Let's say for average annual salary increment is roughly how much?
Need to plan for my future and just checking to compare..
Annual Salary Increment, % roughly how much
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May 28 2006, 01:22 PM, updated 20y ago
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#1
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Junior Member
233 posts Joined: Jan 2003 |
Normally annual salary increment is how much % of ur salary?
Let's say for average annual salary increment is roughly how much? Need to plan for my future and just checking to compare.. |
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May 28 2006, 01:35 PM
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#2
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59 posts Joined: Oct 2005 |
for me normally RM100 per year.
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May 28 2006, 02:01 PM
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#3
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Senior Member
777 posts Joined: Jan 2003 From: CyberWorld |
Technician post - RM50
Engineer post - RM80 Sometime no increment at all :/ |
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May 28 2006, 03:08 PM
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#4
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1,966 posts Joined: Jan 2003 From: No longer hanging by a NUS |
I've had 30% increment once... hehe...
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May 28 2006, 04:22 PM
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#5
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715 posts Joined: Jan 2003 |
7% annual increment
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May 29 2006, 12:42 AM
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#6
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974 posts Joined: Sep 2005 |
it really depends on how's the company doing, and how generous is ur company...
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May 29 2006, 01:03 AM
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#7
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1,045 posts Joined: Jul 2005 From: KL/PG |
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May 29 2006, 08:37 AM
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#8
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4,457 posts Joined: Jul 2005 |
QUOTE(Tehmh @ May 28 2006, 01:22 PM) Normally annual salary increment is how much % of ur salary? minimun 3-5% to cover the inflation only...not to enjoy luxury life...Let's say for average annual salary increment is roughly how much? Need to plan for my future and just checking to compare.. else can find another job already... |
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May 29 2006, 09:01 AM
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#9
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229 posts Joined: Oct 2005 |
They should give minimum COLA adjustment which is whatever the rate of inflation is for the year. Normally 3-5%.Then additional if its a good year for the company.Total about 7%-12%.
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May 29 2006, 09:13 AM
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Senior Member
715 posts Joined: Jan 2003 |
sigh
my company didn't even give us any COLA adjustment for the fuel increase and it's a fortune 500 company... This post has been edited by dsiew: May 29 2006, 09:13 AM |
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May 29 2006, 10:03 AM
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3,590 posts Joined: Apr 2006 From: nowhere |
after increment of about 15%, petrol rise, cooking gas rise, chicken rice rise, water rise, and now electric rise. That 15% pretty much reduced to bits.
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May 29 2006, 12:17 PM
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Senior Member
2,660 posts Joined: Jan 2003 From: Somewhere in the world |
it really depends on your company, anyway increament is not a mandatory for all company unlike companies in UK that each company have to give an increament to cover the inflation rate.
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May 29 2006, 01:42 PM
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Junior Member
101 posts Joined: Apr 2006 |
normal increament rate 5-7%
sometime dun have. |
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May 29 2006, 02:30 PM
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Senior Member
1,807 posts Joined: Jan 2003 From: KL |
about 7-10 %
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May 29 2006, 03:35 PM
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Elite
7,826 posts Joined: Jan 2003 |
My old company gave about an increment of 5% to 8% depending on your performance as well as the company's performance as well. Those who are exceptional gets an additional 50% on top of that 5-8% increment.
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May 29 2006, 04:09 PM
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Senior Member
736 posts Joined: Sep 2004 From: KL |
10% each year. 1 year got 2 times bonus, performance and CNY bonus.
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May 29 2006, 06:54 PM
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Senior Member
4,897 posts Joined: Aug 2005 |
rm30 onli
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May 29 2006, 09:45 PM
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Senior Member
1,903 posts Joined: Jan 2003 From: Wg Maju |
above 15% before my highest
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May 29 2006, 11:20 PM
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Elite
878 posts Joined: May 2006 From: Kuala Lumpur, Penang, Bangkok, Singapore |
You would need to evaluate how valuable and important you are to the company. Knowing your stand in the company, you can roughly set an expected increament range.
My minimum increment would be around 20%, the highest being 30%. But then again, I know where my value is, and how important I am to the organisation. It's about demand of supply. Guess I capitalised on that. |
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May 30 2006, 11:29 AM
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978 posts Joined: Jul 2005 |
QUOTE(sunbeams @ May 29 2006, 11:20 PM) You would need to evaluate how valuable and important you are to the company. Knowing your stand in the company, you can roughly set an expected increament range. Heh setting and getting it is 2 different matters entirely. HR is a beotch to deal with, I've never had any pleasant experience with HR in any company i've worked, they will always try to undercut the employees regardless of how much your boss say you are valued.My minimum increment would be around 20%, the highest being 30%. But then again, I know where my value is, and how important I am to the organisation. It's about demand of supply. Guess I capitalised on that. |
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