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 Let's Talk Salary v8, Sharing Thread

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mrtiny
post Sep 14 2018, 05:21 PM

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i see nowdays youngsters get paid very high. 3k above. im into 30s now. still gaji 3k liao. So sad. What to do. cry.gif
cringe
post Sep 14 2018, 07:07 PM

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QUOTE(mrtiny @ Sep 14 2018, 05:21 PM)
i see nowdays youngsters get paid very high. 3k above. im into 30s now. still gaji 3k liao. So sad. What to do. cry.gif
*
May I know what kind of job you are doing right now?
mrtiny
post Sep 14 2018, 07:38 PM

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QUOTE(cringe @ Sep 14 2018, 07:07 PM)
May I know what kind of job you are doing right now?
*
im doing finance. been like 4 years experience now. can i find a higher salary?
cringe
post Sep 14 2018, 08:04 PM

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From: Klang, Selangor

QUOTE(mrtiny @ Sep 14 2018, 07:38 PM)
im doing finance. been like 4 years experience now. can i find a higher salary?
*
Jump to another company i guess if u want to demand for higher salary
d4rk_m4n
post Sep 14 2018, 11:53 PM

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Job Title : System Engineer
Job Desciption : Develop n debug industrial system
Age : 26
Years spent in company : 1
Company : MNC
Industry : Vendor & Service
Tenure : Permenant
Employment Level : Engineer
Experience before joining (years) : 0
Highest paper qualification/ education background : Degree
Location : East Coast
Average Working Hours Per Week (incl lunch hours): Normal 8to5

Monetary Payout
Basic Salary + Fixed Allowance : RM2400 nett (after epf socso etc2)
Contractual Bonus (months): 1 mths (13 month)
Performance, Variable Bonus & Commissions (months) : last year not more than 1mth. Sad.

Benefits (where relevant) :
Health Benefits : Up to rm30k
Transport Benefits : 80sen per KM
Mobile / Internet / Gadget Benefits : rm100
Flexi Working Hours : no
Other Benefits : dental 200,ppe 200

Am I underpaid?

Work life balance is really good. No stress whatsoever.
Boss is great.
coolguy99
post Sep 15 2018, 12:57 AM

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QUOTE(cringe @ Sep 14 2018, 08:04 PM)
Jump to another company i guess if u want to demand for higher salary
*
Agree the only way to get higher salary is to jump. No other way.
contestchris
post Sep 15 2018, 01:03 PM

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QUOTE(mrtiny @ Sep 14 2018, 07:38 PM)
im doing finance. been like 4 years experience now. can i find a higher salary?
*
You need to jump bro. Finance in the early years, every one or two years...jump jump jump!!!

But make sure you have some competencies lah and understand the bigger picture of what you're doing (example, understand your industry be it commercial banking, investment banking, asset management, insurance etc).

I also start at a "standard" RM2.8k when I was aged 23. Then within a year later I got a job that paid >30% higher. But I really do have a passion for what I do and am able to see things on a bigger picture. So that definitely helped in getting something better for myself.

If I waited a few months I probably could get a near 50% jump but the company I joined is so amazing and I'm sure whatever I learn here will be of great help.
mrtiny
post Sep 15 2018, 02:03 PM

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QUOTE(contestchris @ Sep 15 2018, 01:03 PM)
You need to jump bro. Finance in the early years, every one or two years...jump jump jump!!!

But make sure you have some competencies lah and understand the bigger picture of what you're doing (example, understand your industry be it commercial banking, investment banking, asset management, insurance etc).

I also start at a "standard" RM2.8k when I was aged 23. Then within a year later I got a job that paid >30% higher. But I really do have a passion for what I do and am able to see things on a bigger picture. So that definitely helped in getting something better for myself.

