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 Let's Talk Salary v8, Sharing Thread

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38kiakinjio
post Jul 20 2018, 04:32 AM

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QUOTE(eddydo @ Jul 20 2018, 04:26 AM)
Normally people wouldn't leave big 4 until like 2 years in, then they jump to other firms for work life balance. Unless your big accounting firm doesn't mean big 4, I would ask why not try getting into big4 if you want a fruitful place to kick-start your accounting life? Considering that now is peak hire season and I'm assuming you've got less than 2 years experience, why not actively look for other opportunities? There's a career fair coming soon this weekend in Kl
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It's a big 4 in regional office. I left because I don't like the nature of the job and the culture of the company in Melaka. Always thinking that I have other possibilities in the accounting field other than Big4.That's the reason I applied for this position as I wanted to specialise in the commercial lines earlier in my career while still getting my chartered qualification.

This post has been edited by 38kiakinjio: Jul 20 2018, 04:37 AM
eddydo
post Jul 20 2018, 04:56 AM

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QUOTE(38kiakinjio @ Jul 20 2018, 04:32 AM)
It's a big 4 in regional office. I left because I don't like the nature of the job and the culture of the company in Melaka. Always thinking that I have other possibilities in the accounting field other than Big4.That's the reason I applied for this position as I wanted to specialise in the commercial lines earlier in my career while still getting my chartered qualification.
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Nature of the job as in you don't like accounting? I don't quite get it. or is it like you prefer working with mnc than in big4 where they look at other peoples book instead of their own? (idk how it works tbh)

There are always finance roles in like idk Astro? They have a finance stream for fresh grad. BAT as well for finance and they pay relatively well (but I think they've stopped recruiting).

As of right now, is that your only option? How long were you given to consider? Why did you apply if you're not happy with the pay? Another thing is grades do matter especially in this field for fresh grad, how well did you do? If you're not an outspoken candidate these offer may seem scarce.

Bonded for 3 years, 2.5k pay, doesn't seem good at all to me. Get yourself more option, then you can pick and choose.
38kiakinjio
post Jul 20 2018, 05:30 AM

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QUOTE(eddydo @ Jul 20 2018, 04:56 AM)
Nature of the job as in you don't like accounting? I don't quite get it. or is it like you prefer working with mnc than in big4 where they look at other peoples book instead of their own? (idk how it works tbh)

There are always finance roles in like idk Astro? They have a finance stream for fresh grad. BAT as well for finance and they pay relatively well (but I think they've stopped recruiting).

As of right now, is that your only option? How long were you given to consider? Why did you apply if you're not happy with the pay? Another thing is grades do matter especially in this field for fresh grad, how well did you do? If you're not an outspoken candidate these offer may seem scarce.

Bonded for 3 years, 2.5k pay, doesn't seem good at all to me. Get yourself more option, then you can pick and choose.
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Nature of the job as in the extreme working hour and extensive travelling which are too much for me to handle being an individual with a mental health history. So, I am trying to look for a role that would be less dynamic and taxing. But It does not mean that I cannot work under pressure at all. Personally, I prefer to draft and prepare the financial statements of a company rather than auditing other companies.

This is not my only option. I have applied to bank for internal audit and compliance positions which will take 1 month to process my application due to background checking procedures required by BNM, after attending the interview. However, this offer came before I receive the other offer. I need to get back to them by next Monday.

I did very great in my grades. I haven't come across any employers that will offer me a higher salary based on my achievement in my studies. Maybe I didn't apply for the right one. And again a great student does not mean he is a great employee right?

This post has been edited by 38kiakinjio: Jul 20 2018, 05:34 AM
eddydo
post Jul 20 2018, 06:15 AM

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QUOTE(38kiakinjio @ Jul 20 2018, 05:30 AM)
Nature of the job as in the extreme working hour and extensive travelling which are too much for me to handle being an individual with a mental health history. So, I am trying to look for a role that would be less dynamic and taxing. But It does not mean that I cannot work under pressure at all. Personally, I prefer to draft and prepare the financial statements of a company rather than auditing other companies.

This is not my only option.  I have applied to bank for internal audit and compliance positions which will take 1 month to process my application due to background checking procedures required by BNM, after attending the interview. However, this offer came before I receive the other offer. I need to get back to them by next Monday.

