It didn’t increase since then lol. 2019 to 2024 fresh grads all start at 5k

nah my friend got an offer for the prog last year, offer was 5.5k

No way. unless you are from some 3rd rated uni. most interns starting is around 5k already, FT is can literally double this amount.

Stop stirring sh*t. Seriously, it’s so obvious how people in these forums are no-lifers who rather spend time commenting “opinions” rather than improving themselves.

If you don’t know BB banks in SG pay intern FT pay, then you’re completely clueless. Anyway, I digress. JPM functional grad programs (GFBM, CADP, HR) etc starting pay is 5.25k last year. Not sure if they increased it this year but I’m betting they did given the competitive environment.

which grad program and uni were you from? 2nd lower?

fella thinks bb grad programs pay differently due to honours and uni. what a monkey lol

You say it as if you would get a high paying job just because you're from NTU / NUS when in reality, most of them are struggling to land jobs after graduating.

10k pay as fresh FT? yeah sure thing buddy.

GS ops still pay 5k a year only. Friends from 2023 and 2024 batch has told me the same amount. Unfortunately, it is the truth and it is not as high paying as people think.

Yeah exactly and JPM cadp 2023 starting was 5k as well. 2024 bump to 5.25k. But no where close to 6k like some may think. Furthermore all the banks conversion rates r very low this year, they’re really trying to save cost

GS is definitely not 60k pa anymore. Last batch have already been bumped up 65k which is why JPM had to up theirs to match the competition.

GS 2023 grad got 5.8k

How’s this year bonus and increment for everyone? I got 1.2 months bonus and 5.5% raise. Kinda disappointed but not sure how’s the average this year

Obviously underperformer. I'd be looking for a new job if I were you

how would we know bro

bonuses and pay raise earliest you can find out is in mid feb, that's when banks run their financial report.

Clearly not from GS/JPM/MS. Bonuses and pay raises were announced latest this week. The percentage quoted is that of an avg performer for back office. Poor performers get close to 0 and better performers get a bit more. It's a shitty year for most

I got 2 months last year and the standard 6.7% bump, not sure about this year.

Like that poster said, got to wait till Feb. I'm at JP btw, 601 role. I'm guessing it'll be 1.5 month this year hah.

1.2 month is quite standard, friends at citi also same but their pay inc was 8% last year

Wow got a similar raise and bonus last year...

Are you from GS?

Yeah, how’s yours like? Heard a lot of ppl not satisfied on my side, most ppl just got a raise similar to mine or lower.

seems aligned with what i know also, which function y'all in ah?

~8 months, 16%~ raise here. Assoc 2 to Assoc 3 in GSAM

Eh it sucks but what to do...

I saw Citibank lay off so many people, their new CEO abit siao, even till today they are still laying off where they cut 20 Asia Pacific jobs... I'm scared GS will follow :(

got the same, i joined after performance review this year so im assuming this is the avg

This.

10char

About the same but you what rank? I got 6.1% and bonus about 1.1 month

bro literally no one cares, we know you're the same guy replying to yourself, literally no one here knows what their bonus is lol you're cringe af

just shut up and go back to your SIM thread or high finance thread or whatever u want people to think u are earning. People here are sharing their cash bonuses and increments already looking to get some clarity and ur comments are not helping the conversation.

I got about 10% increment and 1.5 month cash bonus. Not great, but can't complain since last year was a bloodbath. Assoc in GBM Ops

Did you get promoted? From those whom I know got double digit increment, all of them got promoted. Hopefully this year will be better for the firm. Last year was really terrible… trying to forget it exist

I did, so I thought it would be more. Hence a bit disappointed. But then, I heard the people around me were not even getting as much, so...I'm counting my blessings

says you lol

actual retard

Lil bro here projecting hard lol SIM thread lmfao

Man just ignore that fking 10% ******** liar ffs and stop quoting his dogshit post.

gs 2nd year analyst 5% increment 1.5month bonus, from ops

MS - VP - Back Office
Adjustment: 2.7%
Bonus: 2.35mth

Can i ask what is your current base?

pretty decent bonus man.. anything more than 2mth is exceptional..

Join GS if you want to work till 7/8pm in the office on Chinese new year eve. Just got notified that we can’t work from home on CNY eve :) can’t take leave also because coverage reason. Take this information however you want. Oh ya btw your manager can leave early for reunion dinner though, just not the assoc and analyst :)

who tf wants to join goldman ballsack anyway

welcome to banking... life is never fair especially when u wan compare ranks...

at least u get 30 usd food allowance...

assoc back office paid 10k already still complain cannot take leave...