Quote:
Originally Posted by Unregistered
You’re underpaid, but the offer is still an approx. 20% increment which is OK. I would take it if I were you, if you don’t have any other offers. Much of salary/job progression depends on circumstances and luck. There are only so many positions in BB/foreign banks anw so don’t be too disheartened by the comments here. Continue to keep a look out for opportunities even when you’re in your new role, and don’t make the same mistake of spending too much time in the same organisation.
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Spending much time in an organisation is not necessarily a bad thing. It's more of pay and progression stagnating that's bad. In a competitive environment where talent is paid what it's worth, it could be good to stay. Going by OP's 4.1k salary after 5 years and 23 days of annual leave, I'm guessing he's in
OCBC, which is a local bank and generally speaking not a place you want to stay at for more than a few years. Pay and progression cannot match foreign banks.