Not only do MNCs pay low wages to middle-management positions, but the annual growth rate in compensation is a measly 5%, whereas in large local corporations, you not only get high salaries & benefits, but you also get a minimum 10% annual increase. I guess training in an MNC would be ideal when one starts a career, but if you want the highest salaries, you should get a position in a large local company (LLC). Moreover, MNCs cap your salary within a very limiting range. I guess this is dictated by the corporate headquarters in the developed country (i.e., US, Europe).
By the way, I reside in South East Asia.
2006-08-14
20:02:46
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5 answers
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asked by
Terry L
2
in
Careers & Employment