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




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

Reply
 
Thread Tools
  #1 (permalink)  
Old 10-12-2019, 03:32 PM
Junior Member
 
Join Date: Dec 2019
Posts: 3
di3hard is on a distinguished road
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.

Reply With Quote
  #2 (permalink)  
Old 10-12-2019, 11:06 PM
Junior Member
 
Join Date: Jun 2019
Posts: 3
unknown_WJ is on a distinguished road
Default

May i know your working experience ?

Reply With Quote
  #3 (permalink)  
Old 11-12-2019, 09:55 AM
Junior Member
 
Join Date: Dec 2019
Posts: 3
di3hard is on a distinguished road
Default

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.

Reply With Quote
  #4 (permalink)  
Old 11-12-2019, 10:08 AM
Unregistered
Guest
 
Posts: n/a
Default

Are you a degree holder? Offer seems quite low for someone with 5+ years exp.
Reply With Quote
  #5 (permalink)  
Old 11-12-2019, 11:53 AM
Junior Member
 
Join Date: Dec 2019
Posts: 3
di3hard is on a distinguished road
Default

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
Reply With Quote
  #6 (permalink)  
Old 11-12-2019, 06:50 PM
Unregistered
Guest
 
Posts: n/a
Default

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.
Reply With Quote

  #7 (permalink)  
Old 11-12-2019, 09:43 PM
Unregistered
Guest
 
Posts: n/a
Default

[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.
Reply With Quote
  #8 (permalink)  
Old 12-12-2019, 06:22 AM
Unregistered
Guest
 
Posts: n/a
Default

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?
Reply With Quote
  #9 (permalink)  
Old 12-12-2019, 09:53 AM
Unregistered
Guest
 
Posts: n/a
Default

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.
Reply With Quote
  #10 (permalink)  
Old 12-02-2020, 09:52 AM
Unregistered
Guest
 
Posts: n/a
Default

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.
Reply With Quote
Reply

Bookmarks

« 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
Advice for a current Treasury Exec - should I take on a new job offer? inapickle Income and Jobs 5 04-05-2020 01:11 PM
New Company HR request for past 3 year payslip and my current offer letter tchen003 Income and Jobs 8 21-09-2017 04:12 PM
Expected salary compared to current salary sijia_lim Income and Jobs 12 25-07-2016 11:22 AM
Current and Expected Salary mertoo Income and Jobs 7 09-05-2015 06:53 PM
Re-negotiate salary after accept verbally? Seal Income and Jobs 4 22-06-2012 12:42 PM

» 30 Recent Threads
Shopee fresh grad pay ( 1 2 3... Last Page)
509 Replies, 141,251 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,971 Replies, 1,921,693 Views
Lawyer Salary ( 1 2 3... Last Page)
17,135 Replies, 6,435,922 Views
Changi Airport Group ( 1 2 3... Last Page)
456 Replies, 456,561 Views
High Finance Thread ( 1 2 3... Last Page)
1,137 Replies, 253,785 Views
Engineer Pay ( 1 2 3... Last Page)
457 Replies, 241,024 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
8,209 Replies, 2,405,575 Views
ST Electronics ( 1 2 3... Last Page)
2,792 Replies, 845,616 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,152 Replies, 565,576 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,061 Replies, 2,932,676 Views
Official 2022 Retrechment thread ( 1 2 3... Last Page)
78 Replies, 8,004 Views
Polytechnic lecturer salary range ( 1 2 3)
24 Replies, 78,879 Views
Compare civil service salary ( 1 2 3... Last Page)
14,218 Replies, 8,908,296 Views
Roles in accenture singapore ( 1 2 3... Last Page)
4,756 Replies, 957,802 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
49 Replies, 69,844 Views
Micron starting pay ( 1 2 3... Last Page)
430 Replies, 160,612 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,601 Replies, 2,023,703 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,613 Replies, 3,094,490 Views
Career as Teacher ( 1 2 3... Last Page)
5,616 Replies, 3,498,904 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
230 Replies, 251,931 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
957 Replies, 630,503 Views
Singtel Management Associate... ( 1 2 3... Last Page)
1,133 Replies, 297,301 Views
GovTech ( 1 2 3... Last Page)
3,172 Replies, 854,128 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,300 Replies, 707,919 Views
ByteDance / TikTok ( 1 2)
17 Replies, 3,918 Views
2022 Full time/Summer internship... ( 1 2)
16 Replies, 2,334 Views
Open Government Products (under...
9 Replies, 1,016 Views
Want to Save More Money? Our Free...
6 Replies, 8,502 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,379 Replies, 2,297,993 Views
Work culture in IHiS ( 1 2 3... Last Page)
331 Replies, 222,922 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 03:48 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2