Quote:
Originally Posted by Midlifemgr
When comparing gross salaries across websites, friends, colleagues etc I realise that some companies do payout portion of the cpf to foreigners as gross salary.
Eg is $5000 salary gross for SG, foreigner gets $5850 ($850 from employer contributed cpf equivalent)
Same goes for bonus.
How common is this practice? I think only finance industry practices this. What about others?
Does your company practice this?
|
Quite common, that's how many of them even as fresh grads can afford to rent condo units at 4-5k gross.