Standard, but depends on field and scale of your company.

I won't stay at this kind of company for them to give me another 3% next year

Depends on your definition of standard.

IMO 3% to 4% is barely enough to cover inflation rate.

You should aim for 7% and more. 10% or more is considered very good.

If your salary starts at RM 3k, and assume every year you get 3% of increment. After 20 years (at age 44+) you work your salary will only be at RM 5.2k which is almost impossible to survive especially if you have family.

But if you get around 7% of increment yearly, with the same starting salary RM 3k after 20 years you will earn almost RM 11k which is quite okay for white collars worker.

Conclusion, start to find company that can provide you better salary and improve your skills as well.

😯

Have seen a handful of friends who easily gotten 20%+ raises, early in their careers. From RM 4K, in fiscal years now already RM 6,250 (Mgmt Consulting). One started at RM 3.5K, in three fiscal years now up to RM 6K plus (IT), too.

Maybe it's an industry thing. Always never settle for the average, beat it at all cost. Gong Xi Fa Cai to all celebrating!

Remember that at the end of the day, money is merely a tool. It shouldn't control your life, you should control it.

Job Title : Senior Process Engineer
Job Desciption : Takes care of die attach process in semiconductor industry.
Age : 29
Years spent in company : 3
Company : MNC
Industry : Semiconductor
Tenure : Permanent
Employment Level : Senior Engineer
Experience before joining (years) : 0
Highest paper qualification/ education background : Masters in Engineering Science
Location : Melaka
Average Working Hours Per Week (incl lunch hours): 45

Monetary Payout
Basic Salary + Fixed Allowance : RM5,000
Contractual Bonus (months): NA
Performance, Variable Bonus & Commissions (months) : Average 2.8 mths

Benefits (where relevant) :
Health Benefits : Full insurance coverage
Transport Benefits : NA
Mobile / Internet / Gadget Benefits : 20GB internet data and unlimited call
Flexi Working Hours : NA
Other Benefits : Yearly RM800 claimable for certain spending likes gym and etc.

My questions:
1. Am I underpaid in this industry?
2. Is semiconductor even a good industry to work in to get high salary, compared to other industries like sales and software engineering?
3. I work in this company for 3 years + so far, should I hop more in order to increase my salary?
4. Anyone from semiconductor industry who has very good salary can share how to gain more? Is it by hopping more oftenly?
5. Is it partly because of my location is in Melaka and hence the salary is low? Who else is from Penang / KL semiconductor industry and do you mind to share your salary information here?

Thanks!

This post has been edited by ontherise: Feb 7 2019, 01:42 AM

Last time Freescale do offer abit higher salary. Not sure now

for 3 years exp seem good to me

Hi guys, thanks for the input. So does semiconductor industry have good salary prospect in long term? Thanks!

This post has been edited by ontherise: Feb 7 2019, 09:53 AM

To be honest, based on experience with semiconductor industry for 1st job there, Japanese Semiconductor, salary is quite low with not much increment. It was ok for first job or fresh graduate job salary.

However once to work there on long term, it is not much increment or salary is kinda low vs other industries.

Myself got opportunity to go oil n gas yard the huc company n need going offshore etc. The oil n gas salary quite ok plus with lots of allowances ie going offshore, outstation etc (90% times sure going to project out of office).

However the current situation at oil n gas industry is kinda risky. All are contract and not really safe.

Thanks for your insight man. Yes I do notice that in terms of salary, bonus and commission semiconductor cannot compete with O&G one, but O&G has bigger economic fluctuation also lah. How about engineering sales? From what I see engineering sales basic salary is already quite high, on top of that they have lots of commissions some more.

Job Title : System Engineer -> System Analyst
Job Desciption : Mostly do programmer job automation, API's, Back End process, Database(table,index,performance tuning,SP), Reporting, Internal project, Handle e-commerce customer for integration.
Age : 30
Years spent in company : 6
Company : Public Listed
Industry :
Tenure : Permanent
Employment Level : Executive
Experience before joining (years) : Fresh grad
Highest paper qualification/ education background : Bachelor in Software
Location : Selangor
Average Working Hours Per Week + Saturday half day (incl lunch hours): 49

Monetary Payout
Basic Salary + Fixed Allowance : RM5,600
Contractual Bonus (months): NA
Performance, Variable Bonus & Commissions (months) : Average 1 mths

Benefits (where relevant) :
Health Benefits : standard Insurance coverage
Transport Benefits : NA

Currently i am stuck with my work due to i am the focal person that only can manage this task. I feel i am underpaid for my age. I consider myself in the comfort zone because already handle it for many years. totally no life, sometime standby for support.

But have high commitment house, car, rent a place to stay in selangor not yet married. Should i jump or stay? Few years already thinking to jump but manage to stay until today..

From my point of view, I will definitely jump ship since you don’t have family yet and 6 years service in same company probably is not a good sign (comfort zone) unless there has an opportunity for promotion.

Should make a personal kpi, ie to jump after every 2 years in a way that every jump get 30% increment.

That is what I do.

Commitment will only grow larger as you grow older. Just imagine once you have a family, it will be even harder for you to change jobs. Just start looking out now.

Its kinda nice to see other people in their mid to late 20s that are still fresh grads.

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This post has been edited by TeemoTeemoTeemo: Mar 15 2019, 09:34 PM

You have quite an attractive salary for a lecturer in KL at your age, I know folks that have PHD and older in age and still earn less than you and your working hours are very low for a lecturer.
Is it a big private University in KL? I'm sure the average salary for lecturer at your age is no way close to what you have right now, but I may be wrong.

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This post has been edited by budang: Mar 8 2019, 09:47 AM

Nope Mr. Genius, I continued with my full time Masters degree (fully research) after I have finished my Bachelor's degree and that's why I started to work at 25. But I get it, that some people need to belittle others to make themselves feel superior.

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This post has been edited by TeemoTeemoTeemo: Mar 15 2019, 09:32 PM