Bank executives work long hours - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Bank executives work long hours

Reply
 
Thread Tools
  #1 (permalink)  
Old 23-06-2007, 11:43 PM
Salary.sg
Guest
 
Posts: n/a
Default Bank executives work long hours

According to a survey by eFinancialCareers.sg, the well known "financial job marketplace" portal, Singapore bank executives work the longest number of hours.

As reported in the Straits Times, 44% of our bankers work more than 55 hours a week, with Hong Kong and UK not too far behind at 43% and 41% respectively.

The global average is 38.5%.

As for bank executives working less than 35 hours a week, the global average is 7%. We are not too bad at 4%. Hong Kong is perhaps a little better at 8.6%.

The reason for our bankers working so hard is quite apparent:
Quote:
"... with fat pay cheques, bumper bonuses and career advancement opportunities, local bank executives do not seem to mind the long hours."
Would you?

http://www.salary.sg/2007/bank-execu...rk-long-hours/

Reply With Quote
  #2 (permalink)  
Old 25-05-2008, 11:58 AM
peanuts---
Guest
 
Posts: n/a
Default 1748

Bankers put in an upwards of 100+ hours a week. If you count the number of hours analysts work, they are paid minimum wage by US standards. Better off working in McD.

Reply With Quote
  #3 (permalink)  
Old 25-05-2008, 03:02 PM
mango---
Guest
 
Posts: n/a
Default 1751

peanuts: your calculations are way off. Even if McD pays US$10/hr, that's US$1k+ per week, which is no where near the US$100k pa these slogging analysts are getting.

Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What work-life balance? Salary.sg Income and Jobs 3 04-08-2022 11:49 PM
Our executives' take home pay ranks 9th Salary.sg Income and Jobs 0 17-07-2007 01:55 PM
High pay for bank operations recruits Salary.sg Income and Jobs 0 11-07-2007 01:53 PM
Work forever? Salary.sg Investments and Net Worth 0 28-05-2007 11:59 PM

» 30 Recent Threads
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,949 Replies, 4,781,806 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,860 Replies, 1,478,178 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,148 Replies, 1,111,511 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
1,201 Replies, 464,643 Views
Lawyer Salary ( 1 2 3... Last Page)
21,231 Replies, 10,574,369 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
923 Replies, 539,842 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,429 Replies, 5,192,657 Views
Compare civil service salary ( 1 2 3... Last Page)
16,467 Replies, 12,692,056 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,765 Replies, 2,439,316 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
858 Replies, 409,446 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
811 Replies, 432,505 Views
GovTech ( 1 2 3... Last Page)
6,376 Replies, 2,430,368 Views
ST Electronics ( 1 2 3... Last Page)
3,837 Replies, 1,602,394 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,567 Replies, 1,424,250 Views
Career as Teacher ( 1 2 3... Last Page)
11,305 Replies, 6,935,257 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,293 Replies, 659,198 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,191 Replies, 3,857,210 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,366 Replies, 1,182,924 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,419 Replies, 3,511,125 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
767 Replies, 440,758 Views
Officer Role in Bank of Tokyo -... ( 1 2 3... Last Page)
329 Replies, 291,022 Views
Working Culture in IRAS ( 1 2 3... Last Page)
80 Replies, 172,661 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
338 Replies, 387,244 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,859 Replies, 1,253,887 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,931 Replies, 2,945,336 Views
Project management
5 Replies, 3,730 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
428 Replies, 510,606 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,490 Replies, 814,773 Views
Primary School English Grammar and...
2 Replies, 6,617 Views
Working at Attorney General...
3 Replies, 404 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:15 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2