diploma ...yeah, currently i am looking for a new job..can't stand work here longer...no future growth at all...my team leader have work for more than 5 years ! ...but still salary not more than RM2000...
in addition, i work mostly at night...allowance rm200 only... deduct epf, socso....still get rm1600 ..
do u think my boss can increase my pay if i sent him a letter regarding salary is way below average ??

Some SME will give more increment cause there is no proper HR Pay Structure, all depends on the boss & manager feeling.

For MNC, they will compare to current GDP which about 4-7%

well, small company do have a lot of things to learn. How old are you now? if u just join the workforce, i suggest learning is the priority for you. Work more and learn more. After that only consider jump or fight for a promotion. salary is not everything, by times goes, with ur capability and experience, i don't think you will not get the salary and career advancement you wanted.

I think the situation goes both ways. But if everyone were to be earning that amount, then someone will start to complain they're making too low. So since the employer are the ones who plan for what they can afford (and willing) to pay, employees should be less demanding.

On the other hand, there are too many low balling jobseekers messing up the scale in Jobstreet in that a job requires someone to have X years experience in Y expertise, and then those blokes who don't qualify applies anyway, and totally screws over those people who DO qualify for that post. Then the employers call them in for interview and then bargains it down. It's a vicious cycle.

Nothing to debate, it is a supply & demand market. You pay peanut you attract monkeys.

I believe if you are good, good company willing to pay to attract good talent employee. If you feel you are underpaid & deserve much higher paid, then stop complain & ask for a raise or jump to other job offer. If you can't get any offer or paid raise, then better keep quiet & continue you job.

Can't deny that some company HR still stick to the stupid pay structure while the job market had move upward.

My company make billions of dollar every year, but they have not obligate to share the profit unless you are the shareholder.
We are just employee, which govern by Employment Act.

+1

Of cause work in Singapore is better, especially when you intend to spend in Malaysia. But to own a house & car in SG will be more heavy compare in Malaysia. All about give & take.

I believe in operation the FRS won't affect much, it will impact when your prepare statutory report or doing auditing & tax. More to management reporting then statutory reporting.

It is the different culture in Singapore which people are more demanding & hard to work with compare in Malaysia. Work so stress & no work life balance & most weekend gonna work.

Normally when we move to higher level, we intend not to work as hard as lower level, but work smart & more planning.

Go ahead, you next target be manager, then director & CFO. Sky is your limit, but also please don't fall down, the higher you go the heavier you fall.

BTW are you already Charter Accountant? (Member of Accounting Professional body)

You definitely need at least professional qualification to grow in the accounting/finance line, even if you don't want to be a Chartered Accountant. Without professional qualification, the most you can be in an MNC is in a junior supervisory role. Anything higher than that I would assume you'd need some form of professional qualification to advance. At least that's how I see it. Correct me if I'm wrong. Please note that I am talking about those companies with global presence and not those smaller local companies which might have different circumstances. Normally an MNC with a global presence require some kind of quality control on their accounting/finance staff and tend to hire professionals with proper qualification and working experience. Having only either one won't cut it.

+1

All finance/accounting manager in my ex-company are CA. Some even request a MBA qualify for manager.

Only if you are working in SME or Chinaman company, then they may prefer your experience & capability then qualification.

Finance & accounting is a professional field, you won't able to move to senior level if you lack of qualification, except you are the child of the directors or someone their name is much more longer.

I have a friend grad ACCA in 20/21 age, become AVPII (Assistant Manager) in well know MNC listed Co. at age 26/27, youngest AVPII (average age AVP 35++) in the company of >10k employees. But I never see he ever showing off his achievement in such young age.

Sometimes is better to be low profile & be humble, the more we explore, then we will know how small we actually are.

Good Luck, update us when you got your CIMA and CFA.

+1

Anyway academic also proof something & the level of knowledge you achieved.

Although most people may work better & more experience then those qualified, but company always believe those qualified may have better achievement in future.

