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-   -   Anyone work in JPM/GS/Morgan Stanley back office before? (https://forums.salary.sg/income-jobs/13670-anyone-work-jpm-gs-morgan-stanley-back-office-before.html)

Unregistered 08-02-2024 08:24 AM
Quote:
Originally Posted by Unregistered (Post 267849)
assoc back office paid 10k already still complain cannot take leave...
lol, assoc only get paid 6-7k depending on how fast you get promoted. Analyst start at 5k. Pay rise this year only 4%. VPs will not earn 10k in their first few years too lol

Unregistered 08-02-2024 10:41 AM
Quote:
Originally Posted by Unregistered (Post 267850)
lol, assoc only get paid 6-7k depending on how fast you get promoted. Analyst start at 5k. Pay rise this year only 4%. VPs will not earn 10k in their first few years too lol
See your luck on whether it's a good year or bad. Avg year, avg performer, tts about right for assoc or VP. High performer in a decent year, can be more. Assoc can hit 7k, first yr VP can hit 10. Not easy of course

Unregistered 08-02-2024 01:15 PM
Quote:
Originally Posted by Unregistered (Post 267849)
assoc back office paid 10k already still complain cannot take leave...
huh? associate BO is not 10k, confirm

their pay cap is mid 7k. cannot go higher than that as an associate for BO. HR wont let it.

Unregistered 08-02-2024 06:55 PM
What about JP Morgan Associate?

I know DBS Associate is also 6-7k capped but I heard JP Morgan Associate, which they call it 601? or something, cap is 9k for BO? Is this true?

Unregistered 08-02-2024 08:40 PM
Quote:
Originally Posted by Unregistered (Post 267864)
huh? associate BO is not 10k, confirm

their pay cap is mid 7k. cannot go higher than that as an associate for BO. HR wont let it.
how about senior assoc??

Unregistered 10-02-2024 11:46 AM
Quote:
Originally Posted by Unregistered (Post 267715)
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 :)
Im from gs…stayed still 430pm on cny eve

When I left at that time there are still colleagues sitting calmly at their desk as if they got no intention to leave anytime soon

But I’m drawing 6k+ as a junior analyst so I guess can’t complain

Unregistered 10-02-2024 02:28 PM
Quote:
Originally Posted by Unregistered (Post 268025)
Im from gs…stayed still 430pm on cny eve

When I left at that time there are still colleagues sitting calmly at their desk as if they got no intention to leave anytime soon

But I’m drawing 6k+ as a junior analyst so I guess can’t complain
Damn that sucks, 6k in GS is like the bottom.

Unregistered 10-02-2024 04:59 PM
Quote:
Originally Posted by Unregistered (Post 268025)
Im from gs…stayed still 430pm on cny eve

When I left at that time there are still colleagues sitting calmly at their desk as if they got no intention to leave anytime soon

But I’m drawing 6k+ as a junior analyst so I guess can’t complain
Did you join in 2021 and due to promote? 6k+ is not bad for analyst

Unregistered 10-02-2024 06:07 PM
Quote:
Originally Posted by Unregistered (Post 268025)
Im from gs…stayed still 430pm on cny eve

When I left at that time there are still colleagues sitting calmly at their desk as if they got no intention to leave anytime soon

But I’m drawing 6k+ as a junior analyst so I guess can’t complain
6k damnn low sia, did u get lowballed?

Unregistered 11-02-2024 01:00 AM
Anyone work at UBS>?

Unregistered 15-02-2024 09:13 AM
Quote:
Originally Posted by Unregistered (Post 268054)
Did you join in 2021 and due to promote? 6k+ is not bad for analyst
Joined after mid 2022 no promotion yet, heard 6+ more than some senior analysts at high 5k tho can’t confirm

Unregistered 16-02-2024 07:48 AM
Quote:
Originally Posted by Unregistered (Post 268492)
Joined after mid 2022 no promotion yet, heard 6+ more than some senior analysts at high 5k tho can’t confirm
Yup, the 2022 fresh grads made senior analysts and currently most are in high 5k range

Unregistered 18-02-2024 01:42 PM
Quote:
Originally Posted by Unregistered (Post 268584)
Yup, the 2022 fresh grads made senior analysts and currently most are in high 5k range
If 2022 fresh grads are already drawing high 5k, as someone with close to 3 years experience, if I land a role, I should ask for at least 6k plus?

Unregistered 22-02-2024 08:01 AM
Quote:
Originally Posted by Unregistered (Post 268753)
If 2022 fresh grads are already drawing high 5k, as someone with close to 3 years experience, if I land a role, I should ask for at least 6k plus?
Depends on where you come from. Most of my colleagues who were lateral hires with 3-4 year experience in non JPM/MS had to content with 5k starting pay, same as fresh grads

Unregistered 25-02-2024 12:52 PM
Quote:
Originally Posted by Unregistered (Post 269024)
Depends on where you come from. Most of my colleagues who were lateral hires with 3-4 year experience in non JPM/MS had to content with 5k starting pay, same as fresh grads
Lol noobs

The trick is to say no even if they say its non negotiable. They will let u wait for a while, then crawl back to u with higher base, signing bonus incentives all

Unregistered 29-02-2024 08:05 AM
Does anyone happen to know if VP in ops get more than 1.5 months bonus? Heard that after one becomes VP, a bigger percentage of comps will be in bonus so wondering if it’s true

Unregistered 08-04-2024 07:17 PM
Quote:
Originally Posted by Unregistered (Post 268492)
Joined after mid 2022 no promotion yet, heard 6+ more than some senior analysts at high 5k tho can’t confirm
Did u join as fresh grad? What function are u?


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