Singapore Expats Forum

What's your best guess?

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.

dresch
Newbie
Newbie
Posts: 9
Joined: Thu, 28 Feb 2013

What's your best guess?

Postby dresch » Thu, 28 Feb 2013 11:16 am

Hello all,

Banker moving from Melbourne to Singapore. Currently earning AUD122k pa with a bonus of between AUD20-30k.

Bonus ratio I anticipate would be similar when I move to Singapore.

This would not be viewed as a serious promotion, just me taking up a 'local' package in Singapore on equivalent/similar money. Having said that, there should be some incentive in this for me to transfer.

Currently AUD122k is approximately SGD150k.

I go from an average tax rate of 30% to about 10%. Woohoo.

Would you expect my salary to be north or south of SGD150k? And if so, by how much?

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Postby JR8 » Thu, 28 Feb 2013 7:19 pm

You want to move from Aus to SG and not be any better or worse off at the end of the day?

Then a starting-point would be to look at an international 'Cost of living adjustment table'. These are published by global HR firms, and HR consultants. Google for it.

p.s. One of your largest considerations might be your housing needs in SG. But as you give no clues on that front, there is nothing more to add right now.

User avatar
Mi Amigo
Manager
Manager
Posts: 1791
Joined: Sat, 19 Jun 2004
Location: Kinto Pino

Postby Mi Amigo » Thu, 28 Feb 2013 7:40 pm

Be careful what you wish for

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Postby JR8 » Thu, 28 Feb 2013 7:57 pm

Ah good link, I forgot about that site!

[Can I suggest it is linked somewhere, as AFAICS, it is in neither the forum FAQ or SMS's list of useful sites?]


p.s. Is beer really more expensive in Aus than SG? :o

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 35159
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Thu, 28 Feb 2013 10:20 pm

Good idea JR8. It's now on the top of the centre column under "Housing & Cost of Living" Thanks!

User avatar
the lynx
Governor
Governor
Posts: 5272
Joined: Thu, 09 Dec 2010
Location: Location: Location: Location: Location: Location: Location: Location: Location: Location: Location:

Postby the lynx » Fri, 01 Mar 2013 9:31 am

JR8 wrote:Ah good link, I forgot about that site!

[Can I suggest it is linked somewhere, as AFAICS, it is in neither the forum FAQ or SMS's list of useful sites?]


p.s. Is beer really more expensive in Aus than SG? :o


The last time I was in Sydney, I remember the beers were sold within the range of AUD7 to 9 per bottle...

Edit to add: ...in a restaurant :P
Last edited by the lynx on Fri, 01 Mar 2013 10:17 am, edited 1 time in total.

User avatar
nakatago
Moderator
Moderator
Posts: 8333
Joined: Tue, 01 Sep 2009
Location: Sister Margaret’s School for Wayward Children
Contact:

Postby nakatago » Fri, 01 Mar 2013 10:11 am

JR8 wrote:Ah good link, I forgot about that site!

[Can I suggest it is linked somewhere, as AFAICS, it is in neither the forum FAQ or SMS's list of useful sites?]


p.s. Is beer really more expensive in Aus than SG? :o



Take a gander:

http://www2.woolworthsonline.com.au/#ur ... 26page%3D1

https://www.coldstorage.com.sg/onlinesh ... eptCode=08

Note price per unit.

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Postby JR8 » Fri, 01 Mar 2013 9:02 pm

Thanks Nak,

I tried the find some more everyday brands to compare, but the bottles/cans/pack-sizes all seem to vary, I ended up almost seeing double.

Finally I think I found something close...

Woolworth - Aus
Hoegarden wheat beer 330ml bottle A$4.42 each

NTUC - SG
A 4-pack S$17.27, or S$4.32 each

With the FX conversion A$1 = S$1.26

Therefore: 4.42*1.26 = S$4.32
5.57/4.32 = The Aussie bottle is 29% more expensive that the SGn one.

Wow, who'd have thunk!

p.s.
If anyone can do a similar comparison between a global brand, something like Heineken or Carlsberg, I'd be interested to see it.

User avatar
Wd40
Director
Director
Posts: 3936
Joined: Tue, 04 Dec 2012
Location: SIndiapore

Postby Wd40 » Fri, 01 Mar 2013 9:13 pm

I would say comparing Hoegarden's price may not be the right thing to do. Hoegarden is considered premium in SG. You must compare SG's bread and butter beer(Tiger and Carlsberg) with Australia's bread and butter beer(Victoria Bitter)

http://www.myshopping.com.au/PT--147_Be ... _47016_e__

I would say the price of beer is cheaper in Australia
Last edited by Wd40 on Fri, 01 Mar 2013 9:16 pm, edited 1 time in total.

