Dont want to burst your bubble.. in my line of work, I do see the payroll info for private bankers.

I would say that junior private bankers 1-5 years (mostly these are the assistants) start off with very low salary. I've seen many below 3k p/m. Bonus? 2-3 months in recent years (despite all the hype of SG growing as a PWM hub)

For senior bankers (from IC number can see those are between late 30s to 40s), monthly salary more than 20k are common. But most stuck within a certain bandwith. Bonus are very varied.. seen alot 60-120k.


But even in the non-banks, there are alot of people (department heads etc) who earn 20k plus per month.

Of course there are the extreme outliers. Just like any other industry. But only a few.. 1-2 out of 100?