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is this 1 year contract worth?

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  #1 (permalink)  
Old 24-01-2013, 04:21 PM
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Default is this 1 year contract worth?

A company offer me a 1 year contract. I am a diploma holder.

They offered me $2050. Which has no AWS, bonus and salary increment.

I am not entitled to specialist clinic and hospitalisation benefit.

And my one month gratuity entitlement amount is also sujected even through I have completed one year contract.

Do you think is worth?

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Old 24-01-2013, 04:29 PM
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It all boils down to needs.
In a perfect world, it's a crappy contract.
If you think they need you more, negotiate for more. It won't hurt at all.
If you think you need them more, don't bother asking in this forum.

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Old 24-01-2013, 05:25 PM
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Quote:
Originally Posted by coloursquare View Post
A company offer me a 1 year contract. I am a diploma holder.

They offered me $2050. Which has no AWS, bonus and salary increment.

I am not entitled to specialist clinic and hospitalisation benefit.

And my one month gratuity entitlement amount is also sujected even through I have completed one year contract.

Do you think is worth?
are you a fresh grad?

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Old 24-01-2013, 05:45 PM
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Quote:
Originally Posted by BubblesAirHead View Post
are you a fresh grad?
i graduated during 2011. with 1 and half years working experience.
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  #5 (permalink)  
Old 24-01-2013, 06:01 PM
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Quote:
Originally Posted by coloursquare View Post
i graduated during 2011. with 1 and half years working experience.
Contract jobs is pro employer and employee are usually left hanging with everything to lose.

At the end of the contract, you still face the possibility of being out of job again.

Moreover, the pay is not fantastic to compensate the benefits.
For example, you fall sick and have to pay 40 dollars medical fees from own pocket everything.

At the end of the day, what matters is not the pay issued, but how much you can bring home deducting all this expenses.

However, after weighing these factors and you decide to take up the job, at least you will not be caught unaware.
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Old 24-01-2013, 06:18 PM
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Quote:
Originally Posted by BubblesAirHead View Post
Contract jobs is pro employer and employee are usually left hanging with everything to lose.

At the end of the contract, you still face the possibility of being out of job again.

Moreover, the pay is not fantastic to compensate the benefits.
For example, you fall sick and have to pay 40 dollars medical fees from own pocket everything.

At the end of the day, what matters is not the pay issued, but how much you can bring home deducting all this expenses.

However, after weighing these factors and you decide to take up the job, at least you will not be caught unaware.
quite true...will think about it. Tml I need to give them an answer. BubblesAirHead Thanks for being so helpful.
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Old 24-01-2013, 09:12 PM
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r ur degree from private sch?
2050 seem very low for a grad
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Old 24-01-2013, 09:15 PM
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Depends .

R u trying to break into a new function/industry with no experience ?
Example, jumping from MNC to bank etc

If so, then i might take it because experience may lead to my next job if i am getting no where in my current role

dont just think about the pay in the short term. Make sure u know why u r taking this role and for what.

Anyway, take 1 year can still serve notice right if u find something better.

And when u are young, must be able to take the risk eg hospital and medical .. do u really need it


Quote:
Originally Posted by coloursquare View Post
A company offer me a 1 year contract. I am a diploma holder.

They offered me $2050. Which has no AWS, bonus and salary increment.

I am not entitled to specialist clinic and hospitalisation benefit.

And my one month gratuity entitlement amount is also sujected even through I have completed one year contract.

Do you think is worth?
Reply With Quote
  #9 (permalink)  
Old 24-01-2013, 10:55 PM
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Join Date: Nov 2011
Posts: 10
coloursquare is on a distinguished road
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Quote:
Originally Posted by lazyplane View Post
Depends .

R u trying to break into a new function/industry with no experience ?
Example, jumping from MNC to bank etc

If so, then i might take it because experience may lead to my next job if i am getting no where in my current role

dont just think about the pay in the short term. Make sure u know why u r taking this role and for what.

Anyway, take 1 year can still serve notice right if u find something better.

And when u are young, must be able to take the risk eg hospital and medical .. do u really need it
i got 1 and a half year of healthcare experience.
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  #10 (permalink)  
Old 24-01-2013, 10:57 PM
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Quote:
Originally Posted by Unregistered View Post
r ur degree from private sch?
2050 seem very low for a grad
Nah...local diploma. So do you think worth my diploma without all those benefit?

I got one and half years experience in healthcare.
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