For a Malaysian, earning Singapore dollars would be very tempting. But what if the job offer comes with a pay cut? It could be 20% up to 30-40% in some cases. Would you still accept the offer?

In this video, you will hear firsthand from a former headhunter on the reason Malaysians typically take a pay cut when they first move to Singapore to work. We will explain the reasons from a Malaysian point of view, a former head hunter’s point of view and also bring you real case studies.

If you are new to this channel, we are Fran and John, the Corporate Breakout Couple. Fran is Malaysian and John is Singaporean. We broke out of the corporate rat race in Singapore and got ourselves financially independent in 2020. We love making YouTube videos on topics like financial independence, breaking out of the rat race, early retirement and lots more!

We hope you enjoy watching this video, and do let us know in the comment section if you like it!

With lots of love - Fran and John

Timestamps:

00:00 Why White-Collar Malaysians Need To Take A Pay Cut In Singapore
01:17 1. Taking A Pay Cut
02:19 2. Case Study
06:19 3. The Good News For Malaysians
07:47 4. Standard Of Living In Singapore

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Credits

Michael Page Malaysia
Jobstreet Singapore
Nikkei
Bloomberg
IQI Malaysia
New Straits Times Malaysia
Yahoo Finance

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DISCLAIMER:

Our videos and courses are for educational purposes and are based on our own personal opinions, life experiences and learnings. Any finance-related or investment advice are merely for educational purposes only. For any financial decision, please conduct your own research, do your own due diligence and seek the advice of a licensed financial advisor or real estate consultant accordingly.
Remember, all investments involve some form of risk and there are no guarantees you will be successful in making, saving or investing money, or experience any losses.