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 Resigned after 10 years, Happy but scared at the same time

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TSAqidah
post Aug 8 2022, 10:05 AM, updated 4y ago

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So i was with this MNC company for more than 10 years and decided to quit and jump ship to a medium consultant firm. I've more than 16 years of work experience too..

Reason is :

1. After 10 years my basic salary is still consider underpaid in my line

2. Management prefer to promote fresh face and newbies

3. Working environment is becoming toxic

4. My own career development is being halt by my management

5. Lack of manpower is getting worse - i'm doing a 4 person jobs at the moment

6. I started to lost the passion and joy in my works

But the good news is new company is paying me more than 1.5k different. Plus the workplace is just 5-10min commute from my house. Current one is 30min unless i need to go to site then become 1hour plus.

I'm scared (probably coz jumping ship from top gun to lil gun) but at the same time happy as finally leaving this environment. A lil bit unsettling feeling coz i dunno how the new place gonna be also..

Wish me luck peeps and please share any similar experience u have similar to me ?


lakini80
post Aug 8 2022, 10:09 AM

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what is the MNC?
US based company?
I am wondering what will be your yearly increment rate?
TSAqidah
post Aug 8 2022, 10:13 AM

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QUOTE(lakini80 @ Aug 8 2022, 10:09 AM)
what is the MNC?
US based company?
I am wondering what will be your yearly increment rate?
*
No its a Malaysian conglomerate company but has been strong for more than 50 years with subsidiaries in property, construction, medical, education etc.

Yearly increment rate on good year is 7% but normally is around 5% (but this is from my subsidiaries view).

This post has been edited by Aqidah: Aug 8 2022, 10:13 AM
COOLPINK
post Aug 8 2022, 10:13 AM

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if you know your self worth there is nothing to worry about jumping to another working environment.
only problem is the people.
whether your new colleagues are good or not, is hard to say.
if not either you change to adapt or find a new place.

all the best, i think you made the right move.
TSAqidah
post Aug 8 2022, 10:18 AM

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QUOTE(COOLPINK @ Aug 8 2022, 10:13 AM)
if you know your self worth there is nothing to worry about jumping to another working environment.
only problem is the people.
whether your new colleagues are good or not, is hard to say.
if not  either you change to adapt or find a new place.

all the best, i think you made the right move.
*
Yes i know i made the right choice to jump but the jumping ship i still need time to evaluate.

Worse case.. Jump ship again after gained some new knowledge.
pkf2006
post Aug 8 2022, 10:58 AM

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You made the correct decision to jump the ship now. This is normal in banking industry which everyone keep jumping around every 2-3 years to pump their salary and gain new exposure / experience in the same time. Don't feel hesitate or regret with your decision, this is wise choice. If you stay longer again, the employer may not feel comfortable to hire you as 10-15 years in the same company will give them an impression that candidate is already in the comfort zone.

Good luck and all the best for your new chapter.
Topace111
post Aug 8 2022, 11:14 AM

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Jumping when you push & pull factor is no-brainer.

When you have only push factor but no pull factor, treat your new place as temporary platform until you find a better place.

When there is plenty of pull factor but no push factor, prepare to work harder to adjust from comfort zone.

When you have neither, just treat it as refresh of environment and assess again in 1 year
nihility
post Aug 8 2022, 11:19 AM

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QUOTE(Aqidah @ Aug 8 2022, 10:13 AM)
No its a Malaysian conglomerate company but has been strong for more than 50 years with subsidiaries in property, construction, medical, education etc.

Yearly increment rate on good year is 7% but normally is around 5% (but this is from my subsidiaries view).
*
UEM Builders, Ace Vector ?
ionStorm
post Aug 8 2022, 11:23 AM

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QUOTE(Aqidah @ Aug 8 2022, 10:05 AM)

1. After 10 years my basic salary is still consider underpaid in my line

2. Management prefer to promote fresh face and newbies

5. Lack of manpower is getting worse - i'm doing a 4 person jobs at the moment

6. I started to lost the passion and joy in my works

I'm scared (probably coz jumping ship from top gun to lil gun) but at the same time happy as finally leaving this environment. A lil bit unsettling feeling coz i dunno how the new place gonna be also..
*
Anyone who stays will always be underpaid. Employers, like any other human being, always want more for less.

