salary of a management trainee

[eigenvector008]

i am applying for the position of a management trainee in one of the biggest local corporations. when it comes to the question of salary, how much should i command?

[bluechips]

I netted about Php10K++ when i was a trainee in one of the big corporations... :D

[bluechips]

O BTW, don't just look into the salary...look into the benefits, too! Ask yourself this:

1. Are you going to be insured medically and what's the coverage?

2. Are you allowed "leaves"?

3. Are you tied to a certain salary for more than 6 months? [ coz some companies offer a fat paycheck to gullible trainees but tie them up for a long time. in the long run, ikaw ang lugi]

4. What are the other cash and non-cash compensation?

5. How long should the company keep you? Can you resign anytime you want?

[pinkrose]

Depende sa industry yon.

[eigenvector008]

san miguel corporation

[mark_mark]

13-15K at least.

[mrpathetic]

fresh grad or with experience? my friend had 1 year's experience at a top local company but got only P13K GROSS...Mababa na daw magpa-sweldo San Miguel pero sa benefits daw bumabawi...

[dothe101]

Depends really in the industry and location...
If in manila don't accept anything less than 16k for an MT position. In the province might be lower....

Also consider other things such as benefits, program content of training and how long will they hold u.

[altair]

Originally posted by mrpathetic
fresh grad or with experience? my friend had 1 year's experience at a top local company but got only P13K GROSS...Mababa na daw magpa-sweldo San Miguel pero sa benefits daw bumabawi...


most of those benefits are benefits that you would not want to use; like death and sickness benefits:D

http://www.xpphotoalbum.com/data/500/3584daehanminguk.jpg

[eigenvector008]

according to my research, the salary of a management trainee ranges from 20k to 30k in bpi, unilever, jgsummit, and other big comps.

[mark_mark]

bpi's mngt trainee does not reach 20K....

[sizzling]

Originally posted by eigenvector008
san miguel corporation

very nice opportunity. it's like being paid to get an MBA degree. you're doing the right thing, asking around for the current salary rate. good luck.

[pinkrose]

Mababa yata yung sa BPI. Mga how much ba?

[anne_373]

san ba magandang mag apply for this position?

[mark_mark]

you have to ask yourself anne_373 what industry do you wanna go? or what you wanna do muna....

[chippers23]

i'm also interested in knowing how much a BPI management trainee receives...i'm set for an interview for a possible inclusion in their OTP (officership training program)...btw, i'm not a fresh grad but presently employed...TY :)

[anne_373]

mark_mark i want to experience the foodchain as for starters.. i want sana in corporate world but i dont have enough working experience yet

[mashimare]

peeps, what company kaya hires management trainees for those with 4 years + work experience as tech support staff in a call center??? i'm interesting in shifting into an industry/company that is marketing/advertising work related and may opportunities to be sent abroad for trainings...kaso my background so far is in tech eh (IT).

[j_l_uy]

chipper23, pinkrose, eigenvector008... bpi management trainee are paid around 15-16k starting (this does not include the benefits) and increases as you go through the program.

[April_Loves_Gin]

JG Summit DOESN'T pay as high as 20thou if you're a fresh grad.

[jerk811]

'bout jollibee magkano ba sweldo ng mgt traiee nila?

[black_death]

Jollibee - 11T for fresh grad MTs (net)

[pinkrose]

Keppel Bank - 12T (for 6 months as management trainee)

How much salary ng brand assistant sa New Zealand Milk? :)

[El_Ilustrado]

My batchmates who are in the latest batch of Management Trainees at JG Summit only get 12,000/month. Problem nga nila is that di sila taga-Manila and they have to rent a condo/apartment... cost of which might drain their monthly salary. Housing for the first month of the training lang daw kasi sagot ng JG... Well, I think it's bad considering that the company gets majority of its trainees from regional schools due to their "diversity policy"...And my batchmates never had an alternative employment coz prior to graduation pa sila kinuha ng JG.

chippers23: Tumuloy ka ba sa OTP? Parang nagmeet na tayo sa ibang thread????

