agree with you. though if you are already earning around RM7k by 30, you should be much more well off by the time you reached 40.
a lot of early 30s are now earning in excess of RM10k per month.

One leg kick PM you should get twice as much imho

This one I'm also perplex because if I recall there was some statistic saying that less than 3% or was it 1% of the workforce earn more than RM10k per month (based on KWSP contribution)...

Granted, those entrepreneurs or own business will not be part of the statistic so we never really know the closest estimate by age on how much they earn unless our Hasil Team improve their auditing capability on those sdn bhd. Then again I met quite a few who earn more than 10k in mid 30s that have equal lifestyle to match that they struggle... some overgear and some overspend... and some of them tumble quite a fair bit and fade away...

I don't know how's the salary comparison in Singapore. But if you compare ringgit to ringgit, an 8 years experience project manager with RM5K+ basic is really low IMHO.

I think even for SG you are underpaid. The amount you are earning monthly (not per annum) is achievable and exceeded by execs. You are in managerial capacity.

but I'm curious, how did you end up getting an annual of 105k if your salary is only 5K+ monthly

bonuses ma...

Bonuses must be really good then

Age : 26
Job Title : Senior RnD Engineer
Job Desciption : Qualify new chip into new packages
Education Level : Degree, E&E
Years spent in company : 9 months
Experience before join: 4 years as NPI Engineer in local Subcon(last drawn salary: 3300)
Company : MNC Penang
Industry : Semiconductor
Tenure : permanent
Employment Level : Executive
salary : RM 4300 Basic
Benefits : 1 month contractual+1-2 month PI, medical, etc
Pros: 1) nice working environment
2) high chance for oversea trips and training
3) Nice boss
4) Minumum politics

Cons: 1) Very bad increment


New Job Offer:

Age : 26
Job Title : Lead Product Development Eng
Job Desciption : Doing process development for new
products
Company : MNC Penang, Competitor.
Industry : Semiconductor
Tenure : permanent
Employment Level : Executive
salary : RM 5500 Basic
Benefits : Same as above+ 15% Employer EPF contribution.
Pros: 1) Better pay
2) Good boss(friend of someone i know)

Cons: 1) Working environment quite stressful.
2) Heavy politics.

Still not sure if i should make the move.. If i make the move i skip 5 years from my current base pay if i stay in my current company

Really good !! I wish I get bonuses like that !!!

@Penangnitez
You want to move forward, then the way is clear. The more you are paid, the more heavy your responsibilities.

the issue is that, bonus is pegged to the company performance/profit for the year. i received 2.5 months only in 2009. imo, higher basic > high bonus. it's also easier to ask for better term if move on to another company.

are you in the same work area? i want to get some opinion from my peer (about my age/position), how much do u think it's considered fair?

to come out a network solution to meet customer's requirements.

Age: 29
Job Title : Site Acquisition
Job Desciption : Acquire sites for outdoor advertising, liaise with local authorities for all neccessary approvals
Years spent in company : 5
Industry : Outdoor advertising
Tenure : permanent
Employment Level : Assistant Manager
salary : RM 3.6k + 500 car allowance
qualification: degree
benefits: subsidized phone bill, medical, petrol card,
cons: no OT, low bonus

Definately underpaid? if so what are the salary range for my position?

Age : 30
Job Title : Regional Business Manager
Job Desciption : Lead 12 staff locally, and responsible for Asean countries growths, oversee the entire division performance and growth.
Years experience : 9 years
Education Level : MBA, BEng
Years spent in company : less than 1 year
Company : MNC
Industry : manufacturing and trading
Tenure : permanent
Employment Level : Management
salary : RM12800
Benefits : performance bonus, company car, family medical, dentist, and other standard

wow i hope to be like u when i am 30 lol

Yes u can. Be job hopper and do not stagnant with ur work too long.

any idea of a fair salary for a Fresh Grad with Masters from one of G8 universities in Australia in a big 4 firm? (Degree is also from an Australian university)..


thanks!

This post has been edited by zaFrOoNaLdO: Oct 7 2011, 11:31 PM

One of the main factor that turn OFF potential employer to shortlist you for interview

Job Hopping may be one way to achieve higher salary. However, it isnt the only way.

PERFORMANCE IN THE RIGHT COMPANY is another way.