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 Let's Talk Salary v9, Sharing Thread

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spanar9u
post Jun 27 2022, 06:59 PM

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QUOTE(scarlet94 @ Jun 22 2022, 08:28 AM)
Hi tech consultant seniors,

May I know what’s the most suitable pay range for Test Manager in consulting firm (MNC)? Their client is global bank. I want to make sure I’m not getting lowballed anymore.

I have 6 years of experience in software QA testing including testing management and my qualification is Degree in IT and MBA.

Really appreciate your advice 🙏🏻
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Big 4 consulting firm Manager pay bracket is RM8k-RM10k. (Generally quite low compared to other big-name consulting firms.) (I'm not talking about audit roles btw)

It doesn't really matter that their client is a global bank as consulting firms are project-based. Some projects can span 1 month all the way up to >1 year. You'll likely be in more than 1 project if you stay for more than a year.

Unless you're being hired as a staff augmentation/managed service kinda role. Meaning, you are hired by the consulting firm, but you are outsourced to the client until you resign or until the client doesn't need you anymore.

Hope it helps.
ratiuG P
post Jun 27 2022, 10:24 PM

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QUOTE(happy_berry @ Jun 26 2022, 07:56 PM)
3.8k to 6k for a promotion. that's incredibly rare, the usual rate is usually 20-30%.

and what does it feel like to jump ship every year?  biggrin.gif
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In my humble opinion, we sometimes shall look at the absolute value too rather than just the %, because % doesn't give big number when the principal value is low..
In my case, I see it as a RM 2.2K gained for the promotion, instead of the % I gained. biggrin.gif


QUOTE(canjeth @ Jun 26 2022, 09:24 PM)
How do you answer interview questions on switching jobs frequency? I get them a lot even though I don't switch as often as you. Can't imagine what kind of creative answers I would have to dig out if in your position.
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Frankly speaking, I really do have very solid reasons for every switch after my first company.
I told the hiring manager & HR the honest answer and it's not really about the dollar (I usually don't mention $ in the interview), and they accepted my reason for making the switch I guess, no creative or fancy answers at all.. icon_rolleyes.gif

The thing is, the tech industry has a really high demand for great talents (tech kuli bye.gif ) and the market is somehow flooded with mediocre Software Developer/Engineer wanna-be, I apologise if I offended anyone with this statement, but it is a fact throughout my half a decade work experience in different teams and companies. Hence, some companies do understand that it is a very competitive market.
pub_yu
post Jun 27 2022, 11:00 PM

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QUOTE(ratiuG @ Jun 27 2022, 10:24 PM)
In my humble opinion, we sometimes shall look at the absolute value too rather than just the %, because % doesn't give big number when the principal value is low..
In my case, I see it as a RM 2.2K gained for the promotion, instead of the % I gained.  biggrin.gif
Yeah it's good to think that way. I'd an experience where I was changing a role and got about 65% bump simply because that's the market range for the new role and rank.
dattebayo
post Jun 29 2022, 03:27 PM

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QUOTE(ratiuG @ Jun 18 2022, 02:59 PM)
Hi all, sharing my progression here as a dotnet software developer.
My background is not IT but I started my career in IT as a software developer.
I am a Mechanical Engineering degree graduate from TARUC (Setapak).

My monthly gross salary in RM (not including allowances, only base) progression:
2016 (started in Dec): 3K
2017: 3.3K (confirmation) -> 3.6K
2018: 3.8K -> 6K (promotion)
2019: 6.5K
2020: 6.7K -> 8.1K (new job)
2021: 10K (new job)
2022: 16K (new job)

Sorry for the soooo abstracted information, just in case my colleague will see my post here.
A bit more context, all these are in Malaysia, I'm not doing remote job and converting currency (some people like to convert, for example from SGD to MYR as their earning).

Sharing this for the benefits of other software developers, there are a few companies I know that they could afford RM 10K monthly for people who have less than 5 years of working experience.

The annual bonus I got from these companies is average 1.5 months.
I am grateful with what I have now at my current age (below 30 years old).
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mind to tell which employee rank are you in for the rm 16k position?

from my impression, usually >15k are either team lead or at least a senior in tech field, where one is expected to lead some projects

come to my surprise that dotnet still highly sought after now
ratiuG P
post Jun 29 2022, 06:49 PM

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QUOTE(dattebayo @ Jun 29 2022, 03:27 PM)
mind to tell which employee rank are you in for the rm 16k position?

from my impression, usually >15k are either team lead or at least a senior in tech field, where one is expected to lead some projects

come to my surprise that dotnet still highly sought after now
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Hi there, yes, you are right, it’s a senior role but not a team lead yet.

