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 RM2,300 for fresh grad is inhumane, Why you should ask for 50% increment

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TSIBank BeanBag
post Jun 29 2021, 09:06 AM, updated 5y ago

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RM2,300 pay for graduates in KL has to end! Why fresh graduates should ask for 50% raise after 2 years. Stop enslaving graduates and push them towards “debt bondage”.

It is not right for CEOs like myself to earn so many more times when we try to squeeze you that RM200-400. Some banks and big companies CEOs are earning RM150,000 to RM700,000 a month when your parents need to subsidise you to survive. These figures I have gotten from their companies annual reports. You can verify.

Their expenses to live with dignity in KL is RM3,415.

Car RM500
Petrol RM300
Parking RM100
Room RM600
Parents RM300
Food RM900
Phone bill RM100
Phone cost RM100
Entertainment RM0
Fitness RM0
Wardrobe RM0
Holiday RM0
EPF 11%
Tax 5%

It is only natural that after working for two years, you expect yourself to earn a living wage, RM4,000 in KL.

My full post on LinkedIn: https://lnkd.in/g2xfXsX
moonsatelite
post Jun 29 2021, 09:12 AM

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Not trying to troll, but the argument from the employers are:

Buy Axia E (Manual Transmission), only RM 256 for 9 years
or buy Bus Pass RM 50 only
Phone bill, use those RM 30 - RM 35 plan that's plenty. 3Mbps is enough
Room, get some roommates

otai_g
post Jun 29 2021, 09:23 AM

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take or leave it.
only 2 options.
jaycee1
post Jun 29 2021, 09:23 AM

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Another day another thread.

While I agree that 2300 is tough to survive on in KL, your lists of expenses are high.

Many single income families make do with less so you can basically see where this is going. Is it hard, yes, but that's where we all start from.

Not sure how you go about your budget. I don't spend more than 600/month on food. My daily food budget is 20/day and I am fine. Rent a cheaper room. Why are you paying 100/m for your phone bill? I'm sure if you cut your cloth accordingly, you can make do with 2300.

Don't confuse dignity with being lavish. It's a matter of perspective.
TSIBank BeanBag
post Jun 29 2021, 09:31 AM

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QUOTE(moonsatelite @ Jun 29 2021, 09:12 AM)
Not trying to troll, but the argument from the employers are:

Buy Axia E (Manual Transmission), only RM 256 for 9 years
or buy Bus Pass RM 50 only
Phone bill, use those RM 30 - RM 35 plan that's plenty. 3Mbps is enough
Room, get some roommates
*
Soon they will pay RM1,800. Never change in years
soules83
post Jun 29 2021, 09:34 AM

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QUOTE(IBank BeanBag @ Jun 29 2021, 09:06 AM)
RM2,300 pay for graduates in KL has to end! Why fresh graduates should ask for 50% raise after 2 years. Stop enslaving graduates and push them towards “debt bondage”.

It is not right for CEOs like myself to earn so many more times when we try to squeeze you that RM200-400. Some banks and big companies CEOs are earning RM150,000 to RM700,000 a month when your parents need to subsidise you to survive. These figures I have gotten from their companies annual reports. You can verify.

Their expenses to live with dignity in KL is RM3,415.

Car RM500
Petrol RM300
Parking RM100
Room RM600
Parents RM300
Food RM900
Phone bill RM100
Phone cost RM100
Entertainment RM0
Fitness RM0
Wardrobe RM0
Holiday RM0
EPF 11%
Tax 5%

It is only natural that after working for two years, you expect yourself to earn a living wage, RM4,000 in KL.

My full post on LinkedIn: https://lnkd.in/g2xfXsX
*
my cousin just got her RM2k salary last month.
TSIBank BeanBag
post Jun 29 2021, 09:34 AM

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QUOTE(jaycee1 @ Jun 29 2021, 09:23 AM)
Another day another thread.

While I agree that 2300 is tough to survive on in KL, your lists of expenses are high.

Many single income families make do with less so you can basically see where this is going. Is it hard, yes, but that's where we all start from.

Not sure how you go about your budget. I don't spend more than 600/month on food. My daily food budget is 20/day and I am fine. Rent a cheaper room. Why are you paying 100/m for your phone bill? I'm sure if you cut your cloth accordingly, you can make do with 2300.

Don't confuse dignity with being lavish. It's a matter of perspective.
*
Phone bill of RM100 allow you to avoid broadband too. Just enough. Phone bill is quite inelastic.

My food is RM900 as graduates need to join colleague for lunches too. If you work in KL Sentral and stay in Setapak, I think that is your cost.

