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 Lets talk salary v5

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sernchern
post Dec 17 2012, 01:31 AM

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Job Title : Mill Manager
Job Description : Incharge the whole Mill including operation, maintenance, management and safety.
Academic level: Bachelor degree with honours in mechanical engineering in University of Leeds(second upper). Also with steam cert grade 2 certified by DOSH and Diploma in palm oil milling and technology ( distinction)
Age : 26 yrs
Years spent in company : 1.5 year
Years spent in this industry: 4 years
Company : Seong Thye Plantation SDN Bhd
Industry : Palm Oil industry
Employment Level : Management/executive
Experience before joining : 4 years
Salary : RM 8000 with 10 months bonus.
Remuneration: company vehicle ( Toyota fortuner) including diesel and car maintenance, a estate banglow with fully furnised, maid and gardener. Water and electricity are provided.
Cons: living in plantation ............
SUSMaterazzi
post Dec 17 2012, 01:33 AM

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QUOTE(conqu3ror @ Dec 16 2012, 11:14 PM)
Generally 5k will be just enough with a house due to standard of living keep increase.

Anyway, all depend how your spending lifestyle. Such as now every people also holding iPhone/Samsung Galaxy, Astro & Internet at home. 5-10 years ago, these thing not even exist. If you don't own these, you may save extra 300-400/mth for food expenses or petrol.
*
MNC pay peanuts. How to get job in big 4?
Food already served in office.got travel allowance too.


Added on December 17, 2012, 1:34 am
QUOTE(tommy79 @ Dec 16 2012, 11:00 PM)
Job title: Assistant Manager - Pricing & underwriting
Job description: Financial Sector
Age: 29 yrs old
Status: Single
Years spent in company: 5 yrs
Education: Degree
Tenure : Permanent
salary : Basic - RM 4.2k; (Bonus - 3.5 months)
Yearly increment: 4.0-5.5%
Working hrs: Monday to Friday (8.45am to 9:00pm)
*
Long hours and not high salary. U not complain?


Added on December 17, 2012, 1:36 am
QUOTE(sernchern @ Dec 17 2012, 01:31 AM)
Job Title : Mill Manager
Job Description : Incharge the whole Mill including operation, maintenance, management and safety.
Academic level: Bachelor degree with honours in mechanical engineering in University of Leeds(second upper). Also with steam cert grade 2 certified by DOSH and Diploma in palm oil milling and technology ( distinction)
Age : 26 yrs
Years spent in company : 1.5 year
Years spent in this industry: 4 years
Company : Seong Thye Plantation SDN Bhd
Industry : Palm Oil industry
Employment Level :  Management/executive
Experience before joining : 4 years
Salary : RM 8000 with 10 months bonus.
Remuneration: company vehicle ( Toyota fortuner) including diesel and car maintenance, a estate banglow with fully furnised, maid and gardener. Water and electricity are provided.
Cons: living in plantation ............
*
Wow high salary. Even sime darby only 5 mths bonus.lucky u


This post has been edited by Materazzi: Dec 17 2012, 01:36 AM
sernchern
post Dec 17 2012, 01:40 AM

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QUOTE(Materazzi @ Dec 17 2012, 01:33 AM)
MNC pay peanuts. How to get job in big 4?
Food already served in office.got travel allowance too.


Added on December 17, 2012, 1:34 am
Long hours and not high salary. U not complain?


Added on December 17, 2012, 1:36 am

Wow high salary. Even sime darby only 5 mths bonus.lucky u
*
I am lucky but at the same time I put quite a lot of effort. I am trying to get my steam cert grade 1 and heading for my IR professional engineer.

conqu3ror
post Dec 17 2012, 07:53 AM

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QUOTE(sernchern @ Dec 17 2012, 01:31 AM)
Job Title : Mill Manager
Job Description : Incharge the whole Mill including operation, maintenance, management and safety.
Academic level: Bachelor degree with honours in mechanical engineering in University of Leeds(second upper). Also with steam cert grade 2 certified by DOSH and Diploma in palm oil milling and technology ( distinction)
Age : 26 yrs
Years spent in company : 1.5 year
Years spent in this industry: 4 years
Company : Seong Thye Plantation SDN Bhd
Industry : Palm Oil industry
Employment Level :  Management/executive
Experience before joining : 4 years
Salary : RM 8000 with 10 months bonus.
Remuneration: company vehicle ( Toyota fortuner) including diesel and car maintenance, a estate banglow with fully furnised, maid and gardener. Water and electricity are provided.
Cons: living in plantation ............
*
Mill Manager at 26 & with only 4 years experience? Either too good to be true, or you are really really good.



