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 Fresh Graduate Pay for Engineer in Petronas

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renaelyng
post Mar 10 2012, 02:21 PM

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QUOTE(MaX010 @ Mar 10 2012, 09:18 AM)
New fresh grad (engineer) salary will be rm5k starting next month
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Really? Heard of this rumor but can't confirm the authenticity.
azraeil
post Mar 10 2012, 03:01 PM

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QUOTE(MaX010 @ Mar 10 2012, 04:18 AM)
New fresh grad (engineer) salary will be rm5k starting next month
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That is nice. It took me 6 years before in Petronas before I manage to get that kind of money.
realnumber
post Mar 12 2012, 08:59 PM

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QUOTE(doomdoom @ Mar 10 2012, 02:12 PM)
goverment want to feed those bumiputera again......eventhough most of them not capable, but goverment stil reserve so many quota for them in University and Petronas...wht a sad country....
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true rclxms.gif

salary is up, but what about benefits?
rey07
post Mar 15 2012, 03:54 PM

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hi all..
I will be having an interview session with petronas carigali in coming few days..
I am civil engineering graduate with some experiences but not with oil & gas field..btw, i am malay..
any tips for me to face that interview?

Thanks
jani13
post Mar 18 2012, 04:30 PM

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Heard the new pay of RM5k will not cover a lot of benefits. So maybe it's not as good as it looks.

Anyway, anyone know if this figure only covers engineering graduates?
mangoman
post Mar 18 2012, 08:00 PM

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QUOTE(jani13 @ Mar 18 2012, 05:30 PM)
Heard the new pay of RM5k will not cover a lot of benefits. So maybe it's not as good as it looks.

Anyway, anyone know if this figure only covers engineering graduates?
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Heard there will be no medical benefit at all.
azraeil
post Mar 18 2012, 08:47 PM

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PETRONAS medical benefit is covered by ING since 2003 except for cases where ING has no coverage such as maternity. Roughly, you can get the same coverage (bar maternity) by getting a coverage that costs you around 4k premium a year. The 1k extra salary (this is base salary) already pays you an extra 12k per year (more than enough for the medical premium) and let's not forget an extra 5k a year if you use the same amount of bonus (5 months this year). A good 8% increment per year should cover the medical premium charges after 2 years. (17k extra a year compounded by 8%). I am not even going to mention the extra EPF money that 1K is bringing in a year.
mangoman
post Mar 18 2012, 10:38 PM

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QUOTE(azraeil @ Mar 18 2012, 09:47 PM)
PETRONAS medical benefit is covered by ING since 2003 except for cases where ING has no coverage such as maternity. Roughly, you can get the same coverage (bar maternity) by getting a coverage that costs you around 4k premium a year. The 1k extra salary (this is base salary) already pays you an extra 12k per year (more than enough for the medical premium) and let's not forget an extra 5k a year if you use the same amount of bonus (5 months this year). A good 8% increment per year should cover the medical premium charges after 2 years. (17k extra a year compounded by 8%). I am not even going to mention the extra EPF money that 1K is bringing in a year.
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And the new batch (after June 2010) will be also losing the house and car loan. The house loan can save you a lot actually. sad.gif
azraeil
post Mar 19 2012, 12:29 AM

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QUOTE(mangoman @ Mar 18 2012, 05:38 PM)
And the new batch (after June 2010) will be also losing the house and car loan. The house loan can save you a lot actually. sad.gif
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Housing loan in Petronas is at 4% interest rate. Most bank now give you at least BLR -2% (or around 4.5%), that's 0.5% extra interest probably going to cost you an extra 150 ringgit a month for a 300K loan (not sure, but someone can correct me). Car loans are also the same, an extra 150 a month. The 1K extra is more than enough to cover the "benefit" lost and remember this 1K will the base salary where all other stuff is based on (bonus, increments, promotion etc etc) is quite significant, an 8% increment based on 5K is 80 ringgit more a month that an 8% increment on a 4K base salary.

I could not buy a house when I was in Petronas until I completed my 4 year service (using petronas loan) and that was for a 200K apartment, with 5K base salary, a fresh grad can immediately get a 250K loan from any bank and in this property market, the faster you can buy a property, the better it is.
nz_nazrin7
post Mar 19 2012, 02:04 AM

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Im student of chemical engineering seeking for Internship placement (July-September 2012).. Anyone can help me?

This post has been edited by nz_nazrin7: Mar 19 2012, 02:11 AM
ixus
post Mar 19 2012, 03:08 AM

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QUOTE(nz_nazrin7 @ Mar 19 2012, 02:04 AM)
Im student of chemical engineering seeking for Internship placement (July-September 2012).. Anyone can help me?
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no short cut. if u wanna apply to petronas, apply directly to the OPU, like refinery in Kerteh or Melaka
echobrainproject
post Mar 19 2012, 04:23 PM

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well regarding pay, from my source what I heard was the 5k for fresh grads is for those from UTP. Other unis maybe 3.5k to 4k?

then again, take all these w a pinch of salt unless verified by someone from Petronas
littlefire
post Mar 19 2012, 04:28 PM

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QUOTE(Mooi @ Mar 18 2012, 05:15 PM)
Are you a PETRONAS employee?? Otherwise, stop spouting nonsense. Just because you are not qualified enough to be recruited, doesn't mean it practices inequality or discrimination. Fyi, I have seniors of different races working for PETRONAS.
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Sorry to said that, everyone in this world know that most Malaysian GLC company which include Petronas does have a Quota system, same like our local university system... hmm.gif
eandi
post Mar 19 2012, 06:50 PM

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THis is from my experience..

