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 :

Mainly in RPGLE.

Got small increment in 2020 to 3800. But earlier this year they announced no increment for this year due to all the economy bla bla bla hahaha.. And I planned to find a new job early next year suddenly got Salary adjustment 

Job Title : Consultant
Job Description : Deploy SaaS products for customer
Age :32
Years spent in company : 1 week
Company : US MNC
Industry : Tech - Software consulting
Tenure : Permanent
Employment Level : Experienced hire
Experience before joining (years) : 4.5 years in Consulting + 3.5 years in hotel
Highest paper qualification/ education background : Degree in Hospitality
Location : Kuala Lumpur
Average Working Hours Per Week (incl lunch hours): 40 (project dependent, really)

Monetary Payout
Basic Salary + Fixed Allowance : RM 10,000
Contractual Bonus: 15% of annual salary
Performance, Variable Bonus & Commissions (months) : n/a

Benefits (where relevant) :
Health Benefits : Insurance + Medical (limit 4k USD, global policy)
Transport Benefits : Travel & expenses covered when traveling for projects.
Mobile / Internet / Gadget Benefits : Work laptop and other peripherals, claimable internet
Flexi Working Hours : Yes, when not rushing for project timeline. Doesn't matter what time you start or finish as long as task completed. Permanently WFH.
Other Benefits : Claimable medical check up+ eye exam+ glasses, free LinkedIn Learning subscription

Just started a new job. Recently only felt that I'm 'qualified' to post here, since everyone seems to be high earner here. 

I studied hospitality - shit degree, realized too late and my fresh grad salary is 1.9k 
Landed software consulting role due to the tech company is hiring for the consultant role for the product that my hotel was using. However I'm also underpaid for years in that tech company before jumping twice to this current job.

It is in his last paragraph.

Update:

Job Title : VP of HR
Job Desciption : Heading the Rewards team
Years spent in company : new
Company : - Int Bank
Industry : Banking
Employment Level : permanent
Experience before joining (years) : 9
Monetary Payout
Basic Salary + Fixed Allowance : RM40,000
Contractual Bonus (months): non
Performance, Variable Bonus & Commissions (months) : average 4 mths, normally 3-4+

Benefits (where relevant) :
Health Benefits : 8k med, annual medical checkup
Transport Benefits : car allowance, parking, travel claims
Mobile / Internet / Gadget Benefits : 200 p/m
Other Benefits : normal bank benefits

Yes, have been offered C-level roles but I don't think I'm suited or keen on a broader management role as the skillsets required are much different than a functional head.

However, given I am kinda pricing myself out of the market, this is likely the only move I will have if I want to progress, pay wise.

Honestly, scarcity of talent, especially for these positions.

Bear in mind, I am not even the highest paid around, so I am considered relatively cheap vs some of my other peers.

I guess it depends, I know that in one of the previous banks that I have worked at, 40k and above is usually at the GM level regardless of whether you are in the profit centre or support role (e.g. compliance, risk, finance, etc..etc..).

No, they aren't C-Suite. Most of them report to Heads of Departments who then report to the C-Suites. Each GM basically manage a function below them whilst the Heads of Departments manage the GMs.

Oh i am not guessing, I know for a fact that their pay is between RM40k-RM50k. HOD's tend to get about 60-100k whilst C-Levels compensation is in the millions depending on their function which is a mix of equity as well. C-Levels all have 2-4 year contracts.

i'm surprised with the range too. The hod i know from oversea bank, hold HOD position (ED title) he/she is earning 25k per month approx, excluding performance bonus.

As for local bank IT HOD that I know, he is earning about 20k approx. SVP title.

One holding retail secured/non secured loan , another holding channel department. So probably you are right, senior HODs

No wonder there is such a high turnaround for IT especially within the banking industry. My ex-colleagues who were mid level managers already with a VP title were already earning 20k onwards. Some of them had no direct reports and just individual contributors.

I assume your ex-colleagues are/were from business or revenue generating department? The SVP/ED who I mentioned above, she is leading nationwide branch managers. Probably my network isn't strong enough, the Ops and IT within my circle who are in banking, they are not earning that much. And bonus is around 3 months or less. Another close circle who I know, he is local bank head of it security drawing around 20k too, VP title.

So when you guys talking about a HOD can potentially draw up to 100k, it is a big eye opener to me 

No, they were under the support function (non-revenue generating) within the Chief Strategy Officer's purview of teams focusing on digital initiatives.

I am surprised as well as I was recently hiring a full stack engineer and most of them were already commanding RM18k salary and their expectation was at least RM20k and my budget at the time was only RM15k     

I ended up hiring a contractor instead for RM15k a month as it is cheaper for the company as we don't need to cover medical, EPF, etc..etc..

Edit: sharing some job postings online that offered up to RM20k for full stack and data engineers   
https://my.hiredly.com/jobs/jobs-malaysia-h...b-data-engineer
https://my.hiredly.com/jobs/jobs-malaysia-t...stack-developer

Which i think is the issue and why many are jumping ship and joining tech companies and startups who offer higher salaries. I definitely do see HoDs in the couple of banks that I have been on the higher scale of salary but these are long term vested bankers, been in the firm for >20 years type. There are also exceptions where the HODs were hired from overseas and I knew one who made about RM3mil per annum (because needed to top what the person made overseas with the exchange rate and all).

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

To be frank, the company with the new opportunity seems like having a lot of bad reviews online. My concern would be if I accept the new opportunity, of course the pay is higher but I don't want to jump out of the frying pan and into the fire if you know what I mean.
It seems like current company seems to be more stable and better than the new company.