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 Lets talk salary!, What is the industry rate, we must unite

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tishaban
post Feb 5 2007, 12:44 AM

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QUOTE(stevie boy @ Jan 30 2007, 05:05 PM)
nobody got info on biotech, or research scientist ah? sad.gif
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My previous job was with a research organization doing bioinformatics. US based though, with a salary of more than USD100k per year.

With a good (I mean seriously good) PhD, I know people getting RM12k-25k per month in Malaysia doing research in bioinformatics and life sciences. Basic biotech degrees from a local university will get you RM2k per month.

Job Title : Analyst
Job Desciption : System Management, Project Management
Company : MNC
Industry : IT
Tenure : permanent
Education : Masters
Employment Level : Senior techie
Years with company: ~1
Experience before joining : 10
Certifications: none
Salary : RM13k onwards (with OT consulting ~RM22k) + basic allowances (Streamyx)

Upside: good work/life balance, excellent benefits
Downsides: I'm getting bored biggrin.gif

This post has been edited by tishaban: Feb 5 2007, 12:45 AM
tishaban
post Mar 22 2007, 11:14 AM

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QUOTE(chamelion @ Mar 22 2007, 10:55 AM)
aiyo, quit low la for some1 with 16 years exp.
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Serious question, how much should a project manager with 16 years of experience be making? RM20k? RM35k? RM50k?

If you check the jobstreet salary survey, RM16k base salary for ~15-20 years experience is already on the high side.

tishaban
post Mar 22 2007, 02:18 PM

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QUOTE(chamelion @ Mar 22 2007, 01:39 PM)
Constant 15% annual income grow is the minimum. This should include bonus.
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Wow that means I'm just at the bare minimum over my short career so far...

What happens to your 15% minimum when your business didn't grow or didn't make a profit last year? If you're the boss would you take a pay cut to reward employees that are demanding for their 15%?

What happens if at the end of the year, you demand the 15% raise and don't get it. Do you quit and go elsewhere? Is there room for loyalty, personal growth, work-life balance?

I have more questions but it'll have to come later, I have a 15% raise to negotiate with my boss. biggrin.gif

tishaban
post Jun 27 2007, 07:37 AM

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QUOTE(K-I-R-A @ Jun 26 2007, 05:46 PM)
ok, here comes another question. How much can a doctor earn today?
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I heard from a friend that Pantai Medical Center is offering ~RM8k for a GP with ~5-7 years of experience.

I'm sure you can make a lot more if you're a specialist however.

tishaban
post Jul 5 2007, 07:28 AM

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QUOTE(haute_couture @ Jul 5 2007, 05:45 AM)
Hmm..I'm new here and the whole reason I registered was because of this topic. I need some advice from the experts here.

Education level: Associate's Degree in Retail Marketing and Merchandising, Bachelor's Degree in Marketing, CGPA 4.00/4.00

Location: Currently based in New York

Work Exp: 1 year with MNC in related field
                Retail experience (6 months) and
                2 internships (3 months each)
Total = 2 years working experience

I am wondering if it would be unreasonable to ask for a salary of rm3200 from a MNC (preferably Fashion or FMCG industry) if I return to KL with these qualifications, considering that the salary here would be USD3k+
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I don't know about salaries since I'm not in that line, but I would suggest spending more time working in New York. Some people may not consider internships as actual work so you have only about one year of working experience which isn't a whole lot. Work experience in one of the fashion cities of the world is far more relevant and useful. Why are you in such a hurry to come back to Malaysia?



tishaban
post Jul 5 2007, 12:43 PM

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QUOTE(haute_couture @ Jul 5 2007, 08:38 AM)
Thanks for replying smile.gif

First of all, I am confident that I would be able to justify my internships as valid job experience because I'm able to provide a portfolio of my projects, certified copy of my job description, as well as letters of recommendation from my employers.

Coming back to KL is more of a backup plan for me because I am allowed 1 year's employment in US upon graduation and I have to go back unless a company is willing to sponsor my work visa, which I've heard is getting harder these days. You always need to have a plan B wink.gif
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H1Bs are difficult to get depending on the timing. Make sure your company starts the filing early ie. way before your practical training expires to avoid the quota. I assume you just graduated at the end of last spring?