A change of state ie. jumping will always be a bit scary because you take on new risks. You are essentially being rewarded for taking on new risk. Get comfortable with risk and you will be rewarded well.

Good luck.
TSAqidah
post Aug 8 2022, 11:25 AM

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QUOTE(nihility @ Aug 8 2022, 11:19 AM)
UEM Builders, Ace Vector ?
*
Hmm.. Since u insist.. Sunway.

QUOTE(Topace111 @ Aug 8 2022, 11:14 AM)
Jumping when you push & pull factor is no-brainer.

When you have only push factor but no pull factor, treat your new place as temporary platform until you find a better place.

When there is plenty of pull factor but no push factor, prepare to work harder to adjust from comfort zone.

When you have neither, just treat it as refresh of environment and assess again in 1 year
*
This new place is offering me new skillset that i cant get in my current workplace. Once i hone this skills to near perfection i'm gonna try for another MNC company using this new set of skills as my advantages.

This post has been edited by Aqidah: Aug 8 2022, 11:36 AM
nihility
post Aug 8 2022, 11:41 AM

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QUOTE(Aqidah @ Aug 8 2022, 11:25 AM)
Hmm.. Since u insist.. Sunway.
*
Ah...I missed out Sunway also have healthcare in their portfolio. Not many conglomerate have healthcare in their portfolio.
Deathscythe@@
post Aug 8 2022, 11:48 AM

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I have a ex-colleague also resigned after working for 10 years.. Better career prospects+ giving himself a chance to go for next level...
nihility
post Aug 8 2022, 11:50 AM

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It is scary because you are dealing with "unknown" environment. Once you get adapted to the new environment, it may not be a scary anymore. I think the worst will be on how to blend into the new working culture / office politics.

Office politics, anywhere you go, it is always there. It is going to test your ability to deal with different peoples.

No Eyedea
post Aug 8 2022, 11:58 AM

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QUOTE(Aqidah @ Aug 8 2022, 10:05 AM)
So i was with this MNC company for more than 10 years and decided to quit and jump ship to a medium consultant firm. I've more than 16 years of work experience too..

Reason is :

1. After 10 years my basic salary is still consider underpaid in my line

2. Management prefer to promote fresh face and newbies

3. Working environment is becoming toxic

4. My own career development is being halt by my management

5. Lack of manpower is getting worse - i'm doing a 4 person jobs at the moment

6. I started to lost the passion and joy in my works

But the good news is new company is paying me more than 1.5k different. Plus the workplace is just 5-10min commute from my house. Current one is 30min unless i need to go to site then become 1hour plus.

I'm scared (probably coz jumping ship from top gun to lil gun) but at the same time happy as finally leaving this environment. A lil bit unsettling feeling coz i dunno how the new place gonna be also..

Wish me luck peeps and please share any similar experience u have similar to me ?
*
Congratulations!

Had a previous situation in my previous company where hard work and initiative did not get promotions but the skill of office politics, which admittedly i suck at.

All the best in your new job and always be looking out for opportunities.

There is no such thing as loyalty to a company, the only loyalty is to your self and growth.
TSAqidah
post Aug 8 2022, 01:23 PM

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QUOTE(nihility @ Aug 8 2022, 11:50 AM)
It is scary because you are dealing with "unknown" environment. Once you get adapted to the new environment, it may not be a scary anymore. I think the worst will be on how to blend into the new working culture / office politics.

Office politics, anywhere you go, it is always there. It is going to test your ability to deal with different peoples.
*
I've tried put up with it for 4 years and its getting worse to the point its affecting my works. Hence.. The bye bye..

