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New Job Offer that only match current salary, should i negotiate?

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Old 10-12-2019, 03:32 PM
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Default New Job Offer that only match current salary, should i negotiate?

Hi, all sifus here.

I am 30yo male currently work a local small SME as sales engineer with 4.5k + AWS + ~1 mth bonus. I am getting increment in Jan 2020. Last yr my increment was 5%.

Got an offer from a MNC but they annual income just match existing company (consider 5% increment for next yr). And i will burn my bonus coz i am leaving early next year. Resign this week and last day mid Jan 2020.

But I am definately leaving because of no progression.

Question is should i negotiate for a higher starting salary with the MNC company?
Does HR in MNC company normally allow for such negotiation?
I worry negotiating will result in bad impression with future boss.

Edit:
New role is doing Bidding/Tender in the similar industry which my experience can bring over.

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Old 10-12-2019, 11:06 PM
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May i know your working experience ?

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Old 11-12-2019, 09:55 AM
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I have 4 years experience in project management (Execution), 1.5 years in sales and new role is tendering. It's all in the same industry.



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Old 11-12-2019, 10:08 AM
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Are you a degree holder? Offer seems quite low for someone with 5+ years exp.
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Old 11-12-2019, 11:53 AM
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degree holder in engineering. Worth it to jump ship for 0% increment?
But the current company really not worth staying as no progression.

2015-2017 - Project engineer in Construction (ACMV) - Local SME (50 employee) Starting 2.9k, Leave 3.8k

2018-2019 - Sales Engineer (ACMV Equipment) - Local SME (10 employee)
Starting 4.2k, now 4.5k (not many employer benefits)

2020 - Bidding Engineer (Building Automation) - German MNC
Offer me 4.5k
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Old 11-12-2019, 06:50 PM
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Could be worth it if you see better career progression in your new company.

SMEs are generally not worth joining in the first place, which is why they mostly hire foreigners.
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Old 11-12-2019, 09:43 PM
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[QUOTE=di3hard;127077]degree holder in engineering. Worth it to jump ship for 0% increment?
But the current company really not worth staying as no progression.

2015-2017 - Project engineer in Construction (ACMV) - Local SME (50 employee) Starting 2.9k, Leave 3.8k

2018-2019 - Sales Engineer (ACMV Equipment) - Local SME (10 employee)
Starting 4.2k, now 4.5k (not many employer benefits)

2020 - Bidding Engineer (Building Automation) - German MNC
Offer me 4.5k[/QUOTE

Normally MNC has better benefits and better bonus, so should calculate in terms of annual remuneration package instead of monthly basic.
Secondly, having a MNC experience will help in your CV to look for other jobs in the future especially for engineering.
I started off as engineer at SME 10 years ago and joined MNC after around 2 years with very minimal increment 9%. Thereafter, have a few job changes working for local, overseas MNC with better career prospect.


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Old 12-12-2019, 06:22 AM
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Quote:
Normally MNC has better benefits and better bonus, so should calculate in terms of annual remuneration package instead of monthly basic.
Secondly, having a MNC experience will help in your CV to look for other jobs in the future especially for engineering.
I started off as engineer at SME 10 years ago and joined MNC after around 2 years with very minimal increment 9%. Thereafter, have a few job changes working for local, overseas MNC with better career prospect.
What's your pay and progression so far?
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Old 12-12-2019, 09:53 AM
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Quote:
Originally Posted by Unregistered View Post
What's your pay and progression so far?
I started with 2.3k in end 2009.
Now earning 10k basic with a junior-mid management role in a overseas MNC.
Of course, cannot be compared to the finance sector. Doing just fine.
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Old 12-02-2020, 09:52 AM
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Quote:
Originally Posted by di3hard View Post
Hi, all sifus here.

I am 30yo male currently work a local small SME as sales engineer with 4.5k + AWS + ~1 mth bonus. I am getting increment in Jan 2020. Last yr my increment was 5%.

Got an offer from a MNC but they annual income just match existing company (consider 5% increment for next yr). And i will burn my bonus coz i am leaving early next year. Resign this week and last day mid Jan 2020.

But I am definately leaving because of no progression.

Question is should i negotiate for a higher starting salary with the MNC company?
Does HR in MNC company normally allow for such negotiation?
I worry negotiating will result in bad impression with future boss.

Edit:
New role is doing Bidding/Tender in the similar industry which my experience can bring over.
OP probably already don't need this advice. But for future young folks with similar question - ALWAYS NEGOTIATE YOUR OFFER. No, the boss or HR will not have a bad impression of you if you negotiate. Don't be naive - the first offer is always the opening bid - just be polite to ask for more. If you are polite but confident there is no reason for them to be offended.

When switching jobs, 20% salary bump is normal... otherwise why waste your time? Keep looking until you find another suitable job that will give you at least some increment before you move.
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