If I waited a few months I probably could get a near 50% jump but the company I joined is so amazing and I'm sure whatever I learn here will be of great help.
*
tq so much bro. only that ive been doing so simple finance a.k.a receivables. no reporting or anything. no cashflows nothing. how do i jump into the next level?
ketupatlazat
post Sep 17 2018, 11:04 AM

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QUOTE(mrtiny @ Sep 15 2018, 02:03 PM)
tq so much bro. only that ive been doing so simple finance a.k.a receivables. no reporting or anything. no cashflows nothing. how do i jump into the next level?
*
Try taking professional certs like ACCA? Its a long journey tho cuz of the sheer amt of papers n exams.
North python
post Sep 17 2018, 07:42 PM

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Joined: Sep 2018

Job Title : engineer
Job Desciption : graduate program
Age : 24
Years spent in company : 0
Company : mnc
Industry : Elevator
Tenure : Permanent
Employment Level :
Experience before joining (years) : 0 no internship
Highest paper qualification/ education background : Degree
Location : Klang valley
Average Working Hours Per Week (incl lunch hours): 40 hours

Monetary Payout
Basic Salary + Fixed Allowance : 3500
Contractual Bonus (months):
Performance, Variable Bonus & Commissions (months) :
Benefits (where relevant) :
Health Benefits : Medical & Life insurance
Transport Benefits : 300/mo
Mobile / Internet / Gadget Benefits :
Flexi Working Hours : yes
Other Benefits : Epf 16%

I just accepted this offer hence I decline interviews for technology analyst with Delloite consulting and graduate engineer with Technip.
Hope i made a good decision.

Anyone know the prospect for engineer in elevator industry?
budakbarula
post Sep 17 2018, 10:04 PM

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QUOTE(North python @ Sep 17 2018, 08:42 PM)
Job Title : engineer
Job Desciption : graduate program
Age : 24
Years spent in company : 0
Company : mnc
Industry : Elevator
Tenure : Permanent
Employment Level :
Experience before joining (years) : 0 no internship
Highest paper qualification/ education background : Degree
Location : Klang valley
Average Working Hours Per Week (incl lunch hours): 40 hours

Monetary Payout
Basic Salary + Fixed Allowance : 3500
Contractual Bonus (months):
Performance, Variable Bonus & Commissions (months) :
Benefits (where relevant) :
Health Benefits : Medical & Life insurance
Transport Benefits : 300/mo
Mobile / Internet / Gadget Benefits :
Flexi Working Hours : yes
Other Benefits : Epf 16%

I just accepted this offer hence I decline interviews for technology analyst with Delloite consulting and graduate engineer with Technip.
Hope i made a good decision.

Anyone know the prospect for engineer in elevator industry?
*
What is the offered salary from Technip?
coolguy99
post Sep 18 2018, 09:36 AM

Look at all my stars!!
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Joined: Aug 2015



QUOTE(North python @ Sep 17 2018, 07:42 PM)
Job Title : engineer
Job Desciption : graduate program
Age : 24
Years spent in company : 0
Company : mnc
Industry : Elevator
Tenure : Permanent
Employment Level :
Experience before joining (years) : 0 no internship
Highest paper qualification/ education background : Degree
Location : Klang valley
Average Working Hours Per Week (incl lunch hours): 40 hours

Monetary Payout
Basic Salary + Fixed Allowance : 3500
Contractual Bonus (months):
Performance, Variable Bonus & Commissions (months) :
Benefits (where relevant) :
Health Benefits : Medical & Life insurance
Transport Benefits : 300/mo
Mobile / Internet / Gadget Benefits :
Flexi Working Hours : yes
Other Benefits : Epf 16%

I just accepted this offer hence I decline interviews for technology analyst with Delloite consulting and graduate engineer with Technip.
Hope i made a good decision.

