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View Full Version : How Much Is Your Preferred Basic Salary? Students/Fresh Grads Speak Up!!


Kent_210
Mar 15, 2006, 08:54 AM
I know there's a lot of students/fresh graduates out there.
Mind if you can share us your preferred salary?
Better if you could elaborate further why.
Something like..."kasi breadwinner ako, kasi cumlaude ako, kasi graduate ako ng blah blah blah...."

Para sa mga working PEXers naman na matagal na sa kani kanilang industriya, how much do you think is the sufficient basic salary for an entry level...yung tipong makatarungan naman :)

Actually, when Im looking for my first Job, I dont have any preference for as long as nakakagimik ako every week at nakakapag shop ng konti hehehe.

It was 2004 when I landed on my very first job.
They asked me the same question, I said not lower than 12K per month.

I was shocked when they offered me 14K plus 6K/month night shift allowance.
So that would be 20K per month, tapos may bayad din ang OT, e lagi kaming may work ng Saturday.
Kaya lang contractual yung job, it depends on the project.

Pero as an entry level, for me napaka swerte ko na to earn such amount.
By the way, hindi po ako graduate ng DLSU, UP or LaSalle...

*okay*

clone19
Mar 15, 2006, 09:53 AM
P30,000 kasi sa school investment and di naman ako academically challenged. Cute pa. Hahaha!

floreno
Mar 15, 2006, 11:20 AM
Contractual pala eh....ganun talaga....mga 20k pataas ang offeran nyan..lalo na sa mga fresh grads.

Kapag me work experience ka na... it can go up upto 40K - 50K a month

KuyaDanny
Mar 15, 2006, 12:33 PM
In a few months, I would like to come back to this thread and ask everyone who posted:

"Did you get your preferred basic salary from your employer?"

Kent_210
Mar 15, 2006, 01:29 PM
Contractual pala eh....ganun talaga....mga 20k pataas ang offeran nyan..lalo na sa mga fresh grads.

Kapag me work experience ka na... it can go up upto 40K - 50K a month

Is it a GOLDEN experience? :)

Kuya Danny/Everyone,
Perhaps you can help us.
Any idea of the average basic salary for fresh grads nowadays?
I know it depends on the field.
Any info's are certainly well appreciated.

Thanks...

Kolmogorov
Mar 15, 2006, 07:31 PM
well, even prestigious companies offer entry-level salaries for as low as P 13K/month.... sad but true

KuyaDanny
Mar 15, 2006, 09:36 PM
Is it a GOLDEN experience? :)

Kuya Danny/Everyone,
Perhaps you can help us.
Any idea of the average basic salary for fresh grads nowadays?
I know it depends on the field.
Any info's are certainly well appreciated.

Thanks...

Please do not take this the wrong way.

We are still able to hire employees with college degrees at P10K/month. They typically have 2-4 years' work experience, and our starting offers already represent a premium of about 18% over what these people are making at their current jobs. So if you think the salary offers you receive are low, you should also appreciate that other people's salaries might be lower still.

Kent_210
Mar 15, 2006, 09:36 PM
Certain companies do ... im referring to the other thread where-in companies like P&G, Shell, etc offered high salary for an entry level.

But in MOST companies...even 13K per month salary is even higher pa.
That is based it on my experience during my job hunting 2 years ago.

jas1one
Apr 1, 2006, 05:53 PM
Depends on the Co. For now, newly grad is averaging 12,000. Now its up to them if they can make it 20,000 pesos after 14 months. If not then I suggest that you move on.

Ako nun I started 10,000 pesos. After 1 year naging 15,000. Then naging 20,000. Then naging 30,000. Then naging 40,000 and so on. It really pays when your in focus.

dewy
Apr 1, 2006, 09:44 PM
would anyone know how much is the usual entry level salary for a trader position in banks or investment houses?

rychu
Apr 2, 2006, 12:24 PM
For IT peeps, at least 20K.

_grace
Apr 3, 2006, 02:08 PM
Please do not take this the wrong way.

We are still able to hire employees with college degrees at P10K/month. They typically have 2-4 years' work experience, and our starting offers already represent a premium of about 18% over what these people are making at their current jobs. So if you think the salary offers you receive are low, you should also appreciate that other people's salaries might be lower still.


I have a lot of friends in the medical profession. For someone applying for residency training, pinakamataas nang sweldo ang P12K, minus tax pa. Usual rate is between P8-9K/month. That's with a 24-48 hour duty rotation, 7 days a week. On call ka pa even on your days off. After you complete your residency, bahala ka na magset-up ng clinic mo. If you want to practice at a reputable hospital, you have to shell out major bucks to rent/buy clinic space.

And people wonder why a lot of doctors in the Philippines take up nursing to go abroad.

