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 Let's Talk Salary v8, Sharing Thread

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Kelangketerusa
post Jan 9 2022, 07:36 PM

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QUOTE(flying_manatee @ Jan 8 2022, 07:38 PM)
Holy moly your salary rise is really meteoric. You did it via job changes or promotion? Really wish I could get onto that kinda path
*
Job change. I honestly don't think staying in one company serves your career well unless you really really like whatever you are.


flying_manatee
post Jan 9 2022, 11:02 PM

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QUOTE(Kelangketerusa @ Jan 9 2022, 07:36 PM)
Job change. I honestly don't think staying in one company serves your career well unless you really really like whatever you are.
*
Oh wow yeaa I guess I have to try that path too. Thanks for the advice!
Kelangketerusa
post Jan 10 2022, 03:17 PM

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QUOTE(flying_manatee @ Jan 9 2022, 11:02 PM)
Oh wow yeaa I guess I have to try that path too. Thanks for the advice!
*
Check your value every so often, you might be surprised.
rexus
post Jan 10 2022, 05:09 PM

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614 posts

Joined: Aug 2008


Job Title : Associate
Job Description : Lawyer
Age : 27
Years spent in company : 4
Company : Law Firm
Industry : Legal
Tenure : Contract
Employment Level : Junior
Experience before joining (years) : 0
Highest paper qualification/ education background : Professional Qualification
Location : KL
Average Working Hours Per Week (incl lunch hours): 60

Monetary Payout
Basic Salary + Fixed Allowance : RM 6,550
Contractual Bonus (months): 0
Performance, Variable Bonus & Commissions (months) : 2-4 months depending on your KPI

Benefits (where relevant)
Health Benefits : Medical, Dental
Transport Benefits : Parking
Mobile / Internet / Gadget Benefits : RM50 handphone allowance

Just a record.
BravoZeroTwo
post Jan 10 2022, 05:50 PM

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1,128 posts

Joined: Jul 2012
QUOTE(rexus @ Jan 10 2022, 06:09 PM)
Job Title : Associate
Job Description : Lawyer
Age : 27
Years spent in company : 4
Company : Law Firm
Industry : Legal
Tenure : Contract
Employment Level : Junior
Experience before joining (years) : 0
Highest paper qualification/ education background : Professional Qualification
Location : KL
Average Working Hours Per Week (incl lunch hours): 60

Monetary Payout
Basic Salary + Fixed Allowance : RM 6,550
Contractual Bonus (months): 0
Performance, Variable Bonus & Commissions (months) : 2-4 months depending on your KPI

Benefits (where relevant) 
Health Benefits : Medical, Dental
Transport Benefits : Parking
Mobile / Internet / Gadget Benefits : RM50 handphone allowance

Just a record.
*
Area of practice ?
rexus
post Jan 10 2022, 06:01 PM

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QUOTE(BravoZeroTwo @ Jan 10 2022, 05:50 PM)
Area of practice ?
*
General Lit
BravoZeroTwo
post Jan 11 2022, 05:17 PM

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QUOTE(rexus @ Jan 10 2022, 07:01 PM)
General Lit
*
Thanks.
NotCooll
post Jan 18 2022, 01:31 AM

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QUOTE(rexus @ Jan 10 2022, 05:09 PM)
Job Title : Associate
Job Description : Lawyer
Age : 27
Years spent in company : 4
Company : Law Firm
Industry : Legal
Tenure : Contract
Employment Level : Junior
Experience before joining (years) : 0
Highest paper qualification/ education background : Professional Qualification
Location : KL
Average Working Hours Per Week (incl lunch hours): 60

Monetary Payout
Basic Salary + Fixed Allowance : RM 6,550
Contractual Bonus (months): 0
Performance, Variable Bonus & Commissions (months) : 2-4 months depending on your KPI

Benefits (where relevant) 
Health Benefits : Medical, Dental
Transport Benefits : Parking
Mobile / Internet / Gadget Benefits : RM50 handphone allowance

Just a record.
*
High chances of onverting to permanent? Or this is by choice bro? Any risk or not being under a contract tenure?
rexus
post Jan 18 2022, 08:27 AM

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QUOTE(NotCooll @ Jan 18 2022, 01:31 AM)
High chances of onverting to permanent? Or this is by choice bro? Any risk or not being under a contract tenure?
*
It's just how this firm works that positions are given out by contract. Normally an annual contract and sometimes some may have a 2 years contract.

During my time here there were 2 of them not getting their contract renewed. I guess this will be the biggest risk but it does not happen that often and hopefully enough notice is given before a decision is made.
sieghart7990 P
post Jan 18 2022, 09:27 AM

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Joined: Jan 2022
Hi guys, i dont see much posts from FMCG industry, please do share if any...

Below is my current job:

Job Title : Commercial Finance Manager
Job Description : Manage company P&L and Budget
Age : 32
Years spent in company : 2
Company : Manufacturing
Industry : FMCG
Tenure : Permanent
Employment Level : Senior
Experience before joining (years) : 8
Highest paper qualification/ education background : Currently pursuing Professional Qualification
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 60

Monetary Payout
Basic Salary + Fixed Allowance : RM 13,050
Contractual Bonus (months): 1
Performance, Variable Bonus & Commissions (months) : 2-4 months depending on company performance

Benefits (where relevant)
Health Benefits : Medical, Dental
Benefit-in-kind : Monthly free products worth RM500
Mobile / Internet / Gadget Benefits : RM50 handphone allowance

BravoZeroTwo
post Jan 18 2022, 10:35 PM

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Joined: Jul 2012
QUOTE(rexus @ Jan 18 2022, 09:27 AM)
It's just how this firm works that positions are given out by contract. Normally an annual contract and sometimes some may have a 2 years contract.

