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 Let's Talk Salary v8, Sharing Thread

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NextDoorMan
post Jul 26 2021, 12:55 AM

Getting Started
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159 posts

Joined: Apr 2020
QUOTE(NextDoorMan @ Nov 16 2020, 02:13 AM)
Job Title : Network Engineer
Job Desciption : Design Network and Bidding Projects
Age : 23
Years spent in company : 5 months
Company :
Industry : Telco
Tenure :
Employment Level :
Experience before joining (years) : 0
Highest paper qualification/ education background : Masters in Engineering
Location : KL
Average Working Hours Per Week (incl lunch hours): 45 hours + expected unpaid OT

Monetary Payout
Basic Salary + Fixed Allowance : RM 3800 + 500
Contractual Bonus (months): N/A
Performance, Variable Bonus & Commissions (months) : N/A

Benefits (where relevant) :
Health Benefits : Insurance Claim
Transport Benefits : Transport allowance mentioned above
Mobile / Internet / Gadget Benefits : N/A
Flexi Working Hours : N/A
Other Benefits : N/A
*
Job Title : Graduate Trainee
Job Desciption : Commercial & E-commerce function
Age : 24
Years spent in company : 0 months
Company : FMCG
Industry : FMCG
Tenure : 0 months
Employment Level :
Experience before joining (years) : 1
Highest paper qualification/ education background : Masters in Engineering
Location : KL
Average Working Hours Per Week (incl lunch hours): 39 hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 4500
Contractual Bonus (months): N/A
Performance, Variable Bonus & Commissions (months) : 1.5 months bonus depending on company's performance

Benefits (where relevant) :
Health Benefits : Insurance Claim
Transport Benefits : RM 2,500 per annum
Mobile / Internet / Gadget Benefits : RM 1,000 per annum
Flexi Working Hours : Yes
Other Benefits : Free company products, Discounted company products
howilson87 P
post Jul 26 2021, 12:05 PM

New Member
*
Probation
7 posts

Joined: Jan 2021
Job Title : entrepreneur
Job Description : business and some investment
Age : 37
Years spent in company : -
Industry : -
Tenure : -
Employment Level : -
Experience before joining (years) : -
Highest paper qualification/ education background: bachelor degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 40 hours

Monetary Payout
Basic Salary : RM 40,000 - 55000 per month
Contractual Bonus (months): -
Performance, Variable Bonus & Commissions (months) : -

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

Helpmeplis
post Jul 26 2021, 06:44 PM

Getting Started
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Junior Member
166 posts

Joined: Nov 2018
QUOTE(NextDoorMan @ Jul 26 2021, 12:55 AM)
Job Title : Graduate Trainee
Job Desciption : Commercial & E-commerce function
Age : 24
Years spent in company : 0 months
Company : FMCG
Industry : FMCG
Tenure : 0 months
Employment Level :
Experience before joining (years) : 1
Highest paper qualification/ education background : Masters in Engineering
Location : KL
Average Working Hours Per Week (incl lunch hours): 39 hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 4500
Contractual Bonus (months): N/A
Performance, Variable Bonus & Commissions (months) : 1.5 months bonus depending on company's performance

Benefits (where relevant) :
Health Benefits : Insurance Claim
Transport Benefits : RM 2,500 per annum
Mobile / Internet / Gadget Benefits : RM 1,000 per annum
Flexi Working Hours : Yes
Other Benefits : Free company products, Discounted company products
*
Nestle / Danone / Mondalez ?

Is it one of them ?
NextDoorMan
post Jul 27 2021, 02:49 AM

Getting Started
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Junior Member
159 posts

Joined: Apr 2020
QUOTE(Helpmeplis @ Jul 26 2021, 06:44 PM)
Nestle / Danone / Mondalez ?

Is it one of them ?
*
none of them. It's unusual.
MaxReddevil
post Jul 27 2021, 11:32 AM

Enthusiast
*****
Senior Member
718 posts

Joined: Jul 2008


Job Title : Tax manager
Job Desciption : Tax advisory (specialize)
Age : 32
Industry : Tax
Tenure : Permanent
Experience before joining (years) : 8 years ++
Highest paper qualification/ education background : Degree & CPA
Location : KL
Average Working Hours Per Week (incl lunch hours): 40 hours

Monetary Payout
Basic Salary + Fixed Allowance : RM8,000
Contractual Bonus (months): None
Performance, Variable Bonus & Commissions (months) : 1 month

Benefits (where relevant) :
Health Benefits : Medical card
Transport Benefits : claim based on mileage for business purpose
Mobile / Internet / Gadget Benefits : RM50 per month
Flexi Working Hours : none
Other Benefits : professional course (1) fee can claim

Working at my 4th company in 8 years ++ journey. Finally promoted to manager with salary 8k gross basic.

