To those that are earning Salary More than RM 5K (Working in Msia) & Age below 28.
(I presumably u graduate at age of 22/23, after 5 yrs of experience, RM 5 K seems reasonable, though I think age of 25-26 earning >RM5K is also possible)

I Need ur advice !! What is ur occupation currently? Position ? What the "Factors" that make you earn more than others?
Eg.
1) qualifications?
2) line of work
3) how u got the position and tips!

You can be ur own boss/ employee, just share ur tips!!

It really depends in which industry you are in and what sort of person you are.

do your own biz.
I am sure u can get this

i think depend how hard working and high EQ you aare.

Is it how u get the 'Dispute' from ?

It all depend where you put your ass on, and your working attitude.
Obviously, you have no working experience and don't know whats happening around on the job market.

I was about 27 when I joined a company that paid me >RM10k/mth (before tax and other deductions). It was a local investment bank to be exact. Before that, I was earning around RM6.5k/mth, also in the financial line. So, earning >RM5k/mth at age 25-28 is definitely possible in Malaysia, but depends on your qualifications, and what industry you're in.

maybe its good for the experienced people state how do they start off. and how do they go on in their field. can be guide for us newbie to start working life.

same situation as laksamana but not as high as him but my bonus is damn good. financial line is a good way but make sure that you are in right department and have the right skills.

Want to earn 5K before you're 28... it's simple. Become an airline cabin crew member. You'd easily top 5K once you move to widebody and intercontinental flights.

As for the merchant bankers... ya, I guess some of them earn a lot very early. But we should note how hard they get worked, how much they travel and how much stress they undergo.

You can earn lots too as a trader (forex, shares, commodities etc). But you can't sleep (one mkt closes, another opens) and forever stressed by the fact that you can (and do) lose a lot of money real quick too.

So, if you are very young, have no exceptional experience or prodigal skills, trust me. Any employer paying you well over the average will extract their pound of flesh from you.

Oh, ya if anyone wants to earn S$370,000 per year when they are 32 years old, join the Singapore civil service. 370K is the starting salary for superscale and the average entry age into superscale is 32 years old. But the job interview starts when you're 4 or 5 years old when your parents try to get you into one of the elite primary schools in Singapore. And the interview doesn't stop until you go through a top Junior College (secondary school), then Ivy League or OxBridge with top honours (not those rubbish "high" CGPA stuff but top few in your graduating class etc) on a govt scholarship and 8 years of govt bond. You have to keep beating your peers every year, every exam, every appraisal to stay in the game... how's that for stress?

wonder how much an engineering-field manager earns? mechanical line? not project manager..

Bragging is it?

The nerve of you! I'm just being matter-of-factedly here!

hey, what is ur qualification?

What the heck did you expect when you clicked on this thread? Do you go into strip clubs without expecting to see naked women?

I'm 26 ... but only earning 40k/yr with 2 yr experience T_T ... don't know when only can "cecah" 6-digit income/yr ... what I've noticed in financial line is that if u want to earn big bucks u have to go to the "performance" side of the business (i.e. where if you perform, the company gets huge profits). I'm in the ops side, and no matter how good I perform the company doesn't really "feel" it ... so ... gotta find other job soon

join oil and gas company.. right after graduating, u'll be earning >10k permonth working offshore or working in some arab country.

right i'm not yet earning more than 5k ...but for me experience and the knowledge will pay us more ..

some of my colleague in SHELL , got 7-8k per month before they reach 30 years old .

my salary is around 4-5k ...but i will got more than that ,since my manager will increase my salary after being permanent ..


my age ? 25

Dude, look at the title of the thread and think first before u spew out such words, he merely just replied saying it is possible and the market is at finance.

anyway i think instead of just random answers, it would be better if some tips are given out?

1) qualifications?(just general would do i guess)
2) line of work
3) how the heck u got the position and tips!

something like that i guess
nice thread btw..lolz

haha.. that's risky job man.. that's why the pay a lot.. ever heard of accident on the plant.. a big no no for me..

How much you want to earn is all depend on your working attitude. Qualifications in paper no doubt can bring you into well-established firms more easily. However, to secure your butt in there with high pay, then you better get ready to undergo or be able to take some stress, show your brain juice to your bosses, work smart and hard, treat your office/work place as your 2nd home, treat your colleagues well but don't get too close with each other, at least in office (some bosses don't like it). Remember, your boss hire you to raise the company revenue, directly or indirectly.

Your boss may login to LYN at this hour to find ways to mod his PC case but not you, unless your action is able to bring in revenue for the company. So, show him what you have got in your brain to help him, do what he says, but don't do what he does.

wow >5K b4 28, i still got 2 years to catch up

If u want higher go into Oil & Gas. very good pay but no life.

Finance/ accounting, u hv to work like dog.

Just take and give, normally high pay is not easy job.

In IT industry is it even possible to earn more than 5k before 28 years?

yes, if u're manager, or sales IT personnel which comes from commision

Degree in Finance. Started work when I was 22 yrs.

got exchange emails with a senior in the past:

0. IT degree grad - 0
1. junior engineer - 1 year (acquired ccna)
2. industrial automation engineer - 1.5 year (learned alot about industrial communication protocol)
3. network engineer in public listed company - 1 year (work on IP communication, acquired CCVP, some Cisco IPT Specialist)
4. network consultant in MNC - current job (job focus on ip communication, preparing CCIE Voice)

currently he's 24 years old, basic RM4.5k with other allowance.


Money = your worth(willing to learn, good attitude, certificates, skills) + opportunity(daring, open for changes, people network, goals)

i want to catch up with him, now 22 years old still RM2.xk. sigh....

