How much you ask for your salary is a quite a big debate here in Singapore. This is the question especially from a majority of all job hunters.
The job hunters/seekers have a little idea on how much they need to negotiate for there acceptance salary.
What is my Goal for my required salary?
I was working in the Philippines with a salary grade of P20,000++, with a company car. For me, this is not enough for a family man with mortgage and utilities to pay.
I went here in Singapore, looking for a job, asking myself how much will I negotiate with my employer? After 4 days from my arrival, someone called me for an interview...yes, an INTERVIEW! This is big and fast, job seekers can relate this timeline with me.
I computed all my expenses and soon-to-be payables in a month:
Tuition Fee for my kid / 12 months
Bedspace Rent in Singapore
My food in Singapore
Add them all up and got a total of my expenses. I then add a percent of savings, about 20%, of the soon to be salary. So this will make my expenses as 80%.
How I did my computation?
My total Expenses are = P50,000 a month (80%)
Savings = 20% of my soon-to-be salary
So, my savings should be P12,500 and the salary that I must negotiate should be P62,500 (S$1,800) minimum.
How to Negotiate?
OK, I have done my homework, setting my salary grade, and have practiced my interview answers. I went to my my interview location 10 minutes before the time. Complete with long sleeves, slacks and black formal shoes. I brought along all my documents and my speaking skills.
The interview went well and the last question was...What is your expected salary? Without any hesitation, I answered S$2,200 (P72,600).
How did I come up with this salary grade of S$2,200 far from my computation?
Just what I said, my computation is minimum and this is also the MOM (Ministry of Manpower) minimum salary for my occupation.
This is negotiation time and besides, the word "Expected" is not a period.
By the way, the trick is...I told them "My expected salary is S$2,200, but still depends on your Company's budget!"
How much did I signed?
I came back the next day for the contract signing. I was excited to have a job in Singapore and so happy that my Tourist Visa will be converted to a work permit.
So, I looked and read the contract. To my SURPRISE, I saw the figure for my salary as.....S$2,000.
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