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

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keyser soze
post Jun 29 2021, 10:17 AM

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If you rent a room. Why not rent 1 nearer to your office? So you can walk, take public transport to work? Which means you won't need to buy car yet. Save you RM900. Add back RM100 for taking public transport.
Just choose a plan that gives you free phone.
Only pay your parents after probation with increment.
MANU4LIFE
post Jun 29 2021, 10:19 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
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erm where is insurance? EPF cant count as expenses. phone cost is phone instalment?
soul78
post Jun 29 2021, 10:25 AM

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QUOTE(cockerish @ Jun 29 2021, 10:05 AM)
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 ..
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There is a difference between bringing up kids into this world that THINKS they are ENTITLED versus bringing up kids into this world that understands everything that is given to them is a BLESSING and teaching them that everything comes with a price..

Digitization is a blessing for those who can afford them. Its not a necessity in life of needed for basic human life.
If a parent cant reach the kids to know the difference at a young age, then its the parents fault.

When given a choice of teaching gardening and carpentry vs how to use the internet to your kids, i would choose gardening and carpentry instead.. What about other skills like basic plumbing/pipe works and fixing basic electrical skills. I use to hate my dad when i was young asking me to help him to do all these things and took my time from playing with my friends or hanging out.

But now i am greatful that this was instilled to me by him and they will learn to understand it when they grow up.

Survival skills like this is needed more than ever for our kids in the future that we are sending them into..
popopi
post Jun 29 2021, 10:30 AM

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Fresh grad want daily starbucks salary, can continue to dream...
jaycee1
post Jun 29 2021, 11:00 AM

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QUOTE(MANU4LIFE @ Jun 29 2021, 10:10 AM)
RM20/day x 30 days = RM600 no?
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Yep. 600. And even then, I think I'm eating pretty decent. I up my budget to 900 and I will be gaining a lot of weight. So it's a health thing also. I only eat 2 meals a day, maybe with a light snack in between meals. So 20/day is more than enough to splurge on cheat days. I make my own coffee because it's better. Tapau most of the time so don't have to spend on unnecessary drinks.


Again. Fresh grads are asking all the wrong questions. You are just starting out. Ask NOT what you can live WITH, but ask what you can live WITHOUT.
MANU4LIFE
post Jun 29 2021, 11:17 AM

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QUOTE(jaycee1 @ Jun 29 2021, 11:00 AM)
Yep. 600. And even then, I think I'm eating pretty decent.  I up my budget to 900 and I will be gaining a lot of weight. So it's a health thing also. I only eat 2 meals a day, maybe with a light snack in between meals. So 20/day is more than enough to splurge on cheat days. I make my own coffee because it's better. Tapau most of the time so don't have to spend on unnecessary drinks.
Again. Fresh grads are asking all the wrong questions. You are just starting out. Ask NOT what you can live WITH,  but ask what you can live WITHOUT.
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very true bro, i agree...when we first started as freshie we did not expect to drink starbucks everyday or go clubbing all the time, that time savings is most important to build up your financial standings...everyone goes through the same process except for those truly exceptional
darkskies
post Jun 29 2021, 11:18 AM

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Depends on your negotiation skills..
Generally fresh graduate should be around RM2.5k .
And also depend on what type of company and role they offered you.
You see the JD is super long like your school R&R Board with only RM1.8k , you pretty much know the company doesn't know what they're hiring.
Speak up abit on the salary.
Convince them that the role they're hiring requires more then what they offered. Just don't be rude. If they don't buy your advise, just move on with other company.
When you step into society.. it doesn't takes only 1-2 interview for that perfect job and salary.
Sometimes 10-20 you can't even find what you want. But the worse thing is just seating around waiting for that golden opportunity to appear.
TSIBank BeanBag
post Jun 29 2021, 12:11 PM

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QUOTE(Mikeshashimi @ Jun 29 2021, 10:13 AM)
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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My list of accommodations also need to come with parking. Give or take, not much he can save. If he has a Myvi 1.5 petrol also he cannot save. Food is 900 because the guy also need to eat healthier not just any fried bee Hoon like our time. These days humane treatment is different vs 2005-2010. I still think 2,300 cannot. 2,900 possible. 3,500 is for good graduates. 4,500 for best grad. My thought only.
TSIBank BeanBag
post Jun 29 2021, 12:12 PM

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QUOTE(darkskies @ Jun 29 2021, 11:18 AM)
Depends on your negotiation skills..
Generally fresh graduate should be around RM2.5k .
And also depend on what type of company and role they offered you.
You see the JD is super long like your school R&R Board with only RM1.8k , you pretty much know the company doesn't know what they're hiring.
Speak up abit on the salary.
Convince them that the role they're hiring requires more then what they offered. Just don't be rude. If they don't buy your advise, just move on with other company.
When you step into society.. it doesn't takes only 1-2 interview for that perfect job and salary.
Sometimes 10-20 you can't even find what you want. But the worse thing is just seating around waiting for that golden opportunity to appear.
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May need to go 100 interviews in this market
klch87
post Jun 29 2021, 12:15 PM

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To be honest salary for fresh grad is not enough for almost all major cities in the world?

Maybe in canada or NZ is the good place for fresh grad to be since i really havent heard them complaining low pay there.

