seriously to be honest if you are to do the same job for rest of your life. u be paid the same amount or lesser even for years to come. basically it comes down to demand and supply. if the company willing to keep u. that's fine, consider yourself lucky. when they opt for automation u are consider redundant and out of the job. basically it comes down to one's own mindset.

when you see yourself doing above more than you are paid, keep learning and improving. the company management does not give a damn about been appreciative to your efford. instead of finding justification to brainwash you into thinking this is what u deserved. henceby taking all your credits to promote themselves. to keep their jobs safe. dumping their workload on you taking things easy themselves. it's your own wisdom and decision either to move out for better prospect. or perhaps stay down being obedient under suppression.

the contribution factor are inflation. where goes with our purchasing power? even SG dollar fares better than ringgit. inefficient money management by our govt. always ask parliment supplementary budget and mismanagement. the growing national deficits we lose out paying interest to dev nation like japan for example.

the very high presence of foreigners/illegal aliens in our streets/city/town/factories. they work and take huge amount our monies out back home. so what can you say?

if someone not being promoted for 3-4 levels up from day 1 he/she joint the company for 10 yrs, then somthing wrong alrdy. Better move out to find  greener grass... ideally one shld chg job every 4-5 yrr for career dev.

Absolutely nothing we can do. And we can't do anything on monetary policy too.

u need not change job frequently. otherwise u be label as "leaping frog" in the market. if the same company offer you prospect. well make do with it. if other co. is paying fair much better benefit. there is no stopper one opt to move on. the decision always yours.

Changing job evry 4-5 yrs once shld not labled as leaping frog la...! I refering to someone joint the company as clerk/executive/engineer.. and 10 yrs later.. still keep the same position or only 1 level up la!

u need not change job frequently. otherwise u be label as "leaping frog" in the market. if the same company offer you prospect. well make do with it. if other co. is paying fair much better benefit. there is no stopper one opt to move on. the decision always yours.

Your opinion and insights does not apply to those working in the oil and gas sector like me. Sorry dude.

you have your point here.

are u saying your co.
1. have a very high turnaround of staff?
2. too much excess of politics and discrimination affecting staff moral.
3. major reshuffling to downsize organization structure.
4. closure of business unit/cost center which they see deem not profitable.
5. downsizing in way centralize core operation. where branches had to shutdown.
6. outsourcing.

u need not change job frequently. otherwise u be label as "leaping frog" in the market. if the same company offer you prospect. well make do with it. if other co. is paying fair much better benefit. there is no stopper one opt to move on. the decision always yours.

I heard rumors of BLR is going to increase. Currently the amount is 6.6%. I do rough estimation if there are 1.0% increase. you keep on paying the current rate. your loan tenure will extend to another 2 years.

for example there are a time year back BLR 5.5%. now is 6.6%. what will happen if this keep on increasing. now with rumors of GST going wild. the rapid hike in cost of living. think of it if BLR increase further. what is the implication.

BSN just announced it increased its BLR to 6.6%. Why did they do this? There was no change in the OPR by Bank Negara, right? And I thought the current BLR is already at 6.6%?

if your referring to those who hop every 6 months, then they can be called leaping frog without proper specialization.

every 4-5 years is the ideal case for <40 years old or so. Say your current job grade is lvl5, and you know it takes ~5 years to level up. You can hop to another RELEVANT company to receive that higher job grade + salary markup + new experience. And when time comes, you may opt to hop back to your original company, and the "old" workers will realise how you manage to be in so much higher grade than them in the same time window. Its pretty common, like example my CEO is only 40 years old, numerous experience in all other competitor companies and had experienced in my(his original) company years back. The added value in him is high. Its a huge O&G mnc btw.

got such thing as loan tenure increase? not pay higher installment meh?

it will go up. but if it goes up like 1-2%, many will declare bankrupt

if someone not being promoted for 3-4 levels up from day 1 he/she joint the company for 10 yrs, then somthing wrong alrdy. Better move out to find  greener grass... ideally one shld chg job every 4-5 yrr for career dev.

No lah. When FD at 4.xx%, housing loan is BLR - 2.xx%. Credit card loan at 18%pa. Car loan (new car) 2.x%-3.x%

Now FD at 3.xx%, housing loan still same rate. Credit card also same rate. Car loan also same rate. Bank's margin is larger

Now bank's loan affected by rulings. Inflation affect spending. Banks got excess money. BNM has to absorb the excess. That is what the link I provided is saying. So that BNM's OPR is maintained at ~3%. If BNM don't intervene and let market decide the rate, BLR should have come down. Along the way, banks make more money. That is what my friend's quote says.

10 years same company with no promotion & increment and yet dont jump is possible in 1 logical scenario....when one is the CEO/boss.