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 Let's Talk Salary v9, Sharing Thread

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autodriver
post Jul 26 2022, 09:23 AM

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QUOTE(Jay.C1992 @ Jul 18 2022, 04:06 PM)
Hi, i just share about my Career Progression as an External Auditor.

I graduate from a Private University in Malaysia (4 Years Course).

Got My ACCA during my 1st Job. Details shown in below:

2016 (Started in Feb) Small Audit Firm: RM 2.5k
2017 (Promoted) : RM 3.2k (Finished my ACCA)
2017 (Move to a Mid-tier) : RM 3k (For Greater Exposure)
2018 (Promoted) : RM 3.8k
2018 (Move to a Small Firm) : RM 3.5k (Due to Family Matters, need to move back to Hometown)
2019 (Promoted) : RM 4.5k (Get my MIA and ACCA Member)
2019 (Move to one of the Big 4): RM 5.2k
2021 (Go to Commercial for Contractual work) : RM7.5k
2021 (Move back to Audit) : RM 6.5k
2022 (After getting my Audit Partner License) : RM 10k

My Career is keep on shifting from job to job due to incident happen around me.
I am lucky enough to some good Manager or Partner during the time which i climbing up to the Audit Partner post even though i am unsure about what would be my next promotion or even increment.

My Firm eventually could provide a high Bonus/Performance incentive around 3-4months.

Time is changing and so the industry. Don't wait for opportunity but snatch it when you have a chance.  thumbup.gif
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Maybe it is applicable to you as auditor but not all industry can apply. To be honest if I were see someone resume like you (non-accounting) I will seriously forgone the candidate for good because it is zero loyalty. How one can gain more experience if jumping here and there as job hopper. To acquire skill in fact 6 months or 1 year can be competence to do the task but experience and network need time to build. Changing job frequently doesn't mean of getting good experience but rather it is for seeking good pay purpose.
autodriver
post Jul 26 2022, 12:08 PM

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QUOTE(canjeth @ Jul 26 2022, 09:28 AM)
How about changing jobs every 2 years+? Acceptable?
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My own opinion. Before 30 years old can change job every 2 or 3 years but when once hit 30 we must focus on 1 job role or 1 industry for further development. After 30 job change frequency should limit at 4-5 years a job at least.

I have several real cases. My friend A who grad in accounting and got a job in small accounting firm. After 1 year he join 1 MNC corporate as account payable but he switch to another local company just merely 9 months due to higher offer but this time as debt collector. Even after 30 years old he still keeping change job every 2-3 years. But thing change after 35 years old when he start finding himself difficult to get new job. Recruiters questioning him why he change job so often and most of the job he change the title remain same as senior executive. He sharing now age about 40 he is in senior executive and salary stagnant. Worse thing is during MCO time he being retrenched and jobless for nearly 1 and half year. Although he got a job now as senior executive but salary is around 4k which is similar as the time he was 30. Whereas some friends who grad same time is now become asistant manager or manager earning beyond 5k or some surpass 10k. He is regret that he did not spent time to build his network and gather enough experience in 1 company.

There are many cases employee said current company do not appreciate loyalty. However there are number of companies outside are appreciate loyalty staffs and they hope to hire. I believe majority of company do not wish to hire a staff who only work for 1-2 years then quit.
autodriver
post Jul 27 2022, 09:09 AM

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QUOTE(coolguy_0925 @ Jul 26 2022, 08:25 PM)
You mean your contract cannot resign with like 2 months notice? Similar contract jobs in my previous company allow people to resign rather than need to complete the whole tenure

And probably that is also the reason why the offer is higher as it is a contract job, which certain benefits for permanent staff do not apply to you eg. 13-mth bonus
RM4k for an experienced sounded like your friend kena lowballed or maybe he is desperate for reentering job force as even some freshies now are paid that amount
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It is hard for him to ask for 5k in a senior position at age of 40. Not many company willing to hire a senior executive at age of 40 in 5k where they can provide 4k to hire and younger staff who are more willing to learn and willing to work OT. As a male in age of 40 we should at least in position like teamleader, assistant manager or above.

For admin work freshies paid is still below 4k bar, probably in between of 2.5 - 3.5k. We can jump company to get pay rise but after age of 30 we should stay in one field and develop our professionalism. By age of 35 and above we should be in assistant manager or above level.

 

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