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Old 12-09-2014, 10:02 PM
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Originally Posted by Unregistered View Post
different bank, different hierarchy. Could also be in this manner :

Analyst = 2.5 to 3.2K++
Senior analyst = 3.4 to 3.7++
Associate / asst mgr = 4.5 to 5.2++
Senior associate / AVP = 5.8 to 6.8++
AVP / jr VPs = 6.5 to 8++
VP = at the bare minimum the basic would touch 9s range. Normally, a seasoned VP (i.e with around 10years of exp) would take 5 digits monthly.

The figures are based on what i know from headhunters / ex colleagues in similar capacity. There's a blurred line drawn between assoc / snr assoc and AVPs. As far as i know, some banks used them interchangeably, meaning they inflate job titles to boost the "feel-good" factor but pay wise it is not even on the correct scale yet.
i used to work in bank HR. the salary for lower rank is accurate. However, the salary for higher rank.. you just add 1k more from senior associate onwards. By right VP shd reach 12k and AVP reach 10k.
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