Scholarship vs Pay

Hi there, I am currently less than a month into serving my 2 years scholarship bond with company A. I just got an offer from a very reputable MNC offering a 20% pay increase and 3 months AWS with other benefits as well. My current company does not have AWS but has an EOY bonus (~1 month) as claimed from colleagues.

I am thinking of breaking the bond to pursue a higher remuneration but am afraid of leaving a job for something unknown. For context, my current company has a great environment and is comfortable whereas the MNC might need me to go around sites to supervise projects. What should I do?

Breaking the bond will require me to pay back $41k which should be comfortably paid off with the new MNC package.

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YOC

01 Aug 2023

I never feel it is a good thing to break a bond unless you have valid reasons.

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Chris

15 Jul 2023

If I were you, stay to serve my 2-year scholarship bond first. To shorten the corporate ladder, would prove my worth is above the scholarship given. Should I not be placed at a "launchpad" (i.e. feel valued by management) after serving the bond, will consider finding another job to move myself up. By then, you could leave with your head high (i.e. fulfilled your bond obligations) and should feel more confidence in taking up any work challenges. Just my two cents.

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Joey Koh

14 Jul 2023

I don't think the 41k payoff works that way - since u need to pay upfront. the 3month AWS comes at e...

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