Quote:
Originally Posted by Unregistered
No, the new 12-month TC requirement will not apply retroactively to qualified persons who passed pre-2023 Part B exams.
Go to Question 5 of the FAQ document at:
://.mlaw.gov.sg/news/press-releases/law-ministry-accepts-recommendations-to-strengthen-professional
On an unrelated note, the cynic in me thinks that the most recent salary revisions by the Big4 are to cater for the anticipated +6 months' TC, and there won't be any further adjustments in 2023 to reflect that law grads will spend additional +6 months drawing trainee allowance/pay (which is ~1/3 of an NQ pay). They're not doing this out of the generosity of their hearts nor fear of losing talent.
Which is still a net detriment to the 2023 batches. Thoughts?
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But will any firms offer him a six month TC if he is applying for a TC during the 2023 batch when most TC on offer are 12 months. Probably a demand and supply issue then..