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 Lets talk salary v4

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SUSMaterazzi
post Nov 19 2011, 11:47 AM

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QUOTE(tikaram @ Nov 17 2011, 02:52 AM)
I think the later if working outside malaysia. More like getting overseas allowance hence the basic should not be built into it.

Daniel.N Amel.  7K ( no inflation adj) is really not that much. Remember? Malaysia going to get average USD15k by 2020 soon.

Need also consider none monetory as well,  job security, example the feel good working with NGO group and etc.

Many people a bit shit about the bond like this. Like kind of "slave agreement"

good luck

Added on November 17, 2011, 3:07 amMy Turn,

39 yo,
Group mgmt accountant
13k ( after epf, b/4 tax)
professional cert cima
some esos ( my company esos sometime rugi one)
medical, tol, petrol
flexible working hr ( this is the best)

I am ok with my salary, but higher a bit no harm, extra can donate for charity ma

I only spend 2k per month, mother 1.5k,  no debts, no luxury lifestyle, mostly play basketball, running, swimming,  play with my pet,
My problem,

1)I save alot. people saying i am very stingy. but i just don't like buying this and that. People said my excuse.

2) People said, I have no life, but I am doing very good, sport & pet.

3) I always want to retire early, But I am workholic,

4) I only invest in low risk, reit, unit trust, amanah saham, epf. People said I have "no ball" 
 
oh ya, my wife p/a @2007 due to cancer.
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you said you are 41 years old bro?
Do you consider to have a new wife? What pet do you have? Even pet can be costlier than human.
My cousin gave meat and milk to her dogs.
SUSMaterazzi
post Jun 30 2012, 08:38 PM

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QUOTE(conqu3ror @ Apr 5 2012, 04:27 PM)
Welcome to the Hell of Audit Firm, I think in Kuching Big 4 is around RM2000
I never heard work in Audit is on par or overpaid. Try compare your work load & hours of work, you may consider as cheap labour. I guess you must work in Deloitte/KPMG.

Just wonder 4 years in audit, do you have a life or you 100% workaholic?
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In KPMG for 4 years exp, it should be at least RM6k la bro

Added on June 30, 2012, 8:44 pm
QUOTE(nickcaffrey @ Apr 8 2012, 03:47 AM)
Yo~! from finance here

Age:23 as at 2012
Job Title : Accounts payable executive
Job Desciption : treasury/cash & payment planning/GRIR analysis/prepaid exp analysis/vendor recon. pay vendors and make them happy
Years spent in company : 4 months (since Nov'11)
Company : MNC
Industry : Fast Moving Consumer goods(personal care)
Tenure : permanent (Yet to confirmed, will confirm on 1st May)
Employment Level : executive
Experience before joining : was doing group financial accounting in a GLC (clue: largest toll concession operator) exactly 1 year experience there(Nov'10-Oct'11).
last withdrawn salary : 3.6k
increment starting Apr'12: 7% due to recommendation by bawsessss
Previous salary in previous company: 2.7k
Education: Degree in Accountancy, pursued professional halfway (passed 2 papers out of 5 already) but cannot continue coz current company is not approved by my Professional body to do the training there. Professional, MICPA (Malaysian Institute of Certified Public Accountants). Would want to continue but for now I love my job as equally as I want to continue so would not jump ship... for now.

Tried to get into Big four few times since i graduated and when i wanted to leave my previous company but still didnt manage to. I guess Im waaaaaaaay underqualified for them. LOL laugh.gif

Sigh.. many say ive chosen a weird career path going into AP from Financial accounting but what to do..  rclxub.gif
Hopefully can get back into FA. haha. Dont know leh.

