Stumbled upon this thread.
So many assumptions made by so many people.
SGX AVP has 2 levels. VP has 3 levels before you hit SVP, then EVP.
Basic salary for
SGX is not high. Large part of the annual package comes end of year as variable bonus. A good performer senior AVP gets 170-200K per annum inclusive of bonus. Bonus anything from 4-8 months during avearge economy and depending on performance.
VP definately above 200k annual incl bonus. Anything from 200-400k depending on VP level and performance. VP range is quite wide as not many will make it to SVP since it's not a big company, and extremely limited SVP roles. Most VPs at
SGX above 35, and they are rather selective in giving out VP roles.
And yes there is a retention issue.
Thats it