Everything increases doesn't mean the company revenue will increase. People might cut down on the services or product that the company is offering thus offsetting the increase in price if any.

Job Title :Project Manager
Age : 31
Job Desciption : PMO Governance and Improvement
Years spent in company : 2 months
Company : Local Telco
Tenure : permanent
Employment Level : Not sure.
Experience before joining : 5 years in IT Technical field, 4 years in Project Management field
Salary : RM 8500 + 200 allowances + 20 days AL

There is no sense to that, people still need these neccessary things in their life, such as Chicken went up RM2, they need these food to consume.

Thus in a Cycle, Company > Dealer > Buyer = ( Higher prices ) + ( Higher Revenue For company )

Unless your company is crappy in making a product thus there are no one buying thus making a loss.

This post has been edited by UnknownDave: Sep 20 2013, 04:08 PM

There is perfect sense to that... Because not all companies will benefit from higher petrol price. Your "logic" doesn't differentiate companies but it's a view of the economy as a whole. And spouting "Unless your company is crappy in making a product thus there are no one buying thus making a loss.
" shows that you really dont understand business at all. Not all business can decide whatever price they want to charge to customers on their products, they can only do so if their competitors react to the higher cost as well and there are enough consumers who are willing to absorb the higher priced product/service. Some companies will have to suffer margin compression on higher fuel cost.

If your business doesn't suffer from the higher cost, then i think you have a good case to ask for an increment to compensate higher inflation cost in your life but companies don't owe you a living. You can't just say I deserve more money because the chicken i used to eat cost RM2 less. Just like the chicken sellers can't force you to eat chicken, he can raise the price but you might want to spend it on other meat because you don't think it's worth it.

On a more extreme example, I can't say i want 10% increment on my pay immediately because I used to eat imported 10 grain rice that used to be cheaper when ringgit was stronger. Because ringgit has weakened 10%, import cost has increased, i need the company to compensate me on that... .even though my company might be a totally non export oriented company that benefits nothing from a weaker ringgit. You get what i mean?

Having said that, i still think it's a bad way to justify a higher pay. You'll ge rewarded much better if you could prove that your contribution is material to company's top line or bottom line performance. If your productivity increases, given our job market having shortage of good quality workers, you'll end up beign able to demand much better pay.

I'm very concern about the feeling of massive self entitlement amongst workers these days. I highly encourage ppl to fight for a higher pay, demand what they deserve to get their fair share of the company's profit, please do not get exploited by companies. But please also don't think of it as a non-profit organisation. Job hopping, to a certain extent, is something i find quite healthy for workers to obtain better pay and better exposures and because of the competition for better workers, companies can't underpay and yet get good staff.

I know what i wrote wouldn't be that popular but i feel that there's a need to do it because if the wrong mentality pervades in the labour workforce, our workforce will be seen as expensive and unproductive relative to other countries. I hope i don't come across as having no sympathy for people who are suffering from higher inflation because I don't earn enough that basic necessities become a small part of my income yet too. However, Im sure most workers want to do better for themselves because they know their service is worth more or they can do more and not because corporates should sympathize with the rising cost situation. Our country isn't that bad at protecting a minimum level of household income. We have a minimum wage now although that's too low for major cities, i agree. But don't forget, we have 10% of our workforce as civil servants. Thailand has 4%, other countries in the region have around 5%. This has guaranteed a low unemployment in our country for a long time.

How nice.

The bolded part +99.

Some can do better but are just afraid of moving out, forget about Malaysia, think as it is a world where we can have multiple of choices, you don't like this job because it is underpaid, get somewhere else, it has becoming a big trend for youngsters to jump hop, while you are still young, go and explore, there is no point in staying in a company where your productivity is 110%, which is 10% above, and yet increment, pay and your bonus are still the same entitlement like many years ago.

What were doing actually create more jobs and opportunities in a sense, foreginer know malaysian can do their job thus they bring over to Malaysia thus creating more job with higher pay. It is a healthy competition, it actually bring more values to our workforce and it make them to increase employee pay job.

Now back to the business part, it is a very struggling situation where an employment is a business while business is a business, it is not our "problems" that your company can't raise to the competition of ever inflation economy. We are employed only because we are needed to do this particular job, and our minimum wages and inflation has raised to a bar. A job which pay 900PM a year ago has raised to RM1400, this raises is just barely enough.

