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 Let's Talk Salary v8, Sharing Thread

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Helpmeplis
post Mar 17 2019, 01:40 AM

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Joined: Nov 2018
~Posting this on behalf of my BF~

Job title : Field Engineer in O&G company
Age : 26
Salary : RM20-25k (Fixed + Allowance)
Years spent in company : 2
Industry : O&G
Employment Level : Executive
Experience before joining (years) : 2
Highest paper qualification/ education background : Degree
Location : South East Asia ( Involves a lot of travelling)
Average Working Hours Per Week : depends but mostly 12 hours a day.

This post has been edited by Helpmeplis: Mar 17 2019, 01:41 AM
Helpmeplis
post Mar 19 2019, 12:53 PM

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Joined: Nov 2018
QUOTE(ayamxxx @ Mar 17 2019, 01:03 PM)
Still survive in current oil n gas industry with that figure?
Most of my clients staff with high figure salary all lose job since 2015 onwards. Last time the Murphy paid almost 1.2k usd per day offshore here in kikeh field, sabah water.

Rest only on average salary.
*
My BF told me that some of his peers are actually getting paid multiple times higher than him. He is one of the average ones in the field. While the rates have yet to pick up like good old days, but there are still opportunities out there.
Helpmeplis
post Jun 5 2019, 09:51 AM

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Joined: Nov 2018
QUOTE(UrbanGraduate @ Jun 4 2019, 11:55 PM)
Hi everyone, Selamat Hari Raya to everyone in this forum!

Job Title: Graduate Management Associate
Job Description: Rotational Basis
Age: 24
Years spent in company: Received offer, 0 at the moment
Company: International Bank
Tenure: Permanent
Employment Level: Executive
Experience before joining: Interned in a Big 4 under their advisory service line, servicing financial services & banking clients & a group finance role at a local GLC holding in Damansara.
Highest paper qualification/ education background: Bachelor's degree (hons.), majoring in Accountancy
Location: Kuala Lumpur
Average Working Hours Per Week (incl lunch hours): in paper, 9am-6pm (Seniors in the program stated that you may be working late eg: 11pm in origination, DCM)

Monetary Payout
Basic Salary + Fixed Allowance: 5k+
Performance, Variable Bonus & Commissions (months): HR to explain on On-boarding

Benefits (where relevant) :
Health Benefits: Annual Group Insurance, immediate family covered, free health checkups and dentals at panel clinics
Transport Benefits: Claimable if outstation
Food/Entertainment: Claimable if outstation
Mobile / Internet / Gadget Benefits : Laptop provided
Flexi Working Hours: Rotation-Dependent
Other Benefits: Better tier credit cards (with full waivers incl for SST), preferential staff rate for personal loans, mortgage and auto finance, gym, employer sponsored PRS scheme (with portfolio options), standard annual leave, volunteer hours is convertible to leave days, MC cost & certification/online learning reimbursement.
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My BF started his career in a foreign investment bank with a starting pay of RM4.5k but he never truly enjoyed it. He graduated as a mechanical engineer but ended up working in an investment bank (not his first choice as he doesn't know where to go after graduation) . The working hours are really long some days ( he slept in office couple of times). He had manage few IPO's at the same time.

After working there for 3 months, he quits his job and got himself into O&G. 2 years into the job, he now makes RM20-25K a month. Until, now he mentions that people who works in an investment bank really need strong mental & discipline. He told me that he will rather spend weeks in offshore than working in an investment bank.

That said, hats off to you & stay strong ! The hours can really long most days .

