Hye All,

I just want to see from a different perspective from different person.

So recently one of the company called me and say Im good fit for what they looking for and asked me if i interested. I quickly say yes.

I dont really feeling like going actually from the beginning, so i asked for crazy amount of expected salary (40% increment from current salary) and to my surprise they actually said im selected for the post after 3 days of IV. i was so shocked because i thought they will reject my application due to the salary i requested.

Since i got the offer and they willing to pay me that much, now im indecisive.

My current job is considered good, i had agreement with my current boss to WFH 4 days in a week and he is always flexible. I really like WFH because i save time alot from commuting to office which can waste about 3 hours everyday. Now i really do feel i have work life balance and this is what i always look for a long time previously. Its not i hate to be in office but i hate the commuting which is just a waste of time plus tiring.

So in new company i have to be in the office every day but with with RM5k different in salary is really something to think about.

My end goal, i dont want to work in corporate forever and already starting my business now. By having this time flexibility is really helpful to me in aiming for that.

Corporate world is not for me, office politics and kiss assess + i hate when people telling me and force me what to do. But i can work better if given responsibility instead of instructions.

But if i decline this opportunity I'm afraid i will regret it because for my age and experience, really hard to get that amount of increment already, im still young at early 30 years old working in IT line.

That extra income also can help me contribute to my capital injection to the business, but I will lose my time.

Hope you can give your perspective.

Cheers! TQ

It seems like you are a high income earner, so you can most likely to let go of that 5k for better working lifestyle and focus on your business.

40% 5K increment is too hard to pass, accept it, even u dont like the job u can find new job with higher last draw salary on resume. Current company also might give u a pay raise asking u to stay. With 5K u can also relocate nearer to office. Ur current WFH policy can always change by management unless is in ur appointment letter. At 30s is time to work hard not get comfortable yet.

This post has been edited by chitchat: Mar 20 2023, 07:33 AM

Few questions:
1) Is the new company a reputable company? Since you didn't mention any names, what's the employee feedback on Glassdoor, etc.?
2) Have you asked your new company about their WFH flexibility? Or die-die need to be in office 5 days a week.
3) With the business you're starting, can you compensate yourself with the additional RM5k increment they are offering? Did you calculate the additional EPF, etc.?

1) is a lesser known bank in MY. I managed to ask my ex-collegue who is working there yesterday. He said this company bit old school and lot of manual processing and also sometimes laid back (i think this depend on what department your on). Employee feedback from glassdoor etc alot mentioned about salary is not according to the market but for my case is above the market.

2) die die must be in office 5 days a week haha... its the culture there... very hard to change culture and the mindset. dont trust employee kind of culture (what i read from glassdoor)

3) my business im starting is in very early phase, managed to get some partners few weeks ago, but im positive i can have addition rm5k out of it per month but without epf employer contribution included.

Then you have to decide which is better for you in the long-run.
Old-school company is red-flag these days, as they won't be able to keep-up with competition in the long-run.
Your business is your sweat and blood. If you get flexibility from your current company to focus and grow it, it's something worthwhile in the long-run.

Why not use your new job-offer to negotiate something better from your current company?

IMHO stay at your current workplace and grow your own business.

work/life balance and health > higher pay.

12500 + 4 days WFH.
or 17500 no WFH.
--------------------------------------------------

You want big Money? dont look at figure.
Look at oppoturnity.

