Salary Increment Rate

Originally Posted by Unregistered

The local banks increment have always be steady at around 6-8%

how about foreign banks? i heard they are generous to give higher pay but stingy in term of bonus, as compared to local banks.

Originally Posted by Unregistered

how about foreign banks? i heard they are generous to give higher pay but stingy in term of bonus, as compared to local banks.

bonus can be as little as a few hundred dollars, like <10% of monthly salary.

Originally Posted by Unregistered

how about foreign banks? i heard they are generous to give higher pay but stingy in term of bonus, as compared to local banks.

If no financial crisis, foreign banks increment range 12% - 15% depending on performance, but yes their bonus is lower.

I've been in the O&G industry for 5+ years now. My increment had been averaging 16% a year so far.

Originally Posted by Unregistered

I've been in the O&G industry for 5+ years now. My increment had been averaging 16% a year so far.

Hedge fund industry, average increment 25%

Originally Posted by Unregistered

Hedge fund industry, average increment 25%

Did u change job in between?
For me, engineering field average 25% yearly increment too with 2 jump ship.

Originally Posted by Unregistered

Did u change job in between?
For me, engineering field average 25% yearly increment too with 2 jump ship.

mine is 4% per year in poly.

i was told i wont be getting yearly increment because i have gotten my promotion increment in this workyear, being told this was company policy. Issit true?

[aplover]

Originally Posted by Unregistered

i was told i wont be getting yearly increment because i have gotten my promotion increment in this workyear, being told this was company policy. Issit true?

Seriously, what kind of question is this? Yes it is true!

You never even mention what company you are from, nvr give more background of yourself and you post it under registered nick. How to reply you?

Got a 5% cost of living increment in May and got a promotion increment of 10% in Sept. Was told I am still eligible for cost of living increment next May