In terms of your job, one way I would suggest is if you're flying to Malaysia for a vacation etc. try and schedule an interview(s) during that period. This will at least give you a feel for what the companies in Malaysia are looking for etc. I don't see the money being an issue though but do ask for more especially since you're coming back with experience.

Good luck.


tishaban
post Jul 6 2007, 03:48 PM

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QUOTE(haute_couture @ Jul 6 2007, 09:44 AM)
Lol, I have no idea. I don't want to come across as being a poser, like just because I have some work experience in NYC I think I'm all that and that I'm sooo much better than everyone else. Get what I mean? I guess sometimes you have to be realistic...
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Don't be a poser, but don't undersell yourself. I don't like the typical Malaysian management attitude of paying peanuts and expecting something more than a monkey. I was in NYC myself and got a decent salary when I came back to Malaysia.


tishaban
post Jul 12 2007, 11:57 PM

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QUOTE(lwb @ Jul 12 2007, 09:30 PM)
oh queens... a dandy borough there.. let me guess. flushing?
i was in long island for 3+ years.. i've got a couple of college mates who were from queens..
say, you don't happen to study in hosfra or cuny, do you?

(i got a feeling that, if my hypothesis is correct.. if you land a 4.0 from nyu or columbia.. you're worth more than 3 grand on the street)
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Hey a long islander, I was at Brooklyn Polytech for a short while.

I don't 100% agree with you however about the money part. Even if you were a 4.0 from NYU or Columbia, the majority of Malaysian MNCs have local standards that they adhere to that probably won't net the lady significantly more than RM3k. Malaysian salary standards sucks big time. Accenture was offering at one point only ~RM3k as starting salaries for one of those Ivy League grads I knew who already had ~2 years work experience and could pull around $60k in the US. Freescale/Motorola was worse! Needless to say, he stayed on in the US.

tishaban
post Jul 13 2007, 03:02 PM

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QUOTE(lwb @ Jul 13 2007, 01:52 PM)
3 grand = not a ringgit denomination
street = the slang for manhattan financial district

you're in a tough neighbourhood there.. do you pack heat?

... ask first before you shoot.. next time
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Sorry bro, I was referring to the lady's original post which stated that she was in the fashion industry and was looking for a similar position in Malaysia. I didn't catch the financial district reference.

tishaban
post Oct 26 2007, 02:53 PM

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QUOTE(btrnart1 @ Oct 25 2007, 04:28 PM)
5 years.  Preferably commercial law, but honestly anything will do.  You just need to be the best.
Investment banks target excellence in both character and ethics.  Meet an investment banker and you will see 90% are of the same pedigree.
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brtnart1, I met a lot of investment bankers in my previous life, but a large majority are males at least the ones I'm familiar with on Wall St. What's your experience?

tishaban
post Nov 19 2007, 10:10 AM

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QUOTE(DarReNz @ Nov 19 2007, 12:54 AM)
i am also wondering the difference between doing MBA right after your degree compared to having working experience say 3yrs and doing MBA ......
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This has been discussed to death in the MBA thread. In short though, good schools will require a minimum age/experience level before you can join the MBA program.

You're supposed to learn about practical business in an MBA program, learning from each other. The professor/lecturer acts as a facilitator, to facilitate the discussion. If you join in without any experience, the discussion is based only on theory. I wouldn't suggest getting an MBA unless you have some experience already, and I wouldn't hire anyone with an MBA without experience.


tishaban
post Nov 20 2007, 06:05 PM

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stevenlee, I'm just stating my opinion based on my experience. Maybe my standards are different from yours, but I hire a fresh grad for his or her technical skills, whether it's IT, accounting or architecture. Business theory is to me not enough if you don't have a strong enough non-business background already. So after this person has proven himself in a technical environment, that there is sufficient progression for example, then the MBA comes next.

Again this is what I practice, the guys I see aren't too bright to begin with biggrin.gif stevenlee, you certainly sound like a more motivated individual so good for you.


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