Job - Salary, Bonuses, & Perks

[Robinthecat]

Find some posts here medyo exag nga...specially kung Philippine setting.....my mom got to 6 figures only after becoming an AVP for a bank. My past boss na general manager namin na dating artista na coming from a "rich clan" gets 40-60 then.

 

I know there are exceptions & sometimes swerte na rin and talagang weird and unfair compensation is towards some people....depende lang what you get based on luck, "talent" & how you market/ fight for getting what you feel you deserve. Someone posted na 100k total as marketing manager, di naman annually yan right? then halos walang OT, normal hours...waw....that's freakin' lucky huh?

 

How weird are salaries? My experience:

 

fresh grad started at 7k as advertising consultant for an ISP, basically lahat ng advertising and marketing responsibilities/ requirements from ads to web page to POS.

 

Went to one of the well know ad agencies in the Phil....started at 11k + OT pay....worked my butt off....maaga na 7pm makauwi....may late night to walang uwian days.....when i left the comapany my monthly was 18k

 

Became a marketing manager for 22k. Usual hours...8am-5pm lang.....unless there was an event which extend to 7 or 8pm and ofcourse ingress -egress which may happen during non regular hours but still, this doesn't happen everyday naman. Left that job at 24k.

 

Went to SM (the mall) as marketing manager for 25k.....yes mababa but i was looking for challenges...bigger company and what i could learn plus networking opportunities....i got those naman...kaya lang i underestimated a lot of things....i know SM is known for being a S@@###hole in terms of employment pero lahat naman company may undesirable eh so...fight....culture here is really bad....you can get far by reallllly kissing a$$ minus skills or know how.......you get ahead by being kup@l and "murdering" people just to look good. Some top honchos are brats and throw tantrums when their not in the mood or see any kind of errors (if they were even errors at all). I was servicing a number of malls pa + the crap i got from my boss....25k was a real disservice. so i left.

 

Now 30ks later.....working as marketing specialist for a multinational company.....i hardly do anything and my present boss thinks i work fast, siguro kasi laid back sila dito and nasanay ako sa fast paced. 9-6pm hours.......internet to the max.....days i don't do anything.......isn't it unfair? And some of my SM coworkers get less than 20k to work their a$$ of...with Saturday work....plus the BS from bosses.....man.

 

Yup, with great salary comes great responsibility..yun agree ako with some posters that announce high salaries pero head will roll pag nagkamali sila..their heads......

 

Depends talaga sayo how and where you end up and if you're happy. Some people live happily with less than 20k, some live in hell for 80k.....you choose your poison.

[spadon]

Find some posts here medyo exag nga...specially kung Philippine setting.....my mom got to 6 figures only after becoming an AVP for a bank. My past boss na general manager namin na dating artista na coming from a "rich clan" gets 40-60 then.

 

I know there are exceptions & sometimes swerte na rin and talagang weird and unfair compensation is towards some people....depende lang what you get based on luck, "talent" & how you market/ fight for getting what you feel you deserve. Someone posted na 100k total as marketing manager, di naman annually yan right? then halos walang OT, normal hours...waw....that's freakin' lucky huh?

Salary scales also depend on the industry and the amount of responsibility vested on you. I was getting Php100K/mo as Marketing Manager over ten years ago and retired three years later at Php130K/mo as Sales Director. At that time, my company was at the middle of the industry's pay scale. Other companies were paying similar positions +20-30% more than what I was getting. Our company's car budget at my level was Php600K, while other companies' car budget for similar positions was already Php1M. As Marketing Manager, I was responsible for Php240M in annual sales, as Sales Director I oversaw annual sales of Php1Billion in year 2000. Now, I'm happy at a Php20K/mo salary I pay myself managing my own business with sales of Php12M per annum.

[shafeeq96]

Company: offshore Oil and Gas company

 

Position: controls and safety systems / it tech

 

Salary: 350 usd/day + 7% yearly bonus

 

Pros: 28 days of work / 28 days vacation

 

Cons: laging nasa byahe nga lang...

Edited April 22, 2008 by shafeeq96

[Long Duk Dong]

Salaries of companies I know:

 

ITI Consulting: English Trainer

Outbound calls to teach English to French, Germans and Italians.

Location: IBM Plaza Libis

Salary: Advertised - Average of 30k monthly. Actual - Basic 16k per month plus 85 pesos per lesson per day plus overtime if any plus 10% night differential.