Petronas - 4K..E1 Grade..super good benefits
Kencana - 2.5k..add Rm500 after confirmed..no additional allowance..benefit worse..
MMHE - 3k-3.5k & got O.T for Engineer..after Technip buy some share..benefits good
Shell - 4.5k.. super good benefits..


kristal
post Mar 19 2012, 11:46 PM

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QUOTE(doomdoom @ Mar 10 2012, 02:12 PM)
goverment want to feed those bumiputera again......eventhough most of them not capable, but goverment stil reserve so many quota for them in University and Petronas...wht a sad country....
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Let me drill this into your thick racist skull.

1. There are six members of PETRONAS Excos. Mind you these are very powerful people in the organization. Two of them are:
user posted image
Dato' Wee Yiaw Hin
Executive Vice President
Exploration & Production Business​

user posted image
Datuk Manharlal Ratilal
Executive Vice President
Finance​

Do these gentlemen look like bumiputera to you? If PETRONAS "want (sic) to feed those bumiputera", why do they get promoted to the Executive VP level? Can your racist brain give us any answer?

2. Do you know how the first PETRONAS office looks like?
user posted image
This.

If most of PETRONAS staff are not capable, can your racist brain explains how they could transform their office to
user posted image
this?

Let's hear how a racist like you can give us satisfactory answers.
doomdoom
post Mar 20 2012, 07:42 AM

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QUOTE(kristal @ Mar 19 2012, 11:46 PM)
Let me drill this into your thick racist skull.

1. There are six members of PETRONAS Excos. Mind you these are very powerful people in the organization. Two of them are:
user posted image
Dato' Wee Yiaw Hin
Executive Vice President
Exploration & Production Business​

user posted image
Datuk Manharlal Ratilal
Executive Vice President
Finance​

Do these gentlemen look like bumiputera to you? If PETRONAS "want (sic) to feed those bumiputera", why do they get promoted to the Executive VP level? Can your racist brain give us any answer?

2. Do you know how the first PETRONAS office looks like?
user posted image
This.

If most of PETRONAS staff are not capable, can your racist brain explains how they could transform their office to
user posted image
this?

Let's hear how a racist like you can give us satisfactory answers.
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Goverment overprotect bumi is a fact, and implemented in petronas n university. Yes the 2 persons that mention nt bumi, but majority staffs are bumi n i belive petronas hire them nt becoz of capability

rabloo
post Mar 20 2012, 07:48 AM

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QUOTE(doomdoom @ Mar 20 2012, 07:42 AM)
Goverment overprotect bumi is a fact, and implemented in petronas n university. Yes the 2 persons that mention nt bumi, but majority staffs are bumi n i belive petronas hire them nt becoz of capability
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Dude..have you even applied to Petronas?
doomdoom
post Mar 20 2012, 08:28 AM

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QUOTE(rabloo @ Mar 20 2012, 07:48 AM)
Dude..have you even applied to Petronas?
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Well, i am no in oil and gas....

but not need to argue la..i am not the racist..the goverment is the racist.....keep over protecting the bumi status...

look at singapore...lead by capable people, not based on your race...now become so powerful than malaysia...malaysia always want to maintain this kind of protect bumi policy, even we gt much resources like petro, plantation...but we are so much left behind than singapore...shame on this over protect bumi policy.....grow up...dun so depend on goverment...

if i am capable bumi...i will sure have some pride and tell goverment .."please stop protecting us!!!"...
littlefire
post Mar 20 2012, 08:32 AM

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QUOTE(rabloo @ Mar 20 2012, 08:48 AM)
Dude..have you even applied to Petronas?
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I believe most of the non-bumi have applied to Petronas be4, but in the end there are all in Shell, Esso or other O&G company.. Until now they dare not list out how many non-bumi / bumi % working in Petronas or other GLC company... But from what i have told in an interview i done be4 with a local O&G company, the manager told me that if 1 Chinese out, only 1 Chinese can come in to replace it and not others.. This is the quota they set.. That why that day i went interview so many Chinese ppl over there.. But sadly i am not listed.. cry.gif My another lucky friend have to went for 2nd & 3rd interview to be accepted.. Since he has around 2 years experience in piping & welding, his salary is quite high almost RM7k above.. but have to work at sea platform.. That was just 2 years ago.. Now donno how much he is getting.. haha..

Anyway there is no fairness in Malaysian system, if really they are selecting the best to work with them i think the whole Petronas will be full wif foreigners.. laugh.gif

The only bumi i respected in Petronas is Hassan Merican.. Really a talented person.. brows.gif

This post has been edited by littlefire: Mar 20 2012, 08:35 AM
noruazumi
post Mar 20 2012, 08:38 AM

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QUOTE(doomdoom @ Mar 20 2012, 07:42 AM)
Goverment overprotect bumi is a fact, and implemented in petronas n university. Yes the 2 persons that mention nt bumi, but majority staffs are bumi n i belive petronas hire them nt becoz of capability
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I have been following this thread for quite some times now and I feel I have to share what I think with you.

Take note that PETRONAS is "half-private / half-gomen". Things were somewhat controlled by the gomen. So the performance may not be at peak based on your expert-observation.

Yes, many PETRONAS staffs are Bumi. But I belive non-bumis were given equal opportunity too. I know a senior manager and he is not a bumi. Dont think there's ever a racism culture being promoted in PETRONAS.

If u are saying that every single company that employ more bumi than non-bumi is racist companies, then I can say KHL is pretty racist too.

Capabilities do not associate with skin colors. Capabilities are individually-based to each person.

If u say that PETRONAS would be much performed if more non-bumis are hired, well there's a chance that PETRONAS will give out salary like KHL.



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