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  1. Join Date
    Jul 2007
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    #1
    How do I compute for my salary pala? Is it true that some companies are 12 months lang talaga because the bonus is incorporated in the salary already?

    So if I am earning 10,000 per month then we get get 15 mos = 10,000 x 15 = 150,000 / 12 = P12,500. so in effect my monthly salary is 12500? Some companies ask for monthly kasi and not annual.
    Last edited by _Cathy_; August 11th, 2015 at 12:34 AM.

  2. Join Date
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    #2
    Quote Originally Posted by _Cathy_ View Post
    How do I compute for my salary pala? Is it true that some companies are 12 months lang talaga because the bonus is incorporated in the salary already?

    So if I am earning 10,000 per month then we get get 15 mos = 10,000 x 15 = 150,000 / 12 = P12,500. so in effect my monthly salary is 12500? Some companies ask for monthly kasi and not annual.
    About to jobhunt na?

    AFAIK

    salary = basic pay dun sa payslip mo, if incorporated na lahat then it becomes your basic pay.

  3. Join Date
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    #3
    Quote Originally Posted by _Cathy_ View Post
    How do I compute for my salary pala? Is it true that some companies are 12 months lang talaga because the bonus is incorporated in the salary already?
    That is SADLY true. I am not sure how these companies go around the system....


    Quote Originally Posted by _Cathy_ View Post
    So if I am earning 10,000 per month then we get get 15 mos = 10,000 x 15 = 150,000 / 12 = P12,500. so in effect my monthly salary is 12500? Some companies ask for monthly kasi and not annual.
    You ask them first on their concept/scheme of "basic salary",- and then, you give them the equivalent number from what you are getting now.

    Good luck!



    "The measure of a man is what he does with power" LJIOHF!

    27.2K _/_/_/_/_/:horse:_/_/_/_/_/

  4. Join Date
    Apr 2007
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    #4
    Quote Originally Posted by CVT View Post
    What ride did you blank bro...?

    How's its drive now?

    Real nice to hear from you again.....
    I'll have it done sa 21, maybe. Yun Tucson lang, bro. Ayoko pa operahan yun bagong Pajero, malalagot ako sa commander

    Kamusta kayong lahat?

  5. Join Date
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    #5
    So possible malugi ako. Using my computation. My fix salary is 10k but since we get 15 mos ang annual ko is P150k. So if a company offers me P12k per month pero × 12 lang sila ang annual ko P144000 . Online job applications kasi hinihingi yun monthly salary e dunno how I should compute it

  6. Join Date
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    #6
    Quote Originally Posted by _Cathy_ View Post
    So possible malugi ako. Using my computation. My fix salary is 10k but since we get 15 mos ang annual ko is P150k. So if a company offers me P12k per month pero × 12 lang sila ang annual ko P144000 . Online job applications kasi hinihingi yun monthly salary e dunno how I should compute it
    If online job application,- give them them the all-in number as your basic salary....

    And then, just rehash the number later during the actual interview.



    "The measure of a man is what he does with power" LJIOHF!

    27.2K _/_/_/_/_/:horse:_/_/_/_/_/


  7. Join Date
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    #7
    So that is the 150,000? It's so hard because most jobs in my expected salary (current salary + 5%) are all at least managerial Ideally nga current salary + 20% kasi parang not worth it lumipat with an increase below 20%. There are positions na branch head ng retail banking. But I have zero experience in retail. But I like that there are banks near my house, I can just walk to work
    Last edited by _Cathy_; August 11th, 2015 at 10:41 AM.

  8. Join Date
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    #8
    Quote Originally Posted by _Cathy_ View Post
    So that is the 150,000? It's so hard because most jobs in my expected salary (current salary + 5%) are all at least managerial Ideally nga current salary + 20% kasi parang not worth it lumipat with an increase below 20%. There are positions na branch head ng retail banking. But I have zero experience in retail. But I like that there are banks near my house, I can just walk to work
    Just divide 150k by 13. All companies are mandated by law to give 13th month pay so it's really just the 14th and 15th that you get as extra. Come negotiation, you should also include any performance bonuses you receive annually as part if the computation.

