Company transfer from HK to Singapore

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  1. #1

    Join Date
    Jul 2015
    Posts
    12

    Company transfer from HK to Singapore

    Hi all.


    I'm considering a move to Singapore at my own initiative for various personal reasons and have an opportunity to transfer in my current position with my company.


    However, before I start the discussion I would like to understand what some of the things I should consider as part of the negotiations with my boss. Would appreciate any feedback from those that have made a similar move from HK to SG or vice versa.


    Also can those with experience comment specifically about the how the salary maybe adjusted for the move? Should I expect an up or downward adjustment given the slight difference in cost of living and the current fx rates?


    Thanks.


  2. #2

    Join Date
    Jul 2015
    Posts
    12
    Original Post Deleted
    , thanks for the reply. For the salary conversion I wasn't sure what companies would do and was concerned if I had to take a downward adjustment.

    If it's a straight conversion at the current spot that would be good. Or if they take a historical average then I might expect a cut.

    Need some more data points. Hopefully some more replies.

  3. #3

    Join Date
    Mar 2010
    Posts
    6,745

    You should be very careful about conversion rates, companies tend to be very loose about it.


  4. #4

    Join Date
    Jul 2015
    Posts
    12

    I'm in the banking industry. Support related functions.