Any comments from Finance otais here?
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wow AP executive just data entry can get RM3.6k good liao..But, you should aim big 4 now otherwise you will regret in future since in long term your audit perks will have higher salary than you


This post has been edited by Materazzi: Jun 30 2012, 08:44 PM
SUSMaterazzi
post Jul 1 2012, 09:09 AM

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QUOTE(moyong @ May 19 2012, 10:57 PM)
Age : 24
Education: Professional accounting cert
Job Title : Costing exec
Job Description: Analyse costs, manage proper cost postings, assist in monthly closing
Experience : sap, advanced excel skills and analysis
Years spent in company : 7 months
Tenure : Permanent
Experience before joining : external Audit (3yrs)
Company : Mnc oil n gas
Salary: rm4000
Benefits: Oil and gas company benefit (slightly above average)

Currently feel slightly underpaid but would like to see the advise of all the "sifus" here laugh.gif

Thing is that they are increasing the workload as I have so far been able to complete tasks efficiently and also turnover is increasing. Any comments? notworthy.gif
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You have passed your CIMA then I will think you are underpaid since with your 3.7 years exp you are AM in Big 4. Should get 5-6k.

Added on July 1, 2012, 9:46 am
QUOTE(cybermaster98 @ Jun 12 2012, 05:19 PM)
Fresh doctors (medical officers) only get about RM2,200. Ive got doctor friends with about 10 years experience in Gov hospitals earning only about RM7K per month (including allowances).
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why doctors paid so low?

This post has been edited by Materazzi: Jul 1 2012, 09:46 AM
SUSMaterazzi
post Jul 1 2012, 05:29 PM

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QUOTE(conqu3ror @ Jul 1 2012, 04:52 PM)
Should be and actual is very different. If you have friends in that level getting 6k, he/she must be brilliant.

I never be an auditor & I glad not to be. I believe during Uni time, lecturer & student always said, the best career path is thru audit. But the reality is not, I have plenty of friends from audit (big four or medium size), some of them are quite good & getting well paid. Sorry to said that most of them not even as good as what you mention.

Try to ask more friends from audit & their portfolio. Its not really good as what you imagine.

Some of my colleague after years of experience in audit, they are same level as me & my knowledge not as bad as them.

AUDIT = All You Do Is Tick  hmm.gif

They just train you to be good in checking ppl work & good in Tax & Statutory reporting. You don't really learn much other then that.

Company always want a employee in helping them to earn more money, save cost, add value, improve efficiency & build up the company. Those Tax & Statutory reporting just a compliance & never help the company to make more money.

Think about it
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But I am in reality have added value, save cost and improve efficiency, my increment just 10% and promoted without increment..maybe you are just lucky in the right industry.. When I was interviewing with many companies, they wanted to discount my salary. When I was interviewing with PwC, they accepted my 40% increment liao.
SUSMaterazzi
post Jul 1 2012, 11:47 PM

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QUOTE(conqu3ror @ Jul 1 2012, 07:26 PM)
Probably your fate is to be success in audit firm.  blink.gif

Honestly, most big companies have HR policy which only allow 30% increment for new joiner.

As I said, if you want to have a fast promotion, get into those high staff turnover companies. But of cause you will be struggling to stay with the company.

Remember salary is not everything, although is one of the important reason we work.

Good Luck  wink.gif
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Good evening!
I have already been promoted as accounting supervisor, what next?
I think my career end now after being promoted without increment.
I am better join big 4 where senior position salary > supervisory in MnC.
SUSMaterazzi
post Jul 2 2012, 02:39 AM

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QUOTE(conqu3ror @ Jul 2 2012, 12:51 AM)
Accounting supervisor? Executive or senior exec level? Mind to share the salary in your new role?

Anyway for me most important is paid, those supervisor or manager all just title & not really give you any value in next job.

I was a team lead with few subordinate direct report to me. In the new job I don't have any subordinate, but I getting 40% increment. tongue.gif

So you may be a manager sit in a room in local company, but the paid maybe same as an exec in MNC company (my friend case).
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I am in an European MNC la bro not local. I have 4 subordinates and my job is very stressful. I can say my salary in par of A2 big4 salary which I can save 2k/month.
I am better don't have subordinates so I can learn more without my ego deteriorating. When I apply new jobs, I always hide my title since I'm afraid i'm overrated since I'm just 23 years old..I was promoted but without increment, this is what i'm afraid for long term. When I applied to other companies, they always want to bargain me say my exp not relevant,i am too young, etc. Previously, i am a controller/management accountant before promoted. And I had 9 months audit experience.S1 in big 4 already 4.2k-4.5k while in this MNC max increment just 10% I think.