I did very great in my grades.  I haven't come across any employers that will offer me a higher salary based on my achievement in my studies. Maybe I didn't apply for the right one. And again a great student does not mean he is a great employee right?
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Regarding the grades, don't get me wrong. Just that I've heard alot of my peers complaining about how hard is it to get a job in this field as their grades might have bottled neck their capabilities as they couldn't land themselves an interview. With less options, your negotiating power decreases, hence the phrase beggars can't be choosers. Though one should never just look at grades but Malaysia is still one of the countries where employers filter out using grades in the first stage.

Well if that's the case, I would suggest picking your next job properly since you've already got a taste of what you can and cannot handle. Judging from what you've said, I don't think you'll be happy with the offer, tho it sounds like exactly what you wish for.

Things I would consider:
1) the current odds of getting the bank offer
2) what's the compensation package like for the bank internal audit position, eg pay and does it support your qualification study?
3) which bank is it? reviews? might be the same old toxic environment you wouldn't know
4) how long can i survive being unemployed? Any side projects I can work on while actively applying for jobs?
5) if applying for jobs is taxing then just accept the offer

My 2 cents. All the best thumbsup.gif






dennisyeoh
post Jul 20 2018, 04:17 PM

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QUOTE(anak_telur @ Jul 20 2018, 12:53 PM)
Hi guys, can I ask if my payout is OK for my exp and degree?

Job Title : RnD Scientist
Job Desciption : Research on electronic motherboard
Age : 28
Years spent in company : 1 yr
Industry : Engineering
Tenure : Permanent
Experience before joining (years) : 0
Highest paper qualification/ education background : PhD (yes I have 0 working experience before that)
Location : SG
Average Working Hours Per Week (incl lunch hours): Very flexible. Official time stated is 9-6. But usually I log out at 4-ish. ...as long the job is done on time, can leave early.

Monetary Payout:
Basic Salary + Fixed Allowance : SGD 4400 + 13 month bonus
Benefits (where relevant) :
Health Benefits : Paid medical check-up, medical insurance
Transport Benefits : Claimable (eg. Grab etc for official work function)
Mobile / Internet / Gadget Benefits : SGD 100/month
Flexi Working Hours : Yes (<-- the biggest benefit of all?)
Other Benefits : None

I have a feeling I am slightly underpay at the moment. but then,  i have 0 working experience... and this is my first employer.  Opinion?
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i personally do not think you are under paid
laz91
post Jul 20 2018, 05:00 PM

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Joined: Jul 2018
Job Title : Pre-Sales Consultant
Job Desciption : IT security presentation and tender preparation
Age : 27
Years spent in company : 1 month
Company : Startup company
Industry : IT
Tenure : Permanent
Employment Level : executive
Experience before joining (years) : 1.5
Highest paper qualification/ education background : Degree in communication and Networking
Location : KL
Average Working Hours Per Week (incl lunch hours): 40+ hours/week

Monetary Payout
Basic Salary + Fixed Allowance : RM 4.6k
Performance, Variable Bonus & Commissions (months) : depends

Benefits (where relevant) :
Health Benefits : Insurance + medical up to 1.5k per year
Transport Benefits : millage claims
Flexi Working Hours : Work from home sometimes


I am not too sure if my market value is too low or high

This post has been edited by laz91: Jul 20 2018, 05:01 PM
Frank3
post Jul 20 2018, 06:31 PM

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QUOTE(coolguy99 @ Jul 19 2018, 09:38 PM)
The 13th month salary and project completion bonus is very nice to have as not many companies give those. I myself am in the same field as yours too. And I have to say you are doing pretty good!
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FYI the project completion bonus is very subjective (only for high contributor/performer for the project that i currently involve), and not for every project. However this is the first project that i am involving in this company. smile.gif
thebackendguy
post Jul 20 2018, 09:29 PM

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Job Title : Backend Developer (Web and Apps)
Job Desciption : Basically looking at code everyday, bug fixing, troubleshooting, developing new feature.
Age : 29 (going 30 this year)
Years spent in company : 3 months
Company : Startup company
Industry : IT
Tenure : Contract for 1 year
Employment Level : Not sure.
Experience before joining (years) : 7
Highest paper qualification/ education background : Diploma in Computer Science
Location : PJ MY
Average Working Hours Per Week (incl lunch hours): 45+ hours/week

Monetary Payout
Basic Salary + Fixed Allowance : RM 12k
Performance, Variable Bonus & Commissions (months) : None

Benefits (where relevant) :
Health Benefits : None
Transport Benefits : Parking fully subsidised
Flexi Working Hours : Yes, can work remote too.

