Ask A Headhunter
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- Joined
- Nov 7, 2014
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- Is there an est based markup from the last drawn salary and also the difference in markup between being headhunted and applying for a new position? (i.e. maybe 30% of your last drawn for HH position, while 15% for applied position?)
General rule of thumb is, if you go thru a HH, there is a higher chance of getting a higher salary (but actual amount differs, can be anywhere from 5% onwards), but more importantly, there is a higher chance of getting an offer in the first place.
- What are the chances of getting a 50-100% increment? Let's say u are seriously underpaid at your current job, and the market rate for your current scope is maybe 70% more then your current drawn, is it ok to put a 100% markup at your expected salary?
Highly unlikely, unless you permanently relocate to another country.
Because unless you work for a really bad company, your salary will normalize if you perform well. (due to promotions and pay increments due to good performance) Typically a person's salary is a good indicator of whether he is a good candidate or not.
- How are allowances/ commission/ incentive treated? will they be taken into consideration as part of your main package? (As some company only look at basic and don't account for allowances..etc)
A company typically has 2 budgets. 1 is a recruitment budget (to pay to recruitment agencies) and 1 is a headcount budget. Just because you apply directly does not mean you will get a higher salary (even though the company does not pay any fees to the recruitment agency)
They also take into account internal equity. (Eg: A person with 4 years in his company is paid 5k, and your salary is 4k with 4 years experience, therefore your offer will not be a great lot higher than 5k)
- How is oversea assignment measures? and any min. duration, for it to be taken into consideration.
Typically more than 2 years to be really considered
- Also will your current expat package be taken into consideration? Or will they only see your based excluding your expat package/allowances..etc.
No expat package will not be considered, unless you are a citizen from another country coming to work in Singapore.