QUOTE(Materazzi @ Dec 17 2012, 01:33 AM)
MNC pay peanuts. How to get job in big 4?
Food already served in office.got travel allowance too.


Added on December 17, 2012, 1:34 am
Long hours and not high salary. U not complain?


Added on December 17, 2012, 1:36 am

Wow high salary. Even sime darby only 5 mths bonus.lucky u
*
How to get in to Big4? Just send your resume & apply job thru Big4 website. If you attend interview before & not manage to get in, then you may not good enough or may have attitude problem.

Some of my friends who can't speak fluent English still manage to get in. These days Big4 had lower their requirement due to short of candidates.
SUSMaterazzi
post Dec 17 2012, 09:21 AM

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QUOTE(conqu3ror @ Dec 17 2012, 07:53 AM)
Mill Manager at 26 & with only 4 years experience? Either too good to be true, or you are really really good.
How to get in to Big4? Just send your resume & apply job thru Big4 website. If you attend interview before & not manage to get in, then you may not good enough or may have attitude problem.

Some of my friends who can't speak fluent English still manage to get in. These days Big4 had lower their requirement due to short of candidates.
*
Wow really? I managed to get interview for 2 of big 4 and failed. My salary now above their a2 and i hv 2.5 yrs exp but i dont mind if i have to wotk as freh again in big 4
conqu3ror
post Dec 17 2012, 10:30 AM

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QUOTE(Materazzi @ Dec 17 2012, 09:21 AM)
Wow really? I managed to get interview for 2 of big 4 and failed. My salary now above their a2 and i hv 2.5 yrs exp but i dont mind if i have to wotk as freh again in big 4
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In 10 years ago, the Big5 (when Arthur Andersen still around) only recruit top student/employee. If you ever fail any paper in ACCA/CIMA/CPA you are disqualify in their list. But now world has change.

Bro. do you really think working in Big4 really give you big money?

Lets do the maths
Let say Big4 offer 4k & commercial is 3.5k

Big4- Work average 12 hours for 25days (sometime work on Sat)= work 300hrs/mth

RM4000/300hrs = RM13.33/hr

Pros-
gain more experience & get promoted every 1-2 years (due to very high staff turnover)

Cons-
No life, workaholic life, sleepless, very stressful life, no entertainment, no time for family/partner & etc


Commercial- Work average 9 hours for 22 days (sometime OT) = work 198hrs/mth

RM3500/198hrs = RM17.68/hr

Pros-
better bonus, work life balance, less stress, more time for family/partner and etc

Cons-
Less experience gain, hard to get promoted, routine work and etc

Anyway it is all depends what you really want, if not happy with current job, stop whining and go get better job and offer. If you can't get any offer, blame no one and continue you current role.

RockStar05
post Dec 17 2012, 12:57 PM

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Job Title : Clerical Asst. (HR) come Training Cordinator
Job description: Handle full training matters registration until HRDF claim. (internal, external, overseas)
Years spent in company : 2years and 8 months
Company : Publications
Industry : print media
Tenure : permanent
Employment Level : confidential clerical
Experience before joining : Fresh Graduate with - BA (Hons) Business Management + Diploma in Business Management
Part Time Job While studying: 4years Food & Beverage (Bar Tender & Waiter)

Current Salary : RM 1800.00+

Kindly advise.

This post has been edited by RockStar05: Dec 17 2012, 01:00 PM
ilario
post Dec 17 2012, 01:21 PM

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Joined: May 2011
From: Malaysia



Job Title : Jr Planner
Job Desciption : Project planning using primavera and Tilos
Years spent in company : 3 month
Company : Local
Industry : Construction
Tenure : permanent
Employment Level : dont care about level
Experience before joining : project broker
salary : RM 4k+
Darkcloudz
post Dec 17 2012, 01:45 PM

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Job Title : Implementation Consultant ( F&B )
Job description: Implement on software and hardware part in F&B line and Hotels
Years spent in company : 1.5 months
Company : MNC
Industry : IT
Tenure : permanent
Employment Level : confidential
Experience before joining : Phone specialist and part time promoter.

Salary : RM3.3k

Please advice.

This post has been edited by Darkcloudz: Dec 17 2012, 02:14 PM
SUSMaterazzi
post Dec 17 2012, 01:52 PM

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QUOTE(RockStar05 @ Dec 17 2012, 12:57 PM)
Job Title : Clerical Asst. (HR) come Training Cordinator
Job description: Handle full training matters registration until HRDF claim. (internal, external, overseas)
Years spent in company : 2years and 8 months
Company : Publications
Industry : print media
Tenure : permanent
Employment Level : confidential clerical
Experience before joining : Fresh Graduate with - BA (Hons) Business Management + Diploma in Business Management
Part Time Job While studying: 4years Food & Beverage (Bar Tender & Waiter)

Current Salary : RM 1800.00+

Kindly advise.
*
It's low.


