For those with 2-5 YOE, what is your salary? - Page 96 - 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




For those with 2-5 YOE, what is your salary?

Reply
 
Thread Tools
  #951 (permalink)  
Old 17-07-2022, 11:20 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
High single digit so a minimum of 8/9 months? So top bucket can expect 12++?

I have data of mid tier IB firm in Singapore and average was 6 months.
lol you see this cycle then report back lor. with wage inflation like this, also hard for banks to cut back on bonuses too much else everyone will jump ship.

Reply With Quote
  #952 (permalink)  
Old 18-07-2022, 01:40 PM
Unregistered
Guest
 
Posts: n/a
Question

Quote:
Originally Posted by Unregistered View Post
joke who quotes base "post tax"
Lol salty, JS do make that much now go feel bad about yourself

Reply With Quote
  #953 (permalink)  
Old 18-07-2022, 02:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lol salty, JS do make that much now go feel bad about yourself
simi lj post tax, you dumb???

retarded? forget that tax is annually and not monthly?

u actually calculated tax per month?

what a dumbass, truly a Singaporean moment.

Reply With Quote
  #954 (permalink)  
Old 18-07-2022, 09:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Got a brand of troll these days that pretend they are in a quant dev / trading role in one of these algo firms

“Hey 1yoe here 30k/m 2 yr bonus IB sux consulting sux tech sux im da bez”
Reply With Quote
  #955 (permalink)  
Old 18-07-2022, 09:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
simi lj post tax, you dumb???

retarded? forget that tax is annually and not monthly?

u actually calculated tax per month?

what a dumbass, truly a Singaporean moment.
u r getting mad on a shithole
Reply With Quote
  #956 (permalink)  
Old 18-07-2022, 11:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I am incoming analyst and guess what bro, I know we are all piece of **** who just mindlessly churns comments from our senior bankers. But one think for sure is all of us piece of **** are hardworkers, we grinded hard in university when everyone is just chilling. That being said, I would still expect to be paid handsomely as this is why I came to the field in the first place right? I don't come to the field to learn more about companies, that's only **** I tell the MD/D in interviews. So since you are experienced in the field, how much bonus on average we can expect (let's ignore last year one-off huge bonus), do you think average of 9 months is achievable in SG?
GS just reported dealmaking revs down too. Friends in tech firms are paid in equity so their effective comp is slammed and it’s not like companies are keen to maintain ESOP $value at these share prices (dilution). There’s no divine karma to maintain the 12m bonus that you are eyeballing dude. Just as market forces and labour competition can bring your base+bonuses up, a **** market can bring it down. Just like market forces can bring companies up to 50x sales and every investor is a genius, they can bring it back down to 2x, and everyone is retarded.

The only silver lining is - analysts are the last to get slammed on comp (everyone else had more upside + analysts are the cheapest) so there should still be a healthy bonus. Just don’t expect a monster bonus every year.
Reply With Quote

  #957 (permalink)  
Old 19-07-2022, 03:40 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Jane street core developer
YOE 2 - post tax 29k sgd / month base. Last bonus was 9 months ish
the only thing you need to develop is a life bro
Reply With Quote
  #958 (permalink)  
Old 19-07-2022, 08:30 AM
Senior Member
 
Join Date: May 2022
Posts: 32
Raymond is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Jane street core developer
YOE 2 - post tax 29k sgd / month base. Last bonus was 9 months ish
Wow damn that's pretty insane.

I heard about the insane crypto salaries, found a few verified ones too online but I always wondered like what was the highest they could go.

The highest I saw on nodeflair was like 15k, crazy to think people can get almost twice of that!

Was your bonus also paid in crypto? or cash?
Reply With Quote
  #959 (permalink)  
Old 19-07-2022, 09:55 AM
Unregistered
Guest
 
Posts: n/a
Default

Every job has its risks

Equity research - from more-baller-than-M&A in the 90s being the Moses to companies in the sea of capital markets, to getting slammed HARD by regulations and just being a corporate access manager putting together NDRs

M&A / capital markets - dealflow / primary financing market volatility, but arguably one of the few finance roles where your skill has ACTUAL fundamental demand outside of finance

Private equity - personal career risk: good luck finding your seat at the table if you didn’t tag on the best deals all the way. Multiples contraction hitting returns after riding on 30 years of multiples expansion on leverage. Political / regulatory risk once enough hate for PE accumulates.

