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 Let's Talk Salary v8, Sharing Thread

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moana6969 P
post Sep 29 2021, 12:38 PM

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all else equal, should i make a "jump" if:

30% increment in base salary but overall package net net zero or slight negative.

curious if the bump in base salary is worth it.

Oklahoma
post Sep 29 2021, 05:36 PM

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QUOTE(flying_manatee @ Sep 3 2021, 01:41 PM)
Just changed jobs so update:

Job Title : Consulting Manager
Job Description : Make Powerpoint slides
Age : 34
Years spent in company : 1st year
Company : MNC
Industry : Consulting
Employment Level : Manager
Experience before joining (years) : 11 Yrs
Highest paper qualification/ education background : Degree
Location : KL
Average Working Hours Per Week (incl lunch hours): estimate 50-60 hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 19k
Contractual Bonus (months): -
Performance, Variable Bonus & Commissions (months) : No idea yet

Benefits (where relevant) : Medical, Optical, Dental, etc.
Health Benefits : Medical card
Transport Benefits :
Mobile / Internet / Gadget Benefits :
Flexi Working Hours :
Other Benefits : Got but can't remember
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Hi is this BIG 4 consulting firm or more prestigious? If not mistaken big 4 don't pay manager RM19k, Malaysia office.
flying_manatee
post Sep 29 2021, 05:52 PM

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QUOTE(Oklahoma @ Sep 29 2021, 05:36 PM)
Hi is this BIG 4 consulting firm or more prestigious? If not mistaken big 4 don't pay manager RM19k, Malaysia office.
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Not big 4 but same tier. Having said that I've heard of big 4 consulting paying managers that range though, although it would be on the high end of the bracket. Big 4 audit then no way (but you reach manager much faster in audit)
Oklahoma
post Sep 29 2021, 06:58 PM

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QUOTE(flying_manatee @ Sep 29 2021, 05:52 PM)
Not big 4 but same tier. Having said that I've heard of big 4 consulting paying managers that range though, although it would be on the high end of the bracket. Big 4 audit then no way (but you reach manager much faster in audit)
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Hmm I'm assuming you're from like capco, at Kearney, Accenture?

They do, but must be external hire into big 4. No way if you started our fresh in big 4 you can climb to reach RM19k for manager(age 28-35)..senior manager perhaps..

This post has been edited by Oklahoma: Sep 29 2021, 06:58 PM
flying_manatee
post Sep 29 2021, 09:03 PM

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QUOTE(Oklahoma @ Sep 29 2021, 06:58 PM)
Hmm I'm assuming you're from like capco, at Kearney, Accenture?

They do, but must be external hire into big 4. No way if you started our fresh in big 4 you can climb to reach RM19k for manager(age 28-35)..senior manager perhaps..
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Haha ya something like that... yea maybe you're right on the external hire into big 4 part. Having said that what's the range for big 4 consulting for M / SM? I've heard of managers in big 4 consulting drawing 15k but I've also heard of senior consultants (one rank below) drawing over 20k so it's really peculiar...
Oklahoma
post Sep 29 2021, 09:09 PM

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QUOTE(flying_manatee @ Sep 29 2021, 09:03 PM)
Haha ya something like that... yea maybe you're right on the external hire into big 4 part. Having said that what's the range for big 4 consulting for M / SM? I've heard of managers in big 4 consulting drawing 15k but I've also heard of senior consultants (one rank below) drawing over 20k so it's really peculiar...
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M - RM9k starting
SM - RM13k starting

M with 15k is probably on the high range.

Hm senior con with 20k? Probably external hire.

I have no idea. But the only logical explanation is they are all external hire. No way a M can get RM15k or Senior con with RM20k with internal promotions

This post has been edited by Oklahoma: Sep 29 2021, 09:09 PM
flying_manatee
post Sep 29 2021, 09:21 PM

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QUOTE(Oklahoma @ Sep 29 2021, 09:09 PM)
M - RM9k starting
SM - RM13k starting

M with 15k is probably on the high range.

Hm senior con with 20k? Probably external hire.

I have no idea. But the only logical explanation is they are all external hire. No way a M can get RM15k or Senior con with RM20k with internal promotions
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Eh gosh that's really lower than I thought. I think your external hire theory is correct probably.

Having said that the 15k M was Deloitte consulting and I think maybe the reason is that Deloitte goes Analyst - Consultant - Senior Consultant - Manager - SM, while the others might go A - C - M - SM, so the M in Deloitte might be higher than the M in the other 3. Not sure if this makes sense or not.
Oklahoma
post Sep 29 2021, 09:37 PM

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QUOTE(flying_manatee @ Sep 29 2021, 09:21 PM)
Eh gosh that's really lower than I thought. I think your external hire theory is correct probably.