SpiritedAway
Apr 3, 2006, 04:44 PM
i started at 60K.

jas1one
Apr 4, 2006, 12:25 AM
i started at 60K.

Are you also working in Shell?

Blue Zoo
Apr 4, 2006, 12:05 PM
For IT peeps, at least 20K.

IT peeps with experience, you mean.

Most comp sci grads I find aren't worth P10k.

adonis827
Apr 4, 2006, 06:30 PM
i first worked at a prestigious multinational company and they offered me 25k starting salary as a web programmer. i only lasted for four months. then in my second (current) job in a government research institute, i started at 15k. 6 months later it was raised to 18k. now i am in here for 1 year and 6 months i am gunning for the next higher contract which is 21k. i think i am nearing that feat. i only want to last for about two years though and i would start looking for a higher paying job again. for around 2 years of experience i expect no less than 25k. but that is still rare.

rychu
Apr 4, 2006, 10:21 PM
IT peeps with experience, you mean.

Most comp sci grads I find aren't worth P10k.

Even without experience. It really depends on the skill set, resume, personality and sometimes, the school.

bleh
Apr 4, 2006, 11:23 PM
I have a lot of friends in the medical profession. For someone applying for residency training, pinakamataas nang sweldo ang P12K, minus tax pa. Usual rate is between P8-9K/month. That's with a 24-48 hour duty rotation, 7 days a week. On call ka pa even on your days off. After you complete your residency, bahala ka na magset-up ng clinic mo. If you want to practice at a reputable hospital, you have to shell out major bucks to rent/buy clinic space.

And people wonder why a lot of doctors in the Philippines take up nursing to go abroad.

i heard about it from my doc before. she was sharing her clinic space with another doc pa. if i remember it right, in reputable hospitals it's at P3M at least. they got their clinic at Eastwood for almost half that. so i can't really feel bad when she charges more than twice the going rate in the provinces even if the doctors in the provinces were their classmates and are just as competent as they are.

Assassin_Mage
Apr 10, 2006, 10:07 AM
I agree with Blue zoo.

not cause you are an IT grad you can demand for a 20K salary..
I once interviewed a freshie...
no outstanding detail in his resume...
IQ was just okay...
EQ was a bit low...
transcript of records showed some failed subjects...

and when I asked how much he would be asking ... he answered coolly
"I am looking at around 30K..."

to which I responded...
"and what if we cant give you that?"

and his brilliant answer was..............................................
"well am sorry then sir.. I would have to withdraw my application..."

GOD!!! the gall of the guy.. I simply terminated the interviewed right then and there stating that I simply could not in my right mind give him his asking salary..

rychu
Apr 10, 2006, 10:30 PM
well, it is MY preferred salary. i got it naman so happiness for me.

mikki_pretty
Apr 11, 2006, 08:48 AM
hi everyone! me, when i first started at my current company, they didnt give my preferred/asking rate. however, for my 1 WEEK stay here, i got a raise! haha! and i got a bigger responsibility! yun lang.. pero i'm happy with what i'm getting.. hopefully, be regularized so that i could avail for the benefits!

knightinarmor
Apr 12, 2006, 12:55 AM
basta 10 thou pataas is pretty good.... especially for entry level peepz...

virtualInsanity
Apr 17, 2006, 03:37 PM
12-15k is usual IT kasi field ko
di ko lang alam sa ibang field, pag management trainee umaabot ng 25? depende na siguro sa kumpanya

Blue Zoo
Apr 17, 2006, 06:16 PM
Even without experience. It really depends on the skill set, resume, personality and sometimes, the school.

No, pretty much any programmer worth P20K coming out of college will show some sign of advanced aptitude via work done outside of school, or a project perfected far above expectation.

If the programmer just passed school requirements, even with fairly high grades, that does not warrant an automatic P20k/month.

While I agree that some new IT grads manage to get P20K, I'll also safely vouch that most of them don't deserve it. Especially when there are plenty of seasoned programmers who are stuck at P15K.

Blue Zoo
Apr 17, 2006, 06:25 PM
12-15k is usual IT kasi field ko
di ko lang alam sa ibang field, pag management trainee umaabot ng 25? depende na siguro sa kumpanya

See, that's what I think is fair for a good entry level candidate.

Slightly off-topic: I'm disturbed by Accenture's aggressive recruiting this past year or two. They're hiring into the thousands and their starting starts at P8500/month. Yet tons and tons of grads are signing up.

Being one of those who went through a small salary at a big consulting firm before going on to better things, I can understand completely why, as a newbie, you would agree to take a low salary at a top company as against a somewhat higher one at a small company. This is a good thing.

