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

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jitshiong
post Jul 21 2009, 02:30 PM

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QUOTE(lee82gx @ Jul 21 2009, 01:57 PM)
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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totally agree with u on that
Ken
post Jul 21 2009, 03:38 PM

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QUOTE(LovePink @ Jul 21 2009, 12:32 PM)
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
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adjustment is still depend each company policy.

RM300 is your company policy ... at least it is higher then normal increment.

if you don't want get promote, you wont have any career advancement and your paid will be stuck at 1 level even you reach 50 years old and only depend the yearly increment.
ayil
post Jul 22 2009, 04:27 AM

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ya, i agree with ken.. usually they will get at least 10-20% increment.
jacktai
post Jul 22 2009, 11:56 AM

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QUOTE(ayil @ Jul 22 2009, 05:27 AM)
ya, i agree with ken.. usually they will get at least 10-20% increment.
*
The normally 10-20% increment are applicable when you move to new Co. As normally Co. only give increment 2-8%. Only if you very lucky can get 10%.

Last year my Co. no increment & no bonus. Even if have only about RM50-100 increase, which are 2-5%.

This post has been edited by jacktai: Jul 22 2009, 11:57 AM
jiaoer
post Jul 23 2009, 08:11 AM

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Joined: Mar 2009
Age: 23
Job Title : Manual Design
Job Desciption : Design instruction manual
Years spent in company : 1 months +
Company : Japan Company
Industry : Factory
Tenure : Permenant
Employment Level : Fresh
Experience before joining : Fresh graduate
Salary : RM 1.8k (No increment after 6months probation)

Is it okay?

This post has been edited by jiaoer: Jul 23 2009, 08:16 AM
Joey Christensen
post Jul 23 2009, 09:41 AM

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Since yu are a fresh meat in the market, I suggest yu work for at least 1 year if yu are okie with the company. Absorb as much as possible and if there's an opportunity elsewhere, go for it.

6 months probationary period? Hmmm...

Regards, Joey
jiaoer
post Jul 23 2009, 10:16 AM

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yes,6months.
after working for 1 month, don feeling got any future at here...
SowYau
post Jul 23 2009, 10:40 AM

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QUOTE(Joey Christensen @ Jul 23 2009, 09:41 AM)
Since yu are a fresh meat in the market, I suggest yu work for at least 1 year if yu are okie with the company. Absorb as much as possible and if there's an opportunity elsewhere, go for it.

6 months probationary period? Hmmm...

Regards, Joey
*
6 months is a norm, i suppose. Ranging from government sectors & big companies.
Joey Christensen
post Jul 23 2009, 10:41 AM

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Simple solution: Search for a new job. Tender resignation once yu found and confirm yu got a new job. Please take note on the resignation serving period too.

Regards, Joey

Added on July 23, 2009, 10:43 am
QUOTE(SowYau @ Jul 23 2009, 10:40 AM)
6 months is a norm, i suppose. Ranging from government sectors & big companies.
*
I knew.

Regards, Joey

This post has been edited by Joey Christensen: Jul 23 2009, 10:43 AM
jacktai
post Jul 23 2009, 10:45 AM

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If you don't satisfy to the current job, just get a new job, then resign.
juicyjessy
post Jul 23 2009, 10:54 AM

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i work at japanese MNC company in KL as admin staff. yearly increment is about 8-15%. Bonus about 3-5months/year. which mean it's very good alr lor.

by the way, would like to know how do we ask for new pay if jump to new company? base on basic salary or annual income (basic+bonus)? Anyone know?

Thank you ya...
Joey Christensen
post Jul 23 2009, 12:33 PM

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Basic salary, all in.

Regards, Joey
jacktai
post Jul 23 2009, 12:39 PM

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Some Co. will need you to fill up the bonus applicable, allowance and etc for your previous Co. when fill in the job application form.
yiivei
post Jul 23 2009, 07:06 PM

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QUOTE(dveHetal3 @ Jul 20 2009, 09:17 PM)
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?
*
high.. but i quite sceptic bout the word "group" accountant? does he needs to do consolidation? wat is his jobscope?
dveHetal3
post Jul 23 2009, 10:25 PM

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QUOTE(yiivei @ Jul 23 2009, 07:06 PM)
high.. but i quite sceptic bout the word "group" accountant? does he needs to do consolidation? wat is his jobscope?
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Ya, he performs group consolidation and review of subsidiary and parent company's accounts for a public company.
Micky78
post Jul 23 2009, 11:48 PM

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with 3 yrs accounting experience can get group accountant post, seem a heavy responsiblity but no equaly match with the salary...

is he work in Big 4 Accounting firm before join this company?
juzagenius
post Jul 24 2009, 01:15 AM

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edited, rclxms.gif

This post has been edited by juzagenius: Jul 25 2009, 07:42 PM
BerLaCan
post Jul 24 2009, 11:02 PM

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Joined: Jul 2009
Job Title : Information Technology Support Engineer
Job Desciption : Network Infrastructure + Web Design ( Open Source ) + Database + Server and Application Support + Project Implementation Group Leader
Qualification : BA, Major Business Information System
Years spent in company : 4+ (part time)
Company : IT Solution Integrator
Industry : Information Technology
Tenure : Permanent

Experience before joining : Sales and Accountant (part time) - 2 years , Pure IT related - 4+ year (part time)
Salary : RM 6700

Any comment is appreciated. Need advice if I should look for a better pasture?

Thanks
vin_ann
post Jul 25 2009, 01:05 PM

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QUOTE(ahjames @ Jul 21 2009, 08:26 AM)
my question is, does he think he is underpaids?
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agreed with you.


2mystore
post Jul 27 2009, 11:21 PM

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high salary also useless as my posted few day no response too

【聘】 客服专员@Puchong 【RM1,800 - 3500】★
Serior Engineer for IT/MIS support field email
2mystore@gmail.com
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