During my time here there were 2 of them not getting their contract renewed. I guess this will be the biggest risk but it does not happen that often and hopefully enough notice is given before a decision is made.
*
What is the size of your firm?
rexus
post Jan 18 2022, 10:45 PM

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Joined: Aug 2008


QUOTE(BravoZeroTwo @ Jan 18 2022, 10:35 PM)
What is the size of your firm?
*
In terms of number of lawyers it is within the top 10 in the country.
BravoZeroTwo
post Jan 20 2022, 11:33 AM

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Joined: Jul 2012
QUOTE(rexus @ Jan 18 2022, 11:45 PM)
In terms of number of lawyers it is within the top 10 in the country.
*
It will be interesting to know who are the top 10 legal firms in this country for future lawyers' knowledge. Just like other sectors but hardly mentioned about legal firms.
rexus
post Jan 20 2022, 11:42 AM

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Junior Member
614 posts

Joined: Aug 2008


QUOTE(BravoZeroTwo @ Jan 20 2022, 11:33 AM)
It will be interesting to know who are the top 10 legal firms in this country for future lawyers' knowledge. Just like other sectors but hardly mentioned about legal firms.
*
The top 10 I have in mind is in terms of number of lawyers.

I got it from here

Size of firm does not always correspond with the capabilities though.
BravoZeroTwo
post Jan 20 2022, 11:43 AM

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Senior Member
1,128 posts

Joined: Jul 2012
QUOTE(rexus @ Jan 20 2022, 12:42 PM)
The top 10 I have in mind is in terms of number of lawyers.

I got it from here

Size of firm does not always correspond with the capabilities though.
*
Thanks, rexus for sharing. Cheers.
TSDoomCognition
post Jan 23 2022, 01:24 PM

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Junior Member
737 posts

Joined: Nov 2010


QUOTE(sieghart7990 @ Jan 18 2022, 09:27 AM)
Hi guys, i dont see much posts from FMCG industry, please do share if any...

Below is my current job:

Job Title : Commercial Finance Manager
Job Description : Manage company P&L and Budget
Age : 32
Years spent in company : 2
Company : Manufacturing
Industry : FMCG
Tenure : Permanent
Employment Level : Senior
Experience before joining (years) : 8
Highest paper qualification/ education background : Currently pursuing Professional Qualification
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 60

Monetary Payout
Basic Salary + Fixed Allowance : RM 13,050
Contractual Bonus (months): 1
Performance, Variable Bonus & Commissions (months) : 2-4 months depending on company performance

Benefits (where relevant)
Health Benefits : Medical, Dental
Benefit-in-kind : Monthly free products worth RM500
Mobile / Internet / Gadget Benefits : RM50 handphone allowance
*
Are you the financial controller? Or do you report to FC?
sieghart7990 P
post Jan 26 2022, 08:34 PM

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Joined: Jan 2022
QUOTE(DoomCognition @ Jan 23 2022, 01:24 PM)
Are you the financial controller? Or do you report to FC?
*
I report to Head of Commercial Finance.. you can say it's a peer to FC but focused on business side of things

sieghart7990 P
post Jan 26 2022, 08:35 PM

New Member
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Probation
3 posts

Joined: Jan 2022
QUOTE(sieghart7990 @ Jan 26 2022, 08:34 PM)
I report to Head of Commercial Finance.. you can say it's a peer to FC but focused on business side of things
*
Sorry i meant the HOD is a peer to the FC
Dembeee P
post Jan 27 2022, 04:33 PM

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Joined: Sep 2019
QUOTE(Dembeee @ Nov 16 2021, 09:25 AM)
My update after 2 years

Job Title : System Developer
Job Desciption : Maintain/enhance system based on client's requirements
Age : 26
Years spent in company : 3.5 Years
Company : Local Company
Industry : IT
Tenure : Permanent
Experience before joining (years) : 0
Highest paper qualification/ education background : degree
Location : KL/PJ
Average Working Hours Per Week (incl lunch hours): 42.5

Monetary Payout
Basic Salary + Fixed Allowance :  RM5600
Contractual Bonus (months): -
Performance, Variable Bonus & Commissions (months) : -

Benefits (where relevant) :
Health Benefits : RM 2000/Year Medical/dental . Insurance RM40k/year
Transport Benefits :
Mobile / Internet / Gadget Benefits : -
Flexi Working Hours : -
Other Benefits :
*
I just got a job offer RM7500.
Working on pretty much the same thing. But I am considering to decline the offer due to I am comfortable working with current co, and there is a lot more to learn. What do you guys think? Should i take the risk and jump?
Kelangketerusa
post Jan 27 2022, 04:38 PM

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Joined: Aug 2017
QUOTE(Dembeee @ Jan 27 2022, 04:33 PM)
I just got a job offer RM7500.
Working on pretty much the same thing. But I am considering to decline the offer due to I am comfortable working with current co, and there is a lot more to learn. What do you guys think? Should i take the risk and jump?
*
Nothing wrong with staying if you enjoy your company, perhaps you can use this offer and get a counter as well. But bear in mind, you are likely losing out on a pretty healthy salary bump.

Whether its worth it will depend on how you view the current vs new company.

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