Stirmling
post Jun 29 2021, 12:18 PM

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Yeah lol
Now imagine rm2.3k for those with work experience
I feel kesian to them.
whphon
post Jun 29 2021, 12:29 PM

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delete your account from all social media and forum

and start work hard

confirm you getting 10x later

if you continue to stay on social media, confirm you couldnt run anyway from this figure
Mikeshashimi
post Jun 29 2021, 01:25 PM

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QUOTE(IBank BeanBag @ Jun 29 2021, 12:11 PM)
My list of accommodations also need to come with parking. Give or take, not much he can save. If he has a Myvi 1.5 petrol also he cannot save. Food is 900 because the guy also need to eat healthier not just any fried bee Hoon like our time. These days humane treatment is different vs 2005-2010. I still think 2,300 cannot. 2,900 possible. 3,500 is for good graduates. 4,500 for best grad. My thought only.
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Myvi is a luxury. If you have to cut out money for health because you're driving a Myvi, then you're not going to make it.

Why drive a Myvi when can downgrade to an Axia?

If you know that money is an issue, then you can't be fussy about choices. That's life.

RM2,900 - RM3,500 businesses will reduce hiring, simple.

That's already RM34,800 per annum on a single graduate not including EPF and SOCSO (employer's share).


Michael_Light
post Jun 29 2021, 01:30 PM

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I am sure any MNC or banks will pay more than that for fresh grad, local small business not sure.
TSIBank BeanBag
post Jun 29 2021, 01:30 PM

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QUOTE(Mikeshashimi @ Jun 29 2021, 01:25 PM)
Myvi is a luxury. If you have to cut out money for health because you're driving a Myvi, then you're not going to make it.

Why drive a Myvi when can downgrade to an Axia?

If you know that money is an issue, then you can't be fussy about choices. That's life.

RM2,900 - RM3,500 businesses will reduce hiring, simple.

That's already RM34,800 per annum on a single graduate not including EPF and SOCSO (employer's share).
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Business need to plan on efficiency and productivity. We created too many non productive jobs that allow business to earn low margins.

10 years ago auditing firm already offer 2,800 for fresh grad.

Covid-19 aside, 2,300 is really very low.

svchia78
post Jun 29 2021, 01:34 PM

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Kalau pandai sangat, jadilah boss sendiri. No one owes you a living.
TSIBank BeanBag
post Jun 29 2021, 01:38 PM

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QUOTE(svchia78 @ Jun 29 2021, 01:34 PM)
Kalau pandai sangat, jadilah boss sendiri. No one owes you a living.
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Many employees would be doing that the coming decades
sweet_pez
post Jun 29 2021, 01:45 PM

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QUOTE(IBank BeanBag @ Jun 29 2021, 09:06 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.
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My opinion sits with the 2 fellow forumers below.

I don't get why there's a phone bill and phone cost. Let me assure you i'm only paying RM40 for my phone package and i don't even have Wifi at home laugh.gif

RM2.3k is tight by today's standard but it's not impossible to have an average lifestyle.

Get an average car befitting one's affordability. Even if it's an Axia, it's fine so long it does the job. Public transportation is the best to reduce petrol, maintenance or any toll cost. Despite renting a house/ room for RM600 and still need RM300 for petrol is pretty high btw. If this person is renting a room, I would think it's a smarter choice to rent nearby the office (ie. within 10km). In that case, petrol would be like, probably RM150-RM200 per month or less.

Food RM 900 is like average RM30 per day. Yes and no to it. At most only have 1 meal (lunch) with colleague right? I'll presume it's RM 10 for lunch.
- breakfast can make oats/ boil eggs etc at home = cost less than RM5
- dinner can cook or takeaway from zhapfan shops or nearby noodle/ rice shops = aim for less than RM10
- Lunch RM10

Total should be around RM25 or less per day. If wanna save, meal prep own lunch and occasionally makan with colleagues. By eating with colleagues 3x a week (Mon, Wed and Fri) you still maintain that rapport and get to save 2 days a week (or the other way round). In fact yes, you can still pack lunch and eat with colleagues.

It might seem like petty calculation but at the end of the day, it's about making smart adjustment to your lifestyle based on what you have/ able to get.

I'll say if RM2.3k:
- Meal: RM 600
- Car: RM 400
- Petrol: RM200 (would expect this to be lower since renting outside)
- Rental: RM600
- Phone: RM60
- *Insurance (ie. medical card): RM40
- Parents: RM 300
- Parking: RM 100

*Optional of course, can subscribe later when he/ she gets a raise. But still, imo it's essential.
.

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...
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Hahahaha sayur ah, thought it's strawberry! laugh.gif
But that's right... indeed back in the days cost aren't that high.

QUOTE(jaycee1 @ Jun 29 2021, 09:46 AM)
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.
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svchia78
post Jun 29 2021, 01:45 PM

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QUOTE(IBank BeanBag @ Jun 29 2021, 01:38 PM)
Many employees would be doing that the coming decades
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Coming decades? That's slow.... now is the time... the push is already here now...
metalfire
post Jun 29 2021, 01:49 PM

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got job = bonus already.

you don't want, plenty others out there ready to take the position.

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