This was what i had posted in another topic for reference
:
Let me share a cruel hard fact gathered that can be seen in
singapore irregardless of individual opinion of being proud or not
proud to be a singaporean.
The number of foreign talent in most company are growing relative
to the local. Reason, most company especially mnc are employing
cheap labour from oversea especially india to do project. They
employ a fresh graduate from india which cost them only around SGD
800 per month compared to a fresh graduate from local university at
around SGD 2k+. So for the pay of one local fresh graduate, they
can get 3 indian to do the same jobs. Once these indian came over
and learned all the required skill to replace singaporean. The
project will be outsource to the indian team setup in india.
Operation like call center, administrative, IT work, many more etc
all shifted to india leaving singaporean jobless. That's why you
hear retrenchment here and there. Furthermore, the foreign talent
also came over to singapore to compete with the local for jobs that
has not or cannot be shifted. They are hardworking, less demanding,
no NS liability, willing to take a lower salary compared to
singaporean. So why these pple are willing to take on such a lower
salary?
Let's see some statistical comparison.
Comparison between indian and singaporean fresh engineering
graduate.
Indian Fresh Grad
Expected salary range : SGD 800 - 2000
Total Education cost until Tertiary Pre-U Level : SGD 200+
Total 4 year University Fee in india (Gov Subsidized) : SGD
900+
Total 4 year University Fee in india (Private) : SGD 1400+
Cost of living in India : Low
Cost of Meal in India : SGD 0.20 per decent meal
Housing in India : SGD 20,000 for a landed property
NS Liability : No
Hardworking : Yes work days and night
Note : Their one month pay plus allowance in singapore will cover
their 4 year tertiary education fee. It is no wonder these indian
dare not spend too much in singapore while working in
singapore.
Singaporean Fresh Grad
Expected salary range : SGD 2000 - 2500
Total 4 year University Fee in Singapore (Gov Subsidized) : SGD
20,000 +
Cost of living in Singapore : High
Cost of Meal in Singapore : SGD 2 per decent meal
Housing in Singapore: SGD 150k for a HDB Flat Leasing
NS Liability : Yes
Hardworking : Depend
How long will it take for a singaporean fresh grad to pay off his
university fee?
Why be a singaporean?
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