P.s: If I'm a manager I will be very happy la, got company car,can go home early etc.
My FM goes home early then all the things put on me, I am the one work very hard but all my works credited to him.
My responsibility is very high such as liase with auditors, intercompany reconcilliation and consolidation, cashflow forecast, hedging, netting, submit to regulatory for export-import, review financial statements, posting GL(even supervisor needs to post all GL postings!!), prepare and posting salary payment, taxes,review payment block, etc..Heck man, tomorrow submit my resignation letter!!! Our transactions are very high about 2000 invoices/month, we have almost 1000 employees.

Added on July 2, 2012, 2:51 amI'm here still in OFFICE you know. wanna go home now and 8 am should be in office.

Added on July 2, 2012, 4:00 amjust checked email..got another called from one consultancy firm but the suspect is the HR also acts as software developer liao..

This post has been edited by Materazzi: Jul 2 2012, 04:00 AM
SUSMaterazzi
post Jul 3 2012, 07:38 PM

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Better take geology

Added on July 3, 2012, 7:39 pmHow much salary for sap fico? I got interview schedule in local consulting company for sap.

This post has been edited by Materazzi: Jul 3 2012, 07:39 PM
SUSMaterazzi
post Jul 3 2012, 09:46 PM

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accounting people can work in sharepoints?
SUSMaterazzi
post Jul 3 2012, 11:35 PM

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QUOTE(stanum @ Jul 3 2012, 10:06 PM)
Everyone can work in SharePoint, the only thing you need to learn first is what is SharePoint and how it works. I have colleague who are working in network joining the SharePoint team, and the most impressive that i found is one of my colleagues who are working in CyberCafe, doing technical job ( repair PC, check network a little bit, etc) joined the SharePoint team.

And now, they improvise them self, on job training, experience with all sort of issue and troubleshoot the issue. No knowledge? google is everyone friends.  biggrin.gif
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I am the one who using sharepoint bro. What i know that is like file sharing
SUSMaterazzi
post Jul 5 2012, 08:09 PM

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QUOTE(superjohn @ Jul 5 2012, 03:50 PM)
Yup, i got it..chartered accountant too..but i don feel enuff leerr, my fren lucky ones already earned double from mine..oso chartered.. cry.gif
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Ur friend what job? U not in big4 could get chartered accountant meh?

Added on July 5, 2012, 8:12 pm
QUOTE(C.P.U @ Jul 5 2012, 04:10 PM)
Job Title : System Analyst
Job Desciption : IT related
Years spent in company : 1+
Company : US based - TOP 20 in fortune 500
Industry : Health Care
Tenure : permanent
Employment Level : Executive Level.
Experience before joining : 5 year IT support, 2 year as Assistant Manager for MIS department,
salary : RM 2.8k+

ok? increment coming soon within few day. smile.gif
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Top 20 salary bery small?

This post has been edited by Materazzi: Jul 5 2012, 08:12 PM
SUSMaterazzi
post Jul 6 2012, 09:31 AM

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QUOTE(Digbymae @ Jul 6 2012, 03:28 AM)
Job Title : AP
Job Desciption : Deals with accounts payable of the company
Years spent in company : just started
Company : Worley Parsons
Industry : Oil n gas
Tenure : permanent
Employment Level : fresh grad
Experience before joining : internship of two months which is not really relevant to AP
salary : Basic 2000
Allowance: petrol- 150
                Optical,dentist, medical - 3000 cap
                Free parking at co pany's building
Requires to work on shift: day shift gets allowance of rm25/day
                                      Night shift gets allowance of rm 35/day
Dayshift: 5 am to 3 pm
Nightshift: 10pm to 8am

Can claim OT. Required to work night shift for the first two months therefore getting about rm2850
Is this okay for a company that requires to work in shift?
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for AP no future. stay 1 yr enough and join big 4
SUSMaterazzi
post Jul 8 2012, 02:08 PM