TSIBank BeanBag
post Jun 29 2021, 09:36 AM

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QUOTE(soules83 @ Jun 29 2021, 09:34 AM)
my cousin just got her RM2k salary last month.
*
So RM2,300 is luxury
soul78
post Jun 29 2021, 09:41 AM

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i wake up travel by bus 1 1/2 hour everyday for the past 3 years to go to work from one state to another to go to work. wake up at 5am every day to go to bus station to grab a bus.

Then after that still no car and started renting a room when salary was ok and then still took lrt/mrt to work every day for another 4 years..

nowadays flesh glad come out oredi complain earning peanuts and still wanna own a car straight away.

I bought my first car at the age of 30 and it was a Myvi.
nowadays flesh glad also dun want to look at myvi and oredi wanna drive SUV or civic ketamz when they earning peanutz...

work their way up the leddar la.. instead of complaining.. coz nowadays mellinnials sooo sayur... cant stand to slog like the boomers generation...
cockerish
post Jun 29 2021, 09:45 AM

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QUOTE(soul78 @ Jun 29 2021, 09:41 AM)
i wake up travel by bus 1 1/2 hour everyday for the past 3 years to go to work from one state to another to go to work. wake up at 5am every day to go to bus station to grab a bus.

Then after that still no car and started renting a room when salary was ok and then still took lrt/mrt to work every day for another 4 years..

nowadays flesh glad come out oredi complain earning peanuts and still wanna own a car straight away.

I bought my first car at the age of 30 and it was a Myvi.
nowadays flesh glad also dun want to look at myvi and oredi wanna drive SUV or civic ketamz when they earning peanutz...

work their way up the leddar la.. instead of complaining.. coz nowadays mellinnials sooo sayur... cant stand to slog like the boomers generation...
*
Times are different. Those days you don't have Facebook...social status is now best thrown all over fresh grad face. Everyone wants to earn money and buy shit they don't need because social representation expect them to do so. This is reality and you don't know it yet by the time your kid grow up..don't be suprise that your so call those days are these guys those days and pressure to survive will be even higher

jaycee1
post Jun 29 2021, 09:46 AM

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QUOTE(IBank BeanBag @ Jun 29 2021, 09:34 AM)
Phone bill of RM100 allow you to avoid broadband too. Just enough. Phone bill is quite inelastic.

My food is RM900 as graduates need to join colleague for lunches too. If you work in KL Sentral and stay in Setapak, I think that is your cost.
*
Be smart with your money shop around.

My unlimited data phone bill is 70. That is a whopping 30% lower than what you are spending. And no, I don't have broadband either.

What, you think I don't eat lunches with colleagues? Really want to save money, pack lunch.

If you are working in sentral why are you staying in Setapak? Staying nearer or with public transportation access means you can drive less. You can stay at Pantai Dalam where it is near and cheap, and have access to lower cost food.

Budget your costs accordingly.
mini orchard
post Jun 29 2021, 09:50 AM

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Just too many general degree graduates that have this problem.

If one is more focus, the pay is higher. Just from comparing the pay of my children.
kelvinfixx
post Jun 29 2021, 09:52 AM

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last time my inhuman employee gave me 1500 salary when I am freshie.
soul78
post Jun 29 2021, 09:54 AM

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QUOTE(cockerish @ Jun 29 2021, 09:45 AM)
Times are different. Those days you don't have Facebook...social status is now best thrown all over fresh grad face. Everyone wants to earn money and buy shit they don't need because social representation expect them to do so. This is reality and you don't know it yet by the time your kid grow up..don't be suprise that your so call those days are these guys those days and pressure to survive will be even higher
*
brainwash from tv is already enough.. whether you subject your kids to further exposure to all the other digital products is up to you as parents...
I personally dont allow them to touch any digital devices up to the age of 10 then they can start slowly get into it. At least they can grow up and appreciate nature and other stuffs around them and mixing with people the old fashion way compared to letting them being hooked up to the internet from the early start..

Again is how other parents bring up their kids .... there is no right or wrong.. just what kind of exposure you want your kids to have during their growing up years and what you want them to become ...
jaycee1
post Jun 29 2021, 09:55 AM

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Funny how these fresh grads complain they can't survive on xxxx salary.

I'm making 5 figures and my monthly costs is less than the list. Yet they can afford to use handphones that cost 5x what I am using, sign on to mobile plans costing more, saddle oneself with an necessary high cost NEW car. And live in ways many would think it's a luxury.

Socmed is doing you guys no favours.

