Hi all,
I am switching jobs in SG and my new employer will apply for EP soon.
I work in the financial services industry in SG and have 8 years of work ex. My current salary is 7,700 sgd per month and the offered salary is 11,500 per month (50% hike).
In my current role I was underpaid vs market avg due to problems at the company.
The offered salary is fair compared to market avg for this role.
But I know MoM focuses a lot on salary hike vs previous salary. Do you think this could be a concern as I apply for EP in April 2022 and how to best tackle it?
One possible solution i am thinking is to use this offer to get a raise at my current company to say 9k and then the hike is just 30%. What do you think?