To those that are earning Salary More than RM 5K (Working in Msia) & Age below 28.
(I presumably u graduate at age of 22/23, after 5 yrs of experience, RM 5 K seems reasonable, though I think age of 25-26 earning >RM5K is also possible)

I Need ur advice !! What is ur occupation currently? Position ? What the "Factors" that make you earn more than others?
Eg.
1) qualifications?
2) line of work
3) how u got the position and tips!

You can be ur own boss/ employee, just share ur tips!!

This post has been edited by Irresistible: May 4 2007, 12:32 PM

It really depends in which industry you are in and what sort of person you are.

do your own biz.
I am sure u can get this

i think depend how hard working and high EQ you aare.

Is it how u get the 'Dispute' from ?

It all depend where you put your ass on, and your working attitude.
Obviously, you have no working experience and don't know whats happening around on the job market.

I was about 27 when I joined a company that paid me >RM10k/mth (before tax and other deductions). It was a local investment bank to be exact. Before that, I was earning around RM6.5k/mth, also in the financial line. So, earning >RM5k/mth at age 25-28 is definitely possible in Malaysia, but depends on your qualifications, and what industry you're in.

maybe its good for the experienced people state how do they start off. and how do they go on in their field. can be guide for us newbie to start working life.

same situation as laksamana but not as high as him but my bonus is damn good. financial line is a good way but make sure that you are in right department and have the right skills.

Want to earn 5K before you're 28... it's simple. Become an airline cabin crew member. You'd easily top 5K once you move to widebody and intercontinental flights.

As for the merchant bankers... ya, I guess some of them earn a lot very early. But we should note how hard they get worked, how much they travel and how much stress they undergo.

You can earn lots too as a trader (forex, shares, commodities etc). But you can't sleep (one mkt closes, another opens) and forever stressed by the fact that you can (and do) lose a lot of money real quick too.

So, if you are very young, have no exceptional experience or prodigal skills, trust me. Any employer paying you well over the average will extract their pound of flesh from you.

Oh, ya if anyone wants to earn S$370,000 per year when they are 32 years old, join the Singapore civil service. 370K is the starting salary for superscale and the average entry age into superscale is 32 years old. But the job interview starts when you're 4 or 5 years old when your parents try to get you into one of the elite primary schools in Singapore. And the interview doesn't stop until you go through a top Junior College (secondary school), then Ivy League or OxBridge with top honours (not those rubbish "high" CGPA stuff but top few in your graduating class etc) on a govt scholarship and 8 years of govt bond. You have to keep beating your peers every year, every exam, every appraisal to stay in the game... how's that for stress?

wonder how much an engineering-field manager earns? mechanical line? not project manager..

This post has been edited by Ripp87: May 4 2007, 10:31 AM

Bragging is it?

The nerve of you! I'm just being matter-of-factedly here!

hey, what is ur qualification?

What the heck did you expect when you clicked on this thread? Do you go into strip clubs without expecting to see naked women?

I'm 26 ... but only earning 40k/yr with 2 yr experience T_T ... don't know when only can "cecah" 6-digit income/yr ... what I've noticed in financial line is that if u want to earn big bucks u have to go to the "performance" side of the business (i.e. where if you perform, the company gets huge profits). I'm in the ops side, and no matter how good I perform the company doesn't really "feel" it ... so ... gotta find other job soon

join oil and gas company.. right after graduating, u'll be earning >10k permonth working offshore or working in some arab country.

right i'm not yet earning more than 5k ...but for me experience and the knowledge will pay us more ..

some of my colleague in SHELL , got 7-8k per month before they reach 30 years old .

my salary is around 4-5k ...but i will got more than that ,since my manager will increase my salary after being permanent ..


my age ? 25

Dude, look at the title of the thread and think first before u spew out such words, he merely just replied saying it is possible and the market is at finance.

anyway i think instead of just random answers, it would be better if some tips are given out?

1) qualifications?(just general would do i guess)
2) line of work
3) how the heck u got the position and tips!

something like that i guess
nice thread btw..lolz

haha.. that's risky job man.. that's why the pay a lot.. ever heard of accident on the plant.. a big no no for me..

How much you want to earn is all depend on your working attitude. Qualifications in paper no doubt can bring you into well-established firms more easily. However, to secure your butt in there with high pay, then you better get ready to undergo or be able to take some stress, show your brain juice to your bosses, work smart and hard, treat your office/work place as your 2nd home, treat your colleagues well but don't get too close with each other, at least in office (some bosses don't like it). Remember, your boss hire you to raise the company revenue, directly or indirectly.

