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What’s Your Expected Salary Increment for Year 2012? [ January 25th, 2012 ] | 303 views | 2 Comments

Just wondering, what’s your annual increment like? Normally, the increment can range between 5-20% which depends very much on individual performance, size, nature, and culture of the company.

salary increment

However, for those skilled employees, the wages are still linked to experience, productivity and demand. Most of the organisations are still willing to offer attractive remuneration packages for candidates equipped with the desired skills. Thus, highly skilled and productive employees are more likely to earn more.

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Malaysia Motor Insurance - No Claim Discount (NCD)

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Do you know what is NCD? NCD is No Claim Discount and this is the thing that every people should know when buying car. If you are buying car for the first time or become the first time policyholder, then you will not have NCD for the first year on the road.

This No Claim Discount (NCD) is only given to the policy holders upon they renew their motor insurance if no claim was made against your policy within 12 months coverage. Let say if you free from any claim within the year, then you will be rewarded with a 25% NCD discount of your renewal premium next year. Else, your NCD for your car will be forfeited and falls back to 0%. In the other words, once you have claimed on the motor insurance then your NCD is gone.

For those existing car driver who is planning to change their car then they can transfer their current NCD to new car’s insurance, even if switch to another insurance company. However, the NCD is not transferable to another person. Let say you have 55% NCD for your existing car but you sold it and didn’t buy another car within 2 years then your 55% NCD will go down 2 levels become 38.33%.

NCD Is Not Just A Discount

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November 15th, 2009 | Posted in » Finance Tips, Insurance | 7 Comments | 8,302 views