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Last time: 5k monthly, total package 18 months = 90k per annum New pay: 6k monthly, total package 15 months = 90k per annum |
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The last few years had always been about 15.5 months average, for an average performer. With the salary package modified to removed the bonus at Dec which is usually 2 months+ abit. Yes, the reality is 1.75 months for average performer. which means 12+1.75 = 13.75 months salary package is what you can expect for an average person. |
So does MAS pay well for midcareers? If MAS offers an Associate position for someone 3,4 years of exp, how much should he expect?
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Type 1 - No Degree If you have 3-4 years experiences w/o degree, likely 3-3.5k Type 2 - With Degree If you have 3-4 years experience w/degree, likely 4k and above. |
Are MAS Officers considered civil servants and eligible for those year end AWS bonus declared recently? Understood from here that MAS has wide discretion and does not pay 13th month. So just wondering.
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All SB are considered Public Servants. For Civil Servants, typically are directly working for govt. For example ministry of manpower (MOM), ministry of health (MOH), Mindef, etc. s://en.wikipedia.org/wiki/Singapore_civil_service Back to your question, MAS salary package is now basic + performance bonus. This is in line with Banking industry. |
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