Let's wait till next year after bonus and CNY, you can see there will be even more people that leave for better paid/benefit/worklife job. Now like I said, it is a trend nowadays among youngsters. Keep it up, and do it more. So that employer know we deserve a fair deal employment, but not a high responsibilites job but a low paid one for their cost budgetting to keep all the money to themself.

Guys, i need some answer for my question, i am a fresh graduate in IT field, and few days ago i receive an offer as below:

basic salary 2350 + transport 400

But the problem is i put my expected salary RM2800, somehow i feel like kena tipu..... other company that mentioned to me like RM2700 , rm2900 is only gross but not the basic salary?

Whatever you expected doesn't mean the company needs to fulfill, so it is not cheating.
But it is still up to you to accept or not, they can't force you.

meaning that, the other companies that offer me rm2.6k , rm2.7k all are gross salary? or it depend on the company? man... i shouldn't sign the contract yesterday

I would say almost all, if not all salary offers from companies are gross salary before your tax and epf deduction. You are only a fresh graduate and still young. Most importantly is the prospect of the job. Worst come to worst, you can always resign and take up another higher job offer in the future.

Most of the time gross salary, how to give you an accurate net salary off hand?

i understand and appreciate your intention of words, the thing that i concern is mostly average pay for fresh graduate in IT was rm2.6k , and i wonder the rm2.6k was gross or nett pay? if it was gross , i am totally fine with the salary given by my company. One of the main reason i take the job is it was a software house and i believe i can learn more compared to some IT subsidiary company from irrelevant industry such as HSBC IT, MTS and so on.

What is so difficult about it? We know that EPF contribution deducts 11% off your gross, there's SOCSO for RM14.75, and beyond a certain range, you get to use the tangga cukai to calculate PCB. Unless you are earning commission (which nature makes it difficult to calculate the net salary in the first place), knowing the net salary can be done by using simple calculations

I know this because I see people's salary 10 times a day I don't share it with anyone, but when people ask, which industry they should be in and which job should they take, i can immediately give them suggestions

Hi there, you sound professional, based on my case, i got basic salary 2350, + allowance rm400, is my pay considered low pay for a first class fresh graduate in IT field?

Thank you, if you think I am good, well if you know anyone who is interested in getting a mortgage, send them to me. I will TEACH them!

Back on topic, that salary is good for a fresh graduate. Not on the low side, and not on the high side. IT is a competitive field, many are paid less than what you are being offered. Sure, there may be some better offers, but it is within the acceptable ball park.

Some of my IT background clients are earning RM2200 and 2000...

edit: And to answer your question, most salary quoted is GROSS salary. If the salary your are offered with is less than RM3500, just minus 12% off that salary to get aBALL PARK figure of your net salary


This post has been edited by wild_card_my: Sep 20 2013, 11:50 PM

Hi,

Age: 31
Job Title : Senior Engineer (process)
Job Desciption : Evaluate new tech, basic engineering, FEED proposal
Years spent in company : NA (New offer)
Company : MNC
Industry : O&G
Tenure : Permanent
Experience before joining : 8 yrs
Salary : RM 13000 (+1 mth contractual bonus)
Working hours: 9am-6pm
Benefits: Optical/Clinical/Dental <4k, Insurance for hospitalization etc.

Is this considered ok for O&G? Because I heard usually it will be higher.

Higher could be due to offshore allowance

I see people's salary all the time as well. Used to be part of my job, buy these days I'm more to supervision role.
Well, of course what you said is true, and you will need to calculate your annualized tax as well, put in the YTD tax deduction and EPF contribution to ensure accurate tax deduction.
Just saying.
In nutshell, what I was trying to say, they always give gross salary figure.

I can always give an estimation amount but most of the time I don't do it unless the employees want from me.

This post has been edited by fruitie: Sep 21 2013, 12:46 AM

Noted. And I was trying to tell the previous poster about how to ballpark the net income. But yeah, the quoted salary is usually gross salary, least that is the practice in Malaysia.

Thanks for sharing anyway

my previous job, i need to handle design, meeting client, draft drawing, draft bq, quotation pricing for bq, prepare sample for material, project coordination, site supervision, ordering material to site, arranging worker/ sub-con to site, prepare report, site meeting with client or consultant, arranging payment for sub-con, make claim from client.

now i lost track and dont know how much salary will be reasonable for knowing and doing so many. now i only request& demand based on market value from jobstreet.

now judging from your experience how much is my salary reasonable?