    I would also agree that you should get around a 20% increase to make the jump worth it. It could be a little lower, as long as there are other perks that you don't have with your current job (such as proximity to your house, or flexible work hours).

  9. Join Date
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    #9
    Quote Originally Posted by jut703 View Post
    Just divide 150k by 13. All companies are mandated by law to give 13th month pay so it's really just the 14th and 15th that you get as extra. Come negotiation, you should also include any performance bonuses you receive annually as part if the computation.

    I would also agree that you should get around a 20% increase to make the jump worth it. It could be a little lower, as long as there are other perks that you don't have with your current job (such as proximity to your house, or flexible work hours).
    Bro.,- based on our information and some level of benchmarking,- I know of at least a couple of prominent BPO companies who incorporate their mandated 13th month pay in their "basic salary".... Hawa nga e...

    This is the reason why I was wondering how they could get away with it....



    "The measure of a man is what he does with power" LJIOHF!

    27.2K _/_/_/_/_/:horse:_/_/_/_/_/



  10. Join Date
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    #10
    I am starting to check for jobs online and majority of the jobs that are available are BPO and shifting Before graduation, we were given a list of companies that should be our targets (Shell, Unilever, P&G, J&J Citibank, HSBC, Nestle etc) None of those companies have openings online (except for their shared service business) Consider yourself lucky if you work for an MNC. I don't like working on shift and BPOs don't have much benefits and a high turrnover rate. I really prefer a company where employees can stay until retirement. My former manager left the bank and joined the BPO of Shell and did not last one year because of the culture. She is discouraging me from applying there knowing my personality daw

  11. Join Date
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    #11
    Quote Originally Posted by _Cathy_ View Post
    I am starting to check for jobs online and majority of the jobs that are available are BPO and shifting Before graduation, we were given a list of companies that should be our targets (Shell, Unilever, P&G, J&J Citibank, HSBC, Nestle etc) None of those companies have openings online (except for their shared service business) Consider yourself lucky if you work for an MNC. I don't like working on shift and BPOs don't have much benefits and a high turrnover rate. I really prefer a company where employees can stay until retirement. My former manager left the bank and joined the BPO of Shell and did not last one year because of the culture. She is discouraging me from applying there knowing my personality daw
    That company is in the "second star to the right".....

    The landscape of employer-employee relationship has significantly changed through the years....

    Companies are in for profit and profit alone. They're not anymore akin to Country Clubs.....



    "The measure of a man is what he does with power" LJIOHF!

    27.2K _/_/_/_/_/:horse:_/_/_/_/_/

    Last edited by CVT; August 11th, 2015 at 11:43 AM.

  12. Join Date
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    #12
    Quote Originally Posted by _Cathy_ View Post
    I am starting to check for jobs online and majority of the jobs that are available are BPO and shifting Before graduation, we were given a list of companies that should be our targets (Shell, Unilever, P&G, J&J Citibank, HSBC, Nestle etc) None of those companies have openings online (except for their shared service business) Consider yourself lucky if you work for an MNC. I don't like working on shift and BPOs don't have much benefits and a high turrnover rate. I really prefer a company where employees can stay until retirement. My former manager left the bank and joined the BPO of Shell and did not last one year because of the culture. She is discouraging me from applying there knowing my personality daw
    Consider though that if you join Shell's shared service center (SSSC), it could be your ticket to entering PSPC (Pilipinas Shell) or perhaps even SPEX (Shell Philippines Exploration - in charge of Malampaya). SSSC isn't really a BPO through and through - there are roles there that are of higher job groups than in PSPC.

    I know of a business developer from PSPC who was transferred to SSSC as an Ops Manager and that was considered a promotion. More commonly, there are a lot of SSSC dispatch assistants who get promoted to become Territory Managers or Key Account Managers.

    Also, not all MNCs are created equal - whether it's pay grade or culture, some are more "first-world" than others.

    You can apply for most MNCs through the Career pages of their websites - you fill up a form, attach your resume, and your application gets stored in their talent pool and you might get called up when a position opens up. However, I think it's much more effective if you can get someone who works in the MNC you're eyeing to hook you up with HR for any opportunities available.

