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TSAshenOne
post Jan 15 2024, 09:58 PM, updated 2y ago

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Anyone can shed some light on this?
Today I went to HR to find out about some policy matters, the HR was away, I saw a document somewhere in her desk with many names, they are familiar names, mine is also included in it.
Turned out it is showing me the current pay of everyone, and I am so utterly shocked to find out I am the lowest pay among them.
Most of them are 8k or above, a few are 9k.

I don't know what to feel about this after seeing this, it cannot be unseen.
I am one of the few people that's handling 2 projects, the rest only handle less, so I felt terrible putting in the efforts and being taken advantage of my low pay compared to peers.
My peers always complain to me they have low pay, judging they are slightly older than me, I assume they are low range, but actually quite high? I feel like they are messing with me now.

The good news is, I got headhunted recently to join few months later.
But after today's incident, I am not sure if I am being fooled this time again or not. IF YES, WHY NOT, RIGHT??????

This post has been edited by AshenOne: May 25 2024, 02:37 PM
Roadwarrior1337
post Jan 15 2024, 10:01 PM

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What is ssc?

Acca I know la
kesvani
post Jan 15 2024, 10:13 PM

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QUOTE(Roadwarrior1337 @ Jan 15 2024, 10:01 PM)
What is ssc?

Acca I know la
*
Accountant for Shared service center

This post has been edited by kesvani: Jan 15 2024, 10:14 PM
jordin.spark
post Jan 16 2024, 11:50 AM

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QUOTE(Roadwarrior1337 @ Jan 15 2024, 10:01 PM)
What is ssc?

Acca I know la
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You make me laugh
spoonudus
post Jan 16 2024, 02:45 PM

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10k salary vs 6.9k, no brainer if the job is similar. Even with 13th month salary, total is still around 90k, vs 120k annual salary for new place.
TSAshenOne
post Jan 16 2024, 07:07 PM

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QUOTE(spoonudus @ Jan 16 2024, 02:45 PM)
10k salary vs 6.9k, no brainer if the job is similar. Even with 13th month salary, total is still around 90k, vs 120k annual salary for new place.
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I know is a no brainer, but i am just wondering if i am still categorised as underpaid in my age bracket.

You know it feels so bad when you're nearly 7k but not yet touched it, while your colleagues in the same team are 8k and above, i am doing almost the same thing as them, if not more.

1k plus gap with them. It feels worse every sec since knowing it yesterday. I've been scammed for 2 years straight.

This post has been edited by AshenOne: Jan 16 2024, 07:07 PM
Femsroot
post Jan 16 2024, 07:15 PM

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I understand this is Job and Careers but i really wanna say this. ppl say account people petty and u just proof everyone right!

halo. u should count your blessing that u know now that u are precious!

forget about the past two years and move forward.

u can now throw in a letter to your boss requesting a raise due to your workload and bla bla bla. dont threaten to resign. u r professional so be professional.

second. resign and move to another one. every choice got pro and con. as a young adult now u should think of other ppl opinions so much. u get a u will lose b. sometimes money is not everything.

i say move forward and smile now that u know something u are far more capable than those earning more than u!

This post has been edited by Femsroot: Jan 16 2024, 07:15 PM
opjust
post Jan 16 2024, 10:02 PM

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QUOTE(AshenOne @ Jan 15 2024, 09:58 PM)
Anyone from accountancy / finance field can shed some light on this?
Today I went to HR to find out about some policy matters, the HR was away, I saw a document somewhere in her desk with many names, they are familiar names, mine is also included in it.
Turned out it is showing me the current pay of everyone, and I am so utterly shocked to find out I am the lowest pay among them, at close to 7k, not even reaching 7k.
Most of them are 8k or above, a few are 9k.

I don't know what to feel about this after seeing this, it cannot be unseen.
I am one of the few people that's handling 2 countries (typical in SSC setting), the rest only handle 1 country, so I felt terrible putting in the efforts and being taken advantage of my low pay compared to peers.
My peers always complain to me they have low pay, judging they are slightly older than me, I assume they are 7k to 8k range, but starting from 8k? I feel like they are messing with me now.

I understand there is 1 person who is younger than me by 1 year, she left as audit senior in big 4, her pay became 8k after she joined here.
I was in big 4 audit for first 2 years then joined another Co as SSC accountant for 2 years, 3k+ jump to 5.5k.
Then jump to current SSC Co for 6.5k despite me requesting 7k, lowballed by 500.

I am very close to 30 y/o at this point, most colleagues are older than me by 1 or 2 years, so they are early 30s.
Tell me, am I being fooled all these 2 years I spent in this Co? (total work years 2 + 2 + 2 = 6)

The good news is, I got headhunted recently to join few months later as Commercial accountant who manages quite a number of juniors, pay risen from 6.9k to 10k.
But after today's incident, I am not sure if I am being fooled this time again or not.

