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.


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
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 873 16-02-2020 12:21 AM
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 04:37 PM
Salary Increment to be 5.2% Salary.sg Income and Jobs 0 25-09-2007 01:55 PM

» 30 Recent Threads
Which degree is the best return on... ( 1 2 3... Last Page)
36 Replies, 8,036 Views
Constituency Manager (People... ( 1 2 3... Last Page)
834 Replies, 419,069 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
113 Replies, 89,159 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,751 Replies, 489,845 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,770 Replies, 830,572 Views
Dsta ( 1 2 3... Last Page)
759 Replies, 506,600 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,255 Replies, 1,019,044 Views
Enterprise Singapore hiriing... ( 1 2 3)
24 Replies, 14,773 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,044 Replies, 816,516 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,895 Replies, 1,747,855 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
615 Replies, 310,616 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,171 Replies, 203,613 Views
Job offer from Apple ( 1 2 3... Last Page)
313 Replies, 53,968 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,591 Replies, 976,069 Views
Career as Teacher ( 1 2 3... Last Page)
2,043 Replies, 1,380,985 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
41 Replies, 45,271 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,853 Replies, 3,611,436 Views
ST Electronics ( 1 2 3... Last Page)
382 Replies, 170,860 Views
MasterCard Graduate Developement...
8 Replies, 2,777 Views
Roles in accenture singapore ( 1 2 3... Last Page)
288 Replies, 226,662 Views
Govtech bonus ( 1 2 3... Last Page)
30 Replies, 12,466 Views
Lawyer Salary ( 1 2 3... Last Page)
4,865 Replies, 2,104,911 Views
Need career advice
4 Replies, 792 Views
SPF (Direct-Entry Inspector)
9 Replies, 1,174 Views
is it crazy to give up a 100k P.A... ( 1 2 3)
27 Replies, 21,809 Views
Career switches - job options and... ( 1 2)
13 Replies, 2,373 Views
OCBC Young Bankers Programme ( 1 2 3... Last Page)
97 Replies, 71,191 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,370 Replies, 539,011 Views
Job search for returning...
1 Replies, 337 Views
Infineon Technologies
1 Replies, 256 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:50 AM.


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