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 Let's Talk Salary v8, Sharing Thread

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GoSouth
post May 24 2018, 10:34 PM

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Junior Member
31 posts

Joined: Apr 2018
Job Title : Engagement Manager / Project Leader
Job Description : Lead, manage and deliver strategic assignments
Age : 28
Years spent in company : 1
Company : MNC
Industry : Consulting
Tenure : Permanent
Employment Level : Manager
Experience before joining (years) : 6
Highest paper qualification/ education background : Bachelors
Location : SG
Average Working Hours Per Week (incl lunch hours): 40 hours a week, but typically will go up to 50-60 hrs

Monetary Payout
Basic Salary + Fixed Allowance : RM 40k+ (converted from USD)
Contractual Bonus (months): N/A
Performance, Variable Bonus & Commissions (months) : 10% of annual
Benefits (where relevant) :
Health Benefits : Life insurance, full medical coverage including family
Transport Benefits : none
Mobile / Internet / Gadget Benefits : iphone 8 with mobile line
Flexi Working Hours : yes
Other Benefits : Relocation, business travel, training, plenty of leaves.

This post has been edited by GoSouth: May 24 2018, 10:42 PM
GoSouth
post Aug 23 2018, 08:59 AM

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Joined: Apr 2018
QUOTE(Morales @ Aug 22 2018, 09:39 AM)
I get that its a risk to share your salary. I too was in that situation. HR informed me that how they will know if I am not lying about my current salary. I could have mentioned a slightly higher pay than what i am getting now in order to bargain for higher salary in the new company.

I told them anyways. But in reality how do we solve in these situation?

Do we state or not? Or maybe state the range and not the exact figures?
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My current company did a very thorough background check on me (employment history for the past 10 years) which I was told to prepare all the contracts offered, payslips, HR contact in those firms etc. I had sleepless nights as I myself couldn't verify all the information provided considering they were dated so long ago!

I think it would be okay to negotiate by saying "i am expecting a raise / a promotion of XX% by end of XX and I would expect the salary offered to be in the same range" however, do it only when you really have something on board and avoid the potential company of using that against you in the future (e.g. performance etc).

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