Added on December 17, 2012, 2:15 pm
QUOTE(conqu3ror @ Dec 17 2012, 10:30 AM)
In 10 years ago, the Big5 (when Arthur Andersen still around) only recruit top student/employee. If you ever fail any paper in ACCA/CIMA/CPA you are disqualify in their list. But now world has change.

Bro. do you really think working in Big4 really give you big money?

Lets do the maths
Let say Big4 offer 4k & commercial is 3.5k

Big4- Work average 12 hours for 25days (sometime work on Sat)= work 300hrs/mth

RM4000/300hrs = RM13.33/hr

Pros-
gain more experience & get promoted every 1-2 years (due to very high staff turnover)

Cons-
No life, workaholic life, sleepless, very stressful life, no entertainment, no time for family/partner & etc
Commercial- Work average 9 hours for 22 days (sometime OT) = work 198hrs/mth

RM3500/198hrs = RM17.68/hr

Pros-
better bonus, work life balance, less stress, more time for family/partner and etc

Cons-
Less experience gain, hard to get promoted, routine work and etc

Anyway it is all depends what you really want, if not happy with current job, stop whining and go get better job and offer. If you can't get any offer, blame no one and continue you current role.
*
To become manager in big 4 is easier than in commercial. You think that i never OT. I OT everyday and unpaid and being labelled by other MNCs that i never OT and lack of exp since i was in MNC. Better sacrificed myself in big 4 and got recogntion.


This post has been edited by Materazzi: Dec 17 2012, 02:15 PM
sernchern
post Dec 17 2012, 05:37 PM

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QUOTE(conqu3ror @ Dec 17 2012, 07:53 AM)
Mill Manager at 26 & with only 4 years experience? Either too good to be true, or you are really really good.
*
The reason I share my salary are as followings:-
1)I would like to know where do I stand .
2)I realise seldom info from plantation industry share their information here mayb they are all hiding in jungle. I am hoping more ppl from the same industry as me will post their salary here after I did the 1st step.
3) in this industry we hav to stay in the interior location so to compensate the bosses hav to pay higher salary to those qualified person and retain them.
4) Palm oil is the second industry that make the most profit for this country after oil and gas industry. So if u really good and make significant profit it is possible to hav high salary.

I am not trying to convince u that I am true but just want to let u know the reason behind. Thanks for letting me know ur opinion I appreciate it very much.

conqu3ror
post Dec 17 2012, 07:48 PM

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QUOTE(Materazzi @ Dec 17 2012, 01:52 PM)
It's low.


Added on December 17, 2012, 2:15 pm

To become manager in big 4 is easier than in commercial. You think that i never OT. I OT everyday and unpaid and being labelled by other MNCs that i never OT and lack of exp since i was in MNC. Better sacrificed myself in big 4 and got recogntion.
*
To become assistant manager in big4, yes provided you very hard working & smart & able suffer to work >4 years. But to be manager level, you must have professional qualification plus you are really really good & hardwork.

All the best to you to get in Big4, but seen you attended some of the interview, sorry to said they have some cooling period before you can go for another interview. Seen they don't offer you a job, they must have some reason behind and you should think about it.

A genuine advise, instead of keep complain & comparing, please put all your effort to complete your CIMA. With professional qualification you can easily get a better paid job. If you stuck completing it, there goes your salary level also.
SUSMaterazzi
post Dec 17 2012, 10:05 PM

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QUOTE(sernchern @ Dec 17 2012, 05:37 PM)
The reason I share my salary are as followings:-
1)I would like to know where do I stand .
2)I realise seldom info from plantation industry share their information here mayb they are all hiding in jungle. I am hoping more ppl from the same industry as me will post their salary here after I did the 1st step.
3) in this industry we hav to stay in the interior location so to compensate the bosses hav to pay higher salary to those qualified person and retain them.
4) Palm oil is the second industry that make the most profit for this country after oil and gas industry. So if u really good and make significant profit it is possible to hav high salary.

I am not trying to convince u that I am true but just want to let u know the reason behind. Thanks for letting me know ur opinion I appreciate it very much.
*
Regarding no.4 i din't agree. Because i was offered by one of big listed palm oil company with same salary with my current. They cannot go beyond what i want. They convinced me that big company not always give high salary


Added on December 17, 2012, 10:15 pm
QUOTE(conqu3ror @ Dec 17 2012, 07:48 PM)
To become assistant manager in big4, yes provided you very hard working & smart & able suffer to work >4 years. But to be manager level, you must have professional qualification plus you are really really good & hardwork.

