Basic Salary For Fresh Graduate In Malaysia
Here s a lowdown of the average salaries you may expect in different industries from being a fresh graduate to a senior manager in malaysia.
Basic salary for fresh graduate in malaysia. Which is an increase from 2018 s rm2 482. The average salary is rm4 220 and 53 of employees have been with their current employer for less than 2 years. In this infographic we ve mapped out the typical salaries for entry level to senior manager staff in their respective fields based on jobstreet s 2018 salary report so you ll have a reasonable expectation of what your first paycheque might look like. Banks do offer more benefits including more annual leave for example.
The big 4professional accounting firms in malaysia pay rm3 000 per month for a fresh graduate in accounting working in audit assurance or taxation. Fresh graduates in malaysia now earn an average of rm2 635 a month. Salaries range from 1 670 myr lowest average to 29 400 myr highest average actual maximum salary is higher. This is the average monthly salary including housing transport and other benefits.
By comparison a few smaller audit firms are offering around rm2500 for a fresh graduate. A fresh graduate with a diploma earned a real salary of rm1 376 us 337 in 2018 a drop from rm1 458 in 2010. A person working in malaysia typically earns around 6 590 myr per month. Likewise the banking sector in malaysia pays the same basic salary albeit the sector is downsizing at time of writing jan 2017.
There is a 6 increase from 2018 which was rm2 482 keeping up with inflation while helping companies attract the most qualified candidates. Therefore it does seem possible for a fresh graduate to gun beyond the average of rm2 500 for their first job. Typically as a fresh graduate you can expect a starting salary of between rm1 900 and rm2 900. Well based on jobstreet malaysia s 2019 salary report you can expect a salary of between rm1 949 rm2 836 as a fresh graduate in malaysia.
Meanwhile a masters degree holder earned a real salary of rm2 707 in 2018 also a. According to bnm s annual report a fresh graduate with a diploma could earn a salary of rm1 376 in 2018 compared to rm1 458 in 2010 while a master s degree holder rm2 923 rm2 707. Malaysian employers were blamed for not paying the newly employed enough starting basic salary he said. However according to jobstore s survey it was noted that the salary for fresh graduates now averages at rm2 635.