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 Let's Talk Salary v8, Sharing Thread

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myroy
post Mar 11 2019, 04:04 PM

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QUOTE(badguy93 @ Mar 11 2019, 02:47 PM)
Do you write program? If yes, your salary is lower than average. I only know programming field. lols.

3500 for your age... is a bit low... (Maybe you are in engineer field, then I don't know about that)
*
No i dont write any program
im system enginneer. (involve in Networking, Security, Hardware)
badguy93
post Mar 11 2019, 05:25 PM

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QUOTE(myroy @ Mar 11 2019, 04:04 PM)
No i dont write any program
im system enginneer. (involve in Networking, Security, Hardware)
*
I think its better for you to refer here to check if your salary is within the range.
budang
post Mar 11 2019, 05:32 PM

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QUOTE(badguy93 @ Mar 11 2019, 02:47 PM)
Do you write program? If yes, your salary is lower than average. I only know programming field. lols.

3500 for your age... is a bit low... (Maybe you are in engineer field, then I don't know about that)
*
I don't think we should judge a person's earning capability based on their age.

Some people could be helping out their family / personal reasons / financial issues, hence they start end finish their college later than the rest. Everyone have their unique scenario and circumstances in life and some may not be as fortunate as the others.

Personally, I think his salary is perfectly fine for someone with slightly more than 1 year experience. Could even be higher than some.


contestchris
post Mar 11 2019, 10:34 PM

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QUOTE(badguy93 @ Mar 11 2019, 02:47 PM)
Do you write program? If yes, your salary is lower than average. I only know programming field. lols.

3500 for your age... is a bit low... (Maybe you are in engineer field, then I don't know about that)
*
Don't consider age lah. Some people graduate and working at 21...by 26 of course they should be earning ~RM5k. Contrast with someone who graduated at 24...by 26 to earn RM3.5k is considered OK.

So yeah, more important than age is the years of experience.
badguy93
post Mar 12 2019, 10:00 AM

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QUOTE(budang @ Mar 11 2019, 05:32 PM)
I don't think we should judge a person's earning capability based on their age.

Some people could be helping out their family / personal reasons / financial issues, hence they start end finish their college later than the rest. Everyone have their unique scenario and circumstances in life and some may not be as fortunate as the others.

Personally, I think his salary is perfectly fine for someone with slightly more than 1 year experience. Could even be higher than some.
*
Im one of your description here...

QUOTE(contestchris @ Mar 11 2019, 10:34 PM)
Don't consider age lah. Some people graduate and working at 21...by 26 of course they should be earning ~RM5k. Contrast with someone who graduated at 24...by 26 to earn RM3.5k is considered OK.

So yeah, more important than age is the years of experience.
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Im graduate at 24,,..

Thats why alot people still taking "years of experience" to compare which is bad approach. I know these day younger generation like my generation, always being compared in "years of experience". If you would stand in the middle compare the skill set vs years of experience, who will you prefer?
Frank3
post Mar 12 2019, 10:07 AM

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QUOTE(badguy93 @ Mar 12 2019, 10:00 AM)
Im one of your description here...
Im graduate at 24,,..

Thats why alot people still taking "years of experience" to compare which is bad approach. I know these day younger generation like my generation, always being compared in "years of experience". If you would stand in the middle compare the skill set vs years of experience, who will you prefer?
*
I strongly agree your point of view here, some ppl doing the same routine job for 10 years doesn't mean he/she deserve higher salary, provided he/she never upgrade and learn new skills.
badguy93
post Mar 12 2019, 10:11 AM

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QUOTE(Frank3 @ Mar 12 2019, 10:07 AM)
I strongly agree your point of view here, some ppl doing the same routine job for 10 years doesn't mean he/she deserve higher salary, provided he/she never upgrade and learn new skills.
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There are 2 types of people
1. Grow yourself and value
2. Makan gaji
Frank3
post Mar 12 2019, 10:14 AM

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QUOTE(badguy93 @ Mar 12 2019, 10:11 AM)
There are 2 types of people
1. Grow yourself and value
2. Makan gaji
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IT professional cannot survive if he/she is type 2..
badguy93
post Mar 12 2019, 10:18 AM

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QUOTE(Frank3 @ Mar 12 2019, 10:14 AM)
IT professional cannot survive if he/she is type 2..
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Regardless of field. They can grow themselves if they wanted to. I think... (I don't know about other field) sweat.gif
budang
post Mar 12 2019, 01:17 PM

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QUOTE(badguy93 @ Mar 12 2019, 10:00 AM)
Thats why alot people still taking "years of experience" to compare which is bad approach. I know these day younger generation like my generation, always being compared in "years of experience". If you would stand in the middle compare the skill set vs years of experience, who will you prefer?
*
Sorry to spill the bean but years of experience is the first tangible metric most company will use to measure your exposure, competency and value. Like it or not, it's the most reliable and fool proof metric. I'm not saying I disagree with your point of view but it's a fact that years of experience is widely used by MNCs / SME as a deciding parameter on your overall remuneration.