Note 1: SSC has 13th month salary, my 10k job doesn't.
Note 2: My peers and I have ACCA qualification, the only difference is they have 2 - 3 years more audit experience compared to me, but about the same years of total work experience.
Note 3: SSC is shared service center, aimed at cutting cost by letting one person to handle more than 1 country's account, imagine paying the SSC person MYR by terminating the accountant at Australia or any country with stronger currency than MYR, the cost saving is real.
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1. If your understanding SSC aimed at cutting cost alone by letting one person to handle more than 1 countries, my humble opinion you need to learn more
2. You’re not happy with salary - check with HR or your manager
3. Each role will have a salary range - you agreed on that salary in the 1st place, your salary is based on your task and your experiences
4. No amount is enough - ppl will always complaint no matter how much they get, what are you doing to manage this is far more important

This post has been edited by opjust: Jan 16 2024, 10:03 PM
TSAshenOne
post Jan 16 2024, 11:18 PM

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QUOTE(opjust @ Jan 16 2024, 10:02 PM)
1. If your understanding SSC aimed at cutting cost alone by letting one person to handle more than 1 countries, my humble opinion you need to learn more
2. You’re not happy with salary - check with HR or your manager
3. Each role will have a salary range - you agreed on that salary in the 1st place, your salary is based on your task and your experiences 
4. No amount is enough - ppl will always complaint no matter how much they get, what are you doing to manage this is far more important
*
Regarding your comment on ssc understanding, I'm thinking that's the big summary of it, is my understanding of it misleading? It'll be nice if you would add what am i missing on the understanding, I'm already doubting myself making this thread, this remark of yours just made it worse, it'll be kind of you to dispel my doubt at least on what is ssc to you.

Can't really argue about that i accepted the salary in the first place.

I always knew there is a gap, but not this big, anyway i did voiced my concern to my manager and he tried give me a list of things to do to achieve my goal, so that he can proposed the desired amount. I did what he said and now he's telling me the higher up is not approving the extra increment and give me the regular increment instead. I was extremely lucky to land that 10k job and not wait for this bad news. I knew somehow this manager can't be trusted.
optprime
post Jan 17 2024, 08:08 AM

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Did they ask you about your salary expectation during interview or did they ask you to submit your previous company salary slips?
Perhaps other candidates were earning more than you in your previous company?
opjust
post Jan 17 2024, 10:03 PM

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QUOTE(AshenOne @ Jan 16 2024, 11:18 PM)
Regarding your comment on ssc understanding, I'm thinking that's the big summary of it, is my understanding of it misleading? It'll be nice if you would add what am i missing on the understanding, I'm already doubting myself making this thread, this remark of yours just made it worse, it'll be kind of you to dispel my doubt at least on what is ssc to you.

Can't really argue about that i accepted the salary in the first place.

I always knew there is a gap, but not this big, anyway i did voiced my concern to my manager and he tried give me a list of things to do to achieve my goal, so that he can proposed the desired amount. I did what he said and now he's telling me the higher up is not approving the extra increment and give me the regular increment instead. I was extremely lucky to land that 10k job and not wait for this bad news. I knew somehow this manager can't be trusted.
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I think you need to understand why SSC able to perform multiple countries with a single resource, that’s why there’s more and more GBS/SSC organisation growing here in MY. We are top 3 destination for GBS. We are talking about US$5billion and expecting to grow to US$7 billion in 2025 industry in MY and we are definitely not the cheapest in APAC. If SSC aim at cutting cost alone might as well do that in India/indonesia

You did the right thing by asking and leave with better offer and based on my experience off cycle salary adjustment is not easy unless you’re really top performer. Even then, it’s not easy with all the tight budget these days.
sweet_pez
post Jan 18 2024, 09:44 AM

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QUOTE(AshenOne @ Jan 16 2024, 11:18 PM)
Regarding your comment on ssc understanding, I'm thinking that's the big summary of it, is my understanding of it misleading? It'll be nice if you would add what am i missing on the understanding, I'm already doubting myself making this thread, this remark of yours just made it worse, it'll be kind of you to dispel my doubt at least on what is ssc to you.

Can't really argue about that i accepted the salary in the first place.

I always knew there is a gap, but not this big, anyway i did voiced my concern to my manager and he tried give me a list of things to do to achieve my goal, so that he can proposed the desired amount. I did what he said and now he's telling me the higher up is not approving the extra increment and give me the regular increment instead. I was extremely lucky to land that 10k job and not wait for this bad news. I knew somehow this manager can't be trusted.
*
Good news is that you brought it up and tried talking to them. Since they refused to make the salary adjustment, you've got no choice but to jump over to new company (since work is similar). With higher pay comes higher expectation, just need to manage that.

You may want to raise this with the HR Manager as well to notify him/ her about the request on salary adjustment, or raise it up during exit interview.


Blofeld
post Jan 19 2024, 09:16 AM

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this is normal. That's why companies have this policy that 'salary is confidential and you must not reveal to your colleagues'.

some r overpaid, some r underpaid

if u want higher pay, either move to another job or impress your boss.

In SSC, you need to take initiative to suggest process improvement to your bosses. If you just wait for tasks and projects to be handed to you, then you are just another regular employee.

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