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-   -   For those with 2-5 YOE, what is your salary? (https://forums.salary.sg/income-jobs/13727-those-2-5-yoe-what-your-salary.html)

Unregistered 02-07-2021 02:22 PM
Local Uni 2:1 science grad

2018: $3700 (joined engineering MNC)
2019: $3900 (changed to another engineering MNC)
2020: $4200 (promoted with low increment because covid)
2021: $4800 (off-cycle increment and adjustment)

Throughout the years, max 1 month bonus. Looking to change company for 20% salary increase.

Unregistered 02-07-2021 02:53 PM
Quote:
Originally Posted by Unregistered (Post 176373)
Calling bs on this one - some progs don't have increment during their 1.5 - 2 years of MA/grad prog, so they are stagnant. Question is - how much is the increment after they graduate?
“Calling bs” can only be used by people who are above a certain level of IQ. Please leh, tell me which bank prog no increment? List them down thanks.

On the contrary, let me list you those that give increment (even when you have less than 5 months of work only) for their MA prog (yes BO inclusive). All local banks, Citi, SCB, JP, GS, HSBC and I’m sure many more.

Source: friends working there and I’m in one of the MA progs (joined last year, not BO tho)

Unregistered 02-07-2021 03:02 PM
Quote:
Originally Posted by Unregistered (Post 176376)
If the pay is less than 3.5k, means you getting makan by the bank and don't even realize it. I'm sure HR/Comps&Benefits will be happy to know that. :o
Im not in ops and Im pretty sure local banks don’t even pay their ops above 3.5k starting. You think everyone like you ops monkey? Think work in bank then money is good alr 😂

Unregistered 02-07-2021 03:10 PM
Quote:
Originally Posted by Unregistered (Post 176368)
I’m not from ops. But even those who started out on contract doing ops at >3k have a good chance of getting promoted at least one. Factor in yearly increment, will probably reach 5k after 3 years. MA programme in local/foreign/BBs as well as BB direct hires can reach 5k within 1-1.5 YOE. Max, max 2.

Regardless, OP is doing sell-side and 5k is more like entry-level salary (at a no name boutique) nowadays. Which is why I’m wondering if the bonuses are good. If not, exiting would be better.
Fair argument for BB direct hires. Contract ops not so fast though, still need to get conversion first before thinking of promoting. Plus even for local bank direct ops I doubt can exceed 5k after 3 years. If lucky and get promoted maybe close to that but hard to exceed

Unregistered 02-07-2021 03:15 PM
Bottom line, if you are an avg performer from a grad program (BO/MO), you just need 1.5-2 years to hit 5k. 3 years would probably be 6k and up. BBs/Foreign banks even faster.

Direct hire/contract, if you are good performer, 5k is very doable with 3 YOE (even in a local bank)

MA prog pays 4k-5k for ops
Contract/Direct Hire varies from 3k-4k

Varies depending on which bank/role

Unregistered 02-07-2021 05:17 PM
Quote:
Originally Posted by Unregistered (Post 176389)
Im not in ops and Im pretty sure local banks don’t even pay their ops above 3.5k starting. You think everyone like you ops monkey? Think work in bank then money is good alr 😂
You're not in ops and you go around making claims about ops salary? LOL Jin satki man.

Unregistered 02-07-2021 05:30 PM
Quote:
Originally Posted by Unregistered (Post 176410)
You're not in ops and you go around making claims about ops salary? LOL Jin satki man.
By your logic no one can comment about job salaries alr. LOL some ppl are just dumb

Unregistered 02-07-2021 05:51 PM
Quote:
Originally Posted by Unregistered (Post 176411)
By your logic no one can comment about job salaries alr. LOL some ppl are just dumb
Are you honestly that dense? You can’t infer any other way whereby you can comment on salaries from OP’s post?

Here’s a hint - be in a similar function/job. Voila.

Unregistered 02-07-2021 05:56 PM
Quote:
Originally Posted by Unregistered (Post 176413)
Are you honestly that dense? You can’t infer any other way whereby you can comment on salaries from OP’s post?

Here’s a hint - be in a similar function/job. Voila.
I have deemed you too stupid and illogical to engage in a debate with. Keep talking to yourself with illogical statements, ops monkey.

Unregistered 02-07-2021 05:58 PM
Quote:
Originally Posted by Unregistered (Post 176415)
I have deemed you too stupid and illogical to engage in a debate with. Keep talking to yourself with illogical statements, ops monkey.
Scurry off & enjoy mediocrity, thx.


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