Slow salary increment, hopefully one day can open my own company.
recca89
post Jul 29 2021, 10:17 PM

New Member
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Junior Member
41 posts

Joined: Oct 2014
Job Title : Network Architect
Job Description : Design company's network
Age : 32
Years spent in company : 1 month
Industry : IT
Tenure : Permanent
Employment Level : Manager
Experience before joining (years) : 10
Highest paper qualification/ education background : Degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 50-55 hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 17500
Contractual Bonus (months): N/A
Performance, Variable Bonus & Commissions (months) : Less than a year

Benefits (where relevant) :
Health Benefits : Insurance Claim
Transport Benefits : NA
Mobile / Internet / Gadget Benefits : NA
Flexi Working Hours : NA
Other Benefits : Dental & Optical

This post has been edited by recca89: Jul 30 2021, 12:44 AM
simpleguy10
post Jul 31 2021, 10:03 AM

New Member
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30 posts

Joined: Oct 2018


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
*
apa company? pay so good hahaha
rd33
post Aug 1 2021, 05:06 AM

Enthusiast
*****
Senior Member
872 posts

Joined: May 2008
From: Classified
QUOTE(recca89 @ Jul 29 2021, 10:17 PM)
Job Title : Network Architect
Job Description : Design company's network
Age : 32
Years spent in company : 1 month
Industry : IT
Tenure : Permanent
Employment Level : Manager
Experience before joining (years) : 10
Highest paper qualification/ education background : Degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 50-55 hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 17500
Contractual Bonus (months): N/A
Performance, Variable Bonus & Commissions (months) : Less than a year

Benefits (where relevant) :
Health Benefits : Insurance Claim
Transport Benefits : NA
Mobile / Internet / Gadget Benefits : NA
Flexi Working Hours : NA
Other Benefits : Dental & Optical
*
Did you just changed 3 jobs since Feb 2021? Thats like 3 times jump in 1.5years. And your salary shoot up from 11K to 17.5K since 2019.

Whats your secrets? Network stuff really in demand now?
recca89
post Aug 3 2021, 01:29 PM

New Member
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Junior Member
41 posts

Joined: Oct 2014
QUOTE(rd33 @ Aug 1 2021, 05:06 AM)
Did you just changed 3 jobs since Feb 2021? Thats like 3 times jump in 1.5years. And your salary shoot up from 11K to 17.5K since 2019.

Whats your secrets? Network stuff really in demand now?
*
No man. I'm with the same company for the past few years but i do get good increment. smile.gif
Network is always in demand IMHO. Large companies will always need people to manage their network
If you have skills like AWS, GCP and Azure then it's even better.

S_SienZ
post Aug 6 2021, 02:50 PM

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213 posts

Joined: Aug 2013
QUOTE(Murasaki322 @ Jul 25 2021, 02:41 PM)
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.
*
Actuary career progression quite different from other industry I think. This one need see how fast you clear your professional papers also.
kok_pun
post Aug 9 2021, 05:57 PM

Mortgage Expert
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Senior Member
854 posts

Joined: Oct 2009
Job Title : Manager
Job Description : Financial Planner
Age : 39

Industry : Financial Planning & Mortgage Services
Tenure : 10
Employment Level : Managerial
Experience before joining (years) : 6.5
Highest paper qualification/ education background: bachelor degree
Location : KL/ Selangor
Average Working Hours Per Week (incl lunch hours): 20 hours (MCO reduced to weekly 15 hours +/-)

Monetary Payout
Basic Salary : RM 40,000 per month (not counting additional payouts)
Contractual Bonus (months): -
Performance, Variable Bonus & Commissions (months) : 1

Benefits (where relevant) : -
Health Benefits : -
Flexi Working Hours : yes

This post has been edited by kok_pun: Aug 9 2021, 05:58 PM
SUSdattebayo
post Aug 13 2021, 09:29 PM