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Postby JR8 » Fri, 01 Mar 2013 9:16 pm

Wd40 wrote:I would say comparing Hoegarden's price may not be the right thing to do. Hoegarden is considered premium in SG. You must compare SG's bread and butter beer(Tiger and Carlsberg) with Australia's bread and butter beer


But I'm trying to compare apples with apples, and trying to avoid any variable. I hadn't thought it would prove such a challenge.


p.s. Actually now you mention it, yes perhaps Tiger and Fosters are equally as undrinkable!

User avatar
Wd40
Director
Director
Posts: 3936
Joined: Tue, 04 Dec 2012
Location: SIndiapore

Postby Wd40 » Fri, 01 Mar 2013 9:26 pm

JR8 wrote:
Wd40 wrote:I would say comparing Hoegarden's price may not be the right thing to do. Hoegarden is considered premium in SG. You must compare SG's bread and butter beer(Tiger and Carlsberg) with Australia's bread and butter beer


But I'm trying to compare apples with apples, and trying to avoid any variable. I hadn't thought it would prove such a challenge.


p.s. Actually now you mention it, yes perhaps Tiger and Fosters are equally as undrinkable!


I would say comparing a particular brand in different countries wouldn't be comparing apples to apples. Since demand and supply economics come into picture.

I just read that Victoria Bitter(VB) is considered the working class male's beer in Australia. I think Tiger and Carlsberg enjoys the same status here.
Last edited by Wd40 on Fri, 01 Mar 2013 9:30 pm, edited 1 time in total.

User avatar
nakatago
Moderator
Moderator
Posts: 8333
Joined: Tue, 01 Sep 2009
Location: Sister Margaret’s School for Wayward Children
Contact:

Postby nakatago » Fri, 01 Mar 2013 9:29 pm

JR8 wrote:Thanks Nak,

I tried the find some more everyday brands to compare, but the bottles/cans/pack-sizes all seem to vary, I ended up almost seeing double.

Finally I think I found something close...

Woolworth - Aus
Hoegarden wheat beer 330ml bottle A$4.42 each

NTUC - SG
A 4-pack S$17.27, or S$4.32 each

With the FX conversion A$1 = S$1.26

Therefore: 4.42*1.26 = S$4.32
5.57/4.32 = The Aussie bottle is 29% more expensive that the SGn one.

Wow, who'd have thunk!

p.s.
If anyone can do a similar comparison between a global brand, something like Heineken or Carlsberg, I'd be interested to see it.


Hmm...

But interestingly, a Heineken 4 pack at CS is 14.45 SGD (11.43 AUD). No 4's in Woolies but their 6 pack is 23.95 SGD (18.93 AUD). A case of 24 is 67.01 SGD (53.04 AUD)

so...
(price per bottle in SGD)

Code: Select all

# per purchase         Oz     Singas
1                      5.20   6.40
4 pack                 5.20   3.61
6 pack                 4.16   4.54 (buy a 4 pack + 2 more bottles)
24 pack                2.79   3.61 (buy 6 4 packs)



it's not that simple then.

And also from experience, the price of beer in a restaurant/bar in Oz is 7-9 AUD per bottle/pint but in Singas, it's easily double that but in SGD.

And Wd40 has a point about local beer (psst. Have you heard about the lawsuit against bud for watering down their beer?)

Moreover, there's the how much you make versus how much you have to spend. Hence, the not-so-scientific-but-alarmingly-feels-accurate Big Mac Index: http://www.economist.com/blogs/graphicd ... y-chart-18
Last edited by nakatago on Fri, 01 Mar 2013 9:32 pm, edited 1 time in total.

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Postby JR8 » Fri, 01 Mar 2013 9:32 pm

Heineken and Carlsberg can be found in most 'uncle' convenience shops in SG (IME), and every 7-11. Maybe that's a way to compare them, find the 7-11 prices in SG and AUS.

VB. Difference there it's actually not a bad brew! I'm not an expert on Aussie beer but it might be the state beer (in Victoria state), but I've not seen it regarded as Australia's 'working man's beer'. My 2c would be that that is Fosters.

But maybe an Aussie can chip in? ...

User avatar
Wd40
Director
Director
Posts: 3936
Joined: Tue, 04 Dec 2012
Location: SIndiapore

Postby Wd40 » Fri, 01 Mar 2013 9:36 pm

I got it from good old wiki ;)

http://en.wikipedia.org/wiki/Fosters_Lager

While popular in many countries, particularly where it is brewed locally, Foster's Lager does not enjoy widespread success in Australia


The Foster's Group has tended to promote the brands of Carlton Draught (mainstream market) and Victoria Bitter (working class male market)


So VB is Foster's after all :D

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 35159
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Fri, 01 Mar 2013 9:42 pm

Not even close. Just like Bud isn't close to Michelob.

I actually like VB, but I hate Fosters everywhere. I also like Toohey's Red & Blue as well if working.


  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 1 guest