Unless they put you through numerous complex tests & problems to solve (which most company find it too expensive to execute in terms of time and money) and gauge your competency from there, it's almost impossible for them to rate your skill set by how well you sell yourself or present during interview.

A fresh graduate could have all the technical skills in the world, but without proper real life work experience & corporate exposure, it's difficult to convince employer to pay you a premium.

In conclusion, years of experience is usually the 'entrance ticket' to a premium paying job. If your performance doesn't tally with your years of experience, you'll bid farewell to your increment. But if your skill set exceeds your years of experience, you'll be riding on a strong tailwind to climb the corporate ladder.
Frank3
post Mar 12 2019, 03:32 PM

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QUOTE(budang @ Mar 12 2019, 01:17 PM)
Sorry to spill the bean but years of experience is the first tangible metric most company will use to measure your exposure, competency and value. Like it or not, it's the most reliable and fool proof metric. I'm not saying I disagree with your point of view but it's a fact that years of experience is widely used by MNCs / SME as a deciding parameter on your overall remuneration.

Unless they put you through numerous complex tests & problems to solve (which most company find it too expensive to execute in terms of time and money) and gauge your competency from there, it's almost impossible for them to rate your skill set by how well you sell yourself or present during interview.

A fresh graduate could have all the technical skills in the world, but without proper real life work experience & corporate exposure, it's difficult to convince employer to pay you a premium.

In conclusion, years of experience is usually the 'entrance ticket' to a premium paying job. If your performance doesn't tally with your years of experience, you'll bid farewell to your increment. But if your skill set exceeds your years of experience, you'll be riding on a strong tailwind to climb the corporate ladder.
*
Those MNC/SME should change the hiring mindset if they want to hire talent..

"I'd rather work with a professional and motivated "beginner" than a lazy "expert" who is unwilling to learn or listen to new perspectives."

"20 years of experience does not mean much if you have no understanding. I have known people with many years of experience who could only do something from memory. If a new issue showed up they were lost."

I saw a CEO wrote this in LinkedIn

"Experience is good but should not always be the criteria.

I worked with a fresh graduate with no vast experience in the labour market.

I'd have written him off but thank God I never did.

I chose to work with him because he was hungry and had an eagle eye.

He was also an avid reader and a fast learner.

It took him just six months to solve a major technical problem in our company.

I was blown away.

The problem had cost us a lot of money.

We were already thinking of replacing the machine.

He came on board and showed it's not the number of years every time but how much you are willing to learn.

He changed my mindset to see beyond years and experience.

I felt guilty I had written him off but at the same time, I was happy I gave him a chance.

Give people a chance because we all started with no experience.

Someone saw and believed in us.

Why not do the same."
badguy93
post Mar 12 2019, 04:25 PM

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QUOTE(Frank3 @ Mar 12 2019, 03:32 PM)
Those MNC/SME should change the hiring mindset if they want to hire talent..

"I'd rather work with a professional and motivated "beginner" than a lazy "expert" who is unwilling to learn or listen to new perspectives."

"20 years of experience does not mean much if you have no understanding. I have known people with many years of experience who could only do something from memory. If a new issue showed up they were lost."

I saw a CEO wrote this in LinkedIn

"Experience is good but should not always be the criteria.

I worked with a fresh graduate with no vast experience in the labour market.

I'd have written him off but thank God I never did.

I chose to work with him because he was hungry and had an eagle eye.

He was also an avid reader and a fast learner.

It took him just six months to solve a major technical problem in our company.

I was blown away.

The problem had cost us a lot of money.

We were already thinking of replacing the machine.

He came on board and showed it's not the number of years every time but how much you are willing to learn.

He changed my mindset to see beyond years and experience.

I felt guilty I had written him off but at the same time, I was happy I gave him a chance.

Give people a chance because we all started with no experience.

Someone saw and believed in us.

Why not do the same."
*
This is a good one, and this is what my perspective is.

There is not much candidate you can find in the market. Although speak of 'years of working experience' then that is not the right way to judge a person like the scenario above.

These day, a lot of youngster tend to take this opportunity as granted. There is so many entertainment outside, they do not seek to improve themselves, yet they waste their time onto this.

I went to interview last time, when I being asked "What is your hobby", my answer were self learning to grow value, guess what, he say you must have at least one or two entertainment hobby.