If you give out 14 lessons a day, your monthly income can go up to 39k before taxes etc. Option to receive a fixed income of 25k before taxes for 1st 2 months.

You need to pass a nosebleed type of an English exam plus the usual IQ test.

 

NCO: Level 2 Technical Support Agent

Inbound technical support for MSN (Microsoft)

Salary: 18k monthly before taxes etc plus overtime if any and 20% night differential.

Nosebleed of a training before actual work. Training period rate 15k before taxes etc.

 

Level 1 Technical Support Agent.

Inbound Technical Support for MSN or X-Box.

Salary: 15k monthly before taxes etc plus overtime if any plus 20% night differential.

 

Union Motor Corp and its sister companies (Hyundai): Sales Manager

Salary: 11k plus overriding commission plus insurance commission if buyer avails of insurance at the dealership. All before taxes etc. No overtime pay.

 

Wellcom Telecoms: (Taiwanese owned)

Operations Manager

Salary: 25k monthly before taxes etc. No overtime pay. On call during weekends. Travel required.

[Nekromantik]

Position: Team Leader (Adult Friendfinder and Penthouse)

 

Salary: 35k basic + 30% night differential + 10k allowance

 

Pros: 3pm to 12am schedule, petiks palagi, porn all day long...

 

Cons: sobrang daming report na kailangan i-submit before the shift ends

[xircom]

Salary

50K ++ for managerial work.

 

Pros

22 months per year ang salary and I get to understand the economy and financial markets making money work for me; lots of benefits that offset low basic pay.

 

Cons

Pressure, 50 hours a week

[MisterW]

Find some posts here medyo exag nga...specially kung Philippine setting.....my mom got to 6 figures only after becoming an AVP for a bank. My past boss na general manager namin na dating artista na coming from a "rich clan" gets 40-60 then.

 

I know there are exceptions & sometimes swerte na rin and talagang weird and unfair compensation is towards some people....depende lang what you get based on luck, "talent" & how you market/ fight for getting what you feel you deserve. Someone posted na 100k total as marketing manager, di naman annually yan right? then halos walang OT, normal hours...waw....that's freakin' lucky huh?

 

 

It's quite easy to get a 6 digit salary here, but it all depends on finding the right job opening.

You don't have to be a suma cum laude or anything, basta good yung reputation mo sa industry.

:thumbsupsmiley:

[mikev]

Annual Pay - Php1.5M as regional manager

 

Pros - travel, experience

 

Cons - the stress

[TheGeneral]

Company - Regional IT Distributor

 

Job - Product Manager

 

Salary - Php60K net basic, + allowances/override commissions

 

Perks - performance-based, i'm not bound by silly time cards, i have full control of my time; travel; you get to expand your network more as you are exposed to the who's-who in the industry

 

Cons - no company car issued (but there is car loan available)

[Solitude00]

Company: IT Consulting Firm

 

Position: Manager (Sales and Account Management)

 

Salary: Approx 2M a year all in, including bonuses

 

Perks: HMO Coverage, networking opportunities, resume boost (technical skills involved are in-demand globally) EDIT: EXPENSE ACCOUNT!!! (medyo limited nga lang comparatively speaking)

 

Cons: Stress stress and more stress - having worked abroad I can say that you work less abroad for the same position. Abroad your job description is well defined. Here, you're a jack of all trades.

Edited August 16, 2008 by Solitude00

[cold_face]

Salaries of companies I know:

......

Union Motor Corp and its sister companies (Hyundai): Sales Manager

Salary: 11k plus overriding commission plus insurance commission if buyer avails of insurance at the dealership. All before taxes etc. No overtime pay.

 

mali toh bro... been hir since 2003 nagstop lang nun ginawang hyundai and UMC-JAS... first 6 months probi... ayun 150 a day lang... need to sell 3-4 units per month 3 straight dapat to get 10k a month... though malaki talaga kita sa kotse... average ko 25k per car and la pa 1 month yun to finish the transaction...

 

back to topic...

 

Company: IT/Software Company

 

Position: Systems Developer

 

Salary: 20k plus bonuses...

 

Perks: after 3 months regular agad...

 

Cons: QC area madali pumasok flexy time and mababait boss

[r3g1n]

Is your new job much better income wise? No regrets leaving your old job? Are you happy in UK? Your old job seems to be a very good job to me.

