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

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  #231 (permalink)  
Old 25-03-2021, 10:22 AM
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I have 3 data points for DBS AVP. Like all levels, there is a wide range for salary depending on your role, FO/MO/BO. A friend of mine in BO (newly promoted AVP) got about 7.5k, another in MO (with PhD) also earned about that amount. I earned about 9.5k before i left. These figures are accurate as of 2019.
Hi, thanks for sharing - can I ask how many years of working experience each person has when they attained AVP with that salary? Thanks!

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  #232 (permalink)  
Old 25-03-2021, 02:14 PM
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Hi, thanks for sharing - can I ask how many years of working experience each person has when they attained AVP with that salary? Thanks!

Both of them (PHD and BO office) have around 4-6 years of experiences. BO friend was promoted from SA to AVP before i left.

Personally i had 10 years.

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  #233 (permalink)  
Old 25-03-2021, 02:27 PM
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Both of them (PHD and BO office) have around 4-6 years of experiences. BO friend was promoted from SA to AVP before i left.

Personally i had 10 years.
4-6 years 7.5k base considered good or bad?

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  #234 (permalink)  
Old 25-03-2021, 02:30 PM
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4-6 years 7.5k base considered good or bad?
Bad. Cause fresh grad will be commanding 7k in 3 years time
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  #235 (permalink)  
Old 25-03-2021, 02:39 PM
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Bad. Cause fresh grad will be commanding 7k in 3 years time
Median still 3.5k.
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  #236 (permalink)  
Old 25-03-2021, 03:39 PM
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Median still 3.5k.
median usually includes employer cpf portion too?
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  #237 (permalink)  
Old 25-03-2021, 04:17 PM
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Bad. Cause fresh grad will be commanding 7k in 3 years time
3 years on and still fresh grad. Chao sng already.
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  #238 (permalink)  
Old 25-03-2021, 04:26 PM
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median usually includes employer cpf portion too?
3.5k base. Meaning including 20% cpf indiv contribution.
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  #239 (permalink)  
Old 25-03-2021, 04:47 PM
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Bad. Cause fresh grad will be commanding 7k in 3 years time
Makes me wonder your current salary and YoE.
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  #240 (permalink)  
Old 25-03-2021, 06:10 PM
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Makes me wonder your current salary and YoE.
Nah the average fresh grad will still command around 3-4k region.

5% can earn more than 6k.
20% more than 4k
60% 3-4k
15% slightly less than 3k
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