IMHO, dotnet and Java are still considered highly sought (the amount of job ads on LinkedIn and JobStreet, search by keyword) especially in enterprise-grade app development. These two are usually easier to get higher pay bracket (median) compared to others (Python & JavaScript are in great demand too).

After all, they are just different tools for different purposes. It shouldn’t take much time for a developer to work on and get comfortable with other modern languages as most of their programming knowledge are probably still applicable, except some may take more time to be proficient like Rust, F#, ProLog etc. depending on his/her background. But yea, I think you get my point. Haha.
saintcute
post Jul 3 2022, 12:58 AM

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QUOTE(ratiuG @ Jun 29 2022, 06:49 PM)
Hi there, yes, you are right, it’s a senior role but not a team lead yet.

IMHO, dotnet and Java are still considered highly sought (the amount of job ads on LinkedIn and JobStreet, search by keyword) especially in enterprise-grade app development. These two are usually easier to get higher pay bracket (median) compared to others (Python & JavaScript are in great demand too).

After all, they are just different tools for different purposes. It shouldn’t take much time for a developer to work on and get comfortable with other modern languages as most of their programming knowledge are probably still applicable, except some may take more time to be proficient like Rust, F#, ProLog etc. depending on his/her background. But yea, I think you get my point. Haha.
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wow, a 60% increase in basic salary after 1 year in the previous job? too good to be true especially for a developer.
ratiuG P
post Jul 3 2022, 05:01 PM

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QUOTE(saintcute @ Jul 3 2022, 12:58 AM)
wow, a 60% increase in basic salary after 1 year in the previous job? too good to be true especially for a developer.
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It’s actually less than a year in my previous job.
After all, it’s about the right opportunity and the right talent at the right timing.

I do understand some may find it difficult to believe if they haven’t seen one before. My peers (mostly in E&E and mechanical engineering in semi-con) were quite surprise when they found out I change job again and with a decent package. They are having exactly same years of working experience like me (roughly 5.5 years), and making RM50-80K annually on average.

For me, I mostly look at the career opportunities (progress/advancement) in long run at the company when I make my decision, not the monetary part.
ahms89
post Jul 3 2022, 06:52 PM

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QUOTE(canjeth @ Jun 8 2022, 12:35 AM)
80% increment??? Did you edit your payslips when applying for new job?
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Nope.. basically, i would say we were underpaid. even when i had interview with new company, they were shocked as i was paid that much. Then, they give me increment for 81% to be exact..haha
dattebayo
post Jul 3 2022, 11:12 PM

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anyone knows what is the ballpark figure for Manager M4 rank in HLB?

This post has been edited by dattebayo: Jul 3 2022, 11:15 PM
Mavik
post Jul 4 2022, 01:39 PM

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QUOTE(dattebayo @ Jul 3 2022, 11:12 PM)
anyone knows what is the ballpark figure for Manager M4 rank in HLB?
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Sent you a PM
dattebayo
post Jul 4 2022, 02:36 PM

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QUOTE(Mavik @ Jul 4 2022, 01:39 PM)
Sent you a PM
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thank you!
soules83
post Jul 12 2022, 06:54 PM

Hohoho I dunno
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QUOTE(ratiuG @ Jul 3 2022, 05:01 PM)
It’s actually less than a year in my previous job.
After all, it’s about the right opportunity and the right talent at the right timing.

I do understand some may find it difficult to believe if they haven’t seen one before. My peers (mostly in E&E and mechanical engineering in semi-con) were quite surprise when they found out I change job again and with a decent package. They are having exactly same years of working experience like me (roughly 5.5 years), and making RM50-80K annually on average.

For me, I mostly look at the career opportunities (progress/advancement) in long run at the company when I make my decision, not the monetary part.
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wise choice, e&e pay is just crap as its heavily depend on export. with export, the salary is tie to the product price. garbage in garbage out, e@e and manufacturing is a sign of failure when our cost of living increase. they can move the factory to cheaper country

This post has been edited by soules83: Jul 12 2022, 06:54 PM
ratiuG P
post Jul 12 2022, 09:35 PM

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QUOTE(soules83 @ Jul 12 2022, 06:54 PM)
wise choice, e&e pay is just crap as its heavily depend on export. with export, the salary is tie to the product price. garbage in garbage out, e@e and manufacturing is a sign of failure when our cost of living increase. they can move the factory to cheaper country
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You sound exactly like one of my friends in the industry..
And another common struggle they face is, other than some soft skills and electronic knowledge, most of their skillsets are deeply tied to their production line, like the machines etc. It's not something really transferable if they were to change company, hence looking out could be challenging.