However, with Accenture taking so many fresh grads, this will create a glut of Accenture-trained IT personnel at some time in the near future. I wonder though if this will kill their marketability in the future and I also have serious questions about the quality of training they'll receive during their time at Accenture.

gwaping17
Apr 17, 2006, 09:08 PM
I don't know about the training but I think that this will affect their marketability negatively. So many people resigning. I dunno the reason why new grads still consider Accenture.

trizfores
Apr 17, 2006, 10:54 PM
well, i would like to get a high paying salary if ever. it's because i am thinking of the furture. having a small house and lot with a family. would want to place a large amount of savings aside so that i may invest it elsewhere.

virtualInsanity
Apr 18, 2006, 08:30 AM
See, that's what I think is fair for a good entry level candidate.


12k is a good start IMHO *okay*
when i was a graduating student, i said to myself that 9k would would be nice. but luckily, my first company offered my 11k :D


Slightly off-topic: I'm disturbed by Accenture's aggressive recruiting this past year or two. They're hiring into the thousands and their starting starts at P8500/month. Yet tons and tons of grads are signing up.

Being one of those who went through a small salary at a big consulting firm before going on to better things, I can understand completely why, as a newbie, you would agree to take a low salary at a top company as against a somewhat higher one at a small company. This is a good thing.

However, with Accenture taking so many fresh grads, this will create a glut of Accenture-trained IT personnel at some time in the near future. I wonder though if this will kill their marketability in the future and I also have serious questions about the quality of training they'll receive during their time at Accenture.

i've never thought of this one, this might cause bad effect in the future
what's with Accenture with their aggresive mass hiring? Aggresive resignation :D

virtualInsanity
Apr 18, 2006, 08:40 AM
well, i would like to get a high paying salary if ever. it's because i am thinking of the furture. having a small house and lot with a family. would want to place a large amount of savings aside so that i may invest it elsewhere.

well, i guess any career oriented type of person thinks this way except if your a brat type who only thinks of gadgets :lol:

sad truth, it would be hard/impossible for a file/rank type of employee to have his own house and lot. most people i know usually rents an apartment. i've been thinking of working abroad to reach this dream, my BIG dream :naughty:

dickie
Apr 18, 2006, 02:05 PM
8,500 salary in Accenture refer to its BPO not it's IT or delivery center where the starting salary is 15,000.

RIGOR
Apr 19, 2006, 12:19 AM
8500 ba ang fresh grad sa accenture? liit lang pala..parang banks din.. dito samin fresh grad IT/Programmer, mahina 25k,,shucks dapat ng programmer na lang ako..

froshie1
Apr 19, 2006, 05:16 AM
^ BPO iyon at hindi iyong IT Delivery Centre

virtualInsanity
Apr 19, 2006, 08:51 AM
8500 ba ang fresh grad sa accenture? liit lang pala..parang banks din.. dito samin fresh grad IT/Programmer, mahina 25k,,shucks dapat ng programmer na lang ako..

BPO po kasi yun! non-IT

i'll assume na azues ka :)

trizfores
Apr 19, 2006, 12:44 PM
pay isn't everything though. there are some companies that offer really good incentives. llike they pay for insurance and housing loan in w/c they pay for over a long period of time.

son23kat
Apr 19, 2006, 04:50 PM
i've never thought of this one, this might cause bad effect in the future
what's with Accenture with their aggresive mass hiring? Aggresive resignation :D

partly true. Mataas ang turnover kaya kailangan aggressive sa hiring. Pero Accenture is aggressive sa hiring mainly because it has lots and lots of projects na hindi natutuloy (naibibigay sa India Delivery Center instead of Manila) dahil kulang sa tao.*okay*

putoti
Apr 21, 2006, 05:19 AM
My first job was in 2001 at a software company not very well known in the Phils but is pretty big in the US. My asking salary was at least P10k I'm not sure why yon ang naisip ko. I graduated from one of the top universities. Sure enough P10k lang ang binigay. I wasn't too happy with it but all the trainings and knowledge I gathered compensated the small salary. Then after 6 mos nag-increase to P12k then after 1yr and 3 mos I was offered P23k from a big well known company na client namin. After 1 yr nasa States na ko. Kahit maliit ang starting salary ko yung experience ko doon ang nagdala sakin dito and I like my job and the pay now.

Blue Zoo
Apr 21, 2006, 05:17 PM
8,500 salary in Accenture refer to its BPO not it's IT or delivery center where the starting salary is 15,000.

Ok, even if it is 15k (although I was told that 15k is not starting, you need a promotion or two at Accenture to make that), it doesn't change the point.

Too many Accenture personnel means that there will be a glut when they all feel that they've spent their mandatory two years at Accenture and start applying for big bucks at other companies. A good number of them will be disappointed simply because there's too many of them with the same skills.

Mark my words. From this point on, open source specialists will be at a premium. Entire batches going to Accenture (which is a strict Microsoft-only shop) will mean that few will be trained in alternative technologies, which is what is highly coveted by small to medium companies.