Seeking advice on Career jump - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Seeking advice on Career jump

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 30-08-2010, 03:52 PM
Junior Member
 
Join Date: Aug 2010
Posts: 4
CareerSG is on a distinguished road
Default Seeking advice on Career jump

I am seeking advice on a plan to find s new job after being employed quite long in a company. I am work in a technology MNC slightly over a decade, in different positions (moved every few years, in my 4-5th positions).

Joined the company in 2001 @ 4.5K and now drawing ~10.5K base. For those years, I had missed on increment about 3 times due to bad times overall as in the company and some years with significant increase due to expanded responsibilities, lastly few years with almost no increment.

The role ranges from an IT specialist, Project Manager now to a business manager. I'm close to my mid-30 and is a local on a local terms.

My questions:
1) Since I am in the company too long, have I missed a normal increment if I were to move from one company to another every 2-4 years?

2) For a regional business role with P&L responsibility, is 135k/annum a good package? The 'standard' salary in the company for the exact same grade is 180k/annum, had been in the grade for a few years but no way to catch into the 'average point' in the grade

3) If I were to move into different company, what could be the reasonable 'expected' increase from current salary? Bear in mind that the new position bear higher risk, and perhaps fewer leave and other benefits

4) Does the new 'expected salary' discussion with other company HR or headhunter is always pegged to certain common percentage and not what the position should be paying?

5) Should I accept a same salary or slight downgrade to get a fresh change? (Nothing wrong in current position, no pressure to leave)

Thanks....

Reply With Quote
  #2 (permalink)  
Old 31-08-2010, 02:23 PM
Super Member
 
Join Date: Aug 2010
Posts: 331
lazyplane is on a distinguished road
Default

Hi,

I am not sure why you want to change your job. But before doing so , i suggest you need to evaluate if you are looking for a change in the industry, (ie out of technology ) or just a change in company.

Just a thought, are you upset or considering a change in job because you feel you are not paid the "average salary" for the position you are holding ?

In hard times, a zero salary increment is possible for a change of job.
In good times, anything up to 50% is possible. Average is 10%-20%.

Reply With Quote
  #3 (permalink)  
Old 01-09-2010, 09:46 AM
Junior Member
 
Join Date: Aug 2010
Posts: 4
CareerSG is on a distinguished road
Default

Salary is one thing. I appreciate what I have but I understand compared to the standard within the company, it is nowhere near where it should be.

As why I wanted to jump. I am at a good situation now where everything is working fine and things are as good as they can be (manageable). I believe this is a good time to move as there is no pressure to move, as when there is a pressure to move then It would be really difficult to find the next good job in that timeframe.

So you're saying in a change of job, anything up to 50% is possible. Are we at that time yet or we are still at near 0% time?

Reply With Quote
Reply

Bookmarks

Tags
career, career change, job change, mnc, technology

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Career advice for mid-career changer Rhin Income and Jobs 5 21-07-2010 11:21 PM
Biggest pay jump in real estate & financial services Salary.sg Income and Jobs 1 16-08-2009 03:47 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
9,620 Replies, 3,085,721 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
156 Replies, 36,531 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
3,173 Replies, 1,335,485 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,726 Replies, 1,136,553 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
338 Replies, 115,199 Views
Compare civil service salary ( 1 2 3... Last Page)
10,718 Replies, 5,927,521 Views
DBS tech seed programme ( 1 2 3... Last Page)
32 Replies, 4,436 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,051 Replies, 3,847,222 Views
Career as Teacher ( 1 2 3... Last Page)
2,887 Replies, 1,758,340 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
226 Replies, 137,871 Views
ITE lecturer ( 1 2 3... Last Page)
140 Replies, 134,012 Views
Job Application with MOE... ( 1 2 3... Last Page)
246 Replies, 225,153 Views
Engineer Pay ( 1 2 3... Last Page)
121 Replies, 47,039 Views
Fresh grad wanting to know about... ( 1 2)
17 Replies, 5,456 Views
Number of FT in Singapore coming... ( 1 2 3)
23 Replies, 7,942 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
81 Replies, 120,563 Views
Where would you invest your money... ( 1 2)
18 Replies, 11,018 Views
MasterCard Graduate Developement... ( 1 2)
11 Replies, 5,051 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
745 Replies, 374,605 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,630 Replies, 1,345,815 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,006 Replies, 1,146,678 Views
Invitation to apply to civil...
0 Replies, 212 Views
HSBC Graduate Programme 2021
6 Replies, 430 Views
ST Electronics ( 1 2 3... Last Page)
873 Replies, 260,542 Views
Looking for job referral,...
5 Replies, 526 Views
Diploma in Digital Marketing at...
4 Replies, 2,526 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
44 Replies, 34,864 Views
Employment agency taking me to...
2 Replies, 150 Views
[advice] Recruitment agency... ( 1 2 3)
21 Replies, 3,253 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:51 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2