Jul 11 2012, 10:23 AM
QUOTE(anechoic @ Jul 10 2012, 11:11 AM)
hi guys,
want some of ur opinion.. IT field.
current package: 24 days leave, unlimited medical, 17% EPF , permanent, 2.5 months bonus..
new offer: 48% more salary, no bonus, 12 days leave, standard medical, yearly contract renewable, foreign bank
job scope and level is similiar.
worth taking new offer??
assuming your monthly salary is x, your current package is 14.5x*108% (12+2.5 months salary, 5% extra epf and 4% for 12 days of extra leaves (12 days = close to half month)) which gives you about 15.81x as your annual income for comparison.want some of ur opinion.. IT field.
current package: 24 days leave, unlimited medical, 17% EPF , permanent, 2.5 months bonus..
new offer: 48% more salary, no bonus, 12 days leave, standard medical, yearly contract renewable, foreign bank
job scope and level is similiar.
worth taking new offer??
your new job is giving you 48% boast to your monthly salary with little fringes: 12x*148% which is 17.76x. This gives your a meager 12.4% raise (17.76x/15.81x),
pro:
much higher basic salary (good for your next move)
con:
contract not permanent equals less job security
very little total package increment
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