We have all started out that way. The basic necessities have not changed. It's just the added fluff that makes it look costly.
cockerish
post Jun 29 2021, 10:05 AM

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QUOTE(soul78 @ Jun 29 2021, 09:54 AM)
brainwash from tv is already enough.. whether you subject your kids to further exposure to all the other digital products is up to you as parents...
I personally dont allow them to touch any digital devices up to the age of 10 then they can start slowly get into it. At least they can grow up and appreciate nature and other stuffs around them and mixing with people the old fashion way compared to letting them being hooked up to the internet from the early start..

Again is how other parents bring up their kids .... there is no right or wrong.. just what kind of exposure you want your kids to have during their growing up years and what you want them to become ...
*
How old is your kid ? The issue is not how young they are but the environment they are in. The digital poison starts when they are in thier teens onward. Everywhere they look ( Facebook, YouTube, hell even lowyat has predictive advertisement based on what you search ) is plastered all over thier face.

The other thing is you think that bringing them up in a cave is prevention. If they have friends.....the influence becomes greater and you can't fight that. You have to embrace it. The way you bring up is considered those days method. In the era of digitalization...these ways will resort the kid by hating you ( some hate is good but despise is not. You end up being a father they never want to talk to)



There is no wrong or right answer but if you interviewed this current generation you will see how much opinionated they are. In all sentence you will hear the word I feel quite a little bit. Those days Mana ada I feel...is terus buat ..
MANU4LIFE
post Jun 29 2021, 10:10 AM

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QUOTE(jaycee1 @ Jun 29 2021, 09:23 AM)
Another day another thread.

While I agree that 2300 is tough to survive on in KL, your lists of expenses are high.

Many single income families make do with less so you can basically see where this is going. Is it hard, yes, but that's where we all start from.

Not sure how you go about your budget. I don't spend more than 600/month on food. My daily food budget is 20/day and I am fine. Rent a cheaper room. Why are you paying 100/m for your phone bill? I'm sure if you cut your cloth accordingly, you can make do with 2300.

Don't confuse dignity with being lavish. It's a matter of perspective.
*
RM20/day x 30 days = RM600 no?
cockerish
post Jun 29 2021, 10:10 AM

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QUOTE(jaycee1 @ Jun 29 2021, 09:55 AM)
Funny how these fresh grads complain they can't survive on xxxx salary.

I'm making 5 figures and my monthly costs is less than the list. Yet they can afford to use handphones that cost 5x what I am using, sign on to mobile plans costing more, saddle oneself with an necessary high cost NEW car. And live in ways many would think it's a luxury.

Socmed is doing you guys no favours.

We have all started out that way. The basic necessities have not changed. It's just the added fluff that makes it look costly.
*
.
Yes I agree. A fine example is once u tasted wagyu, you never want to eat KFC. Once u earn so much money, you get absorbed into society status that a celebratory meal of KFC won't be justice to your status and a meal to celebrate will be at nobu. Give credit cards and the younger generation quickly become in debted. Your salary can't fund your wants and your parents stop giving out allowances and what happen next ? Banks give you credit card that makes you feel powerful with a single swipe over than brand new iphone 12

Once the nostalgia goes away in 3 to 4 month, iphone 13 comes out and you swipe again without settling that 12 month repairmnt period.


One subject that must be improved in our national syllabus is financial planning. Parents must be responsible too with the kids and teach them how to manage finance and gratitude
Ludwig.
post Jun 29 2021, 10:12 AM

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your expenses list is pretty high
my car loan 5 years is only rm400
petrol also only rm250+ per month
my food expenses, and this is without me looking at prices, is max rm600 per month
my phone plan is data plan by tunetalk rm200/yr which is around rm15+ per month

so its not necessarily about the salary, but also financial management as well
Mikeshashimi
post Jun 29 2021, 10:13 AM

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Car RM500 - Axia = RM350.00
Petrol RM300 = this equates to 2336km per month for the Axia (roughly)
Parking RM100 = I know parking is expensive in WM so... maybe can cut down if jalan abit more
Room RM600 = Get roommates can cut down to RM250.00
Parents RM300 = Case to case basis
Food RM900 = meal prep, can save at least 10-20%
Phone bill RM100 = RM30 plan is more than enough
Phone cost RM100 = Phone cost?
Entertainment RM0
Fitness RM0 = Jogging and bodyweight workouts are free
Wardrobe RM0
Holiday RM0
EPF 11%
Tax 5%


From your list can easily cut RM200-300 per month. If you take public transport then even more, maybe up to RM500 - 600.

Of course it's not ideal, but that is what making it "work" is like.

RM1,500.00 is tight, but manageable.

If fresh grad expects RM2,300.00, then expect that many will not be hired, and those that are, are expected to do 2-3 peoples' worth of work.

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