All the best to you to get in Big4, but seen you attended some of the interview, sorry to said they have some cooling period before you can go for another interview. Seen they don't offer you a job, they must have some reason behind and you should think about it.

A genuine advise, instead of keep complain & comparing, please put all your effort to complete your CIMA. With professional qualification you can easily get a better paid job. If you stuck completing it, there goes your salary level also.
*
Thank you for your encouragement bro.

Firstly, i can say whenever i saw job advertisement,80% prefer big 4 exp. From april this year i have attended about >10 interviews. Most gave up on me because my expected salary is too high. I also saw my cousin in kpmg is difficult to switch to commercial too since her salary is high in kpmg. I can conclude mnc pay peanuts too now, they focus on cost saving.

Secondly, i need to finish 6 more papers in cima. And i thought my experience as accounting supervisor will be valued more? I am directly report to FM/CFO in my company and i hv 5 people report to me. And for pay i am earning less than 5k.


This post has been edited by Materazzi: Dec 17 2012, 10:15 PM
conqu3ror
post Dec 17 2012, 11:41 PM

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QUOTE(Materazzi @ Dec 17 2012, 10:05 PM)
Regarding no.4 i din't agree. Because i was offered by one of big listed palm oil company with same salary with my current. They cannot go beyond what i want. They convinced me that big company not always give high salary


Added on December 17, 2012, 10:15 pm
Thank you for your encouragement bro.

Firstly, i can say whenever i saw job advertisement,80% prefer big 4 exp. From april this year i have attended about >10 interviews. Most gave up on me because my expected salary is too high. I also saw my cousin in kpmg is difficult to switch to commercial too since her salary is high in kpmg. I can conclude mnc pay peanuts too now, they focus on cost saving.

Secondly, i need to finish 6 more papers in cima. And i thought my experience as accounting supervisor will be valued more? I am directly report to FM/CFO in my company and i hv 5 people report to me. And for pay i am earning less than 5k.
*
Bro. MNC look more on qualification then your experience, so as the Big4, you never make it to Manager level if you don't have professional qualification, regardless whether you are MIA member.

From Audit/Tax to commercial is a big change, some of my friend stupid enough to back to Big4 due to don't like the closing & routine job in commercial. Some not even able to cope the commercial job due to different natural.

I'm ex-Sime Darby staff. Reason Sime Darby not offer high paid due to HR look the benefit & remuneration as a package, and they are one of the best employee benefit in country. Most my ex-colleague don't leave due to the benefit & bonus despite the salary not high.

I always said, if you feel underpaid, just jump other company who willing to offer you. If you can't get any better offer, mean you are well paid and you need to work harder to get better paid.

Honestly, 6 papers is a long way, you should focus more to it for the sake of your high paid career dream. Please extent your vision, and not be short sighted & see the short term benefit.

I rarely see any MNC Finance Manager/Director with Degree only. Only SME & some Chinaman company who prefer experience then professional qualification.


karma888
post Dec 18 2012, 11:24 AM

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Just my 2 cents....

employment is no longer safe. I used to be a young ciku and like all, i gave my all in my works. Sad to say, after 8 long years, it goes nowhere.

But luckily i stay frugal all this while and managed to save some money.

Now that im on my own, i have so much freedom and do what i like and best of all, i no need some smart alec tell me i'm not good and shit like that.

You guys are already good now. You just need to reach into your self belief system and get out of that so call comfort zone to be great.

Bless you all.


SUSMaterazzi
post Dec 18 2012, 01:09 PM

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QUOTE(conqu3ror @ Dec 17 2012, 11:41 PM)
Bro. MNC look more on qualification then your experience, so as the Big4, you never make it to Manager le

I always said, if you feel underpaid, just jump other company who willing to offer you. If you can't get any better offer, mean you are well paid and you need to work harder to get better paid.

Honestly, 6 papers is a long way, you should focus more to it for the sake of your high paid career dream. Please extent your vision, and not be short sighted & see the short term benefit.

I rarely see any MNC Finance Manager/Director with Degree only. Only SME & some Chinaman company who prefer experience then professional qualification.
*
I don't need best benefit, my current company has one of best benefit here. What i dont like from MNC, the increment there is only 10%.
I will finish my cima soon bro.what are other qualification that useful? Take another degree? My degree result not good, i got 2nd lower,just need few points to make it 2nd upper but employer like PwC not treat it as excuse.sighzz..and xima not relevant to big 4 right?


