|
|
04-10-2012, 01:24 AM
|
|
Quote:
Originally Posted by Unregistered
How does working in a bank (roles for commoners like back office) compare to working in govt job? Both have opportunities to progress just that banking more volatile only right?
|
banking has more chio bu's. gahmen got old grumpy aunties. take your pick.
the "volatility" is exaggerated. the last major retrenchment was a long long time ago. with a perpetually booming housing market in Singapore, all banks here will prosper just on giving out housing loans alone. there will never be a retrenchment exercise again. ever.
|
04-10-2012, 09:10 AM
|
|
Quote:
Originally Posted by Unregistered
banking has more chio bu's. gahmen got old grumpy aunties. take your pick.
the "volatility" is exaggerated. the last major retrenchment was a long long time ago. with a perpetually booming housing market in Singapore, all banks here will prosper just on giving out housing loans alone. there will never be a retrenchment exercise again. ever.
|
Yea all this volatility crap talk is not seeing things in perspective. In average banks pay 3 - 4 times the pay of other jobs, even if you end up getting retrenched and spend 75% time unemployed, the total pay will still be the same as a engineer or executive working 100% time.
|
04-10-2012, 01:13 PM
|
|
An illusion that banking sector is not volatile
This month, two banks have retrenched its staff. One of them is doing it worldwide (a quick check on the internet will tell you which bank it is). The other bank is pulling its back and middle office out of Singapore (this is a smaller bank but those keeping in touch with business news will know).
All the indicators about the financial services show that its contracting.
I'm not saying that financial and banking sector is not lucrative. Some banks are expanding, yesterday a headhunter called me for a position in the sector. But my point is that one should evaluate the ups and downs of the industry carefully using concrete data and reasons.
I can't help but emphasize that sweeping hearsays from others (including the naysayers) do not assist but muddle the picture.
|
04-10-2012, 01:44 PM
|
|
Bottom line: banks pay very well and it has _some_ volatility in terms of getting retrenched. Overall still an extremely lucrative sector to be in.
Much better than engineering any day (which suffers from WORSE volatility -- fact)
|
04-10-2012, 02:11 PM
|
|
Bottom line is simple, banks have a slightly higher chance of retrench but a enormously higher pay package. Banks are the place to go for those who want to make it big.
The fact is every sinkie is trying to get into a bank, facts are louder than opinions. Most naysayers are just sour grape because they know they cant get into a bank.
|
04-10-2012, 10:24 PM
|
Millionaire Member
|
|
Join Date: Jul 2010
Posts: 49
|
|
To choose to work in a bank is a no brainer! Just picture the following:
1. Fat pay cheque
2. Swanky downtown office for workplace
3. Dress in slick business wear
4. Work alongside young nubile chiobus
Which other careers offer you all these??????????????????
|
06-10-2012, 01:31 AM
|
|
which muiddr
Quote:
Originally Posted by ericgohjunhui
what is meant by operation job?
|
Back office lor
|
06-10-2012, 01:33 AM
|
|
Quote:
Originally Posted by Unregistered
This month, two banks have retrenched its staff. One of them is doing it worldwide (a quick check on the internet will tell you which bank it is). The other bank is pulling its back and middle office out of Singapore (this is a smaller bank but those keeping in touch with business news will know).
All the indicators about the financial services show that its contracting.
I'm not saying that financial and banking sector is not lucrative. Some banks are expanding, yesterday a headhunter called me for a position in the sector. But my point is that one should evaluate the ups and downs of the industry carefully using concrete data and reasons.
I can't help but emphasize that sweeping hearsays from others (including the naysayers) do not assist but muddle the picture.
|
I agree with u at 100%, and im a banker reading some nonsense students' replies
|
06-10-2012, 01:42 AM
|
|
Quote:
Originally Posted by Unregistered
lol go **** yourself lah. 400k SGD with 3 years experience. you have no idea what you're talking about, please don't sabo the guy.
|
Lol
400k sgd... Lol
|
07-10-2012, 10:38 AM
|
|
Quote:
Originally Posted by Unregistered
Yea all this volatility crap talk is not seeing things in perspective. In average banks pay 3 - 4 times the pay of other jobs, even if you end up getting retrenched and spend 75% time unemployed, the total pay will still be the same as a engineer or executive working 100% time.
|
You earn more yet u will spend more..you will still be in deep **** when u r retrenched.
Maybe u should go CS or dbs take a look. You b shocked not to see chiobus but aunties.. Doubt u will know this cos u nvr work in bank..even if so, u shld b in consumer or enterprise banking..lol..noob
|
|
|
Posting Rules
|
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» 30 Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|