I am trying to understand how truly private and personal are compensation information in Singapore, and was thinking that some of you may have experience or know something on this.
Use case
Expat got hired by company X, got an EP and moved to Singapore in the beginning of 2013, and is currently working at the company. No taxes got paid and relative declarations have been filled yet, since the period to do so for the current year will be in the beginning of the next year.
He gets another interesting possibility for changing his job by another company, company Y , interested and looking to make him an offer.
- would company Y have any chance to discover how much he is currently making - before to make him the offer, or even later in the future when maybe he is working with them?
- they maybe can get access to those information through the MOM, since they would have to ask for an EP renewal?
- OR/AND they would not be able to know his current salary before to take him onboard BUT, during the beginning of 2014, while preparing the taxes documents for him (that in the meantime joined), they would easily understand how much he made before?
Thanks in advance
