Thursday, August 18, 2011

everybody wants $$$$$ huh??

Every fresh graduate wants to get a good job with high starting salary. Everyone expects as such. Now, everything is money. Without money, u r nothing. Girls will not even look at u (joking). But, yes.. money is extremely crucial today. A happy person may turn to be an unhappy person if he or she is poor, lazy, and doesnt have money. Money will be ur main concern if u live in city. The cost of living is getting higher and higher.

So, u shd have a high purchasing power. In jb, if u just earn 3k per month, and u r married, n ur wife is just a housewife, jobless, i have no idea how u r gonna live. I mean, u still can survive, but u will have a moderate way of living. It is much more worse in KL. With 3k income, u can only afford to own a flat. A low cost flat. dont be shocked if i tell u guys, 15k per month will just give u a terrace house in KL or JB. So just imagine how high the living cost is.

So,everyone concerns about money. Thus, income wd be a crucial subject among students who r about 2 finish their study. Many want to join private while the rest prefer to be in govt. Ive gone through internship programmes at two place this year. First, ministry of foreign affairs( we used to call it wisma), while secondly, at a medium size law firm, syed alwi ng n co. So, I am interested in making a comparison between salary given by d govt and private sector.

Well, It is a common perception that we r gonna get a good starting income if we join the private sector. Its not always true. Some big companies give an unreasonable salary which is quite low as compared to what the govt does. Nowadays, some assume that thing seems to have turned otherwise. They say you may get a high starting income by working with the govt. Just look how much does a fresh teacher get. Its even more than the amount a fresh lawyer gets.

We can see some stingy small law firms give a very small amount of payment to the chambering students and the legal assistants. But when it comes to some well known firms, the salary will be a bit higher. Maybe just a one or two hundreds more. This is the worrying trend that im seeing in our legal profession. Thats the reason why most of law graduates tend to join the government sector to start their carrier. They can get almost 3k per month once theyve been confirmed to their position.

Despite that fact, most of them do not realize that the increment isnt that much. But if u work with a law firm, even though the starting is considered small, we shd put in mind that the increment is quite high. it all depends on ur performance.the harder u work, the more u will get. Unlike the govt sector, where it is based on ur seniority. It wd be extremely sad to know that u just get 5k or 6k after working for 10 years. Uve been working like hell n yet u r given a very little amount of money. Its just not worth it.

Many senior lawyers have a very satisfied income after at least 5 years of working experience. This is the main reason why senior legal officers in AGC quit after working for like 10 years to open their own legal firm. Because they can make much more money by doing that. those who want a high starting salary wd definitely work with the government. After a couple of years, u can see, most of them will quit.

However, u will get many privileges by working with d govt. High housing loan, pension, allowances etc. plus, in case of economic downturn, u r not gonna lose ur job. u cant get those things in private. so, there will be advantages and disadvantages. Its all up to u.

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