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S$40,000 a year

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Low job offer?

S$40,000 a year

Postby Low job offer? » Wed, 08 Dec 2004 5:34 am

It is a finance job, can pass as entry level though I was in finance 5 yrs ago for 1 yr before branching out to do my own thing, then went back to grad school (not MBA). I got an offer from a big MNC bank... but I was a little disappointed.

It's S$40,000/year (S$3333/month) + year end bonus + med/dental + 1 economy airfare (I'm married) + 1 month signing bonus + 1 month accomodations (presumably until I find my own place... and it looks like I qualify for HDB).

I did my research and found that a local college grad gets S$3333/month, locals with some finance experience get S$5000-6000/month. Did I get offered the local package... airfare & accomodations seem quite measly to qualify as local plus... I promise I wasn't dreaming of the full expat package. This job at home is US$50-55k/year.

Any advice, opinions, words of wisdom would be appreciated.

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Boogers22
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Re: S$40,000 a year

Postby Boogers22 » Wed, 08 Dec 2004 7:04 am

Low job offer? wrote:It is a finance job, can pass as entry level though I was in finance 5 yrs ago for 1 yr before branching out to do my own thing, then went back to grad school (not MBA). I got an offer from a big MNC bank... but I was a little disappointed.

It's S$40,000/year (S$3333/month) + year end bonus + med/dental + 1 economy airfare (I'm married) + 1 month signing bonus + 1 month accomodations (presumably until I find my own place... and it looks like I qualify for HDB).

I did my research and found that a local college grad gets S$3333/month, locals with some finance experience get S$5000-6000/month. Did I get offered the local package... airfare & accomodations seem quite measly to qualify as local plus... I promise I wasn't dreaming of the full expat package. This job at home is US$50-55k/year.

Any advice, opinions, words of wisdom would be appreciated.


This seems like an extremely low offer based on the fact it's a finance position with a MNC. However, if your motivation is to have a good experience as opposed to making money, who's to say it's not enough except for you?

Also, probably depends on whether you are currently living in Singapore and looking for a job, as opposed to living in the US and being sent out to Singapore.


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