Anyone know the prospect for engineer in elevator industry?
*
Wow 16% epf which company is this? I didn’t know there are companies that offers this other than banks.

leon898
post Sep 18 2018, 11:07 AM

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QUOTE(mrtiny @ Sep 14 2018, 05:21 PM)
i see nowdays youngsters get paid very high. 3k above. im into 30s now. still gaji 3k liao. So sad. What to do. cry.gif
*
don't feel down bro.
based on the stat, the median salary is only RM2,260....

either the record is lying, or the forumer is lying whistling.gif

mrtiny
post Sep 18 2018, 11:58 AM

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QUOTE(leon898 @ Sep 18 2018, 11:07 AM)
don't feel down bro.
based on the stat, the median salary is only RM2,260....

either the record is lying, or the forumer is lying whistling.gif
*
i see. either way i have my wife salary which is same as mine. eventhough she is 4 years younger. plus my friends at work whos 4 5 years younger same as mine too hahahha. oh man. but i am thankful anyway. thumbsup.gif
palai85
post Sep 18 2018, 02:18 PM

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QUOTE(mrtiny @ Sep 18 2018, 11:58 AM)
i see. either way i have my wife salary which is same as mine. eventhough she is 4 years younger. plus my friends at work whos 4 5 years younger same as mine too hahahha. oh man. but i am thankful anyway. thumbsup.gif
*
good to know you're thankful, sometimes money is not everything in life....it is certainly important but doesn't mean those who earn more will be happier than the ones who earn less, as you get paid more, work pressure, responsibility and expectations increases as well (in most cases)

if you feel what you earn is not enough to sustain your lifestyle, take up courses, increase your knowledge and skills, keep your profiles on linkedin updated, look out for job opportunities and eventually you will find what you are looking for

sometimes many of us get too comfortable with where we are, there is nothing wrong with that, it depends on personal preference

if you wish to grow, keep improving yourself, keep learning and keep looking out

if you are happy with what you have then thats good for you smile.gif

most importantly, don't compare yourself with others (at least try not to), every one has different qualities and goals in life smile.gif

GAME_ON
post Sep 18 2018, 02:36 PM

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Joined: Jan 2012
From: Ex- iRo Player (Chaos Server)



QUOTE(mrtiny @ Sep 14 2018, 07:38 PM)
im doing finance. been like 4 years experience now. can i find a higher salary?
*
its time to jump to another company bro
mrtiny
post Sep 18 2018, 03:10 PM

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Joined: Sep 2018


QUOTE(palai85 @ Sep 18 2018, 02:18 PM)
good to know you're thankful, sometimes money is not everything in life....it is certainly important but doesn't mean those who earn more will be happier than the ones who earn less, as you get paid more, work pressure, responsibility and expectations increases as well (in most cases)

if you feel what you earn is not enough to sustain your lifestyle, take up courses, increase your knowledge and skills, keep your profiles on linkedin updated, look out for job opportunities and eventually you will find what you are looking for

sometimes many of us get too comfortable with where we are, there is nothing wrong with that, it depends on personal preference

if you wish to grow, keep improving yourself, keep learning and keep looking out

if you are happy with what you have then thats good for you smile.gif

most importantly, don't compare yourself with others (at least try not to), every one has different qualities and goals in life smile.gif
*
tq tq for the reminder. huhu. glad to hear this. thumbsup.gif
louzie
post Sep 18 2018, 03:15 PM

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Whats with youngster nowadays , starting salary all so dang high one?!?!
AOL24
post Sep 18 2018, 04:04 PM

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QUOTE(louzie @ Sep 18 2018, 03:15 PM)
Whats with youngster nowadays , starting salary all so dang high one?!?!
*
I know fresh graduates that earn RM 9,000 as an employee (did not inherit a business/ not well connected aka crony/ working at a company, just went into the right sector).

And when you say high, keep in mind your perspective and social circle. There's no limit to your earning potential, only how you can make yourself valuable to a company.

EDIT:

They are working locally in Malaysia and being paid in Ringgit, not converting from other currencies to MYR

This post has been edited by AOL24: Sep 18 2018, 04:05 PM
party
post Sep 18 2018, 10:36 PM

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QUOTE(louzie @ Sep 18 2018, 03:15 PM)
Whats with youngster nowadays , starting salary all so dang high one?!?!
*
Usually the lower earning will not post their salary. Also, there are some who inflated their figure. After all, this is forum not LHDN declaration.

That all said, they are some genuine who earn that high but those are usually high flyer even when they are in school (exclude sales industry).

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