At 34yo, you are still a very needed in the economy, I believe
there are jobs that can suit you better than being a TD, please
look for other alternative before you really decide to embark on
TD, taking a Taxi licence for raining days is good, to put it into
a full time job. Think twice.
Of course people tends to look at the own time, own target kind
of lifestyle job, that is natural, being a TD is one of those kind
of job. You manage yourself without having to report to anyone
or face the same ugly boss and colleague faces everyday. In
exchange, you forgo CPF contribution, Medical benefit, bonuses,
promotion, increment, annual leaves and many other benefits and
perks such as transport claim, dental, overtime, allowances and so
on. You need to focus on all these before you truly decided to be a
TD, this trade command self discipline, business and quality
service mind, which from day to day, you also will face road, paxs,
traffic, authority and other cabbies problem.
For example let look at earning power, drive cab on mean average
can take in 3k per month net, cold hard cash without CPF deduction.
In working life, you get 20% CPF deduction meaning you are left
with $2.4k, however company will have to contribute another 16% for
you, which is about $460, total money go into CPF $1060 which is
further distributed into SA and medisave. In total wage concern,
company pay you $3460 base on the basic of 3k, and if you work
overtime with allowances, you get more base on the above
percentage.
I am saying you cannot be come a TD, but by asking the rate of
pay of TD, you are actually comparing with working life pay, and if
that is the case, I can tell you that if you are earning $2,500 and
above, please do serious consideration, if you are below $2000, TD
can be an option, but if you are $3K and above, better stick to
working life. That's my opinon. At your age, you economy value to
the industrial is still very high and worthy, try to find a job, do
some partime upgrading and by 40+yo, you could be a someone on top
looking down. A man by 40+yo is at his peak of his career, by that
time, whatever he is doing will be more or less permanent, like we,
as TD, die die TD until the end, no return, who would want to
employ a 40+yo singaporean now a day, and especially so a former
cab driver, sure like to argue and do his own way. On the other
hand, as a TD for so many years, you simply cannot be able to adapt
to working life anymore, what 8am punch card or sign in, 6pm go
back, rush mrt, buses...tomorrow must complete the job, office
politics, work base on bosses mood and not yours...fcuk lah.
Yah man like bowah said try to remain in ur present job. Who
knows
when u leave they will bring in another FT to replace
u.......... then the
situation will escalate until all locals become TD then all FT
work in
the offices..........