I think for Diploma holder, Salary RM3127 already high. If you want to jump for 20%, maybe hard because some company already have guide line salary base on qualification. Unless you have really good technical skill.

Your case almost same for me.. I degree holder,4 year experience salary 5200.. want jump for 30% but hard because because to get RM6.5k need experience around 6-7 years.

Job Title                        :Corporate Finance (Senior Associate)

Job Description                :Draft announcements, circulars , applications (fund raising, diversification, acquisition, etc)

Years spent in company :Just started (4 months)

Company                        :One of the advisory firm in Malaysia

Industry                        :Financial Services (Corporate Finance)

Tenure                        :Permanent

Employment Level        :Senior Associate
Experience before joining :3 and a half years in Audit at one of the Big 4 Accounting Firm in Malaysia

Highest paper qualification/ education background : 1) Bachelor degree in Accounting and Finance
                                                                                        2) CPA Professional Status
Salary                        :Basic (RM4,400)
                                        Bonus (Unknown but been told about 3 to 6 months)
                                        Allowance: travelling (RM200)
                                        Dentist & medical (Basic).

Working Hours                :Official (9 am to 6 pm)
                                        Usually (8.45 am to 7.30 pm)

Note : I left Audit at RM5,000. So, I took a paycut to join CF. Working hours is not so crazy yet maybe because I am still new. Based on observation, colleagues go home on average about 8 pm to 10pm based on engagement timelines. Increment is less than 10% per year. Promotion opportunity is not promising. Wondering if anyone from the same Industry can tell me if my pay is allright? Should I jump to Investment Bank?

Thanks for your advise..

let me benchmark my case against urs:

Job Title :Corporate Finance (Assistant manager)

Job Description :merger and acquisition, IPO, transaction services, restructuring

Years spent in company :Just started (4 months)

Company :One of the advisory firm in Malaysia

Industry :Financial Services (Corporate Finance)

Tenure :Permanent

Employment Level :Assistant Manager
Experience before joining :4 years in Audit (top 10 but not big 4)

Highest paper qualification/ education background : 1) Bachelor degree in Accounting and Finance
2) ACCA

Salary :Basic (RM6,300)
Bonus (Unknown but been told about 1 month)
Allowance: Nil
Medical (Basic).

Working Hours :Official (9 am to 6 pm)

I have been work as audit for 4 years and left when I was assistant manager with salary at RM5,700. I left audit simply bcz wanted to venture into something new and get tired with audit work. but the opportunity cost is that I have to foregone my Manager position if I continue at audit. now I have to wait at least 2 years to be promoted to Manager.

any advise from anybody?

If you were to leave for an investment bank, the hours will only be longer. Perhaps you should consider the job scope, in a Malaysian investment bank, CF typically entails execution of the deals and very limited structuring and no valuation work. I'm not sure about your exact job scope, but enjoying the work that you do would be an important factor to consider.

Oil and gas experiencing talent war... Here is what I heard so far...

Job Title : Engineer
Job Desciption : Geoscience/Subsurface
Years spent in company : 5
Company : MNC
Industry : OnG
Tenure : Local Permanent
Experience: 5 years
Highest paper qualification/ education background : Degree
salary : RM 25500 (gross)

Sape2 sini lau hau sui? I know I do

I may be out of topic as I am a Malaysian working in Singapore now.. previously working in Malaysia as a staff nurse. XD just thought of sharing if anyone is interested to be one!

Job Title : Staff Nurse
Job Description : Operating Theatre Nurse
Years spent in company : 5 months
Company : -
Industry : healthcare
Tenure : permanent
Employment Level : junior
Experience before joining : less than 1 yr
Highest paper qualification/ education background : diploma for 3 years
salary : SGD2150~SGD2600

yeah, working hours definitely longer? but how long? also, investment banker have lucrative bonus? which I heard some bank like CIMB and Public at least 6 months bonus.is tat true?

u heard? u friend's salary? kinda true with 5 years experience,but after USD to RM conversion I guess

You can expect 9 am - 12am on weekdays, 10 am - 6 pm on weekends while on a tight project. Rushing for submissions can leave you pulling all nighters too, I've experienced that myself. On the rare occasion when you have just completed a project, hours can drop to the standard 9 am - 6 pm for a week or so.

Oh bonuses are good, very good.

Do consider your job scope. The 'execution' work in CF at local IBs are not exactly what most people expect. If you are doing some structuring, research or advisory work within your CF department, it could well be more interesting and fulfilling.

I think I am underpaid as what the boss promised (quarterly incentives) seems hard to achieve >.<

Job Title : Sales & Marketing Manager
Job Desciption : Chanel & Enterprise Sales for program & solutions; Marketing for their eCommerce business
Years spent in company : 3 months
Company : small company, only me & the director run market >.<
Industry : IT Solutions & eCommerce
Tenure : Permenant
Employment Level : Manager
Experience before joining : 10
Highest paper qualification/ education background : MBA
salary : RM5.5K (Boss verbally committed have incentive bonus but just found out they can't achieve target for the past few years)

p.s. helping the director manage 2 businesses. Weekends also need to meet up for discussion and midnight received email+whatsapp...

with a MBA and 10 years of experience? making 5.5k seems like pretty underpaid.