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. |
May i know your working experience ?
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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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Are you a degree holder? Offer seems quite low for someone with 5+ years exp.
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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 |
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. |
[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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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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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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