Your boss may login to LYN at this hour to find ways to mod his PC case but not you, unless your action is able to bring in revenue for the company. So, show him what you have got in your brain to help him, do what he says, but don't do what he does.

wow >5K b4 28, i still got 2 years to catch up

If u want higher go into Oil & Gas. very good pay but no life.

Finance/ accounting, u hv to work like dog.

Just take and give, normally high pay is not easy job.

In IT industry is it even possible to earn more than 5k before 28 years?

yes, if u're manager, or sales IT personnel which comes from commision

Degree in Finance. Started work when I was 22 yrs.

got exchange emails with a senior in the past:

0. IT degree grad - 0
1. junior engineer - 1 year (acquired ccna)
2. industrial automation engineer - 1.5 year (learned alot about industrial communication protocol)
3. network engineer in public listed company - 1 year (work on IP communication, acquired CCVP, some Cisco IPT Specialist)
4. network consultant in MNC - current job (job focus on ip communication, preparing CCIE Voice)

currently he's 24 years old, basic RM4.5k with other allowance.


Money = your worth(willing to learn, good attitude, certificates, skills) + opportunity(daring, open for changes, people network, goals)

i want to catch up with him, now 22 years old still RM2.xk. sigh....

Of course, I just turned down a job offer > 5K just to remain in my hometown. Man power cost in Malaysia is indeed rising

Actually, I was pursuing my ACCA !! Now, I m ACCA Finalist. (still part time student)

22 Now, working as Account Officer, study part time!! Who said I don't know the job MARKET ?? But, I would like to change field into teaching/tutoring !!

Can u share ur experience in the industry? What is ur first job? Do u think MBA is necessary?

I hope someone that have real experience can share their story with me!!

Answers like IQ, EQ, working attitude, luck, what indusrty u are in, how attractive u r are acceptable, but do u mind to elaborate it further ?

Hmmmm ... Bear in mind that the cost of living is also escalating rapidly ...

the more $$ u r paid, the more stress you will get. rewards come hand in hand with responsibilities. u wanna earn a lot? go work in iraq. u get paid lke USD 2 or 3k per day as allowance. thats what my fren told me anyway (his company offered him the job but he chose not to risk).

jobs which are related to $$ (investment, trading, etc) will reward u wif $$ more than other industries.

Age: 28
Line of work: Consulting & architecting of solutions
Company: MNC
Qualifications: Higher Dip + industrial certifications + experiences

Advise/Tips:
1. Learn to make decisions
2. Take on new challenges
3. Identify & manage risk well
4. Process oriented
5. Work hard + smart
6. Know yr work well, both technically & commercial sense.
7. Identify your skills & values then sell yourself well
8. Need lots of luck!

This post has been edited by phobian: May 4 2007, 10:10 PM

What's your job title?

yes it is possible. try those data centres that does shift works

22 going to 23 this year. i got lucky, just accepted a job where the basic is more than 3.8k (not gonna reveal the exact amount, some of my colleagues are reading this )+allowances.

what i can say is good luck, work hard for the things u want

wat exactly u're doing rite now? give me some hint k?

want to earn more than 5k.
its all depend on u.
in my opinion being ur own boss is te better way to get it!
biz have no limit in ur profit.
any of the marketing can be adjust to get better result!
as robert t kiyosaki said..
be the B and I ppl.!
Business and Investment.
you get freedom!
so try it hard.!
i'm 20..
going to start my own biz soon.
dance studio.
and some more biz in the market.
kambate together ba..

Well all i can tell u is
make sure u mix with the right kind of company

it doesnt have to be dull friends etc.. or the working hard kind of type
choose the lifestyle base on the risk u can take.. legal or illegal or gray area
then decide who u want to mix with and what u want to venture into.

also remember nothing is ever set in stone...
earning good now doesn't guarantee it will go on in the future so keep working on new ideas..

