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 Let's Talk Salary v8, Sharing Thread

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corad
post Jul 16 2021, 09:04 PM

Hard to see, the dark side is.
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Joined: Jan 2003
From: Sarawak / United Kingdom
QUOTE(Quang1819 @ Jul 11 2021, 03:49 PM)
its quiet refreshing to see a CEO like you speak very loudly against such low pay for fresh grad. And its disgusting to even read theres some idiots actually agree that a fresh grad deserve no more than 2.5k in KL

just wondering, how much is the company that you're working for willing to pay for a fresh grad? be it whichever department it is, as long as it requires a bachelor degree.
*
I asked the same question, and he replied RM3k - 3.5k in 2013. Not sure why 2013 specifically, his company not hiring fresh grads anymore ? hmm.gif

In the end he is talking about those really good grads. Obviously good grads have the world as their oyster. If KL offer RM3.5k, Singapore is offering SGD3.5k and Australia is AUD5k. (example for freshie who has a Masters in Civil Eng).

His post is not about people who just manage a pass in a non-rigorous subject. But these people are still needed for things to run, ie: Front Desk Supervisor, certified technician etc. Imagine if a hotel pays every starting staff RM2.5k (minimum wage RM1.2k), will you be willing to pay 2.1x the prices for the EXACT same thing ? RM300/night becomes RM630/night for the same thing. sweat.gif


QUOTE(Pugface @ Jul 15 2021, 03:43 PM)
when i created account at 2014, i saw this thread and had a vision to just 14th floor

7 years later i came back with better achievement and see ppl significantly younger than me earning even higher

there is no winning this thread

edited: spelling
*
I know the feeling haha !

There's always a higher mountain ...


Quang1819
post Jul 16 2021, 10:53 PM

Look at all my stars!!
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QUOTE(corad @ Jul 16 2021, 09:04 PM)
I asked the same question, and he replied RM3k - 3.5k in 2013. Not sure why 2013 specifically, his company not hiring fresh grads anymore ?  hmm.gif

In the end he is talking about those really good grads. Obviously good grads have the world as their oyster. If KL offer RM3.5k, Singapore is offering SGD3.5k and Australia is AUD5k. (example for freshie who has a Masters in Civil Eng).

His post is not about people who just manage a pass in a non-rigorous subject. But these people are still needed for things to run, ie: Front Desk Supervisor, certified technician etc. Imagine if a hotel pays every starting staff RM2.5k (minimum wage RM1.2k), will you be willing to pay 2.1x the prices for the EXACT same thing ? RM300/night becomes RM630/night for the same thing.  sweat.gif
*
He didnt even answer your question lol
YantoZyrus
post Jul 19 2021, 12:13 PM

Getting Started
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Junior Member
71 posts

Joined: Jul 2021
Job Title : sw engineer
Job Description : write code, review code
Age : 29
Years spent in company : 1
Industry : Electronics
Tenure : Permanent
Employment Level : normal engineer
Experience before joining (years) : 5
Highest paper qualification/ education background : Master degree
Location : P9
Average Working Hours Per Week (incl lunch hours): 40 hours

Monetary Payout
Basic Salary : 6800
Contractual Bonus (months): none
Performance, Variable Bonus & Commissions (months) : depend

Benefits (where relevant) :
Health Benefits : Medical card
Flexi Working Hours : yes?
tomato93 P
post Jul 19 2021, 07:04 PM

New Member
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Probation
1 posts

Joined: Jul 2021
Job Title : Financial Analyst
Job Description : handling regional revenue, forecast, AR
Age : 28
Years spent in company : 2
Industry : Software
Tenure : Permanent
Employment Level : I think between junior and senior
Experience before joining (years) : 4
Highest paper qualification/ education background: bachelor degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 30-40 hours

Monetary Payout
Basic Salary : 5800
Contractual Bonus (months): none
Performance, Variable Bonus & Commissions (months) : depend

Benefits (where relevant) :
Health Benefits : Medical card and dental card
Flexi Working Hours : no


Currently looking for new role as current role too comfortable, wondering if possible to ask for >20% raise?