Having said that the 15k M was Deloitte consulting and I think maybe the reason is that Deloitte goes Analyst - Consultant - Senior Consultant - Manager - SM, while the others might go A - C - M - SM, so the M in Deloitte might be higher than the M in the other 3. Not sure if this makes sense or not.
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Could be true. Also consulting generally pays more than audit.
flying_manatee
post Sep 29 2021, 09:40 PM

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QUOTE(Oklahoma @ Sep 29 2021, 09:37 PM)
Could be true. Also consulting generally pays more than audit.
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yea thats true.

M - RM9k starting
SM - RM13k starting

this is for consulting or audit then actually? I was under the impression that consulting was a bit higher than that and audit was a bit lower than that so can't be sure...
Oklahoma
post Sep 29 2021, 09:41 PM

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QUOTE(flying_manatee @ Sep 29 2021, 09:40 PM)
yea thats true.

M - RM9k starting
SM - RM13k starting

this is for consulting or audit then actually? I was under the impression that consulting was a bit higher than that and audit was a bit lower than that so can't be sure...
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I got it from online. Audit I think.

Yes consulting definitely higher. I am in consulting too.
flying_manatee
post Sep 29 2021, 09:45 PM

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QUOTE(Oklahoma @ Sep 29 2021, 09:41 PM)
I got it from online. Audit I think.

Yes consulting definitely higher. I am in consulting too.
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Ah yea could be audit then if you found it online. I've been trying to find their consulting salary ranges but it's really tough to do so online because it's mixed up with the audit salaries...

If you're in a specialized consulting firm it must pay pretty well then. Kudos mate!
kelvin988
post Sep 30 2021, 12:34 AM

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QUOTE(jyll92 @ Sep 24 2021, 04:38 PM)
Job Title : Assistant Manager (Contract)
Job Desciption : Construction
Age : 29
Years spent in company : 0 year
Company : Local
Industry : Construction
Tenure :
Employment Level : Assistant Manager
Experience before joining (years) : 6 years
Highest paper qualification/ education background : Bachelor Degree - Quantity Surveying
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 44Hr
Monetary Payout
Basic Salary + Fixed Allowance : RM 6000+300
Contractual Bonus (months): depend on perofmance
Performance, Variable Bonus & Commissions (months) :

Benefits (where relevant) - chinaman
Health Benefits : Medical, Dental
Transport Benefits : -
Mobile / Internet / Gadget Benefits : N.A
Flexi Working Hours : N.A
Other Benefits :

Wa this forum can trust 1 ah. everyone 10k above. shud ask to attach with payslip otherwise no point
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QS 😂😂 are u in main con? Need work 7day/week or not haha
Reversse P
post Sep 30 2021, 12:43 AM

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Joined: Sep 2021
Job Title : Business Analyst
Job Desciption : Typical IT Business Analyst Job Scope
Age : 22
Years spent in company : 0 year
Company : Startup
Industry : Consulting
Tenure : Permanant
Employment Level : Junior
Experience before joining (years) : 9 Months
Highest paper qualification/ education background : Bachelor Degree
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 44Hr
Monetary Payout
Basic Salary : RM 4000
Contractual Bonus (months): 13 month bonus
Performance, Variable Bonus & Commissions (months) :

Benefits (where relevant) - chinaman
Health Benefits : N.A
Transport Benefits : -
Mobile / Internet / Gadget Benefits : N.A
Flexi Working Hours : N.A
Other Benefits :
Reversse P
post Sep 30 2021, 12:44 AM

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Joined: Sep 2021
Job Title : Business Analyst
Job Desciption : Typical IT Business Analyst Job Scope
Age : 22
Years spent in company : 0 year
Company : Startup
Industry : Consulting
Tenure : Permanant
Employment Level : Junior
Experience before joining (years) : 9 Months
Highest paper qualification/ education background : Bachelor Degree
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 44Hr
Monetary Payout
Basic Salary : RM 4000
Contractual Bonus (months): 13 month bonus
Performance, Variable Bonus & Commissions (months) :

Benefits (where relevant) - chinaman
Health Benefits : N.A
Transport Benefits : -
Mobile / Internet / Gadget Benefits : N.A
Flexi Working Hours : N.A
Other Benefits :
jyll92
post Sep 30 2021, 09:33 AM

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QUOTE(kelvin988 @ Sep 30 2021, 12:34 AM)
QS 😂😂 are u in main con? Need work 7day/week or not haha
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5.5 haha. sad life
rotogistics P
post Sep 30 2021, 12:13 PM

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QUOTE(Quang1819 @ Sep 28 2021, 07:14 PM)
pretty well paid or least above average when you were a fresh grad

25 and getting 7k is beyond 99% of 25 years old Malaysians ady lol
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As I am working with an employer outside of Malaysia, I will have to pay for my own EPF and taxes. With a total monthly payment of 7k, my gross is really just ~RM6150.

