I think there are just too many generalisations and lumping of different job functions.
please be more specific about job functions e.g cost centres like treasury operations, trade finance operations, remittance operations, cashmanagement, or units deemed necessary like internal audit, accounts, middle office, branch ops, systems testing, faciities/property mgmt, or units deemed the "bread winner" like the RMs,
MAs, Corp banking, private banking, investment banking, etc etc etc
there are just too many variations in Banking and Finance and u have to be specifc.
I will focus more on
Operations as i came from an operations background.
thisis for candidates who wish to go into Bank Operations.
Operations usually offers lesser (than profit earners like Relationship Managers or banking associate) as we all know, they are called back-end, as they are classified as Cost centres, they make no profits, and bonus is dependent on the various business unit's performances and allocation.
Pay offers as usually goes:
1)fresh grad from SIM-UOL (FT,PT) - usually offered 2.4-2.8k, depending on your prev job exp. and/or how u present yourself.
2) usually it will be a contract, and with claims of confirmation (supposedly) at end of contract if good performance, but there is no guarantees
3) the confirmation usually will give u a better increment, e.g >150-300
4) of course, increment is also based on performance in that 1 year.
in fact it seems to be similar throughout most banks in singapore based on findings from friends.
summary- Performance matters, anyway, everywhere
you can decide for yourself if u want to get measly 50-100 increments or in excesses of 250
*btw, UOL students can sound less superior than local grads but eventually how they climb is based on performance, the cert is only the starting base platform.