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> Let's Talk Salary v8, Sharing Thread

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coolguy99
post Jun 30 2020, 07:35 PM

Look at all my stars!!
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4,710 posts

Joined: Aug 2015



QUOTE(Euler @ Jun 30 2020, 01:57 PM)
Got a low increment in 2020, feel triggered, unappreciated and resigned.

New job
Job Title : Consultant
Job Description : Life Insurance
Age : 29
Years spent in company : starting in Aug 2020
Company : Consulting firm
Industry : Insurance
Employment Level : Consultant
Experience before joining : N/A
Highest paper qualification/ education background : Fellowship
Salary : 16k
Bonus : 2.4m

This is actually the lowest offer I got (~5% on annual basis), however I have other plan in mind with this particular firm.

Highest offer I have is ~25% on annual basis, however I feel limited future growth there.
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Can you describe more on what you will be doing in a new job?
Xenopher
post Jun 30 2020, 08:37 PM

Getting Started
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Junior Member
129 posts

Joined: Aug 2013
QUOTE(Euler @ Jun 30 2020, 01:57 PM)
Got a low increment in 2020, feel triggered, unappreciated and resigned.

New job
Job Title : Consultant
Job Description : Life Insurance
Age : 29
Years spent in company : starting in Aug 2020
Company : Consulting firm
Industry : Insurance
Employment Level : Consultant
Experience before joining : N/A
Highest paper qualification/ education background : Fellowship
Salary : 16k
Bonus : 2.4m

This is actually the lowest offer I got (~5% on annual basis), however I have other plan in mind with this particular firm.

Highest offer I have is ~25% on annual basis, however I feel limited future growth there.
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At first I was like 'wtf 2.4million bonus' lol.

What is the difference between insurance consultant and insurance agent btw? A lot of agents are calling themselves 'financial consultant' too.
ytle2010
post Jul 2 2020, 10:25 AM

Getting Started
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Junior Member
129 posts

Joined: Oct 2010


Job Title: Test Lead
Job Description: Building a test test team, implementing test strategy for the company
Age: 38
Years spent in company: 3 months
Industry: Networking - security
Tenure: Permanent
Experience before joining (years): 14
Highest paper qualification/ education background: Bachelor Degree
Location: KL
Average Working Hours Per Week (incl lunch hours): 40

Monetary Payout
Basic Salary + Fixed Allowance : RM 14k
Contractual Bonus (months): None
Performance, Variable Bonus & Commissions (months) : Not sure

Benefits (where relevant):
Health Benefits: -
Transport Benefits: -
Flexi Working Hours: -
Other Benefits :

This post has been edited by ytle2010: Jul 2 2020, 10:31 AM
PrincZe
post Jul 2 2020, 12:00 PM

Look at all my stars!!
*******
Senior Member
2,958 posts

Joined: Oct 2008
QUOTE(ytle2010 @ Jul 2 2020, 10:25 AM)
Job Title: Test Lead
Job Description: Building a test test team, implementing test strategy for the company
Age: 38
Years spent in company: 3 months
Industry: Networking - security
Tenure: Permanent
Experience before joining (years): 14
Highest paper qualification/ education background: Bachelor Degree
Location: KL
Average Working Hours Per Week (incl lunch hours): 40

Monetary Payout
Basic Salary + Fixed Allowance : RM 14k
Contractual Bonus (months): None
Performance, Variable Bonus & Commissions (months) : Not sure

Benefits (where relevant):
Health Benefits: -
Transport Benefits: -
Flexi Working Hours: -
Other Benefits :
*
looking good. security is always a good industry to be in bruce.gif
jimannajmi
post Jul 5 2020, 01:33 PM

New Member
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Newbie
2 posts

Joined: Apr 2013


Job Title: Video Producer / Online Freelancer
Job Description: Producing/editing all sorts of videos for companies
Age: 35
Years spent in company: No particular one, but clients from all over the world
Industry: Multimedia
Tenure: Permanent + Contract basis (depends on clients)
Experience before joining (years): Started freelancing since 2012
Highest paper qualification/ education background: Bachelor Degree
Location: KL
Average Working Hours Per Week (incl lunch hours): Less than 40

Monetary Payout
Basic Salary + Fixed Allowance : As a freelancer, monthly income varies from RM10k-RM18k
Contractual Bonus (months): None
Performance, Variable Bonus & Commissions (months) : None

Benefits (where relevant):
Health Benefits: - Working from home, so I have access to my meds and kitchen lol
Transport Benefits: - No transport needed to work
Flexi Working Hours: - Hell yeah. I make up the schedule
Other Benefits : - More time with family

Somehow I always thought I could do better. Is this income OK for my age?

