MAS for Mid Career Professionals - Page 122 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Companies

Companies Discuss companies and organisations.




MAS for Mid Career Professionals

Reply
 
Thread Tools
  #1211 (permalink)  
Old 08-09-2022, 11:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Work at MAS or DBS better?
DBS. Used to be MAS but in recent years, work culture in MAS become poor. That also explains high attrition rate for the last 2 years.

Reply With Quote
  #1212 (permalink)  
Old 08-09-2022, 11:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
DBS. Used to be MAS but in recent years, work culture in MAS become poor. That also explains high attrition rate for the last 2 years.
Poor in what ways?

Reply With Quote
  #1213 (permalink)  
Old 09-09-2022, 01:08 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Poor in what ways?
Are you considering DBS or MAS job offers? Or are you just asking in general?

Reply With Quote
  #1214 (permalink)  
Old 12-09-2022, 01:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Work at MAS or DBS better?
Definitely dbs. Mas is damn low paid
Reply With Quote
  #1215 (permalink)  
Old 14-09-2022, 05:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Let me ask Susan about next year's bonus plans and I will update you after that
Not Susan already, still Susan here Susan there LOL
Reply With Quote
  #1216 (permalink)  
Old 17-09-2022, 12:25 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not Susan already, still Susan here Susan there LOL
That guy is a siaolang who blames everything going wrong in his life on HR. The type of guy who blames the weather that day when he does badly in an exam.
Reply With Quote

  #1217 (permalink)  
Old 23-09-2022, 04:46 PM
Unregistered
Guest
 
Posts: n/a
Default

Is 9k for a 33yo the normal progression for non-IT/FO?

It seems from the posts here that people tend to hit DD by early 30s and the pay for DD is around 10k
Reply With Quote
  #1218 (permalink)  
Old 23-09-2022, 09:25 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is 9k for a 33yo the normal progression for non-IT/FO?

It seems from the posts here that people tend to hit DD by early 30s and the pay for DD is around 10k
DDs are usually on 200k package la. 10k is too low
Reply With Quote
  #1219 (permalink)  
Old 25-09-2022, 11:09 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Poor in what ways?
Honestly if you ask me, it is because the scope of work has exploded but the organization is not agile enough to respond to it. Regular officers have become burdened with this massive increase work that they are expected to handle without any difficulty.

One prime example is on the regulatory front. There are huge loads of new regulations coming in simply because the world has become more complex to regulate. Much of these regulations arise from developments in the US and Europe that Singapore usually follows. This is natural and understandable. But what is not acceptable is that MAS is not hiring staff at a fast enough pace to keep up. The workload has increased by 50% but the staff count has only increased by 10%.

The choices are quite simple to me actually, you either make a real effort to address the staff shortage, or you stop being a hero and regulate within your means. There is no shame at all in being a less-sophisticated regulator. We ought to recall the trite saying that "one cannot have his cake and eat it too".

There are other issues that are not entirely the fault of MAS. During COVID-19, many other companies experienced a situation where everything went online and communications were expected to become instantaneous. A letter-by-letter exchange between 2 parties now warrants a response overnight. This is unsurprising, given that such convenience should have been adopted long ago. But what MAS sorely lacks is its ability to digitalize.

It is somewhat ironic that MAS keeps pushing its financial institutions to digitalize, but its own internal processes are so manual and slow. A lot of information is scattered all over the place and impossible to find. This is because for some departments, there seems to be the lack of a proper filing system, even for routine/mundane matters. Indeed, it is the routine/mundane matters that are most suitable for digitalization. Suffice to say, you have to actually join MAS before you find out about this. I try very hard not to blame management for this, but from the management personnel I have interacted with, they are very good at understanding their own policy area but are terrible at adopting digitalization practices in their departments (or perhaps there is just no such culture in the organization). In any case, digitalization usually does not fit into KPIs or maybe it fits in the wrong manner into KPIs.

One knows that banks have to digitalize quickly or risk being left behind by the competition. The regulator on the other hand faces no such pressure. Hear hear.
Reply With Quote
  #1220 (permalink)  
Old 27-09-2022, 02:28 PM
Unregistered
Guest
 
Posts: n/a
Default

What happens when your salary is nearing the cap of your grade.

Do you get redesignated to the next grade ie. AD2 to DD1 or do you simply get 0% increment every year?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
AML/Compliance/KYC professionals come in! daydreamer Income and Jobs 1708 Today 12:07 AM
Income for IT Professionals sudoku Income and Jobs 10 24-10-2014 07:20 PM
what does corporate hr executives/professionals do? lmaohaha Income and Jobs 2 12-05-2012 06:03 PM
Professionals and Managers - Is Your Pay above the Median? Salary.sg Income and Jobs 174 04-10-2009 07:42 PM
Managers and Professionals - are your Salaries above the Median? Salary.sg Income and Jobs 27 11-12-2008 10:45 AM

» 30 Recent Threads
Anyone work in JPM/GS/Morgan... ( 1 2 3... Last Page)
216 Replies, 70,040 Views
SingPost (Singapore Post)
4 Replies, 1,151 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,671 Replies, 3,147,197 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
623 Replies, 264,314 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
2,024 Replies, 841,555 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,751 Replies, 3,450,150 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,748 Replies, 2,312,012 Views
GovTech ( 1 2 3... Last Page)
3,449 Replies, 1,111,765 Views
[advice] Recruitment agency... ( 1 2 3... Last Page)
37 Replies, 15,427 Views
Job Application with MOE... ( 1 2 3... Last Page)
424 Replies, 454,775 Views
Lawyer Salary ( 1 2 3... Last Page)
18,382 Replies, 7,534,991 Views
Compare civil service salary ( 1 2 3... Last Page)
14,951 Replies, 9,950,299 Views
Singapore Power EDGE Program
5 Replies, 4,471 Views
MasterCard Graduate Developement... ( 1 2 3... Last Page)
74 Replies, 48,645 Views
Barclays ( 1 2 3... Last Page)
277 Replies, 186,675 Views
High Finance Thread ( 1 2 3... Last Page)
1,469 Replies, 374,926 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,007 Replies, 488,847 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,708 Replies, 986,705 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,294 Replies, 630,434 Views
How much are you earning per annum? ( 1 2 3... Last Page)
13,449 Replies, 5,465,577 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,580 Replies, 1,293,259 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
843 Replies, 241,355 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
267 Replies, 173,340 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,798 Replies, 2,665,857 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,246 Replies, 990,736 Views
How is life as a doctor in... ( 1 2 3... Last Page)
4,484 Replies, 2,240,620 Views
how much shall I expect for a vp... ( 1 2 3... Last Page)
52 Replies, 146,346 Views
Career as Teacher ( 1 2 3... Last Page)
6,642 Replies, 4,201,869 Views
ST Engineering SWE as a fresh grad ( 1 2)
18 Replies, 786 Views
Early Retirement ( 1 2)
10 Replies, 3,366 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:04 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2