IT industry also. no hints 1 lar...just work hard

gotta agree with ya. even if u alwiz fall and fall and fall. dun give up easily. i've been into those situations b4 dats y i am not giving up easily

This post has been edited by alkt: May 4 2007, 09:12 PM

IT jobs: reputable degree (most probably studying abroad), few years of qualifing experience, professional certificates, right skills and competencies

Lines of business (in large MNC organisations):
Information Security and Compliance
Unix/Linux
Telecom
SAP or other ERP
Oracle or other DBMS

there's also working for the police/JPJ/Customs/Immigration etc etc. Govt bodies which have authority in one area or another. your basic pay may be pittance, but the opportunity to make 'extra' income is almost limitless.

but of coz u'll need to start somewhere high, not rank n file. and u have to be able to play smart and not get caught. and higher up you are, the more power u wield. and business comes looking for you.

thats the good thing about m'sia. opportunity to make money is always there, just depends on how u're outlook is on the matter.

i start my first job RM1500 when i'm 23 year old as IT programmer in local vendor
After 5 year working experince , now working in MNC and
my total annual income around RM65K

i got the 3rd class degree in computing
but it won't cause my trouble on looking job and better offer.






This post has been edited by V332: May 5 2007, 02:13 PM

great . !

i'm just a diploma guy and i'm earn almost 5k now ...

for me ...it is all about skills and experience...just be confidence and believe within yourself

Company will never pay extra to the employee. This is a FACT!

---edited---

This post has been edited by dzinergy: May 22 2007, 11:15 PM

is this ur resume , dzinergy ?

cool ..

I am going 28 soon. I only have Higher Diploma... but I have people age 32 working for me. All my staff are degree holders and I have a fresh graduate MBA under me too

My point: Qualifications is very important in most cases. But experience is worth much more than the paper. Try to explore more. Money is not the number one thing when you are young. Exposure is... So go the extra mile.

---

Added on May 6, 2007, 12:13 pmSummary

This post has been edited by dzinergy: May 6 2007, 12:13 PM

from all the response so far, those earning > 5k & under 28 are working in MNC ...
is this mean i should go for MNC too ?

Actually the main reason why MNC can afford to pay more is because of our currency exchange. Imagine if you're an MNC from US and your revenue is in US dollars. In 1996 with an exchange rate of 2.4 , say an engineer can get RM 2K/month average. That would be equivalent to 833USD/month. Now the currency has gone up to 3.5-3.6 and engineer now get 2.5-2.7K. That would be equivalent to USD714-USD771. As you can see from US company point of view, their operating cost has drop and that's why I believe they're willing to pay slightly more now.

Slightly out of topic but RM5K is really nothing nowadays. 5K can only buy you say a small 1000sf condo and perhaps a 50K-60K car. It's just middle class, no big deal. It's not a lot at all.

RM5k is really not much if you are married with car loan, house loan and childrens. That is why these days both married couple have to work to share the burden

Also it is not how much you can earn that matters. It is how much you can save. The more you earn the more expensive things get.

Yap, very true like what Robert Kiyosaki mentioned, at the end of the day it's not how much you can earn but how much you have saved.....I have a friend who earn RM6+++ by 26 years, but only capable of saving RM800-900 a month....and he's single but he loves big ticket item.....last few months just upgrade his car to a new Honda Accord....

Outer looks only....inside kosong....

---edited---

This post has been edited by dzinergy: May 22 2007, 11:19 PM

Me, 24 yrs old.
Working in MNC company as Network Consultant.
Qualification: NCC Higher Diploma and some cisco certification
Total package: RM5,000 (just enough to meet this post requirement... ooops short of RM1 to MORE than )

This post has been edited by ncs_malaysia: May 14 2007, 07:59 AM

Walau, u r so young, u are earning RM 5 K, not that bad la...
At age of 28, u can earn more la

Actually, my initial plan the topic name is "Earn RM 5K b4 age of 25 ", but I worry I offended some people else here, or too little people post here

1) Degree ( not so important )
2) pharma sales
3) apply....be related academically..

salary : upto ( yes, it's UPTO...) 75K/yr, not inclusive of claims.

---

Added on May 14, 2007, 10:59 amagree with u , i would say , 10K only can hav a comfortable life , for now. future.....

This post has been edited by yewkhuay: May 14 2007, 10:59 AM

how about engineers? mostly management, it and finance related replies here. anymore engineers willing to share their wages and experience?

For my case, I'm just very lucky to join in oil and gas company after i graduated with Electronic Engineer last year. Currently 25 years old. Annual income = Basic + Allowance =RM 72400. So monthly salary, after tax and epf, 5k. Just nice to qualify in here.

i just thought if u guys go platform, earn more rite?

i see. yeah usually they pay you more if you work on the platform

Yeap. Offshore got allowance. But currently I'm in project design team. So no need go offshore.

i see. thanks.

Good for you , btw, which company did u join?? Shell, Exxon, Petronas??

For EE engineer, they have to work at least 3-4 years to reach 5k.

how about call center ? need how many year and at least what post to get RM5K ?