Ironically. My own Manager kind a accept my resignation but the Head HR call me in after few days and have a 'long' talk with me and try to persuade me to stay altho he's not pushy.

Then i heard from him that other Managers complain that i resign (apparently i'm a favorite to them).

QUOTE(Deathscythe@@ @ Aug 8 2022, 11:48 AM)
I have a ex-colleague also resigned after working for 10 years.. Better career prospects+ giving himself a chance to go for next level...
*
Yes. Recently finish my Master also so i think its time i go for the next level since i can't get it here.

QUOTE(No Eyedea @ Aug 8 2022, 11:58 AM)
Congratulations!

Had a previous situation in my previous company where hard work and initiative did not get promotions but the skill of office politics, which admittedly i suck at.

All the best in your new job and always be looking out for opportunities.

There is no such thing as loyalty to a company, the only loyalty is to your self and growth.
*
Thank you bro.. I like ur attitude as i suck in sucking up to management also. I'm the one that usually put up with all the hard works rather than ordering people around.

Hopefully the grass is a lil bit greener on the other side. Finger cross and will try my best biggrin.gif
Jennypenny
post Aug 8 2022, 01:32 PM

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QUOTE(Aqidah @ Aug 8 2022, 10:05 AM)
So i was with this MNC company for more than 10 years and decided to quit and jump ship to a medium consultant firm. I've more than 16 years of work experience too..

Reason is :

1. After 10 years my basic salary is still consider underpaid in my line

2. Management prefer to promote fresh face and newbies

3. Working environment is becoming toxic

4. My own career development is being halt by my management

5. Lack of manpower is getting worse - i'm doing a 4 person jobs at the moment

6. I started to lost the passion and joy in my works

But the good news is new company is paying me more than 1.5k different. Plus the workplace is just 5-10min commute from my house. Current one is 30min unless i need to go to site then become 1hour plus.

I'm scared (probably coz jumping ship from top gun to lil gun) but at the same time happy as finally leaving this environment. A lil bit unsettling feeling coz i dunno how the new place gonna be also..

Wish me luck peeps and please share any similar experience u have similar to me ?
*
Jumping ship can be scary

But, it gives you a new perspective.

Try the new place, you may like it, you may not. But, you are giving yourself a shot.

I have changed four companies before I found my current fav company.

I have around 18 years working experience

TSAqidah
post Aug 8 2022, 01:39 PM

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QUOTE(Jennypenny @ Aug 8 2022, 01:32 PM)
Jumping ship can be scary

But, it gives you a new perspective.

Try the new place, you may like it, you may not. But, you are giving yourself a shot.

I have changed four companies before I found my current fav company.

I have around 18 years working experience
*
At least it comes with an attractive salary and easy work commute for me. Maybe that can make it works for me.. For at least a while.

I would still prefer a MNC or GLC company to settle down wub.gif
metalfire
post Aug 8 2022, 01:43 PM

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grass is always greener on the other side...good luck and strive on.
nihility
post Aug 8 2022, 02:01 PM

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QUOTE(Aqidah @ Aug 8 2022, 01:23 PM)
I've tried put up with it for 4 years and its getting worse to the point its affecting my works. Hence.. The bye bye..

Ironically. My own Manager kind a accept my resignation but the Head HR call me in after few days and have a 'long' talk with me and try to persuade me to stay altho he's not pushy.

Then i heard from him that other Managers complain that i resign (apparently i'm a favorite to them).
*
Highly likely you are going to survive & blend well with the new environment if such is the case.
mataharih
post Aug 8 2022, 10:52 PM

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It’s good that you have the drive to try something new, especially since you were already aware that management was trying to stifle your growth. Most importantly, you’re earning more, and you can use this new experience to upskill yourself and get that MNC/GLC job in a few years.

BTW, once you get used to your new work environment, you’ll feel like you’ve been there decades instead of months lol.


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