Quote:
Originally Posted by Unregistered
Lol seriously. Nowadays, new grads has lots of expectation. Why do you think they will give you 14% increment in first year unless you are promoted? This is ops job. Pay is low, the bank is also struggle.
If you are not part of the MA program, you won't have the privilege for good hike unless you perform well. That is also why MA program has higher entry bar, because they except you to perform better than others and career progression is also faster. I also doubt you will get 14% increment, most likely 5% to 7%. This is already considered good for European companies.
European banks are struggle, don't think they have a lot of money to feed you.
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MA Program is not the end all be all. Some direct hire do better than MA candidates. MA Program only give u visibility to higher up, if you **** up or don't take the chances then no use one even if you are MA.
Wouldn't classify transaction banking as ops... More middle officer than anything else.
Close to 55k is not unrealistic but bonus for banks quite pathetic usually only 1 month because most banks not doing well now in covid and they want control costs.
Should be able to hit 55k once 2nd year and definitely once promote to associate.
But then
cpf take 17% so lan lan lmao