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Is this a good deal?
Posted: Sun, 12 Nov 2006 2:42 pm
by tone1981
Hi all,
Looking for some advice...
I've been offered a job with a company in the insurance industry in Singapore with the following package:
All in S$ per year
Basic 108k
Transport 12k
Housing 54k
Bonus 17.5% of basic
I'm single and in my 20's
Good deal or not?
Thanks
Posted: Sun, 12 Nov 2006 6:47 pm
by jpatokal
Are you going to be the CEO or the accounting clerk?
But overall that sounds like a pretty good package you've got there, you'll be very well off by Singapore standards.
Posted: Sun, 12 Nov 2006 6:50 pm
by micknlea
Not bad at all, but of course as poster above said, it does depend on the job you are doing!
Posted: Sun, 12 Nov 2006 7:04 pm
by tone1981
sort of middle management and coming off 42k in london
how is the cost of living? housing looks a lot more expensive...
Posted: Sun, 12 Nov 2006 9:21 pm
by hello_20
It depends where you plan to stay. $54/year can go a long way even in a good location. Most of the good location, depend on the size of the apartment, cost between $2k to $4k (2 to 3 bedrooms).
Your overall package is considered very attractive. Let me know if you need more info.
Cheers.
Posted: Mon, 13 Nov 2006 2:00 am
by tone1981
2-4k?
My potential colleagues have recommended a few places in the River Valley area?
The
condos there seem to be about 5k a month!
A lot more than i'm paying in london...
Am i missing something?
Posted: Mon, 13 Nov 2006 9:52 am
by Bremen
tone1981 wrote:2-4k?
My potential colleagues have recommended a few places in the River Valley area?
The
condos there seem to be about 5k a month!
A lot more than i'm paying in london...
Am i missing something?
river valley flats vary in cost from 2-6k. The 5k ones are very very nice.
The package offered to you is extremely good. I'm here in SG on about a quarter of that.