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Things aren't so straightforward if you put politics into the picture: that the government has a responsibility to take care of the citizens; and that foreign workers can retire comfortably back to their home countries. The main problems: (1) government takes good care of big businesses and foreigners, more than citizens. (2) foreigners are willing to work for less because they can save up and be rich when they return home. (3) at the other end of the spectrum, the rich foreigners push up prices of houses and cars and services. (4) though some foreigners pay tax, most of them don't need to serve NS and they have no emotional ties with this country - they can always leave and they always have a backup abode that will welcome them any day, while citizens here have no place else to escape to. |
Advise needed
I was offered just 10 per cent more than a fresh diploma grad pay (engineering role) in this particular company. Even so, its almost a 20% cut to my current salary.
Im willing to take the cut up to 10%. I have 3 years experience in the pharma industry. I really like to get myself the job and i asked if there is room for nego but the hiring manager (from HR) said no immediately on the phone. So no chance of counter offer even if i reject? |
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What kind of companies do not know the market? 1) Basically, it's a MNC that's hiring its first employees in the region. 2) Companies that want to expand its base in China, and are looking for bilingual people. In this case, one is actually the bridge between non-Chinese and Chinese, since one can speak both English and Mandarin fluently. Based on my previous experiences, this worked. On my first try, I got 54% increment. Few years later, I left. On my second try, I got 57% increment. I'm now waiting to start the new job. |
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If not, my advice would be to look/wait for another job. And when asked about your current salary, state your desired new salary instead, but claim that it is your current salary. There are almost no companies which will offer their jobs based on what it is worth. Instead, companies will choose to pay the minimum they can get away with. |
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Most companies ask for your payslips, but you can nego saying you have allowances, and performance bonus, etc, or state you are due for promotion soon.
In my last job, I was due for promotion, so I insisted with my interviewer to pay me XX % on top of my promoted salary.. In the end, they did not ask for proof of my promotion, although i did indeed get it. so I up 45% from last drawn salary. |
to add, you should nego with your hiring manager or interviewer, most HR in a company are mostly administrative, they get the budget to hire from the directors, or hiring managers.
SO its up to the hiring manager to up 1k or 2k or XXX to your salary, the hiring manager will just tell HR to process and get the guy in. No questions ask. HR not very powerful to block you going in. In any company, for a grade there is a salary ceiling, if the boss/hiring mgr is not too niao, he will likely grant your wish. Unless you are asking for the sky, then you may be rejected. esle, hiring mgr will be able to get through to HR to pay what you ask for |
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It's ok to BS a bit about your job scope, leadership skills, appraisal, size of project etc, but to directly lie about actual verifiable numbers is taking a big risk. Like you correctly point out HR will ask for your payslip and bonus letters, you will then be forced into a corner and either have to admit you were BS-ing earlier or cover the first lie with a 2nd bigger lie. Coming out with a tall tale like you were actually paid allowances, bonuses or some dubious cash items "off the record" or some huge promotion is coming "soon" is a big red flag for any seasoned hirers. You won't be the first one that try this stunt and unlikely you will find someone dumb enough to believe that. Most big MNCs have to submit their offers to C&B dept for approval and quoting off the market wages & bonuses will sometimes trigger internal audit. |
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