If household income exceeding RM5k can ka? hahahahah

I'm 23 (turning 24 at the end of the year), earning about RM14K a month. It's pretty much a no brainer that I'm in the oil and gas industry. And yes I do work offshore but not on an oil rig.

Somebody said earlier in this thread that ppl in the oil and gas industry 'don't have a life', well I really take offense with that statement. You make us out to be like a group of zombies working for an evil corporation.

You're forgetting that we have our rotations.. I spend 1 month offshore (working regular 10 hrs shifts) and then I get 1 month vacation time.. and the paycheck keeps coming in even during vacation. During my time off I spend time with my family, I go traveling, I hang out with friends, and live my life. Also I get the satisfaction of being able to take care of my family financially. So yeah if that's not 'a life' then I don't know what is.

So if anyone out there is considering a career in the O&G industry.. I say go for it! See what it's all about first and don't just dismiss it as one of those jobs that you think you're not cut out for.

Sounds like a good deal to me.

Age: 30
Work Experience : 6 year
Gross Income yearly: RM6500+
Field: IT Support
Location: Kulim Kedah

Frankly speaking, the ranage i get is not high compare to those in Kuala Lumpur.
I started off as Java Programmer, then move on to sysadmin and become a certified IT Trainer before i re-join a global support at cyberjaya thus now i am at Manufacturing lines again.

To those graduate, go for anything when you are young and pickup as many exp you can.

Paper/certification is nothing than experiences.

one more thing, explore , explore & explore........


Thx

offshore job is good for saving. but for me i'll have to think about the job scope and long term plan as well. i will need a stable working hour and location in the later stage of my life.

wat's the other option for an oil n gas engineer refuse to work offshore? can you survive the changes after ur offshore allowance being cut?

eh? You dont necessarily need to work in O&G to be based off shore. There are many better developed countries willing to give skilled workers visa. Depending on your field and experience, it could be an easy application.

You could always learn the management side of oil and gas industry after a couple of years offshore. But early in your career.. if you want good money.. you kinda have to go offshore.

My company has a very structured program where field engineers are expected to transition to an office based job after about 5 years working in the field. Of course there are people who chose to stay offshore because they just prefer too. So yeah there's a lot of options for later in life. What is important is the field experience, you have to get a good idea of how the operations are run in the field before you can become a project manager for example. Experience is important because an offshore facility cost about $500K per DAY to run.

If you take a look at the requirements for a lot of the managerial posts in Oil and Gas companies.. such as Petronas, Shell or Exxon Mobil, all of them want somebody who has at least 5-8 years in the industry and is familiar with oil and gas exploration, production etc. These are the position that will definitely earn you the big bucks. My project manager onshore is a 34 year old guy who was a field engineer for about 5 years. Now he works in a nice office near KLCC and goes home to his family by 6 o'clock (depending on the traffic jam lah).. owh and he drives a BMW M5.. so I don't think he's having much financial trouble even though his doesn't get any offshore allowances anymore.

But of course you must factor in some honest hard work into the equation as well.

You don't really have to work offshore to be in the oil & gas industry. People that work at the field (offshore or in the plant) can indeed bring tons of field experience in thier later years when they switch to office based work such as designer, project manager, etc. Shell do the same thing to their new graduate higher. 99% of them will be sent to the site to gain experience. Whoever that said "no life" working offshore, I guess you have to sacrifice a little bit when you are working from 10am-10am (next day) but what the heck, you will get the rotation to "have life later" and get big bucks at the end.

i wonder if mechatronics engineers have chance working in O n G. the pay and exp sounds good

if you start to work in IT line at the age of > 24. chances are very low you can hit >5K before 28.
let me know if this assumption is true.

This post has been edited by bobtiang: May 15 2007, 11:58 PM

im studying electronics engineering majoring in telecommunication....
im very interested in OnG industry...wouldn't mind goin offshore...
but i don think my degree is relevent right?

actually besides oil&gas, pharma also a good field to go
but all those well paid jobs usually no vacancies as good job the ppls inside there reserve for their relatives n friends d

It all depends on the company needs, I'm a graduate in Mechanical Engineering and I work as a seismic engineer! You'd think with the 'seismic' connotations that my company would only hire graduates that majored in geology or something like that. But my job is to maintain the equipment that they use to find oil and gas deposits. It's very mechanical in nature. Anyways some of the navigation guys have EE degrees and they deal with things like differential GPS, float tracking systems and radio navigation system. If you're in telecommunication I'm pretty sure you're kinda familiar with them right?