Trying to break into RM20k, or possibly RM30k this year.

Wish me luck guys!
hksgmy
post Jul 5 2020, 03:00 PM

Doraemon!
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Senior Member
1,399 posts

Joined: Sep 2019
QUOTE(jimannajmi @ Jul 5 2020, 01:33 PM)
Job Title: Video Producer / Online Freelancer
Job Description: Producing/editing all sorts of videos for companies
Age: 35
Years spent in company: No particular one, but clients from all over the world
Industry: Multimedia
Tenure: Permanent + Contract basis (depends on clients)
Experience before joining (years): Started freelancing since 2012
Highest paper qualification/ education background: Bachelor Degree
Location: KL
Average Working Hours Per Week (incl lunch hours): Less than 40

Monetary Payout
Basic Salary + Fixed Allowance : As a freelancer, monthly income varies from RM10k-RM18k
Contractual Bonus (months): None
Performance, Variable Bonus & Commissions (months) : None

Benefits (where relevant):
Health Benefits: - Working from home, so I have access to my meds and kitchen lol
Transport Benefits: - No transport needed to work
Flexi Working Hours: - Hell yeah. I make up the schedule
Other Benefits : - More time with family

Somehow I always thought I could do better. Is this income OK for my age?

Trying to break into RM20k, or possibly RM30k this year.

Wish me luck guys!
*
I think it’s not bad at all! And I have a good feeling that you enjoy your work! Good luck!
jimannajmi
post Jul 6 2020, 05:02 AM

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2 posts

Joined: Apr 2013


Thanks a lot for the motivation! I'll do my best!


QUOTE(hksgmy @ Jul 5 2020, 03:00 PM)
I think it’s not bad at all! And I have a good feeling that you enjoy your work! Good luck!
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BChLZ
post Jul 6 2020, 02:50 PM

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Junior Member
20 posts

Joined: Nov 2014
My boss's daughter became AC before 30 in Singapore, we all said he can shake leg at home already 😄

QUOTE(hksgmy @ Jun 14 2020, 01:27 PM)
I came down to Singapore to begin my houseman year. In my days, it was easier - much easier - you do well, pass your part 1, get selected into BST (Basic Specialty Training), pass your MMed and Membership/Fellowship (be it the MRCP or the FRCS), progress to AST, publish a couple of papers, exit the training usually after 3 to 5 years, depending on your progress and yearly assessments and whether you do your HMDP overseas or not - and you’re usually at least an AC or if you’re really that good, a Consultant. The whole training would be over in 10 years, from BST to Fellowship and exit.

Now, I hear residents circulating in limbo for years waiting for a spot to open up for the equivalent of AST - but that’s the same with many developed countries: Australia, UK (it’s a crazy fight to get a training number there) and the likes.

All the very best and good luck with your training and career!
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hksgmy
post Jul 6 2020, 03:38 PM

Doraemon!
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Senior Member
1,399 posts

Joined: Sep 2019
QUOTE(BChLZ @ Jul 6 2020, 02:50 PM)
My boss's daughter became AC before 30 in Singapore, we all said he can shake leg at home already 😄
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Hahaha. Your boss can shake leg but I doubt his daughter would be able to - still a LOT of responsibilities as a AC in a public hospital!

But, for those who are lucky to be able to call their passion their career as well, nothing makes it more exciting to wake up to every morning.
BChLZ
post Jul 6 2020, 04:23 PM

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Junior Member
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Joined: Nov 2014
In fact, my boss is working like still in his 30s everyday (engineering).
Although leading a team with majority of them PhD (I am not 😅) and with lot of meetings, he still doing hands-on coding everyday.

QUOTE(hksgmy @ Jul 6 2020, 03:38 PM)
Hahaha. Your boss can shake leg but I doubt his daughter would be able to - still a LOT of responsibilities as a AC in a public hospital!

But, for those who are lucky to be able to call their passion their career as well, nothing makes it more exciting to wake up to every morning.
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klch87 P
post Yesterday, 03:17 PM

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Joined: Jun 2020
Oh mai...ppl here all high pay over RM10m. How come malaysia median income still beloa RM5k 🤣🤣
wongkheong86
post Yesterday, 05:29 PM

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Joined: Nov 2013
I have a question here, I think some of you can answer my question easily.
About job position from officer promoted to senior officer, the increment price range is it just around rm300-rm600 ??
if from senior promoted to assistant manager price range is it much higher ? e.g. rm1k-rm2k ??

sorry for asking because myself didn't get promoted before so I'm curious what's the price range around ? thanks for any sifu/master share with me.

 

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