Helpmeplis
post Apr 29 2021, 12:29 PM

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Joined: Nov 2018
*Deleted*

This post has been edited by Helpmeplis: Jun 17 2021, 01:48 PM
Helpmeplis
post Apr 30 2021, 05:28 PM

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Joined: Nov 2018
*Deleted*

This post has been edited by Helpmeplis: Jun 17 2021, 01:48 PM
Helpmeplis
post May 6 2021, 01:41 AM

Getting Started
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Junior Member
166 posts

Joined: Nov 2018
QUOTE(kellyisevil @ May 5 2021, 03:29 PM)
Hi guys, its me again.
I really couldnt stand my job because there really isn't much to learn.
Super comfortable job. Feel like i am constantly being overworked for nothing, there are days where i dont really know what to do.
To add, the environment is quite toxic.
Overworked but under-utilised if that make sense. Basically alot of my "task" can be assigned to intern, but they refuse to hire.
So i was basically an overpaid intern lol
I decided to resign 2 weeks ago without a job offer.
#funemployement

I left because i don't want to come out to the job market 2 years from now and have no value.
Demand and requirements for the job market changes so quickly every year.
I want to use my late 20 to plant seed and grow!!

Anyway, in talk with a few company right, but i really dont want to rush into things.
I want my next 3 years to be exciting and full of learning curve.
*
Honestly I am quite impressed with your achiements. I must say, you must a top performer in your career for you arrive to this point. Anyways, congrats & good luck with your job search !

Helpmeplis
post May 11 2021, 10:43 PM

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Joined: Nov 2018
QUOTE(ZZMsia @ May 11 2021, 08:52 AM)
That's a very good package considering your age!
How long you been working thr?
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Hi, I noticed that you are very active in O&G thread. So, perhaps I can't divulge too much in public forum haha.

I actually just recently started my position here.
Helpmeplis
post May 29 2021, 01:06 AM

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Joined: Nov 2018
QUOTE(1wildcat1 @ May 28 2021, 11:18 AM)
Updated for 2021 with FY20 bonus

Job Title : Associate Consultant
Job Desciption : Strategy
Age : 25
Years spent in company : <1 year
Company : -
Industry : Management Consulting
Tenure : Permanent
Employment Level : Associate
Experience before joining (years) : 1-ish
Highest paper qualification/ education background : Bach Degree
Location : KL, Malaysia
Average Working Hours Per Week (incl lunch hours): 40-50

Monetary Payout
Basic Salary + Fixed Allowance : RM12400
Contractual Bonus (months):
Performance, Variable Bonus & Commissions (months) : 0.7 months last year (pro rated for 0.5 years)

Benefits (where relevant) : Full life and medical insurance, 7 figures annual limit
Health Benefits : Medical fully covered
Transport Benefits : Parking reimbursement
Mobile / Internet / Gadget Benefits : Company iPhone
Flexi Working Hours :
Other Benefits : Fully WFH until travel needed again.
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Congrats 👏

Within your sector, who are your biggest clients ? I heard that most consultants are on project basis, so if there is no new project then they all have to pack up. Is this true ?


Helpmeplis
post Jun 7 2021, 09:51 PM

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Joined: Nov 2018
*Deleted*

This post has been edited by Helpmeplis: Jun 17 2021, 01:50 PM
Helpmeplis
post Jun 9 2021, 12:28 PM

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QUOTE(KTCY @ Jun 9 2021, 12:20 AM)
AT Kearney ?
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I thought the same as well. I got a friend there working as an associate & the pay is also similar
Helpmeplis
post Jun 9 2021, 06:16 PM

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Joined: Nov 2018
*Deleted*

This post has been edited by Helpmeplis: Jun 17 2021, 01:51 PM
Helpmeplis
post Jul 16 2021, 02:36 PM

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Junior Member
166 posts

Joined: Nov 2018
QUOTE(Pugface @ Jul 15 2021, 03:43 PM)
when i created account at 2014, i saw this thread and had a vision to just 14th floor