Let me quote my own word:
"If you willing to take 5 minutes daily to improve yourself, your knowledge will eventually be expanded within a month"

I know these day, less to no youngster will think the same like my mindset does. Most of the so called "Experienced" employee is afraid to escape from their comfy zone, they are afraid the new changes and the challenges. Its you should change with no excuses.

budang
post Mar 12 2019, 05:48 PM

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QUOTE(Frank3 @ Mar 12 2019, 03:32 PM)
Those MNC/SME should change the hiring mindset if they want to hire talent..

"I'd rather work with a professional and motivated "beginner" than a lazy "expert" who is unwilling to learn or listen to new perspectives."

"20 years of experience does not mean much if you have no understanding. I have known people with many years of experience who could only do something from memory. If a new issue showed up they were lost."

I saw a CEO wrote this in LinkedIn

"Experience is good but should not always be the criteria.

I worked with a fresh graduate with no vast experience in the labour market.

I'd have written him off but thank God I never did.

I chose to work with him because he was hungry and had an eagle eye.

He was also an avid reader and a fast learner.

It took him just six months to solve a major technical problem in our company.

I was blown away.

The problem had cost us a lot of money.

We were already thinking of replacing the machine.

He came on board and showed it's not the number of years every time but how much you are willing to learn.

He changed my mindset to see beyond years and experience.

I felt guilty I had written him off but at the same time, I was happy I gave him a chance.

Give people a chance because we all started with no experience.

Someone saw and believed in us.

Why not do the same."
*
You have a solid point which I agree.

But when I'm hiring a software project manager to manage a large scale project involving integration from multiple channels and platform, I'd still want someone who have experience & managed similar projects before. In this scenario, talent almost have no role to play, but experience and exposure speaks loudly here.

My 2 cents.
Frank3
post Mar 13 2019, 10:15 AM

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QUOTE(budang @ Mar 12 2019, 05:48 PM)
You have a solid point which I agree.

But when I'm hiring a software project manager to manage a large scale project involving integration from multiple channels and platform, I'd still want someone who have experience & managed similar projects before. In this scenario, talent almost have no role to play, but experience and exposure speaks loudly here.

My 2 cents.
*
For managerial role scenario especially project manager/director...etc, i agreed with you, experience and exposure speaks loudest!
I also found that, if a manger is younger than the subordinates, the subordinates will not happy and try to create problems & politics issues.

badguy93
post Mar 13 2019, 10:48 AM

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QUOTE(budang @ Mar 12 2019, 05:48 PM)
You have a solid point which I agree.

But when I'm hiring a software project manager to manage a large scale project involving integration from multiple channels and platform, I'd still want someone who have experience & managed similar projects before. In this scenario, talent almost have no role to play, but experience and exposure speaks loudly here.

My 2 cents.
*
Managerial post is different, they would required exposure and experience as compared to technical staffs. I not talk about whether get to a managerial position at young age will conflict with his subordinates or any political issue. I have seen people at my age became ASM (Assist. Senior Manager) in corporate.
badguy93
post Mar 13 2019, 11:02 AM

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QUOTE(Manada @ Mar 13 2019, 10:51 AM)
Job title : Analyst
Age : 23
Salary : RM5k (Fixed + Allowance), Bonus 5-10 months
Years spent in company : 0
Industry : Corporate and Investment Banking (CIB), Financial Sector
Employment Level : Executive
Experience before joining (years) : 0
Highest paper qualification/ education background : Degree
Location : KL
Average Working Hours Per Week: 60 hours
*
Fresh graduate? that salary amount is high drool.gif
badguy93
post Mar 13 2019, 11:11 AM

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QUOTE(Manada @ Mar 13 2019, 11:03 AM)
yea...banking normally higher than average...
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No lei... banking i heard about 2.8-3.5k, and they follow chinaman culture for increment sweat.gif

Did you just write 5k in your expected salary as a fresh graduate? I believe they would ask you "How did you come out with this amount"

Btw, 5k is not consider average for fresh graduate... its too high.. even 4k consider high lol

This post has been edited by badguy93: Mar 13 2019, 11:12 AM
badguy93
post Mar 13 2019, 11:24 AM

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QUOTE(Manada @ Mar 13 2019, 11:14 AM)
i think it depends on what position and program applied.

If you go for their flagship programs like Management Trainee or Graduate Trainee programs, you can easily get above RM3.5k+ for banking. Like Hong Leong paid RM5k for their Management Trainee program, but of course competition is tough...

If direct entry, then lower.
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Your luck is with you biggrin.gif
badguy93
post Mar 13 2019, 11:29 AM

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QUOTE(Manada @ Mar 13 2019, 11:25 AM)
haha very hard to say la hhaha..Some people start lower than others, but in the long run become richer..
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The higher they pay you, the higher expectation they are expecting from you. Normally, they would expect a return revenue amount by 3 times of the paid salary. Good luck yo. rclxms.gif
happy_berry
post Mar 13 2019, 12:01 PM

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Is banking really that lucrative? Damn, maybe should've studied those in uni.

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