feel like not earning much, 1k saving only monthly with no commitment cry.gif
Avenger_2012
post Jul 20 2021, 07:35 PM

Getting Started
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Junior Member
197 posts

Joined: Apr 2012
Job Title : Engineering Specialist
Job Description : Subject matter expert of oilfield, review programs, contract holder.
Age : 33
Years spent in company : 2
Industry : Oil and Gas
Tenure : Permanent
Employment Level : Manager/Technical Expert
Experience before joining (years) : 7
Highest paper qualification/ education background: bachelor degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 40 -45 hours

Monetary Payout
Basic Salary : RM 34,000 per month
Contractual Bonus (months): Yes
Performance, Variable Bonus & Commissions (months) : No

Benefits (where relevant) :
Health Benefits : Medical card
Flexi Working Hours : Currently WFH

This post has been edited by Avenger_2012: Jul 20 2021, 07:39 PM
Helpmeplis
post Jul 20 2021, 08:43 PM

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Joined: Nov 2018
QUOTE(Avenger_2012 @ Jul 20 2021, 07:35 PM)
Job Title : Engineering Specialist
Job Description :  Subject matter expert of oilfield, review programs, contract holder.
Age : 33
Years spent in company : 2
Industry : Oil and Gas
Tenure : Permanent
Employment Level : Manager/Technical Expert
Experience before joining (years) : 7
Highest paper qualification/ education background: bachelor degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 40 -45 hours

Monetary Payout
Basic Salary : RM 34,000 per month
Contractual Bonus (months): Yes
Performance, Variable Bonus & Commissions (months) : No

Benefits (where relevant) :
Health Benefits : Medical card
Flexi Working Hours : Currently WFH
*
Are you working in the service company side ?
SLB/ Halliburton/ Baker Hughes/ Weatherford ?
Avenger_2012
post Jul 20 2021, 10:31 PM

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197 posts

Joined: Apr 2012
QUOTE(Helpmeplis @ Jul 20 2021, 08:43 PM)
Are you working in the service company side ?
SLB/ Halliburton/ Baker Hughes/ Weatherford ?
*
Used to work in service company, now I’m working for an operator.
Helpmeplis
post Jul 20 2021, 10:34 PM

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166 posts

Joined: Nov 2018
QUOTE(Avenger_2012 @ Jul 20 2021, 10:31 PM)
Used to work in service company, now I’m working for an operator.
*
SME in wells Petronas is it ?

If so, you must the youngest SME in wells ! I know most of the SME's in wells Petronas.
Sillymexican
post Jul 22 2021, 12:55 PM

New Member
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Junior Member
12 posts

Joined: Jun 2012
Job Title : Technical PM
Job Description : Large scale entertainment solutions
Age : 35
Years spent in company : 10
Industry : Entertainment
Tenure : Permanent
Employment Level : Partner
Experience before joining (years) : 5
Highest paper qualification/ education background: n/a
Location : Shah Alam
Average Working Hours Per Week (incl lunch hours): 20

Monetary Payout
Basic Salary : RM 45,000 per month
Contractual Bonus (months): no
Performance, Variable Bonus & Commissions (months) : yes

Benefits (where relevant) : F class travel, Travel Allowance, Living Allowance, Accom Allowance
Health Benefits : Medical insurance, wellness plan
Flexi Working Hours : in design and planning phase yes, in production no.
Frank3
post Jul 22 2021, 06:40 PM

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263 posts

Joined: Apr 2011
QUOTE(Frank3 @ Mar 15 2020, 03:00 PM)
After a year of working in technical (software testing automation), i receive another job offer, hopefully still able to catch up people in Singapore:

Job Title : QA Engineer
Job Desciption : Ensure the successful execution of automated test cases in all products on the platform and thus ensure the quality of the software (E-commerce)
Age : 30
Years spent in company : 0 (haven't join)
Company : Germany automotive company
Industry : Automotive
Tenure : Contract until Dec 2020 and will convert to permanent on Jan 2021
Experience before joining: 9 yrs
Experience in Singapore: 6 yrs
Highest paper qualification/ education background : B. Degree (IT)
Location : Singapore
Average Working Hours Per Week (incl lunch hours): 45 +-