7 years later i came back with better achievement and see ppl significantly younger than me earning even higher

there is no winning this thread

edited: spelling
*
Lololol


Helpmeplis
post Jul 20 2021, 08:43 PM

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Joined: Nov 2018
QUOTE(Avenger_2012 @ Jul 20 2021, 07:35 PM)
Job Title : Engineering Specialist
Job Description :  Subject matter expert of oilfield, review programs, contract holder.
Age : 33
Years spent in company : 2
Industry : Oil and Gas
Tenure : Permanent
Employment Level : Manager/Technical Expert
Experience before joining (years) : 7
Highest paper qualification/ education background: bachelor degree
Location : KL
Average Working Hours Per Week (incl lunch hours): 40 -45 hours

Monetary Payout
Basic Salary : RM 34,000 per month
Contractual Bonus (months): Yes
Performance, Variable Bonus & Commissions (months) : No

Benefits (where relevant) :
Health Benefits : Medical card
Flexi Working Hours : Currently WFH
*
Are you working in the service company side ?
SLB/ Halliburton/ Baker Hughes/ Weatherford ?


Helpmeplis
post Jul 20 2021, 10:34 PM

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Joined: Nov 2018
QUOTE(Avenger_2012 @ Jul 20 2021, 10:31 PM)
Used to work in service company, now I’m working for an operator.
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SME in wells Petronas is it ?

If so, you must the youngest SME in wells ! I know most of the SME's in wells Petronas.
Helpmeplis
post Jul 26 2021, 06:44 PM

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166 posts

Joined: Nov 2018
QUOTE(NextDoorMan @ Jul 26 2021, 12:55 AM)
Job Title : Graduate Trainee
Job Desciption : Commercial & E-commerce function
Age : 24
Years spent in company : 0 months
Company : FMCG
Industry : FMCG
Tenure : 0 months
Employment Level :
Experience before joining (years) : 1
Highest paper qualification/ education background : Masters in Engineering
Location : KL
Average Working Hours Per Week (incl lunch hours): 39 hours

Monetary Payout
Basic Salary + Fixed Allowance : RM 4500
Contractual Bonus (months): N/A
Performance, Variable Bonus & Commissions (months) : 1.5 months bonus depending on company's performance

Benefits (where relevant) :
Health Benefits : Insurance Claim
Transport Benefits : RM 2,500 per annum
Mobile / Internet / Gadget Benefits : RM 1,000 per annum
Flexi Working Hours : Yes
Other Benefits : Free company products, Discounted company products
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Nestle / Danone / Mondalez ?

Is it one of them ?
Helpmeplis
post Aug 15 2021, 03:26 PM

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Junior Member
166 posts

Joined: Nov 2018
QUOTE(mynameislegend @ Aug 15 2021, 10:00 AM)
Job Title : Process Analyst
Job Description : Consultant @ O&G industry
Age : 27

Industry : IT
Tenure : 3
Employment Level : Mid-level
Experience before joining (years) : 0
Highest paper qualification/ education background: bachelor degree
Location : KL/ Selangor
Average Working Hours Per Week (incl lunch hours): 45 hours

Monetary Payout
Basic Salary : RM 7,000 per month (not counting additional payouts)
Contractual Bonus (months): 1-2
Performance, Variable Bonus & Commissions (months) :

Benefits (where relevant) : -
Health Benefits : yes
Flexi Working Hours : no
*
Local company or MNC ?
Helpmeplis
post Aug 28 2021, 11:43 PM

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Junior Member
166 posts

Joined: Nov 2018
QUOTE(abcmsia @ Aug 28 2021, 12:39 PM)
Job Title : Software Eng.
Age : 27
Years spent in company : 2.7
Company : MNC O&G
Industry : O&G
Employment Level : Permanet
Experience before joining (years) : 0
Highest paper qualification/ education background : Degree
Location : Selangor
Average Working Hours Per Week (incl lunch hours): 40-45 hrs

Monetary Payout
Basic Salary + Fixed Allowance : RM12K/month
Contractual Bonus (months): 1 mths
Performance, Variable Bonus & Commissions (months) : 4 mths
*
Big Blue aka SLB ?


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