Quote:
Originally Posted by Unregistered
UOB MA starts at 4400. After 2 years, it is 5k which means 6% per year. If you do the calculation, it should be around 6k after 5years.
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It's incorrect to make such an assumption. Although increment is at 6%, their pay is tied to a certain grade/rank. Every 2-3 years, they get promoted to the next grade, which leads to a significant pay raise.
I'm not from
UOB MA, but that's the case for most MA programmes.