Barclays

Originally Posted by Unregistered

Anyone knows if VP in back office IT - annual 181,500/annum (base+additional base+car allowance) is a good one? I came from India but naturalized to Singaporean. In Barclays Capital, there is no SVP, EVP, only VP then Director.

That's fair. Its within the market rate for VP or associate director (depending on bank, in UBS where there's rank inflation, its equivalent to director) position i.e. SGD160 to SGD250k.

Originally Posted by Unregistered

That's fair. Its within the market rate for VP or associate director (depending on bank, in UBS where there's rank inflation, its equivalent to director) position i.e. SGD160 to SGD250k.

Does "additional base" mean bonus? Or do the figures include bonuses?

Originally Posted by Unregistered

Does "additional base" mean bonus? Or do the figures include bonuses?

Salary/ bonus structure in Barcap is complicated now

I was told Barcap is saving on bonuses and salary increment, so base+addtl.base+car allowance make up your cash compensation, but bonus and salary increment only counted against base only.

Hmm... so 180k is at lower limit and if what I heard is true that bonus is only 1 month, this is not good.

When I move to other bank, will adjustment is counted against whole cash compensation or just the base portion?

Hi all,

I'm currently working in a small bank doing shift hours and getting a fixed allowance on top of my basic every mth.

Can anyone advise if i were to change job, would the next employer take my fixed allowance into consideration if it were for a day job instead?

Eg. current salary 3k + 1k fixed allowance = 4k/mth

Would the new employer consider my last drawn pay as 3k only or 4k? since my allowance is fixed every mth. Note the new job is a day job (day hours, not shift)

Thanks for all advice and input.

Originally Posted by Unregistered

I was told Barcap is saving on bonuses and salary increment, so base+addtl.base+car allowance make up your cash compensation, but bonus and salary increment only counted against base only.

Hmm... so 180k is at lower limit and if what I heard is true that bonus is only 1 month, this is not good.

When I move to other bank, will adjustment is counted against whole cash compensation or just the base portion?

1 month is a round-up...

Does anybody know what kind of pay that the management associate in OCBC Malaysia is getting?

Originally Posted by SFL

you idiots. 120k is def achievable fresh out of school at a top bb.

DBS is not a BB that is why their IBD analysts are gettin a shitty 3k.

To a very large extent the pay depends on whether you are front office or back office, i.e. whether you are generating revenue for the bank or consuming revenue. Those who are not generating revenue are obviously paid much less than SUCCESSFUL front office bankers. No bank is so dumb to pay unsuccessful bankers tens of thousands every month.

Originally Posted by Unregistered

To a very large extent the pay depends on whether you are front office or back office, i.e. whether you are generating revenue for the bank or consuming revenue. Those who are not generating revenue are obviously paid much less than SUCCESSFUL front office bankers. No bank is so dumb to pay unsuccessful bankers tens of thousands every month.

It depends on how you play the politics. There some people who continually make losses, but still survive and survive well.

Hello Guys. I am from India & having plans to relocate to Singapore. I am an engineer by profession & hold a master's degree too. I would like to know what is the average salary i can expect with 6+ yrs of experience?

Thanks in advance.