Should I Jump Ship?

Originally Posted by Unregistered

Ahhh..then it makes a difference. Not married, no kid, can take risks. Verdict: 40% jump in base, bonus guaranteed, better brand name, interest (some?) in the job scope. I will take it. If i get laid off later, at least i still have a good name on my CV (quite impt if u've never been in one) n negotiate for future roles based on this new high basic.

All the best mate, congrats and don't forget to help fellow singaporeans here in future when they need advice

It does not matter if he is single. Its a high risk, low reward move. You are already drawing 115k total and as long as you stay in your job, it will keep increasing.

Never move to a contract job. You can never convert back to perm. The next jobs you find will all be contracts.

And anyway if you are already working in a bank for so many years, you should already know all of this.

The fact that you still struggle to make a choice does not really speak well of you actually.

Originally Posted by Unregistered

It does not matter if he is single. Its a high risk, low reward move. You are already drawing 115k total and as long as you stay in your job, it will keep increasing.

Never move to a contract job. You can never convert back to perm. The next jobs you find will all be contracts.

And anyway if you are already working in a bank for so many years, you should already know all of this.

The fact that you still struggle to make a choice does not really speak well of you actually.

Yea I'm a bit surprise TS still struggle for such obvious choice. Also I don't buy the logic that you can just use high base salary in a contract to bulldoze your way to bigger pay. HR is not that stupid actually.

I am doubtful bank's HR will be impress enough to offer high basic pay for a contractor doing essentially junior level biz analytical work... Maybe in 2007 when money is everywhere and not enough people to fill up jobs, but definitely not now in 2016 with so many candidates on contract/unemployed applying for perm roles.