So if you can't beat them, join them- get the professional qualification

Don't mind to tell, I'm ACCA Member. Work in a well know MNC.

Yes, I may go further to MBA if company willing to sponsor me. There is No harm to learn & study more. Learning never end.

^ That is why I am planning to take a professional certificate. But I'm looking at not only ACCA, CIMA, MICPA, CPA etc which seem too ubiquitous nowadays. I'm probably planning to take up CFP or MBA. Change of pace from "accounting".

There are plenty of MNC sponsor further study, of course it must related to your current role & subject to management approval. BTW this show the company value education & encourage it.
In any professional, CPD (Continue Professional Development) is important. So many company often send staffs for expensive seminar, training & workshop. So sponsoring MBA is nothing for them, of cause with bond condition due to higher cost.

I don't see there is problem study part time, BTW company normally will provide study & exam leave. I have plenty of friends taking MBA & professional course part time it just depends how you cope it. Some more MBA is much more easy to pass then professional paper, MBA just need to spend more time in research & assignment. Honestly MNC more value professional qualification compare to degree, you really feel the difference when you looking for job & able to demand higher paid.

FYI, I had triple my paid after 4 years graduate. Same to most my friends with ACCA, their salary also jump so fast compare to degree holder.

what is the current market salary for Bachelor's Degree in Acc & Finance Mgmt? Fresh Grad.

Age : 29
Job Title : Country Manager (Indonesia)
years spent in company : 5 years
work location : indonesia
Company : local listed
employment level : middle
Salary : MYR 12,000 + common expat benefits (house, transport, flight tickets, basic expenses excluding food - phone, utilities etc)

Anyone know the market rate for finance? Feel like underpaid with 4 yrs exp n working as exec... Getting 4k.... See that market some offer 5k...

Anyone know the market rate for finance? Feel like underpaid with 4 yrs exp n working as exec... Getting 4k.... See that market some offer 5k...

Age : 23
Qualification : SPM with lousy greds
Job Title : IT Consultant
Job Description :
-Train user/manager/night audit
-Prepare database/system for site (Hotel/Restaurant/College) POS System
Years Spent In Company : 1
Industry : Hospitality/Hotel
Tenure : permanent
Employment Level : Consultant?
Experience before joining : 2 years IT + CS
Salary : RM3.5k-4k
Pros : Free hotel stay / Eat all u can in hotel / Mileage claim
Cons : Travel , spend time in hotel.

VS
New offer

Job Title : Technical Helpdesk Analyst
Job Description : Troubleshoot issue for internal user globally?
Years Spent In Company : belum start
Company : ExxonMobil
Industry : Oil & Gas
Tenure : Contract 1 Year
Employment Level : Exec?
Experience before joining : 3 years IT
Salary : RM4.5k Basic , OT RM51 for an hour on weekend
Pros : dunno yet
Cons : takda.
Apa macam sifu sifu sekalian?

Permanent is better..new offer is contract. If u ok with the risk of no work after 1 year den go ahead..

Job Title : accounts executive
Job Desciption : full set accounts
Years spent in company : yet to enter
Company : 3 star hotel
Industry : hotel
Tenure : permanent
Employment Level : junior executive
Experience before joining : 1 year at manufacturing, 2 years at property development
salary : RM2,500

or

Job Title : execuitve - account & finance division
Job Desciption : more toward costing
Years spent in company : yet to enter
Company :
Industry : manufacturing
Tenure : permanent
Employment Level : junior executive
Experience before joining : 1 year at manufacturing, 2 years at property development
salary : RM2,500

which industry i should join?

Job Title : Account Executive
Job Desciption : Handle full set of accounts and also tax review
Years spent in company : One year
Company : CS MSC
Industry : Accounting Firm
Tenure : Permanent
Experience before joining : Experienced in Shipping company 3 years / Small audit firm 2 years / Singapore audit firm 1 year
salary : RM4500

Low or High???