One (5Y working experience) of my friends took a pay cut early this year to be a web developer, from a PCB engineer (in a well known Japanese brand). Original pay is still lesser than RM4K per month, the web developer role is RM3.2K or RM3.3K monthly (sorry can't remember). I guess he rather be considered as a fresh grad in developer role than continue his current career.

And yea, you are right, it is really sad. In Malaysia, probably because of many companies are not giving our engineers R&D work..? From what I read in the JD (my graduates FB group), seems to be mostly maintenance & sales work.
soules83
post Jul 13 2022, 03:06 PM

Hohoho I dunno
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QUOTE(ratiuG @ Jul 12 2022, 09:35 PM)
You sound exactly like one of my friends in the industry..
And another common struggle they face is, other than some soft skills and electronic knowledge, most of their skillsets are deeply tied to their production line, like the machines etc. It's not something really transferable if they were to change company, hence looking out could be challenging.

One (5Y working experience) of my friends took a pay cut early this year to be a web developer, from a PCB engineer (in a well known Japanese brand). Original pay is still lesser than RM4K per month, the web developer role is RM3.2K or RM3.3K monthly (sorry can't remember). I guess he rather be considered as a fresh grad in developer role than continue his current career.

And yea, you are right, it is really sad. In Malaysia, probably because of many companies are not giving our engineers R&D work..? From what I read in the JD (my graduates FB group), seems to be mostly maintenance & sales work.
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bcoz our government policy dont favour RnD or technology companies which really want to invest over here(mostly due to direct tie between crony company, and those policy will protect them from competition). a lot choose sg over msia due to those policy and this hence create even worse bad karma effect which prevent us from moving to higher income nation, for example the repair policy for undersea fiber optics.

to make another point is, high tech require good networks. The closer the data center to the main branch of the giga fiber optics, the shorter the network latency. Thank to that policy, now Singapore get the giga network

This post has been edited by soules83: Jul 14 2022, 11:06 AM
SomaCruz89
post Jul 14 2022, 09:07 PM

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QUOTE(cuddlybubblyteddy @ May 7 2022, 03:21 AM)
Malaysia

I got paid in crypto 😎

I paid my taxes myself as I billed the project as consultant
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Since the crypto market is down, did the companies adjust your salary accordingly? For example, if the company has agreed to pay you 1eth per month. At that time, 1eth=3k USD, but now 1eth=1k USD. So, will the companies pay you 3eth now to compensate for the eth price drop, or are you still getting 1eth?
cuddlybubblyteddy
post Jul 14 2022, 11:10 PM

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QUOTE(SomaCruz89 @ Jul 14 2022, 10:07 PM)
Since the crypto market is down, did the companies adjust your salary accordingly? For example, if the company has agreed to pay you 1eth per month. At that time, 1eth=3k USD, but now 1eth=1k USD. So, will the companies pay you 3eth now to compensate for the eth price drop, or are you still getting 1eth?
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I got paid in usdt and usdc

So no worries about market dump


maidenless
post Jul 15 2022, 12:19 AM

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QUOTE(cuddlybubblyteddy @ Jul 14 2022, 11:10 PM)
I got paid in usdt and usdc

So no worries about market dump
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Stablecoins? Scary stuffs
cuddlybubblyteddy
post Jul 15 2022, 10:24 AM

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QUOTE(maidenless @ Jul 15 2022, 01:19 AM)
Stablecoins? Scary stuffs
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Yeap, while many skeptical about, I’m happy to embrace it 🫡
premier239
post Jul 15 2022, 01:41 PM

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as someone not from IT background, I certainly feel salty about the pays from this industry...
AhBoy~~
post Jul 16 2022, 03:22 PM

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QUOTE(premier239 @ Jul 15 2022, 01:41 PM)
as someone not from IT background, I certainly feel salty about the pays from this industry...
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then you should feel salty for some other more lucrative occupation like "Malaysian politician" industry, at least people in tech is making a honest living + not all in IT are making big buck, many got stuck at entry pay not telling you.

This post has been edited by AhBoy~~: Jul 16 2022, 03:27 PM

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