouldn't use them as a guideline for the granting of EPs.
SMS is right ..
years ago, when my career took a dive for worse, swing, I was offered a job as a Pre-Sales Engineer, and my then (small size) employer had posted my pay as 2,000 plus commission - when the S pass system was just hot off the press ..
Instant rejection, and then an appeal was sent saying that, based on my current prospects and pipeline etc. etc. the company did give an undertaking that my commission would exceed 5,000 $ a month .. etc. etc.
MOM rejected again .. and when the employer sought an interview, the answer was something like "we don't go by possible salary - if you are sure he is going to earn that much, then increase his base pay to 2,000 + 5,000 .. "
The employer was not happy ... MOM was not happy, and me - I found another employer who had more moral fiber - than swimming against MOM rules .. and made myself happy ..
base pay is all that they consider - all else - allowances, commission is looked at but, their stance is - all else can be revoked ..
years ago, when my career took a dive for worse, swing, I was offered a job as a Pre-Sales Engineer, and my then (small size) employer had posted my pay as 2,000 plus commission - when the S pass system was just hot off the press ..
Instant rejection, and then an appeal was sent saying that, based on my current prospects and pipeline etc. etc. the company did give an undertaking that my commission would exceed 5,000 $ a month .. etc. etc.
MOM rejected again .. and when the employer sought an interview, the answer was something like "we don't go by possible salary - if you are sure he is going to earn that much, then increase his base pay to 2,000 + 5,000 .. "
The employer was not happy ... MOM was not happy, and me - I found another employer who had more moral fiber - than swimming against MOM rules .. and made myself happy ..
base pay is all that they consider - all else - allowances, commission is looked at but, their stance is - all else can be revoked ..
Who is online
Users browsing this forum: No registered users and 6 guests