Salary Increment Rate - 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




Salary Increment Rate

Reply
 
Thread Tools
  #1 (permalink)  
Old 03-02-2012, 12:59 AM
Senior Member
 
Join Date: Apr 2011
Posts: 63
uturn is on a distinguished road
Default Salary Increment Rate

is it normal to ask for 20% increment when jumping ship and when there is no change in designation and job scope?

What is usual range to ask for?

Reply With Quote
  #2 (permalink)  
Old 03-02-2012, 09:59 AM
Unregistered
Guest
 
Posts: n/a
Default

It really depends on what is your current wage versus the market wage. what level you are moving at. what job scope. what industry you are in.

You should speak with a headhunter who knows the market and he will give you a more accurate picture than what people who don't know your background can give you.

If it helps, I got +20% 6 months ago when I changed job. But there was a change in job scope and my new role is more demanding.

Quote:
Originally Posted by uturn View Post
is it normal to ask for 20% increment when jumping ship and when there is no change in designation and job scope?

What is usual range to ask for?


Reply With Quote
  #3 (permalink)  
Old 03-02-2012, 11:02 AM
we20f
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by uturn View Post
is it normal to ask for 20% increment when jumping ship and when there is no change in designation and job scope?

What is usual range to ask for?
20% is the normal range when jumping ship, but if your current pay is very low can ask for more.

Must be careful of recruiters because sometimes they will try and undercut you by telling you industry norm is 10% - 15% because they are very scared that the deal falls through they can't get commission.

I got this recruiter before who I ask for 25% because the new company benefit a little lower try to bullsh!t me to accepting just 15%. I kept insisting no 25% no join and in the end got the offer.

After I join I check with my boss and realise the recuiter actually didn't even communicate my 25% request and instead put in 15% because the 25% exceed the company budget slightly and she was scared the company will reject outright, so she was trying to play both sides by lowering my expectation and force fit into what she thinks the client is prepared to pay.

Reply With Quote
  #4 (permalink)  
Old 04-02-2012, 12:13 PM
Unregistered
Guest
 
Posts: n/a
Default syrup thersss

i was lucky to get 100% increase when i changed job recently. Job scope is wider though, with more regional travel required. Diff industry as well. All depends on your specialization & skills...
Reply With Quote
  #5 (permalink)  
Old 04-02-2012, 12:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
i was lucky to get 100% increase when i changed job recently. Job scope is wider though, with more regional travel required. Diff industry as well. All depends on your specialization & skills...
I was even more lucky to get 200% increase when i changed job recently. Job scope is even wider, with even more regional travel required. Also Diff industry as well.
Reply With Quote
  #6 (permalink)  
Old 04-02-2012, 08:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I was even more lucky to get 200% increase when i changed job recently. Job scope is even wider, with even more regional travel required. Also Diff industry as well.
care to share your designation & industry?
Reply With Quote

  #7 (permalink)  
Old 04-02-2012, 09:24 PM
Unregistered
Guest
 
Posts: n/a
Default

I received more than 20% increment, not for changing job but staying in the same job with a promotion in grade.

Some of you may not believe but this is one of the strategies by companies to retain key personnel when they know that the industry is doing well and looking for people to fill key positions.

Therefore, you need not change jobs to get more than 20% increment - just make sure you make yourself valuable to the company.
Reply With Quote
  #8 (permalink)  
Old 05-02-2012, 12:41 AM
Qaz Qaz is offline
Senior Member
 
Join Date: Jun 2009
Posts: 44
Qaz is on a distinguished road
Default

has anyone received an annual increment recently excluding promotions / job change? how many % did u get?
Reply With Quote
  #9 (permalink)  
Old 05-02-2012, 11:04 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Qaz View Post
has anyone received an annual increment recently excluding promotions / job change? how many % did u get?
500%. there you have it. it's just a number. did it make you any happier?
Reply With Quote
  #10 (permalink)  
Old 05-02-2012, 06:48 PM
Super Member
 
Join Date: Oct 2011
Posts: 309
Bean is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
I received more than 20% increment, not for changing job but staying in the same job with a promotion in grade.

Some of you may not believe but this is one of the strategies by companies to retain key personnel when they know that the industry is doing well and looking for people to fill key positions.

Therefore, you need not change jobs to get more than 20% increment - just make sure you make yourself valuable to the company.
you from what company or what industry?

I working in GLC as engineer

My company give only between 4-6% for promotion from engineer to senior engineer, from senior engineer to assistant principal engineer...and there of....

4-6% at their pay grade is addition of abt ~130-180 only...

alot of turnover.

Even one of my friend, consider a high flyer, estimate only getting abt $4700 basic after 6 years exp(with 3 promotion included)....very low indeed his starting pay is 2.9k in 2007 jul
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
Q: Big4 - Yearly salary increment ricardo Income and Jobs 15309 Today 02:42 AM
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
10,834 Replies, 6,666,800 Views
Is getting a PMP worth it ?
4 Replies, 7,110 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,309 Replies, 4,983,612 Views
Lawyer Salary ( 1 2 3... Last Page)
21,014 Replies, 10,329,648 Views
GovTech ( 1 2 3... Last Page)
5,161 Replies, 2,163,684 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,801 Replies, 1,044,377 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,393 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,628 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,723 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,464 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,382 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,956 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,061 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,770,638 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,455,966 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 309,158 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,956 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,809 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,330 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,462 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,585 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,248 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,931 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,624 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,623 Views
MX12 reappointed at MX11
8 Replies, 824 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,590 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,329 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,983 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,615 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:40 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2