Look at all my stars!!
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5,366 posts

Joined: Aug 2005


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.
*
hope all is well for you

but myr16k for a fellowship, is abit on the lower end IMO

supposedly can fetch myr 18-20k minimum even on 10 years back
pinksapphire
post Aug 14 2021, 01:03 PM

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Joined: Aug 2009
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
*
Lol, too funny cuz it's true. I dropped by here after so many years, and I felt more pathetic than before, haha
brianw87
post Aug 14 2021, 02:42 PM

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341 posts

Joined: Jan 2009
Wow everyone's salary here is so high, all 5 figures out of the world. Those 30-40k must be millionaires thumbup.gif

This post has been edited by brianw87: Aug 14 2021, 02:47 PM
coolguy99
post Aug 15 2021, 08:22 AM

Look at all my stars!!
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7,353 posts

Joined: Aug 2015



QUOTE(pinksapphire @ Aug 14 2021, 01:03 PM)
Lol, too funny cuz it's true. I dropped by here after so many years, and I felt more pathetic than before, haha
*
Haha just take everything you see here with a pinch of salt.
mynameislegend
post Aug 15 2021, 10:00 AM

Getting Started
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Junior Member
124 posts

Joined: Jan 2013
From: Kuala Lumpur


Job Title : Process Analyst
Job Description : Consultant @ O&G industry
Age : 27

Industry : IT
Tenure : 3
Employment Level : Mid-level
Experience before joining (years) : 0
Highest paper qualification/ education background: bachelor degree
Location : KL/ Selangor
Average Working Hours Per Week (incl lunch hours): 45 hours

Monetary Payout
Basic Salary : RM 7,000 per month (not counting additional payouts)
Contractual Bonus (months): 1-2
Performance, Variable Bonus & Commissions (months) :

Benefits (where relevant) : -
Health Benefits : yes
Flexi Working Hours : no
Helpmeplis
post Aug 15 2021, 03:26 PM

Getting Started
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Junior Member
166 posts

Joined: Nov 2018
QUOTE(mynameislegend @ Aug 15 2021, 10:00 AM)
Job Title : Process Analyst
Job Description : Consultant @ O&G industry
Age : 27

Industry : IT
Tenure : 3
Employment Level : Mid-level
Experience before joining (years) : 0
Highest paper qualification/ education background: bachelor degree
Location : KL/ Selangor
Average Working Hours Per Week (incl lunch hours): 45 hours

Monetary Payout
Basic Salary : RM 7,000 per month (not counting additional payouts)
Contractual Bonus (months): 1-2
Performance, Variable Bonus & Commissions (months) :

Benefits (where relevant) : -
Health Benefits : yes
Flexi Working Hours : no
*
Local company or MNC ?
contestchris
post Aug 15 2021, 09:25 PM

Look at all my stars!!
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Joined: Aug 2011

QUOTE(Murasaki322 @ Jul 25 2021, 02:41 PM)
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.
*
Actuarial side they get very, very good increments for each paper completed. The more advanced the higher the increment. I believe it can be as much as RM8k for a full qualified actuary in terms of increments. Add to that regular promotions (3 in 8 years) and the figure is pretty achievable. The studying however is not easy, nor are the stress levels. Basically you get paid extra for more papers completed.
paogeh
post Aug 16 2021, 01:45 AM

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Joined: Sep 2006
From: Penang


QUOTE(contestchris @ Aug 15 2021, 09:25 PM)
Actuarial side they get very, very good increments for each paper completed. The more advanced the higher the increment. I believe it can be as much as RM8k for a full qualified actuary in terms of increments. Add to that regular promotions (3 in 8 years) and the figure is pretty achievable. The studying however is not easy, nor are the stress levels. Basically you get paid extra for more papers completed.
*
how to get into actuary ?


Im engineering background .

only started hearing insurance/bank actuary after working.


soules83
post Aug 16 2021, 10:42 AM

Hohoho I dunno
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Joined: Apr 2013
QUOTE(coolguy99 @ Aug 15 2021, 08:22 AM)
Haha just take everything you see here with a pinch of salt.
*
A lot its true, you can match it back to KL salary. If you done enough homework you won't be surprised those shared here is true, some job portal disclose salary range.

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