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QUOTE(WintersuN @ Jul 8 2012, 11:31 AM)
Ya i know la of cos is OnG higest paid but that 1 very difficult get in... 2nd high is banking liao and almost everyone can go in 1..
U r getting much more than fresh grad y u wanna quit? Its normal frsh grad get around 2k-2.8k depending on qualification and industry. Im sure us tart time also around their figure rite
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he has worked for 3 years
SUSMaterazzi
post Jul 9 2012, 02:36 PM

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QUOTE(nielland @ Jul 9 2012, 11:26 AM)
I am getting much than fresh grad?
Indeed I am getting much than salary compare with them. whereby in my first salary is RM2K.
Compare this year fresh grad, all of them can get around RM2.5K~. Due of infraction, for sure every year would be different in term of basic salary.

Although I work 3 years already, they no promote me as Senior, kinda unbalance. Important thing is, Vice President do ask me stay back one more year(during 2011~ verbally) and he will promote me to senior. yet now nothing much done.

One sweet promise, let my heart melt to stay again one more year.
Till now they did break promise, I still hold only Junior level, that why I will consider to quit, looking for better offer
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A lesson here. Dun believe at something that uncertain
SUSMaterazzi
post Jul 10 2012, 12:28 PM

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QUOTE(shenngau @ Jul 10 2012, 12:15 PM)
I feel no worth it due to no bonus and 12 days AL...

Of course new offer salary is higher but I dun believe a good company only give 12 days AL.
2.5 months almost equals 20% more of ur salary so u only get extra 28% more. If included extra 6% EPF n extra 12 days leave, u only get less than 20% more...
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Do you think you can spend all 24days? When company no good also no bonus. I prefer jump.
SUSMaterazzi
post Jul 10 2012, 02:19 PM

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QUOTE(sching @ Jul 10 2012, 12:41 PM)
what's the market rate for a finance analyst in MNC in penang?
wif 3 years plus experience in a big 4 accounting firm, full fledged ACCA n MIA
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6k due to stagnant increment in MNC
SUSMaterazzi
post Jul 12 2012, 10:33 PM

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QUOTE(oxygen_ @ Jul 11 2012, 02:19 PM)
Job Title : junior programmer
Job Desciption : system maintainance, development & testing
Years spent in company : 2+
Company : glc
Industry : it / finance
Tenure : permanent
Employment Level : err..junior? the lowest level lah right?..
Experience before joining : freelance (1 yr)
salary : RM 1.4k
benefit : medical, ot (rm9/hr), bonus (4 months salary)

for a diploma holder, underpaid or not..??
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better watch tv at home and search better job
SUSMaterazzi
post Jul 23 2012, 08:32 PM

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QUOTE(vin_ann @ Jul 23 2012, 11:14 AM)
have you asked urself few questions below:

1. What's lifestyle you want in 1st place? - suffer 3 years, learning at steep curve, pickup industry knowledge, then switch to commercial after that with your bullet and enjoy better lifestyle.

2. Enjoy constant peaceful lifestyle - start work 8:30am n back home 5:30pm everyday, learning at little curve, accummulate over the years...
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who say in commercial peaceful? I worked 12 hours in commercial and the learning curve is very steep compared I was in audit.

This post has been edited by Materazzi: Jul 23 2012, 08:32 PM
SUSMaterazzi
post Jul 24 2012, 01:00 PM

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QUOTE(Russie @ Jul 24 2012, 12:57 PM)
The bonus in manufacturing arm is less than plantation arm, the plantation HQ in Ipoh get averagely 6-8 months of bonus whereas manufacturing arm only 4-6 months.
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I only got 2 mths bonus.
SUSMaterazzi
post Jul 26 2012, 02:06 PM

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QUOTE(angel-face @ Jul 26 2012, 10:18 AM)
guys..can explain to me what does this job scope means?
-Attend to inquiries, provide technical and logistic support and regularly visit to customers.

-Monitor competitors activities and manage payment collection
.
-Maintain accurate records of all customer production and prepare regular forecasts to enable effective forward planning so as to achieve stock turnover time.

-Manage customers’ accounts payable and ensuring on-time collection
.
Inventory Control – To achieve appropriate stock holding within monthly average stock sales over revenue and deplete them within three months.
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must be small company. You do planning and accounting.
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