OCBC Graduate Talent Programme 2019 (Previously Young Banker)

Originally Posted by Unregistered

you will be lucky to get 10% increment in GTP for your first 2 years

Are you from the current GTP batch?

Originally Posted by Unregistered

you will be lucky to get 10% increment in GTP for your first 2 years

Local bank ops wanna hit 6k+ after 2 years lol think they working in GS ah?

Originally Posted by Unregistered

Local bank ops wanna hit 6k+ after 2 years lol think they working in GS ah?

Lol, tell that to my batchmates who have indeed gotten close to that. I'm from tech and our increments are similar.

Originally Posted by Unregistered

Should be correct. The first 2 years, MAs are under HR headcount, so salaries should not vary that much. I think the person who asked the question about variation of salary across divisions is more concerned about the salary after the 2-year MAP. After 2 years, the pay is less transparent I feel.

Ah yes. There's a very big range in terms of pay grade even for the same rank. General rule of thumb is as follows, at least for BO (Tech):
1. Pay jumps approx. 20% for each promotion
2. For years without promotion, there's generally a ~5% increment up to a certain cap for a given rank

General (average) promotion speeds are around 2-4 years from M6 onwards, depending on performance.

The high end for AVP4 is ~12k. AVPs make up the bulk of the ranks in the company.

A VP3 makes between 13k to 18k. Note that the higher end of this band generally comes from those being poached from other banks/companies.

I got an offer for 2022. HR informed that regardless of honours, offer is 4.6k

Originally Posted by Unregistered

I got an offer for 2022. HR informed that regardless of honours, offer is 4.6k

4.6k x12 or x13?

Originally Posted by Unregistered

Lol, tell that to my batchmates who have indeed gotten close to that. I'm from tech and our increments are similar.

True. My top performing friends are drawing 7.5k after 2 years. Don't whine just cause you cannot make it.

Wow, 7.5k after two years is really commendable. Given our base is 4.6k, that's like 30% increment after first year, followed by 25% increment :O

Originally Posted by Unregistered

Wow, 7.5k after two years is really commendable. Given our base is 4.6k, that's like 30% increment after first year, followed by 25% increment :O

sorry to say - that sounds pretty bullshit

4.6k base pay, no 13 month AWS, but eligible for variable bonus and 21 days annual leave. btw, FYI, HR usually takes ard 1-2 working days after the final interview round before extending an offer if you're their first choice. I previously interviewed on a Friday evening and got offered on Monday! After which, your application on their portal will be marked as 'Successful' and not 'Completed'.