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Wednesday, September 2, 2015

TOP TEN HIGHEST PAYING JOBS IN MALAYSIA ACCORDING TO JOBSTREET

A recent Nielsen survey based on the jobseekers in Malaysia showed that when it came to choosing a job, salary is their most
important consideration. Well, this is no surprise as we do not choose a career that would not pay well after putting so much effort and money into the studies. Of course it should match our interest, skills and passion as well.

It is important to choose the right course so that you do not end up with a job that does not pay well after your studies or even worse, no job.

JobStreet.com’s study, the first job site in Southeast Asia to have introduced the list of top paying jobs for fresh graduates and experienced personnel, was based on salaries posted by employers on JobStreet.com from Jan 1 to Aug 31 2013. Job Street came up with a list of jobs with the highest average salaries across all position levels based on the salaries posted by employers on JobStreet.com from 1 January to 31 August 2013.

To further help candidates gauge whether their salaries are competitive to the market JobStreet.comrecently did a study to find out the Top 10 Highest Paying Jobs in Malaysia. The Study Showed That Most Jobs In The Top 10 List Tend To Be Technical Or Science Based.

The study shows the top paying salaries for Fresh Graduates, Junior Executives, Senior Executives, Managers, and Senior Managers. For students who do not understand the difference, upon graduation, your first position is as an Executive level (degree). After that, you will be promoted to Junior Executive, then Senior Exec, Assistant Manager, Manager, and then Senior
Manager. The time taken from Fresh Graduate to Senior Manager level could take from 6-10 years depending on your skills.
It is important to note that if you have a good command of the English languagecommunication skills, leadership skills and initiative, you will be promoted faster.
Fresh graduates can expect to get an average salary of RM2,100 per month. On Average, JUNIOR EXECUTIVES Can Earn A Salary Range From RM2,100 To RM3,900, With The Average Being RM2,800 Across All Industries
Top 10 highest Starting Salary for Fresh Graduates in Malaysia
1.     Pharmacy                                               RM3,640
2.     Corporate Strategy                              RM3,200
3.     Sales – Financial Services                 RM3,054
4.     Doctor                                                      RM2,719
5.     Sales – Engineering and IT                 RM2,612
6.     Geophysics                                            RM2,612
7.     Aviation                                                   RM2,533
8.     Actuarial Science                                 RM2,475
9.     Sales – Corporate                                RM2,456
10.   IT – Software                                         RM2,452


Top 10 highest Starting Salary for Junior Executives in Malaysia
1.     Doctor                                                      RM3,899
2.     Process Design and Control             RM3,898
3.     Corporate Strategy                              RM3,800
4.     Sales – Financial Services                RM3,729
5.     Engineering – Oil/Gas                          RM3,606
6.     Finance – Corporate Finance            RM3,500
7.     Pharmacy                                               RM3,470
8.     Aviation                                                   RM3,475
9.     IT – Software                                          RM3,398
10.   Legal Services                                     RM3,396
Although young doctors can achieve a figure of RM2,700 as a houseman, their salary can quickly increase to about RM3,900 with 3-4 years of experience. Most specializations in the list of Top 10 Highest Paying Jobs for junior level are in the technical field.
This includes Process Design& Control, Engineering- Oil/Gas, Aviation, and IT- Software.
Those in Pharmacy can earn RM3,600 as their starting wage. Executives doing corporate strategy come in second, earning a basic pay of RM3,200. Take note that these are just basic salaries, and do not include any other forms of compensation such as leave credits, medical benefits, insurance and incentives.
Top 10 Highest Paying Jobs for Senior Executives according to Jobstreet
For senior executives, the engineering sector pays well for employees. Out of the top 10, they take up three slots in the best paying jobs
1.     Geophysics                                          RM7,514
2.     Doctor                                                    RM6,903
3.     Engineering – Oil/Gas                        RM6,353
4.     IT – Software                                        RM5,269
5.     Process Design & Control               RM5,086
6.     Training & Development                   RM4,964
7.     Pharmacy                                             RM4,935
8.     Engineering – Electronics                RM4,928
9.     Engineering – Mechanical                RM4,745
10.   Audit/Taxation                                     RM4,721

Candidates At The EXECUTIVE Level who specialised in Medical, Engineering and IT generally earned an above average salary of RM2,800. As for managerial levels and above, specializations such as IT, Science, and Engineering were compensated better.


Top 10 Best Paying Jobs in Malaysia at Manager Level
Doctors, engineers and managers in the aviation specializations draw the highest pay with doctors earning the highest, with an average salary of RM9,500 per month. 
a.   Doctor                                                   RM9,530
b.   Engineering – Oil/Gas                       RM9,462
c.   Aviation                                                RM9,406
d.   Audit/Taxation                                    RM9,226
e.   Banking – Financial Services        RM9,100
f.    Geophysics                                         RM8,938
g.   Publishing or Printing                       RM8,650
h.   Engineering – Chemical                  RM8,545
i.    Engineering – Electronics               RM8,146
j.   IT – Software                                        RM8,112

Top 10 best paying jobs in Malaysia at Senior Manager Level
The Average Salary Of SENIOR MANAGERS Is RM12,800 Across All Industries.
It takes years of experience and expertise before one becomes a senior manager, but all that hard work pays off. Overall, senior managers in specializations such as IT- Hardware, Quality Control/Assurance and Geophysics are the top highest paying job in this position.
1.     IT – Hardware                                     RM18,100
2.     Quality Control/Assurance              RM17,768
3.     Geophysics                                          RM17,500
4.     Property/Real Estate                         RM16,917
5.     Engineering – Electrical                   RM16,503
6.     Publishing/Printing                             RM16,500
7.     Corporate Strategy                            RM15,606
8.     Engineering Oil/Gas                           RM15,307
9.     Sales – Corporate                              RM14,815
10.   Engineering – Civil                             RM14,768


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