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 Lets Talk Salary! v3

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lexiqa
post Jun 1 2010, 05:20 PM

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dont tell me 100% of the 74% ppl all earning more than 2k?
newbie99
post Jun 1 2010, 05:27 PM

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QUOTE(lexiqa @ Jun 1 2010, 05:20 PM)
dont tell me 100% of the 74% ppl all earning more  than 2k?
*
Of course not, since tax evasion is so rampant, a significant % of that earns more than 2k. I dont have any evidence to support my claim, it's just what i observe from checking with the hawkers
lexiqa
post Jun 1 2010, 05:31 PM

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obviously not those self-employed ppl lar. im sure most of them dont even file a tax number at HASIL.

most ppl are working w companies. it's not that easy to evade when ur salary is clearly printed on ur payslip every mth kan?
elh1220
post Jun 1 2010, 09:36 PM

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[quote=calcom21,Jun 1 2010, 01:47 PM]
No one is trying to be hero here. If you think that RM5k is too high/low for a banking line, then by all mean give you valid reason and if you know who much ppl in banking lines are getting. Like told you, it depends on department. If you wanna me to reveal what department is that, i'm sorry i can't say much of it. I'm not getting anything from here. Just sharing info. I have friends working in accounting (Big4/ commercial) and banking lines and from executives to higher management and bet you have too. All info ofcourse from what they have told me. But how true it is, i can't say it's 100% accurate but i trusted what they told me and it's within the range. No point for me to jack up the price/ lower it. But if you have more info, please share. And for your info i got offer from a banking department before. Offer is no where near what im getting now. So that's from my friends info and offer from the bank, i know roughly how much a person is getting and also the previous person is saying "executive" that is also a general term. A person can be executive, senior executive, VP also consider as executive. So how you define it? We all here to share info and not argue. If you think my info is not right, then you can provide more accurate info. Or anyone from banking line can enlighten me if i'm wrong. I'm happy to get ppl's view

Added on June 1, 2010, 1:50 pm
only RM1,500 even with degree or professional paper.. shocking.gif u gonna be kidding... mega_shok.gif


Added on June 1, 2010, 12:13 am
only RM1,500 even with degree or professional paper..shocking.gif u gonna be kidding... ohmy.gif
*

[/quote]

It's true. If you check statistic, a lot of them earn less than RM2k


Added on June 1, 2010, 1:55 pm
Not really sure about engineer. But from my experience in audit. The pay you getting is reasonable. Within 1 yr you getting RM500 increment that is a lot. It works out to be 25%. All from the rest of the benefits, it's quite good too. Flexi working hour, and dental (not many co having this). Any other from engineering mind to share their view?
*

[/quote]


Thank you so much.. But some company offers 2.6k or 2.8k for fresh graduate. increment can be up to 1k within 1 year.

This job exposes me to Upstream but salary is a bit not ideal and match to it.

If the salary is suficient for me to survive, I dont mind but life is abit tough when having responsibility to my family(parents and bro).
Sigh....
FantasyLife
post Jun 1 2010, 11:03 PM

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feel kinda of lost to my future now... cry.gif
lexiqa
post Jun 1 2010, 11:06 PM

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don't lose hope.

just keep on working hard. to lose hope is to give up.
elh1220
post Jun 2 2010, 08:05 AM

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I felt lost too sometimes...But we must not give up hope. Jz appreciate every opportunity we have in front and grab it. It may turn up to be good in upcoming future shortly...Cheers
TommyTan
post Jun 2 2010, 09:38 AM

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Its all about opportunities.

You probably land in a 2K+ job for starters.

And you might get 10K a month working 1 hour a day like some other guy in some thread here.

What's important, is to secure stable income to meet your personal needs.
Starbucki
post Jun 2 2010, 09:59 AM

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It's easy to lose hope when people here tell you that fresh grads earn 2.5k, and those with 3 years experience get 5k.