    Having a LinkedIn account helps too - the headhunter who linked me up with my current job just found me via LinkedIn.

  13. Join Date
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    #13
    Quote Originally Posted by CVT View Post


    Bro.,- based on our information and some level of benchmarking,- I know of at least a couple of prominent BPO companies who incorporate their mandated 13th month pay in their "basic salary".... Hawa nga e...

    This is the reason why I was wondering how they could get away with it....



    "The measure of a man is what he does with power" LJIOHF!

    27.2K _/_/_/_/_/:horse:_/_/_/_/_/


    Interesting - so potential hires should really compute their "basic" as 13/12 or 108% of what their true basic is, since the 13th month is already imputed there.

    Para-paraan nga naman... [emoji36]

  14. Join Date
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    #14
    Quote Originally Posted by jut703 View Post
    Interesting - so potential hires should really compute their "basic" as 13/12 or 108% of what their true basic is, since the 13th month is already imputed there.

    Para-paraan nga naman... [emoji36]
    I was also surprised when I found out about this. I would rather have my 13th month separate from the basic. At least it's not taxable for the first P80k. And I look forward to something in Nov/Dec.

  15. Join Date
    Feb 2008
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    #15
    Pa-operahan mo na pajero kay zix. Sanay yan sa mitsu

    What time kayo sa 21? Baka maka daan ako kay zix

    Sent from my Nexus 7 using Tapatalk 2

  16. Join Date
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    #16
    Quote Originally Posted by crazy_boy View Post
    Pa-operahan mo na pajero kay zix. Sanay yan sa mitsu

    What time kayo sa 21? Baka maka daan ako kay zix

    Sent from my Nexus 7 using Tapatalk 2
    Still not sure, bro. Mahirap pag malayo na ang bahay sa Manila. Bihira lumuwas

    - - - - - - - - - - - - - - - - - - - - - -

    Quote Originally Posted by crazy_boy View Post
    Pa-operahan mo na pajero kay zix. Sanay yan sa mitsu

    What time kayo sa 21? Baka maka daan ako kay zix

    Sent from my Nexus 7 using Tapatalk 2
    Still not sure, bro. Mahirap pag malayo na ang bahay sa Manila. Bihira lumuwas

  17. Join Date
    Feb 2008
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    12,683
    #17
    Cat, rule of thumb is 20% bump should you jump. You need to post your resume on linked in or jobstreet to get noticed. Believe me, a lot of HR practicioners and headhunters are using the job board to search for candidates as it is less expensive than engaging a recruitment firm.

    Having said that, I would still suggest to talk to your VP or AVP about your situation and ask to be transferred. Be open about your desire to stay but the current environment is making you ineffective. Managers have the responsibility to provide a conducive workplace and the right tool to allow you to succeed. Talk to a mentor, work on your development plan, and delight the boss. Good luck!
    Last edited by dreamur; August 11th, 2015 at 11:59 PM.

  18. Join Date
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    #18
    Quote Originally Posted by dreamur View Post
    Having said that, I would still suggest to talk to your VP or AVP about your situation and ask to be transferred. Be open about your desire to stay but the current environment is making you ineffective. Managers have the responsibility to provide a conducive workplace and the right tool to allow you to succeed. Talk to a mentor, work on your development plan, and delight the boss. Good luck!
    I don't want to transfer to another department since my bosses are my only motivation at work. I talked to someone higher than my AVP (you know who that is) He was not happy with what he heard. He thinks it's something that his boss should deal with.

  19. Join Date
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    #19
    Some companies compare base pay and total compensation (all in) when they do salary offers. It is possible that base pay would be the same or even lower, but total cash comp would end up higher because of benefits and incentives (including bonuses). The catch is base pay + 13th month are fixed income while the rest are variables, and normally dependent on market condition and company performance.

  20. Join Date
    Feb 2008
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    12,683
    #20
    Try ANZ, I think they have a good compensation and employee retention program. St least from what I heard from the MD who is one of the speakers in the SSON conference. One key decision they made was to hire PWDS and LGBT members who proved to be loyal to the company.

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