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 Earning Salary More than RM 5K, Those below 28, share ur tips here!!

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curlyfries
post Oct 12 2007, 02:50 PM

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QUOTE(clawhammer @ Oct 12 2007, 02:23 PM)
It is so subjective and in big companies, there's always a salary range. For example, a PM can earn between 8K-10K and it depends on a lot of factors.
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What kinda factors?

Years of experience?
Value of projects handled ?
curlyfries
post Oct 12 2007, 03:36 PM

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QUOTE(clawhammer @ Oct 12 2007, 03:04 PM)
Years of experience is definitely a factor and your current pay is also another one when you jump jobs.

First example - Company A wants to hire a project manager and financially budgeted around RM10K. After interviewing, there are 2 candidates which will be offered - one which is earning RM6K now and the other RM8K.

Although both of them requested for 10K, the HR would not offer a 4K jump for the guy that currently earns 6K (unless we talk about exception cases). That is the reason why there is a range, etc.

Another example - You start working as a junior engineer for RM2K and eventually promoted to senior engineer. You get a reasonable promotion increment, let's say 10%-15% and yearly increment is approximately 5%-7%. After 5 years of working, you're promoted to Project Manager. Unfortunately, they won't give you a 4K increase and make you level up with the newly hired PM's earning 10K / month.

Generally, this is what which normally happens. Nevertheless, there are always exception in all cases smile.gif
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With regards to your 2nd example, this person after 5 years will only be earning around 3K though he has been promoted to Project Manager.

Compared to the newly hired Project Manager, there's a 6-7K difference in pay? Wow! ohmy.gif


curlyfries
post Oct 12 2007, 05:11 PM

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QUOTE(clawhammer @ Oct 12 2007, 05:07 PM)
Unfortunately, that's the case but of course the gap wouldn't be 6-7K but maybe they'll pay you 5K-6K where new hires are 10K smile.gif


Added on October 12, 2007, 5:08 pm



The concern for such jobs is no longer about the money but worklife balance.
If one can sacrifice that then no problems for sure smile.gif
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Do you mean to say if they hire a new PM who is paid 10K, your pay will be increased to 5-6K?

Hmm...

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