What you don't see and hear are fresh graduates who find it difficult to even get a 1k clerical job.
MacaroniNcheese
post Jun 2 2010, 10:11 AM

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Job Title : Field Engineer
Job Desciption : Oil and Gas Offshore and Sub sea installation
Years spent in company : 2 Years
Company : Oil and Gas
Industry : Construction
Tenure : Permanent
Employment Level : Project Management
Experience before joining : Fresh graduate
Salary : RM 4500 + Offshore allowance 50 USD/day
Degree: Bachelor of Mechanical Engineering
Working hours: Office 8am to 5pm
Offshore: Fuked up hours. Work until tired sleep everywhere. offshore for months, NO LIFE..... doh.gif

I am totaly under paid........ icon_question.gif icon_question.gif icon_question.gif
TommyTan
post Jun 2 2010, 10:25 AM

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QUOTE(Starbucki @ Jun 2 2010, 09:59 AM)
It's easy to lose hope when people here tell you that fresh grads earn 2.5k, and those with 3 years experience get 5k.

What you don't see and hear are fresh graduates who find it difficult to even get a 1k clerical job.
*
I joined a large MNC at 1.8K. 3 years later I was at 2.1K. Thats RM90 a year increment. 3-5% a year, very average, very normal.
And apparently that was "good already, so many no increment"

Know your market averages. Stop saying "that salary report is BS". Then in turn know your own value and how to bargain for more.





Starbucki
post Jun 2 2010, 11:29 AM

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QUOTE(TommyTan @ Jun 2 2010, 10:25 AM)
I joined a large MNC at 1.8K. 3 years later I was at 2.1K. Thats RM90 a year increment. 3-5% a year, very average, very normal.
And apparently that was "good already, so many no increment"

Know your market averages. Stop saying "that salary report is BS". Then in turn know your own value and how to bargain for more.
*
Yes. For those of us who are old enough to separate the chaff from the wheat, it is no issue. Your advice is good for impressionable young people who thinks that life is all about the high salary.
calcom21
post Jun 2 2010, 12:30 PM

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QUOTE(elh1220 @ Jun 2 2010, 08:05 AM)
I felt lost too sometimes...But we must not give up hope. Jz appreciate every opportunity we have in front and grab it. It may turn up to be good in upcoming future shortly...Cheers
*
Don't lose hope. Tell you a true story. When i graduated, i'm far behind others. I couldn't get a job and it's true but after few years working non-related work, i landed in Big4 and had gained my experience before headhunted to work in Australia. Few years later i came back and now working for an MNC company. I won't say i'm getting a very huge pay check but i can say i'm well paid. The thing is don't lose hope and lose your focus. If you had done that degree (eg accounting) that look forward for it. Don't look back. You might earn less than other but you never know that you will earn a lot more than those top students when you are in college/uni. Do you know almost all the higher management like senior managers, CFO, CEO, COO, etc not top student when they are in college or uni? They are just moderate students. We shared our view and that in working life, it's more on opportunity and dare to take the challenge when it comes.


Added on June 2, 2010, 12:33 pm
QUOTE(TommyTan @ Jun 2 2010, 10:25 AM)
I joined a large MNC at 1.8K. 3 years later I was at 2.1K. Thats RM90 a year increment. 3-5% a year, very average, very normal.
And apparently that was "good already, so many no increment"

Know your market averages. Stop saying "that salary report is BS". Then in turn know your own value and how to bargain for more.
*
Agreed with you. Most company giving increment 3-5% per year in line with inflation. Same goes to other country like Australia. They always give the min increment same as inflaction and anything above is a bonus. When you have experience, you can easily bargain and get headhunted by agents. At that time, you can demand what you want because they know what you want.


