Banking salary set to rise!!!

 

This is the table put out on the Star online newspaper with the title 'Professionals and top execs set for huge increments' on 28 Feb 2011 at http://thestar.com.my/news/story.asp?file=%2F2011%2F2%2F28%2Fnation%2F8151490&sec=nation

So how do one react to this article? This mean the Banking and IT sector will have some big growth this year. After all, why are they willing to hired. 

The weird thing about this is after just 1 day, there are some respond to the article with a contradict finding. Below are a part of the news taken from The Star Online at http://thestar.com.my/news/story.asp?file=/2011/3/1/nation/8158478&sec=nation

"A group of business application consultants from an international firm said they were surprised that their professional wages ranged from RM100,000 to RM150,000 in the survey.

The consultants, with three to five years of work experience, said their salary only ranged from RM65,000 to RM110,000 for 2010.

“There is a huge gap between the actual and surveyed figures,” said one of them who wished to be known only as Sue."

Are the salary really that high? Of course it is high! After all, it is done by Robert Walters. A quick search at the Google review the website at http://www.robertwalters.com/default.do. The website show that Robert Walters have a lot of office spanning 20 countries. This mean that it is some big international company with good reputation doing some big research.

So how come there are still some employees with low income? The answer is because they are being underpaid by the company. For the group of business consultants, I hope that they are now starting to look for a better job at another company. If not, they are just being ignorant of the market movement nowadays and lose out the big amount of money that they are supposed to be paid.