Medyo off-topic: I passed the initial and panel interview at BPI for the OTP last week. I just want to know if the 20,000/month "Hiring salary" is already the net pay. I also want to know other benefits being offered to Management Trainees/OTPs. I avoided bringing up those topics during the interviews kasi. Baka ma-turn-off sila sa kin. Medyo confused kasi ako ngayon. Malayo kasi banking sa course ko and may offers din ako for MT from companies whose operations are related to my degree program pero mababa offer nila.

[nickng]

Originally posted by mashimare
peeps, what company kaya hires management trainees for those with 4 years + work experience as tech support staff in a call center??? i'm interesting in shifting into an industry/company that is marketing/advertising work related and may opportunities to be sent abroad for trainings...kaso my background so far is in tech eh (IT).

Mashimare, try applying to P&G. It's a marketing leader with lots of opportunity to travel abroad, and the pay isn't too bad. :)

[KGB]

Actually if MTs kayo salary should be the least of your concern. Dapat alam ninyo kung saan pumupunta ang mga dati pang MTs. Kung maganda ang pwesto na nila e that means may future.

Of course there are some companies na puro "Management Trainees" which is quite ridiculous - MTs are supposed to be a cut above the regular workers. Either they're working people who've demonstrated their abilities while working, or, they're fresh graduates who are really talented or full of potentials.
If you're either of the two, why look at the 10T now when there's times 10 down the road?

[mark_mark]

correct!

[pretenred1]

ako i am applying at hcg as managment trainee.. pero ano po ba ang nature ng job na ito salamat po..........

[brian_d]

Excuse me, Mr. El Illustrado...JG Summit MT Program pays way higher than 12k you're claiming. That is damn too low my dear, am a former MT of JG and honestly kung yun lang binigay nila for sure di ko tatangapin yung offer. Hint hint, it's definitely not below 16k.

Pero piece of advice to everyone, if you're starting out in your career don't think too much about the salary look after the training and development, which should be more helpful later as you climb the corporate ladder....

Next time, do proper research before you post okay?????

[April_Loves_Gin]

Off-topic but, Brian D, so, you're from the first batch, right? Heheh, rami akong friends from the first batch. Baka kilala pa kita.

[cosmic_girl]

how much shall i expect for a MT position in a hotel/restaurant/ food industry?

a former call center employee wants to know.

[tuvwxyz]

My friend is getting more or less 20T <with regular increases>

He is a MT for a food company.

[pretenred1]

ano ba qualifications nito.. kailngan ba may experience?.. thanks!

[brian_d]

Hi April loves Gin, hehehehe u from *** school/comp. yup, yup am from batch one...:-)

[Coño Guy]

Hi, for pipol inquiring about BPI, OTP ako ng BPI-Insurance Group right now. Im earning more than 20thou. Ang rationale daw kasi e para di na daw magincrease ang suweldo namin if we ever finish th training... so ang mangyayari is insignificant na ang salary increase if we get promoted na. and although a large invesment is placed in the OTP, mas malaki ang kita ng BPI kasi we are supposed to make projects that would save the company at least 500thou a year per person yun ha. e 18 kami, down from 22. Sa BPI BAnking OTP, batch 68 n sila. Nwei, i have a friend sa batch 67, and the average salary for the banking group is 22thou. they receive quarterly bonuses. laki lang **** taxes but they gat a net of around 19-20 thou. Hell nga *** ang training coz exam na namin sa wednesday and im not sure if im going to pass the exam. Accounting part na kasi e. super parang ng BSBAA na ko sa UP sa inaral namin... ang HIRAP. although you get paid high, iiyak ka naman coz you sacrifice your weekends to study... plus may bond pa kami na 200thou. we cant leave the company. Mag-aaral na nga ako mamaya e... so i cant watch the Ateneo Adamson fight live. sa TV na *** while studying WACC and Cost of debt and equity.. i heard batch 68 is composed of 42 pipol.

