Let's Talk Salary v9, Sharing Thread
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 Jul 3 2023, 10:18 AM
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Probation
5 posts Joined: Aug 2021 
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QUOTE(coolguy99 @ Jul 3 2023, 08:59 AM) Are you considered a senior there? The pay is very good. Congrats. Yup, already quite a senior level before jumping to this company. Quote: The Peter Principle states that an employee continues to receive promotions to work in higher ranks up to that point where he reaches a level of incompetence.  |
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Jul 3 2023, 12:11 PM
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Senior Member
820 posts Joined: Jan 2003 
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Hi, I would like to know what kind of job can make annual income above RM800 ~ RM1.2mil annually? CEO？Specialist?
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Jul 3 2023, 05:18 PM
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Elite
7,826 posts Joined: Jan 2003 
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QUOTE(viruz @ Jul 3 2023, 12:11 PM) Hi, I would like to know what kind of job can make annual income above RM800 ~ RM1.2mil annually? CEO？Specialist? Yes, some CEO's as well as C-Levels make that amount, but it also depends on the size of the company and their renumeration package. Most of them get a mix between cash and shares. Other roles also include managing partners, managing directors, partners at professional firms (law, accounting, etc..etc..). Those in Oil & Gas as well get high pay especially roles which do have a bit of risk involved with it (e.g. offshore work), management also get paid quite well and within those ranges you mentioned as well and you don't need to be in the C-level to make that much. Specialist doctors as well make that much and more. Insurance agency owners as well can make that amount or depending on your number of downlines you have and how you get them to be productive. Country sales manager for various industries as well also make that amount, depends of course on the sales total amount and revenues for the country. The ones that I see the most common who make that amount are usually business owners, not through a salary that their own company pay them (because of the high tax) but through dividends from the company instead. And no, I am not talking about the large corporate companies, I am talking about people who run a few mechanic shops or tyre shops, logistics shops, restaurants/cafe/F&B, and many more from manufacturing and services (manpower, consultancy, etc..etc..). |
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Jul 5 2023, 12:00 AM
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Junior Member
502 posts Joined: Apr 2015 From: Kuala Lumpur
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QUOTE(principaleng @ Jul 3 2023, 10:18 AM) Quote: Comes with luck, cable (so called "networking") and risk taking.The Peter Principle states that an employee continues to receive promotions to work in higher ranks up to that point where he reaches a level of incompetence. |
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Jul 9 2023, 02:54 PM
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Junior Member
88 posts Joined: Nov 2021
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What do you guys think should be the way to negotiate salary with your new company?
I am jumping to a company that has a reduction of 10 days AL compared to before, lower epf employer contribution, lower medical. Should I ask for 30% of my basic and fix allowance or take into consideration the AL and epf contribution as well? I am thinking of asking for 40% but due to the company being a little cost efficient I am worried of losing the job opportunity. |
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Jul 10 2023, 08:49 AM
Show posts by this member only | IPv6 | Post
#366
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Senior Member
7,349 posts Joined: Aug 2015
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QUOTE(NAVEE @ Jul 9 2023, 02:54 PM) What do you guys think should be the way to negotiate salary with your new company? I think it's no harm to ask for more. For me, I always ask for the increment that I think I am comfortable with, as you will be the one making the move, moving to a new environment, and bearing the risk that things may not work out the way you expect it to be.I am jumping to a company that has a reduction of 10 days AL compared to before, lower epf employer contribution, lower medical. Should I ask for 30% of my basic and fix allowance or take into consideration the AL and epf contribution as well? I am thinking of asking for 40% but due to the company being a little cost efficient I am worried of losing the job opportunity. If they cannot pay what you are asking, they will lower down your ask. It's part of the entire negotiation process. |
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Jul 11 2023, 08:23 AM
Show posts by this member only | IPv6 | Post
#367
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Senior Member
3,491 posts Joined: Jan 2013
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QUOTE(NAVEE @ Jul 9 2023, 02:54 PM) What do you guys think should be the way to negotiate salary with your new company? For 10 days ALI am jumping to a company that has a reduction of 10 days AL compared to before, lower epf employer contribution, lower medical. Should I ask for 30% of my basic and fix allowance or take into consideration the AL and epf contribution as well? I am thinking of asking for 40% but due to the company being a little cost efficient I am worried of losing the job opportunity. Assume 20 days working per month on average including PH, AL, Medical You should ask for 10/(240/annum) more. Which is roughly 4% increment for that aspects. |
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Jul 11 2023, 08:51 AM
Show posts by this member only | IPv6 | Post
#368
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Senior Member
1,773 posts Joined: Dec 2013
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QUOTE(viruz @ Jul 3 2023, 08:11 AM) Hi, I would like to know what kind of job can make annual income above RM800 ~ RM1.2mil annually? CEO？Specialist? this question hahahahahahasell coke je  |
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Jul 15 2023, 09:45 PM
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Junior Member
57 posts Joined: May 2020
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xxx
This post has been edited by Sze wen: Dec 4 2024, 11:51 AM |
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Jul 16 2023, 01:38 AM
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Junior Member
20 posts Joined: Mar 2022
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QUOTE(NAVEE @ Jun 30 2023, 11:27 AM) Job Title : Application Support Manager May I know what is your current job grade? Manager, AVP, VP? And since how many years you've been in the current job grade/rank?Job Desciption : Core banking system support manager Age : 36 Years spent in company : 9 Company : Industry : Banking Employment Level : Permanent Experience before joining (years) : 3 Highest paper qualification/ education background : Degree Location : KL Average Working Hours Per Week (incl lunch hours): 50 Monetary Payout Basic Salary + Fixed Allowance : RM 11000 Contractual Bonus (months): 0 mths Performance, Variable Bonus & Commissions (months) : 4-6 mths Work Flexibility (where relevant) : Flexi hours available but not really applicable as you work around the clock if required Work From Home Availability: 3 days in a week Annual Leaves: 24 days Flexi Working Hours : Yes Benefits (where relevant) : Health Benefits : unlimited in patient and dental, life insurance, bi annual medical checkup, limited traditional medicine coverage. Transport Benefits : free parking at office? Mobile / Internet / Gadget Benefits : nope Other Benefits : Company resort around the country, trainings and certification covered, from time to time give out good freebies, annual book allowance. Future Prospects (personal outlook) : Not much prospect here, as the promotional gap is low. Current salary against peers in industry : Average Growth prospects : Not much room for growth Where I will go from here : Planning to go to a less critical role and maybe look at risk and compliance roles |
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Jul 16 2023, 09:25 AM
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Senior Member
7,847 posts Joined: Sep 2019
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QUOTE(viruz @ Jul 3 2023, 12:11 PM) Hi, I would like to know what kind of job can make annual income above RM800 ~ RM1.2mil annually? CEO？Specialist? Yes, but it also depends on:1. Seniority 2. Field of specialty (an anaesthetist or an emergency physician will never achieve the same level of pay as an interventional cardiologist or an oncologist) 3. Private vs public sector (private >>> public, obviously) 4. Where you practice medicine (I can only speak for myself, but in my experience, Singapore > Australia > Malaysia) 5. Whether you get foreign patients or not |
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Jul 16 2023, 01:51 PM
Show posts by this member only | IPv6 | Post
#372
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Junior Member
312 posts Joined: Aug 2015 
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QUOTE(Sze wen @ Jul 15 2023, 09:45 PM) Any good semiconductor company to jump to after working one year at one of the big semiconductor industry? What is the expected salary? front end or back end? |
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Jul 16 2023, 04:13 PM
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Senior Member
7,847 posts Joined: Sep 2019
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Has anyone here not fully recovered from COVID 19 pay cuts yet?
This post has been edited by hksgmy: Jul 16 2023, 04:15 PM |
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Jul 16 2023, 04:18 PM
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Senior Member
1,974 posts Joined: Dec 2011
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QUOTE(hksgmy @ Jul 16 2023, 04:13 PM) Has anyone here not fully recovered from COVID 19 pay cuts yet? Intel |
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Jul 16 2023, 04:22 PM
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Senior Member
7,847 posts Joined: Sep 2019
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QUOTE(ipohps3 @ Jul 16 2023, 04:18 PM) Intel Oh dear. Yeah, I read about the retrenchment. I hope none of our forum members here are affected. |
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Jul 16 2023, 05:06 PM
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Junior Member
57 posts Joined: May 2020
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xxx
This post has been edited by Sze wen: Dec 4 2024, 11:51 AM |
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Jul 16 2023, 10:56 PM
Show posts by this member only | IPv6 | Post
#377
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Junior Member
312 posts Joined: Aug 2015
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QUOTE(Sze wen @ Jul 16 2023, 05:06 PM) Post silicon Validation for PCie. sorry I'm not too familiar about this  |
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Jul 17 2023, 02:25 PM
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Junior Member
88 posts Joined: Nov 2021
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QUOTE(DAPMPBAMCAuto @ Jul 16 2023, 01:38 AM) May I know what is your current job grade? Manager, AVP, VP? And since how many years you've been in the current job grade/rank? My company is a little different. There is no AVP n VP level. I am at manager level. Been in the position for a year. |
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Jul 20 2023, 09:09 AM
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Senior Member
1,058 posts Joined: Oct 2013
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QUOTE(NAVEE @ Jul 17 2023, 02:25 PM) My company is a little different. There is no AVP n VP level. then what is the next position after manager? general manager, assistant GM, senior manager or what?I am at manager level. Been in the position for a year. |
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Jul 20 2023, 10:11 PM
Show posts by this member only | IPv6 | Post
#380
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Junior Member
88 posts Joined: Nov 2021
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QUOTE(alpha team @ Jul 20 2023, 09:09 AM) then what is the next position after manager? general manager, assistant GM, senior manager or what? Director level after manager. Not a lot of jumps for my company. |
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