Is it possible to get salary increment 10% yearly at your current company and 30%-70% for jumpship/new company?
10%

30%

30-70% salary increment?
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Mar 21 2023, 09:54 AM, updated 3y ago
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#1
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Junior Member
147 posts Joined: Jan 2020 From: Georgetown, Penang |
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Mar 21 2023, 09:56 AM
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#2
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Junior Member
200 posts Joined: Oct 2009 From: Kuala Lumpur, Selangor |
So you think anyone can get 10% yearly increment for decades without promotion or moving up corporate ladder?
You should first see if the company able to consistently increase their profit 10% every year. This post has been edited by bashlyner: Mar 21 2023, 09:57 AM |
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Mar 21 2023, 09:58 AM
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#3
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Junior Member
147 posts Joined: Dec 2011 |
In Malaysia, if U can get 1-5% increment yearly also consider lucky.
10-30% increment is rare. Usually can only get if jump |
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Mar 21 2023, 10:01 AM
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#4
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67 posts Joined: Jun 2018 |
i think shopee used to give 20-30% increment, but now no more
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Mar 21 2023, 10:02 AM
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#5
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723 posts Joined: Jan 2015 |
Don't know about managerial role. But for usual staff or executive level, forget about the 10% annual increment(Not sure if there is indeed a company that really raised 10% pay for their staffs).
In change company, more than 10% increment that's for sure. Unless you don't know how to negotiate. |
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Mar 21 2023, 10:02 AM
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#6
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979 posts Joined: Jan 2022 |
Not possibles
Increment and promotion is 2 diff thing U get increment 10 percent - so far I never heard any company in this current climate give this. Majority is 3 to 5 percent la from what I heard based on 5 to 6 company in tech As for promotion if u get promoted every year something wrong So best is to jump jobs every 1 or 2 years |
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Mar 21 2023, 10:03 AM
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#7
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520 posts Joined: Jul 2008 |
me 6% + some addtional allowance, thx to gomen.
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Mar 21 2023, 10:05 AM
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#8
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397 posts Joined: Feb 2007 |
Realistically, no. Annual salary increment is usually around 4-6% and that's if your company is doing quite well (ex: PETRONAS). If you want to get 10% increment, it's either a counter-offer from your employer to retain you, a promotion or you jump ship. I wouldn't recommend jumping ship for 10% increment though. At least 15% but on average, 20-30%. If you're lucky, you can get 50-60% increment especially if you're joining a high-paying industry. It happened to me once and my salary went from RM3000 to RM4800. Felt like winning the lottery. hahaha This post has been edited by lamusiqa: Mar 21 2023, 10:11 AM NightFelix liked this post
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Mar 21 2023, 10:11 AM
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#9
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121 posts Joined: Apr 2011 |
Yearly salary increment is benchmarked against inflation. 6% is pretty high.
Salary adjustment is done when company benchmark against the market level they prefer. It can be a straight one big jump or done in incremental by year. Jumping will yearn higher because 1) ppl is desperate for worker, 2) your salary is probably under market standard. One thing you guys need to know, not all "lowballing" is done intentionally. Sometimes, your current pay is already above the new company pay range or market standard. I am not justifying it is right to do so, cause it is more appropriate to just reject the candidate. But sometimes, ppl do stupid things. As usual, Malaysian loves to try everything. This post has been edited by Blackscreamerz: Mar 21 2023, 10:11 AM |
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Mar 21 2023, 10:12 AM
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336 posts Joined: Mar 2017 |
Managerial supervisor post ada so high increment ?
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Mar 21 2023, 10:13 AM
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121 posts Joined: Apr 2011 |
The current standard flow in the market is go in new job > gain experience > feel underpaid > company slow to adjust salary > jump new job.
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Mar 21 2023, 10:14 AM
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336 posts Joined: Mar 2017 |
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Mar 21 2023, 10:16 AM
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#13
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253 posts Joined: Jul 2021 |
5-6% usually but this 2023 I got 8% which is quite lucky...
if count Nov 2022+ March, I got a 17% raise without jump company... which is quite good ... |
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Mar 21 2023, 10:18 AM
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2,746 posts Joined: Mar 2006 From: 21st century |
even big company i see max max 3-5%.
To get >10% is either they reflect market rate, cause u r underpay or give promotion This post has been edited by munak991: Mar 21 2023, 10:18 AM |
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Mar 21 2023, 10:21 AM
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397 posts Joined: Feb 2007 |
QUOTE(Blackscreamerz @ Mar 21 2023, 10:11 AM) Yearly salary increment is benchmarked against inflation. 6% is pretty high. I'd rather have the recruiter reject my job application based on my expected salary rather than allowing the hiring manager to invite me to go on an interview and then lowball me. Happened to me once when I went for an interview at ASTRO. They offered me an increment less than RM100 because my "salary bracket" is almost maxed out for the position.Salary adjustment is done when company benchmark against the market level they prefer. It can be a straight one big jump or done in incremental by year. Jumping will yearn higher because 1) ppl is desperate for worker, 2) your salary is probably under market standard. One thing you guys need to know, not all "lowballing" is done intentionally. Sometimes, your current pay is already above the new company pay range or market standard. I am not justifying it is right to do so, cause it is more appropriate to just reject the candidate. But sometimes, ppl do stupid things. As usual, Malaysian loves to try everything. rtk73 liked this post
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Mar 21 2023, 10:24 AM
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121 posts Joined: Apr 2011 |
QUOTE(lamusiqa @ Mar 21 2023, 10:21 AM) I'd rather have the recruiter reject my job application based on my expected salary rather than allowing the hiring manager to invite me to go on an interview and then lowball me. Happened to me once when I went for an interview at ASTRO. They offered me an increment less than RM100 because my "salary bracket" is almost maxed out for the position. Some managers have a very weird taste, thinking ppl come to apply because our company is "great". |
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Mar 21 2023, 10:27 AM
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#17
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840 posts Joined: Feb 2013 |
QUOTE(Napalm_man @ Mar 21 2023, 10:02 AM) Don't know about managerial role. But for usual staff or executive level, forget about the 10% annual increment(Not sure if there is indeed a company that really raised 10% pay for their staffs). There is. A glc. Not mnc. Production/factory company. Wont reveal further.In change company, more than 10% increment that's for sure. Unless you don't know how to negotiate. But of course once you are near that managerial role, the salary becomes higher and increment getting lower. |
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Mar 21 2023, 10:27 AM
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397 posts Joined: Feb 2007 |
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Mar 21 2023, 10:28 AM
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2,162 posts Joined: Sep 2004 |
Only if you're Rafizi
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Mar 21 2023, 10:29 AM
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455 posts Joined: Jul 2006 |
so far 3-4 chinaman company increment only 2-5%
my last employment at MNC company 0% increment bcoz contract based each time change job, highest is 55%, but only once, normal times is only 5-10% increase only, employers like to puch salary down, just bcoz my salary is not that high, they cant give me high salary, what logic is that i also dunno, got one even better said i cnat give u ur expected salary bcoz the max jump we can give is 250 only....haha |
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