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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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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.
*
Can you describe more on what you will be doing in a new job?
Xenopher
post Jun 30 2020, 08:37 PM

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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.
*
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

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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!!
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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

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4 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

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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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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!
*
BChLZ
post Jul 6 2020, 02:50 PM

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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!
*
hksgmy
post Jul 6 2020, 03:38 PM

Doraemon!
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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 😄
*
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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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.
*
klch87
post Jul 7 2020, 03:17 PM

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Oh mai...ppl here all high pay over RM10m. How come malaysia median income still beloa RM5k 🤣🤣
wongkheong86
post Jul 7 2020, 05:29 PM

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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.
BLKH3
post Jul 8 2020, 10:56 AM

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QUOTE(klch87 @ Jul 7 2020, 03:17 PM)
Oh mai...ppl here all high pay over RM10m. How come malaysia median income still beloa RM5k 🤣🤣
*
When I look at all the penis waving activity in this thread, I conclude a few things.

a) Some of them faked it.
b) Those who are earning a lot will definitely post their income here while those who are earning more realistic will shy away.
c) All of the above.

I will take all the info here like I take my salt.
BLKH3
post Jul 8 2020, 10:58 AM

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QUOTE(Zenph @ Jun 29 2020, 03:01 AM)
What with everyone sharing their skyrocket salary....

We can 14th floor liao
*
I take it with a pinch of salt.
wongkheong86
post Jul 8 2020, 02:31 PM

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QUOTE(BLKH3 @ Jul 8 2020, 11:56 AM)
When I look at all the penis waving activity in this thread, I conclude a few things.

a) Some of them faked it.
b) Those who are earning a lot will definitely post their income here while those who are earning more realistic will shy away.
c) All of the above.

I will take all the info here like I take my salt.
*
hehe finally someone voice out about this issue, but not sure they faked or real, but those earning really slobber like rm10k rm20k.
hksgmy
post Jul 8 2020, 02:37 PM

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Joined: Sep 2019
QUOTE(BLKH3 @ Jul 8 2020, 10:56 AM)
When I look at all the penis waving activity in this thread, I conclude a few things.

a) Some of them faked it.
b) Those who are earning a lot will definitely post their income here while those who are earning more realistic will shy away.
c) All of the above.

I will take all the info here like I take my salt.
*
This is an internet forum. I seriously doubt seeking validation from anonymous users is the main goal here. Sure, there may be the odd joker that’s posting a ridiculous figure just to elicit a reaction or to (in forum vernacular) shiok sendiri, but those doing so would be disappointed at the mature and balanced way discussions have unfolded in this and other designated sub forums.

At the end of the day, we only take away whatever effort we put in - engage in a discussion with an open mind and in good faith, and we might learn a thing or two. Approach it with cynicism and suspicion, soon every post will start to look dodgy and the forum experience can be an unpleasant one.

The choice is your, garnished with salt or otherwise.
wongkheong86
post Jul 8 2020, 05:07 PM

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QUOTE(wongkheong86 @ Jul 8 2020, 03:31 PM)
hehe finally someone voice out about this issue, but not sure they faked or real, but those earning really slobber like rm10k rm20k.
*
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 boss/director/master share with me.
wongkheong86
post Jul 8 2020, 05:09 PM

New Member
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Junior Member
44 posts

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 boss/director/manager share with me.

This post has been edited by wongkheong86: Jul 8 2020, 05:09 PM
theridler4
post Jul 8 2020, 05:19 PM

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Joined: Mar 2010


Job Title : .NET Engineer
Job Desciption : Perform enhancement. Patches. Fix production issue. Rewrite stuff.
Age :28
Years spent in company :1
Company : Local
Industry :Software
Tenure :-
Employment Level : Permanent
Experience before joining (years) : 3
Highest paper qualification/ education background : Degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 8-5:30 pm,

Monetary Payout
Basic Salary + Fixed Allowance : RM 4200
Contractual Bonus (months): 0
Performance, Variable Bonus & Commissions (months) : NIL

Benefits (where relevant) :
Health Benefits : Insurance, and medical claim
Transport Benefits : No
Mobile / Internet / Gadget Benefits : -
Flexi Working Hours : Yes
Other Benefits : free lunch everyday


Salary seems on average.


2nd Job: Trading
2nd job income: at most i earn is RM800 per night. But currently very hard.
Xenopher
post Jul 8 2020, 09:03 PM

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QUOTE(wongkheong86 @ Jul 8 2020, 05:09 PM)
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 boss/director/manager share with me.
*
There's no specific salary range. It depends on the industry and the company. Usually each company has certain salary ceiling for each position, so the further away your salary is from the ceiling price, the higher increment you'll possibly get when promoted.

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