Looking beyond your paycheque

Salaries are important, true. But they’re not all you should look at.
 Sarah Si Yan Ying
Sarah Si
Editor

It’s easy to get to know what a company expects from you – you have a rough guide in the form of the job posting you’ve read, and you’ll get a better idea when you’re invited for an interview with the company you’ve applied to.

But on the other hand, you’ll also be bringing your own expectations into the role if you accept the job. Case in point, your remuneration in exchange for the work you’re agreeing to do. But while drawing a paycheque might be one of the primary reasons you’ve decided to join the workforce – everyone works to get paid, after all – there’s really more to consider. For instance, there are employee benefits, such as paid leave, or even medical perks such as dental or corporate insurance, to look at. So, how do you navigate this area?

 

Back your worth to what you have

Before you begin looking beyond your paycheque, it’s good to stop and take a look at what remuneration you’re getting first. Sure, there may be more to a job than just its tangible perks, but knowing how much your work is worth is still important. And even though you might have an idea, it’s also great to keep in mind that various companies have pegged different ranges and expectations to knowledge and experience.

Even though you’re a fresh graduate with little experience for employers to refer to, there are other factors taken into account when offering you a salary

As Wes Chee, Senior Recruiter, Asia Pacific and Japan, Acronis Asia, said. “The only thing that can be measured is whether you have certain skill sets, the type of knowledge you already have, the number of internships you’ve completed and the kind of projects you’ve done.”

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Looking past pay

Now you can start looking past monetary remuneration!

“Find out if the company has company insurance in place, whether they provide flexi-benefits that cover annual health checks, whether they reimburse what you buy, and whether they have a fixed bonus or performance bonus in place,” Chee advised.

You can even look at if the company you want to apply to is aligned with some of your values, such as espousing corporate social responsibility, sustainability and diversity and inclusion. Consider their corporate culture too!

 

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Turning the intangible to tangible            

You can also consider taking on converting your intangible perks to tangible benefits as your long-term goal.

For instance, if your prospective company offers international career opportunities and a lot of upskilling and learning opportunities, you can later turn this know-how to a higher paycheque sometime in the future.

“If you work hard and pick up the relevant skills and experience, you will be recognised by the organisation,” Kingley Lim, Head of Talent Acquisition, said frankly. “You just have to be patient.”

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