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 Let's Talk Salary v9, Sharing Thread

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kslim888
post Jan 17 2025, 02:40 AM

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Junior Member
64 posts

Joined: Apr 2019


Job Title: Staff Engineer, Mobile
Job Description: Working closely with product managers to implement new product features for Android app
Age: 29
Years spent in the company: 5 years
Company: Fintech
Industry: IT
Tenure: Full-time permanent
Employment Level: senior level
Experience before joining (years): 1 year
Highest paper qualification/ education background: Degree
Location: KL
Average Working Hours Per Week (incl lunch hours): 45

Monetary Payout
Basic Salary + Fixed Allowance: RM13,000. Allowance RM325
Contractual Bonus (months): <= 1 month
Performance, Variable Bonus & Commissions (months): Increment 3-5% per year (hearsay from my colleague). Guess I'm the outlier, increment every >= 30% based on performance

Work Flexibility (where relevant) :
Work From Home Availability: 3 days office 2 days home
Annual Leaves: 15 days
Flexi Working Hours: Yes, as long as you complete your job

Benefits (where relevant) :
Health Benefits: Clinic outpatients but I have forgotten how much. Probably >=RM500
Transport Benefits: Included in the fixed allowance. 250
Mobile / Internet / Gadget Benefits: They provide a laptop for you to work, and an RM75 fixed allowance
Other Benefits: - RM250 a year on dental


Future Prospects (personal outlook) :
Current salary against peers in the industry: Guess I'm average within my circle and industry. But definitely has more upside
Growth prospects: Already plateaued in my current company, both in position and skills set.


Where I will go from here: Thinking of jumping ship now. So there were 2 offers to me, but I'm still thinking about which can propel me to the next level for growth (gaining valuable skills and knowledge, not so much monetary although its added bonus).

So seeking all the sifu-sifu here, have any suggestions or advice for me? Thanks in advance! 🙏

Offer 1:
- Career Growth: Still can climb the corporate ladder, but it’s challenging due to being a large MNC. Can work across different technical stacks, but I need to ensure it doesn’t affect my existing responsibilities.
- Work Culture: More stringent SOPs and an older workforce.
- Offer: Basic RM12,000/month
1-month annual wage supplement
Bonus: ~2 months (assumed)
EPF: 15% employer contribution
- Work Arrangement: Hybrid (3 days in office at KLCC; may become 5 days/week).

[B]Offer 2
:
- Career Growth: Flat hierarchy; no corporate ladder. No promotion opportunities, just performance-based increments. No chance to work across different technical stacks because the company needs a senior backend to lead the team.
- Work Culture: Lax SOPs, younger and more energetic environment.
Offer: Basic RM14,000/month
Bonus: Maximum 1 month
EPF: 12% employer contribution
- Work Arrangement: Fully remote (office visits optional)


kslim888
post Jan 22 2025, 01:03 AM

Getting Started
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Junior Member
64 posts

Joined: Apr 2019


QUOTE(danscsa @ Jan 20 2025, 08:45 AM)
impressive and you are above average at least I would say, will go for offer 1 as you are at the age to grow/gain further. Look into annual package for both to compare side by side
*
Thanks! The annual packages for both sides are actually quite comparable, the difference here would be just the basic salary. bonus and employee benefits

QUOTE(Dead4Life @ Jan 21 2025, 02:49 PM)
Why your offer is less than 10% increment than your current salary range? you need to better nego your salary or else they take advantage on you. Understand you prefer to career growth, but you need to take serious matter on your monetary value (based on your exp + skillset).
*
Thanks for your advise. I actually tried to nego with them to match back with my previous basic salary. But unfortunately they can't do that. The reason they gave is this was the maximum basic that they can give + they have more employee benefits (Free one flight ticket annually, dependents can get 80-90% discounts on flight tickets, 20 days annual leave, 15% EPF, etc).

Honestly, to me, all the benefits sound amazing on paper, but I don't know will I really use them lol (especially the free flight ticket, as Im not the person that loves to travel outside of Malaysia)

Maybe the only most beneficial thing to me is their reputable name, which is good for my resume

 

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