Monetary Payout
Basic Salary + Fixed Allowance : SGD 7000
Monthly Allowance: SGD 800 (Mobility) -- edited
Contractual Bonus (months): 0
Performance, Variable Bonus & Commissions (months) : 20% of annual salary

Benefits (where relevant) :
Health Benefits : Medical Insurance
Transport Benefits : NA
Flexi Working Hours : Yes.
Leave: AL + Cultural Leave
*
QUOTE(Frank3 @ Oct 6 2020, 04:00 PM)
Although my career is not the best among the member here, I will still post my employment history with salary for those who wish to start their career in Singapore especially as IT professional.

Company A (Software QA - Oil And Gas Industry)
24 yo, Apr 2014, SGD2500 (Contract)
24 yo, Jun 2014, SGD2700 (Convert to permanent, 13th bonus + variable bonus)
25 yo, Jan 2015, SGD2980 (Increment + Management Remove 13th bonus - Due to bad oil price)
27 yo, Nov 2017, SGD2980 (Finally resigned because no salary increment, bonus and career progression in 2016 & 2017)

Company B (Software QA - IT service Industry)
27 yo, Dec 2017, SGD3400 (Permanent, 13th bonus + variable bonus)
28 yo, Apr 2018, SGD3600 (Passed Probation)
28 yo, Jun 2018, SGD4500 (Got other job offer, but company counter offer)
29 yo, Feb 2019, SGD4500 (Resigned)

Company C (Software QA - Gaming Industry)
29yo, Mar 2019, SGD5300 (Contract, no bonus)
30yo, Mar 2020, SGD5300 (Resigned)

Company D (Software QA - Automotive Industry)
30yo, Apr 2020, SGD7000 + 800 (Contract, variable bonus + monthly allowance SGD800)

From my experience in Singapore, jump ship is the best way to increase salary.
For those who want to come Singapore, remember open a Linkedin account, most of the recruiter search candidates from Linkedin. If you are IT professional, especially related to software development (Software engineer, QA, architect, Devops, Tech Consultant)
*
Long time never login to Lowyat Forum!!
Time to update the salary.
Despite covid-19 pandemic, i still receiving a lot of recruiter/headhunter PM, hence i received and accepted another job offer:

Job Title : QA Automation Engineer
Job Description : Develop and maintain automation code (python) for mobile app.
Age : 31
Years spent in company : < 6 months
Company : Cryptocurrency Company
Industry : Fintech
Tenure : Permanent
Experience before joining: 10 yrs (Including Malaysia)
Experience in Singapore: 7 yrs (Since 2014)
Highest paper qualification/ education background : B. Degree (IT)
Location : Singapore
Average Working Hours Per Week (incl lunch hours): 44 +-

Monetary Payout
Basic Salary + Fixed Allowance : SGD 8500
Monthly Allowance: NA
Contractual Bonus (months): 0
Performance, Variable Bonus & Commissions (months) : 10 - 40% of annual salary

Benefits (where relevant) :
Health Benefits : Medical Insurance
Transport Benefits : NA
Flexi Working Hours : Yes.
Leave: Annual Leave (21-25 days) + Birthday Leave + Work Anniversary Leave + Sick Leaves
howilson87 P
post Jul 23 2021, 11:11 AM

New Member
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Probation
7 posts

Joined: Jan 2021
Hi guys .What degree is good for the future ? Or any degree will do ?
YantoZyrus
post Jul 23 2021, 01:45 PM

Getting Started
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Junior Member
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Joined: Jul 2021
QUOTE(Frank3 @ Jul 22 2021, 06:40 PM)
Long time never login to Lowyat Forum!!
Time to update the salary.
Despite covid-19 pandemic, i still receiving a lot of recruiter/headhunter PM, hence i received and accepted another job offer:

Job Title : QA Automation Engineer
Job Description : Develop and maintain automation code (python) for mobile app.
Age : 31
Years spent in company : < 6 months
Company : Cryptocurrency Company
Industry : Fintech
Tenure : Permanent
Experience before joining: 10 yrs (Including Malaysia)
Experience in Singapore: 7 yrs (Since 2014)
Highest paper qualification/ education background : B. Degree (IT)
Location : Singapore
Average Working Hours Per Week (incl lunch hours): 44 +-

