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

Originally Posted by Unregistered

UOB bonus as follow:

Very below average = 0.5 months
Below average = 1 months
Slightly below average = 1.5 months
Average = 2 months
Fairly good = 2.5 months
Good = 3 months
Very good = 3.5 months
Exceedingly good = 4 months

DBS bonus so much better ... no wonder best bank in the world!

the other 2 local banks bonus is for beggars

Originally Posted by Just Asking

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.

Working as a support role but you refer to yourself as a "fellow banker" HAHAHHAHA

Originally Posted by Just Asking

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.

Working as a support role earning 5k+ only but you refer to yourself as a "fellow banker" HAHAHHAA

Anybody knows the average annual bonuses in HSBC Insurance? 2 months?

may i know what does BB stand for ?
BB = Bulge bracket investment banks?

Originally Posted by Unregistered

may i know what does BB stand for ?
BB = Bulge bracket investment banks?

yes you are spot on!

doing cyber security in bank getting 8k as assoc only
depending on yr dept how in-demand it is some lower rank ppl getting much higher pay than higher rank in other dept

Anyone knows what is the average years or experience for VP1 and VP2 and the average range of salary in UOB?

only front-office is considered banker... backoffice HR or accounting ppl u dare to call urself banker?

Originally Posted by Unregistered

only front-office is considered banker... backoffice HR or accounting ppl u dare to call urself banker?

if no back office there wont be front office dumbass