So far am quite content to what I earn.
starvinder
post Jul 21 2018, 02:23 AM

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From: Johor Bahru



Job Title : Financial Analyst
Job Desciption : Analyzing derivatives and fx
Age : 26
Years spent in company : 1 month
Company : American Investment Bank
Industry : Finance
Tenure : Permanent
Employment Level : Analyst
Experience before joining (years) : 0. Considered a fresh grad
Highest paper qualification/ education background : Masters in Finance. Working on my CFA level 1 now.
Location : Jalan Tun Razak
Average Working Hours Per Week (incl lunch hours): 50+ hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 3800
Performance, Variable Bonus & Commissions (months) : don't know

Benefits (where relevant) :
Health Benefits : Insurance + Medical
Transport Benefits : none
Mobile / Internet / Gadget Benefits : none
Flexi Working Hours : none
Other Benefits : STRESSSSSS AND NO SLEEEEP


darrencjs
post Jul 21 2018, 03:01 AM

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From: Sungai Buloh, Selangor


QUOTE(chengcheekaan @ Feb 14 2018, 09:55 AM)
Job Title : Assistant Project Manager
Job Desciption : Execute contract (project)
Age : 30
Years spent in company : 6years 6months
Company :
Industry : Water Industry (M&E)
Tenure : Permanent
Employment Level : Manager
Experience before joining (years) : 0
Highest paper qualification/ education background : Degree
Location : Shah Alam
Average Working Hours Per Week (incl lunch hours): Office is 8 hours, Site is indefinite

Monetary Payout
Basic Salary + Fixed Allowance : RM8300
Contractual Bonus (months): none
Performance, Variable Bonus & Commissions (months) : 7mths (2017)

Benefits (where relevant) :
Health Benefits : Medical Card
Transport Benefits : Company Car (Honda CRV)
Mobile / Internet / Gadget Benefits : Phone Bill by company
Flexi Working Hours : None
Other Benefits : Boss is quite nice to me
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Very good package, especially variable bonuses.
hashtax
post Jul 21 2018, 02:17 PM

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QUOTE(thebackendguy @ Jul 20 2018, 09:29 PM)
Job Title : Backend Developer (Web and Apps)
Job Desciption : Basically looking at code everyday, bug fixing, troubleshooting, developing new feature.
Age : 29 (going 30 this year)
Years spent in company : 3 months
Company : Startup company
Industry : IT
Tenure : Contract for 1 year
Employment Level : Not sure.
Experience before joining (years) : 7
Highest paper qualification/ education background : Diploma in Computer Science
Location : PJ MY
Average Working Hours Per Week (incl lunch hours): 45+ hours/week

Monetary Payout
Basic Salary + Fixed Allowance : RM 12k
Performance, Variable Bonus & Commissions (months) : None

Benefits (where relevant) :
Health Benefits : None
Transport Benefits : Parking fully subsidised
Flexi Working Hours : Yes, can work remote too.

So far am quite content to what I earn.
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If you dont mind, can you share which programming language/framework your company use? hmm.gif

you got a decent pay from a startup
thebackendguy
post Jul 21 2018, 03:12 PM

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QUOTE(hashtax @ Jul 21 2018, 02:17 PM)
If you dont mind, can you share which programming language/framework your company use? hmm.gif

you got a decent pay from a startup
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We use PHP codeigniter for API and React JS for front end.
It's a startup backed by big company, and they are rushing things. That's why hiring like crazy and willing to pay as long as the person can deliver.
zulfadzlis
post Jul 21 2018, 03:21 PM

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619 posts

Joined: Jun 2009


QUOTE(starvinder @ Jul 21 2018, 02:23 AM)
Job Title : Financial Analyst
Job Desciption : Analyzing derivatives and fx
Age : 26
Years spent in company : 1 month
Company : American Investment Bank
Industry : Finance
Tenure : Permanent
Employment Level : Analyst
Experience before joining (years) : 0. Considered a fresh grad
Highest paper qualification/ education background : Masters in Finance. Working on my CFA level 1 now.
Location : Jalan Tun Razak
Average Working Hours Per Week (incl lunch hours): 50+ hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 3800
Performance, Variable Bonus & Commissions (months) : don't know

Benefits (where relevant) :
Health Benefits : Insurance + Medical
Transport Benefits : none
Mobile / Internet / Gadget Benefits : none
Flexi Working Hours : none
Other Benefits : STRESSSSSS AND NO SLEEEEP
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JP Morgan ? Their pay is that low ?
eddydo
post Jul 21 2018, 03:30 PM

vroom vrooom~
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Joined: Feb 2011