So yeah there's a lot of different engineering fields involved in the Oil and Gas industry, it's not just for petroleum engineers, geologist, petrophysicsts. Some of my colleagues have degrees in applied physics, statistics and even marine engineering! You just need to maybe look a bit harder for the job openings.. or if you're like me.. just send your resume to Oil and Gas companies and let them decide if they might need someone with your degree or not.

Perhaps a rich kid from rich family?

maybe he won dat car from some gores dan menang contest

How about medical engineer??? Do they make a lot of money?? Maybe I want to take Medic. Engineer ler... Still haven't decide... Medic / Actuary /Med. Eng/Chem. Eng

Heheh.. I hadn't thought of that. Maybe I'll just ask him just how much he gets paid... when I work up the guts that is..



Man.. I never win anything with those scratch and win contests... gotta ask the boss for tips then.

Owh someone said earlier that the Pharmaceutical industry is a cash cow... that person certainly got it right. If you can get a job researching a new drug especially for AIDS, cancer or any of the terminal diseases... you'd be raking in the money man.. plus there's always the satisfaction of knowing you're making the world a better place.

This post has been edited by enkadirmainbola: May 16 2007, 02:01 PM

You guys have been debating on the Oil and Gas industry. Any comments on the Power Generation industry? It is a heavy industry with HUGE turnover!

Boooyaaa.. you got that one right! Plus oils is gonna run out in about 40-50 years from now.

I think renewable energy is going to have a major boom in the near future. All the major energy companies are beefing up their renewable energy division with General Electric leading the way.

Sorry i havent reached 5k. Just a trainee.

Cause i am quite worry with my future. I am bonded to a company (basically it is a scholarship agreement). It is an IPP company (independent power plant) operating on GE turbines. I am bonded for 5 years to this IPP.

I will be 28 by then.......

Let me guess, you come from Uniten E&E Engineering.

hmmm seeing wat that you guys are earning and what that i'm earning......i'm far far behind kekekeke. 27 this year earning 2k++ only......2 years work experience.

i am going to 23 soon but only manage to get rm 1.5k.......my first year working......wonder when can i hit the 2k+ target.......sad

This post has been edited by zom: May 16 2007, 03:16 PM

u sure? look at ur avatar..

another fact : i have an uncle working with shell offshore... start working at age 26... before that he always full with smile and very very very happening person. ahaha.. but now...

Thats not true. Well if you're a software developer, chances are high that one can get >5K in 4 years if he/she has the skills.

yup you are rite = =

28, female, local degree holder, credit controller, earning 6k be4 tax and epf, 6 years WE, MNC, no long working hours, 5 days work.

my little 2 cents: change company every 2 years and jump with at least 50% difference.

always believe dat u'll get one. make ur resume is impressive and perform ur best during interview.

last but not least: be very aggresive to find new job

That's called getting older....people tend to not goof around so much when they're getting older..plus there could be other factors why he changed.. can't blame it solely on his job.

Actually it's not impossible, as long as you're on the right company which is willing to pay.

And also try those companies that have traveling opportunity.

This post has been edited by samurai1337: Jun 19 2008, 12:29 PM

Didn't know working for LYN have to travel frequently

This post has been edited by samurai1337: Jun 19 2008, 12:29 PM

hahahha

gimme ur contac laa

haha if u still young of cos can jump and no commitmment (wife, kids, hse and car loan).

but some company wont hired because its a bad impression you always change jobs.

OT Do you need a bf?

Btw, does a average mechanical engineer can reach 5k salary if working in a normal manufacturing company, not oil and gas related.

Can one... I worked in Sony for a bit before joining oil and gas. Worked as a product design engineer.. my head of department (DVD Design), he's probably about 33-35 y/o.. someone told me, he earns about RM5.3K before taxes.

wow out of topic wor haha.

ned bf ah ....

I guess I am in the same job as bro enkadirmainbola. And also probably the same company. But as a specialist.

Here's my profile:

Age: 22 going to 23.

Qualification: Diploma Mechatronics

The job: Working in oil field exploration on a 1 month on and off rotation all over the world.

Salary : RM 7k

Job regret: Job is too easy, and too much time during breaks, not knowing how to spend it.

Respect: Guys who did well in financial industry

Want to: Get into financial industry and have the same challenge.

Dream: Quit the job and start all over in finance

Life support: My gf : Keeps the world bright

Seeking opporturnity: To work in the most challenging and rewarding part of Finance

The experience: priceless

This post has been edited by LokGP: May 17 2007, 10:43 AM