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 Lets Talk Salary! v2, What is the Industry Rate?We Must Unite

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Joey Christensen
post Jul 17 2009, 10:36 AM

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Graduated at 19. Executive level position. Salary RM2K++. Hmmm...considerable okie.

Regards, Joey
jacktai
post Jul 17 2009, 12:12 PM

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Might to tell what is the different between salary adjustment and increment??

Which should give higher increase??
Ken
post Jul 17 2009, 01:08 PM

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QUOTE(jacktai @ Jul 17 2009, 12:12 PM)
Might to tell what is the different between salary adjustment and increment??

Which should give higher increase??
*
normally adjustment is for promotion.

and it is quite a lot ...

example, let said your current is RM2k for a junior position and if you get promoted to senior, your paid could be adjusted to the next level at 3k++ ... each company has their own pay band ...

This post has been edited by Ken: Jul 17 2009, 01:11 PM
jacktai
post Jul 17 2009, 03:24 PM

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ic ic, too bad my job confirm Salary adjustment only increase RM50, its really a great adjustment.

sigh just a Chinaman style.
Joey Christensen
post Jul 17 2009, 04:26 PM

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RM50 for salary adjustment? Some of my friends didn't even get a single cent. Consider yourself lucky then.

Regards, Joey
electro2001
post Jul 17 2009, 04:35 PM

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Normally, non sales job will get 0-5% OR slightly more but no more than 10%.
(This is normally)
At this time/year, you are lucky if you get something.

Sales job, can be 15% - 30%.... yawn.gif
kororomen
post Jul 17 2009, 06:00 PM

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how much is salary if working in hotel as

food beverage manager/
front desk manager/
duty manager?

please advise

i got 2y working exp as professional but not related to hotel or management.
myren25
post Jul 17 2009, 08:15 PM

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Joined: Oct 2008
From: kl, seremban,malaka
Age: 23
Job Title : Facilities Engineer
Education : Bachelor Degree in Mechanical Engineering
Years spent in company : -
Company : Noted Semiconductor company
Industry : Engineering
Tenure : Permanent
Employment Level : Fresh graduate
Experience before joining : nil
Salary : RM2600 + 1 month annual bonus

Ken
post Jul 18 2009, 10:47 AM

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QUOTE(jacktai @ Jul 17 2009, 03:24 PM)
ic ic, too bad my job confirm Salary adjustment only increase RM50, its really a great adjustment.

sigh just a Chinaman style.
*
confirmation is not salary adjustment ... MNC not even has salary increase for confirmation.

as i said adjustment is for promotion, they adjust your paid to the level you promoting to.
like my fren work in 1 of the local insurance company, his paid only 2.5k for fresh and he get adjusted to 4k when promote. this also happen after 2 years work there
cCyyCc
post Jul 18 2009, 03:01 PM

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Age: 22
Job Title : Executive Administration
Job Description : Prepare departmental G&A Budget + Financial Controlller + IT + Project Manning + HSE + HR + Departmental
Administration
Years spent in company : 4 Months
Industry : O&G
Education : Degree in Business Information System Major in Knowledge Management & E-Business, Minor in Financial
Management
Employment Level : Fresh graduate
Tenure :Permanent
Experience before joining : 2 Months as IT Auditor (BAS Executive) in KPMG
Salary : RM3.5k

This post has been edited by cCyyCc: Jul 18 2009, 03:04 PM
christina143
post Jul 18 2009, 03:07 PM

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From: Penang


Age: 25
Job Title : Management Executive
Education : Bachelor Degree in Mass Communication
Years spent in company : 6 mths
Industry : Warehoouse
Tenure : Permanent
Employment Level : Executive
Experience before joining : 1 year 1/2
Salary : RM2100


pity experienced worker...

yiivei
post Jul 18 2009, 05:58 PM

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u r among 1 of the luky 1.. gud pay + challenging workscope..
debbieyss
post Jul 19 2009, 11:36 AM

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QUOTE(christina143 @ Jul 18 2009, 03:07 PM)
Age: 25
Job Title : Management Executive
Education : Bachelor Degree in Mass Communication
Years spent in company : 6 mths
Industry : Warehoouse
Tenure : Permanent
Employment Level : Executive
Experience before joining : 1 year 1/2
Salary : RM2100
pity experienced worker...
*
Hi Christina, highest salary range for PR line is around RM8k only.