Added on June 2, 2010, 12:36 pm
QUOTE(Starbucki @ Jun 2 2010, 11:29 AM)
Yes. For those of us who are old enough to separate the chaff from the wheat, it is no issue. Your advice is good for impressionable young people who thinks that life is all about the high salary.
*
I agreed with you. Nowaday new generation do have different thinking. I remember during my times you are looking for jobs and this time around. Jobs looking for ppl. We tend to stay and work hard to gain experience but new generation they don't tend to stay and work as hard and they can resign even before looking for a job. They called them generation Y. I came across a number of them but ofcourse not all Generation Y acted that way.

This post has been edited by calcom21: Jun 2 2010, 12:36 PM
lexiqa
post Jun 2 2010, 07:10 PM

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QUOTE(calcom21 @ Jun 2 2010, 12:30 PM)

Agreed with you. Most company giving increment 3-5% per year in line with inflation. Same goes to other country like Australia. They always give the min increment same as inflaction and anything above is a bonus.
*
inflation is actually a lot more than 5% per year. if u stay in kl, u feel it a lot more.

thats why we feel our money can buy less and less things even after "increment"
calcom21
post Jun 2 2010, 08:17 PM

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QUOTE(lexiqa @ Jun 2 2010, 07:10 PM)
inflation is actually a lot more than 5% per year. if u stay in kl, u feel it a lot more.

thats why we feel our money can buy less and less things even after "increment"
*
True. They usually use country inflation rate as general. I'm in KL and i know what u mean. But if you said KL is higher, than i think Sabah is a lot higher. Food and accomodation is a lot exp than KL except they don't need to pay toll
depster666
post Jun 2 2010, 08:36 PM

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QUOTE(calcom21 @ Jun 2 2010, 08:17 PM)
True. They usually use country inflation rate as general. I'm in KL and i know what u mean. But if you said KL is higher, than i think Sabah is a lot higher. Food and accomodation is a lot exp than KL except they don't need to pay toll
*
Nope. If you want to compare east msian towns, between Kuching, KK and Miri, Miri is the most expensive, yet slightly cheaper than KL.
lukaka
post Jun 2 2010, 09:34 PM

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QUOTE(MacaroniNcheese @ Jun 2 2010, 10:11 AM)
Job Title : Field Engineer
Job Desciption : Oil and Gas Offshore and Sub sea installation
Years spent in company : 2 Years
Company : Oil and Gas
Industry : Construction
Tenure : Permanent
Employment Level : Project Management
Experience before joining : Fresh graduate
Salary : RM 4500 + Offshore allowance 50 USD/day
Degree: Bachelor of Mechanical Engineering
Working hours: Office 8am to 5pm
Offshore: Fuked up hours. Work until tired sleep everywhere. offshore for months, NO LIFE..... doh.gif

I am totaly under paid........ icon_question.gif  icon_question.gif  icon_question.gif
*
huh??? RM4500 still complaint underpaid? u shd happy u got this job.
realventis
post Jun 3 2010, 12:03 AM

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QUOTE

Nope. If you want to compare east msian towns, between Kuching, KK and Miri, Miri is the most expensive, yet slightly cheaper than KL.
Sorry..KK is more expensive..Miri was due to its Oil and Gas industry whereas KK do not have any specific industry that really define its city..

kidmad
post Jun 3 2010, 12:03 AM

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QUOTE(lukaka @ Jun 2 2010, 09:34 PM)
huh??? RM4500 still complaint underpaid? u shd happy u got this job.
*
oil and gas + offshore, that is very low. Off Shore jobs are risky and you are away with your families and friends.
depster666
post Jun 3 2010, 12:39 AM

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QUOTE(realventis @ Jun 3 2010, 12:03 AM)
Sorry..KK is more expensive..Miri was due to its Oil and Gas industry whereas KK do not have any specific industry that really define its city..
*
Sure ka? I dont remember KK being *that expensive* when I was based there for a year. In fact, now that I'm based in Miri, I would say Miri is more expensive than KK, almost equal to KL.

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