 

hi,

 

here's what i'm getting now.

 

Telecoms Specialist/ Consultant

£ 50k annual basic + £10K annual bonus + car plan + private medical coverage (me, my wife and daughter) + pension scheme + travel allowance

 

Sa una medyo kakamiss ng pinas pero buti na lng dami ding pinoy dito sa London. Settled-in na kami ng family ko.

[manilakano]

:evil: Environmental officer on cruise ships

5K$/month 12 months a year, 3 months work 3 vacation.

Pros:

Pension plan guranteed 40% of your basic salary at the age or retirement (62)

Outstanding health insurance for me and my family worldwide

No "AMO" onboard.

I work my own hours

Work is minimum 2 hours a day and no maximum (s@%t happens...can be 24 hours) but usually is about 6 hours a day

Fun work and life (if you play by the rules)

Cons:

High responsibilites that you can go to jail from one day to another if a good f#&k up happens, and it does!!!!

Work not many but very irregular hours

Too many rules to follow

Very easy to be fired from a simple fault.

 

Properties management abroad

1000euro/month

Pros:

Extra income

Secure money for rainy days

Cons:

I do not get to see any of it since i give it to my parents as a good son who helps his retired parents...

Got to give it out in very low rentals since i am not there to manage it in person

It is always a headache dealing through phone with people who try to fool you on your own properties

 

Properties management in Philippines

about 1 million pesos per year

Pros:

Made money where i did not expect

Trust the potential of getting rich in a developing country

Keep me busy and active while on vacation from my regular job

Cons:

I do not get to enjoy not even one centavo since as a devoted dad and husband i invest everything back again for the futurre of my wife and son

Dealing with filipino, too many with an attitude, too many with a drama story, ALL thinking i am a fool, ALL thinking that because i am a foreigner i have tons of money as if they came to me by rain..., too many asking me to sell them for almost free (that should go on the pros since it always amuses me)

 

Entrpreneur in food business in Philippines

ZERO income by now

Pros:

I just start now and feeling good of doing something more

Fun to go around and looking for all the business options

I thought i was the CEO hahahaha No my wife took that, i am only the counselor...

I HAVE FUN OF IT

Cons:

I get to meet a lot of girls that i cannot do anything with them since my wife is always watching me grrrrrr

 

Selling E-LOAD at my house :thumbsupsmiley:

Income: I have no clue!!!!!!!

Pros:

Lots of girls are coming by front porch to buy load, that my maids are selling, always welcome!!!!

Cons:

Lots of guys were trying to flirt my maids at my front porch but then i become a rude kano and they disapear.

Today i had to let one of my maids go to her province for good and found out that her boyfriend has a credit of 2000p which i do not expect to take back...bahala na...At least he is a nice guy and neighbor, live and let live...

 

Future plans:

A photo shop and a bonsai gallery (the bonsai is almost done) to develop and maybe make money on my wife's hobbies :hypocritesmiley:

A modeling agency to develop and enjoy my big hobby, beautiful women!!!! :evil:

[ragstoriches]

36 year old, Finance Manager of MNC, Php648,000 per year.

 

pros : title, salary, girls

 

cons : no global demand

[ragstoriches]

just had my evaluation done with my boss where I was told my salary will be adjusted to an annual Php720,000 starting March next year. something i can look forward to.

 

at first, very intimidating mga posts dito because salary abroad is huge when converted into Php. but foreign income is also met with foreign expense particularly the housing rates.

 

to better see the relation, can convert them into an apples to apples basis.

 

to do this, we can use the world bank's 2007 GDP per capita data, then follow the ff steps.

 

1) multiply the foreign annual salary by the RP average GDP per capita, which is $1,640.

example. foreign salary is US$600,000 per year. so US$600,000 x US$1,640 = US$984,000.

 

 

2) divide the product by the Foreign country average GDP per capita.

example. In the case of US workers, it is US$45,790. so, $984,000 / $45,790 = US$21,490.

 

3) convert the quotient by multiplying with the existing peso:foreign currency rate.

example. exchange rate is Php46.7:US$1. so, US$21,490 x Php46.7 = Php1,003,555.

 

 

that is the annual salary conversion. to get the monthly salary simply divide it by 13 months.

 

so Php1,033,555 / 13 = Php77,197.