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 Lets Talk Salary! v3

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elh1220
post Jun 1 2010, 09:32 AM

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Am i underpaid a lot?

I know that this field is quite specialist in Oil and Gas Upstream.

Age : 24+
Job Title : Graduate Process Engineer
Job Descriptions : HYSYS steady state and dynamic simulation. Assist flow assurance studies.
Years spent in company : 1 Year
Company : Engineering Company (small scale >4 engineer including me)
Industry : Upstream Oil and Gas Consultancy
Experience before joining : Fresh Graduate
Qualification : Degree in Chemical Engineering (1st class, Local University-APEX)
Basic on joining : RM2,000
Current basic : RM2,500 + 200 travel allowance
Working hrs: 9am-6pm (flexible)
Location: Klang Valley, everyday drive 70+ km to-and-fro from work (toll: RM5.20 per day)
Benefits: Insurance Premium, annual leave, medical and dental
Financial burden: family and car loan

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
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[/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?
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[/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....
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
elh1220
post Jun 3 2010, 08:13 AM

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QUOTE(lexiqa @ Jun 3 2010, 03:09 AM)
inflation in east msia is not that high lar. very slow actually. u dont feel the daily expenses increase so much from the year b4 that much compared to kl. every yr the rent, petrol, toll increase but salary increase by little (if at all!)........ food esply alw increase 10% or more every yr.

im east msian i know. increase kolo mee 10-20sen ppl will complain for a long time.

kk is only exp ard those tourist areas. miri is exp bcoz of bruneians not only bcoz of O&G ler.
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I agree with you. How to survive if the inflation is increased and salary is low, esp KL...Life is so tough due to $$
elh1220
post Jun 3 2010, 12:49 PM

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QUOTE(lukaka @ Jun 2 2010, 09:34 PM)
huh??? RM4500 still complaint underpaid? u shd happy u got this job.
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But for that job scope, it shud be underpaid...coz of health risk. may get cancer easily de this kind of job...
elh1220
post Jul 8 2010, 09:07 AM

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QUOTE(propriete @ Jul 7 2010, 01:45 PM)
Age : 34
Job Title : Senior Consultant
Job Desciption : International Consulting
Years spent in company : 0
Industry : Oil and Gas - Consulting
Employment Level : Senior Executive
Experience before joining : 10 years
Degree : Chemical Engineering
Salary : SGD 15k
Ramark : Permanent, Offer declined, 75% travelling, I'm fatharing soon.

Age : 34
Job Title : Project Manager
Job Desciption : Proposal / Project Management
Years spent in company : 0
Industry : Oil and Gas - EPC
Employment Level : Manager
Experience before joining : 10 years
Degree : Chemical Engineering
Salary : RM 13.5k (contractual 13 months salary)
Ramark : Permenant, Offer declined

Age : 34
Job Title : Maintenance Coordinator
Job Desciption : Maintenance Engineering Related
Years spent in company : 0
Industry : Oil and Gas - Operator
Employment Level : Specialist
Experience before joining : 10 years
Degree : Chemical Engineering
Salary : RM 22.0k (contractual 13 months salary)
Ramark : Contract, Offer Accepted

Yes, Oil and Gas pays well. But still not as good as running a business. Cheers.
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Am I underpaid?

Age : 24+
Job Title : Graduate Process Engineer
Job Descriptions : HYSYS steady state and dynamic simulation. Assist flow assurance studies.
Years spent in company : 1 Year
Company : Engineering Company (small scale >4 engineer including me)
Industry : Upstream Oil and Gas Consultancy
Experience before joining : Fresh Graduate
Qualification : Degree in Chemical Engineering (1st class, Local University-APEX)
Basic on joining : RM2,000
Current basic : RM2,500 + 200 travel allowance
Working hrs: 9am-6pm (flexible)
Location: Klang Valley, everyday drive 70+ km to-and-fro from work (toll: RM5.20 per day)
Benefits: Insurance Premium, annual leave, medical and dental
Financial burden: family and car loan

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