Why gross increment can be misleading
If your salary increases by RM500, your bank account may not increase by the full RM500. EPF, SOCSO, EIS and estimated income tax can all change. This is why a side-by-side comparison is more useful than a single gross salary number.
Example: RM5,000 to RM8,000
| Item | Estimate |
|---|---|
| Gross salary increase | +RM 3,000 |
| Estimated take-home increase | +RM 2,259 |
| Estimated take-home retained from increase | 75.3% |
Negotiation tip: if you have a target net pay in mind, test a few gross salary levels before deciding what increment to ask for.
How to use the comparison tool
Put your current monthly salary into Salary A. Put your proposed salary into Salary B, or use the increment buttons such as +5%, +10%, +15%, +20%, +25% or +30%. The calculator shows gross increase, extra take-home pay and the estimated deductions that changed.