Monetary Payout
Basic Salary + Fixed Allowance : SGD 8500
Monthly Allowance: NA
Contractual Bonus (months): 0
Performance, Variable Bonus & Commissions (months) : 10 - 40% of annual salary

Benefits (where relevant) :
Health Benefits : Medical Insurance
Transport Benefits : NA
Flexi Working Hours : Yes.
Leave: Annual Leave (21-25 days) + Birthday Leave + Work Anniversary Leave + Sick Leaves
*
8.5k sgd sooo high can refer me or not icon_question.gif cry.gif cry.gif
contestchris
post Jul 24 2021, 11:40 AM

Look at all my stars!!
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Senior Member
5,559 posts

Joined: Aug 2011
QUOTE(tomato93 @ Jul 19 2021, 07:04 PM)
Job Title : Financial Analyst
Job Description : handling regional revenue, forecast, AR
Age : 28
Years spent in company : 2
Industry : Software
Tenure : Permanent
Employment Level : I think between junior and senior
Experience before joining (years) : 4
Highest paper qualification/ education background: bachelor degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 30-40 hours

Monetary Payout
Basic Salary : 5800
Contractual Bonus (months): none
Performance, Variable Bonus & Commissions (months) : depend

Benefits (where relevant) :
Health Benefits : Medical card and dental card
Flexi Working Hours : no
Currently looking for new role as current role too comfortable, wondering if possible to ask for >20% raise?

feel like not earning much, 1k saving only monthly with no commitment cry.gif
*
How come only 1k savings per month with zero commitment? Now Covid some more, a lot of expenditure should be reduced.

And yes, you can get >20% raise, but it won't be easy. You need some kind of professional certification/qualification, and hit it off with the interviewers (especially your direct boss).

You can definitely demand 30% and get it with some persistence. Usually this is a cap for most local Malaysian financial companies at 30%. Don't settle for 20%. But if you even more patient, can go for 40% or 50% even, usually have to hunt outside of Malaysian MNCs for that.

This post has been edited by contestchris: Jul 24 2021, 11:42 AM
lordgamer3
post Jul 24 2021, 11:44 AM

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Junior Member
847 posts

Joined: Oct 2004
QUOTE(geladiator @ Feb 13 2018, 11:33 PM)
Job Title : Software Architect
Age : 37
Years spent in company : 1
Industry : IT
Employment Level : Senior
Experience before joining (years) : 12
Highest paper qualification/ education background : PhD
Salary: 10k
*
10k decent money but with your experience and credentials cant get higher ke?

Please dont get me wrong i not being disrespectful cz i see so many stupid people earning 20k but your credential looks very very good.
lordgamer3
post Jul 24 2021, 11:50 AM

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847 posts

Joined: Oct 2004
QUOTE(silence94 @ May 9 2021, 10:26 PM)


Hey everyone, it's been a while and i thought of making a bump to the previous post back in Aug 2019.
Here's a little update on it smile.gif

Job Title: Assistant Manager - Product & Strategic Partnership
Job Desciption: Managing regional product & partnership
Age: 27
Years spent in company: 1 year + 10 months
Company: P&C
Industry: Financial Industry
Tenure : Permanent
Employment Level : Assistant Manager
Experience before joining (years) : 3 years and 10 months
Highest paper qualification/ education background : Degree
Location : Klang Valley
Average Working Hours Per Week (incl lunch hours): Same as previous, just that now more to WFH.

