maid loan and agency fees

With most families being dual-income-with-kids, outsourcing home cleaning and home economics to domestic helpers is almost a way of life for Singaporeans. Come in and discuss issues pertaining to maids and home management.

Placement Fee

Postby gumiho » Thu Feb 24, 2011 3:27 pm

Please advise why is the Placement Fee so high ?

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Re: Placement Fee

Postby verykiasu2010 » Thu Feb 24, 2011 3:31 pm

gumiho wrote:Please advise why is the Placement Fee so high ?


1. profit need to be maintained
2. cost of running the agencies eg office rental might have gone up
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Postby gumiho » Thu Feb 24, 2011 4:32 pm

Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)

Total : S$3788.00


That is consider a huge amount to collect from Employer solely for a maid.

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Postby Funx3 » Thu Feb 24, 2011 4:37 pm

gumiho wrote:Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)

Total : S$3788.00


That is consider a huge amount to collect from Employer solely for a maid.


Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?

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maid loan and agency fees

Postby letlive » Thu Feb 24, 2011 5:00 pm

Hi, i have just heard from an agent that come april 2011, the new maid's loan will be borne by employer as part of agency fees. i cannot seem to confirm this news from the mom website. As anyone heard about it or is it jus this agency's tactics to get me to hire sooner than later? thank you for help.....

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Postby gumiho » Thu Feb 24, 2011 5:11 pm

Funx3 wrote:
gumiho wrote:Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)

Total : S$3788.00


That is consider a huge amount to collect from Employer solely for a maid.


Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?


Lumpsum.
Understand the Agency Fee will be double if pay by Postdated cheque.

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Postby Funx3 » Thu Feb 24, 2011 5:52 pm

gumiho wrote:
Funx3 wrote:
gumiho wrote:Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)

Total : S$3788.00


That is consider a huge amount to collect from Employer solely for a maid.


Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?


Lumpsum.
Understand the Agency Fee will be double if pay by Postdated cheque.


Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again?

Funx3
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Postby verykiasu2010 » Thu Feb 24, 2011 5:58 pm

Funx3 wrote:
gumiho wrote:
Funx3 wrote:
gumiho wrote:Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)

Total : S$3788.00


That is consider a huge amount to collect from Employer solely for a maid.


Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?


Lumpsum.
Understand the Agency Fee will be double if pay by Postdated cheque.


Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again?


multiply that S$3788 by a thousand maids a year = S$3,788,000 income per year for the agency
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Postby gumiho » Thu Feb 24, 2011 5:59 pm

Funx3 wrote:
gumiho wrote:
Funx3 wrote:
gumiho wrote:Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)

Total : S$3788.00


That is consider a huge amount to collect from Employer solely for a maid.


Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?


Lumpsum.
Understand the Agency Fee will be double if pay by Postdated cheque.


Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again?


Nope. Their loan will extend additional 1 or 2 months, depend on the Maid Agencies.

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Postby Funx3 » Thu Feb 24, 2011 6:03 pm

verykiasu2010 wrote:
Funx3 wrote:
gumiho wrote:
Funx3 wrote:
gumiho wrote:Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)

Total : S$3788.00


That is consider a huge amount to collect from Employer solely for a maid.


Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?


Lumpsum.
Understand the Agency Fee will be double if pay by Postdated cheque.


Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again?


multiply that S$3788 by a thousand maids a year = S$3,788,000 income per year for the agency


Waliao verykiasu2010 U Very FAST Calculate -le!
May Be Can Consider Change Vocation to .... MAID AGENCY- Cum - LOAN AGENCY? (So Much Money Come in Fast and Interest-Free Too!)
:wink: :wink:

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