If yours is english base company, RM2.1K considered standard pay according to your working experience. Most of the chinese base companies pay RM1.3K for those below 2 years working experience.
dazzywazzy
post Jul 20 2009, 12:45 PM

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lol 2 years is not 'that' experieced
jitshiong
post Jul 20 2009, 01:59 PM

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QUOTE(ahjames @ Jul 17 2009, 09:41 AM)
u should just quite ur job immediately. dont u know everyone gets around 20% annual increment in most companies???
wow 19 y.o graduate liao. star student earn 2k is underpaid liao.
*
20% annual increment?
normal practice?

i'll let u know when i get it end of this year..
lol
if i do get....

but i was surprised to know that it's that high....
dveHetal3
post Jul 20 2009, 09:17 PM

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My Bro's info working in Singapore:-

Age: 26
Title: Group Accountant
Education: ACCA
Year spend in company: 1 year
Experience before joinning: 2 years
Salary: SGD 4,300

What's your's opinion on the above?
Ken
post Jul 21 2009, 12:31 AM

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QUOTE(jitshiong @ Jul 20 2009, 01:59 PM)
20% annual increment?
normal practice?

i'll let u know when i get it end of this year..
lol
if i do get....

but i was surprised to know that it's that high....
*
higher increment normally happen in medium size local chinaman company that doesn't has 13th month salary and benefits.

MNC and local big company such as maxis only has annual increment between 5-8%. unless promotion, can reach 20%++
SUSahjames
post Jul 21 2009, 08:26 AM

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QUOTE(dveHetal3 @ Jul 20 2009, 09:17 PM)
My Bro's info working in Singapore:-
What's your's opinion on the above?
*
my question is, does he think he is underpaids?


LovePink
post Jul 21 2009, 12:32 PM

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QUOTE(Ken @ Jul 17 2009, 01:08 PM)
normally adjustment is for promotion.

and it is quite a lot ...

example, let said your current is RM2k for a junior position and if you get promoted to senior, your paid could be adjusted to the next level at 3k++ ... each company has their own pay band ...
*
my annual increment is RM200 per yr, have promoted before..but salary adjustment is only RM300...

better dont wan get promote....responsibility higher with lesser pay sad.gif
lee82gx
post Jul 21 2009, 01:57 PM

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QUOTE(jitshiong @ Jul 20 2009, 01:59 PM)
20% annual increment?
normal practice?

i'll let u know when i get it end of this year..
lol
if i do get....

but i was surprised to know that it's that high....
*
if everyone gets 20% annual increment, then a normal person with a degree retiring today should earn about RM80000 per month.

Based on entry level salary RM500 (my dad's first salary as accountant).

He ended up making a top salary of RM10k about 10 years ago when the economy was good. Just prior to retirement last year he was making RM5000 (changed job from accounting to IT).

The managing director of my MNC in M'sia local site is making RM50000/month, he is 51 and had an entry salary of RM800. This is the highest performer in a company for his ENTIRE CAREER.Considering my company had from 100 at start to 2000 ppl today, he is the best 1% or 0.05% of the population.

Based on my entry salary of RM2.7k, I would be making Rm534000 / month just before I retire, in 2034 if I have 20% increment / annum. Fingers crossed I know what to tell my boss this end year's performance review lol.

Stop the foolish comments la. 20% increment is sustainable only for the first few years of your career if you are the 95% of the population.

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