Monetary Payout
Basic Salary + Fixed Allowance : RM8080
Contractual Bonus (months): 13th months salary
Performance, Variable Bonus & Commissions (months) : n/a, new role

Benefits (where relevant) :
Health Benefits : Same as previous
Transport Benefits : Same as previous
Mobile / Internet / Gadget Benefits : Same as previous. AM will be getting a different laptop, hence purchase a brand new laptop.
Flexi Working Hours : Yes,
Other Benefits : 16 days AL (Previous 14)

Just had this new role & joining this regional department this month. This department is handling the regional products & partnerships for this company. Need to manage the product roadmap & commercialization plan & traveling to regional offices (After COVID). Reporting to a higher boss now, and there are 2 people that reports under me smile.gif Hope everything turns out well biggrin.gif
*
AM gaji quite high better than banking with much less work experience in terms of years. Glad you doing well.
lordgamer3
post Jul 24 2021, 11:55 AM

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Junior Member
847 posts

Joined: Oct 2004
QUOTE(soul_star @ Mar 21 2021, 05:36 PM)
Job Title : L1 Technical support
Job Description : Assisting residential on isp product such as internet, voip, custom dns service
Age : 27 this year
Years spent in company : 2 years
Industry : IT / Telcommunication
Tenure : Permanent
Experience before joining (years) : 0
Highest paper qualification/ education background : Bachelor in electronic engineering (computing)
Location : KL
Working Hours Per Week : 45 hours working time

Monetary Payout
Basic Salary + Fixed Allowance : RM3300 + shift allowance RM300

Benefits (where relevant) : double pay on all public holiday or replacement leave, free 30mbps home internet

Health Benefits : rm1000 mednefits allowance

currently looking to jump to other company for the networking field but I keep on getting service desk / support role because of current position sweat.gif
*
Try getting some other certification and stronger cover letter, good luck =)
lordgamer3
post Jul 24 2021, 11:57 AM

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Junior Member
847 posts

Joined: Oct 2004
QUOTE(keanmoo @ Mar 14 2021, 10:48 PM)
Job Title : Assistant Manager
Job Description : Banking personal loan
Age : 29
Years spent in company : 4 years
Industry : Banking
Tenure : Permanent
Experience before joining (years) : 0
Highest paper qualification/ education background : Diploma in banking
Location : KL
Working Hours Per Week : Flexible hours

Monetary Payout
Basic Salary + Fixed Allowance + Variable Bonus & Commissions : RM13,000+

Benefits (where relevant) :
Health Benefits :
- Annual medical claims up to RM5,000
*
Which bank is this? As far i know AM for bank gaji basic nowhere close to 5 figure and mostly operations related.
YantoZyrus
post Jul 24 2021, 04:13 PM

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QUOTE(lordgamer3 @ Jul 24 2021, 11:57 AM)
Which bank is this? As far i know AM for bank gaji basic nowhere close to 5 figure and mostly operations related.
*
Looks like lumsump including all bonus in d
ZeonKid
post Jul 25 2021, 02:01 PM

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48 posts

Joined: Dec 2013
» Click to show Spoiler - click again to hide... «


*
4th update at 8yrs exp

Job Title : Actuarial Manager
Job Desciption : Insurance Valuation
Age : 30
Years spent in company : 8 Years
Company : Local Insurance Company
Industry : Insurance
Employment Level : M
Experience before joining : 0 Experience
Highest paper qualification/ education background : Qualified Actuary
Salary : 16k
Bonus : 2~3months

switched to other team compared to last year... other than that nothing much change. Still alot of stress but already get used to it.
Feel already hitting salary ceiling unless I get promoted to senior manager.
Salary not the top in this thread, but not complaining.

This post has been edited by ZeonKid: Jul 25 2021, 02:02 PM
Murasaki322
post Jul 25 2021, 02:41 PM

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Joined: Jul 2018
QUOTE(ZeonKid @ Jul 25 2021, 02:01 PM)
» Click to show Spoiler - click again to hide... «


*
4th update at 8yrs exp

Job Title : Actuarial Manager
Job Desciption : Insurance Valuation
Age : 30
Years spent in company : 8 Years
Company : Local Insurance Company
Industry : Insurance
Employment Level : M
Experience before joining : 0 Experience
Highest paper qualification/ education background : Qualified Actuary
Salary : 16k
Bonus : 2~3months

switched to other team compared to last year... other than that nothing much change. Still alot of stress but already get used to it.
Feel already hitting salary ceiling unless I get promoted to senior manager.
Salary not the top in this thread, but not complaining.
*
Nice to see being loyal to one company isn't that bad of a progression, compared to hoppers. 4x income within 8 years, growth is there. Thanks for sharing and wish you all the best.
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