Added on December 18, 2012, 1:10 pm
QUOTE(karma888 @ Dec 18 2012, 11:24 AM)
Just my 2 cents....

employment is no longer safe. I used to be a young ciku and like all, i gave my all in my works. Sad to say, after 8 long years, it goes nowhere.

But luckily i stay frugal all this while and managed to save some money.

Now that im on my own, i have so much freedom and do what i like and best of all, i no need some smart alec tell me i'm not good and shit like that.

You guys are already good now. You just need to reach into your self belief system and get out of that so call comfort zone to be great.

Bless you all.
*
If you want safe job go for big 4

This post has been edited by Materazzi: Dec 18 2012, 01:11 PM
conqu3ror
post Dec 18 2012, 01:57 PM

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QUOTE(Materazzi @ Dec 18 2012, 01:09 PM)
I don't need best benefit, my current company has one of best benefit here. What i dont like from MNC, the increment there is only 10%.
I will finish my cima soon bro.what are other qualification that useful? Take another degree? My degree result not good, i got 2nd lower,just need few points to make it 2nd upper but employer like PwC not treat it as excuse.sighzz..and xima not relevant to big 4 right?


Added on December 18, 2012, 1:10 pm

If you want safe job go for big 4
*
CIMA 6 papers hmm.gif Please let me know if you can complete by end of 2013.

Most people will go further study for Master Degree.

10% annually still consider low? Guess starting own business only can fulfill your desire & dream. It is very hard to become rich by a employee. Or maybe jump to sales/marketing/property agent can get you to your high paid dream, 10-20k per month not a issue, if you hardwork enough to get the sales.

But in Finance & Accounts, probably work 5-10 years you still can't to reach 10k.

Let me know how many & what level of people in Big4 get 10-20k per month?
SUSMaterazzi
post Dec 18 2012, 02:25 PM

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QUOTE(conqu3ror @ Dec 18 2012, 01:57 PM)
CIMA 6 papersĀ  hmm.gif Please let me know if you can complete by end of 2013.

Most people will go further study for Master Degree.

10% annually still consider low? Guess starting own business only can fulfill your desire & dream. It is very hard to become rich by a employee. Or maybe jump to sales/marketing/property agent can get you to your high paid dream, 10-20k per month not a issue, if you hardwork enough to get the sales.

But in Finance & Accounts, probably work 5-10 years you still can't to reach 10k.

Let me know how many & what level of people in Big4 get 10-20k per month?
*
Senior manager in big 4 should be able command 10k/mth.if every yr you are promoted, within 10 yrs you can achieve that.

I think cannot finish all in 2013. The fastest may 2014 for T4 case study. For exp, i already got 18 mths in commercial.

Then what maater degree u recommend? I thought they prefer prof qualification than maater degree

This post has been edited by Materazzi: Dec 18 2012, 02:29 PM
conqu3ror
post Dec 18 2012, 03:15 PM

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QUOTE(Materazzi @ Dec 18 2012, 02:25 PM)
Senior manager in big 4 should be able command 10k/mth.if every yr you are promoted, within 10 yrs you can achieve that.

I think cannot finish all in 2013. The fastest may 2014 for T4 case study. For exp, i already got 18 mths in commercial.

Then what maater degree u recommend? I thought they prefer prof qualification than maater degree
*
Generally MBA will recognised by most firm, but it only useful when you going toward manager level.

The preference for Prof qualification or master degree are depend on what level of job you apply, if fresh grad, then most firm will prefer prof qualification, if you are good & experienced >5 year in operation/business, then Master will be more valuable.

If you know business, the paid are decide by how much you can add value & generate income to business. So if you wanna get high paid, ask yourself, how can you derive benefit & income to company, so that they have enough money to paid your salary.

This post has been edited by conqu3ror: Dec 18 2012, 03:16 PM
SUSMaterazzi
post Dec 18 2012, 03:32 PM

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QUOTE(conqu3ror @ Dec 18 2012, 03:15 PM)
Generally MBA will recognised by most firm, but it only useful when you going toward manager level.

The preference for Prof qualification or master degree are depend on what level of job you apply, if fresh grad, then most firm will prefer prof qualification, if you are good & experienced >5 year in operation/business, then Master will be more valuable.

If you know business, the paid are decide by how much you can add value & generate income to business. So if you wanna get high paid, ask yourself, how can you derive benefit & income to company, so that they have enough money to paid your salary.
*
It will be definitely not in accounting.
in big 4, auditor will be considered as profit generating whereas in commercial as cost cntre.

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