[El_Ilustrado]

Brain_D: thanks for correcting me. net pay yata yung 12T o something slightly higher than that. I confirmed from a friend, 17T daw gross sa JG. Pero I heard mataas daw turn-over dyan ng mga MT's.

Coño Guy: I'm in the Batch 68 of OTP. Kami yata yung pinakamalaking batch - 42 o 43 ata kami (50% internals, 50% externals). Kasisimula lang namin last Monday. Grabe. Dami ng readings and mostly pa dun kelangan ng memorization...mahina pa naman ako dun. Huling huli na nga ako sa readings. Inggit nga ako dun sa mga nasa Sta. Ana dorm. Mga graduates sila ng mga provincial schools like Ateneo de Davao and Silliman. Aside from the free housing, may per diem pa sila na 240.00/day that will be credited to their salaries...kaya parang bawi rin nila yung tax and other deductions.

For those interested in the OTP of BPI, there will be two more batches for 2004. September yung next. Just check the BPI website (www.bpi.com.ph) for details.

[Coño Guy]

To El Ilustrado: kaya mo yan! gud luck sa 1st exam niyo, kakatapos lang nung 2nd exam namin, grabe ang enumeration but panalo yung accounting part namin. Accdg to the estimate of my classmate, 320 items daw ang exam namin, nwei, nsa branch kami but we will be going back to HO for the results on wednesday. I suggest aral ka na ng maaga, as in every night na! kahit breaks, mag-aral ka.

hehehe. Good luck :)

[El_Ilustrado]

Coño Guy: Thanks for the piece of advice! Exam na namin on Thursday! Actually, wala pa talaga akong naaaral. Problem ko talaga ang memorization coz business-related yung course ko and I'm used to essays, case analyses and computations rather than enumerations. Basta...mamayang gabi...promise...mag-aaral na ko! *** ba yung Public Ad graduate from UPD?

[jtff7]

Guys, anyone know the salary for Unilever, Kraft or Nestle Management Trainee? Do these companies offer good career growth for their MT's? Or are they just like a company full of MT's (as previously mentioned in this thread)?

[2002-17545]

Nasa 30k+ ang Uni and Nestle. =)

Guys, anyone know the salary for Unilever, Kraft or Nestle Management Trainee? Do these companies offer good career growth for their MT's? Or are they just like a company full of MT's (as previously mentioned in this thread)?

[taco_girl]

ano ba ang qualifications for an MT position in a bank?fast food chain?

[khristine_0021]

hei..anyone can tell me king san magaaply mt sa mc donalds???/

thanks....

[chillin_here]

may posting ang mcdonalds s jobstreet

submit your resume online they prefer it that way daw.. :D

[HeartBreaker200]

oh, thats high. ano bang trainings or pointers for MT? i work in IT, i know there's a big difference between the two. thanks :)

[upnextlevel]

go to this thread to preparfe yourselves, read from page 1 : http://www.pinoyexchange.com/forums/showthread.php?t=82624

also posted there what companies are looking for in a management trainee

[khristine_0021]

ive been looking nga po sa jobstreet pero *** me makita hindi pa sila tumatanggap ng walk in..can u *** give me an idea kung how much ang salary..ngwork na kc me sa call center..*** lang ive decided to resign..i feel so drain ****..bgla na lang me resign...i want to try sana to be mt

[upnextlevel]

call centers offer the highest salary for fresh graduates. it has become the standard now. many companies are now being forced to increase their offers, similar to salaries call centers give because other wise the brightest new graduates opt to work for call centers.

[bethegirl]

how about management trainee sa SM? malakit kaya ang pay?

[bapprentice]

Based on my friends' offers (Management Trainee):

Unilever: 40k+
P&G: 40k+
HSBC: 40k+
J&J: 30k+
Nestle: 30k+
URC: 25K
Oracle: 28k


Those are just the base salaries, wala pa yung other bonuses :eek: