Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks) - Page 108 - 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
  #1071 (permalink)  
Old 11-12-2022, 03:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
At a local bank? Part of an MA prog or no?

5.5k for 1.5 YOE is very impressive considering entry-level ops will only get you 3-3.5 max unless you're in a grad prog (but still, DBS GA should be paying around 4.5k, so regardless 5.5k is impressive). Mind sharing your pay progression? What did you start of with? Any increment / promo?
Tbh not at a local bank. Working at at an international investment bank now. Left out this information because this is a local bank thread but just want to get opinions from fellow bankers here

Took on a contract traineeship role with a local bank I grad last year. Jan 2022 I was drawing 2.5k and right now Dec 2022 onwards I will be drawing 5.5k but still on a contract basis

During this space of 1 year I had contract extension at both the local bank that I started off at and the current bank that I’m working at now so with each extension I negotiated for a pay raise

Benefit wise it sucks because my contracts so far averages out to just 1 day leave per month and working hours is dog life e.g working till 8pm-10pm almost everyday so putting my pay in relative to my working hours and benefit I’m not being paid much but the whole point of me doing contract was to just work hard and push up my basic pay with each round of contract extension. So hopefully I’m on the right track considering I more than 2x my pay in a space of 1 year

Hopefully next year when I convert to perm or switch to full time role at other banks my pay will increase again

Reply With Quote
  #1072 (permalink)  
Old 11-12-2022, 03:45 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
At a local bank? Part of an MA prog or no?

5.5k for 1.5 YOE is very impressive considering entry-level ops will only get you 3-3.5 max unless you're in a grad prog (but still, DBS GA should be paying around 4.5k, so regardless 5.5k is impressive). Mind sharing your pay progression? What did you start of with? Any increment / promo?
At Maybank and not part of MA prog

Started off at 4k and got promoted and now drawing 5.5k

Reply With Quote
  #1073 (permalink)  
Old 11-12-2022, 04:34 PM
Just Asking
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
At Maybank and not part of MA prog

Started off at 4k and got promoted and now drawing 5.5k
ignore this troll lol. i am the original poster asking about 5.5k with 1 year 5 months exp ok or not

will reply again in next post to share my career trajectory so far

Reply With Quote
  #1074 (permalink)  
Old 11-12-2022, 04:42 PM
Just Asking
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
At a local bank? Part of an MA prog or no?

5.5k for 1.5 YOE is very impressive considering entry-level ops will only get you 3-3.5 max unless you're in a grad prog (but still, DBS GA should be paying around 4.5k, so regardless 5.5k is impressive). Mind sharing your pay progression? What did you start of with? Any increment / promo?
Not at a local bank. Just asking in this local bank thread to get opinions from fellow bankers

I started off on a contract role with a local bank when i grad last year. As recent as Jan 2022 I was drawing 2.5k per month on my contract. Had 1 contract extension with this local bank and pay increased

After that moved to an international bank on a contract basis and pay increased again. Extended my contract with this international bank and renego for a pay raise again

so in a space of 12 months from Jan 2022 to Dec 2022 my pay increased from 2.5k to 5.5k. Not glamorous doing contract job for so long but the whole point was just to work hard and be able to renego and push up my basic pay as much as possible first

when i get converted to full time or find a full time role at another bank next year im hoping for another round of increment. Hopefully can break 6k mark. Finger crossed.
Reply With Quote
  #1075 (permalink)  
Old 11-12-2022, 06:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Just Asking View Post
ignore this troll lol. i am the original poster asking about 5.5k with 1 year 5 months exp ok or not

will reply again in next post to share my career trajectory so far
ignore this troll, i am the real OP, will provide more details on my progression later


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


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


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
  #1076 (permalink)  
Old 11-12-2022, 08:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
ignore this troll, i am the real OP, will provide more details on my progression later
ignore all these dumb trolls. i am the real OP, my starting was 6.7k and after 1.5 years my current salary is 5.5k. got pay reduction bcoz incoming recession...


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


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


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

  #1077 (permalink)  
Old 15-12-2022, 11:17 PM
Unregistered
Guest
 
Posts: n/a
Default

Just joined banking sector, do you guys include average bonus when sharing monthly salary? E.g. 10k
Reply With Quote
  #1078 (permalink)  
Old 16-12-2022, 01:05 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Just joined banking sector, do you guys include average bonus when sharing monthly salary? E.g. 10k
no one does that
Reply With Quote
  #1079 (permalink)  
Old 17-12-2022, 09:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Just joined banking sector, do you guys include average bonus when sharing monthly salary? E.g. 10k
no, you're deceiving and will be exposed once they ask for your payslip
Reply With Quote
  #1080 (permalink)  
Old 18-12-2022, 05:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Just joined banking sector, do you guys include average bonus when sharing monthly salary? E.g. 10k
yes we do. we include our cpf contributions and also employer's contribution. my monthly salary is in the range of 30k...
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
Career as Teacher ( 1 2 3... Last Page)
10,868 Replies, 6,675,539 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,334 Replies, 4,986,494 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,387 Replies, 2,325,577 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,811 Replies, 1,046,144 Views
GovTech ( 1 2 3... Last Page)
5,166 Replies, 2,165,740 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
682 Replies, 389,382 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
208 Replies, 134,810 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,460 Replies, 785,227 Views
Lawyer Salary ( 1 2 3... Last Page)
21,016 Replies, 10,333,195 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,051 Replies, 441,034 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
172 Replies, 309,979 Views
Compare civil service salary ( 1 2 3... Last Page)
16,346 Replies, 12,460,053 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,872 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,717 Views
Why Is Having a Google Virtual...
1 Replies, 6,809 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,580 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,570 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,584 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,774,232 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,813 Views
Is getting a PMP worth it ?
4 Replies, 7,192 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,896 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,455 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,658,465 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,154 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,864 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 359,129 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,376,146 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 614,119 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,740,215 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:51 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2