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What do you spend your salary on ?

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  #31 (permalink)  
Old 16-02-2012, 04:50 PM
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one way to gauge is his lifestyle. what car does he drive (and how many cars), what house he lives in, holiday destinations, etc.

a high flying banker would probably at least be driving a merc/bmw/audi, live in freehold semi-d, and go to europe/japan for holidays
His lifestyle is definitely different from ours. We went to his home for a function. He does not drink plain water, only mineral water in those green glass bottles type. He is a member of a marina club. Yes, drive Merc and has many expensive watches. His own wine cabinet with all sorts of expensive wine (sorry I don't know what kind since i do not drink).

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  #32 (permalink)  
Old 16-02-2012, 04:53 PM
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I don't like the hao lian bit and I do enjoy deflating the egos of those show-offs. But if you want to know an honest answer (and if the details you give below are true), read further:

1. Depends whether local or foreign bank and the segment of clients he cover. Nevertheless, at 45 years old and as a VP, he should be drawing a base pay between $18-30k per month. This is pretty standard for a VP at age 45, regardless of role. A variable bonus of 6-24 months (depending on performance of individual and performance of bank) is common. As a rough gauge, a VP total pay package (base + variable) is about S$250-500k per year. This will consist of cash and a mix of options. If your cousin tells you that he is getting shares, likely his total compensation has exceeded S$250k per year. If not, something is fishy.
Thanks for sharing. Wow, that is a lot of money! No wonder he is so yaya papaya lah...

I think it is a foreign bank but an Asian one.

Everytime he talk to us, he makes our family feel like we know **** and he knows everything in the world. But what to do?

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  #33 (permalink)  
Old 17-02-2012, 08:54 AM
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Thanks for sharing. Wow, that is a lot of money! No wonder he is so yaya papaya lah...

I think it is a foreign bank but an Asian one.

Everytime he talk to us, he makes our family feel like we know **** and he knows everything in the world. But what to do?
Key word is "talk". If you are so easily impressed by a confident & aggressive smooth talker, you need to mix around with Class A achievers more.

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  #34 (permalink)  
Old 17-02-2012, 09:50 AM
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Key word is "talk". If you are so easily impressed by a confident & aggressive smooth talker, you need to mix around with Class A achievers more.
and who are these Class A achievers? people who post anonymously in a discussion forum during office hours?
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  #35 (permalink)  
Old 17-02-2012, 11:38 AM
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and who are these Class A achievers? people who post anonymously in a discussion forum during office hours?
haha i'm one of them!
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  #36 (permalink)  
Old 17-02-2012, 02:33 PM
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and who are these Class A achievers? people who post anonymously in a discussion forum during office hours?
Probably some posters here are filthy rich, but no use since nobody is interested in knowing anyone offline here...
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