Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks) - Page 2 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks)

Reply
 
Thread Tools
  #11 (permalink)  
Old 28-10-2018, 10:57 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You have a very good progression in the first 8 years. It kind of slow down between 2007 to 2015 comparing to other years. Possible to illustrate with bonus? It is an amazing feat that you did earn $7.5k without a degree with 7 years experience.
$7.5k after 6 years indeed is very impressive for a non-grad. That's almost a Band 6 salary on the low end at StanChart. Out of curiosity, what happened between 2007 and 2015? Which industry did you switch to? Since your salary was hovering in the Band 6 range across these 8 years.

Reply With Quote
  #12 (permalink)  
Old 28-10-2018, 11:53 AM
Unregistered
Guest
 
Posts: n/a
Default

Here's my progression:

UOB:
2010 - entered as Senior Officer as fresh grad at $3.25k
2013 - promoted to Manager in 2013, $4.7k
2015 - promoted to AVP, $6k

DBS:
2017 - entered as AVP after 1-year stint in non-local bank at $9.5k, currently $10.3k

Reply With Quote
  #13 (permalink)  
Old 28-10-2018, 01:15 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Here's my progression:

UOB:
2010 - entered as Senior Officer as fresh grad at $3.25k
2013 - promoted to Manager in 2013, $4.7k
2015 - promoted to AVP, $6k

DBS:
2017 - entered as AVP after 1-year stint in non-local bank at $9.5k, currently $10.3k
What is your role and how much bonus are you currently on?

Reply With Quote
  #14 (permalink)  
Old 28-10-2018, 02:37 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What is your role and how much bonus are you currently on?
In a middle office function, last year's bonus was ~5 months
Reply With Quote
  #15 (permalink)  
Old 27-04-2019, 01:12 PM
Unregistered
Guest
 
Posts: n/a
Unhappy

Quote:
Originally Posted by Unregistered View Post
$7.5k after 6 years indeed is very impressive for a non-grad. That's almost a Band 6 salary on the low end at StanChart. Out of curiosity, what happened between 2007 and 2015? Which industry did you switch to? Since your salary was hovering in the Band 6 range across these 8 years.
choosing the right industry can make a paramount difference.

One example I know, an NUS phd, started with 3.5k per month, after 10 years working in A*STAR, only making 6.6k per month, ~100k per annum.

After switching to banking. 4 years later, is making 18k per month, ~250k per annum. Think what could have been achieved if started in banking straight out of school.
Reply With Quote
  #16 (permalink)  
Old 27-04-2019, 01:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
choosing the right industry can make a paramount difference.

One example I know, an NUS phd, started with 3.5k per month, after 10 years working in A*STAR, only making 6.6k per month, ~100k per annum.

After switching to banking. 4 years later, is making 18k per month, ~250k per annum. Think what could have been achieved if started in banking straight out of school.
Is he doing same role in banking?


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote

  #17 (permalink)  
Old 27-04-2019, 05:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Actually does anyone knows if the jobs posted by these 3 local banks in the various portals are actual vacancies? I have seen the same role on portals for more almost half a year...
Reply With Quote
  #18 (permalink)  
Old 28-04-2019, 12:50 AM
Unregistered
Guest
 
Posts: n/a
Default

Started in non bank 3k -2013
Now in foreign bank 6.4k -2019
Reply With Quote
  #19 (permalink)  
Old 28-04-2019, 11:28 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You have a very good progression in the first 8 years. It kind of slow down between 2007 to 2015 comparing to other years. Possible to illustrate with bonus? It is an amazing feat that you did earn $7.5k without a degree with 7 years experience.
You didn't read properly. He joined ocbc in 2000 with 3 years experience. That is 10-11 years to get to 7.5k. Lol..
Reply With Quote
  #20 (permalink)  
Old 28-04-2019, 07:15 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
$7.5k after 6 years indeed is very impressive for a non-grad. That's almost a Band 6 salary on the low end at StanChart. Out of curiosity, what happened between 2007 and 2015? Which industry did you switch to? Since your salary was hovering in the Band 6 range across these 8 years.
Band 6 in Stanchart is 8k thereabouts? I'm slated to be promoted to Band 6 next year and I'm more than 2k away from the 8k mark. I don't see how HR will give me such a big increase when the time comes. Sigh.
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
Local Vs Foreign Bank Jobs Income and Jobs 18 01-02-2018 07:34 PM
jump from foreign bank to local bank arrownarrow Income and Jobs 4 30-07-2017 06:35 PM
DBS vs UOB vs OCBC: Among these 3 local banks, which is the best to work in? dreamzknight Income and Jobs 11 05-07-2016 09:54 PM
SPF : What are the salaries of an ASP and above ranks. curious_george Income and Jobs 2 22-06-2015 10:16 AM
$3.5K for an IT role in a local bank unknown Income and Jobs 11 14-03-2014 02:13 PM

» 30 Recent Threads
High Finance Thread ( 1 2 3... Last Page)
1,179 Replies, 258,917 Views
Micron starting pay ( 1 2 3... Last Page)
454 Replies, 164,222 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
970 Replies, 635,498 Views
Lawyer Salary ( 1 2 3... Last Page)
17,176 Replies, 6,472,472 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
8,345 Replies, 2,431,726 Views
Jumping into the tech private... ( 1 2 3... Last Page)
44 Replies, 7,513 Views
Compare civil service salary ( 1 2 3... Last Page)
14,243 Replies, 8,942,634 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
908 Replies, 195,163 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,174 Replies, 576,088 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,978 Replies, 1,928,765 Views
Roles in accenture singapore ( 1 2 3... Last Page)
4,853 Replies, 968,635 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,630 Replies, 892,526 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
521 Replies, 145,576 Views
Career as Teacher ( 1 2 3... Last Page)
5,631 Replies, 3,517,544 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
219 Replies, 73,741 Views
Official 2022 Retrechment thread ( 1 2 3... Last Page)
90 Replies, 11,340 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,608 Replies, 2,032,229 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,982 Replies, 752,637 Views
ST Electronics ( 1 2 3... Last Page)
2,807 Replies, 851,502 Views
Dillema: University of Melbourne... ( 1 2 3... Last Page)
64 Replies, 35,573 Views
What course should I undertake? ( 1 2 3)
20 Replies, 15,014 Views
Polytechnic lecturer salary range ( 1 2 3)
26 Replies, 79,756 Views
Facebook (Meta) ( 1 2 3... Last Page)
51 Replies, 10,516 Views
GovTech ( 1 2 3... Last Page)
3,186 Replies, 862,519 Views
Alibaba
2 Replies, 398 Views
Engineer Pay ( 1 2 3... Last Page)
470 Replies, 244,116 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
127 Replies, 205,993 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,062 Replies, 378,715 Views
Changi Airport Group ( 1 2 3... Last Page)
458 Replies, 458,391 Views
Bnp paribas graduate ( 1 2 3... Last Page)
190 Replies, 100,436 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:44 AM.


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