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Old 03-04-2016, 12:20 PM
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Originally Posted by Unregistered View Post
You guys are making me embarrassed of myself.
Personally, I've been working two years in front office serving largest mnc institutional clients in one of our local banks here. It's the front office (non retail) that everyone is saying how hard to set foot in. Looking at my pay scale, I feel so ashamed. Total year package is probably 55k for the first 2 years as an analyst here.

Of cos bulge brackets pay much better but didn't know to such ridiculous extent that a back end is earning and promoting so fast than me in a local FO. Might as well do simple ops than killing my brain cells doing so much analytical work.

Not sure how much truth is there here, but back end jobs are ultimately going to India or less developed countries
What FO are you in? 55k all in does seem a little low. Now of course all this nonsense number about 10k monthly etc are ******** la, but 55k all in is what a good grad in BO will probably earn in its first year. In fact OCBC and DBS ops grad program earns that amount in the first year.

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