Quote:
Originally Posted by Unregistered
UOB has slight rank inflation. They have 2 tiers of VP, VP1/VP2. Their junior VP salary can be as low at 90k p.a. base. or 7.5k p.m. This is common for banks like HSBC and SMBC also where pple can hit VP v fast but their p.a basic is only at around 80-90k p.a.
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thanks for the insights... it's certainly helpful for me and others who are trying to find out more on banks promotion and progression...
also to add on, do sales / commission based employees fall under the same "ranking system"?
as some forumers have pointed out, seems like the title is very much inflated for purpose of doing business with end-consumers. like in the case for insurance agents and property agents as well.
is a VP doing loans a "real" VP? or in actual fact it's just AVP or lower??