How much do you earn and save? - Page 20 - 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




How much do you earn and save?

Reply
 
Thread Tools
  #191 (permalink)  
Old 12-01-2021, 10:13 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
is this FO? seems too high for BO but low for FO too
FO, BB.

I am at a S&T desk with a TMT group. Went in straight from an analyst grad programme.

I donít know whether people inflate their salary but this is what Iím earning.



SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


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
  #192 (permalink)  
Old 12-01-2021, 10:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
FO, BB.

I am at a S&T desk with a TMT group. Went in straight from an analyst grad programme.

I donít know whether people inflate their salary but this is what Iím earning.
You sure you at a BB not? Why so low one even with 2 years exp

Reply With Quote
  #193 (permalink)  
Old 12-01-2021, 10:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You sure you at a BB not? Why so low one even with 2 years exp
Wrong dept? Poor performance? Beats me, my fellow batch analysts more or less are in the same pay bracket.

Comp package in my BB have largely been skewed against junior analysts. The pay jump will only happen after making associate which is typically on the 3rd year. Even so, there is a region-wide freeze on promotions.

I have no reason to lie.

Reply With Quote
  #194 (permalink)  
Old 12-01-2021, 10:50 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Wrong dept? Poor performance? Beats me, my fellow batch analysts more or less are in the same pay bracket.

Comp package in my BB have largely been skewed against junior analysts. The pay jump will only happen after making associate which is typically on the 3rd year. Even so, there is a region-wide freeze on promotions.

I have no reason to lie.
Which bank? Know a couple of top-tier BB FO fresh associates (promoted around Aug/Sep), they didnít mention a promotion freeze
Reply With Quote
  #195 (permalink)  
Old 12-01-2021, 10:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Which bank? Know a couple of top-tier BB FO fresh associates (promoted around Aug/Sep), they didnít mention a promotion freeze
Promotions at junior pay tiers still do happen for first/second year analysts.

But I highly doubt anyone made the jump to Associate (excluding MBA hires). Well not at Deutsche and BofA anyway.
Reply With Quote
  #196 (permalink)  
Old 15-01-2021, 08:47 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Which bank? Know a couple of top-tier BB FO fresh associates (promoted around Aug/Sep), they didnít mention a promotion freeze
sounds like ubs
Reply With Quote

  #197 (permalink)  
Old 16-01-2021, 05:01 PM
Verified Member
 
Join Date: Aug 2020
Posts: 21
megalomaniac is on a distinguished road
Default

Wow lots of people here making 40k a month. I'm just a poor pleb.

I'm a fresh grad, full time job as a business analyst in MNC. 4.5k base with 3.6k take home. I teach tuition part time on weekends with average monthly income of 1.5k.

So in total
Take home: 5.1k
Insurance: 300
Monthly expenditures: 800
Investments: 3k
Net savings: 1k

Annual fixed bonus of 3 months which I entirely save and invest.
Reply With Quote
  #198 (permalink)  
Old 16-01-2021, 06:45 PM
Unregistered
Guest
 
Posts: n/a
Default

into my 5th year of work at 29, earning early 5k+, and trying my best to save and invest aggressively at about 80-85%(cpf included) of it for these first few years because I am gunning real hard for FIRE before 40. investment portfolio at about 400k today


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


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
  #199 (permalink)  
Old 16-01-2021, 06:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
into my 5th year of work at 29, earning early 5k+, and trying my best to save and invest aggressively at about 80-85%(cpf included) of it for these first few years because I am gunning real hard for FIRE before 40. investment portfolio at about 400k today
From one bro to another, just don't get a gf if not cash flow tight....
Reply With Quote
  #200 (permalink)  
Old 16-01-2021, 06:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
From one bro to another, just don't get a gf if not cash flow tight....
yea words of wisdom, which was what i realised 2 months ago. i dont have to rush to get a gf, if she comes by it's great and a bonus, if not, it's even better for my wealth building. But eventually maybe after 1-2years, i can be more relaxed and save much lesser, since my initial goal was to get a strong foundation the first few years for it to compound into the future.
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
Save A LOT on your Vitamins Salary.sg Investments and Net Worth 5 07-01-2021 11:57 AM
How to save money by using Telegram MiloPeng General Discussions 0 14-05-2019 11:51 AM
Does decoupling really save on ABSD newsgprop Marketplace and Find Work 0 02-10-2017 04:39 PM
Does decoupling really save on ABSD newsgprop Market Talk 0 02-10-2017 04:37 PM
You can still save for retirement even if money no enough admin Investments and Net Worth 0 11-05-2016 10:10 AM

» 30 Recent Threads
Job Application with MOE... ( 1 2 3... Last Page)
291 Replies, 250,217 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
180 Replies, 52,323 Views
Career as Teacher ( 1 2 3... Last Page)
3,097 Replies, 1,956,956 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,772 Replies, 1,469,494 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,763 Replies, 1,096,491 Views
Compare civil service salary ( 1 2 3... Last Page)
11,353 Replies, 6,379,370 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
4,491 Replies, 1,444,664 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,178 Replies, 902,576 Views
GovTech career grade ( 1 2 3... Last Page)
223 Replies, 201,616 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
158 Replies, 36,271 Views
Work culture in IHiS ( 1 2 3... Last Page)
88 Replies, 94,757 Views
ST Electronics ( 1 2 3... Last Page)
1,510 Replies, 354,598 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
791 Replies, 410,276 Views
Cybersecurity Salaries in...
9 Replies, 3,774 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
614 Replies, 171,265 Views
JP Morgan ( 1 2 3... Last Page)
52 Replies, 29,843 Views
26 no degree is all hope lost?...
4 Replies, 215 Views
Capgemini tester trainee ( 1 2 3)
27 Replies, 1,163 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,892 Replies, 1,292,463 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,855 Replies, 330,528 Views
Pay for digital marketing agencies ( 1 2)
12 Replies, 4,263 Views
Lawyer Salary ( 1 2 3... Last Page)
10,221 Replies, 3,488,156 Views
26 no degree is all hope lost?... ( 1 2 3... Last Page)
47 Replies, 1,658 Views
How to start a small business ( 1 2)
14 Replies, 3,920 Views
Dillema: University of Melbourne... ( 1 2 3... Last Page)
56 Replies, 2,026 Views
anyone working at NCS ? ( 1 2 3... Last Page)
485 Replies, 350,952 Views
Diploma in Digital Marketing at... ( 1 2)
12 Replies, 5,616 Views
Programming and consullting
6 Replies, 1,205 Views
Murex
3 Replies, 1,578 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:44 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2