Despite feeling low balled, I believe the experience and one foot into SG will be worth it in the long run
D-Frog
post Sep 30 2021, 05:27 PM

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QUOTE(D-Frog @ Jan 26 2021, 09:11 PM)
Job Title :  Product Owner
Job Description : Product Roadmap and managing timeline expectation from C-suite and manager.
Age : 24
Years spent in company : 0months
Company : MNC
Industry : Fintech
Tenure : Permanent
Employment Level : Executive
Experience before joining (years) : 10months
Highest paper qualification/ education background : Degree in Computer Science
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 30-40

Monetary Payout
Basic Salary + Fixed Allowance : RM 6000
Benefits (where relevant) :
Health Benefits : Panel clinic

New update, same company.
Job Title :  Product Owner
Job Description : Product Roadmap and managing timeline expectation from C-suite and manager.
Age : 25
Years spent in company : 7months
Company : MNC
Industry : Fintech
Tenure : Permanent
Employment Level : Executive
Experience before joining (years) : 10months
Highest paper qualification/ education background : Degree in Computer Science
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 30-40

Monetary Payout
Basic Salary + Fixed Allowance : RM 6600

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New job recently
Job Title : Product Manager
Job Description: product management .
Age : 25
Years spent in company : 2 month
Company : MNC
Industry : Fintech
Tenure : Permanent
Employment Level : Executive
Experience before joining (years) : 2.5 years average
Highest paper qualification/ education background : Degree in Computer Science
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 30-40

Monetary Payout
Basic Salary + Fixed Allowance : RM 9800

This post has been edited by D-Frog: Sep 30 2021, 05:28 PM
KilJim
post Oct 1 2021, 10:33 AM

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QUOTE(rotogistics @ Sep 19 2021, 10:18 AM)
Flexi Working Hours: Yes
Would love to get your opinion on this career jump. I asked my future employer whether there are chances of moving over to SG once the pandemic subsides, and they said it is something they look forward to, subject to employment pass approvals. My compensation package also changes accordingly. I feel a bit confused here because they are outsourcing dev work and saving significantly (the offer is 50% of a fresh grad's rate in SG). Does it make sense for them to double my salary when I eventually do make the move to SG?

Also, this offer represents a 40% increment from my previous job, although I can't help but feel like I got lowballed because I told them my current salary. Regardless, this is a good offer and I do feel bad for complaining.
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You have the right thought there, it's unlikely they'll be willing to move you to SG in the future to do the same job (if not why are they hiring in Malaysia right now?)
What you should aim is to do well in your current role, then apply for an internal role which is currently based in SG. This is usually how internal transfers work (location transfer with the same role usually only goes from high to low cost locations)
rotogistics P
post Oct 4 2021, 05:23 PM

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QUOTE(KilJim @ Oct 1 2021, 10:33 AM)
You have the right thought there, it's unlikely they'll be willing to move you to SG in the future to do the same job (if not why are they hiring in Malaysia right now?)
What you should aim is to do well in your current role, then apply for an internal role which is currently based in SG. This is usually how internal transfers work (location transfer with the same role usually only goes from high to low cost locations)
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I guess you are right. Not only are they hiring in Malaysia, but also in other third world countries such as Vietnam, India for the dev team. When you mention of an internal role, do you mean to say a position above what I'm currently doing within the same company? For example, transitioning from a software engineer to a product manager?

If you mean to look for internal roles in SG outside of the company, it would be quite hard since I am fully remote and do not really have an employment pass to work with sad.gif
KilJim
post Oct 5 2021, 09:26 AM

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QUOTE(rotogistics @ Oct 4 2021, 05:23 PM)
I guess you are right. Not only are they hiring in Malaysia, but also in other third world countries such as Vietnam, India for the dev team. When you mention of an internal role, do you mean to say a position above what I'm currently doing within the same company? For example, transitioning from a software engineer to a product manager?

If you mean to look for internal roles in SG outside of the company, it would be quite hard since I am fully remote and do not really have an employment pass to work with  sad.gif
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Yeah I'm referring to internal roles within the same company which is still based in Singapore
Once you get a foot into Singapore the rest will be much easier

This post has been edited by KilJim: Oct 5 2021, 09:36 AM

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