Of course, I just turned down a job offer > 5K just to remain in my hometown. Man power cost in Malaysia is indeed rising

Actually, I was pursuing my ACCA !! Now, I m ACCA Finalist. (still part time student)

22 Now, working as Account Officer, study part time!! Who said I don't know the job MARKET ?? But, I would like to change field into teaching/tutoring !!

Can u share ur experience in the industry? What is ur first job? Do u think MBA is necessary?

I hope someone that have real experience can share their story with me!!

Answers like IQ, EQ, working attitude, luck, what indusrty u are in, how attractive u r are acceptable, but do u mind to elaborate it further ?

Hmmmm ... Bear in mind that the cost of living is also escalating rapidly ...

the more $$ u r paid, the more stress you will get. rewards come hand in hand with responsibilities. u wanna earn a lot? go work in iraq. u get paid lke USD 2 or 3k per day as allowance. thats what my fren told me anyway (his company offered him the job but he chose not to risk).

jobs which are related to $$ (investment, trading, etc) will reward u wif $$ more than other industries.

Age: 28
Line of work: Consulting & architecting of solutions
Company: MNC
Qualifications: Higher Dip + industrial certifications + experiences

Advise/Tips:
1. Learn to make decisions
2. Take on new challenges
3. Identify & manage risk well
4. Process oriented
5. Work hard + smart
6. Know yr work well, both technically & commercial sense.
7. Identify your skills & values then sell yourself well
8. Need lots of luck!

What's your job title?

yes it is possible. try those data centres that does shift works



22 going to 23 this year. i got lucky, just accepted a job where the basic is more than 3.8k (not gonna reveal the exact amount, some of my colleagues are reading this )+allowances.

what i can say is good luck, work hard for the things u want

wat exactly u're doing rite now? give me some hint k?

want to earn more than 5k.
its all depend on u.
in my opinion being ur own boss is te better way to get it!
biz have no limit in ur profit.
any of the marketing can be adjust to get better result!
as robert t kiyosaki said..
be the B and I ppl.!
Business and Investment.
you get freedom!
so try it hard.!
i'm 20..
going to start my own biz soon.
dance studio.
and some more biz in the market.
kambate together ba..

Well all i can tell u is
make sure u mix with the right kind of company

it doesnt have to be dull friends etc.. or the working hard kind of type
choose the lifestyle base on the risk u can take.. legal or illegal or gray area
then decide who u want to mix with and what u want to venture into.

also remember nothing is ever set in stone...
earning good now doesn't guarantee it will go on in the future so keep working on new ideas..

IT industry also. no hints 1 lar...just work hard



gotta agree with ya. even if u alwiz fall and fall and fall. dun give up easily. i've been into those situations b4 dats y i am not giving up easily

IT jobs: reputable degree (most probably studying abroad), few years of qualifing experience, professional certificates, right skills and competencies

Lines of business (in large MNC organisations):
Information Security and Compliance
Unix/Linux
Telecom
SAP or other ERP
Oracle or other DBMS

there's also working for the police/JPJ/Customs/Immigration etc etc. Govt bodies which have authority in one area or another. your basic pay may be pittance, but the opportunity to make 'extra' income is almost limitless.

but of coz u'll need to start somewhere high, not rank n file. and u have to be able to play smart and not get caught. and higher up you are, the more power u wield. and business comes looking for you.

thats the good thing about m'sia. opportunity to make money is always there, just depends on how u're outlook is on the matter.

i start my first job RM1500 when i'm 23 year old as IT programmer in local vendor
After 5 year working experince , now working in MNC and
my total annual income around RM65K

i got the 3rd class degree in computing
but it won't cause my trouble on looking job and better offer.

great . !

i'm just a diploma guy and i'm earn almost 5k now ...

for me ...it is all about skills and experience...just be confidence and believe within yourself

Company will never pay extra to the employee. This is a FACT!

---edited---

is this ur resume , dzinergy ?

cool ..

I am going 28 soon. I only have Higher Diploma... but I have people age 32 working for me. All my staff are degree holders and I have a fresh graduate MBA under me too

My point: Qualifications is very important in most cases. But experience is worth much more than the paper. Try to explore more. Money is not the number one thing when you are young. Exposure is... So go the extra mile.

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Added on May 6, 2007, 12:13 pm

Summary

from all the response so far, those earning > 5k & under 28 are working in MNC ...
is this mean i should go for MNC too ?

Actually the main reason why MNC can afford to pay more is because of our currency exchange. Imagine if you're an MNC from US and your revenue is in US dollars. In 1996 with an exchange rate of 2.4 , say an engineer can get RM 2K/month average. That would be equivalent to 833USD/month. Now the currency has gone up to 3.5-3.6 and engineer now get 2.5-2.7K. That would be equivalent to USD714-USD771. As you can see from US company point of view, their operating cost has drop and that's why I believe they're willing to pay slightly more now.

Slightly out of topic but RM5K is really nothing nowadays. 5K can only buy you say a small 1000sf condo and perhaps a 50K-60K car. It's just middle class, no big deal. It's not a lot at all.

RM5k is really not much if you are married with car loan, house loan and childrens. That is why these days both married couple have to work to share the burden

Also it is not how much you can earn that matters. It is how much you can save. The more you earn the more expensive things get.

Yap, very true like what Robert Kiyosaki mentioned, at the end of the day it's not how much you can earn but how much you have saved.....I have a friend who earn RM6+++ by 26 years, but only capable of saving RM800-900 a month....and he's single but he loves big ticket item.....last few months just upgrade his car to a new Honda Accord....

Outer looks only....inside kosong....

---edited---

Me, 24 yrs old.
Working in MNC company as Network Consultant.
Qualification: NCC Higher Diploma and some cisco certification
Total package: RM5,000 (just enough to meet this post requirement... ooops short of RM1 to MORE than )