QUOTE(zulfadzlis @ Jul 21 2018, 03:21 PM)
JP Morgan ? Their pay is that low ?
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you're in rap right? mind sharing your package?
starvinder
post Jul 21 2018, 03:39 PM

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From: Johor Bahru



QUOTE(zulfadzlis @ Jul 21 2018, 03:21 PM)
JP Morgan ? Their pay is that low ?
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Yup. What to do, hr said i'm considered a fresh grad despite having masters cry.gif
earshore
post Jul 21 2018, 03:50 PM

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453 posts

Joined: Mar 2015
QUOTE(anak_telur @ Jul 20 2018, 12:53 PM)
Hi guys, can I ask if my payout is OK for my exp and degree?

Job Title : RnD Scientist
Job Desciption : Research on electronic motherboard
Age : 28
Years spent in company : 1 yr
Industry : Engineering
Tenure : Permanent
Experience before joining (years) : 0
Highest paper qualification/ education background : PhD (yes I have 0 working experience before that)
Location : SG
Average Working Hours Per Week (incl lunch hours): Very flexible. Official time stated is 9-6. But usually I log out at 4-ish. ...as long the job is done on time, can leave early.

Monetary Payout:
Basic Salary + Fixed Allowance : SGD 4400 + 13 month bonus
Benefits (where relevant) :
Health Benefits : Paid medical check-up, medical insurance
Transport Benefits : Claimable (eg. Grab etc for official work function)
Mobile / Internet / Gadget Benefits : SGD 100/month
Flexi Working Hours : Yes (<-- the biggest benefit of all?)
Other Benefits : None

I have a feeling I am slightly underpay at the moment. but then,  i have 0 working experience... and this is my first employer.  Opinion?
*
don't tease me with this.
hahaha underpaid.

dude. you are doing alright
earshore
post Jul 21 2018, 03:51 PM

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453 posts

Joined: Mar 2015
QUOTE(starvinder @ Jul 21 2018, 02:23 AM)
Job Title : Financial Analyst
Job Desciption : Analyzing derivatives and fx
Age : 26
Years spent in company : 1 month
Company : American Investment Bank
Industry : Finance
Tenure : Permanent
Employment Level : Analyst
Experience before joining (years) : 0. Considered a fresh grad
Highest paper qualification/ education background : Masters in Finance. Working on my CFA level 1 now.
Location : Jalan Tun Razak
Average Working Hours Per Week (incl lunch hours): 50+ hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 3800
Performance, Variable Bonus & Commissions (months) : don't know

Benefits (where relevant) :
Health Benefits : Insurance + Medical
Transport Benefits : none
Mobile / Internet / Gadget Benefits : none
Flexi Working Hours : none
Other Benefits : STRESSSSSS AND NO SLEEEEP
*
your pay will one day sky rocket, stay with them.
zulfadzlis
post Jul 21 2018, 05:31 PM

On my way
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Senior Member
619 posts

Joined: Jun 2009


QUOTE(starvinder @ Jul 21 2018, 03:39 PM)
Yup. What to do, hr said i'm considered a fresh grad despite having masters  cry.gif
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It's ok bro, once you build your own specific skillsets that is of value to the company, you will see the results. JP Morgan is a great company !
nobody333
post Jul 22 2018, 04:27 AM

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QUOTE(nobody333 @ Jul 15 2018, 03:25 PM)


This post has been edited by nobody333: Oct 12 2018, 11:21 PM
Failed JJ
post Jul 22 2018, 12:51 PM

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142 posts

Joined: May 2014


Job Title : Technical Support
Job Desciption : L1 tech support/troubleshooting
Age : 22
Years spent in company : 3 months
Company : MNC
Industry : IT/BPO
Tenure : Permanent
Experience before joining (years) : 0 (fresh grad)
Highest paper qualification/ education background : Degree in IT
Location : KL
Average Working Hours Per Week (incl lunch hours): 45

Monetary Payout
Basic Salary + Fixed Allowance : RM 3000
Contractual Bonus (months): none
Performance, Variable Bonus & Commissions (months) : monthly KPI bonus (that I will never meet whistling.gif )

Benefits (where relevant) :
Health Benefits : medical insurance, dental coverage
Transport Benefits : none
Mobile / Internet / Gadget Benefits : none
Flexi Working Hours : no
Other Benefits : n/a

Tbh considering I didn't do well in uni, pay is pretty good. Just that this job I still have to come in on public holidays, so yeah rolleyes.gif

This post has been edited by Failed JJ: Jul 22 2018, 12:56 PM

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