Salary hardly made 1 really rich and financial freedom.
( alot high income earner direct GG if lose job )

If you really dont want work corporate forever
You need to take the big step

4 Days WFH is a good start to build your own path.

that what my heart says... but my mind says otherwise when see the money $$ haha but its pretty sure very hard for me to get another 40% increment next time... im at my ceiling already... and what if business go side way...

yah right its too hard to pass... but i got abit concern bcoz with my age and year of experience im hitting the ceilling market rate already for my job. i dont think many company can hire me with higher salary than this if i want to jump nxt time.

current company wont give another pay rise bcoz i jst recently got a pay rise. and you are right i thought about that too, i can relocate nearer to the office but again its not about commuting alone. i forgot to mention the most important factor here... the time with my family... it is not that i want to be comfortable much but i just want to have more time with my dad... i worked hard in my 20s i dont have time with my family... im not coming from a rich background... so sad that my mom passed away and i nver been able to repay her and spend on her to life more comfortable... i regret everytime i think about it this and i dont want to do the same to my dad... now i have time for my dad, i went back to my hometown every 2 weeks and sometimes bring him here and there (because im able to work anywere)... my dad is all alone now in kampung...

guys thanks for your feedback! i just hope my reading here can give me reassurance of what im going to decide later...

u mentioned work life balance is important to you at this time and u should prioritize it .
is work life balance is more than 5k worth it ?

let's look at this way

i'm sure you can always ask for increment in the future in any company

but not many companies is willing to offer WFH flexibility

If i were you, i would continue to stay because WFH is really hard to come by. But increment will always be there.

Stay there

For local bank IT, you must be prepared for superb high tension or just fall into slacking/comfort zone (but need to build relationship in order to maintain, pushing everything to vendors). Definitely not much chance of work life balance

short answer, Move.

there is no such thing as no corporate life forever. when you start your business there's always politics and competition internally and externally

What is important for you. having more free time but takes many more years to fund your business? or work hard for 5 years in the new company to fund for your business. assuming no change in lifestyle you're saving 5k saving per month that is 60k per year, by 5th year you have 300k good to start up a business.

having flexible time is not an excuse. I think its best describe, you're comfortable with your current work schedule and lifestyle. but you're still complaining low wage, which is why you're fishing for opportunity. But once you got the pay you want, you're questioning whether you should leave your comfort zone. Which triggers you to question your reason to reject the offer.

There is no such thing as losing time. you plan for your business accordingly. if you cannot cope with the workload and timing, hire another worker to carryout the work. with 5k you can probably hire a fresh executive or a diploma experience worker to run your business chore.

It's been like that for ages. Same thing everywhere here tbh

Wow...you've summed up pretty solid there. Even though im not the TS, thanks for the perspective and insight.

no worries mate. When everyone sees success in entrepreneurship, they think its easy and rosy. what you see online are the very little percentage of successful people. However there are a large number of people whom failed and never disclose the world about it. some lost their life long savings. some sinked in endless debts. there are even those i know, owe ah long, ran away or committed suicide. You might ask, eh, why would they resort into borrowing ah long? when your business sinks hard with endless pit but trying to keep it afloat, you got no avenue to take up loan or borrow money. at that depth of debt, you would usually face issues on committing repayment, resulting in low CTOS and CCRIS scores. No banks is willing to show mercy. While AKPK may facilitate in restructuring, you're taking years or decades of hardwork, just to climb out of that nasty hole. In no way i'm scaring anyone, but I'm giving an heads up the difference between self employed and being employed. being employed, you'll always know by 28th or last day of the month you will get a fixed salary. For self employed, not so. and if you have subordinates, good luck if you do not get enough profit to pay for their wage. Your workers can report to the authorities after the 7th of the month and you will get into major trouble.

My advise, start the business when you know you can run full time with at least 1 year without salary and cashflow to keep the business afloat. if not work in tandem, its very very hard, but its one way to keep your business funded by your primary daily job and insured that if you drop the business, you still have a host to rely on giving you a monthly $$.

So good, anyhow I understand your stand.
Whichever move you make, there is no right or wrong.
I will respect and support your decision.
Would you mind to PM me which IT line is so making money?

TS not interested in office work
but need it as capital for business
please lah, you have to be fair to your new employer
they want someone 100% focused on the job
Not someone who just want to come to earn $$$ until they have enough capital then leave.

Please don't take the job since you are not interested.

Ts, did you accept the job?