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Q: Big4 - Yearly salary increment

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  #1551 (permalink)  
Old 28-05-2021, 12:03 AM
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5yrs of experience working in BB BO and earning only 6+...guess I am severely underpaid
This guy is working in big 4 lah. He trolling you all only. 4 to 5 years should be at avp level already.

Only manager in big4 will get that kind of shitty salary for 5 years exp



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  #1552 (permalink)  
Old 28-05-2021, 09:38 AM
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You are actually. Which BB and what function? You should be expecting 7+/8 minimum even if you didnít join as grad hire.
Associate doing credit risk in one of the bigger US banks. I didnít join as grad hire. I thought my salary was average based on careers future but guess I am quite far off.

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  #1553 (permalink)  
Old 28-05-2021, 09:41 AM
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Associate doing credit risk in one of the bigger US banks. I didnít join as grad hire. I thought my salary was average based on careers future but guess I am quite far off.
Ok la if I guess correctly u should be a junior associate.

That is about 6k plus correct. US banks credit risk in sg is doing credit
Risk reporting which is more aligned to operational aspects. The good credit risks roles in US banks are mostly in hkg.

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  #1554 (permalink)  
Old 28-05-2021, 09:46 AM
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Ok la if I guess correctly u should be a junior associate.

That is about 6k plus correct. US banks credit risk in sg is doing credit
Risk reporting which is more aligned to operational aspects. The good credit risks roles in US banks are mostly in hkg.
Actually Iím on my second going on third year associate. All 5 years are in credit risk. Whatís the market rate currently for such background?
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  #1555 (permalink)  
Old 28-05-2021, 09:55 AM
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Actually Iím on my second going on third year associate. All 5 years are in credit risk. Whatís the market rate currently for such background?
Top tier BB? Second to third year associate should be drawing at least 7k+
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  #1556 (permalink)  
Old 28-05-2021, 10:08 AM
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You receive better offers?
Ya, around 1.5k more
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  #1557 (permalink)  
Old 28-05-2021, 10:31 AM
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Actually Iím on my second going on third year associate. All 5 years are in credit risk. Whatís the market rate currently for such background?
What is the pay that YOU are drawing?
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  #1558 (permalink)  
Old 28-05-2021, 10:32 AM
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Actually Iím on my second going on third year associate. All 5 years are in credit risk. Whatís the market rate currently for such background?
honestly you're at market rate. how's the bonus?

the european banks pay the same but no bonus/1 month, so you can compare. time to jump out i guess
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  #1559 (permalink)  
Old 28-05-2021, 10:34 AM
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honestly you're at market rate. how's the bonus?

the european banks pay the same but no bonus/1 month, so you can compare. time to jump out i guess
the ones that pay better are funds
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  #1560 (permalink)  
Old 28-05-2021, 10:48 AM
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honestly you're at market rate. how's the bonus?

the european banks pay the same but no bonus/1 month, so you can compare. time to jump out i guess
Market rate for junior associates in top BB is already verging on 7k. So with 3 years at the associate level you should be drawing close to 7-8k, if not it pretty much means that youíre stuck at the same associate band/level.
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