Job Title : Executive
Job Desciption : Oil and Gas
Years spent in company : 1.5 year
Company : MNC
Industry : Oil and Gas
Tenure : permanent
Employment Level : Junior exec
Experience before joining :fresh graduate
salary : RM 4.5k basic
Benefit: 15% company contirbution epf, housing loan at 3.5%, medical.
Increment and bonus: haven't had any but i heard last year many got 10% increment and 2 month bonus, with 3-4month performance bonus

Geoscience

thats a very good starting salary and tonnes of benefit.

Some people failed to realize, that years of experience is very subjective. It really depends on what have you achieved during those years. so some people with 15 years of so-so experience will not get the same salary with some who get fantastic 10 years exp. same goes with fresh grad. those high fliers usually will get better high paying job compared with those who just barely made it. Just want to point it out that just indicating your years of experience isn't enough to say you are underpaid or not.

i guess the only way to truly know whether you are underpaid or not, is to try and find a new job and see if the new company will pay you more than what you get or not. if you failed to even get new job, consider yourself overpaid.

This post has been edited by spoonudus: Mar 27 2011, 09:18 AM

just as i say in my previous post, try and go for job interviews, and see if you are able to get better salary. as a guideline, my friend who just joined my company said he get about 20-30% increment from his last job. while my brother who also moved to a new company got the same exact salary as before, but since its closer to home and a permanent job as compared to the previous contract based job, he took it anyway.

specifically about you and your colleague who get 3k while you got 2.9k, it really depends on the benefits. my company recently did a salary adjustment where all the new comers, even fresh grads get a rm500 more than me, also with 1.5 years exp, but they didnt have house/car loans, and also capped medical benefit. sometimes its just the timing that matters. at some point, when there's lack of qualified people applying for the job, they might pay you more.

And i also agree about experience not related to the job. it doesn't matter, some things you can learn but what they look for is your ability to learn and solve problems which can be portrayed even when you work on a non related work. plus 1.5 exp isnt that much, and most companies usually treats those with less than 3 years exp same as no exp. also, the expected salary in your resume does play a part in determining your salary.

This post has been edited by spoonudus: Mar 27 2011, 12:29 PM

well boohoo then, you are severely underpaid..... is that what you want to hear? i don't know why you suddenly felt offfended on my comment... its purely my opinion and if you just want to hear what you want... then fine, i think you are underpaid and you deserve more like 10k more...

just fyi, my company house loan is at 3.5%, 100% loan. ask anyone around if you can get that outside.... and see how much you can save with that low interest.... its way more than RM500. not to mention my medical isnt capped at all. i know it doesnt feel like worth that much for youngster, but it wont take long when your medical bills going up just by having a child or 2

This post has been edited by spoonudus: Mar 27 2011, 06:51 PM

lol government staff get 4% loan.... most of my family is in the government. and medical? of course if you prefer govt. hospitals, which their own doctors do not go to when they are sick...? (my brother and cousins are both living evidence for this statement.

and yes i can always refinance if you ever wanted to leave my company, maybe you've never heard of that?.

totally agree with kelvin_tan. i really dont understand why are you going on the offensive. people have different reasons to stay or not to stay in your company, not just money, its more of the satisfaction that you get from your job. it is easy to see whether you are worth it or not for your company, just ask this to yourself, are you irreplacable? can the company replace you (with the same salary) anytime? if you are not irreplaceable, quit whinning and be grateful you are still there. but if you think they can't get any better personnel other than you, then with all due respect please ask for a raise, or find somewhere else to work...

This post has been edited by spoonudus: Mar 27 2011, 10:09 PM

yes. previous employee before adjustment still got the benefits.

Job Title : Executive
Job Desciption : Geophysicist
Years spent in company : 2
Company : MNC
Industry : OnG
Tenure : permanent
Employment Level : Executive
Experience before joining : fresh
salary : RM 5.2k, starting 3.5k, after 1 year 4.5k, then last increment to 5.2k.
Bonus : company and performance bonus. First year 2 month bonus but only got prorated 1 month bonus. Second year 4 month company bonus and 4 month performance bonus.
Other benefits : housing/car loan, medical benefits, travel allowance (0.80 per km) offshore allowance food allowance for business travel rm 100 per day.