SWFs / state pension - pay/returns optics and political risk (change of political overlords)

Hedge funds - personal career risk = payouts as big as 8 figs, longevity as short as 3 months

VC - you are either part of the 3-4 unicorns in this region, or you are not. Good luck if you are not. Your management fees won’t save you.

HF / MM shops - still minting right now, but regulation / politics is probably the biggest risk. There’s only a limit to how much you can say “we provide liquidity” pls. Career risk - not sure what else you are valuable for if your only raison d’etre is to game exchange microstructures.

Crypto - lmao don’t get me started.
Reply With Quote
  #960 (permalink)  
Old 19-07-2022, 10:13 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Every job has its risks

Equity research - from more-baller-than-M&A in the 90s being the Moses to companies in the sea of capital markets, to getting slammed HARD by regulations and just being a corporate access manager putting together NDRs

M&A / capital markets - dealflow / primary financing market volatility, but arguably one of the few finance roles where your skill has ACTUAL fundamental demand outside of finance

Private equity - personal career risk: good luck finding your seat at the table if you didn’t tag on the best deals all the way. Multiples contraction hitting returns after riding on 30 years of multiples expansion on leverage. Political / regulatory risk once enough hate for PE accumulates.

SWFs / state pension - pay/returns optics and political risk (change of political overlords)

Hedge funds - personal career risk = payouts as big as 8 figs, longevity as short as 3 months

VC - you are either part of the 3-4 unicorns in this region, or you are not. Good luck if you are not. Your management fees won’t save you.

HF / MM shops - still minting right now, but regulation / politics is probably the biggest risk. There’s only a limit to how much you can say “we provide liquidity” pls. Career risk - not sure what else you are valuable for if your only raison d’etre is to game exchange microstructures.

Crypto - lmao don’t get me started.
bla bla bla

source: trust me bro
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
Min Salary in Collective Agreement vs actual salary chenbaeki Income and Jobs 2 24-01-2017 07:50 AM
Expected salary compared to current salary sijia_lim Income and Jobs 12 25-07-2016 11:22 AM
MNC but low salary or "lousy" firm but higher salary? ally_spy Income and Jobs 7 11-02-2016 12:51 PM
Salary Progression depends on previous salary? askethan Income and Jobs 3 03-09-2011 10:23 AM

» 30 Recent Threads
Compare civil service salary ( 1 2 3... Last Page)
16,436 Replies, 12,590,340 Views
Career as Teacher ( 1 2 3... Last Page)
11,187 Replies, 6,836,576 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
738 Replies, 412,412 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,004 Replies, 5,097,202 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,488 Replies, 805,361 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,020 Replies, 1,084,497 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,662 Replies, 2,384,703 Views
GovTech ( 1 2 3... Last Page)
5,739 Replies, 2,288,961 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,155 Replies, 3,796,332 Views
Lawyer Salary ( 1 2 3... Last Page)
21,148 Replies, 10,460,058 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,900 Replies, 4,723,173 Views
ST Electronics ( 1 2 3... Last Page)
3,809 Replies, 1,576,167 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,346 Replies, 1,164,440 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 19,987 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,341 Replies, 3,460,363 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
825 Replies, 387,657 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,815 Replies, 1,444,055 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,282 Replies, 636,921 Views
NUS (National University of... ( 1 2 3... Last Page)
323 Replies, 327,434 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,766 Replies, 1,517,032 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,503 Replies, 1,401,127 Views
DBS ACE Programme ( 1 2 3... Last Page)
163 Replies, 82,969 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 451,337 Views
ITE (lecturer) ( 1 2 3... Last Page)
279 Replies, 392,888 Views
Any Ministry or Statboard still... ( 1 2)
12 Replies, 12,498 Views
Work culture in CPF board ( 1 2 3... Last Page)
34 Replies, 77,803 Views
Work culture in IHiS ( 1 2 3... Last Page)
722 Replies, 553,450 Views
Private Banking Salaries ( 1 2 3... Last Page)
83 Replies, 139,005 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
761 Replies, 424,900 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
415 Replies, 501,101 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:57 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2